The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1924-02-19
'CONT|NUANCEOF
PROSPERITY
SEEN
Hearst Editor Sees No Imme-
diate Prospect of De-
crease in Rents.
BY WILLIAM PARKER,
Cosmopolitan News Service.

News Service.)
Los ANGELES, Feb. l9.-'The
thought Of the people Of the nation,
right now is whether the present
prosperity will continue" George
Wheeler Human, contributing editor
to the Hearst newspapers, told the
Cosmopolitan News Service today.
Our prosperity. will continue for
several years" said Mr.. 5inman.
our prosperity beyond that period
wiz depend upon our keeping out
OK war andd avoiding eventualities
which would take our interest and
endeavors from industry. II this
prosperity Is to continue we must
exercise keen political foresight as
Well as economic wisdom.
On every side we hear the wish
expressed that Europe would settle
Its affairs and get back to normally.
How few people realize what the
END Of Europe's internal problems
would mean to America?
Advises Manufacturers.
'"The answer to that uestion is a
WUrA of advice to the American
manufacturer. Today we are SELL
ing all over the world no small
amount of products from our fac
tories. When Europe does get on
Its feet the demand on American
factories win be lessened and Amer
lean manufacturers will face keen
competition. Then they will have
to cut down the volume Of pro-
duction or find new outlets for
their products.
while making an address before
q business Organization in Seattle
recently / said that it would be
fifteen years before the AEuropean
situation righted itself. spoke
from experience, having made a
first hand study Of the subject. But
seated alongside me was man
who had made what he considered
an even more exhaustive study. So
when predicted a settled Europe
in fifteen years he started pulling
at my coat and whispering twenty
five to thirty.five years!'
Case of Farmer.
I'VE have a forceful example Of
what the future may hold when we
see the situation in which the wheat
farmer finds himself today. Europe,
turning from war and internal strife
concentrated on foodstuffs. especial
" grain. The huge supplies Of
grain which were going abroad to
feed the hungry nations are no
longer needed there, for Europe is
raising its own grain now. The
American grain grower did not fore
see this contingency else he would
have grown less grain.
The farmer has learned his eco.
nomic lesson. He is bound to re.
cover eventually and hereafter he
Will SOW his field knowing just how
much grain the world will want
from him. The manufacturer would
DO wei to study the experience Of
the wheat farmer. 81
The great mass of the people of
America are better off, more COM
Portable and more prosperous than
ever before. The uppermost thoughts
then. in their minds is how to go
about safeguarding this prosperity.
Naturally they look to politics to
Keep the country on an even keel.
The people want to know who is
going to be the next President, they
want a man who will keep things
going as they are.
"A point which stands out in the
survey / have been making of va.
rious States is that there is a. de.
.cided drifting toward Mr.. Coolidge.
The people seem to feel that he is
safe and sound whereas some
other candidate might develop I'M
expected temperament after cleo.
ton.
Sees No Rent Relief.
'"There is no evidence that rents
are coming down. The entire coun-
try is way behind in it's building
program and it will be several
years before it can catch up. The
figures. show that we could find use
for additional buildings, homes and
office structures, which cost be.
tween $9.OOO,OQO,0OO and 100000
100000 to build. Building is going
ON at the rate of $1,000 ,OOO, 900 a
year and, barring unexpected crises,
should continue at a substantial
rate because Of the influx of popu-
lation and our growing American
families"