The Wheeling intelligencer. [volume] (Wheeling, W. Va.) 1903-1961, 1921-10-10
PROBLEMS Of INDUSTRY
DISCUSSED BY Herring

place OF all the horses which were m
use at that time, you would have said
that was crazy. but such has come
10 pass since tho perfect!ng OF ~" au-
tomobile. There are at preset: 100000
% those IN tho United States.
Again. II would have told YOU ten
Years ago that mechanical device was
20 lie made which could go eight miles
in the air. you would have said that
there sure was something wrong with
me. bat such came 10 pass not ten days
ago at the Dayton Held. when man
went 40.SO0 feet III the air at which
time his eng ne froze up. but after start
ing back down Il started again. He made
this trip in one hour and fifteen min
utes
Duo to the largo number OF inrcn-
t!cns, thousands OF people have been
brought into the cities: at present :here
are 50 percent Of the people living in
the cities. while ten years ago II WAS
but ~ percent.
"One thing which could help condi-
lions wonderfully. and that Is FOR tho
government 70 start bond issue on the
order OF the Liberty bond drive made
during the war for the raising Of FUNDS
for the government to irrtgate and put
Into shape tho large amount OF Land
which Is going 70 waste In me states
west Of the Mississippi river. There
is. would say. as much land Idle N
that section OF the country as the total
area OF the eastern states.
Take, for instance. the great state
Of Iowa. 1t has gone back IN population
while. on the other hand. II is producing
nearly twice as much at present as It
produced several years hack. This IS
due 70 the tractors which are used by
} nearly everybody in that section.
AT present the people Of this country
are raising and making enough In eight
months what formerly needed twelve
! months to consume. so that At present
! this leaves four months during which
| time tho companies are having to close
( down. due to getting too much material
on hand. II all the manufacturing con-
Germs were TO sell these products 70
foreign trade It would help out consid-
| erably. but they will not do II on &C
| count OF tho countries not having the
! gold money.
"on the other hand they have plenty
/ OF paper money. but this Is considered
| Of but little use, as II is worth but a
very small sum. Take the French paper
/ franc During the world war It was
worth 1871 cents while at present Its
value in United States money IS but {
| cents. Tho Canadian dollar Is only
worth IS cents IN this country. while
German marks can be obtained for As
Of a cent. They were formerly worth
FAX cents in this country.
I All these countries cannot under
stand Just why It Is that their money
Is 80 low, while on tho other hand they
claim that the United States currency
| Is. higher than during the war. Tho rea-
eon for this Is that the United States
! has nearly one-half OF all the gold in
! tho world as they took II from these
countries in payment for material dur
lng the war. In 1914 this country loaned
J 81, 900. 100000 to tho allied countries,
while at present loans amounting 10
J $500. 300. 100000 are outstanding.
| I look Tor Things 10 open UP during
t, the months Of March and April Of 1922.
while there will be but little activity
in the industrial center the remainder OF
this year. At this tine nearly all of
! the people will be back TO work and
! things will return 70 normal conditions.
/ There are but three things which
/ can help conditions. and I believe that
! ,,.hI rh - IN
tako such steps TO pass these three
! things.
First Is for all employers 10 employ
! additional men: second. 10 have the
| counties and states to build highways,
and third. for the government to con-
struct a large canal which Will connect
Lake Erie with Chicago. l only hope
! that these three things will be on the
boards program