The Washington times., 1922-06-27

AND
|RUSINESS|
By B. O. FORBES.


NEW YORK, June 27.--Most men
find It difficult enough to run one
business concern. Some others
tackle several establishments. Not
many are bold enough--are able
enough-to organize important en-
terprises in all sections OF the coun-
try.
i've just had talk with man
who has succeeded in doing this with
q success that has astounded both
this country and Europe. who has
done IL on a scale matched by only
one other man In the world. and
who In today branching out more
vigorously than ever before so that
before long he II destined to eclipse
the other giants record.
I'm talking about William Ran
loph Hearst, from whom I've OBJ
tanned some penetrating. illuminat-
ing, worthwhile comments on con-
ditions as he found them on his re-
cent trip to Europe. III 81
I've written lots about many Amer.
lean business and financial leaders.
but II Just occurs to me I've never
told anything about Hearst. The fact
is that until ] sought this Interview
with him I had never stopped TO
think of the magnitude of his enter
prises.
Exactly how many newspapers he
owns and controls ! don't know. but
l imagine the total approaches q
score-and from the way he is reach
ing out. II looks as II the half-hun
dred mark viii be reached before
very long. Then he also publishes
more large magazines than any other
man in America. In addition, his
motion picture enterprises alone
would be enough to absorb the whole
energy and brains Of the ordinary
business man.
Let me here say-zand now I'm
| talking about what r know-tha,
Hearst has a greater capacity for
hard work than almost any other
man in America. But what 10 OF
] more importance. he has a dumb
founding capacity and ability for ere
ative work. for initiative. the state
ment that follows will astonish
many I know from questions that
have often been asked me. Hearet
is the active, directional, creative
head. the real boss, the dominating
brain Of every publication he owns.
But to return to his summarization
Of his analysis Of European condi
tons.
England has gained from war
more than any other nation" he
said. Wages there have been
placed on a definitely higher level
| The standard of living OF her work.
people has been permanently raised
and that Is the greatest thing
any nation could accomplish, all
history has shown US. 1t always
seemed to me terribly unfair that
England's rich, idle, parasitical
land owners should have TO pay
iess taxation per acre on their vast
pheasant and partridge preserves
than the ordinary farmer was com
PEELED to pay. The splitting up Of
these enormous unproductive es
tates has transformed many rent
paying tenants into small farm
owners. thus helping the agricul
turai class, Just as the high wage
level has raised the status ant
stamina OF England's industrial
class. The increase in the people,
purchasing power and the readjust
ment Of taxation makes for funda
mental prosperity In Britain.
IT found in England considerabl,
irritation over Frances attitude
France seems TO want permanent
depression in central Europe
Nothing could be worse for Europ'
as a whole.
IT cannot refrain from expressing
the satisfaction I felt. as a fellow
American, over the admirable state
ment J. p. Morgan issued defining
the conditions which must be full
filled before an international German
loan could be undertaken. Tit
French, think, figured upon beini
blindly supported, in all their con
ltentions, by Mr.. Morgan. The stant
he took was statesmanlike, excellent
and should do something to brin,
France to her sober senses after he
spell Of militarism. Mr.. Morgan
also demonstrated that he has IVA
triotic regard for the interests OF hi