Evening star., 1921-03-27
RY I. A. FLEMING.

Industrial recovery. so badly need
ed that the United States may resume
its normal prosperity. is seriously re-
tarded by too much unrest. dissatis-
faction and refusals to drop wartime
schedules and get down to the brass
tacks of peace days.
The days of extravagant buying are
over. gone probably forever. except
such as always comes from the devel-
opment of the newly rich.
Liquidation has run far and. in all
probability. has nearly finished its
course. in so far as manufacturing in
dustries are concerned and largely so
far as retailers have been warranted
in going, but labor has still to do its
share.
The general public still demands
and will obtain concessions in many
wage clipping and the abolition of
the excess profits taxes, which cannot
be put over unless some satisfactory
substitute can be found to replenish
the wasted Golfers of Our Treasury.
One of the greatest happenings of
the week just ended was the settle
ment of the proposed packers strike.
and any one who has ever gone
through one. even at a distance. un-
derstanas that such n strike is
ltH odHStt " tHc AoASoc VI
the law and right. to the innocent by
stander and to any man who has the
temerity to be a strike breaker.
Important as the avoidance of this
strike and the concessions mutually
agreed to. that prevented it, it was
nothing in value compared with the fact
that it gave to the business world the
assurance that President Harding had
made no mistake when he named James
J. Davis his Secretary of Labor This
official ia nnSSacged nf a judicial mind.
he is able to look on both sides of
question and make a decision, and not
one-sided in his rulings.
Business welcomes this brand Of an
official in Washington. He is especially
needed in adjustments of innumerabie
wage cases which will be brought before
him in the near future, with the hope
that ne will be able to smooth out the
kinks and reach a compromise where
compromise. in his judgment. is wise.
Unrest md the Dole.
Much of the unrest is incident to the
war period and grows directly there
from.
1t is also the cultivated and watered
unrest from the turbulent old world.
suffering from it's many miseries. hght-
ing for power, fighting for anarchy and
the destruction of that which exists
without suggestion OF better replace
ment.
veillance as dangerous to American in.
stitutions unless it is the propaganda OF
Americanism and of self-support
Dealing with the won't works should
community. coupled Wiz, won't eat IN
less you have the wherewithal
The world was very charitable in its
world war trials. And in instances
nothing like the state of affairs that
prevails in England. There they have an
unemploy oyment fund. A man is valued
around "a 500 and Is paid per cent an.
nual interest on this sum when OUT OF
work. while the woman goes on a basis
Economic writer's call it the dole"
and predict that unless the dole IL
stopped in the Immediate future II
will ruin Great Britain. Any kind OF
a dole is a premium on laziness and
an anesthetic on work.
There is one way to get this wor!ds
goods. a modicum, at least, and that IL
by the sweat It, OF thy Ssf.stsd nrow army Of
s-perhaps-diven out OF its
own country, landed in another, de-
pendent on the charity Of the Red
Cross.
sins" and is greatly to be praised. but
misdirected charity is a menace 10
the recipient.
VIII He solved.
National problems. taxation. tariR.
Immigration, etc, may be left with q
measure Of assurance OF their being
solved by Congress. wisely leg ny tne ne
with these and the wage problem
out OF the way. the railroads. the
sorest spot in the community. VIII
find increasing freight and begin to
reap the reward Of high rates.
The Cnited states steel Corporatfon.
Have you ever stopped to think a
few minutes of the United States
Steel Corporation-the greatest busi-
ness organization in the United
States?
People know in a general way that
it has been a wonderful money
maker: that it has largo factories In
many places; but on the real facts
few are informed.
Since it was organized in 1901 II
assets today Of 32.lso.s4s.ss2.SS. and
has written of and charged OF for
dreds Of millions Of dollars.
One OF the most impressive features
Of the late annual report. coming at
a time when many corporations are
frantically bidding for aid from banks,
was that this corporation had &123.-
eso.ss4.o2 cash in the bank subject to
time loans. and liberty bonds and
Treasury certihcatea. with other Sc
curities. aggregating $3.50. $50. .61S7S,
all practically cash.
1t owns $1.sss.100.4s3 OF property.
Last year It paid pensions of 377S.-
fsS to retired employees; spent 31.42o,-
456 for accident prevention. and paid
$5.s34.s63 for accidents in its shops.
To provide aid IT has z9S emergency
stations in its shops. twenty 1--WE base
hospitals with a stan of 263 surgeons
and physicians. whose time 10 given
exclusively to the corporation. and an
outside staff Of ninety-one surgeons
Is retained on salaries.
Sanitation last year cost $4.227.263.
AT the close of the year there were
in operation 1896 comfort stations,
co.340 washing faucets or basins.
1889 showers and 133.315 lockers
Napoleon won Auster1itz with some
The Steel Corporation has on It's
pay rolls 2s7,345 people and the pay
roll for 1920 was 35SI.556325. The
reader may figure the annual pay per
person. IL the information 10 desired.
The average daily salary per employe
WAS 81.
In 1920 the corporation set aside
$3s.72a.zso to pay federal taxes.
Better Keep the Reeords.
When you mads out your income
tax record II you used tho letter "r''
therein you would better begin right
early TO keep a memoranda Of your
expenditures during the current wear.
Keep track Of all your luxury taxes
and deduct thcn from your next in
come tax statement: II you uss your
auto in business cxclusiveiy enter all
'1psDses In the matter Of repairs Ras