The Pioche record. [volume] (Pioche, Nev.) 1908-1925, 1921-04-22

cost OF transportation from farm 10 /
market and through the influx Of for |
eign farm products. because We offer. |
essentially unprotected. the best mar
ket In the world.
IL would be better 10 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 10 greed. but ever con
cerned with that productivity at home
which is the source of all abiding good
fortune.
To Sell and Buy.
II is agreed that we cannot sell IN
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
completing the peace, commercial
agents of other nations were opening
their lines and establishing their out
posts with u 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-
tablishment of the governments bust
hess on business basis. There was
liberation and the easy going, unsys-
teDatic method of handling our fiscal
affairs when indirect taxation held the
public unniindful of the federal burden.
But there is knowledge of the high
cost of government today, and the high
cost of living is inseparably linked
with high cost of government. There
can he no complete correction OF the
high living cost until governments cost
is notably reduced.
Budget System.
Let me most heartily commend the
enactment of legislation providing for
the national budget system. Congress
has already recorded its belief in the
budget. 1t will be a very great salts
faction to know of its early enactment
: so that it may be employed in estab
fishing the economies and business
, methods so essential to the minimum
) of expenditure.
l have said to the people we meant
[ to have less of government in bushes:
) as well as more business in govern
: ment. 1t is well to have it understood
E that business has a right to pursue it
: normal, legitimate and righteous wa.
unimpeded and it ought have no call t.
meet government competition where al
, risk is borne by the public treasury.
h Reducing Costs.
Y There is no challenge to honest AM
e lawful business success. Bit govern
{ ment approval of fortunate, untram
meled business does not mean tolera
j. ton of restraint of trade or of main
l. tanned prices by unnatural methods.
S it well to have legitimate business VI
e derstand that just government, mind
S full of the interests of all the people
$ has right to expect the cooperate
of that legitimate business in stampin
l. out the practices which add to unres
). and inspire restrictive legislation. AM
D ious as we are to restore the onwar
n flow of business, it is fair to combin
r assurance and warning in one ute
$ ance.
IS One condition in the business worl
t. may well receive your inquiry. Defl;
IS ton has been in progress, but ha
20 failed to reach the mark where it ca
n be proclaimed to the great mass {
j. consumers. Reduced cost of basic pr
is duction has been recorded, but hig
cost of living has not yielded in lib
proportion. For example, the price
NJ on grain and livestock have been d
10 flated, but the cost of butter and mea
is not actually reflected therein. 1t
M TO be expected that nonperishable st
10 pies will be slow in yielding to 10y
II cred prices, but the maintained reta
" costs in perishable foods cannot
20 justified.
Cause Of Trouble.
e. I have asked the federal trade col
es mission for report on it's observation
II and it attributes in the main the ia
a. ure to adjust consumers cost to bas
lie production costs to the exchange
IS information by "Open price aSSoci
en- tions," which operate, evidently with
nd the law, to the very great advanta
Sc of their members and equal disadva
tage to the consuming public.
IN Without the spirit of hostility
s. haste in accusation of profiteerir
is some suitable inquiry by congre
to might speed the price REIMBURSEMENT
is normal relationship, with helpfulne
nd of both producer and consumer.
in measuring rod of fair prices will sat
fly the country and give us busine
mt revival to end all depression and l
ire employment
ASS Rail Problem.
ny The great interest of both the p
ia Queer and consumer-indeed. all c
Is industrial and commercial life FIR,
agriculture to finance-in the profile
of transportation will find it's ref
ei;- in your concern to aid re-establi
lie ment. 10 restore efficiency and bri
he transportation cost into helpful
eff lationship rather than continue it
ut a hindrance to resumed activities.
l 1t is little to be wondered that
no. considered legislation, the war stra
m government operation in heedlessn
re- Of cost and the conflicting program
g.