I'ACJFi TWO
THE GAZETTE-TIMES, HErrXER, OREGON, THURSDAY, JUNE 15. 1922.
ornuisnc view of
YIIYIUI.
World's Greatest Engineer and
Economic Expert Points to
New Prosperity
Return to Normal Conditions
Is Matter of Mutual Aid,
Is His Assertion
" By John Hays Hammond.
Editor's Note ohn Hays Ham
mond, often mentioned as the world's
greatest engineer, and one time men
tioned as the probable Secretary of
Commerce in President Harding's
cabinet, is in addition to being a
gre.it engineer a highly developed
economic expert and authorty on in
ternational problems. His conten
tions as outlined in the following ar
ticle give food for ttwught and the
more they are studied the more pos
sibilities are open for the average
man to absorb. -
The world just now seems to be
deep in the slough of despond and
nations in working out their own
economic salvation seem to be trying
to pull themselves out of the mire
by their bootstraps. If they would
adopt a policy of mutual helpfulness
and reciprocity and exert themselves
to extricate their neighbors, nations
could soon again reach terra firma
and thenceforth the road to that
seemingly elusive normalcy to which
we aspire would be safe to travel
with only the ordinary obstacles in
cident to the onward march of civ
ilization. This would be the spirit
of enlightened self-interest, which
until the coming of the millenium,
is the only dependable motive for
the co-operation of nations, or of
individuals, and the only enduring
basis for international or for indus
trial peace.
The spirit of enlightened self-interest
presupposes the recognition of
the principle of economic interde
pendence. One must emphasize the
qualification of intelligent self-interest,
for unintelligent self-interest is
largely responsible for lack of re
medial co-operation. There could
be more useful campaign of educa
tion than to impress upon every class
of every community its dependence
for well-being upon the general wel
fare. This is not a preachment of
an ideal, nor merely the enunciation
of an ethical principle, but is the
aim to develop the power conception
of that great underlying principle
which inevitably must be the guide
in human relations. This concep
tion does not in any way imply the
subordination of high ethical stand
ards to expediency.
Mutual Benefits.
In order to attain co-operative en
deavor essential to national industrial
efficiency, we must recognize the in
terdependence of the industries of
the country and the mutuality of
interests. We must realize for ex
ample the dependence of agricul
ture on the prosperity of the manu
facturing industry, for in the manu
facturing centers it finds its best
market, and that conversely all in
dustries are benefitted by the pros
perity of the fanners, since more
than fifty per cent of the country's
purchasing power is derived from
the products of the farms.
We must realize that the tariff is
an economic and not a political prob
lem and that it should be treated
accordingly in tariff legislation, and
that the keynote of our economic
and fiscal legislation must ever be
to preserve unimpaired the integrity
of our domestic industries and the
purchasing power of our incompara
ble home market a market which
absorbs more than ninety per cent
of the products of American labor,
in value twice that of the total trade
of the entire world.
We must realize that in the build
ing up of an American Merchant
Marine, which is indispensable to the
adequate development of our foreign
trade, there must be no provincial
ism; that for example, our great mid
dle west, which contributes almost
one half of the total exports of the
United States, is as much a benefic
iary of an American Merchant Mar
ine as are our seaboard states.
As to Immigration.
It is important that a definitive
policy be established, and that the
admission of immigrants be chiefly
determined by the labor required to
supply the needs of our domestic
market, plus the relatively small per
centage of prolucts destined for ex
port. It is better in the long run to
suffer from a temporary lack of la
bor than to face the danger of a con
gested labor market and consequent
unemployment with resulting social
distress.
There has been great improve
ment in the labor situation, not only
in this country but abroad, within
recent months. Productivity has in
creased very considerably, although
by nc means has it reached the de
gree of efficiency essential to in
dustrial prosperity upon which the
welfare of labor itself is dependent.
The temper of the American people
today is to pay labor so large a part
of the profits of industry as can be
done consistently with the healthy j
development of the industries them-;
selves. In this American display both!
sense of justice and appreciation of j
the need to maintain a high standard
of living among wage earners in ori
Jer to insure that high standard of
citizenship which is essential to the
securiy and prosperity of a demo
cratic form of government. But la
bor must realize that even so rich a
nation as ours would inevitably soon
become bankrupt if the cost of pro
duction exceeds the value of the
product. Especially if we are to suc
cessfully compete in our overseas
trade, which affords employment for
a large part of our labor, we must
develop the highest possible efficien
cy of the wage earner, representing
as labor does so large a share in the
:ost of the production.
The Inevitable Right.
All intelligent citizens now agree
that what our government could and
should do, apart from its action in
regard to national defense and kin
dred matters, may be expressed in
a single phrase; it can see that the
gates of opportunity are kept open
for its citizens along the whole
length of every road that crosses our
political and industrial life. In other
words, it can assure to all men and
women a chance to work and win ac
cording to their talent and diligence
and moral fibre, and can guard the
paths to success from obstruction of
trickery, fraud, oppression, or mon
opoly. But the function of government is
not to guarantee equality of reward
for inequality of service. No in
alienable right is guaranteed a cit
izen to unearned increment in the
fruits of industry.
"As ye sow, so shall ye reap."
All a government can do in this
respect, even a paternal government
is to give equality of opportunity.
It is of vital importance to the
United States that the Genoa Con
ference, or some future economic
conference of world powers, take
such action as will re-establish the
confidence of investors in foreign
securities. Repudiation on the part
of any of the great powers of their
financial obligations to other nations,
especially obligations contracted be
fore the war, would greatly militate
against the interests of the United
States, in that it would deter Amer
icans from the investment of capital
in the industrial reconstrucion of
Europe and in the development of
the resources of the backward na
tions as well, upon which America
in common with other commercial
nations depends for future markets.
"Turn to the Right" Is America's Greatest Comedy
Clean, Sparkling Play of Winchell Smith and John E. H.ixard Giren at Chautauqua by Keighley Player, of New
York City Play I Declared to Bo a Powerful sermon
The good rains over the most of
Morow county's wheat belt the past
week failed to reach out to the Cecil
section and crops there are begin-1
ning o need moisture quite badly.
A drive down the highway to that
point on Sunday afternoon revealed
the fact that the hay farmers are a
busy bunch right now and getting
their first cutting of alfalfa into the
stacks. As a matter of fact these
people are not caring to have rain
come for a few days, when they will
be done with the cutting and stack
ing of the first crop.
STRAYED One bay horse, white
strip on face, nose and hind leg;
brand BO on shoulder, XN on front
'eet. Liberal reward. Notify Geo.
L. Wurster, R. F. D., Echo, Oregon.
y lff Mr m
I 1 1 miWmA ft f W; ' -m
"Turn to the Right," declared by competent New York theatrical critics to be America' greatest comedy, will be one of the feature a tractions at Chau
tauqua. It is to be presented here under the direction of Win. Keighley. well-known New York actor-producer, with a company of well-known Broadway
players. The story was written by Winchell Smith and John E. Hazzard, and la "sweet as honey," clean, wholesome, with a sparkling humor that Is Irreslst
ible. It Is the story of an erring boy's regeneration through the Christian Influence of his old-fushioned mother. An honest-hearted, exuberant youth leaves
his country home to seek the city's riches. He returns stamped with a prison record. The sweet environment of a typical American home the Influence of
kind, old-fashioned mother, unite In swinging the boy back along the right path, with two of his prison "cronies" who had looked him tip to pull another
"Job " It's a wonderful story-a sermon, If you please-and It will be presented with the usual fine settings and costuming that characterize the plays pro
duced by the Keighley Broadway Players. "It's a peach of a play," said the New York World, following its premier appearance there a few years ago.
SPEOAIL SALE
U. S. GOVERNMENT MERCHANDISE
ALSO THOUSANDS OF DOLLARS OF COMMERCIAL MERCHANDISE CONSISTING OF LADIES' AND MEN'S HIKING AND CAMPING CLOTHING, SHOES, SHIRTS,
UNDERWEAR, MIDDIES AND THOUSANDS OF OTHER ARTICLES. WHEN IN PORTLAND DON'T FAIL TO VISIT OUR STORE
AND INSPECT OUR LARGE STOCK OF MONEY SAVING BARGAINS
LOOK - Everything Spells Economy - READ
- .
A Legitimate Sale and Honest Values for Reliable Goods. -:
BUY NOW AND SAVE
Men's Breeches
U. S. Army Khaki Breeches ,$1.65
Army Khaki Breeches, double seat $2.25
English "Whipcord Breeches, double seat $3.95
English Moleskin Breeches, double seat $3.50
English Garbardine Breeches,' double seat $3.95
All Weather Crompton Corduroy Breeches, dou
ble seat; guaranteed rip-proof $4.95
Men's Norfolk Suits
These suits are the highest grade of workmanship
obtainable and are fine fitting.
Men's Norfolk, all wool officers serge suits, long
trousers in khaki or forest green, special .$23.50
Men's Suits, Norfolk style in English Garbardine
lace breeches. A wonderful suit. Special $9.75
Men's Norfolk Khaki Suits, with lace breeches. Spec
ial - - $5.75
Ladies' Breeches
Ladies' Khaki Breeches, lace bottom $2.95
Ladies' Khaki Breeches, button bottom $3.25
Ladies' English Garbardine Breeches, button bot
tom $4.45
Ladies Khaki Norfolk Coats $3.50
Khaki Middies $2.50, $2.95, $3.50
Navy Blue Wool Middies $3.95, $4.95, $5.95
Navy White Middies, blue wool detachable collar $2.95
U. S. ARMY
Kliaki Wool Blankets, reclaimed. Full size,
good weight. No holes or tears.
U. S. ARMY
Wool Wrap Spiral Leggings, reclaimed. Price
-pair 35c
BLUE WORK SHIRTS
Full cut, fast color, well made. Regular $1.00
value. Price ,
.50c
WOOL BREECHES
U. S. Army Wool Breeches, reclaimed, free
from holeB or rips, government renovated.
Regular $5.00 value. Price $2.95
U. S. ARMY
Cotton Undershirts, Shirts or Drawers. Price
garment 45c
UNION SUITS
Athletic Union Suits, closed crotch.
$1.25 value. Price
Regular
69c
SHOES SHOES
Munson Army Last Shoes, double soles All-Leather Shoe, for work, double soles, all leath-
prce $2.95 er heels, Insoles and counters. Price $4.75
Army Defiance Shoe, for work or dress. Good- Army Last Work shoe- double soles. Price $3.45
year welt. $3.95 Mahogany Tan Dress Shoes, Goodyear welt,
Price $5 95
Officers' Dress shoes, Goodyear welt, high grade.
Mahogany, tan. Price - $4.95 12-inch High Cut Shoes, all leather. Price $0.95
SOX
Cotton Sox in back, cordovan or gray, Fast
color. Price pair 12Wc
KHAKI BREECHES
Genuine U. S. Army Khaki Breeches. Will
wear like Iron. Price pair $1.05
COTS
1
Genuine U. S. Army Officers' Steel Cots, black
enameled. Price $2.45
PUTTEES
All-Leather Puttees in wrap or spring front.
Price $3.95, $4.25, $0.45
U. S. Army Knives 10c
U. 8. Army Forks 5c
U. 8. Army Tin Plates - 7 He
Fine for camping and picnics
AUTO TENTS .
7x7 8-oz. White Auto Tent, with
wall $7.95
7x9 8-oz. White Auto Tent, with
wall . ...$8.95
7x7 8-oz. Genuine Khaki Auto
Tent, with wall $9.50
7x9 8-oz. Genuine Khaki Auto
Headquarters for
WILLAMETTE AUTO
AND WALL
TENTS
7x7 8-oz. Wall Tent, 3-foot
wall. A wonderful tent.
Price $5.95
ARMY TENTS
U. S. Army 9x9 14-oz. Army Khaki
Duck Pyramidal Tents. Cost U. S.
government $65.00. Slightly used,
in lino condition. Special .$15.00
U. S. Army, 16 ft. in Diameter, 14
oz. Army khaki duck Tents. Cost
U. S. Govt. $105. Slightly used.
In One condition. Special $27.50
Free from mold, holes, sunburns.
Tent, with wall $10.95
We Sell Any Kind or Weight Tent or Tarpaulin You Wish. Call or Write for Prices.
U. S. ARMY PUP TENTS
Shelter Halves.
Made of heavy 10-oz. army khaki, 6 feet 9
inches long, besides flap extension. Tent
complete price $1.05
WOOL SHIRTS
Army Khaki Shirts, full cut. A wonderful
shirt. Price $2.95
U. S. ARMY
Heavy Khaki Shoulder Bags for hiking.
Price : 85c
U. S. ARMY
Ponchos, reclaimed, in line condition. Used
for rain capes or makes a wonderful bed cover
or robe. Price . 95o
U. S. NAVY
Silk Floss Mattresses, reclaimed, In line con
dition. Price ..$1.75
A complete line of All Leather Shoe Packs, Hiking and Camping Outfits for Ladies and Men, Tents, Tables, Cots, Hammocks, etc.
THOUSANDS OF OTHER BARGAINS TOO NUMEROUS TO MENTION
MAIL ORDERS FILLED-ALWAYS INCLUDE PARCEL POST WITH YOUR REMITTANCE
mm AN NAW STdDDSE
94-3(1 STREET. CORNER 3d AND STARK STREETS
WRITE FOR OUR FREE CATALOGUE :
This Is the Only Army and Navy Store in Portland Don't Get This Confused With Other Stores.
0. F. WILLIAMSON, Mgr.