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Olean Evening Herald (Newspaper) - January 23, 1922, Olean, New York FULL LEASED WIRE SERVICE OF THE ASSOCIATED PRESS Ofccw THE WEAJHERs Generally tonight und Tuetdny; cooler In tbt cut and south portion tonight; frcoh westerly winds 'cjcomlnj variable. VOLt'ME XLIII. TWO CENTS) ULEAN. NEW YOKK MONDAY EVENING. JANUARY TEN PAGES NUMBER 19D OLEAN'S CBMBIMI Says Farmer Must Be Assured Generous Supply Of Working Cap la! On Reasonable Terms OPENS AGRICULTURAL CONFERENCE Evening Herald Secures Accurate Report on Local Conditions Indicating That Olean Fares Better than Other Cities. IRISH CONVENTION ADOPTS RESOLUTIONS CONDOLENCE (By The Associated Press) PARIS, Jan. of condolence over the death of Pope Benedict were passed by the World Congress of the Irish raco Immediate- ly upon its assembling-here today. Taking up the questions before It the congress considered and passed a resolution depreciating "the vin- dtctiveness of Great Britain in re- 'tainlng Irish prisoners in British alls." Enoch MaxSon Southsider observed 100th anni versary of his birth on Sunday, January 15. Industry Is More Vital Than Any Other; In Which Nearly Half The Nation's Wealth Is Invented, Can Be Belied Upon For Good Seemi- ties And Certain Returns (By Associated Pren) WASHINGTON, Jan. opnent of a thorough code of law and business the proper -machinery of finance ,to as- the farmer as generous a sup- ply of -working capital on as terms as is granted 'to other industries was advocated here today by President Harding in opening the National agricultural conference. "An he said, "mbM vi- tal than any in which icar half the nation's wealt is invested can be relied upon for good, securi- ties and certain Declaring that in the matter of what may be called fixed investment eapital the disadvantage cf the farm- er so impressed public opinion that the federal farm loan board was es- tablished to meet the need, the presi- dent said the farmer' still some piovision for supplying" lira With working capital. "Compared with other he continued, is that agriculture thus deprived of sssy access to both investment and accom- modation capital has prospered even Lines on which financial support sgriculture may be oragnized. he are suggested in the plan oJ'the federal farm loan board arid in those rural finance Bcoietien which have been so effective in some Europeans countries. "The co-operative loaning associa- tions of Europe have been effective incitives to united" action by farm- he continued, "and have led them directly into co-operation in both production and marketing which have contributed greatly to the stab- ilization and prosperity of agricul- Wtether these organizations are considered as means of buying the farmers' requirements 'in a cheaper market, the president asserleu, or to celling hjs products in a more remun- erative one, "the conclusion in all cases is the same; t that the farm- er is as good a business man as. any other li he has the chance." "If the mortgage indebtedness of farms snows, over a given a irarked tendency to inccase, the fact becomes occasion fo ho said. "If, during the same period the rail- roads jr the great industries control- led by corporations ind i n v iselvcs (Continued on Page Ten.) Relative To Negotiations Boundary Between Ireland's Discordant Sections (By The Associated Press) BELFAST, Jan. im- portance is not attached to state- ments issued by Michael Collins and Sir James Craig relative to their ne- gotiations regarding, a boundary be- tween heretofore discordant sections of tlie island. The Northern Whig, a unionist organ, while taking this The Evening Herald has undertak- en to secure an accurate report of the industrial situation in Olean, be- lieving that facts are far better than rumors even though sometimes they may not be of a pleasing nature. From all information that can be gathered respecting the industrial situation in other cities, particularly those nearest to Olean, the conclu- sion is reached that conditions are better here than elsewhere. Brick Industry Olean has some shops that report working at full capacity, others that are running from-50 to 90 per cent anil still others that are nearly or quiet shut down. These latter include the Sterling Brie company and the Al legany Valley Brick company. It is understood that the Sterling Brick works plans to start next week at full capacity and the Allegany Valley works are expecting to "open up a little later on. titter Pipe Factory The Utter Pipe factory, one of Olean's best industries, reports hav- ing enough orders to run through 1922. The factory is now running at normal capacity and plans to em- ploy 40 or BO girls and boys In the somewhat. It is stated that the company is expecting some large or- ders, but that there is nothing def- inite about them. Van Atta Company The E. 13. Van Atta company, manufacturers of hydraulic and oth- er presses, has been running short, hut is now receiving some orders and the report comes from their offi- ces that the future looks goods. Machine. Shops The other machine shops Includ- (Continued on Page Five.) next 30 days. The factory has been running 18 years in this city and re- ports that it has never shut down a single day. leather Industry The leather business seems to be rather hard hit, yet a most optimis- view, admits it hopes ttfe agreement tie report comes from the England is a harbinger of peace and says thatp the lifting of the boycott of Nor- immense tannery Is running at full them Ireland by the Sinn -Feiners capacity and the manager stated to- will be a step in that direction. day that the future looks very good. "The'bitterness engendered by the Th'e "Kistler "Leather "company "is pastx three years will not at 50 per cent capacity and in a the newspaper "but [reports difficulty In getting hides. It should-he the earnest endeavor of j They say, however, that they expect everyone desirous of peace and good .to be running at full capacity in a will to work toward such an couple of Months. At the Empire Real peace is worth ginning and must won." Commenting upon the agreement the Irish News says: "The attempt to dissect Ireland has failed and wise men who have recognized that fact are laying the foundations of reunion. Che agree- ment plainly has been framed to lead to better things, and should clarify the situation for all nation- alists in the six counties of Ulster. It is their duty to devise a more suitable method of preserving and advancing their material Interests than the curious ineffective method of doing nothing." tannery the repoit comes that-thty are running 75 pe cent and expect to continue at about that rate for some time. Clark Brothers Clark Brothers shops a're running light. This big manufacturing con- cern depends almost entirely on the umber and oil business, manufactur- ng complete saw mills, pumping sngines and the like. The lumber and oil business is rather quiet al- though the latter Is picking up Sons And Daughters Of Old Ireland fflsei To PfoMe Ecwiic Ife's (By The Associated Press PARIS, Jan. repre- senting'20 countries, including the United States and South America, were present at the opening session cf Inn world conference cf the Irish race today. The ptirpoFc of the meeting was lo promote the economic Interests of Ireland and the interest In Irish art throughout the world. Informal sessions were held on Sat- urday, bnt the lirst business meet- ing was fixtd for this forenoon. Politics religion were barred from program. (By The Associated PreM) DUBLIN, Jan. with the agreement reached between Michael Collins and Sir James Craig, the premier of Ulster, relative to the boundary between North and South Ireland was today by the Dublin Independent "it is a great and decided advance toward Irish the newspaper and this advance is all the greater because an agreement was scarely hoped lor at this early stage ot the negotiations. Since so much has been accomplished, it is loo much lo hope that greater and more vilal agreements will lollow future con- ferences? FERRY FREES HERSELF
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