The Pensacola journal., May 11, 1919, Page 4, Image 4

About The Pensacola journal. (Pensacola, Fla.) 1898-1985

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THE PENS ACOLA -TOTTRNAL. SUNDAY-MORNING, MAY 11, 1919.
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- :
DAILY WEEK LY SU ND A Y
Journal Publishing Company
1X3IS K. MATES, President and General Manager.
Conducted from 1892 to 1915 Under the Edtflorahlp and
Management of Cot Frank L. Mayes.
MEMBER ASSOCIATED PRESS
American Newspaper Publisher' Association
Florida Press Association
Southern Newspaper Publishers Association
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Jished. Entered as second class matter at the postofflee In
Pensacola, Florida, under Act of Congress, March J, 1873
Represented In the General Advertising Field fcy
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New Tork. Chicago. Detroit. Kansas City. Atlanta
SATURDAY MORNING. MAT 10. 1919
SUPPLY AND DEMAND.
The prices of 1913 are not coming back.
Neither are the wages paid then. Wages are
up. So are prices. Both will stap up.
It is just as plausible to anticipate the return
of 1893 prices, or the resurrection of the . "dol
lar a day" wage for workingmen, as to imagine
that th3 people of this country can step back into
their pre-war stride.
Food will remain high in price, farmers assert,
because, as they explain, farmers have to pay
more than double the farm labor wage they paid
10 years ago, and their fertilizer, machinery and
own living costs are from 100 per cent up higher
than a decade ago.
Clothing will remain higher in price than it
was before the war, for the cotton in the south
and the wool of the west are higher in price, and
the labor , cost is much greater.
t Richard Spillane, noted American economist,
and special writer on busines subjects for this
newspaper, believes that steel, barometer of
trade, wil be higher in price a year from, now
than it is today. "Builders remain hesitant,' he
declares, ' 'dautbanzest Tlishrdluetaoin etaqniao
declares, "but each day makes their ideas of
lower comomdity and labor costs less pro
nounced."
With the prevailing high cost of production
(meaning high wages), no cheap lumber is in
sight," says John H. Kirby, president of the
National Lumber Manufacturers' Association.
Charles S. Keith of Kansas City, fa prominent
lumber man, and a member of the association,
predicts that lumber will sell for $40 a thousand
board feet by fall. "This," he explains, "will
be an increase of one-quarter to one-third over
present prices."
And he tells why the increase.
'The cost of production has mounted 217 per
cent. We face a loss of 105,000,000,000 feet ac
cumulated in Europe during the last five years.
Russia used to furnish over 40 per cent of the
world's supply, and Russia will be out of the
market for at least four years."
Cement prices will advance 10 or 15 per cent
this year, according to -Albert Y. Go wen, vice
president of the Lehigh Tortland Cement Co.
In 1913, Gowen said, the average cost of mak
ing cement was 62 cents a barrel. The average
net selling price was 82 cents. In 19i8 the cost
was $1.44 a barrel and the net price received was
$1.62. v
Labor insists that wages be not reduced,
fact, there is a demand for still higher pay.
What shall we do about it?
Some have advised waiting until prices
tumble. That would bring down wages, too.
would recruit great armies of unemployed.
might spell panic." This waiting is nothing more
than not buying something you need because
you hope by not buying you may bring down the
price, and if many others join you in waiting
(either in the matter of purchasing building ma
terials, steel, stone, clothing, shoes, food) you
will bring prices down. There's no doubt about
that. The law of supply and demand will do it.
But, remember this: T
NEVER IN. ALL HISTORY HAS MAN HAD
HIGH WAGES AND LOW PRICES.
elArtrfoal rnnprrums available. The owners oit
many of these lots have announced that they
will erect .houses for prospective purchasers and
will sell them on easy terms. The usual mexnoa
is a simple one, and, according to reports sent to
the United States Department of Labor, it is
working in a satisfactory nianner.
If a house to cost $3,000 is to be erected on a
site valued at $500, the owner of the lot assumes
a second mortgage for the difference between
what may be obtained on the first mortgage and
the amounflhat the purchaser can pay. On this
property representing a value of $3,500 the first
mortgage would cover $1,750. If the buyer pays
down $350 the owner accepts a second mortgage
of $1,400, which the purchaser agrees to pay in
installments of $25 or $30 a month. Interest on
the mortgage is 6 per cent. So far, many sales
on these terms have been reported by local real
estate companies and private owners.
In a recent magazine article it was stated
there is a larger percentage of home-owners in
Portland than can be found in any other city in
he "country. According to estimates made in
1910 by insurance underwriters nearly 47 per
cent of the population owned homes. Based on
he population of nearly 10 years ago approxi
mately 100,000 pedsons lived in houses that ac
tually belonged to them. It is now estimated
hat this percentage. has intcreased to 51, and,
taking account of the growth of the city, it is
believed that 160,000 residents now possess the
houses in which they live.
Portland has proved what civic pride can do
in the way of beautifying a city, for recently at
the suggestion of the Oregon Chapter of the
American Institute of Architects, a committee
made a study of its architecture, sculpture and
andscape architecture with the result that 10
examples of the best home building won praise
for the high standard maintained. The verdict
of "the Architects and Engineers of California"
was that "a number of seelctions show as fine
an art and as wise a handling of the problem
as anything to be found in this country."
In
do
It
It
CHANGE ANDJDEALS.
Nothing is so sacred but what it is capable of
being amended or more generously interpreted
or more clearly undertsood.
Even the bible Was "amended .by an officially
appointed escclessiastical body which decided to
have it consist of sixty-six books," says Charles
Steltz.
The constitution of the United States is re
garded by many as a sacred document but it
has been amended nearly a score of times.
There are some people who think that the fu
ture of America depends upon the "inviolability"
of the constitution. .- ' ;
But England has no constitution whatever and
somehow it -manages to get along without any
more lawlessness than we do- in. spite of our
sacred document.
There is a great span between the revelation
of God to Moses when He spake to him out of the
burning bush, and the revelation of God through
Jesus Christ. v -
And the last word regarding the manifestation
of God to mankind has not yet been spoken. He
reveals Himself in countless ways to men of
every degree. -
If you are getting no new light on the facts
and forces of life you're in a bad way.
mere s sometmng tne matter witn your
thinking or there's no opening in-your mind to
let new ideas come in. And there never was
time in history when more new things were de
veloping than just now.
A hundred years from today people will look
back and say: "What a great thing it must have
been to have lived in those days when some
thing big was happening all the time."
What a chance there is today to mould the
future of the world or, at least, to become a
part of the big world that's being moulded by
others and not being left behind because we
have no imagination and no ideals.
WHY NOT PENSACOLA?
Portland, Oreg., which is a city that lead 3 in
the Own Your Own Home campaign, has a plan
by which any wage earner may buy a house by
advancing what is approximately 10 per cent
of the value of the property and then each month
paying installments of $25 or $30. . ; ;
In the city are several thousand vacant lots
situated on paved streets with sewer, gas, and
-
- . jmimj Miiiii. JJluimi'inf iwij nii'ip swsiisiiMiiii TTTTn rp r iibimh i 'imini 'n ' ni-nrTTOWTTinTTTi nnnTrTTTTir-Ti rmnnn n ll M 1 11 him I ' " nm, -.
J-(I nirtol Infol -Hi
:M Jf 3 Down2 to . Go!
M The Golfer knows how much better you
S2jdf fpfff IP" IT
fW "In a bottle Through a straw"
(S-sO After a close game on a hot day Sq
VuTn. - l-'sf a frsty ice-chilled bottle re IffiS
uS s freshes and satisfies. ,
S 8
LEGISLATIVE ODDS
B AMn t?MriQ
' A A A V - 4bs w
(BY JOHN C. TRICE.)
Tallahassee, Fla-. May 9 Nobody
In the world but Monk Harrison will
ever be accused of sending that "Want
-to-get-marrled Club" letter to Amos
Lewis in a section of country where
Monk la known and that Includes all
of this hemisphere worth knowing any
thing about-
they are admitted, but the -practice
generally ia to deny it.
It is related of a member of the
house that . he tried : to get the fish
biU recommended favorably by the
committee without even being read. He
admitted, so it is stated, that there
was some bad features in the bill,
but argued these could be amended
on the floor of the house. Other mem
bers could not see their duty in pur
suing such & policy, and a public hear-
ing was ordered.
Mr. Brooks has returned, from a
trip to his home in Key West. He
went on business before the federal
court, but arranged to get way after
one day's attendance, and forthwith
came back to the capital to resume
his duties as a legislator.
"Can anything make more noise than
a tick in the house of representatives,"
County division, in the Glades county
case answered that question before
the blU was taken up for : considera
tion and it was decidedly an affirma
tive answer.
Since Farris was speaker of the
house there haa not been so much said
against lobbying around the halls of
legislation, but there has been no let
up, and it Is even contended that half
the members of the legislature would
not know how to vote if the bills
were not disussed with parties inter.
S ested on both sides. One senator is
complaining, it ia stated now, thet
since the suffrage matter was settled
there is a deplorable lack of female
lobbying.
The advantages of such a combina
tion are that overhead sales charges
will be reduced to a minimum, better
sales service can be rendered,, as one
man will know Just what can be fur
nished by all the mills, and when,
and In many other ways.
Mr. Barrow is weU fitted for this
work, haying had many years of prac
tical experience In every department
of timber ' and mill work, as well as
in the selling end of the business, and
our mill companies are fortunate in
securing him for this important posi
tion. In a way this St. Andrews Bay com
bine is a counterpart of one just com
pleted which embraces many Gulf
Coast lumber companies, including
some in West Florida, and is the first
attempt here to copy after the many
like, combinations of recent years
throughout the north, which have ma
terially cut down overhead charges la
an important department of operating.
-St. Andrews J3ay. News. ; i
sales manager Mr. J. M. Barrow, who
will have entire charge of this work.
CAPT.
: . BENNIE
EDMUNDSON
LAUNCHES
TO
KENT
TELEPHONE 204
PEAKE ELECTRIC COMPANlf
The Home of Exide Caller?
Service.
30 S. Palafox. Phone 24
- Our idea of a hero is a man who would face
an Italian street crowd now and tell them that
Italy fought to make the world safe for democracy.
Government control of cables may have kept
some truth from us, but it doubtless kept more
fiction from us. -
Every time we are tempted to raise a row
about the price demanded for eats, we reflect
that Heinie is having the same price to pay.
A vacuum is the head of the man who could
rent a house for 20 per cent interest on the in
vestment, but won't build it because building
material is high.
A soviet government is something that may
be set up in a day. Its chief weakness is that it
may also be knocked down in a day.
Mr. Mathis, of Holmes county, is as
relentless in his fight on the compul
sory school attendance bill as he usr
ually is In going after what he con
siders bad legislation. Technical ap
plication of the rules of the house got
in to -a vote before he could get his
referendum amendment before the
house, and that body refused him a
reconsideration, but he is following the
bill to the senate and proposes to
haunt it untU the referendum is tacked
on, or until the last chance to fight
for it has past. He characterizes the
bill as the most radical piece of leg
islation that ever got by a Florida
legislative body. That is going some
with invective.
1 S g S I MM.
3TATE OPINION.
Editor Pepper of the Gainesville Sun
is here. He comes to the capital in
the interest of citrus canker legisla
tion, according to his own admissions.
But while that question is in a state
of x coma before the legislature he is
quite active in the interests of the
University of Florida, ; located in his
town.
The weather is growing warm at
the capital, which may be in part re
imnnsibie for so many contentious
outbursts in the house. It is difficult to
keep ones feeling all polished up while
suffering with heat in a hall as large
as that cooled by only four small
fans. Especially when the current is
so weak it Is impossible to hear the
fans buzz.
It la refreshing to hear Senator
Stokes admit he is acting as the at
tomey of the prohibition people, or
temperance people as he expresses It,
It is frequently done, and there can
be little harm in such practices when
Predicts Resentment.
The Florida senate has voted against
woman suffrage and has also voted in
favor of a proposition to authorize
the sale of all the swamp and over
flow lands of the state at once; two
measures which certainly do not stamp
the senators as forward-looking men,
says the Fairhope (Ala.) Courier. In
face of the rising M?1 of sentiment
in favor of the retention in public
hands of all natural resources now
under public control, the Florida sen
ate, . votes to sell for an Immediate
mess of pottage, lands with millions
of potential value and to forever de
prive the citizens of the state of op
portunity to make use of the lands
without payment of tribute to greedy
speculators, while at the same time da-,
prlving the state of the power to reap
the Increasing value of these lands
as population increases and extensive
drainage plans already in process of
execution are consummated. It is to
the credit of the senator representing
the district in which the famous "ever
glades" lie, In which most of these
lands are, that he strenuously opposed
the measure. We predict that the
senators who voted for this measure,
will most of them live to see their
action bitterly resented by the people
of their state. .
7t
Up-to-Date Methods Adopted.
The tendency toward large things
is shown in the recent combination
of our lumber interests, particularly
in the matter of selling. It is stated
that the product of the various mills
in this section will be handled by i
mm
Mil
Vix
-J
u
Two Uses at Once
from Single Sockets
Two-Way PIa& can be screwed into
yonr electric l&ht sockets, &ivm& two
outlets in place of one. Use bothoutleJ
for li&ht, or one for li&ht and the oer
for heat or power.
Wonderfully convenient for ironing
toasting. peeolatin& coffee, operating
sewing machine or connecting nyj?p
ence without removing the li&n- -very
home needs three or more.
3 for $352, each
Sold by
PENSACOLA ELECTRIC CO.
PENSACOLA, FLORIDA
raw
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