South Bend news-times. (South Bend, Ind.) 1913-1938, 1921-01-02
HOPEFUL BUSINESS
OUTLOOK FOR 1924
SHOWN BY HOOVER
Cites New Interest in World
Affairs as Favorable
Tendency.

WASHINGTON. d. G., Dec. Sc
Herbert Hoover. who has been call
ed the worlds premier business
man." takes a hopeful view Of the
. business outlook at the beginning OF
the new year.
Half the trouble with our bust
ness today is psychological" said
Mr. Hoover today. The other half
is actual. but there is no reason why
we should look for anything OF
more serious proportions than we
are going through now.
The fact that a 80 percent drop
in commodities involving billions OF
dollars, has not produced any more
marked effect on this country than
il has is a monument 10 American
industry methods. This tremendous
loss has been absorbed somewhere,
but it has created no sharp havoc IN
our industrial life.
"A change will come over the
thinking and acting people of the
United States i'm the wake of the
present dehation of markets and the
inability 10 dispose of our food T.
stuns and commodities. Hitherto
the farmer and the laboring man
have not been greatly interested in
large national problems and foreign
relations.
Become Everyday Affairs.
1T is surprising now how con-
Cerned the farmers are about our
International relations and world
affairs. This applies TO the great Ia
boring classes. Foreign affairs have
turned out 10 be not - foreign aft
er all, and Europe has come TO the
farm.
The relations between the ma
tions of the world in the past have
been handled as academic prob
lens. Today they are becoming ev-
cry day problems for every one.
There has been plenty of talk
and writing about great readjust-
ments after the war. but there have
been no great establishments. There
has been no concerted thinking or
action on any of the vast problems
of the world since the war Some
progress in national and information
al policies was made during the
armistice period, but it stopped with
the signing of the peace treaty
Europe has started in 10 pile up
international difficulties without any
loss in OF time and is busy with the
old problems OF indemnities and
tariffs. In this country the peace
treaty has not been signed.
Can't Let Children Die.
Among these world problems
that have not been solved is that of
feeding the starving European chill
dren. Two years has not been long
enough 10 make the people OF the
rest of the world realize that this il
everybodys problem and that these
children cannot be left 10 die.
This saving of human life on a
scale of hundreds of millions of peo-
pie is unique in history. II is an in
stance where a nation has inter-
vened TO save human life and not
destroy il. In the 80 years war
where there was no American char
ity. one-third of the population Of
Europe died.
I'm a war where 10000. 600 peo-
pie lost their lives. America saved
the lives Of $1,000, 600 children. We
have heard much of peace. Peace
is not a product Of documents but of
good will among men. The Ameri-
can flag implanted ia the hearts Of
these ! 1000, 600 children Will be a
far greater protection TO America
than battleships.
These children are obligations
on every man and woman in the
United States. after his own and his
neighbours children have been cared
for.