The San Juan islander. [volume] (Friday Harbor, Wash.) 1898-1914, 1908-09-05
RIISINESS
WEAKENING
, CHICAGO DISPATCH SAYS
PROSPERITY WAVE IS
ROLLING ALONG.
Mills and Factories Reopening,
Money Is Easy and Railroads
p,epare for Large Volume of
Business----Automobile Output
Fought two Years Ahead.

Chicago, Aug. 31-Prosperity, slow
= norhaps. but none the less surely, is
y I'm spreading over the entire coun.
Traces of recent, depression are
' ~ obliterated and men in all lines
e business are working with their
foces toward the light.
interviews with leaders in all lines
E business show that trade is boom
;nc Steel mills, car shops and manu-
factories of all kinds are reopening
with full forces.
interviews with heads of twenty
,,raat railroads may be summarized in
+Lo statement that all expect tremen-
Jons crop movement This, they say,
iii simulate all lines Of business.
With crop funds circulating over the
ortire country, there will follow a
narmanent heavy traffic in merchan-
disc for stocks have been permitted to
RIM to the lowest notch and must be
built up rapidly.
Expect Deluge of Business
The chief concern of the railroad
men now is to get their equipment in
order to handle big business, although
thev say they have foreseen the turn
in affairs and are prepared to meet the
deluge of business.
One of the best indications of return
inc prosperity is the activity in steel.
Mills are booking large orders for
structural iron. Bankers say there is
plenty of money at very easy rates.
Textile mills in the East say their Or
ders are increasing. Manufacturers of
automobiles say their output is bought
two wears ahead Of the capacity of their
manufactures, which is another strik-
inc evidence that money is plentiful.
The election bugaboo is held out
still in many places as deterrent to
business awakening, but w. D. CAN'T
lion. assistant general manager Of the
Chicago & Northwestern railway, ex-
pressed the sentiment of many bust
ness men with the declaration: 1t is
a case of business forcing itself for
ward in spite Of politics.
The lessons of the business depres-
sion. however, have been we'll learned.
Caution and conservatism have super
seeded blind confidence in continuous
prosperity In every branch of bust
ness the new season inauguartes not a
boom. but a return to normal, health
full conditions
Picture of Future Bright
The Commercial National bank, in
its eighth annual report on crops and
general business conditions, sees pro-
nOmced recovery from the unsettled
financial condition which caused the
retrenchment and general uneasiness
in the latter part of last year and the
forepart Of this year, and pictures a
future full of hope and encouragement.
The report is based upon the views Of
1000 bankers and business men in all
sections Of the United States.
After reviewing the unfavOrvable
conditions which marked the final
months of 1907 and the start of the
present year, the statement dwells upon
the improving credit and the activity
IN expansion in almost all lines of
trade and industry.
Farmers Have Plenty of Money
with the harvesting and movement
OF crops and the flow of money into
The hands of the farmers there must
inevitably come general replenishment
OF stocks of merchandise, says the
report. The profits of the year are,
Or soon will be. in hand. and there
Will be strong demand for articles OF
necessity and for luxuries unthought
except after the harvest home. The
process Of restocking stores throughout
the farming area is being generally
counted on to make the fall moths &C
i've and profitable.
A large majority of our correspon-
aents believe that the year 1909 will
Ve Prosperous and active, though not
vi boom scale. The signs indicate
.liat next years trade will be of salts
factory volume in all mercantile lines.
Both Parties Need Money
chicago Sapt Tboro ic on qnh-