1925-07-24 — Page 6

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U.S. FINANCIER'S VIEW...

BRITONS SHOULD WORK HARDER.

THE CABLE WINS.

BY, GEORGE CLARKĖ, Į

Will the wireless render submarine Mr. Richard D. Wyckoff, na Americabies Dosoletet It has been freely de can financial authority and editor of theclared that the cable is doomed, but the Magazine of Wall-street, who arrived in London recently after studying the fan cial, and industrial conditions of Europe, is convinced that the industrial dirpres sion now 30 Revere in this country ia likely to have a tremendous, reaction throughout the world. ■

To a Daily Mail reporter he said: Men and women in this country are not working hard enough individually. You have your unemployed, it is true, but it is only by every employee who is in work working to full capacity that grea ter employment can be achieved and gren- ter output realised.'

cables. have, nevertheless, found the miles of cable since the war, 20,000 miles capital necessary to iny 32,000 nautical of which were, ordened in 1924. "Transatlantic wireless has bent in ope- ration for nearly eighteen years, in active competition with the cable com panies, and there is not the slightest doubt that Marconi'a world-famous invertion has made itself felt. In 1907, when the arst Transatlantio wireless circuit was installed between Clifden, Galway, and Glace Bay, Nova Seqtin, the working speed was seldom more than ten words Tuinate, and transmission for lengthy 'per Referring to figures showing the in-periods was often impossible owing to port and export trade of Great Britain, atmospheries.” henditled:

Now-a-days, by the use of automatic They tell the tale of slackness in Bri-sending apparatus, direct transmission tish factory-output compared "with that] of France and Germany. I have seen and studied work in those countries, and I am convinced that Great Britain must work bargler, turn out more goods, and strive to regain her old markets and new ones, where her goods are needed to reduce the present industrial depression and to prevent it from becoming a menace to the rest of the world.

Every nation depends upon Great Bri- tain's industrial strength, and that strength must not be allowed to waste

away.

at-a speed of sixty worda per minute be- tween London and New York in some- times possible, and on, shorter circuits, for example between London and Paris, speed of one hundred words per minute is often maintained.

What of the cables? It.is. astonishing that so little notice has been taken of the great revolution taking phes in cable telegraphy. Many improvements naye taken place in sending and receiv in apparatus. and now-a-days the majority of the cables are connected up direct between Loudon and New York:

Liermany is making good industrially by rotary repeating relays, no retrans- fast as every individual worker can mission en rete being necessary. Im make it. Her workers seem to me to be portant cablegrams are transmitted, and patting their shoulders to the industrial the reply received in two minutes, and whare with a great deal more determina-the winner of the Derby is known in tion than the workers in the rest of New York fifteen seconds after passing the European countries.

the whaing post.

MISUSED DOLE...

Alr. Wyckoff believes that Britaio is making a big blunder by continuing the dole. He said:

In recent years the working speed of cables has gradually been increased to fifty or sixty words (300 letters) per minute, maintainable the whole twenty- four hours, winter and summer, but the most important and far-reaching develop- ment is the invention of an entirely new type of cable

This striking investion embodies for the first time is a submarine telegraph cable the familiar principle of "indue- tive loading," which has been accomplish.

A few weeks ago I saw in The Daily Mail an excellent letter suggesting that the dele should be applied to the subsidis ing of industry. That is a very right and proper scheme to adopt, and it is something of a mystery to most people in the realm of international commerce.ed that such a plan has not been long since put into force.

I believe, as all people do both in the United States and on the Continent, that your lenders of industry would be ready to meet the greater factory output at cuing from harder individual work with a considerably greater expansion of marketing.

:

¦

in this instance by wrapping the copper conductor of the cable in a thin tape of a new metallic alloy, known as

Permalloy," which makes possible u speed five times that of any existing cable today. The frat cable of the new type was laid this spring between New York and the Azores, and is operated at a speed of 1,500 letters (300 words) per: minute Laboratory research has result- Far fewer people are now permitted a ed in still further Improvement, and an. eater the United States and the different other now cable to be his next spring British Dominions in worth of work, between London and New York vid New- and, sooner or later, those avenue, offoundland, now being manufactured, will employment abroad will not exist at all, owing to the increasing population among those who have already established

themselves.

There is another aspect-that of science and research in industry, which are swiftly making old industries obsolete. In the United States coal is rapidly being superseded by fuel oil.

Even the large hotels, offices, and houses there are burning fuel oil instead of coal for their beating, power, and illumination It is far cheaper, not so messy, and saves labour.

Electrificatiba is another factor that) industrialists have to consider," and the workers themselves must also note the stride it is making if they are to survive in the straggle of competition.

Sooner or later the world will come. qut of its depression; but for the time being it is a rather painful process,

MODERN WOMAN.- DOCTOR'S TRIBUTE TO HER

INFINITE VITALITY. "

SILK THE SECRET,

It used to be said that men were "too old at 40.":

Now.comes a doctor who declares that

at 40 the modern woman~~~

Looks 20.

Plays golf and tennis by day.

Jazzes far into the night,

Is first down to breakfast, and with

out the temper of a bear.

The author of this and other tributes to modern women is Dr. Percy Hall, who is, actino-therapist at Mount Vernon Hos pital, London.

Last month be aldased the Women and Public Health section of the con gress of the Royal Institute of Public Health, which was being held," appro- priately, at "Dr." Brighton,

Neves have, the gentler sex been so healthy nor so attractive as they are to day," said Dr. Hall”.

Ageneration ago the woman of 40 was an old lady, who wore voluminous flannel petticoats and a shawl across her shoulders while she sat by the fire and crochette l

To-day the woman of 40′′-and be rolled of the tale of her activities as given abov

THOUGHTLESS CHANCELLOR.

"She is emancipated both in body and mind, zad appears to have captured the veritable elixir, öf eternal youth," be went on.

What has she done? Simply cast away thos: superfucus clothes. Wearing silk next her skin, shört skirts and clothing low in the, nick allows more light artd. fair to get to her body.

As a direct consequence, sho' bas achieved youth, beauty, and health.

And yet the first act of a Conserva tive Chancellor of the Exchequer is to put a duty upon silk and artificial silk. These permit the rays at the violet end of the solar spectrum to pass through.

By bis, thoughtless action the Chen- cellor of the Exchequer has dealt a blow against the health of the fair ser. feel assured that he will bave cause both to repent sad relent.”

not only have a transmitting speed of 9,500 letters (300 words), per minute, bat may also be subdivided into several channels

In face of this remarkable cable de velopment the advantage for the mo ment would appear to be with the cables, on account of speed, regularity; and secrecy; lack of seervey is one of the admitted drawbacks to wireless, even to- day,

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