The herald and news. (Newberry S.C.) 1903-1937, August 12, 1919, Page SIX, Image 6
ADDRESS BY PRESIDENT
ON HIGH COST OF LIVING;
i
|
Places Several Proposals Before Congress.?He
Expresses Opinion
That Results Can Not Be
Expected Now.
t
Washington, Aug.?President Wil- j
8011 laid several specific proposals be-;
fore congress today for checkng the j
high cost of living, but at the same \
time declared permanent results!
could not be expected until peace
times bases were fully restored by
Tatification of the peace treaty.
High prices, the president told congress,
were not justified by shortage
of supply, either pre-^nt or prospective,
but were created in many cases
""artificially and deliberately" by;
"vicious practices." Retailers, he'
said, were responsible in large part j
lor extortionate prices. <
Strikes, the president warned the i
labor world, would only make matters j
worse and those \vh-> sought to em-1
ploy threats or coercion were only j
''preparing their own destruction." i
Leaders of organized labor, the pres-!
ident said, he was sure would present- j
v ly yield to second sober thought.
' Illegal" and "criminal" were the j
words the president used in charac- j
terizing the methods by which some ;
present day prices have been brought j
about.
Present laws, he said, would be en-j
oforotiVnllv pTvsnlnved to the limit to :
VAJjV-VWV...^ ~ r - ~ --
force out food hoards, and meet the J
situation so far as possible, but to j
supplement the existing statutes he J
specifically urged the following.
Use of Licenses.
Licensing of all corporations engaged
in interstate commerce, with
specific regulations designed to se-'
cure competitive selling and prevent j
"unconscionable profits" in the method
of marketing.
Extension of the food control act
to peace times an,d the applications j.
of its provisions against hoarding to
fuel, clothing and other necessities j.
of life as well as food. J j
A penalty in the food control act;
for profiteering. j'
A law regulating cold storage, lim-1,
iting the time during which goods j
may be held; prescribing a method of I'
' disposing of them if held beyond the ,
permitted period and requiring that ^
when released goods bear the date of
storage.
* ? ?j. 1- j '
Laws requiring mat guuua icicmcu i
from storage for interstate commerce ',
3bear the selling prices at which they J
went into storage and requiring that; ^
call goods destined for interstate com- j
imerce bear the prices at which they j.
3eft the hands of the producer.
Enactment of the pending bill for ;
the control of security issues.
Additional appropriations for gov- ?1
ernment agencies which can supply 1
the.public with full information as to '
prices which retailers buy. j'
Early ratification of the peace (
treaty so that the "free processes of
.supply and demand" can operate. i
Steps to be Taken. J
' ^ * 4
"Immediate steps by executive agen- *
cies of the government promised by ^
the president included: ^ i.
The limiting and controlling of ^
wheat shipments and credits to facili- j
tate the purchase of wheat in such a j
way as not to raise but rather to ,
lower the price of flour at home. j
Sale of surplus stock of goods and 5
?ifViVio-nrlc n-T t.Vip crrwern
' . 111 tllV 11U11UU VA V?< w t
ment. The forced withdrawal from
stoiage and sale of surplus stocks in
. private hands.
General recommendations include:
Increase of production. 1
-"Careful buying by housewives. '
'y 'Tair dealing with the people on the
' part of producers, middlemen and
merchants. 1
That there be no threats and undue
insistence upon the interest of single ^ ]
classes. ! Correction
of "many things" in the i
relation between capital and labor in ]
respect to wages and conditions of 1
labor. 1
I i
in concluding the president made a
plea for deliberate, intelligent action, j1
reminding congress that an unbal- '
anced world was looking to the ]
United States.
"We and we almost alone," he said, '
"now' hold the world steady. Upon ^
, our steadfastness and self posses- _
sion depend the affairs of nations
everywhere. It is in this supreme
crisis?this crisis for all mankind?
.that America must prove her metal." i'
rrites iiui
The text of the president's address
follows; |
\]
^Gentlemen of the Congress:
I have sought this opportunit to
address you because it is clearly my;
*duty to call your attention to the
!
Mr. Vaughan, Farmer, Tells How Hei.
Lost All His Prize Seed Corn. j
"Sometime ago sent away for
some pedigreed seed corn. Put it in!
a gunney sack and hung it on a rope j
suspended from roof. Rats got it all',
?how beats me, but they did because
I got 5 dead whoppers m the morning
after trying RAT-SNAP." Three ,
sizes, 25c, 50c, $1.00. Sold and (
guaranteed by Newberry Hardware
Co., and Gilder & Weeks Co.
present cost of living and to urge
upon you with all the persuasive
force of which I am capable the legislative
measures which would be most
effective in controlling it. and bring
ing it down. The prices tne people
of this country are paying for everything
that it is necessary for them to
use in order to live are not justified
by a shortage in supply, either present
or prospective, and are in many
cases artificially and deliberately;
created by vicious practices which |
ought immediately to be checked by j
law. They constitute a burden upon |
us which is the more unbearable be-1
cause we know that it is wilfully im- j
posed by those who have the power!
ot?/^ thot if r>Q-n hv vicnrnna !
action be greatly lightened and made I
to square with the actual conditions!
of supply and demand. Some of the
methods by which these prices are
produced are already illegal, some j
of them criminal, and those who em- j
ploy them will be energetically pro- j
ceeded against; but others have not
yet been brought under the law, and j
should be dealt with at once by leg- j
isl-ation.
i
I need not recite the particulars of
this critical matter; the prices demanded
and paid at the sources of i
of +V10 -fopfnrv in t.ViP "food
j c* V bliv xwwvfc j j ? .
market, at the shops, in the restau- j
rants and hotels, alike in the city and
in the village. They are familiar to \
you. They are the talk of every do- j
mestic circle and of every group of:
casual acquaintances even. It is.
matter of familiar knowledge, also,!
that a process has set in which is like-!
ly, unless something is done, to push !
* J 1 - 1- - 1 - i. !
prices and renis ana xne wnoie cust.
of living higher and yet higher, in a ;
vicious style to which there is no logi- |
cal or natural end. With the in-1
crease in the price of the necessaries
of life come demands for increase in ,
wages?demands which are justified '
if there he no other means of enableing
men to live. Upon the increase
there follows close an increase in the ;
price of products whose producers!
have been accorded the increase?not j
a proportionate increase, for the man- j
"w nrtf pnnf.pnt. himself
UWC AiVW VV?*?vuv
svith that, but an increase consider- j
ably greater than the added wage j
cost and for which added wage cost'
is oftimes more than an excuse. The j
laborers who do not get an increase'
in pay when they demand it are likely '
to strike and to strike only makes \
matters worse. It checks the railways
it prevents distribution and strips
the markets, so that there is presently
nothing to buy, and there js another
excessive addition to prices'resulting
from the scarcity.
Work of Executive.
?% ? AT/?AC TlTlfV)
1 HCdC <L 1C iatuo anu ivivvm ?? av4*
which we have become only too familiar;
but we are not justified be-j
:ause of our familiarity with them or
because of any hasty and shallow
conclusion that they are "natural"
and inevitable in sitting inactively by
and letting them work their fatal results
if there is anything that we can
3o to check, correct, or reverse them.
# I
[ have sought ?,his opportunity to in- 1
form the congress what the executive
:s doing by way of remedy and con- j
;rol and to suggest where effective
egal remedies are lacking and may
3e supplied.
We must, I think, frankly admit
;hat there is no complete immediate
*emedy to be had from legislation
ind executive action. The free pro-'
.'esses of supply and demand will not
>perate of themselves and no legislate
or executive action can force i
hem into full and natural operation
intil there is peace. There is now
leither peace nor war. All the world
s waiting?with, what unnerving
'ears and haunting doubts who can
idequately say??waiting to know
vhen it shall have peace and what
dnd of peace it will be when it comes
?a peace in which each nation shall
nake shift for itself as it can, or a
3eace buttressed and supported by
;he will and concert of the nations
;hat have the purpose and the power
to do and to enforce what is right.
Politically, economically, socially the
svorld is on the operating table, and
it has not been possible to administer
my anaesthetic. It is conscious. It
aven watches the capital operation
under which it knows that its hope of
healthful life depends. It can not
think its business out or make plans
or give intelligent and provident direction
to its affairs while in such a
case. Where there is no peace of
mind there can be no energy in en-'
TVior<? can he no confidence
UCaYUi. AAAV4.V
in industry, no calculable basis for j
credits, nor confident buying or sys- 5
tematic selling, no certain prospect of '
employment, no normal restoration!
of business, no hopeful attempt at1
reconstruction or the proper reasem-!
bling of the dislocated elements of
enterprise until peace has been established
and, so far as may be, guaranteed.
Great Change Comes.
li-fo Vine no doubt
UUI llettiunai nxv *A??W _
been less radically disturbed and dis-'
membered than the national life of
other peoples whom the war more
directly affected, with all its terrible
ravaging and destructive forces, but
it has been, nevertheless, profoundly
affected and diarranged and our in
dustries, our credits, our productive
' capacity, our economic processes an
inextricably interwoven with those
of nations and peoples?most inti
| mately of all with the nations anc
peoples upon whom the chief burder
and confusion of the war fell anc
I who are now most dependent upor
! the cooperative action ol the world
[ We are just now shipping more
goods out of our ports to foreigr
markets than we ever shipped before
?not foodstuffs merely, but stuffs
and materials of every sort; but this
is no index of what our foreign sales
will continue to be or of the effect
the volume of our exports will have
on supplies and prices. It is impossible
yet to predict how far or how
long foreign purchasers will be able
to find the money or the credit to pay
for or sustain such purchases on such
a scale; how soon or to what extent
foreign manufacturers can resume
their former production, foreign
farmers get their accustomed crops
from their own fields, foreign mines
resume their former output, foreign
merchants set up again their old machinery
of trade with the ends of the
earth. All these things must remain
uncertain until peace is established
and the nations of the world have
concerted the methods by which normal
life and industry are to be reA
11 fUof ttrq cV>oll a in
oLUICU. All tJiai/ vy ^ onuxi uuj 111 wiiv
meantime, to restrain profiteering
and put the life of our people upon
a tolerable footing will be make-shift
and provisional. There can be no
settled conditions here or elsewhere
until the treaty of peace is out' of
the way and the work of liquidating
the war has become the chief concern
of our government and of the other
governments of the world. Until then
* *ii
business win mevnaDiy remain speculative
and sway now this way and
again that, with heavy losses or heavy
gains as it may chance, and the consumer
must take care of both the
gains and the losses. There can be
no peace prices so long as our whole
financial and economic system is on
a war basis.
Indecision in Europe.
Europe will not, can not recoup
her capital or put her restless, distracted
peoples to work until she
knows exactly where she stands in respect
of peace; and what we will do
-- 4-Via nnoofinn nnnn
13 1UI tin U1C Llli^x v^uwovivu u|/v?4
which quietude of mind and confidence
of purpose depend. While
there is any possibility that the peace
terms may be changed or many be
held long in abeyance or may not be
enforced because of divisions of opinion
among the powers associated
against Germany, it is idle to look
for permanent relief.
But what we can do we should do
and should do at once. And there is
a great deal that we can do, provis
ional thought it be. Wheat shipments
and credits to facilitate the purchase
of our wheat can and will be limited
and controlled in such a way as not
to raise but rather to lower the price
of flour here. The government has
the power, within certain limits, to
regulate that. We can not deny
wheat to foreign peoples who are in
dire need of it, and we do not wish
to do so; but, fortunately, though the
wheat crop is not what we hoped it
would be, it is abundant if handled
with provident care. The price of
wheat is lower in the United States
than in Europe, and can with proper
management be kept so.
By way of immediate relief, surplus
stocks of both food and clothing
in the hands of the government will
be sold, and of course, sold at prices
at which there is no profit. And by
way of a more permanent correction
of prices surplus stocks in private
hands will be drawn out of storage
and put upon the market. Fortunately,
under the terms of the food control
act the hoarding of foodstuffs
can be checked and prevented; and
they will be, with the greatest energy.
Foodstuffs can be drawn out
of storage and sold by legal action
which the department of justice will
institute wherever necessary; but so
soon as the situation is systematically
dealt with it is not likely that the
courts will often ,have to be restored
to. Much of the accumulating of
Vioo T-i/-Irnihf- hppn nne t.o the
OtVV. AO liuo 11 w v* vv* w wv. - ?
sort of speculation which always results
from uncertainty. Great surpluses
were accumlated because it
was impossible to foresee what the
market would disclose and dealers
were determined to be ready for
whatever might happen, as well as
eager to reap the full advantage of
*? ? nnu ? nnnr cna
rising prices, xucy win uuw occ mc
disadvantage, as well as the danger
of holding off from the new process
of distribution.
Stocks and Prices.
Some interesting and significant
facts with regard to stocks on hand
and the rise of prices in the face of
abundance have been disclosed by the
inquiries of the department of agriculture,
the department of labor and
- - * ?J- nr?u?..
the lederai traae cuuniuasiuu. xuc,y
seem to justify the statment that in
the case of many necessary commodities
effective means have been found
r j
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i Out of Fix? 1
!l !
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I PURE DIGESTIVE AROMATICS WITH
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Nothing like it for renovating old
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Bottled and guaranteed by the cele
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i
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! Distributors for Newberry. i J
1 !
i i
Afte? you eat?always take
FATONIC
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Instantly relieves Heartburn, BloaN i
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i
WHY WOMEN i
SUFFER !
t |
( j
j Bome do it from Ignorance: some I
from carelessness: some in a spirit j
of martyrdom and some from a
mistaken sense of duty impelling
| them to go on sacrificing them
** 4.1 I
Beives ior omers, llulu laic/ umy i
In their tracks".
Thousands of women have learned i
better; have found out that it's j
wrong to suffer from the peculiar j
ills of womanhood; because they !
need not do it.
STELLA VTTAE, the old-time "Wo- !
man's Relief" "Mother's Cordial" |
has been helping the women of j
the South to health and happiness j
for half a century.
It is the prescription of a famous |
old Southern doctor and has proved
successful with thousands of wo'
men and young girls.
STELLA VITAE is compounded In
the laboratories of the Thacher
Medicine Co., Chattanooga, Tenn.,
and sold by all druggists at a mod"wna
MftTlOff rofiin<lA(l if
CidlC AUV/UV/ A
the first bottle fails to help.
PALPITATION OF THE HEARTI
The experience of a woman
who has successfully passed the
"changes" Is valuable. This lady
tells of the "bridge that carried
her over."
"I was in a most wretched condition, at I
that most critical time in a woman's life,
'the chjnjro.' I had palpitation of the heart
and would swell and bloat in a rcry distress- |
tng w.iy.
"I took fire bottles of STELLA VITAE,
and 1 am happy to say that it cured me.
When I bctr-in i weighed only 10S pounds.
I now wciijh 135 pounds."?ilrs. E. V
j Russell. N. (J. I
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Phone 348 Box 247
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Both the Goodrich Fabric
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Buy Goodrich Tires at tl
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