The Washington times., 1921-02-05
Today
Mainly About Money.
One Good Stock.
Tobacco Prohibition.
The "F. T.F. c." Buy Some.
n AuruUrD uptsR
Copyright. issi.J


the stock ticker with their nice,
soft wool. and trot away with wool
all gone, open pretty little amazed
eyes when they read, Eastman
Kodak stock up lao points"
The lambs had been saying,
Everything Is going to smash"
But they were mistaken. Things
don't go to smash that have real
business men and real merit In
them. The thing that smashes
has no merit, or is managed for
the benefit Of private manipula-
tors, not for the benefit of stock
holders or the public.
High prohibition authorities in
Washington announce that the
amount of wines in a doctors
prescription is not limited. The
doctors are to use "sound and hon.
est judgment" in prescribing for
patients.
1t win be the "sound and honest
judgment" of some doctors that
the needs" Of first-class patient
are just equal to whatever he
thinks he ought to have. That ex-
plains why one million bottles Of
champagne were shipped from
France to the United States re-
Gently. Some good patient was
feverish.
1t also explains why certain
workmen, throwin~ coal into fur
naces or digging in bitches, and
unable to get a glass Of beer, are
filled with admiration for the
highly democratic government Of
this nation.
Not discouraged by prohibition
developments, the Senate of Utah
passes a bill that stops smoking in
public. You can't smoke pipes,
cigarettes, cigars, or anything
wherever the police can see you,
and you can't buy cigarettes or
smoke them, even in your own
house.
A human being is a queer little
animal, but he ought to realize
that II you forbid the use Of COM
paratively harmless tobacco, which
smokes and thus betrays its users,
you encourage the dear little
needles that make no smoke, as It
injects a drug into the blood, or
the narcotic pill, swallowed unos-
tentatiously.
Mr.. Booth, vice president OF the
Guaranty Trust Company, Of New
York city, Is In London talking to
financiers about German indem-
nifty and other world matters. all
affecting the United States. He
says "sound conditions cannot re-
turn until Russia is rehabilitated,
and that is q task for Germany. as
sisted by creditor nations" That
has been said here often.
Europe cannot prosper, no part
OF earth can prosper, while the
center and great territory at the
Of Europe are diseased.
In healthy body or a healthy
world ALL parts must be healthy.
It is the business of the strong
to cure those that are
temporarily diseased.
The best work done now is the
effort to establish the foreign
trade financing corporation" in
dorsed and backed by the most
able financiers and banking insti-
tutions of the United States.
Briefly, this undertaking would
supply one hundred millions of
capital and five millions of sur
plus. And that money, as Charles
H. Sabin briefly puts it, "would
furnish machinery for financing
the sale of American surplus prod
ucts abroad"
The "F. T. F. c." is, therefore, a
to employ American
workmen and American capital to
keep American factories and fields
busy by making possible the sale of
our products abroad. 1t is not an
easy undertaking, with rates of
exchange that make dealings with
the United States almost inlpossi-
BILE.
A fund of a hundred millions
would have a maximum credit
capacity of a thousand
millions, and that credit would
break the deadlock that now keeps
four or five million American
workmen idle, while Europe vainly
longs for our raw and manufac-
tured products.
Every business man in the United
States, every manufacturer, and
EVERY WORKING
MAN that can afford it ought to
do his share, if only to the ex-
tent of a hundred dollars, to make
the "F. T. F. c." an immediate
reality.
We depend on our customers
abroad. They cannot buy from us
with their money deprecated, their
credit smashed. Until they do buy,
we can employ only enough men
to supply ourselves. That means
a constantly increasing number
idle.
To establish this hundred mill
lion dollar fund with credit capac-
ity of a thousand millions will do
for Europe what TRANSMISSION of
blood does for an exhausted human
body. And those that supply the