The Birmingham age-herald., 1914-06-05
REDFIELD DISCUSSES
 BUSINESS CONDITIONS

fI
 up of an increase in finished manufactures
 ished manufactures of 5000, 600, showing
 net increase in all imported manu-
 factures of $3, 0,000 or about per oGnl
 as compared with the month of April Il
 year ago
 Turning now to the exports for the
 month of April, in which there is de- crease of 37,000 900 for that month we find sl0,00OO00 of it in crude, materials for manufactures: $14,0oo.0OO of 1t in food stuffs; over $5,000,000 in partly finished manufactures; making a total of s29, ,0O0,- GOO. Eight million dollars out of $37 ,OO0 900 Is in fully finished manufactures, this
 last item showing the smallest ratio of decrease for the month of any of the
 great groups named In other words, it
 Is in the line of fully finished manu-
 factures that we have held our proportion
 of business best.
 Read Telegram
 "On the day when this was written the Secretary of Labor read in the cab inet in my presence telegram from the labor authorities of Missouri stat Ing that 30,000 men were needed in that state to help harvest the crops. Another telegram from the labor com missioner of the state of Kansas call- ing for 10000 men for that state for like purpose was read, and at the pre- l lvious session he had read a dispatch rom the labor commissioner of Okla
 homa stating that 15,0O0 men were needed there.
 Tt is true that psychological de- pression Is none the less a depression because it is psychological. We may | therefore fairly look into other con ditions to see whether the mental state
 that exists has Justification in solid | fact
 l Tt is true, Is it not, as one looks over the country, that all the condf- | tons upon which sound business should rest exist in full force and vigor? Few will contend that merchants are
 overstocked Rather is the. reverse true. None are so rash as to say over speculation exists. Nay on the con trary, the brokers complain of lack of commissions. Money Is not so scarce that banks refuse legitimate Borrowers. The reverse is true. We have sent large sums abroad of late without cramping our financial re- sources. It comes to me from more than one quarter of the country that men who are pessimistic in speech are prosperous in pocket. Things are not tied up tight when New York registers | more automobiles than ever before and when, that great industry is pushed to the full.
 Different Atmosphere u you ana I get away from the crowded centers of our middle and
 eastern states where mental mourning l exists for conditions that can never re- turn since the day of mastery is over
 and commerce must henceforth be a Iservant-if, I say. we get away from
 nese centers into which the light Is
 breaking but which it has not yet fully illuminated we shall find a diff l ferent atmosphere. From far-off Call fornia and from Florida: from the fields of Oklahoma and Kansas Mis- sour end Nebraska, comes the glad cry of harvest all but ripe for the sickle. There was no mourning in the orange groves of California when saw them in March, and Florida utters no cry of distress in sending 23.00O car loads of her fruit to market Tt is a small and pitiful thing that men should expect to reap political profit out of magnifying evils. How ever, :. the too. willing howls of the apostles of evil are so obvious as well as so previous as to be on the whole more humorous than harmful. They make the. judicious grieve, but they bring no anxiety to the thoughtful"