Milford chronicle., 1950-05-12

white churches work with the little red school houses
developing Utopia Of government. Surrounding the
Magic Circle" arc among the greatest markets Of
the earth. Within 500 miles Of it's circumference are
Bfy-fiyc million Of rich and intelligent customers
The worlds best transportation system, consisting
of 100000 miles Of highway $4,000 miles Of rail-
roads and unlimited alrnes spread from the Magic
Circle" 10 serve these markets.
SAD POPULATION TRENDS
Yet IN the period from 1890 to 1910 more than a
million and half people moved away from these
six great states! Only the birth rate saved them
from q net loss during that ten year period Its
greatest loss was among its young people-many of
them college men and wOmen,-the topsOil of energy
imagination, ability and enthusiasm The expIans-
ton Is that most Of the Magic Circle" income is
from agriculture and only very little from INDUSTRY
and buginesS-whereas, for the United States as a
whole. just the opposite is true. Here the richest
agricultural, mineral and human area Of the earth
IS losing population because Il lacks the industry 70
convert its raw materials into finished products.
The Magic Circle" gives away" its wheat to
Battle Greek at SIS a ton and then buys it back as
corn fakes or shredded wheat, at $500 q ton It
gives away" hay and wheat straw at SIS a ton and
then buys back paper and cellulose pulp products
at 500 q ton. II gives away" alfalfa al SIS 4
ton and buys it back from Detroit as vitamin pills
~ $1,000 ton. II gives away" cowhides at IS TO
SO a hide and buys back shoes and fancy leather
goods at 500 hide. It gives away" its petroleum
IT 81 barrel and buys back hayorng extracts. syn
tbetics and perfumes made. from this oil at 81 200
barrel; II gives away" its salt al So q ton and
buys back industrial chemicals and medical prepa-
ratOns, made with this same salt at 81 600 ton The
Magic Circle destroys billions cubic feet of gag
for carbon black at Sc pound and buys back shoe
polish al 81 . pound! The Magic Circle" ships
dollars worth Of volcanic ash to Chicago where
little soap is added and then il is shipped back TO
the Magic Circle" IN fancy e0l0red boxes as kitchen
eleansers Al 100 times the price. The same eompar-
isons likewise apply to what happens 10 al other
agricultural and mineral products.
PRESENT OPPORTUNITIES
The immediate opportunities which ] see here
are IN developing proeessed food products coke and
byprO6uets, paving and roofing materials furniture
paper, stone, clay and glass products: textile manu.
faeturers. wearing apparel. electrical equipment
farm implements. stationary gasoline engines chem
leals drugs, rubber goods. leather products. and
many additional goods. To manufacture existing raw
materials into these deficit products would require
1907 additional plants. producing an average out
p3t ~ s500,000 a year each. supporting 100000
more people aud providing investment for appror5-
tlatey s3@00000.000 ~ new capital 90 the form 81
increased bank deposits. insurance funds and safe
securities Bat ~ pei fig O1er 108o00 mere sales
DeB ~ ebaFseieF, intelligence and eBergv are nsee-
sa1y. These are The immediate need.
fJh1s trip has again convinced me tfat Horace
GfeeleySs famous advice &c West Young Man.
continues ~ BE- good. Readers desiring 10 ask snv
especial question should write Byron Dunn. Prss-I
cent " the National Bank u Commerce Ifnesln
Nebraska, who b. also President n the Maize Circle
E1aea2onal Foundation non-pr0at fnBfituti0n)