May 1, 1921 



THE INDIA RUBBER WORLD 



NEW YHKK. 



553 



•CaO 



W-[^ 



Reg. United Slates Pat. Off. Reg. United Kingdom. 



Published on the 1st of each month by 



THE INDIA RUBBER PUBLISHING CO. 



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HENRY C. PEARSON, F.R.G.S., Editor 



Vol. 64 



MAY I, 1921 



No. 2 



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TABLE OF CONTENTS ON LAST PAGE OF READING 



GOOD GOODS AND EXPORT 



AUTHijRiTiES are agreed that America must soon re- 

 gain and even extend its European trade, not merely 

 that manufacturers may find an outlet for surplus produc- 

 tion, but in order that American labor may be kept 

 employed and the American standard of living may be 

 upheld. Our international experts do not concur in 

 opinion as to how trade resumption with Europe may best 

 be effected. Some of the methods suggested are: An 

 exchange of merchandise not unlike primitive bartering, 

 extending credits and acceptances over a long term of 

 years, making loans on foreign factories, and supplying 

 cotton and other raw material to mills in war-torn coun- 

 tries to be made up into finished goods for sale here or 

 abroad ; and all in the hope of overcoming the money 

 shortage and adverse exchange. There is still something 

 else that America must do to retrieve and retain the 

 great trade of Europe, and that is, as Secretary of Com- 

 merce Herbert Hoover has so strongly emphasized, it 



must meet its rivals in foreign markets with goods of 

 unquestioned quality. 



With regard to the quality of rubber goods exported 

 by the United States, they a-e the same that find a ready 

 market at home, and our people demand the best. Is not 

 this constant claim that American goods are deficient in 

 quality enemy propaganda? 



RELIGION IN RECONSTRUCTION 



HAU\Ev S. Firestone, president of the Firestone Tire 

 & Rubber Co., declares that the remedy for the 

 recent business depression is spiritual rather than material. 

 We must, he urges, not merely practice service and thrift, 

 learn real values, buy necessary things to avert unemploy- 

 ment, and appreciate basic economic laws; but we must 

 also contribute more earnest thought and honest effort 

 to our work, "for only in this way can we keep in balance 

 the three fundamentals of civilized progress — religion, 

 agriculture, and manufacturing industry." 



So remarkable an expression from a leader in Ameri- 

 can industry goes a long way toward dispelling the im- 

 pression that business captains regard religion as a neg- 

 ligible factor. Mr. Firestone is but one of many industrial 

 leaders who feel that it is quite as important for America 

 to take reckoning of its spiritual as well as its commercial 

 assets. Never so much as during the present reconstruc- 

 tion period was there so much need of developing a live- 

 lier moral enthusiasm, a loftier idealism, and a deeper 

 reverence for the true principles of religion. This, with 

 a more practical patriotism, a more intensive efficiency, a 

 wider cultural development, and a more generous appre- 

 ciation of the part played by labor, will solve all problems. 



When President Harding, in taking the oath of office, 

 kissed the Bible, he performed no merely perfunctory act. 

 He but emphasized a fact that some of us may have over- 

 looked in the stress of business, that American civiliza- 

 tion is essentially religious and that to this influence may 

 be directly attributed our great ethical progress and 

 broadening benevolence. It is safe to say that in propor- 

 tion as America cherishes its spiritual inheritance will its 

 best traditions be perpetuated and the National Conscience 

 and the Golden Rule be active and far-reaching forces in 

 our countless activities. 



AS TO COTTON PRICES 



RUBBER MANUFACTURERS were not a little disconcerted 

 last Fall at the virtually unanimous decision of the 

 rubber planters to reduce acreage 25 per cent for thirteen 

 months in order to offset a low. glutted market. Now 

 they have something else, yet of a kindred character, to 

 give them keen concern. It is the practically compulsory 

 restriction of the cotton acreage in the United States to 

 meet a condition not unlike that which has confronted the 

 rubber raisers of the Far East. The time was in the 



