The daily Gate City. [volume] (Keokuk, Iowa) 1855-1916, 1911-04-04
The BUSINESS SITUATION.

After comprehensive review OF
the business situation and a careful
analysis OF its salient features the
Christian Science Monitor concludes
that there IS no reason WIZ anyone
should become alarmed or discouraged
over the comparatively quiet condi-
ton Of business that obtains al pres
emf Il says there IS nothing IN
toward in the situation, nothing that
PoTteads future trouble in industrial
or commercial affairs On the con-
trary The quoting of commercial
movements Is q pretty good indication
that there vii be no panic or financial
stress OF any kind Ii is natural
result Q. the endeavors being made
On ali sides 20 bring about a more
normal level Of prices and a lower
cost Of living Economies have been
made IN various lines Of business IN
governmental and domestic sctivity.
and still greater economies must be
made before affairs are propezly a6-
Iusted- Prices OF commodities have
been steadily declining until al pres
eat many necessities OF life are sell
ing considerably haIow the quotations
Of few months ago The Monitor
goes OF 10 sav
Il IS natural n declining market,
Enen prices 81 materials have been
sagglns OF gradually, that manufac-
fars-s should refrain from buying
their supplies N any greater guam
lilies than are actually needed for i'm
mediate Gse + il the part Of wis
CON 70 wstt until the bottom has
sen reached before laying in mater
las Or supplies Of any kind in
Quantities for future consumption.
Consequently. resent buying has been
largeIy from hand 10 mouth. This
Esolfey, 70 z large extent has restrict
- trade OF course important pend
ing developments relating TO corpor-
atoms and 10 the tariff have much to
DO with the hesitation. bur they are
contributors rather than fundamental
causes
In the mater Of economies and con
seryation this country could well
profit from the example set By some
OF its foreign neignbors- Take, for
example. the most important industry
ol all that OF farming This country
has been more than prodigal OF its
farm lands. Not only has the farm
acreage decreased while the popuIa-
ton has greatly increased during the
past decade. but the nation has not
taken good care Of the land under
tillage. II is just beginning 70 learn.
hoE 70 farm. A Partisan economist
IS authority for the statement that
France which covers an area equal TO
fhst of Indiana, Illinois. Wisconsin
and Delaware. raises nearly half as
and enough for it's population of 40
eo0,eo9- in 1903 the yield OF wheat In
France Was 355,574 .u1tA bushels or
tTentT-tHo 70 the acre. In the same
rear the United States raised 49,
$500 bushels or l55. 10 the acre.
American soil IL younger and richer
than that Of France and the only con-
elusion is that Americans have not
ret learned how TO get the best re-
suits from the land
That crop prospects are daily i'm
proving is evidenced By the steadily
declining grain prices. Money con-
tinues abundant There is less ap-
prehengion as to the ultimate result
OF the Mexican troubles. The iron
and steel trade. although not buoyant.
IL fairly stead Normal conditions
generally prevail. In yi-~ Il these
things the Monitor concludes that II
greater confidence we're entertained
most lines could enjoy a fairly good
business.