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The Bozeman courier. (Bozeman, Mont.) 1919-1954, January 19, 1921, Image 7

Image and text provided by Montana Historical Society; Helena, MT

Persistent link: https://chroniclingamerica.loc.gov/lccn/sn86075113/1921-01-19/ed-1/seq-7/

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«
Hitting the Nail on the Head
EXPECT PROSPROUS YEAR
From the Montana Record
The bankers of Helena and the
county, which lately have held an
nual meetings, elected directors and
officers, and declared dividends, seem
t^T^-lmous in the view that this year
will see a very decided and general
improvement in industry and business
and the public should take hope from
the optimistic discussions and the
expressions of confidence in the im
mediate future that marked such
meetings.
The bankers are in close touch with
business and industrial elements and
factors of every kind, and therefore
are in position to judge the possibili
ties of trade and manufacture and
farming and building as these relate
AWjtana and the • country.
Helepa arSf. Lewis and Clark county
. bankers have a clear grasp of condi
tion« throughout the state, and it is
very encouraging to read that in their
view there will be a revival of eco
The
4 r
nomic activities, a leiurn to normal
conditions, and an increase in pros
pevity in Montana during this year.
The report of Dun's agency at
Butte, coming at the same time, con
te in" facts and conclusions that are
also a good basis for optimism, since
tlu-v disclose a generally prosperous
state of business in Montana in 1920,
notwithstanding the drouth, the high
cost of farming amMiving, and the low
This re
prices for farm products.
port says that out of 11,000 morch
in business in Montana in 1920,
This is
ant
^if^jwore but 95 failures.
considerably loss than one per cent
The Dun report also -expressed the
opinion that Montana will suffer less
this vear than will many other states
where there was greater prosperity
past year and during the war,
and
.- 1 " r.dicating that business debts
iifVVties bore are not as great as
.er '
common
elsewhere, and that this
wealth will weather the readjustment
process now under way with fewer
business and industrial casualties
than will some other sections of the
country. This, at least, is cause for
public rejoicing, even
farm, livestock, wool, copper
some other state-wide industrial in
terests are at present undergoing de
cided adversity.
though ' the
and
THE SECONDARY BOYCOTT
There appears to be nothing in the
recent decision of the United States
supreme court in the labor union
boycott case that need cause appre
hension on the part of members of
farmers unions who are trying in a
pe s '*tly legitimate way to get for
•V'.eir products a price that will cover
the cost of production with a reason
able profit- The decision does not
X
interfere with the exercise of the
legitimate powers of a labor union
or its members. The application of
the same principles to the operations
oi farmers unions, therefore, would
r-ï^.-Jterfere with any undertakings
farmers in general have in contem
plate n. If any organization of far
mers resorts to unlawful methods, it
would be subject to punishment under
the principles laid down in the labor
union case, but there is no evidence
of any general desire on the part of
farmers to commit acts in violation
of law.
of farmers to resort to the
s used by some of the labor
The selection of the Clayton act
which protects labor unions in law
fully carrying out their legitimate
nhjt ts, includes farm organizations
in the same class. A decision that
applies to one will apply to the other
under the same circumstances. But
there is no indication of intention on
TT
unions.
So far as the recent decision of
supreme court is concerned, la
bor unions are still protected in their
right to strike and in the right of
the members of the union to boycott
thi productions of the concern against
w 'ch they have struck. It is the
sc> ondary boycott that is held to be
illegal—a boycott against a concern
with which the strikers have had
dealings and against which they have
no grievance except that the second
concern deals with the establishment
with which they have a quarrel.
the
no
with which they have a quarrel.
The injustice of the secondary boy-j
^ W» readily apparent. An
Extreme illustration is presented in
the threat of transportation unions
to refuse to handle commodities made
'n non-union shop. In other words,
if this threat were carried into ef
feet, a manufacturer of shoes, for
instance, who fell out with his union
employees and went on an open-shop
basis, would find that transportation
employees would refuse to handle his
goods, even if he were paying higher
than
than the union scale of wages and
conducting his business in a perfect
ly legitimate manner.
Farmers do not propose anything
•.like the secondary boycott. They have
have formed, and propose to continue
to form cooperative organizations for
the sale of their products, thus en
abling them to seek the best mar
kets, sell their goods through their
own agents, and prevent flooding the
. .market! to their own disadvantàge.
a line of activity in which
'«-they are protected by the Qayton act.
The members of the farmers unions,
pool their own produc ty but they
-
do not undertake to interfere with
the right of other farmers to sell
their own products if they wish. They
do not conspire to boycott men who
patronize independent farmers,
they did they would be violating the
law, as interpreted by the supreme
court in the labor union decision.
It is true that there have been in
stances of violence on the part of
"night riders" in some agricultural
If
communities where a few have un
dertaken to intimidate farmers and
prevent their marketing their crops.
These are such rare and exceptional
cases, however, as to be inconsider
able, and do dot represent the pur
pose of farmers unions- Farmers as
^ a rule are responsible, law-abkhng,
people who respect the rights „of
others and resort only to methods
sanctioned by both law and public
interest.
of immigration at Ellis Island, speak
ing to members of the Illinois Manu
facturers' association, said that ex
tremists both ways on the immigra
j tion question were wrong. He thought
SHUT OFF IMMIGRATION
From the Chicago Tribune.
Frederick A. Wallis, commissioner
the country did not need suspension i
of the privilege of entry but careful
selection of emigrants at ports of em
barkaticn and careful distribution of
the immigrants on anival.
Mr. Wallis thus puts two conditions
upon his advocacy of restriction in
stead of prohibition, and in n-ithor
condition can the United States put
We cannot disribute the
any trust.
immigrants,
own bent and their own
and the United States cannot force
They will follow their
impulses,
: them to go where it would be best for
1 them and for the country if they
j would go.
j The theory of hand picking in Eu
j rone is a good theory, but it will dot
work. If the United States had the
power not merely to select but» to
conscript certain types of Eui'opeans
for certain American locatities we un
doubtedly could hasten the develop
ment of regions and increase the pro
ductivity by an almost scientific ap
plication of labor.
Many of the Europeans anxious to
come to the United State would not
go outside of the most congested dis
tricts of the lai'gest cities. They
would plunge in where American prob
leras are worst, and there is no way
of preventing it.
They would flood into -quarters
where Americanization is now a prob
lem and increase the size and influ
ence of alien blocks. There is plenty
'of room in the United States for new
comers, but the new comers have no
intention of going to such places. An
immigration policy bassed on two
theories which cannot be applied is
a bad one for tho United States at
the present time.
There is no advocacy of an inde
finite prohibition against immigra
tion. Congress is asked to suspend
the privilege for the time being until
conditions are stabilized both here
and abroad. Every nation in the
world is trying to readjust itself, and
both the
United States must exercise its re
serve power to maintain its own sta
i bility.
Immigration finds its way not to
the places where it might be absorb
ed most easjly, but to the centers of
congestion, where it presents the
hardest problem of digestion. This
is bound to be so, particularly in a
panic, and the people trying to get
out of Europe are in a panic.
There is no thought of America in
the minds of the Americans who are
trying to throw the country open to
this invasion. The senate committee
which has been hearing opinions and
ideas from many people on the sub
ject has yielded to tfte influences ad
vocating no further restrictions and.
in doing so, cannot advance one Ameri
can argument for its conclusions,
which favor special alien and industri
al interests, but not the interests of
the United States,
From the Chicago Tribune
There are 15,300 American soldiers
YANKS ON THE RHINE.
on the Rhine and their upkeep costs
Germany 2,000,000,000 marks a year,
according to the German estimate,
They have no duty under the treaty
of Versailles because the United
States is not a party to that and may
never be. They form an American
.spear point in Europe but have no
S? ur Pose.
are in* occupied territory by the terms
of peace- Americans are still at war
with Germany and they have an army
in Germany.
The equivocalities are not impor
tant but there is no reason why
The armies of occupation
American soldiers should not be
brought back. They are a long way
from home. It is the American hope
to keep' soldiers out of Europe. *
Germany's economic rehabilitation
is of the greatest consequence to the
world and even if", it ja a compara -
tively small
sources to ma
drain
aintai
upon German re
in American troops
in Germany it is a'drain which ought
to be stopped. It does not represent
indemnity. *It haa no value in that
fashion. %
It is American opinion that the
i*
The
CREDITS HERE AND ABROAD
United States should not undertake
police work in Europe. That opinion
has been politically expressed as the
basis for a new foreign policy which
will go into effect March 4.
soldiers bf the Unied States army
may remain on the Rhine until March
4 but we think they will come home
soon after that,'as they should.
From the New York Herald
Secretary Houston's aversion to
every suggestion for some sort of
government cooperation to thaw out
frozen production and relieve business
depression is* straightforward, out
spoken and unyielding. He is a clean
fighter, as he is a stout fighter. But
the bankers of the country who advo
cate the revival of the war finance
.
j
:
1
corporation and who are in favor of
government ciedits to central Europe
are quite as openly and strongly for
it as the secretary is against it.
Aside and apart from the merits or
demerits of the particular war fin
ance corporation plan of relief, the
plain truth is that our loans to Europe
amount now to more than $12.000,
000,000 and hang like so much dead
weight around our own neck and the
neck of Europe because we have not
taken measures to covert this debt
i ..p irriiip n f|| II||n|lir
HI- \ I A, P j IMh jN|]
IlLdl I 11 lU « 1 LiU HILf II I'Ll
CHARLES LUNDWALL
Repairing of All Kinds.
!
Prices Reasonable.
424 E Main
'
--i ...
Phone No. 7.
KB
C InSMAs aîimjb'xmio atlÊTtoj^
&
s t>
-
■V
for Highest Possible Quality at Lowest Possible Price
*
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t
(G THE TJrMlT
1
AN\ a smoker thought the limit had been reached.
Could cigarettes be improved? We thought so. We
knew there was room
But it would have to be something entirely
M
v
at the top for a better cigarette.
*!
new.
And it is
it's Spur.
An original blend that makes the rich Oriental tobaccos richer by pleasing
combination with Burley and other home-grown tobaccos. A new method of
rolling the satiny imported paper hy crimping, instead of pasting. A smart
brown-and-silver
A
-
y y
package, with triple wrapping to keçp Spurs fresh.
Spur offers you tip-top quality at rock-bottom price. What do you say ?
V *
Liggett & My*ers Tobacco Co.
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into a liquid asset. A credit to Ger
many, no matter how arranged, the
bankers believe and many clear head
ed economists believe, would start the
industrial wheels on the European
continent and enable the nations on
the other side of the Atlantic to in
crease their earning power and con
sequently their buying power.
If we did not have hundreds of mil
j lions of bushels of surplus grain, mil
lions of bales of surplus cotton and an
uncalculated surplus of raw materials
and semi-manifactured and finished
goods, probably the bankers, the
manufacturers and the farmers would
agree with Secretary Houston that
nothing was need but private, indi
vidual action.
Months ago, however, the govern
ment urged, as everybody urged, hard
work and increased production as the
ultimate and the only solution of our
economic troubles. Now the farmers
and the manufacturers who took the
1 government's advice feel that the re
j sponsibility for providing an outlet for
the sui'plusos which have piled up be
lon ^ s squarely on the shoulders of the
| government who prodded them into
thelr productive drives.
In any event, the government can
no ^ 1 ? nore the situation- It can no
m0 ^ e escape both giving moral sup
P° rt f nd takm * some actlon break
the deadlock in international com
merce than it could if all domestic
trade were suddenly to become dead-,
locked. It may be a tariff to help
the farmers and others, it may be a
new system of taxation, it may be
forced and violent reduction of pub
lic expenditures to retrun bank funds
to regular commercial channels—it
may be this thing or it may bo that
. thing; but, in the American way of
j looking a situation squarely in the
j face and grappling it with sheert
j shrength, it will be something.
:
I
PTSUING IN MISSORI
IS REPORTED GOOD
I Culbertson—Fishing in the Mis
souri river is reported to be unusual
* ly gocd * or season °f tke year.
j A party of Culbertson people went
! out the other evening and brought
j back over 100 fish of good size.
-A-.
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/
Getting Together
One of the biggest problems facing farmers and
bankers today is that of providing ample farm
credits] on reasonable terms. They can solve
it only by working together, says
Tffc COUNTRY
GENTLEMAN
Our credit system is based on a 60-day paper
intended to serve commercial interests with
a quick turn-over. It doesn't serve the farmer,
whose turn-over comes once a year. How can
he be supplied with the capital he needs to
run his farm business?
Because the problem of fur- opments ' toward easier farm
nishing the farmer with ample credits. For an example, next
credit facilities is one of such week's issue carries a story by
vital interest to the whole farm E. V. Wilcox on financing the
industry and to our national marketing of a major farm crop,
welfare, Thk COUNTRY Gkn- Other competent articles are
TLEMAN has many trained in- , coming soon,
vestigators working on the To make sure of getting them
plans offered for solving the all, you'd better send me $1.00
difficulties. Their articles will today for the next 52 big issues
keep you informed on devcl- of this dominant weekly.
• The real fact stuff about farming
MRS- T. J. GILKERSON
Bozeman, Montana
Phone 721-W
921 W. Curtis.
An authorized subscription representative of
The Contry GcatlsmsB The Ladies'Home Journal The Saturday Evening Post
52 w net—$2.50
12 iuoe<—$2.00
52 iuou—$1 00

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