Search America's historic newspaper pages from 1789-1963 or use the U.S. Newspaper Directory to find information about American newspapers published between 1690-present. Chronicling America is sponsored jointly by the
National Endowment for the Humanities and the Library of Congress. external link Learn more
Image provided by: Central Michigan University, Clark Historical Library
Newspaper Page Text
The Ford International Weekly mm V IT! a ,0 if fU PENOEiNi THE DEARBORN PUBLISHING CO. Dearborn. Michigan HENRY FORD. President. C. J. FORD. Vice President. K. H FORD. Secretary-Treasurer. Twentv-first Year. Number I, October 30. IW& The price of subscription in the United SIMM and its possessions is One Dollar a year; in Canada Otu Dollar ami Fifty Cents: and in ether countries. Two Dollars SmfM WWi Five Cents. Entered as Second-Class Matter at the Post Office at Dear born, Michigan, under the Act of March I, 1879. CHANGE OF ADDRESS To receive your copy without interruption, please observe the following: 1. Notify us at least two weeks in advance. 2. Give both old and w:e address. 3. Write clearly. Recapitulation TWO years is a short time in the life of a man, a shorter period in the life of a nation and but a second in the history of the world, yet there are those who view the condition of the nations at the approach of the second anniversary of the armistice with alarm and who profess to feel that the world as a whole has done very little toward its own redemption. Russia, they say. is in the grasp of what appears to be nothing better than anarchy. Austria is prostrated. Poland is in arms. Ireland is in rebellion. France is dissatisfied with the spoils of the victor ; Germany is impoverished by the price of defeat and England and Italy are torn by labor disturbances. There is peace at home, but even here we are discovering that one cannot dance without paying the piper and we are facing the b'lls for our period of national and private extravagance. The indictment sounds serious enough but before agreeing with the pessimists who think that everything is wrong, would it not be well to consider just how long the world was desperately sick before we at tempted to pass judgment on the time necessary for its recovery? It is claimed that the World War was 40 years in the making. We know that it lasted four years. There fore, but one-twentieth of the time spent in making the war and only half the time spent in fighting it have so far been occupied by the period of spiritual and material rebuilding. It is true that Russia has been undergoing revolu tion for four years. Is that too long a period? The French Revolution lasted for 10 years and kept all Europe an armed camp. Admit that Austria is slow in recovering ! What else can be expected of an empire which was politically and geographically demolished and which must ac tually be born again? Poland in arms is but the reflection of Russia's condition. Ireland in rebellion is only indirectly a result of the war. Italy and England have difficult labor problems on their hands, but u is noticeable that the Bolshevik movement which was at the bottom of Italy's unrest is collapsing, and it cannot be said that the strikes and riots in England are much worse than several similar occurrences in the United States. France may be dissatisfied but she is being paid. Germany may be impoverished in material wealth, but not in industrial spirit. The period which we have entered in our own country may seem lean, but it has been balanced by the fattest years that this or any other country ever saw. We have known that the silk shirt era could not last forever, that eventually we must put on our overalls and go back to work, and to the credit of the people it can be said that thus far the change is being ac cepted philosophically. Does it mean nothing when one considers the fact that, with the exception of Russia, the nations which bore the brunt of the war are hard at work paying their debts? Does it mean nothing at home that we are experiencing a bountiful harvest, that prices arc coming down and that industry U rapidly adjusting itself to the changed conditions. One does not need to be a silly optimist to m these things. It is. in fact, impossible to deny them. So man, unless he suffers from mental myopia, can took back on the condition of the nations M they wal lowed through the quagmire of war two years ago without realizing that civilization's recovery has been I wonderful thing, or without feeling that this anniver sary of armistice day should be marked by a spirit of thanksgiving rather than by one of apprehension. The Alarm Clock Habit A YOUNG man who always depended upon an alarm clock to awaken him in the morning one night forgot to wind it. In COOaeqttcncc of thi. he over slept and missed an appointment in regard to an im portant position he was seeking. When he arrived he found it filled: another had been on time and secured the place. "It was all on account of the alarm clock," he said to his friend when relating the incident. "o," re joined the other, "it was because you depended upon the alarm clock and not upon yourself." There are many people, both men and women, who have the alarm clock habit. They do not like to think for themselves. They depend upon some one else to tell them when a thing should be done, and oftentimes how it should be done. They like to lean upon some body rather than to take the initiative. They say, "If ! net into a tight place I will ask someone what to do. Why should I worry to work out the plan myself?" In business there are many alarm clock men. If they are told to do a piece of work, instead of figuring out themselves the best way to do it, they will ask some one else. Everything they do is by rule of thumb. If the whistle was not blown at noon the probability is they would not go out to lunc'i. They want to bv called and not to do the calling. Isn't it a splendid thing to think for yourself? To decide for yourself? To act for yourself? To feel that through your own efforts you are building char acter, and business, and prosperity? To know that, al though you may take counsel of older and wiser heads, the final decision in any matter is yours, and yours alone ? To have the courage to do without waiting to be bolstered up by someone else whom you have learned to lean upon? Try it for a week and see how it turns out. Let every day of the seven be a day of "derring do." Rel egate the alarm clock of your mentality to the dust heap of failures to be found along the road of life. Look up and get your time from the sun, and let its rays guide you, and at the end of the week you will have forever done with the alarm clock habit. A Fair Price for V heat NO OXE will contest 'he justice of the wheat grow ers' claim to a proht on their crops and, while the proposition has not pioved sound in industry, one may even incline sympathetically toward their demand that the price of wheat be high enough to cover the "cost of production plus a reasonable profit." But what is the cost of production? Is the ;rice of $3 a bushel, demanded by the farm ers, based on carefully compiled statistics, or is it merely an arbitrary figure? The public i not disposed to ask the farmer to work without profit, but at the same time it would like an answer to this question before accepting the proposed price as equitable, and it would seem as if the organiza tions which stand as the farmers' spokesmen would perform a lervkc by coming forward with a reply. The general supposition is that the figure is merely an arbitrary demand and if this is true there is no rea son for believing it will be accepted with equanimity by the consumer. With cry business enterprise in the United States straining to meet changing conditions, with prices dropping and with labor facing a more or kfl doubtful winter, the farmer will need to present strong proof that he cannot afford to lower the price of wheat, or he will lose his case. If, on the other hand, the farmer can show the justice of his claims, and at the same time can prove his charges that the reduction in the wheat and corn market has been the work of manipulators bent on se curing control of the nation's food supply at a low price with the intention of raising prices as soon as their hold is secure, the public will make common cause with him and both producer and consumer will benefit by the closer relationship which will result Wanted: An Advertising law IT IS probable that one of the measures which will be proposed at the next session of Congress tfill be the enactment of a law against fraudulent ah reitifttti aimed at the promoters of wildcat stock company -f It is said by hankers, and agreed to by gOTCnMMH representatives, that the public hftj BUM robbed of mil lions upon millions of dollars i ltfap during the tf( two yean through the sale of worthless stocks. The government attempted to do what it could KMM after the close of the war but without much avail. The Capital Issues Committee, which protected the public from worthless stocks during the war. disbanded and its services were no longer available, the post ofkc could not police the country effect ively with the force and means at its disposal, and ao the work was finally turned over to the Federal Trade Commission. Efficient at the commission usually is in handling matters entrusted to it for disposal, it labored under a considerable handicap in thil Cft linCC there was much doubt ai to its powers, and because it was already deeply engaged in importart work. The investors' protective bureau of the Chicago As sociation of Commerce reports that there are at least a billion dollars worth of wildcat securities being of fered to the public at the present time. One hundred twenty million dollars' worth of fraudulent stocks have been driven out of the state of Illinois alone this year and public confidence in securities, formerly at a very low ebb. has been greatly restored. It is found, however, that the blue sky laws of the various states arc not in themselves sufficient to cover the situation. There is a need, it appears, for a na tional law which will compel the promoter of securi ties to prove the statements in his copy before his ad vertising is given to the public. The trouble with most of the laws aimed at fake stock promoters is that they do not operate until the swindler has fleeced a number of victims. The thing that is needed is a law that will lock the door before the horse is stolen and there is good reason to believe that a national advertising law will fit the situation. Business Schools for Farmers MICHIGAN AGRICULTURAL COLLEGE is pre paring to conduct SO business schools for farm ers this winter. According to the farm management bureau of the college, there are still a great many farmers who handle their accounts on a hit-or-miss system which is never accurate and generally so mis leading that it does actual harm. The bookkeeping system which is to be taught will be simple and practical Its object is to enable the farmer to determine the cost of all his crops, so that he may find out which ones are making him money and which are sold at a loss. Armed with this knowl edge he can search intelligently for errors in farm management. The Department of Agriculture has but lately com pleted surveys of farm profits in three important regions of the United States which reveal the astonishing fact that most of the farms studied are earning less than $500 a year net profit, for their owners. Tic studies covered seven-year periods in two of the areas and five years in another. Representatives of the department made yearly visits to the farms listed and compiled their figures with the assistance of the owners. aO that the results are as accurate as care COttld make them. The first group of farms studied was in the hill country of Ohio, the second in the corn belt of Indiana and the third in the dairy region of Wisconsin, from which it will be seen that the districts chosen were fairly representative of the nation. Not all the responsibility for small profits can b laid to low prices, because during the last few year of the experiment prices were very high. Some of th blame undoubtedly rests on errors in farm manage ment and it is here that the keeping of a set of farm accounts will prove invaluable. The farm is the food factory of the nation. It needs the same efficiency in management, the same at ttntion to holding down overhead expenses, the same detailed information concerning cost of production, that a factory must have to be successful. And it is a hopeful sign to note that this fact is so generally acknowledged that one college is finding it necessary to open fifty winter business schools to meet the de mands of farmer business men.