Salt Lake Herald-Republican | 1918-08-04 | Page 37 | Potash is Not So Essential, is Declaration

POTAsH IS NOT SO ESSENTIAL IS DECLARATION Li I I 1 f German Propaganda Largely Largel 4 f for the Need fc 1 17 Farm i to the caption Potash as a a. Fer- Fer Uner the ti tho by Germans Germana Eu H Street Journal Ba says 9 S. S Br Bradley dley chairman ohl of ot the thed I d bard of ot directors o 0 of tho the American Ag- Ag corporation says ay there Is no Better r illustration of ot the Influence of oi propaganda than the opinion held heM by the American pub pub- j b- b f f. f to the value ot of potash as a ferI fer- fer jIe a 5 1 I iii- iii For 11 many nany an years before tho the thour SI t war ur h he says sas the tho German Potash s ayn- ayn y n 5 expended millions ot of dollars in hi inthis cate t. t country In booming tho the potash this our farmers became obsessed with the l kC Idea e that potash ex- ex JS m magical i H influence on onn tn nn n crop rol tn In n L December 1917 1 Professor Roth floth I 0 0 the university was as j the claim that America tJ eJ 3 as 11 i In order to secure id M entered tero the war the potash deposits o 0 of Al acc as aR Amer- Amer II Jean cro crops would be bo in perpetual f erdY rd potash sh If I Since 1914 the t St States s has been been unable to Import potash pot from Germany Ger Ger- roan many and antl as 15 we- we have produced but a amail mail fraction of ot the amount normally normal agricultural purposes purpose fertilizers used for tor ers era ha have hae e contained little or no rio potash I This Is especially true of oC the last st two eau and yet et this country has In sight today the thc largest crops over ever produced In her while Germanys Germans crops crop tare are from nil all 01 account accounts t far r below bolow their normal yields before the tho war ar though he has doubtless used excessive quantities quan Quan- titles of ot potash pota h in an effort to mini mini- the effects of t the thc dearth of f Other countries also have hae grown crown Irown normal crops since tha war without the use of or potash r. r This emphasizes the the fact tact that phosphate pho- pho phate acid In the form rom of cit Is far tar more Important to crop production than potash as was wa long ago demonstrated In this country countr when p fertilizers were used successfully suc suc- c for over twenty years ears before boore bo- bo fore ore the advent of ot potash Germany Germ has no mineral phosphates with wih which t to to make being dependent dependent dent ent upon the United States Al Algeria erla and Tunis for tor her supply of ot this basic lc raw raw material X While Whilo potash I is valuable s 's as ts a fer- fer for strengthening the stalk an and Improving tho the quality of omo crops phosphoric acl acid is tho the essential doment elc- elc ment ent for the production of ot the grain arid and fruit of ot all al crops Germany needs our pho phosphates far tar more than we e need her potash and antI the longer loner the war Tr lasts the thc more I anxious he will wJ be to tc get our phosphates phosphate In for tor potash Ae As to our production of potash I see t but little encouragement at present for tor forthe the belief belef that the tho United States will wi eventually be le able to produce her own normal supply unless deposits of actual t t. t L potash salts should bo be discovered Int in inI I I this country countr which Is la b by no means im- im t K probable r WEEKLY FINANCIAL IX REVIEW New York Au Aug 3 Stagnation was the overshadowing feature of or the week In the stock market operations falling to the smallest total of tho the year ear Prices were ere firm in the main though po o material change chanse was recorded in Important instance and the policy of ot the gov- gov OV ment meat policy toward the railroads al in constituted the principal causes ch ch made for tor restraint Reports t administration nUL may soon noon announce an an- flounce a schedule of ot war taxes ranging 0 from rom 60 co to SO per cent were curr current nt In the financial district Hol Holders ers of railroad securities were ere clearly exercised at the further delay on n the part of ot the federal authorities In determining an equitable plan guaranteeing guaranteeing guar guar- rentals and stability of ot divi divi- Transportation shares were Irregular IrreGular or heavy when at all al quoted and signs of or recurrent liquidation in mod- mod crate eato volume were not lacking Th Tho Inspiring war news served to ef- ef est leot a n measure of ot equilibrium together wih with the extremely favorable statement of ot the toe United States StatoR Steel corporation and the good annual re ro- ro tort port pOr of ot the Southern Pacific company in neither case however howe was there ther more than languid languM response Activity o of pools diminished visibly Ibl v s as a 0 result of ot the warnings is- is Sued by local al banka a against excessive e p Pc 1 a t tl I on Call mo money mone y wa was WS nominally lower ac actually ac- ac holding at tho the long continued v rates Of 6 E to c G per ler or cent lonG Time funds were limited to renewals of loans for small amal amounts amount all aU at o 6 per coat cent For- For elJ f. f exchange has become merely per per- by reason of an extension of ot international regulation