The Bozeman courier., January 25, 1922, Page PAGE SEVEN, Image 7

About The Bozeman courier. (Bozeman, Mont.) 1919-1954

Image provided by: Montana Historical Society; Helena, MT

                
e
Hitting me Nail on me Head
IS IT PROTECTION
OR REPUDIATION
Republicans in Congress should de
cline to be stampeded by the ancient
bromides of anti-protectionists about
"Chinese walls" and "prohibitive tar
iffs.
i he truth is that owing to demor
0 alized industrial and financial condi
tions in Europe, particularly the fall
in exchange, no tariff will be pro
tective which is not much higher than
any that would have been necessary
a few years ago.
bligation of
s to establish
' general
It is the duty an .l the c
the majority in Congres*
a tariff on
articles or
American production equal to the
difference in labor cost at home and
abroad, expressed in terms of Amer
Any tariff short of this,
per cent or a thou
i be futile because
lean money,
whether it be
nd per cent
v
j
policy, !
t only the doctrinaire
in theory
■n-protectivo.
Ev.emi
re
of the protective
representing »
•opposition to protection
but certain merchandising and finan- ;
cial interests which are witling to fat
ten on the very corpse of American
have all too long delayed
!•'fulfillment of the Republican plat
',. ; i.i pledge of a protective tariff,
Meanwhile the blight of industrial
paralysis has deepened. The shelves
•'f American stores are crowded with
foreign-made goods, but the wheels
in American factories ai*e idle, and
will
St
1
remain idle until something is
ione to stop the inundation of the
•. lerican market with foreign com
modifies.
■ arc fchos e Vfho parrot the
iree trade phrases about what
There
ever protective duty is imposed being
added to the price* That sophistry
has been thoroughly discredited by
the events of the past few years.
Giving the importers
and foreign
producers control of the American
market does not mean that the
American consumer will be enabled
to buy cheaply It merely means that
sufficiently under
sell the American producer to put
him out of business, eliminating do
mestic competition and making the
purchasers of this country perma
nently the victims of alien exploit
ation.
No man in or out of Congress who
believes that American industry
should not be protected from unfair
competition with
alien production
based upon starvation wages and a
standard of living that could be estab
lished here only through the very de
struction of our civilization, is nei
ther a good Republican nor a sound
American.
Unless the tariff is high enough to
equalize production costs, almost en
tirely labor costs, at home 'and
abroad, it is not a protective tariff.
Unless a protective tariff be adopted
American industry is doomed to such
t further set-backs in 1922 that the
army of th unemployed will grow
rather than diminish. If such a sit
uation be brought about through be
I t rayai, by alleged Republicans, of the
-use of protection, the consequence
I
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WILL BE WITH YOU
For Many Days To Come
There will be plenty of winter
weather before the flowers
bloom again. Keep your family
comfortable with—
§
ROUNDUP COAL
It gives you a full value of heat
for the price you pay.
LUMBER COMPANY
4
501 E. Main
Phone 82
«
will not merely be Republican defeat,
but what is far worse than that, Re
publican disgrace through repudia
tion of pledges and the abandonment
of a policy that has been fundamental
in Republicanism since the founding
of the party.—National Republican.
GERMAN'S INVASION
ON ENGLISH TRADE
World War, and she now appears to
Great Britain was one of those to
bear the brunt of the battle in the
be bearing the brunt of competition
her erstwhile enemy, Germany,
The London Times recently published
some statistics indicative of the tre
mendous growth of competitibn in the
domestic market of German goods,
the figures covering the three months
July, August and September. These
figures will explain why England
hustled through the so-called "safe
guarding of industries" act, which be
came effective October first, and
marked her return to the protective
policy after three-quarters of a cen
tury of free trade. That act carries
a general rate of 33 1-3 per cent on
imports. The Times' figures will also
be interesting to American producers
as indicating a few of the lines in
which German competition may be
looked for—tempered by protection,
vicious without it.
Germany exported to the United
Kingdom in July 438,000 gas mantles,
and in September 70,243,000; silk
manufactures, 710 and 1,968 hundred
weight for the two months respec
tively; woolen manufactures, 100 and
246 cwt.; cotton manufactures, 776
and 1284 cwt.; jute fabrics, 2,982 and
4,126 cwt.; rubber shoes, 110 and 1,086
cwt.; wooden window frames, 794
and 2,010 swt.*; paper and manufac
tures of. 10,742 and 48,918 cwt.; elec
tric insulators, 2,842 and 7,592 cwt.;
manufactures, 590 and
1,294 cwt.; printing machinery, 392
and 1,004 cwt. Large increases were
also in recorded in lead, zinc, tin, cop
per and brass manufacturers and
aluminum
many other commodities.
"It is not merely the loss of the
German market that is depressing
trade and causing unemployment
here," says the Times, but "a great
part of the stagnation is due to the
flood of German goods sold here and
1111 other markets abroad at P rices "ith
which com P etition is impossible."
Great Britain, beguiled by Cob
den's propaganda, adopted a free
trade policy in 1846 with a view to en
couraging other manufacturing na
tions to do likewise. Improved ma
chinery and low production costs had
placed her in a position to compete
successfully with any country in the
world, she thought, and it was to her
interest to open foreign markets. Cob
denism for a time succeeded in Ger
many, but in 1879 Bismarck effected
the restoration of the protective pol
icy in Germany, and from that time
until the outbreak of the World War
the Germans became the bitterest and
most successful competitors of the
British, not only throughout the world,
but in England's home territory. The
competition which England endured in
the course of the three months above
mentioned came about despite the fact
that under the provisions of the Ver
sailles treaty German exporters had
to pay 26 per cent export duty on
goods leaving Germany, the proceeds
being applied to reparations.
Just what the result has been since
the "safe-guarding of industries" act
became effective in Great Britaui, no
figures have yet been received to in
dicate. But if that act has cut down
the British market for German goods,
the effect must be to deflect them to
this country in increasing volume,
and only adequate protection of the
American market will prevent us from
experiencing German competition as
great, if not greater than that which
England has experienced.
TAX-EXEMPTION LOOP-HOLE.
As it becomes increasingly diffi
cult for private industry to finance
itself, due to the vast amounts of
money that are being absorbed by
tax-exempt bonds of the government,
states, counties and cities, public de
mand is more insistent that the tax
exemption priv ilege be repealed.
Not only does industry suffer, but
the government is losing millions in
taxes which should be paid on in
come derived from such bonds.
justice a
man buying $100,000 worth of tax
exempt bonds and thus escape all
taxes from the income he receives,
when the man who puts $100,000 into
an industry which employs many peo
ple and involves large risks must pay
every known form of taxation that
can be invented.
Government securities are the saf
est in the world and this fact alone
is sufficient inducement for capital
to invest, without removing all tax
features to the great detriment of
the government and industry.
TUBES BACK.
Pneumatic mail tube service in New
York City is about to be resumed af
ter an interruption of several years.
It will be remembered that Mr. Bur
leson took the remarkable view that it
was cheaper and more efficient to
transport first class mail in New
York's crowded streets by truck than
it was to shoot it through mail tubes
beneath the surface. He even went
so far in his campaign against the
tubes as to prevail upon Former Pres
ident Wilson to veto a postoffice ap
propriation bill because it contained
an item for their operation. The joint
postoffice committee of the senate and
house has made a thorough investiga
tion of the situation in New York and
has authorized Postmaster General
Hays to enter into a ten-year contract
for the operation of the tubes. It is
thought similar action will be taken
in the near future with regard to the
tubes in Boston, Chicago, and St.
Louis.
FIRST ON THE CALENDAR.
The foreign debt refunding bill
will be the first important piece of
legislation to command the attention
of the senate. It has already passed
the house, and as soon as it is en
acted by the other body will receive
the signature of the president and be
come law. It is not expected that it
will be changed materially from the
form in which it was recommended
by Secretary of the Treasury Mellon.
Democratic opposition will seek to re
strict the discretion, sought to be
lon, bV*- "
that ex zee
'ms are convinced
'diing of the debt
problem can be done only by an
agency clothed with large powers.
Both President Harding and Mr. Mel
lon have declared their determina
tion to get the most favorable terms
from the foreign debtors, and there
is no doubt that the payments forth
coming under the arrangements they
will make will be as large and as regu
lar as conditions will permit.
I FARMERS ARE MOTORIZED.
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| WASHINGTON, Jan. 18—Statis
tics show that many communities use
I more than one motor vehicle per
j farm. The bureau of the census
count shows 2,146,512 passenger cars
! on 1,949.564 farms, and 130169
j trucks on 131,551 farms. Over SO
j per cent of all farms own cars, wit,h2
j per cent owning trucks.
CAR PURCHASES.
Through the columns of a demo
cratic newspaper we learn that the
C. B. & Q. railroad has ordered the
purchase of 500 stock cars, 1300 re
frigerator cars, 2500 box cars and
3000 coal cars; the Illinois Central
has purchased 1000 new refrigerator
cars, and the C. M. & St. P. has an
order entered for 2,00 coal cars. This
is not such a bad report coming thru
columns that used to convey the idea
that the railroads would be ruined
if not kept under government opera
I tion.
Pi®
MONTANA NEWS
WEEKLY REVIEW OF
Mining and reductions plants in
Butte. Great Falls and Anaconda dis
tricts to resume January 16.
Lewistown refineiy completes re
pairs necessitated by fire.
Great Falls—Five building crafts
vote to reduce wages $1 a day.
Somers—Work on fish hatchery to
be continued. Water to be pumped
from lake.
One million five hundred thousand
dollars of forest reserve road money
allotted to Montana.
Butte-Anaconda road, nine and one
third miles, paving costs $354.387.71.
Helena—Cat Creek field produces
crude oil valued at quarter of a mil
lion in November.
Butte—Electrical Development Co.
incorporates with capital of $50,000.
Hardin—Nine Mile well makes good
oil showing.
Sheridan Forum reduces subscrip
tion rate to $2.
Helena—Statistics show business
good in 1921; city ranks highest in
federal reserve district.
Butte—Goldsmith
high grade gold-silver ore.
Jefferson City—Assets gold mine
installs new stamp mill.
Wolf Point—Grain marketing again i
under way due to favorable condition
of road.
Wolf Point—Ice harvest begins.
Billings—Delaware company, with
capital of $1,884,000, incorporates to
develop and market natural gas.
Shelby distinct expecting much oil
activity in spring.
Heath—Mining begun on huge gyp
sum deposit; available supply esti
mated at 8,000,000.
Butte—Elk Paint Co. increases cap
ital stock from $50,000 to $100,000.
Meagher county sells $200,000
bonds.
Montana's fall wheat crop estimat
ed at 291,000 bushels.
Hardin Post, American Legion, plan
to build home.
V
mine produces
\
1
company
ing organized with purpose of settling
Teton county lands.
Hardin—Two
wells near production.
Helena—Phosphate deposits for fer
tilizing farms found near here.
Mike Horse mine in
more Soap Creek
Lewis and
Clark county being developed.
Helena—New'
copper discovered
about eight miles from here.
Hardin—Total of $179,350 spent on
construction during 1921.
Belt—Farmers of Tiger Butte sec
tion join County Taxpeyers League.
Montana 1921 wool clip totals 17.
190.000 pounds.
|Havre—Highways in Hill county
to furnish farmers with employment
until seeding time.
Malta—Phillips
county farmers
plan fo organize co-operative cream
ery and produce market.
Livingston—Northern Pacific ma
chine shops open after 10-day shut
down.
Billings—Beginning with January,
19É2. all deputies and appointive of
ficers of Yellowstone county whose
salaries are not fixed by law will b • 1
reduced $12.50 fer month. About 31 £
employes will be affected, their mini- zt
mum salaries being $125 per month Ç
instead of $137.50 as heretofore. It
is estimated the reductions will save
the county about $4.000 a year.
The great enemy of investment, de
velopment and the maintenance of
payrolls is the nightmare of taxation
which the
average industry must
meet.
Des Moines' disastrous experience
proved beyond question that it is
practically impossible for a great city
to get along without the cheap, cer
tain and extensive service to subur
ban districts which is given by the
modern electric railway system.
Practically no new railroads were
built in the United States in 1921,
but 1,200 miles of track were taken
up—too much regulation.
San Francisco Chronicle, comment
ing on the death of Henry Watterson:
"Newspapers have became institu
tions and must reflect composite
views and not those of any individ
ual editor."
It is essential that we produce a
large percentage of our own sugar
and not be left at the mercy of for-
eign growers and speculators. To do
this we must protect the sugar in
|dustry.
TOUR OF INSPECTION
Washington. Jan. 24.—(Special Cor
respondence)—Under direction of Sec
retary of War Weeks, Assistant Sec
retary Wainwright and General Har
bord have started on a tour of the
military posts of the country. The
,, nr • . „
camps Mr, Wamwnght and Gen.
Harbord will give special attention to
the «abject of military tnumng while
on their inspection trip, and secure
information upon which the needs of
the camps for the coming summer
maj be accurately forecast.
trip will be one of inspection of sup
plies and equipment, and special ef
forts will be made to establish the
closest relations between organiza
tions in the field and the headquarters
force at Washington. Another rea
son for the tour is the desire of Mr
Weeks to weld together as closely as
possible the forces of the regular
army, the national guard, and the re
serve force, so that they can be hand
led as one unit and rapidly increased
in numbers should
an emergency
anse.
Secretary Weeks is making plans
for instruction camps next summer on
a larger scale than ever before at
tempted. It is anticipated that 200,
000 men will be enrolled in the train
*
*
To The Farmers
!
GET YOUR ICE NOW—CUT TO FIT YOUR WAGON
Bonn Ice & Coal
CORNER STORY & CHURCH AVENUE
s
ii
We Serve Light Lunches at Noon
Harvey's Delicatesen
Salads—Cheddar Cheese—Soups—Gravy
Hot Baked Beans—Meat Roasts—Boiled
and Baked Vegetables Ready to Serve
Any Time—Pies—Cakes—Cookies—Cup
Cakes
i
Hot Tamales Every Friday
ood
Rubber
Goods
are the only kind worth having.
fche others are a sure disappoint
ment. We carry a full line of
first class rubber goods, such
as fountain syringes, hot water
bottles and bags, tubing, sheets
and many others. Those you
should have should be the best.
(Jet them here and they will be.
9
m
S
g
^
COX - POETTER DRUG COMPANY
Phone 128
10 E. Main
XXX80CKXXXXXXXXSKXXXSXXXXXXXXXXXXXXXXXX3^^
Teach Children to Save
I
START THE KIDDIES RIGHT BY MAKING THEM
WANT TO SAVE THEIR MONEY
A personal savings account in a high class banking institu
a«d encouragement to handle their own finances is a good
start in the right direction.
\
ONE DOLLAR OPENS AN ACCOUNT
I
—SAFETY — HONESTY — COURTESY — SERVICE—
Security Bank & Trust Co.
30 West Mala Street
President : H. S. BueM
Cashier: W. N. Purdy
Vice President : Â. G. Berthet
Assistant Caâàier: J. L. Xfittmr
%
. èjÿ' -- 'VY
} -, f
; j
EVIL DONE THAT GOOD
MAY COME, ILLOGICAL
Whether it be right to do evil that
good may come hf**' on a point
much in dispute si.
said, "Let's argue a
That evil may result
is not so well u:
sometimes happeiu. Admitting, for
the sake of ar- ament, that all gam
bling is an ev;l p and that betting,
whether upon a card game, horse
race, baseball contest, or the weather,
is gambling, it emphatically does not
follow that any means for preventing
gambling is necessarily a good means.
A fly is a pest. It can be killed
with a blow of a hatchet. If a fly is
on man's head and hatchet crushes fly
and incidentally destroys man, act of
destruction is hardly to be commend
ed as good because fly is extermin
ated!
To prevent gambling by suppress
ing ail news of gambling, or contests
upon which wagers could be made,
may or may not accomplish the re
su ^ expected by the framers of the
SterUnf , bal> now before Congress .
But ft is cortain tbat tbe biu sbou | d
it pass , would st . riousIv interfere
with the Hberty of the '
tetd by the Constitution, and the main
| bulwa rk free America has against
| oppression and autocracy.
,i first man
i* something,
na doing good
crstcrd. but it
1 *
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