Bisbee daily review., 1911-08-18
CIeWS On The Market

New York.-The pivotal element inl business and financial circles just now is the harvest Wednesdays govern ment report was something of a disap- pointment. inasmuch as it indicated a wheat crop of 30,000. 900 bushels less than a year ago and a corn crop of 500 .000.0o0 bushels below last year. This is probably the worst that can happen. and there is good reason to ae- cept this estimate with reserve. Since these returns were made there has been considerable improvement n the crop situation, and while iL weFia now be foolish to af
 wheat and corn crops
 still the situation is by no means serious and the harvest of these two important crops is quite likely to reach the average. There is every reason to anticipate a very fair yield of corn and the deterioration of 50o,000,0O0 bushels is not going to prove a very important matter. especially as some portions of the country have consi- derably increased their aCerage in this cereal Nor is the loss in oats so grave a matter since the automoblie has so largely superseded the horse, Some compensation for shrinkage in the cereal crops will be found in a larger cotton crop. The price of the latter has fallen in consequence; and in view of the large yield results lt should prove satisfactory to the grow CT and prove an immense beneht 70 the country through the heavier ex- ports of this staple which will inevi- tabiv follow a good yield. For some time past the cotton trade of tAe world has been seriously interferred with by the excessive price Of cotton, and this great industry should receive much benefit by a return of cotton 10 a more normal level At home the cot ton goods industry has been further embarrassed by tariff agitation, and would be most welcome to all coneer- ned.
 No Harmful Effect.
 Upon general business the present crop situation can have no harmful effect Of course, large yield of corn, wheat and oats would have been very beneficial and was much desired; vet the fact that we are now almost sure of average crops at good prices assures good business conditions dur ing the next few months. The most serious interference with business al present is the disturbed conditions of politics. Industry has been much de pressed by continued fruitless tariff agitation and congressional inyestiga tions of industrial corporations. There is no prospect of any genuine tarin action being taken this summer. The sooner congress adjournes, therefore and stops taking the better for itsei and the people of the United States Congress is getting upon the business mans nerves by it's open incorporate ,i,r-,ssii7iz -s:h business matters. which it doesn't or cant fully understand The country needs a rest from use less and injurious agitation. Investi cations, which serve no purpose ex cept to bring ambitious congressme1 into notoriety, have done much to re tard a recovery in business which was certainly due and really promised tc develop. It is perfectly true that some of our big corporations are deserve dly suffering from misdeeds of the past, but that is no excuse for the threatened attacks which are beins made upon all forms of business or ganizations It should be recognized that the abuses of the past are beinl gradually but surely remedied; ana that time and delicate treatment art required for the removal of many o these ills, which will neyerbe repeat ed. Business men are tiring and dis gusted at sCch per-
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