The Washington times., 1922-11-18
FINANCE.
AND
BUSINESS
~ n O. FORBES.

lhrH COWVhNtos
give your employees ~ .
presens . free insarance
policy"
This "group Insurance." as Il IL
called. has already been adopted by
of right-thinking em-
ployers. and I don't believe one Of
them would now give Il up, 10 cor
daily has Il been appreciated by
and particularly by their
wives-and he is a wise employer
who seeks to inspire the confidence
and the liking Of his workers
women folk.
The cost Is not great. The re-
suits. when the action is inspired by
the right motive. are great.
Another Christmas suggestion:
Wherever Il would be at all sp-
propriate. give baby bonds Tor
other bondsl or sound dividend
paying shares as Christmas gifts.
The quarterly or half.yearly
check received In the form Of In
terest or dividends will constitute
a very pleasant reminder OF the
thoushtfuiness and generosity Of
the giver.
And who can gauge what effect
such a gift might have In induc-
ing thousands of individuals to
start saving and investing syste-
Andrew Carnegie, af-
ter he became q multi.millionaire.
declared that no money, no check
ever received later In his life
brought with Il such . thrill. SO
deep pleasure. or conJured up such
glorious visions a. his first golden
tho first dividend check
he received on his initial stock in.
vestment, ten shares in an express
Why not try to give similar Joy
and satisfaction TO some OF your
friends?
Ono Of the most satisfying Christ
mas Days I ever spent was in as
sisting the New York American
Christmas Fund to distribute heart.
cheering baskets and toys to many
thousands Of poor people and poor
children.
can teetify from my own knowl-
edge that every dollar invested in
this fund Is most wisely used. There
is nothing haphazard about the way
thing are gone about. The WORTH
ness Of every applicant II investi-
gated. Businesslike measures are
taken to prevent schemers from TAX
ing advantage Of this largesse.
And the radiant happiness Of the
women and children when the de-
lightfully laden baskets Of food
stuffs are placed in their arms! And
the beaming JOY of the children as
they clutch their toys!
Let anyone who wants q real
thrill at Christmas send his or her
donation to the New York Ameri-
cans Christmas Fund and then visit
the principal distributing station on
Christmas morning. No normal per.
son can do this without wishing that
he or she had sent two or three times
as much in order to have enabled
the fund TO make happy q still larger
number OF unfortunates.
Since money talks" I'm today
sending 500 to the fund. Please
make your check payable to
Cashier. New York American
Christmas Fund"
And make II as generous as you
can.
I've never met any person nearing
the end OF his journey who re-
gretted having done good.
Judge Gary's attitude toward
labor may not commend itself to all,
but his attitude toward corporate
publicity should be accepted as an
example by every other corpora ton
in the country.
The judge told the Federal Trade
Commission this week that the
greatest remedy for all business
and industrial evils In "full, fair
and earnest publicity"
He added: You cannot establish
any arbitrary rule Of business and
maintain II unless II Ia fair."
In other words. do the decent
thing and let the whole world know
that you are doing the decent
thing. Do nothing you are afraid
to let the light of day heat in upon.
Had the Steel Corporation fol.
lowed a policy of secrecy II would
have been lesislated to death long
before now.
The net Of all this talk Of pack
ing house mergers In that q plai,
Is under consideration by Armour
Co. for absorbing Morris q Co.
At one time q vastly greater con.
solidation was vaguely In mind,
namely, a combination Of Armour
a Co., Wilson a Co.. Morris D Co.,
ana Cudahy a Co.
At present this mammoth deal is
sleeping. But It II entirely possible
that Il will wake up by and by.
Much will depend on the stand
taken by the Department OF Justice
the Department of Agriculture, the
Department of Commerce ana the
public at large.
Had the packers to take into their
calculations nothing but strictly busi
ness and financial considerations
this huge deal doubtless would gc
through.
The almighty dollar" may not be
almighty, but when II comes to
business and finance the dollar ID
fairly mighty today.
j. p. Morgan In regarded N the
most important financier now on
European soil, All international
eyes are on him. European gov
ernments feel that he and he alone
is powerful enough to undertake q
comprehensive international finan.
ciai pan for the rehabilitation Of
Germany's financial structure and
the evolving Of order out OF the