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Editorial
March 25, 1927
The Butler County Press
Hamilton, Butler County, Ohio
What is this article about?
The editorial highlights the United States' dominant role in global business despite its small size, arguing that uneven prosperity—evident in failing small banks and bankrupt farmers producing essentials—indicates a fundamental problem that could lead to crisis.
Clipping
OCR Quality
98%
Excellent
Full Text
SOMETHING WRONG
With less than 6 per cent of the world's land area, and less than 7 per cent of the world's population, the United States is doing more than half of the world's business.
That is a matter of profound interest. This has become a nation of progress, of great inventions and of unparalleled production and commerce. This means, or should mean, widespread, complete prosperity for all the people. If it does not there is something wrong.
There is something wrong if every human being has not the opportunity to share in this wealth and prosperity. There is something wrong when thousands of small banks are failing because of the sad plight of the farmers of the United States-the producers of the necessities of life.
There is something wrong when the cotton raisers and the wheat producers and the wool growers and the food makers are reduced to the point of bankruptcy and failure.
This is not a grouch, a grumble or a groan. It is a statement of conditions as they exist today. They can not exist a great while longer without something unpleasant following. Pendulums do swing, and this one is reaching up to a high point in one direction.
With less than 6 per cent of the world's land area, and less than 7 per cent of the world's population, the United States is doing more than half of the world's business.
That is a matter of profound interest. This has become a nation of progress, of great inventions and of unparalleled production and commerce. This means, or should mean, widespread, complete prosperity for all the people. If it does not there is something wrong.
There is something wrong if every human being has not the opportunity to share in this wealth and prosperity. There is something wrong when thousands of small banks are failing because of the sad plight of the farmers of the United States-the producers of the necessities of life.
There is something wrong when the cotton raisers and the wheat producers and the wool growers and the food makers are reduced to the point of bankruptcy and failure.
This is not a grouch, a grumble or a groan. It is a statement of conditions as they exist today. They can not exist a great while longer without something unpleasant following. Pendulums do swing, and this one is reaching up to a high point in one direction.
What sub-type of article is it?
Economic Policy
Agriculture
What keywords are associated?
Economic Disparity
Agricultural Crisis
Bank Failures
National Prosperity
Farmers Bankruptcy
World Business
What entities or persons were involved?
United States
Farmers
Small Banks
Cotton Raisers
Wheat Producers
Wool Growers
Food Makers
Editorial Details
Primary Topic
Disparity Between National Economic Success And Agricultural Distress
Stance / Tone
Critical Of Uneven Prosperity Distribution
Key Figures
United States
Farmers
Small Banks
Cotton Raisers
Wheat Producers
Wool Growers
Food Makers
Key Arguments
United States Conducts More Than Half Of World's Business Despite Small Land And Population Share
National Progress And Production Should Mean Widespread Prosperity For All
Something Wrong If Not Everyone Shares In Wealth
Small Banks Failing Due To Farmers' Plight
Farmers Producing Necessities Are Nearing Bankruptcy
Current Conditions Cannot Persist Without Unpleasant Consequences