Newspaper Page Text
WM ust Increase Production, U. S. Probers Warn
MPROVE METHODS U
DSTABUTON, PEFFECT
BULLETISISTEM UAGE
na clothing has suffered beavy cur
milment for many months since the
Blgning of the armistice. Boot and
Bhoe production for civilian use has
tewise undergone extreme curtail
ent since the signing of the armi
tice. Housing facilities, due to cur
@allment, for many months following
1h armistice, of the production of
Juilding material and of building con
truction, is still far below normal
Reénts continue to rise.
| "8, The first half of 1919 shows di
pinished production of raw materials
subnormal construction of new
cap tal and thus indicates failure to
ut jze an adequate proportion of our
nductive forces in the preliminary
processes %of provision to meet fu
iture requirements, In fact, due to
;’g uncertainty and hesitation
agd tendencies to disagreement be
t Ween productive groups, there ensoed
"atler the armistice a disuse of a large
proportien of America’s productive
feapacity. Unless this slump in pro
| duction is atoned for by consistent
A ifure activity, and unless produc-
Qon is constantly maintained on an
dequate seale, reduced standards of
| Wying will become inescapable, re
dless of prices,
{§i"The very fact that prices of fin-
Jmhed, commodities, consnmption
Boods, so-called, have risem to an ex
tan( out of proportion to the rise in
‘i. J es of raw materials and perhaps
blit of proportion to the rise in gen
‘eral wages, indicates that produe
tion carried on under these conditions
18, in general, yielding profits abnor
‘mally high.” |
MISTAKEN IDEAS. |
fi?‘%fln council's report points out thnt‘
on important factor in the high cost
of living lles in the mistaken jdea
that an increase in income, even
thoup accompanied by a real reduc.
tion in the amount of the necessities
of life produced, should raise the m-\
dlvidual standard of living. The re
: jort very carefully points out the fal
llcy of the belief of the individual
,fi" t 4 raige 1n wages or imeome un
e present conditions should alone
ific e that individual's standard of
Nyine. The public does not readily
Ygalize an increase in their own in
g@me is a case of profiteering, but it
#hould be clear that increased pur
ghasing power, derived from reduced
#drvice, is the very essence of prof
‘tkering. 1t is possible on no other
Nasis than the deprivation ‘of others,
‘While a general improvement of real
iicome is possible on no other bas.s
"tha jncreased production or im-
Proved distribution. |
~.iThe report emphasizes the fact that
the deficiency of commodities, as
‘gompared with the volume of cir-‘
ou u%;red" and also as compared
5&.« h g requirements, has sur-)
‘vived the duration of the war, nnd‘
the only safe and practicable method
of effecting a readjustment now h]
by the practice of genuine economy,
by increased production of the things
‘goclety needs, and by cartailment in
‘the consumption of those luxuries
Which larger money incomes have
falsely led us to believe that we oould
afford.
141 t does seem not safe or practi
gable to initiate readjustment of
‘ffices by a premature reduction of
dredit for essential purposes, inas
‘Siuch as the first effect of contrac-
Ron of such credit would be reduced
production—the intensification of the
‘fandamental cause from which the
dbuniry now suffers’ says the re
pbrt. “On ihe other hand, it is quite
_possible by increased produetion to
‘Sheate such a vome of commodities
4hd wealth that the balance between
_physical goods and circulating me
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TH!S advertisement appears today also in the Atlan‘a Constitution,
Atlanta Journal, Macon Telegraph, Savannah Morning News, Au
gusta Herald, Albany Herald, Florida Times-Union, Montgomery Ad
vertiser, Birmingham News, Birmingham Age-Herald, Mobile Register,
DAVID ROT}C-ISLfiSSIIED & COMPANY
>dmm will be normal,
“While the close of the war found
America tending to run short of
clothing and houging, and behind in
its program of highways and trans
portation facilities, it is a remarkable
truth that we passed through the war
period with a general tendency toward
considerable increase in our produc
tion of foods,
“The wheat crop of 1918 amounted
to 917,000,000 bushels, as compared to
an average for 1910-14 of 728,000,000
bushels; and the probable harvest in
1919 is 1,286,000,000 bushels. Our
supply of wheat in elevators and mills
on May 9, 1919, was 96,000,000 bush -
els, as against 34,000,000 bushels the
vear before. Notwithstanding large
exports, our wheat and flour supply
is obviougly adequate, while the situ
ation with respect to the other cereals
is generally very good.
“Though the sugar stocks are
somewhat low in the United States,
the future is normally provided for.
MEAT SUPPLY LARGE. ‘
“America emerged from the war
producing meat at a rate far above
pre-war figures, and yet possesses in|
reserve a larger number of animals
on the farms than we had before the
heavy war drafts upon our supplies
began. |
“The report of goods in eoM stor
age shows an increase in the quam-w
tity held on July 1, 1819, as against
the same date & year ago. Taken in|
connection with the evidence of rela-‘
tively abundant reserves of live ani
mals and large creps for the current
year, it would seem that some relief
from high prices of food should 'be
possible,
“Present food prices are not to be
accounted for largely on the basis of
heavy exports. Exports of pork and
beef, canned, fresh and pickled, for
example, have been less for 1919 than |
in the previous year, the total
amounting to 1,090,000,000 pounds In
1919 as against 1,122,000,000 pounds
for the corresponding period of 1918 —
less than the amount of all meats in
cold storage on July 1, 1919, which
was 1,336,000,000 pounds.
FOOD PLENTIFUL.
“1t i true that food is, by compar
ison, plentiful. But it is also true
that money or other circulating me
dium is unprecedentedly plentiful.
“These conditions are highly favor
able to both speculative profiteering
and wasteful distribution, through the
intervention of supernumerary mid
dlemen and caterers. It should, how
ever, be remembered that even though
it may smack of profiteering to pro
duce a very large crop and sell it
at abnormally high prices, this is a
kind of profiteering which deserves
unstinted praise as compared with
that other species of profiteering
which deliberately reduces output in
the expectation that the extortionate
prices which the reduced product will
command may more than make up
t 0 the producer or speculator for the
portion of production withheld, or the
percentage of hoarded goods con
demned to spoil and be lost to the
nation, |
“Consider wool, for example, The
most obvious explanation of the high
prices of woolens is the glaring fact
of the extreme reduction in output
which ensued after the signing of
the armistice and the completion of
army orders, which practically ended
in January, 1919,
“I'he war came to an end with the
supply of civilian woolens unprece
dentedly low. The total quantity of
wool avaitable for e'vilian fabries be
tween April and November, 1918, way
probably somewhere in the neighbor
hood of 75,000,000 pounds-—an amount
HEARST'S SUNDAY AMERICAN — A Newspaper for People Who Think — SUNDAY. AUGUST 31, 1919
‘perhaps a little more than sufficient
to meet the demands of normal man
ufact:re for civilian consumption for
one and one-half months. Yet, not
withstanding the fact of the general
shortage ,of goods, the total con
sumption of wool in manufacture
during the first five months of the
present year amounted to but little
more than dne-half the amount con
sumed during the corresponding
months of the previous year, In the
meantime an extraordinary number
of textile workers were condemned
to idleness, thelr productive capacity
perishing day by day and week by
week, while the deficiency in the
supply of clothing was developing to
guch a point that it became possible
for the wholesale index numbef of the
prices of cloths and clothing 16 rise
to 260 in June. Industries may take
on periods of activity after months
of stagnation, but the public ean not
be agsured of adequate commoditics
at fair prices on such a basis of op
eration, nor can labor on such a basis
be expected to be contented.
“In regpect of wheat, we have noted
a wide foresight and a provident at
titude on the part of the producer.
As regards cotton, the opposite ap
pears to be the case,
“When the war ended the world's
cotton supply was below normal. The
supplies of cotton goods were algo
low. The acreage planted to cotton
was this year approximately 9 per
cent less than for 1918. The present
prospects are that the cotton crop
will be small, and published articles
are appearing expressing gratifica
tion over the prospectively large com
mercial returns which the cotton pro-
Aueers may be able to command be
cause of the high prices which may
be had for the reduced cotton output.
“In the cotton industry, as in most
of our industries, the economie
watchword of wartimes, which was,
‘Output, and more output’ (the neec
egsary condition of full prosperity in
peace), was not heard after the ar
mistice. There soon developed, on
the contrary, hints of unhealthy fears
of ‘overproduction.’
“Notwithstanding the release of
labor, if it were needed, by:demobil
ization, and notwithstanding adequate
supplies of raw cotton to meet the
season's requirements, and the lack
of any important difficulties in the
way of reconversion to peacetime
produects, and with low supplies of
finished goods in stock, the cotton
indugtry kept more spindles idle
during the first five months of 1919
than were idle during the correspond
ing period for 1918.
“The production of boots and shoes
for the first quarter of 1919 was re
ported as about 60 per cent below the
production for the last quarter of
> "IA LABOR
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EA‘ IPN LC
THE SOUTH'S LARGEST KODAK SUPPLY HOUSE
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like form if you have a kedak. You can snap anything and everybody,
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We have 50 styles for you idl cheose from—ranging in price from $2 te $232,
8 Hour Everything
‘ i ertaining te
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SOUTHERN PHOTO MATERIAL CO.
Kodak Headquarters 72 North Broad St.
B
IBT RS 5.9 SDA B wm e _—, o ©o m— N
HAS some manufacturer disappointed you, not made shipments as promised? As a result have
you the season’s newest in Ready-to-Wear to show the young ladies of your town? Or the Matron
who wants a dash of novelty while the styles are new?
We can relieve all your disappointments and help you get the biggest end of the LADIES’ READY-TO
WEAR BUSINESS IN YOUR TOWN. Here is the way.
We have on our racks over -$300,000.00 worth of
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the season’s latest novelties for immediate delivery
CLOAKS—Ladies’ and Misses® (loaks and Dolmans, embracing every style and new material in all this season’s best colors.
COAT SUITS—AII leading models in Ladies® Tailored Coat Suits in a variety of newest Woolen and Worsted Cloth,
DRESSES—Our line of Dresses, consisting of Tricotines, Tricolettes, Serges, Stins, Messalines adn Taffetas, will appeal to the hardest to please.
WAISTS—Our assortment of the newest Georgette and Crepe d e Chine Shirt Waists will brighten up any stook.
SKIRTS—A mammoth selection of separate Skirts of every conceivable material and style. Will tempt the most critical buyer. '
| Our prices are lowest consistent with qualities, LI VE MERCHANT, get in touch with us. Your ac
count solicited. Mail us y our orders, come to see us at our expense, or write us for appointments with
one of our fifteen road salesmen.
-1918. Plants were practically closed
and in some cases it is reported that
machinery was returned to the Shoe
| Machinery Company. In all, there
were 75,000,000 less pairs of shoes
produced in the first quarter of 1919
than in the last quarter of 1918. 1
“It has bgen estimated that the
United States was short 1,000,000
homes at the end of the war. A cam
i paign to stimulaté and encourage in
creased building was begun soon
]"ufier the end 'of the war and carried
' on during the first half of the present
! year, and lh:i national need of in
l(‘reaaed building became thoroughly
advertised. In the meantime, how
{ ever, those industries whose activity
|is a prerequisite to bullding, such, for
example, as brickmaking, lime, ce
ment and lumber production, re
mained relatively stagnant or tied up
with price and labor disputes until
late in the spring. The period of high
and increasing rents and of high and
ascending prices of houwses appears,
therefore, to be fairly certain of con
tinuing for some time to come.
“The example of coal production
furnishes another insgtance of the fact
that America was able with deplelef}
man power and in the face of othe I
handicaps during the war to set her
self an example of increasing output
such as she has not demonstrated the
ability or disposition to parallel in
the returning times of peace. The
total amount of coal produced up to
July 5, 1919, was 261,000,000 tons, as
compared with 364,000,000 long tons
for the corresponding period of 1918.
STEEL SLOWS UP.
“The record of our after-war steel
and iron output furnishes us with
another warning that we have been
neglecting to keep pace with the es
tablished American rate of industrial
improvement and expansion and fore
sighted preparation for future re
quirements and progress.
“’?e iron and steel business was
considerably stimulated by wartime
reaquirements. -There was a govern
mental agency whose business it was
to foresee the war needs, and to place
orders s 0 that those productive forces
which are wrapped up in the steel
industry might be utilized to capac
ity. For want of some industrial ad
ministrative insight which might
utilize our maximum productive pow
ers the stzel industry’s activity has
since the armistice greatly declined.
“When one contemplates the bil
lions which have thus been lost
through lack of co-ordination of our
productive powers, one is moved to
appreciate the urgent need of some
loeal agency through whieh might be
promptly and regularly secured and
disseminated a knowledge of all of
the important facts of our economic
life and progress—requirements, rates
of production, stocks on hand and
prices—in manner similar, for exam
ple, to the official collection and ap
nouncement of information which Is
now being effected with regard to the
slaughter of animals, the tanning of
hides and skins, and the amounts 1n |
stock and in transit. It is beyod
question that lack of rea] informa-!
tion gives rise to the major portionl
of the unnumbered industrial uncer-{
tainties, hesitations, misunderstand
ings and conflicts which constitute!
the chief interference with the reali- |
zation of the highest potential eco
nomic welfare of th American peo
ple. ;
.
Pastor Calls Part of His
‘ : »
Flock ‘The Dirty Dozen
(By International News Service.) |
KENTON, Ohio, Aug. 30.—Because in
a sermon to hig congregation in which
he *ealled their attention to the fact that
he was not getting the proper support
from the members of the church, he s
alleged to have alluded to eecrtaim mem
bers as the *“dirty dozen,” the Rev. lLeon
H. Couch has been asked by a ‘‘special
committee’”’ to make “‘a public acknowl-
o R - This Sale N
Fai W Begins Tomorrow and
AT R - 7
P Ends Wednesday Night
i e e
b 4 Positively. Remember That , |
4 Here's a chance to buy high-grade gar- $
ments, shown for the first tinfe since the ‘
P 3 s . . !
/ oy were made, and guaranteed to be worth in ° B
B s}@6 our own store $2, and $2.29 to $2.49 in other
Gey stores, offered now for Monday, Tuesday :
ML P . and Wednesday only, at .................
BS\ " 2
gl Ae T A Wait Until You See Them—and Note A
el i .. Their Fi liti d Patt !
A \‘t i 1] 75%, Their Fine Qua ities and Patterns '
5 fi‘},, ~'.'- 3 \ \E then you'll Know why The Globe is always busy—and oA
Bfz l,:‘f R 3 ‘ why our business is inereasing by leaps and bounds. Val -
- ""*' e '-.‘ %\& ues like these are certain to be appreciated, and those who .
B ¥ T e os o N DR . . > ot
T 3 lfi-., RN Bl 2\ have not yet been converted from the high-price stores S
i’]\ 2J ” .'\ ‘\ will eventually see the folly of paying 25 per cent to 45 cxg
‘:.:? 3"‘\"\ ~’ ] “‘—-—u. : ‘i,‘: per cent more than is really necessary for their clothing L &
i \“:\tt g I ¥ 1 f‘;fi?fitinll«! furnishings. Perfeet shirts, in eoat models, with soft -
\‘\‘;‘; R 45 “ \,.»’ cuffs; full eut, well made, and guaranteed garments, in a
\“\:‘S{;{g ,/ '}""“, f'f‘&'*i‘\tsv . big assortment of neat and tasteful pnm-rnsf sizes 14 to
See Sl 6, Fa e ¢ 17
o S el S S Mail orders filled when accompanied by money
B R u‘%‘?% order
PNS ' ’
*\“2\% PR The Globe pays Parcel Post charges. Z-V 4
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BTN T R RR Rl $§ . ok
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{ [69 WHITEHALL ST. ATLANTA.|
“The Atlanta Is the Best
GREGG SHORTHAND is taught exelusively by 799, of the cities and towns of the
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present-day conditions a present-day system is necessary — GREGG SHORTHAND IS
THAT SYSTEM. :
THE ATLANTA BUSINESS COLLEGE TEACHES GREGG SHORTHAND BE
CAUSE IT IS THE BEST SYSTEM. IT IS'THE SYSTEM OF THE NATION.
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If you will investigate, you will enroll in the ““ ATLANTA.”’ Day and Night Schools—
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B. DIXON HALL, President, 34 Luckie Street, Atlanta, Ga.
The ‘‘Atlanta’’ occupies the entire 2d and 3d floors of the building at the corner of
Luckie and Fairlie streets.