The Mankato free press. [volume] (Mankato, Blue Earth County, Minn.) 1879-1924, 1921-11-18
MANkATo FREE PRESS
kiyanians Heard
Hardy In Address
Chicago Man Spoke of Sound
Condition of This
Country

"The way to prosperity Is over
the road of push, enthusiasm, thrift,
common sense and understanding"
These words were used by c. D.
Hardy of the public relations depart
ment Of Swift & Co., Chicago. ILL.,.
In his address before the Mankato
Kiwanis club at its luncheon today.
In these uncertain times" con-
tinued the speaker, I'VE should not
forget the basic fact that this ma
ton is fundamentally sound. OF the
United States this can be said more
truly than or any other nation In the
worlds family Of states. -.
What are the facts anyway?
Here are just a few. United States
has greater bank deposits than any
other nation of the earth today. We
| produce % percent OF the worlds
supply of wheat, rs percent of the
dairy products. forty per cent of the
pork products. We produce fifty
ply CT cotton, of corn, of pig iron,
OF steel, Of petroleum, and we have
but seven per cent of the worlds
population.
Depression, Yes, there is depres-
sion. No one can be blind to the
actual condition. Rather let US face
the facts fearlessly but with full
appreciation OF what We are funda-
mentally as an economic unit. 1t Is
with which we have to work that
We can hope to build structures of
any kind. -.
I'm every period of depression
there Is always evident too much
pessimism, too much lack of conf
dence. We too often make the very
grave mistake Of looking for human
forces that have produced existing
events rather then for the economic
uation.
The Psychology of War.
There is no use winking the fact
that we have been at war, that a
war psychology dominated to a
greater or less extent all business
activities. Prices were high, profits
were large, wages increased, and ex-
travagance was wide spread.
When liquidation set in, these
consequent loss of money, but it Is a
mistake to lose our confidence in
business and in business men be-
cause temporary and passing sit
uation is unsatisfactory.
Business is anxious for normal
conditions again. When Is it going
to get them? When are business
men going to be able to feel that q
basis OF economic, sterilization has
been reached so that new ventures
can be attempted or new markets
found or new Industries started with
out fear OF further and very mark
ed liquidation and consequent losses.
In answering that question the
wise man will look first Of all to
world conditions. He will under
stand that the United States cannot
get all of the way back to normal
until the word gets long way back.
This win be true because economic
isolation for any great nation In the
world is no longer possible. The
prices OF wheat, cotton, iron, steel,
] meat, petroleum. leather. the leading
commodities of this nations business,
are governed largely by world con-
ditions.
"One of the troubles-xith us all in
business is that We are failing to
remember how dependent each is
upon the other.
I'VE are unwilling to think far
enough into our economic situation
to understand that unless we all
prosper, no one Of US, on the aver
age, is going to prosper. Nothing
but more information. more thought,
more analysis, more application oil
good sense to the economic order,
will ever give US this information.
I'm seeking for ways to get back
J to normal, the road is going to be
found in pulling hard for new bust
ness, in pushing our products into
world markets, in exercising indiU-
dual thrift, in applying common
sense to all business operations, and
finally in understanding that no HUI
man units, whether big men or little
men, are responsible for where we
are. but that the situation is an out
! growth Of world conditions brought
upon us by the existence, through
more than four years. of world
war"
| Edwin Brush Spoke.
Edwin Brush, magician, enter
tainer and lecturer, who will speak
at the Union School this evening on
the subject, 1.-THE Other Mans
Came" also addressed the Kiwanis
gathering. Mr.. Brush was the guest
at dinner Of Professor d. C. Pickett
Of the high school. e. c. Schroeder
Of Moorehead, who Is in the city Wis
iting J. C. NARROW spoke for a few
minutes on the Breeding of Holstein
cattle and the dairy industry.
! Attorney S. B. Wilson appears to
be one of the lucky Kiwanians. To.
day he received the splendid pipe
donated as an attendance prize by
! the Minnesota Pipe and Tile COM
pany. Inasmuch as Attorney Wilson
does not smoke It was returned to
the possession Of the club and then
auctioned OFF to the highest bidder.
DR.. A. M. Sneel was in need of a
new pipe and his bid captured the
attendance prize. l.s'
Owing to the absence Of President
Ferguson. who is on a business trip
to Rochester, N. Y, e. w. Willard OF
the Willard Land company. served
in the capacity OF President while
c. w. Fisher occupied the secretarv's
chair. c. r. B.. being on a business
trip to Washington, D. C.