The Washington herald., 1921-05-29

celebrated by the note OF optimism sounded Dy Fres
dent Harding at an address on "Justice-in Commerce
and Industry" delivered in New York last week
Helpful assistance to American business and industry,
whether big or little, with the least possible measure
Of nerference formed the keynote Of the Presidents
pronouncement Of his administration policy
The President emphasized throughout his address
the desire the part Of the administration to remove
restrictions from business far Il is possible 70
do So and to give to business the fullest Of
cooperation. There is no need for the government
TO engage in business to depete- the treasury The
governments part in business should be no more than
70 establish regulations that win enable It to sail
safe course There has been tendency to regard
business dishonest until il should prove itself honest
and to regard biencss in business crime So
speak for the least possible Of government
Interference with business but for the largest CO.
with properly conducted business and the
most effective to ensure that whether It be
big or little. business shall be honest and fair"
The Presidents address "Justice in Commerce
and Industry furnished assurance to the business
world that il will not be needlessly harassed by
ernmental regulations and restrictions,
Backbone Of Strike Broken.
American shipping conditions gradually APP
pfoaching normal in spite Of the strike of the marine
engineers and the Steamship owners declare
that the backbone Of the strike broken last Satur-
day when seventeen ships Of American registry. sailed
from New York Twelve Of the steamers cleared
steamers slipped their moorings and got under way
for other destinations. bringing the total number of
foreign and coastwise sailings up to 63 in one week
The Pacific steamship owners are brcaSing the
blockade that the marine unions built up The Pacific
Mail Steamship company sent the shipping board liner
-crcoIe State. TO India last Monday. and dispatched
the "San Juan" to Mexican ports. The Admiral line
has succeeded in sailing two ships to Alaska
and other companies have recovered in measure
from what at FIRST was almost total paralysis. 1t is
understood that the Pacific companies have imported
large number Of marine engineers from the Atlantic
seaboard Officers unwilling to strike-break-
es in their home ports, have agreed to sail out OF
Pacific ports it is said
During the FIRST four months of 1921 there was an
average Of about I8s foreign saings of the port
Of New York. While the movement has not reached
this level both the private shpowners and the ship
ping board that they experiencing virtually
no trouble in getting an adequate quota Of officers and
men to man the ships. The lack of cargo offering is
delaying freighters more than the inability to get
crews. they assert
Winter Wheat in Danger.
Unless there is a quick change for the better IN
the weather in Kansas, Nebraska and Oklahoma. the
estimate Of 63ooooooo bushels of winter wheat must
be materially reduced Reports from that section indi
cate rapid deterioration of the CROP due in of
the territory to dry weather.
The Kansas board Of agriculture has issued
port on that state. claiming loss of "a points in
month. and yield of IIs3ooOoo bushels which COM
pares with the department of agricuures estimate
Of May /. Of I3SsSSooo One of the leading experts
now in the field estimates the yield low
Moderate Corn Crop.
The carry-over from last years corn crop appears
to be the largest on record. In consequence late
reports from the principal states indicate a
smaller acreage than in 1870. The crop may equal
the normal but it will undoubtedly be smaller than
for the years
~ 4 :.
but farmers not finding much consolation in the
prospect. They contend it avais them nothing to
lessen their acreage Of increase the price and
then have much hay that the market will be flooded
with the product, Corn growers also expecting
greater competition than usual from the south where
cotton planters have decided to diversity, producing
more grain and grass and less cotton. u.
Freight Traffic Swings Upward