The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1922-10-20
BUT BOOM WOULD BE DANGEROUS
AND CERTAINTO LEA We REACTION;
SAFE AND SANE PROGRESS DESIRED

iIootod ln mounting orders for oluip.
WyHt ana expenditures for mtIutr
nance viii blossom Into an era ut rail-
Iuui uDtrInpmeu period com.
parable tu fNp uHl,yuu days OF ih,
country IS growth, when tho rail-.
roads uI. rr.ug the way lnld tho
real h1a.H 900. our present uffluDuce.
Railroads ute more than busiucsa
'ut'tpIisus, they perform vital
publ" service that iu thls widespread
'uud uf nudI'l Iu'r,rHa forms tho
very bone and 4uow of tho Amer
lean business world Tho miles ~
shining rails that traverse thls con .
tluDui form tho delicate wu0t thht
holds the fiber uf commercial intact
Treat these common carriers with
uuHiursH understanding that thty
might servo our Errnf,Hi needs.
The Farmer Part.
Ia supplying th" elements NJ pros
p'rfg nature has been especially
Generous $50 one factor BE- 1s poru.
ucut 60 ugI general progress Hs b. thht
OF thu agricultural producer. over
tGUooO0".o0o in wealth is the year s
total crop value,
Here again pAtute mind of husi-
moss la needed 100 tho marketing ~
tho ,uuutry.s great agricultural out
pat that m" producers margin may
be- % safe one. THIS means the ollml-
nation NJ sharp practices in mar.
tutIng the uHuuu.s food supply We
ato ull q part az the process ut pro-
ductiun, 1ud what We produce dRri-
cuitutally or iudustraly sets tho
gauge on what wu can got. n tho
farm wealth suffers. the effect while
immediate with the farmer rs far
b ....
hu well off In his own mind is too
saugulnc, hc always accepts any
taHuro OF prosperity philospphi-
rllly But surely there is some
cause FOR his failure 20 share I'm the
present optimistic viewpoint. For
the main port, HIS position b. Won
dcrfully improved crops were gem.
oially good. production costa were
at the lowest. and he ls rcflunnclnE
himself this fnll on much cheaper
basis rricos ~ his products. com
parutivolv however. have not
shared fully in tho upward tendency.
u Ia Hs disastrous in the Industry "
farming for prices To- approximate
cost Of production as In any other
lluo Augmented buying mower uf
Europ" aud an already au!ckcncd To-.
cal demand can be- expected 10 hcip
The farmer. too, has learned the
advantage of pooling his selling In
terrstH, and orderly marketing
through cooperative methods has
beon a boon to him, Cooperative
marketing In tyne Of good business
sense, ns long as It's purposes ARE
confined tu the selling and not di-
vcrted to speculation or manipula
tion. Fostering better methods OF
cultivation and OF concentrated mar
Icting, and az cases permit increas-
ing through advertising the con
sumption OF the product. and reserv-
ing some OF the profits OF the fat fnr
the lean years. II the safe nnd most
resnltful procedure Tor these co
operative undertakings.
Importance OF Foreign Trade.
Tho international situation which
IL generally being viewed with u
| great deal OF distrust iust now, and
| which, with the possibility OF sec
ondary Initiation, II the only "fly' OF
any magniture IN the ointment" OF
coming prosperity. Is essentially q
| commercial matter, demanding, as
| have these other pertinent questions
the application of business judg-
ment.
FUN trade revival I'm this coun-
try is impracticable until some
measure ~ economic order and con,
seQuent return Of purchasing pow.
cr Is effected I'm Europe. II ls true
that our foreign business has never
totAled over 10 per cent Of our en-.
tire production, and yet its impor.
tance as an outlet for raw materials
especially Of tho mines and for agrl.
cultural products. more particularly
| wheat and cotton, makes It's effect
widespread because OF its ramlflca
tlons
In tho last so years. we have de,
velopCd into an industrial, natlor
with an overplus I'm production. Tn,