The producers news. [volume] (Plentywood, Mont.) 1918-1937, 1928-06-15
PROFITLESS PROSPERITY
By Scott Nearing. Federated Presc

Dy ocoCC Nearing Federated Press
Poor buffers! Wait till they wake up! They have
psen dreaming grand and glorious dream The
alarm is already sounding, however Thew must come.
back to earth-and such an earth!
They are the Rotarians Kiwanians Rabbits the null
atude OF small scale, uniformed misguided American
business men, who have been whooping it up during
these last few years. and denouncng or ynchng those
who did not whoop it up with them
Whoopng it up for what? For America of courseI
Tor the greatest richest most prosperous For Gods
own country.
Whoopng it up is an art that keeps the whooper
busysO busy that he is not always just sure what he
is whooping about Arte the tens of thousands of Ro
tarians all the country what they are whoop
ing about?
Here is in point. One of the best' industries
IN recent years has been rubber. 1t was new indus
try 1t expanded at prodigious rate 1t made few
rich and led many to hope that they too might make
their pile in the business.
NOW comes a wall from Lincoln c.. Andrews former
assistant secretary of the u S. treasury department
who is director general of the newly former Rubber
Institute
Ihere seems to be alternative to the continuance
OIL present unsatisfactory conditions to the protess
prosperity that seems to be your present lot Andre
says In the presence of modern mass production
competition between groups and even het,reer ind
Tres hano TO mouth buying, and modrn facilities for
transportation banking and communication the ola
'iie competitor standing alone and without adeouate
anu prompt information to his own trade data finds
Himself urNen 10 destructive competition and other
desperate measures in order keep his business o;
II must seek some form of relief"
What shall this relief be? Andrews answers:
10 promote IN the industry mutual confidence and
nigh standard of business ethics to eliminate trade
aOuSes TO promote sound economic business customs
ana pfacces to foster wholesome competitions to pro-
Voe ultimately for individual efficient business man.
.oJo,
business with an adequate return and thus generally
to protmote the service of the industry to the bi
welfare" ~ P''-
Evidently Andrews has been to Sunday school or to
the Rotary Club O - ~
Who are these worthy American citizens who nro.
pose promote the service of the industry to the nub
nc welfare representatives of ii rr,hhor ,ooeo
turing concerns? H. S. Firestone Of tb Eiro+o,,n ~;
q Rubber Co.. P. W. Litchfied, GOODYEAR Tire & Pub
Der Co.; C. B. Seger of the u S. Rubber CO. 7 n
lew OF the Goodrich Rubber Co.; A. F. Townsend .,
tne Manhattan Rubber Mfg Co.; F. G. Hood Of +he
MOOD Rubber Co. and many more LEADING 7,,bho,
manufacturers of the United States have inst foro5
lin t. 10 conceal its real character they have
cdAeo II Inc Rubber Institute Inc Further 70 hid az
Facts in the case they issue public Statements :; II:
ney assure the people that their object is service 49,
public welfare % SERVICE aho
1uTn page OF the same newspaper Business fail
uIes increase In May. During the month there vUer.
Las nsolvencies in the United States maxine toto
Io[ the flrst months of 1923 of 9483 failures
Failures for May, 1928 were 45% greater than fail
ne TOT April and so greater than failures for May
1927 But note that the liabilities of failed oroo
aC naoltes OF the concerns failing the first month
were dO9o less in May, 1928, than in MAY 1927 an,
OF 1870 Were 300 less than liabilities of the firms fail
ing the first months of 1927 In other words tbe IF
tie man is getting hit! w "
All nneS OF business are being rapidly concentrate
II 1ie hands OF big concerns with virtual monopoe
49, enormous prohts The unorganzed farmer, tn
man. that is the masses of the American peonle rors
pay the bill p0OPi0 mus
oouu anyone except Rotarian fail to see what !
gong on In the business world? The BIG bovs ~
,ealg up. The little boys are going to the wall
the rate of 100 month. '-0 wan