Evening star., 1925-09-05
THE VOICE OF BUSINESS
BY WILLIAM p. HELM. JR.

/ lily to the packers. Says John l.. Car
| son, treasurer of the Jacob Dold Pack
| ing Co, Buffalo, n. Y:
We can prosper only as the world
/ prospers. AS a result of the World
| War the nations of Europe have been
| in the hospital, but for a long time
| refused to apply the remedies pre-
Scribed by the American Government
! business and financial interests.
| Until they apply to the fullest ex-
| tent the remedies proposed in the
| Dawes plan, as well as in the settle
| ment of their national obligations,
| along with the virtue of hard work
and saving, they will not recover as
rapidly as they should.
I'VE have something more to do to
| assist Europe. We should be prepared
! so to modify our tariff laws as to per-
nit reasonable exports from our Eu-
ropean debtors and thus enable them
! to liquidate as quickly as their ma
| tional resources permit"
A touch of what Europe thinks of
us is referred to in the statement pre-
pared by Charles Clifton. chairman of
| the Pierce-Arrow Motor Car Co, Buff
/ falo. n. Y, who says:
| Personally l feel that the country
| is enjoying great prosperity. / feel
| that while certain interests seem to be
| depressed abnormally, most businesses,
/ especially those of distribution and
many production lines. are more than
average prosperous. We are so much
more prosperous than the rest of the
world that we are placed in the un-
enviable position of being envied, and
perhaps hated, by some of the other
countries"
/ President w b. Storey of the
Atchison, Topeka and Santa Fe Rail
way System believes that the prob
| lem is one of education. He says, in
answer to the question:
Education of the public to a reali-
zation of the principles that increase
in volume and decrease in the cost of
handling is the only way in which
prosperity can be increased. This
means that production should be en-
larged and costs per unit reduced.
This can be reduced by publicity
of the fact that elimination of waste,
| avoidance of duplication of facilities
and of restrictions on output, and in
creasing the productive capacity of
the individual, also the reduction of
tax burdens, are necessary require
ments to obtain the desired result.
"If the public is thus educated, we
will be better able to supply the
needs of our own people and will also
be in better shape to meet foreign
/
vantageously for foreign commerce.
Reduction of Farm Taxes.
Reduction of farm taxes is urged
as a means to enhance prosperity by
President Charles A. Bigelow of the
Kneeland- -Bigelow Co, large manu-
facturers of lumber. Bay City, Mich.
Mr.. Bigelow says: Agricultural and
live stock interests, when prosperous,
constitute about the largest single
| element of buying power in this coun-
try. Until they become more pros
porous than they are or have heen
for some few years, there will be no
further taking up of new lands or re-
cultivation of abandoned farms, and
they will not be the buying force they
should be- Taxation, especially State
and county, is a serious matter with
the farmer, and economy in admins
tration of State expenditures, followed
by a reduction in taxes, will be a
strong factor in restoring the agri-
cultural and live stock interests to
prosperity"
From S. Pemberton Hutchinson of
Philadelphia, president of the West
moreland Coal Co. and former presi-
dent of the National Coal Associa-
ton, comes a brief but thought pro
voking reply to the question. How