The San Juan islander. [volume] (Friday Harbor, Wash.) 1898-1914, 1907-02-23

ton On our books orders that to fill would en-
~ ploy capacity for about year. AND THESE AXE
BEING ADDED TO. The prices received might be
better they fair This demand capacity thus great
notwithstanding we have increased productive facilities about 40
per organization What experience the
generally of manufacturers in their degree and The
Skies NONE OF THEM THREATENING, and the temper of
incline them and
period of depression of year ago might be regarded
house cleaning The commercial enterprises that survived
the ordeal for having passed through successfully and
in fact demonstrated strength passing through WELL Those
which INHERENTLY WEAK, of course, down. Those
which left and thereby made condition of strength
generally In Short better basis than before The gen
era conditions SPECULATIVE they
The financial condition in all ways stable It that
would be somewhat better off there greater ELASTICITY
in currency Money somewhat high Yet think that
chants have much difficulty getting the money they need in
their transactions 1t always point accurately the
for the ngency the high of interest Sngency
unquesonay felt by the banks which under the national law
hold legal The trust companies however, under
such strict requirements They loan practically all their
AND ON LONG TIME conditions which induce deposits with
Them which out long time These facts
account for the high for money.
COURSE BETTER FOR COMMERCIAL PUR
POSES IF MONEY WERE CHEAPER AND SOMEWHAT MORE ALUM
DANT, THERE NEITHER DANGER NOR OBSTRUCTION
THE PRESENT SITUATION. IN THE MAIN THE FINANCIAL OUT
LOOK
Some time ago had
aon Many enterprises of kinds and degrees of value had
been foot The banks loaned literally these until
they found they carrying many of questionable value There
was curtail these loans AND REDUCE
THE VOLUME OF COLLATERALS The result precipi-
tate period liquidation and put end undue
speculation 1t somewhat drastic but be admitted
that cleared the atmosphere 1t certainly did check
undue speculation Its effect bring back financial
to sounder basis Today nanciers will
p the securities of which do values undertake
their promotion This has strengthened the financial condition
OF if there evidence of intention push
confidence strongly shown shaken presentation
of bad laws must be expected The PUSHING OF THEM TO
POINT OF PASSAGE however, the thing The only
cloud IN sight which has darkness think There is an
preheson that something of this kind The apprehension
Is not fright But possible and for
them the fnancer always have eye At present
see nothing give alarm.
Inc revelations of the insurance investigation
ence on finance but not evil influence. THERE CAN BE
NOTHING EVIL IN CORRECTION If matters have been
they should be Far more danger will result TO the
financial structure from wrong than right There NAV be some
temporary inconvenience growing elimination of wrong
and the readunent right methods The discovery of an unba
anced wheel of machinery not mean that the machine
to be condemned to be made Stop the machine take out
the Wheel PUT IN ANOTHER that does its work pronrv and
set Tie machine gong continued usefulness Abuses
and errors should be- they will corrected on their discovery
do not think that the revelations obstructive or DAMAGING
am certain matters will be made better
No3 Do | THINK THAT THE APPLICATION OF REMEDIES
VAN BE TOO FoRcEFuL SHOULD DRASTIC LEcIsl A.
TON FOR ALL THAT is / SEE NOTHING IN THE oIIr
LOOK TO GIVE APPREHENSION.
Is bantering indulgence language of place in
he q houco