The Calumet news., 1912-06-11
BUSINESS IS
MUCH BETTER
CROP OUTLOOK is GOOD AND IN.
pUsTRlAL MEN HAVE CUT
LOOSE FROM POLITICS.

Financial conditions are positivel,
changing FOR tho better says Henr,
Clews. \ more confident undcrtonc
prevails both here and at the interior
This new wave of cheerfulness blows
IN from the West whore unrest for a
long time has been deep seated. The
basis for this change i'm tone is three
Told. First. cur Industrial and anah.
cial leaders seem 10 have decided by
common consent 10 cut loose from pol
itics. IL is felt that agitation has
brought the worst 10 the surface. and
that an estimate car be- placed upon
! the worst that is likely To happen. Ii
IS felt also that the high tide of radl-
! caiism has been reached and that
henceforth more rational and normal
Judgment is likely To prevail There
Is also less uncertainty as to What
candidates viii he selected as standard
bearers for either party, although
nothing definite has ye: been made
public regarding platforms. OF course. |
the political barometer may nuctunte |
violently during the next few months. !
but IN spite of such uncertainties the
worst 10 be expected is already known.
and the feeling is abroad that no eN-
treme policies are likely 90 be adopted
during the next Administration.
\ second and more practical reason
for business betterment is continued
Improvement in the crop outlook. Grain
has progressed very satisfactorily FOR
the last three or four weeks. 4 big
hay crop is practically certain. and the
Iruit crop In many sections is also ex-
ceedinsly promising. At present it I
ooks as If the agricultural classes ,
we're going 10 have another year of ex- !
optional prosperity. II this prove 5
rue II means good business next fan '
ma winter throughout the interior. S
nd a consequent increase Of Industrial
ctivity; especially after the hand-t to-
aouth policy which has been pursued Il
or some months. Continued activity "a
y the steel trade is also having ed 81
idcspread effect. Railroads have been :
eavy buyers OF many steel products. b
nj IL Is now an old story that this b
!dustry has been running at nearly oi
all capacity for the past two or three "
lonths. Prices are steadily hardening =,
nd though there is temporary mll n,
new orders, IL IS confidently expect O.
that flgther large amounts of new ! co
lsipess will pe soon forthcoming The ="
.quirements for steel are urgent and fo
large proportion Of the new capital to
aing raised by present and prospcc &
We new security issues is sure Ia find
: way into the steel industry: and (
lis means much 10 general business
the iron regions. The steel outlook
certainly brighter than has been the G.
Sc for several years. A,
The third important clement in the a,
-uation is the better labor outlook. Al
some cases wages have been ad- AL
need where such advarces appeared Al
stihcd. In other Instances the de Al
ands of labor have been withdrawn Al
modified where II has been found 70
at such requests were nl-advised Be
d injurious. In other cases trou- Bu
= has been a,crted 10y compromise. Ru
re and there few occasional strikes Co
AZ be expected. but there has G.
en- n decided moderation in the c.
erish unrest of labor. which prom &c
s TO aid business recoS cry. As a Ch
suit both labor and capital will GER Da
My find more ready employment Ea