The Republican. [volume] (Oakland, Md.) 1877-current, 1928-02-16

and find our foreign markets glutted
with cotton from India and other
sources, and he finds he has suffered
a financial loss, or may be broken
even-just worked for glory and the
good of others.
Well, the cotton problem symbolizes
a condition into which all our manu-
featuring industries have grown
namely, to production.
Foreigners learned that the big
money was to be made in manufac-
turing, so they have bought our pat
e'lted machines and are supplying
t.leir home markets which once were
/ Glrs. .sszs
9 Now reproduction might be call
e under-consumption with more ac-
clracy until everybody has had all his
r eeds supplied.
The only reason why surplus pro-
auction can not be sold and usefully
consumed is that the masses have not
the money with which to buy and
they constitute about SO per cent of
our home consumers. The two per
cent of our population furnish the
brains and capital for the rest of us
and draw eighty per cent of the ns-
tons earnings. But without gross
indulgence the 2 per cent rich rlan
can't consume, eat, drink and wear
more than the common nan would
like to have, and the common man,
who so greatly outnumber Ehe rich
man. is in reality the nations con-
sumer.
He is also a consumer, would-be
consumer, of the rich mans unstable
goods.
So a new light is dawning in the
minds of our leaders in the great in
dustries. Now whether the father of
[ this new idea is for the rich man, the
law of representation or whether
it is born out a sense of justice and
live for the well-being and betterment
of our fellow man, it is not for me to
say. The cause which is about to
make more equitable distribution of
earnings may include both reasons.
The big, broad-minded man of bus
mess has begun to initiate the policy
of our government. He sees at last
that his safety and the security of
society depends not on just giving
men enough work and enough pay to
live on, but that he must give them
more of his eighty per cent that they
may be contented and happy and en-
abled to enjoy more of life's good
things and be made into better citi-
zens, better husbands and fathers.
And thus will be cured this craze
for Bolshevism, Communism and the
other isms.
Another long-known evil in bust
ness is going to be guided by stats
tics and given advice. We have had
so much freedom that we have done as
we pleased. Men have started four
groceries, four drug stores and other
kinds of merchandising establishments
where the purchasing power of the
people could not support over two.
Take for instance the manufacture
ing shoe industry. The shoe trade of
the nation will be comprehended as
though it was operated by one manu-
facturer. The individual concern will
be provided with statistics showing
him how many millions pairs of shoes
were made last year, how many sold
and the millions unsold in excess of
public needs, even when sold at a
loss.
The executive head of the Bureau of
Statistics for the shoe trade will an
nually advise old firms to curtail their
production to meet public needs, which
may be 80 to so per cent. 1t will adj
wise new adventures into the bust
ness to keep out or suffer probable
bankruptcy if they go in.
In the textile trades their bureau
will issue to individual corporations
the same kind of data and counsel.
Thus the nation will be saved from
needless waste and many firms from
bankruptcy, because it is useless to
produce in excess of the peoples pow
er to purchase.
Now when (a) who makes hats gets
fifty per cent of the earnings instead
of his present twenty per cent, and
(b) who makes silk hose gets like
increase, each one can buy more OF
the products of the others labor.
When this principle is introduced
throughout the nations industries
under will soon eliminate
over-production and prosperity among
the SO per cent of our population will
reign as never before and the broth
erhood of man will have its begin
ming in manufacturing and merchan-
dising where righteousness can be
practiced.
Evolution in business, in society, is
the unseen engine, the yeast in the
dough which is made to lift and ligh-
ten the whole loaf of humanity. While
leaders IF mon we muSt have still it