The Wheeling intelligencer. [volume] (Wheeling, W. Va.) 1903-1961, 1921-06-06
U, S. Agricultural
Situation Cause Of
the Greatest Concern
NJ DAVID nAw1ENc1.
tCcpyrSnt By the In.elliEencNr)

Washington. June S.--rS"SidSnt Hard
ag - encountering the full force OF the
ia! wave which rises our OF n dis
'resSet economic situation and miStak-
oily drrn2n that the government cure
ii business Ills and restore tho profits
e: hygone days.
The President told friends :ha; ;GdS-
nS by the appeals for government aid.
many people imagined K possible for
he executive and his administration By
wave OF the hand to bring back norma:
onditiorS. The President looks upon
he economic situation as thy nerita-
Die result OF reconstruction I"d re-
dJuStment following the var. The cab
mex at rs Friday meeting discussed
What the government could do. but ua-
fortunately the government caTno' do
much mo-" than guide certain vC-rHn;S
ha; may have an Influence on the Situa-
cor. At;e- all. < Is the feeling % tn"
"rrS:iea; that thr SiS Industries WIZ
hemsS:I eS find he WI: out tmer!c&.
ne thinSA Will -rcovc- FROM: ;he shock
;: the European war -; rs she did
rom the civil wa--:'' = nS:Ir;>l ard or
ierly way. I: - ne agricultural. St,ua-
ION. however. "&.CN '..2<c> concern Cor
while the Dix in&u>,c:r$ a.: - = sense
help themselves. IT, farmer needs to
20 financed and :.c-.. - have sNPor,
-rade and ~ the SAN" me :cGS; BE pro-
"cted in his HON" .s-,S@; NJ these
different desires -" a, Ha$;s 90 the
-o-Called Agriculture, H."c = congress.
'omposed Of members Q: ro:h parties.
mostly from the west AMI ST"'h. who
IRE able 10 pat through congress r.ac-
.c.ll:' any measure - rei!s: that the
armers may want. Ana President
Harding is urquestionabiy <y:uraeh"t!c
With the agricultural group.
Profits Of Yesterday.
Meanwhile. ;hc President himself -ec-
oSn!zes that the chez trouble of the
moment in the ecoaomic situa!tno Is the
tact that the profits Of yesterday out Of
,hich il might be possible for the
American business E,an 70 recoup losses
- to-day are inaccessible. Large por-
IONS Of those profits have been paid
INTO the treasury Of the United states as
ncome taxes and have IN turn been eS-
pended BY the government. Were it pos
Sible for the business people Of Amerlcs
20 have paid taxes over a period Of years
rather than over u single year ~ 4 unit.
they would have be.n better able to
ctnance themselves i'm the trying era OF
reconstruction when. goods bought at
steep prices must be sold below cost TO
clean shelves atA empty tho wase-
iousi6aRl new supplies.
But this is !mpossiblc. The govern
lent faces r condition and uot hypo-
hetical case. And Nr. Harding realizes
that the full strength OF the electorate
- asinK s1erted to make the adu.snlstr;,-
ion move in this or that direction so as
0 hasten a return 20 normally. Il Is a
;oct that the Harding administration has
given more time and thought 10 domeS-
&c problems and particularly business
adjustment than anything else but
won the folk in the administration aG-
nit that the tide of circumstances over
which no one In the government had
.:ontrol Is almost irresistible.
Precedent broken.
During the week President Harding
orokc q precedent IN order to speed mp
me form OF relief for American pro-
ducers. BY implication he suggested re-
Iuctions in freight rates to the inter
Stata commerce commission and found
upon INJURY there that already the
commission was trying TO work out a
proEram OF voluntary reductic, by the
rarriers Of burdenSomc rates. Inc.den-
ally M. Harding seems TO th:nk that
he days Of horizontal Increases or de-
rreases in freight rates ar" about over
md that the iniqu!ttss % tina: system
9ught not TO De- repeated in any revis-
on OF freight rates.
The farmers have Se,: III. m0r.nS FOR
IN adjustment of freight rates. The
,.arriers have been reluctant but the
power OF the agricultural elements Of
he nation in the Harding adm.n!s,ra-
ion doomed up as too great to resist and
he carriers are trying to work out 4
Program that will be least harmful to
'hem.
or course II there were definite tax
program available. the air would be
.lcared but congress Is having trouble
.nough with the tariff let alone I rev.
niue bill. and the prospects a-r not as
bright az they were for an earIy clean
.ng up OF legislation. affecting business.
The chances are that next fall congress
EIll SIN be here haranGuins abou;
,arsff or taxes. Everything moves
slowly In the convaleScent peri even
he wheels OF congress. The admin:s-
ration. Is proceeding steadily but Il
would breath" much ca icr = the people
didn't expec: 50 much ~ the govern
nent.
TIE WEATHER.
Wsst Virginia, western RSnnBylvAn1A
ana Oh1o-Tatr Monday and Tuesday
somewhat warmer Tuesday.