Imágenes de páginas


ST. LOUIS, MO., E. H. Boehnken, Mgr.

62 Hampden Street .30 South 16th Street

ST. PAUL, MINN. (Crane & Ordway Co.), L. P. Ordway, Vice-Pres. and Treas.

ST. PAUL, MINN. (Up-town Show Room). SYRACUSE, N. Y., C. B. Porter, Mgr. TACOMA, WASH., S. J. Ball, Mgr.

TERRE HAUTE, IND., E. W. Miller, Mgr. TULSA, OKLA., N. E. Bleuler, Mgr..

WASHINGTON, D. C., C. P. L. Moran, Mgr..

WATERTOWN, S. D. (Crane & Ordway Co.), Clyde Avery, Mgr..
WICHITA, KAN., C. Philipp, Mgr..

WINONA, MINN. (Crane & Ordway Co.), A. W. Doerer, Mgr.

ABERDEEN, WASH., H. F. Allison..

AURORA, ILL., H. H. Grubbs...
DENVER, COLO., A. B. Stiles..
FT. WAYNE, IND., F. K. Hinchman.
JOPLIN, MO., C. A. Baer...

MOBILE, ALA., J. M. Shackleford.
NASHVILLE, TENN., E. W. Bettinger.
NEW HAVEN, CONN., A. S. Domonkos..
NEW ORLEANS, LA., U. H. Groenlund.
NORFOLK, VA., F. E. Conrad.
PITTSBURGH, PA., T. K. McKnight..
PORTLAND, ME., Geo. W. Paul...
ST. JOSEPH, MO., J. B. Teachnor.
SAN JOSE, CAL., F. C. May..


SPRINGFIELD, ILL., H. B. Strickland..

TOPEKA, KAN., F. L. Motch..


283 East Fifth Street 55 W. Fourth Street 209 South West Street 1209 South A Street .209 Ninth Street 623 East Third Street 1221 Eye Street, N. W. 141 Dakota Avenue 135 N. Water Street 78 West Second Street

408 South Eighth Street Room 35, 10 Downer Place 402 Boston Building

9 Furniture Exchange Building 212 Central Building .502 Hill Building 815 Frisco Building

Lipscomb and Magnolia Streets

Stahlman Building 509 Liberty Building

612 Maison Blanche Annex

118 Brook Avenue

630 Oliver Building

505 Fidelity Building

208 Corby-Forsee Building 257 South First Street

(P. O. Address, Box 247) 414 Merchants Building

WASHINGTON, D. C., E. L. Wilson, Government Department ..

201 J. M. S. Building 602 E. Capitol Avenue 718 Mills Building 1221 Eye Street


TRENTON, N. J., F. W. McIntyre, Mgr. . . .

.46 Escher Street

CRANE EXPORT CORPORATION NEW YORK, N. Y., H. R. Wolcott, Secy., Cable Address, Cranexpoco-New York SAN FRANCISCO OFFICE, J. W. Morton, Mgr., Cable Address, Cranexpoco-San Francisco

PARIS, J. Austin Murphy, V. P., Cable Address, Cranexpoco-Paris..



MONTREAL, QUE. (Head Office and Works,) E. C. Townsend, 2d V. P.,
Cable Address, Cranelit-Montreal.


CALGARY, ALTA., R. E. Doherty, Mgr.

HALIFAX, N. S., E. F. Olsen, Mgr.

OTTAWA, ONT., C. J. Cote, Mgr..

TORONTO, ONT., G. A. Vowell, Mgr.

VANCOUVER, B. C., J. E. McIlreevy, Mgr

WINNIPEG, MAN., H. M. Agnew, Mgr...

REGINA, SASK., F. R. Agnew Mgr..

19-25 West 44th Street

.301 Brannan Street No. 36 Ave. de l'Opéra

1280 St. Patrick Street

11th Ave. & Fifth Street, West New Roy Building .358 Frank Street 88 Terauley Street 540 Beatty Street 93 Lombard Street .1408 Broad Street

LONDON, ENG., Crane-Bennett Ltd., J. E. Bennett, Managing Director,

Cable Address, Spruceness-London....

HAMILTON, ONT., G. O. Rinman.

QUEBEC, QUE., Paul Renaud..


.45-51 Leman Street

11 McNab Street, South Canadian Bank of Commerce Bldg.

SYDNEY, N. S. W., James Wallace, Agent, Cable Address, Cranelit-Sydney..4 O'Connell Street

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SIXTEEN years ago this month the first issue of THE VALVE

WORLD was given to our readers. With this first issue for 1921 we enter upon our seventeenth year as the oldest corporation magazine in the United States that has been consistently and continuously a magazine (not a catalogue or a "plant organ") from the beginning.

We are warranted, by comments from our readers, in the assumption that we have been a constructive, dependable, and helpful agency in our chosen field and we are measurably encouraged by this record to continue along the lines we have traveled thus far with the determination to make ourselves of still greater value and usefulness to the upward of two hundred thousand persons in all parts of the world who have the opportunity to read, if they do not actually read, our publication.

We shall continue to play our full part in all that makes for the well-being of our Country, to serve our readers to the best of our ability, to encourage clean business, to champion square dealing, to demand for every man everywhere the fullest measure of AngloSaxon fair play, to preach a sane philosophy of life, and to make as clear as we can the path that leads to genuine happiness. This in brief is our policy for the new year, as it has been our policy from the beginning.


IMMIGRATION is a problem we have always with us, but it never has presented so many phases requiring our closest study and wisest decisions as it does now, and as it is likely to do for the next few years. The end of the war left the United States the most desirable spot on earth for thousands of the people of Europe whose bitter experiences during the conflict made them eager to get as far away as possible from conditions that had brought so much suffering and misery and that held small hope of immediate betterment.

We have plenty of room in this country for more people. We wish to develop our resources as fully as we can and to contribute amply toward increasing the world's store of things worth while. There is more work to be done than we can do ourselves, much work

No. 1

that we do not seem to be eager to do ourselves. Immigration of the right sort will give us the needed extra help and at the same time build up our citizenship. But it must be of the right sort above everything else. If we do not exercise liberal, far-sighted judgment in the handling of our immigration problem we are most likely to defeat the very object for the attainment of which immigration is desirable.

An analysis of immigration to the United States for the fiscal year ended June 30, 1920, made by the Inter-Racial Council and based on the official report of the Bureau of Immigration, shows that for twelve months at least the movement from Europe was largely of a character to cause us no unusual concern. The net increase for the year was 193,514. Of this total people from the northern countries of Europe from those countries that have given us the best of the foreign element we have been absorbing— contributed 129,708. And of this promising total England, Scotland and Ireland gave us 86,590. That is, approximately two-thirds of the number came here speaking the same tongue as ourselves; and if we add to these the immigrants from France, we have a total of 109,838 coming from countries having a democratic form of government, and thus the more likely to be content with ours.

If our immigration were to continue along such lines, the proportion of promising northern peoples dominating the whole, the problem would be practically free from menacing features. But it is only a matter of time when Russia and other parts of Europe, with millions eager to escape from conditions almost chaotic, will be putting forth their utmost efforts to gain admission to this land. When this movement really begins we shall be face to face with one of the most serious problems of our national history. And our future will depend largely on the manner in which we solve this problem.

There is no question of our right to admit or to keep out any who may apply to us for the privilege of making this country their home. It is a duty we owe not only to ourselves but to our immigrants to see that those seeking admission really wish to make this their home, accepting cheerfully such rules and regulations as we have established, and to turn back from our shores all who cannot assure us as to their intentions. We cannot be too emphatic in letting it be known to the world at large that we have no room here for the alien who is not prepared to become one of us, for the alien who comes to cause disturbance and trouble, or for the alien who by reason of racial or other characteristics is likely to resist indefinitely the assimmilable agency of our melting pot.

To the inhabitants of the world who are eager to accept our democratic form of government as we have it now and as we intend to keep it always, who are ready to come here and diligently seek



the shortest rational way to American citizenship, our doors are wide open, and we must do all in our power to make our welcome of such strangers warm and encouraging.

But to those who would come here to idle and cause disturbances, those who fancy that we offer to the ne'er-do-wells of earth a place of ease and dangerous indolence, those incapable of becoming inspired by the ideals of American citizenship, we must set up a barrier so strong that it cannot be passed. Our immigration slogan should be, in fact must be: Room in abundance for all who would enjoy the privileges and share the obligations of our democracy. Not one square foot for anyone else.



At the time these lines are written only the most venturesome


would hazard a prediction, with any measure of assurance, as to what this new year is likely to bring to us economically, politically or socially, to say nothing whatever of morally. Will we reach a base, economically, during the next twelvemonth that we may reasonably call "normal"-not the old normal, not a normal we ever have known, but a normal that will serve as a foundation upon which to readjust our industrial, commercial and financial affairs so that we may plan with confidence for the future? We do not know. The best we can do is to hope and to use our intelligence and activities in an effort to see our hope realized.

No matter, however, what the uncertainties of the present outlook, no matter what the perplexities immediately before us, no matter what problems we may be called upon to solve, there are a few things not at all speculative, a few things that are certain to be required of us, a few things we must possess and must do before we can reach normal conditions or look with even moderate confidence into the future.

The first thing we must have is common sense, and the first thing we must do is sweat. The task before us is both intricate and hard. To plan the best way for handling it will mean the clearest, most hard-headed thinking we ever have done; and to perform it will mean the hardest work of which we are capable. We can see nothing in the nature of easy, restful spots ahead for any of us until we have made them through hard work, earnest co-operation, level thinking, and thrift.

We may say without reserve that the day is past when we may do little and expect much for it, or when we may sell at a profit much above what is fair and reasonable. If we expect to get as much as we have been getting, or even what we may be getting now, for the work we do, we must make that work produce more. We either must work harder for what we get or be content with less.


This is one of the few things we may be sure of for this year, and for other years to follow.

We are likely to be more anxious to "hold our jobs" in 1921 than we were in 1920, for the simple reason that the jobs will not be so many and there will be many more ready and eager to do them for us. This reflection will tend to make us more energetic, more efficient, more amenable to such rules and regulations as are necessary to the systematic and successful conduct of our business. There will be less time for stretching and yawning when we ought to be working, and we shall find ourselves infinitely the better for it.

We are quite through, let us hope, with our "orgy of spending." The harder we have to labor for our dollars the more value will we place on them and the more carefully will we set about getting rid of them. We shall make our spending more constructive than we have during the last two years. The task alone of building enough homes to give us proper shelter is likely to sober us and to direct our efforts and our dollars into channels of usefulness and conservative investment. More than a million additional homes are needed now in this country to meet the demand or the requirements. Dollars that have been going with the freedom of running water for a thousand and one extravagances and unessentials are likely now to be diverted to the raising of walls and roofs, the sanitary equipping of homes or the swelling of savings accounts.

There are many other things to be done, but these few are vital. No measure of stability, no assured progress, no permanent constructiveness can be achieved without them. The biggest requirement for the new year may be put in three words-work, sweat,



THE year opens with much more "red" in the world's political mixture than is good for us. Russia is still all red and we do not know just how far the disquieting color may spread before that unfortunate country comes to its senses. If we can keep the danger line where it now is while the Russians work out their own salvation, we shall be fortunate, for every yard that line moves westward concerns us vitally.

There is nothing in the doctrine of Bolshevism that can appeal in any way to an American citizen, and there is about everything in it that is abhorrent to us. In an illuminating article in a recent issue of The Saturday Evening Post, Leo Pasvolsky says that "liberalism based upon justice and fair play" is what Lenine fears above all other things. The last thing he wants is real democracy, and the success of his own illiberal and autocratic doctrines lies in his convincing the world that everything save what he advocates has been

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