The Oakley herald. [volume] (Oakley, Idaho) 1908-1961, 1921-04-22


damental industry through the hig
cost of transportation from farm [
market and through the influx Of for
elgn farm products, because we offer
! essentially unprotected, the best mar
, ket in the world.
II would be better TO err in prOtect
ing our basic food industry than para
lyze our farm activities in the WORLD
struggle for restored exchanges. The
maturer revision Of our tariff laws
should be based on the policy Of pro-
lection, resisting that selfishness
which turns to greed, but ever con-
cerned with that productivity at home
which is the source Of all abiding good
fortune.
To Sell and Buy.
1t Is agreed that we cannot sell I'M
less we buy, but ability to sell is based
on home development and the fostering
of home markets There Is little sen
timent in the trade of the world. Trade
can and ought to be honorable but ii
knows no sympathy. While the dele
gates of the nations at war were de-
batting peace terms at Paris, and
while we later debated our part in
agents of other nations were opening
their lines and establishing their out
posts with a forward look to the NOR
rows trade. 1t WAS wholly proper and |
has been advantageous to them. Tardy |
as we are it will be safer to hold our |
own markets secure and build thereon
for our trade with the world.
A very important matter is the es-
adjustment of the governments bust
ness on a business basis. There was
liberation and the easy going. unsys-
tematic method of handling our fiscal
affairs when indirect taxation held the
public unmindful of the federal burden.
But there is knowledge of the high
cost of government today, and the high
cost of living Is inseparabiy linked | !
With high cost of government. There /,
AN he no complete correction of tho !
high living cost until governments cost /;
$ notably reduced.
Budget System.
Let me most heartily commend the n
nactment of legislation providing for
he national budget system. Congress +
as already recorded its belief In the D
udget. 1t will be a very great salts n
action to know of its early enactment, d
D that it may be employed in estab- n
shing the economies and business S
ethods so essential to the minimum II
expenditure. b,
L have said TO the people we meant
have less of government in business 81
well as more business in govern II
ent. 1t is well TO have it understood 81
at business has a right to pursue its an
'rmal, legitimate and righteous way to
impeded and it ought have no call to OF
eet government competition where all er
TX is borne by the public treasury. ST
Reducing Costs. 70
There Is no challenge to honest and on
Yful business success. But govern
mt approval of fortunate, untram-
lied business does not mean tOlera- th
n of restraint of trade or of main ed
ned prices by unnatural methods. 1t ca
well to have legitimate business I'M ma
rstand that just government, mind bu
of the interests of all the people. in.
S right to expect the cooperation en-
that legitimate business in stamping tic
the practices which add to unrest ms
! inspire restrictive legislation. Anx-
S as we are to restore the onward the
W of business, it is fair to combine ma
urance and warning in one utter sta
e. up'
me condition in the business world SAT
well receive your inquiry. Della gu;
mas been in progress, but has pol
ed TO reach the mark where 1t can the
proclaimed to the great mass OF tho
sumers. Reduced cost of basic pro-
ton has been recorded, but high 7
of living has not yielded In like pro
portion. For example. the prices Ian
grain and livestock have been de- is n
ed, but the cost of butter and meats res
OF actually reflected therein. 1t is lati
he expected that nonperishable sta of ,
will be slow in yielding to low In
prices. but the maintained retail strr
S in perishable foods cannot be Iarp
flied. mus
Cause of Trouble. ues
have asked the federal trade COM chai
sion for a report on its observations pres
il attributes in the main the fall tom
to adjust consumers cost to basic 1t
uction costs to the exchange of gres
rmation by "open price associa- befi
J." which operate. evidently within the
law, TO the very great advantage and
i1ti iitulbCAS tphttl uiodONQu-
to the consuming public.
ithout the spirit of hostility or NJ
2 in accusation of profiteering, Ama
suitable inquiry by congress such
t speed the price readjustment to who
al relationship. with helpfulness of a
9th producer and consumer. ouob
uring rod of fair prices will salts hott,
e country and give us a business then
al to end all depression and I'M will
Dyment CARR
Rail Problem. TIL
e great interest of both the pro- right
and cOnsumer-indeed all our can
trial and commercial life from OF IN
llture to finance-in the problems puDH
will find its reflex shlpp
'ur concern to aid re-establish- cooru
to restore efficiency and bring tatioi
)ortatiOn cost into a helpful re- meht
ship rather than continue it as opera
trance to resumed activities. under
s little to be wondered that ILL ed 10
ered legislation, the war strain, wOriu
lment operation in heedlessness cllane
4 and the conflicting programs can E