The evening herald. [volume] (Albuquerque, New Mexico) 1914-1922, 1914-06-18
REAL ENEMIES or BUSINESS.

create an htllfirial panic iu ID
United states. President Wilson is
hearing from the solid business in
forests of the country. the honest.
everyday business intcrcnts whivh
do not require regulating to keep
them playing u fair Eamc. one let.
ter. given out al the White House
Yesterday, was from a Saint Louis
hardware merchant, who said
"our sales are just threo-nnhs Of
ono per cent less thar the same
period last YEAR.
And this merchant added that
every indication pointed to making
up that threc-nfths OF one per cent
n passing the nrst half-year period
with q business ahead uf the Same
halt-ycar period a year ago. Il is
perfectly safe 10 assume that this
saint Louis merchant is fairly repre-
sentative OF merchants generally In
HIS city and saint Louis be- fairly rep
rcsenintiyo Of the larger cities Of tho
nation.
Albuquerque In fairy representa-
tive Of the smaller cities of the coun-
try Conditions here during the first
half year OF 1914 have been no bet
ter and no worse than In other cities
of this size throughout the nation.
The results from our exceptionally
favorable ang and farm conditions
have not yet begun "a be felt. and
VIII not become noticeable for soy
erai weeks to come. Conditions here
may be said L. have been normal. as
compared with those throughout the
country
During the past few DAYS the Eve
ning Herald has taken the pains 20
make q careful inquiry from Albu-
querque's representative business
houses as 90 their sales volume dur
ing the first half-ycar OF 1914. as
compared with the same period OF
last q out Of fourteen heads OF
important local business houses APP
preached. there was found hut one
1890 ~ ~ $50 1 NNNNANNNA NNNNAHNNN ga
business, as shown by his records,
than for the same period Of last
year The others reported AN in
crease. n soycral-four to be- exact
reported a considerable increase Ia
the tos-i volume OF business done
some Of these men, when first np-
preached, were inclined To- kick"
on business. hut when pinned down
20 an actual showing they cheerfully
admitted that they were doing cas-
well or q little better" than last
year In rterv case the half-ycar
period showed markedly better bust
ness than Tor the same period 81
1912
We believe the condition here %
he fairly representative Of the gen
erhl trade condition OF the nation.
We ave come through ID revolution
ary period or constructive legislation.
from which tho same Interests now
seeking &" create .psya biological de.
preston in their u'surt Ca defeat
needed antitrust regulation. predict
ed panic and ruin without an, scri- !
Gus disturbance of the business Of
tho country. Had not the country
been thoroughly s1urd 900 general
conditions tho changes brought about
o' this legislation. together with the
persistent attempt at depression by
the sinister psycholosists' of big
business, would have brought panic
But 90 has not The crisis is past
The new legislation ia in fulI work
ms order. The great ,ommsr0ill
agencies during each week tor q
number ut weeks past have reported
steady improvement in an lines at
trade and m mo3t lines ~ mnnuiac-
tufc The ouutry has the greatest
harvest in an iH splendid harvest
history and means are available for
ready movement 81 the magnificent
crops without the hnTdshlps 81 other
days The legislation now demanded
by tho people. and when tine pivFi
dent insists shall be- passed. is dee
signed 20 make dish"nest business be-
honest 10 check nnanCrl outmgcs
like those perTrtratcd by the Ncw
Haven n the Frisco gamblers
Naturally dishonest business objects
Il viii check this legislation IS il
can, by any means al hand. work-
ing with this interest Is the political
newspaper opposed a. the Democrat I
ic party ana eager % find some
hand-hold BY which o. tear a. the
record 81 the Wilson administra-
ton. These are tho two great innu
ences now seekins "a create a panic
In the United eiaiss. these are the