The New York herald., 1922-10-18

Continued from First Page.
we win find that about sooccoo 600 Il fol
clearing up war wrcckage. which vii
not rccur.
III we dlseect the balance Ne vii
find that 90 per cent Il for the purpos'
Of our debts and obligations 90 forinel
soldiers. This Is the burden of our pre-
vious wars and IL inescanabie.
I'VE will also find that - per cent o.
cur expenditures Ia for military protec
ton. and surely no one can accuse "a ol
miiltarlem. with an army less than IN
total number % our policemen, an,
with a navy held rigidiy g. the mari
OF our International aareem
such dissection would ase dlscios'
that Is per cent OF our expenditures 4
for the legislative. Judicial ard oth~l
functions OF our Government gcneraliy
7 per cent. is devoted 20 the develop
rnent OF our national resources. assist
ance 10 agriculture. promotion of FOR
.elgn trade. hetterment of our rivers
harbors. our roads. &C.
we are now getting down toward
the bone In this operation. We cAnno'
avoid our obligations 20 our veterans
and our debts and our army and navy
are getting near the bottom of de-
Mobilization. Some further economy
can come within ths area of the II pei
cent. for administrative funCEious.
- auHa
must have legislative reorganization II
the governmental machinery, 80 as q
eliminate overlap and waste. The Ad'
ministration has the Arm purpose oi
securing such reorganization. Alto
gether with the most drastic economics
we may conduct the Federal Coy erh-
ment upon somewhere from three "a
three and one-quarter billions. IN the
matter OF the finai per cent. however,
which we devote directly 20 the promo
ton OF nation welfare, II would seem
to me that II we were wise we would
double this item. BY stimulating the
growth OF national wealth we should In
crease the taxable area and reduce the
burden on each individual
Work OF IRRIGATION.
"As an instance OF this have. for
sideration OF the problem of the Colo
RADIO River. With the development OF
irrigation and power In this great basin
we should eventually add an agricultural
area to the United States as great a.
the State OF Maryland, and with tbs
span of q generation. we should be able
to add some billions TO our nationa
wealth.
"rhe Departments OF Commerce and
Labor anticipating the direction of the
biannual coal agreement at the follow
ing March, and in view OF the danger
ously unstable situation in the bitumin-
Gus industry, Joined In an effort durins
October, 1921, to determine IL some ar
rangement could not be arrived at ts
which In case of failure of agreement
between operators and miners, arbitra.
tion or some other device of settlement
could not be secured which would In
sure the country against strike witt
its great losses to commerce and labor
The representatives OF the operators nc.
cepted such proposals, but the workers
considered they would be sacrificina
their opportunities il they acceded
thereto.
"As II was evident from the situation
that strike was inevitable, this de-
partment warned the public of the ne
cessity to make provision In coal sup
plies against such an event, and under
took In cooperation with the public
utility associations u general campaign
to increase the stocks OF coal as security
of continued industry. In order that the
public should appreciate the situation.
the department also undertook a survey
Of the coal stocks at the end OF each
month for some months preceding the
trik ka nf o~ft tee
the country entered the striHe with by
far the largest stock or coal ever known.
and the fact that we were aple to main
tain all commerce and Industry through
out the longest strike in history was in
no small degree due to this effort.
Settling the strike.
The strike began on the first OF April
and at the middle of May a buying
panic within a few days raised the price
of spot coal to about $3.50 a ton. As
the price of spot bituminous had risen
to St2 per ton at the mine In 1920, when
production was at the rate of IL, 600. 900
tons a week, 1t was evident some action
must be taken II a worse situation were
not to arise with production limited TO
100000 tons week.
"In the absence OF any legislation or
any pdciS Avi tVHNiOlAAN.
profiteering a conference of the produc-
ing operators was called at this de-
partment and as a result of these con-
ferenccs IL was agreed that the price OF
coal should not be advanced beyond the
Garfield price. plus n reasonable allow
ance in each district for the differences
in wage scale and costs which had
ensued since the war. These prices
varied from s2.25 to $3.50 per spot run
OF mine coal at the mine. APPROX
mately S5 per cent. Of the producing dis
tricts voluntarily undertook this ar
rangement, and the price OF spot coal IN
these areas was restrained - Ar
average Of under SS.25, whereas In tht
districts which had refused TO enter the
agreement prices rose to as high as
500 per ton at the mines. An agree
ment with the majority of wholesalers
and retailers secured that there should
be no increases in coal stock.