February i, 1910.] 



THE INDIA RUBBER WORLD 



159 



Published on the 1st of each Month by 



THE INDIA RUBBER PUBLISHING GO. 



No. 395 BROADWAY, NEW YORK. 

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HENRY C. PEARSON, 



EDITOR. 



HAWTHORNE HILL, 

 ASSOCIATE. 



Vol. 41. 



FEBRUARY 1, 1910. 



No. 5. 



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TABLE OF CONTENTS ON LAST PAGE READING MATTER. 

 THE COUNTRY OF TO DAY. 



THIS term doubtless is applicable to the United 

 States as to no other country. There are countries, 

 like South Africa and the Amazon valley, which may 

 reach a state of development in a relatively near future, 

 of which present conditions suggest only possibilities. 

 There are countries — it is needless to name them here 

 — in which exists a fixed order of things which brooks no 

 change in a generation, if in a century. Still other 

 countries, based upon solid foundation, financially and 

 politically, are prevented by a matured conservatism from 

 doing anything today radically different from what was 

 done yesterday, and yet which keep pace with the uni- 

 versal progress of the human race in making this planet 

 serve its needs and its pleasures. 



The United States, however, seem to exist in a class 

 of their own. Founded by strong, brave men from every 

 civilized nation, the American nation has inherited the 

 principles of conservatism without being wedded to 

 particular forms in government or business. On the 

 other hand, being the newest of great nations, and con- 

 fronted from the beginning by unique problems, the 

 United States and its people have not yet lost the habit 

 of doing day by day what seems for their present good, 

 without a too rigid regard for precedent. 



These lines, penned in an office on Broadway by an 

 American citizen, appear here in no spirit of boastfulness. 

 Thev represent rather a careful attempt to portray certain 

 characteristics which are making this the world's first 

 industrial nation. The weakling nation of the days of 

 General Washington, who never heard of Japan and knew 

 Russia only as a name, has grown to a stature which 

 entitles it to be considered in world politics, with 

 responsibilities involved which cannot be ignored by the 

 statesmen at Washington city. This growth has been 

 promoted to a very great extend by the industrial 

 American, which fact is to-day recognized in every 

 branch of the government. 



The India Rubber World regrets lack of space in 

 which to reproduce the recent communications to the 

 Congress by the President, which indicate his recogni- 

 tion that business lies at the foundation of the national 

 structure — that, apart from their individual business, the 

 citizens of the United States, are each and every one 

 shareholders in one vast corporation, and their chosen 

 officers are comparable to a board of directors charged 

 with promoting the general prosperity. 



In calling this "the country of today" we mean that 

 it is the country of present opportunity, illustrated in no 

 sense more fully than in the development here of the 

 india-rubber industry. Leaving everything else aside, the 

 growth of the rubber factories proves our contention. A 

 few years ago a few lines in these pages chronicled the 

 formation of a $50,000 rubber manufacturing company — 

 a small affair indeed. Today it is capitalized at 

 $10,000,000, on which amount it pays substantial divi- 

 dends. The record in The India Rubber World of a 

 member of the trade recently deceased was confined 

 largely to two definite mentions. The first related to his 

 becoming a traveling salesman for a factory capitalized 

 at $30,000— say at a salary of $3,000 a year. The second 

 reported his death, when his standing in the trade was 

 such as to command a yearly salary of $85,000 for only 

 one of the positions which he held, and his opportunities 

 had been such as to enable him to leave a fortune 

 expressed in millions. 



The growth of the rubber industry in the United 

 States alone guarantees the future of rubber culture in 

 whatever part of the world it is pursued under proper 

 conditions. It assures the continued profits of rubber 

 production on the Amazon, which long will be a necessity, 

 even in the face of the success of plantations of rubber 

 elsewhere. The stability of crude rubber prices and of 

 the prices of rubber goods in being brought about by 

 such American corporations as one which recently was 

 able to borrow $20,000,000 for its operations, through 

 the sale of "notes" to the best financial institutions in 

 New York. 



The beneficial effects of such conditions will be felt 

 ultimately by the smallest rubber factory in America, and 

 by the large and small concerns in every other country 

 in which rubber goods are made. What is more, doing 

 things in the industrial line on a large scale in the United 



