The Detroit times., 1914-06-05

/ They make the judicious grieye, but
they bring no anxiety 10 the thought
/ full"
Secretary Redheld said. in part:
IF we would place the business
atmosphere OF the country on sort
or commercial weather map such as
is used by the weather service. we
should find curious condition. In
the extreme southeast and southwest
would be areas where the business
barometer is high. All through the
great central part OF the country.
where the bulk OF our wheat Is
grown, would be another great area
OF fair weather and high pressure.
over the great cotton areas OF the
south would be no depression not
even unsettled conditions, but a nor
NAL condition looking for great agri-
cultural favors expected to come.
High barometer also prevails where
automobiles are made, in and about
the lake area.
lover the northeastern states
would be found section OF low bar
ometer and marked depression
This is not an age in which the
nations are separated Their COM
merciai and Industrial alliances on
the one hand and competitions on
the other. are close. That which af-
feCts one adversely is reflected on
the other.
In like manner, any argument
10 the effect that the alleged atti-
tude of our government toward big
business is the cause of such de-
preston as exists here is met by
the fact that in Germany. where
trusts and cartels are legalized and
the government assists both, the de-
preston Is even more severe than
IL has been here.
During April, the increase or
imports, which we have seen amount
ed TO about $27.000,000, is found In
the following items:
Crude materials for use in our
manufactures, $12,500,000.
: Crude fodstuffs. over $4,000
600
Partly manufactured foodsuffs,
nearly 100000.
"HerA is an aggregate OF $685.
100000 oVt OF total increase OF
s27, 500 ,OOMwhich is entirely in foods
and materials which our manufac-
OF an increaIe in finished manufac-
lures of $5,q00,000, less a decrease
in partly h5ished manufactures OF
$4,000, 000. &howing a net increase
in all importA manufacturers OF So
100000 or ABOUT FIVE per cent, as
compared withNhe month OF April a
year ago.
Turning now to the exports for
the month OF Anil. in which there
is a decrease OF sA7,000,000, we And
.$10,0O0,O0O OF II in crude materials
for manufactures; $l4,000,000 Of ii
in foodstuffs, over 100000 in
partly finished manufactures; max
ing a total OF $29,000.000. Eight
millions out OF s37, 100000 is in full
ly finished manufactures. this last
item showing the smallest ratio
OF decrease for the month OF any OF
the great groups named.
ION the day when this was writ
ten, the secretary OF labor reaI In
the cabinet in my presence, q tele-
gram from the labor authorities OF
Missouri stating that 10000 men
were needed in that state to help
harvest the crops. Another telegram
from the labor commissioner OF the
state OF Kansas calling for 10000
men for that state for a like pur-
pose, was read, and at the previous
session he had read dispatch from
the labor commissioner OF Oklahoma
stating that $1,000 men were needed
there.
Few will contend that merchants
are oyerstocked. Rather is the re-
verse true. None are so rash as to
say transportation exists. Nay, on
the contrary, the brokers complain
of lack OF commissions Money is
not so scarce that banks refuse legit-
Innate borrowers 1t comes TO me
from more than one quarter OF the
country that men who are pessimis-
tic in speech are prosperous In peck
ct. Things are not tied up tight
when New York registers more auto
mobiles than ever before and when
that great industry is pushed TO the
full
IF you and | get away from the
crowded centers OF our middle and
eastern state. where mental mourn
ing exists for conditions that can
never return, since the day or mas
terry is over and commerce must
we get away from these centers in
TO which the light Is breaking. but
which IL has not yet fully illuminat-
ed, we shall And different stmos--
phere"