New Ulm review., 1922-03-01
Thought, Christian Science and mental
pyrotechnics Of every description for the
last fftv wears! So there!

Thought, Christian Science and mental
pyrotechnics Of every description for the
last fifty years! So there!
And now, alas, a year ago our bal
loon started on it's downward course. It
must have entered the precincts of some
other constellation in the skies. Any way,
some hob goblin punctured the swelled-
up apparition with malice atorethought.
With hardly warning it collapsed and
descended ANONYMOUSLY until it reached
sure footing on solid earth. Had our
safety Federal Reserve Parachute not
opened up nicely the impact with solid
matter might have been so great that It
would have buried itself into the bowels
of the terrestrial sphere and gone clean
to hi!
Well, it's bad enough as it is! What
is the situation today? Some five mil
lion unemployed; industry paralyzed
double production capacity and equip
ment than what we can use;aft farmers
wailing for help; railroads clamoring for
government assistance and getting it right
off the bat. General dehation with bill
and middle-class investors, with big
business and the brood of financial specu-
lators licking up the honey and gathering
in the ripe nuts at overtime hours IN
the liquidation factory.
And the unemployed? Abjectly and
penitently waiting 1or something to turn
up. Gradually divested Of their savings
lost in the maelstrom of defa-
ton of stocks and securities and gold
brick get-rich- quick schemes.
Waiting 1or something to turn up?
What will it be? Not hard to guess?
We went through the same process in
1881 1894: Soup-houses, bread lines, deal
ing out OF worn-out clothing, etc. a2as.@ =
But why not start the factories and
shops and mines and boom business?
Yes, why not? Let us ask the peace
makers and the Ito the victors belong
the spoils' patriots here in the .. S.
and Europe. a. .>@ at @sEg
Or let US ask our war-profteers, or the
government itself. Why don't they start
and get the Wrecking crew lined up?
Because they do not know where to be-
gin! These SNUG and slick piterers are
afraid of one another, Now that their
business to profteer on a large scale has
been temporarily put to rout, all they
know is to hammer down wages and pounce
on organized labor. As if that would
do any good, if they themselves do not
lower prices Of goods and commodities
correspondingly. And this they do not
want to do. They are organized to keep
prices up as long as they can.
Our financial Croesuses and industrial
barons, however, good soothsayers that
they are,--ar optimistic and hopeful;
their daily news purveyors are assidu-
ously footing the trumpets of optimism.
The dear lady Prosperity is on the way;
presently she will reappear with a pleasing
and benign smile. Just practice thrift
and economy. Do not spend more than
you earn; and those Of you that are not
earning anything now (sorry to say that
this is the caseD go out and help the far
mers while, or 60 fishing, berry picking
or, better still, take a trip to Europe and
spend some of this excess gold we have
on hand now; or take a good rest, hiber-
nate, and prepare for the jobs that are
on the way. But whatever you do, keep
straight and obey the law!
90 In the meantime industry has started
on new efficiency and economy campaign.
It's sure indication that our business
interests are incapable Of a remedy. They
cannot see further than their noses. Their
procedure tends to make things worse.
Here are a sample or two of how they,
are going to-. solve the unemployment
problem:
Henry Ford claims that he is now
turning, out 4,300 tin Lizzies daily with
10000 men, while year ago he wasted
the labor power Of $4,000 1'hands" to
turn out 1000 cars. Comparatively 49,
600 men eliminated.
But that's nothing. Ford is a mere
piker compared to the rubber tire manu-
facturers of Akron. There they had 72,-
000 ,,oo,, 0,1t M n00 +iroc Io;11,