Idaho County free press. [volume] (Grangeville, Idaho Territory) 1886-current, 1914-12-31
HopErUL NEWS AS TO THIS coUNTRY's OUTLOOK

HOPEFUL NEWS AS TO THIS COUNTRY'S OUTLOOK.
The statement Chas NJ Schwab Wednesday concerning
the outlook of the country particularly
and substantial as of the difficulty Of the author
of the facts forth Mr. Schwab generally known
president chief of the Bethlehem Steel company
which comprises gigantic plants in half dozen states ncud
ing pbudng works Much responsibility therefore at
tahe to his expressions in respect OF many thousands OF
craftsmen and prospectvey his various payros The
position he occupies carries the obligation OF making good
with the earning class distinguished from similar
expressions by financers pubcsts and politicians who have
no responsibility in that relation except that OF good bad
prophets Mr. Schwab admittedly has large contracts on hand
in new for his plants and the presumption that he has
about all the work he take Of Ii that to the
extent which the industry must be similarly affected
al along line The S. Steel corporation has not yet had
any marked orders but Chairman Cny reported
Tuesday that Improvement was visible.
The unbounded activity the country that Mr. Schwab
procams most wholesome and gratifying tonic to admins
ter at this tme and there sufficient why
it all should not be realized But while optimism Justfabe
logical much to stand in the way Of its
pete fulflment The building trades, involving numbering
much basic labor the main point of weakness Ger
industries under embargo because of like stOppage
another The low price Of cotton will continue to
cripple the southern states for time to Other
tons which have found market for their material in
Europe the past have little purchasing In
tenaonal credit and exchange maturing notona debts and
interest payments the world must remain prosraed or
The waste of creates that impars and
deranges conditions everywhere.
On the other hand the activities Of more and
more coming to center the United States Mr. Schwabs
shows the effect thereof in manufactures order
ed in this country The accompanying Kansas City statement
shows how working respect to farm products and this
result being experienced throughout the length and breadth
the land many respects the nation is beginning to pile
up wealth rapidly result of the war; and of this
result will be cumulative 1t is only at the beginning far
The raise in railway rates also responsaby expected
great revival lines of industry and of crude
employment just fast the companies get around to it
Only section of the country effected by the recent
der has been conceded that all other railways would
under the rule when their reached These
based the low ebb Of traffic and other railway
dons that under the favorable conditions
ing about they should prove satisfactory that railway capita
should be ready embark promising fields and Other
construction work
For other reasons among them the
ed depression during which has been putting off de
srabe things that they anxious do would not be
prsng Mr. Schwabs keen and sagacous vision proved wei
grounded and at all events it is in the right direction It
in the right direction because much Of the agnaon is du
mdty caution and that mental attitude
be there good why the most and the
that has been pesed of this great country should not
fully true.--Iewiston Tribune.