West Virginia argus. [volume] (Kingwood, W. Va.) 1877-1946, 1914-11-19
PROSPERITY ERA
FOR U. S. NEAR
Secretary RadtisId Says COndl
tlOnS Are Fast Improving
BUSINESS ON THE INCREASE
Last Few Weeks Has Seen Wonderfu
Change. Declares Commerce Depart
ment Head. and Coming White,
Does Not Look Anywhere Near Sc
Dark as Some Pictured It-Wa,
Problems Being Worked Out

Problems Being Worked Out.
Washington. Nov. l7.-An informa
ton reaching governmental depart
ments here indicates that the gloon
and depression which overlook bust
ness enterprise in the United States
when the war storm burst is slowh
Craving aside and glimpses OF present
and coming prosperity are visible.
Secretary Redleld summarizes tn,
hopeful outlook in a letter to the cham
Der OF commerce of the United States
The letter says I'm part:
There is always room in n countr,
ss large as ours. and with such
various conditions as exist I'm it's diff
ierent portions, for the pesslmist &c
md some hook on which he can hanp
hls mournful prophecies. One need no,
react to the other extreme and exclalu
that the special prosperity OF one is
an indication of equally good condi
tions everywhere. The truth lies be
tween, but no observer OF the large
movements in our commerce todo,
rails TO recognize the great improve
hent that has been made In busincs,
conditions within the last few weeks
ana which is still progressing.
The payment OF our foreign obli
cations Is no longer cause for serious
worry and with the opening OF the fed
eral reserve system great additional
supplies OF loanable funds have be
come available. There is no longer
serious concern over our financial
future.
one can look back calmly now 10
the first weeks OF August, when there
was wheat embargo which some
reared might mean sad loss to many OF
our farmers. These same farmers arc
prosperous today. for wheat exports
nave been unprecedented in amount
and Mt profitable prices.
Cotton has begun to move. and OK
isting arrangements promise reIiei
from the shadow which has so LONE
hnng over our fellow citizens IN the
south.
III both money and crops are In for
better condition than they were
months ago, and II both are in some
respects in excellent condition. the
same is true Of our Industries. Thev
are not all fully occupied, ms facts I,
the iron and steel trade show. and
there remains still surplus OF Idle
cars. One does not hear az much ot
the number OF cars I'm use as is said
or those which are idle. and ono
wonders whether the proportion nj
IDLE cars 10 the total. n Il were state
would not give a different impression
from that which is made by the pres.
ent form Of statement.
THE coming winter throws no such
dark shadow before as was feared n
few weeks ego. and the statement is
beginning 10 be heard here and there
that goods cannot be delivered ne
promptly as they are wanted becauso
the factories are too busy.
The world abroad. both that part OF
II which is in arms and that which is
at peace, Is turning toward America
Tor large portion OF it's supplies. and
the phrase. Buy It in America has
come TO have a potency that has
hitherto been lacking.
THE Improvement in conditions.
however. is not wholly due TO the war.
Great and growing as our exports are
they form but a small portion OF All
OF the total business that Is going on
and which is constantly increasing. A
knowledge that products can be soil
The certainty that money can be h. d
10 finance business and enterprise:
these and facts like these have
brought frceh confidence into our do.
nestle marNets at the same time that
foreign buyers have entered them"