Red Lodge daily news combined with Carbon County news., 1933-02-15
TO HELP

look report when 1t declared that improved demand To-
farm products waits on the recovery of industry, and es
pecially the heavy basic industries in the United States
In other words, until the millions of idle men in our coun
try are once more employed in the steel mills and other in
dustres, including the mines, the railroads, automobile
factories, and so on, there will be no recovery on The
farms.
When this fact comes to be more generally realized il
the United States we will have more action and less the
orizing, and then we will be ON the way to recovery. Mos
of our agricultural products are consumed in America
The way to increase consumption therefore is to start the
wheels going as soon as possible. When the average
American worker is employed he spends his money OF
substantial food, on beef, pork, butter, eggs, poultry ant
other agricultural products. So long as this American
worker is not employed at good wages we are not going
to have a return of prosperity.
All of the theorizing about foreign markets, and infla
ton, is not going to cure this condition. We are going tt
have to forget our foreign markets and pay more atten
ton to America and its possibilities.
Just now many of our industries are sadly crippled be-
cause other nations-Japan and Czecho- Slovakia are goo(
eXamples-due to deprecated currency are dumping their
manufactured products in the United States and causing
American labor to suffer. The internationalist's remedy
is to encourage more importations on the theory that this
will sell our farm products abroad. The fallacy of Thu
theory is self evident. The average Oriental coolie lives
on a cup of tea and a few handsful of rice a day. How i'm
portant is his food to the American farmer when com.
pared with what the American worker will consume il
steadily employed? The answer to this question is 81
plain that even an internationalist ought to be able &c
get it.
Just as wild is the theory of the inflationist who thinks
that because some of these foreign nations have debased
their currency and now pay their workers with tin mon.
ely, that Uncle Sam could help himself by doing the same
thing. The final result would spell ruin to all Americans
whether they live in the city or the country, whether they
work in the factory or on the farm.
The first thing to be done is to shut out this flood OF
foreign goods which has been made possible by the use
OF cheap money abroad and the further impoverishing CT
the working classes. When this is done we will be on
the road to recovery and can look TO the future with more
confidence. International bargaining and initiation viii
not do the work. What is needed is a little straight
American thinking.
Remember the old fashioned statesman who predicted
back in 1920 that gasoline would be selling for a dollar a
gallon inside of ten years? Of course it may, before long,
if they keep on boosting the tax.
In his debt note asking that any debt payment made
now be credited to a new agreement to be negotiated some
time in the future, John Bull tried to slip a fast one past
Uncle Sam, but it developed into just another foul ball.
Workmen in Detroit working on the docks have found
an unfinished tunnel to Canada which was started and
abandoned fifty years ago-a long time before the rum
runner would have had any use for it.
A Wall Street thief stole 100000 in bonds the other
day. Can't tell just how serious the loss is because we
don't know whether the 100000 represents face value or
market value.
Do you ever long for the good old days when the young
man who drove down Main Street in a rubber tired rig,
cracking his whip, was regarded as a devil?
A Frenchman who has a medium for a wife, claims that
her first husband comes back to haunt him. Maybe Num-
Der One is only trying to give him a little friendly advice.
A drouth next summer in Canada would help the Amel-
lean wheat farmer a lot more than Congress will ever be
able to help him.
Of course the Technocrats can promise anything and
everything. They don't have to deliver SO long as they
are in the minority.