The Julesburg grit-advocate., 1915-01-07

ly accounts for small part of this sit |
uatiOns. we can at once reach the main
cause for our present condition OF com |
paratively low prices in the face OF
decreased supplies, and that Is ON ac- |
count of the lack of employment for
our best customer, the American work. l
ingman. With the great crops just pro
duced he should be very busy. Indeed.
and 1t therefore behooves US to find out
the trouble and correct it II we can.
In these big economic questions 1t Is
natural TO find differences of opinion,
but the thinking people are pretty we'll
united today on some Of the causes for
our present conditions. We are suffer-
ing from what might be called 1.-The
high cost Of inefaciency", from the
greatly added cost Of government, from
the results Of corporation batting car
ried on by shifty politicians and others
who know how to appeal to popular
prejudice. and keep themselves In Of
flee and in power and position; also
from having. 80 many lawyers on our
commissions and boards of control of
various kinds, and in charge of affairs.
instead Of experienced business men;
from railway rates that are not COM
pensatory to the carriers for services
performed: in demanding modern, high
class. expensive present day service
and only offering to pay the transpor-
tation prices that bought very diff
erent article in the past. We are today
threatened with government owner
ship of railways IL these things con-
tinue This, we believe. would be the
greatest catastrophe to the business Of
the nation that could possibly occur.
We have passed many laws to regulate
the railways. and 1t is only fair and
like real American gentleman to per-
nit them to charge enough to pay for
the service that we demand aEi have
compelled them by law to give us.
I So, with all of this before us, we are
inclined to recommend to our friends
and customers to 20 easy on both agi-
tation and legislation, in order to give
the country chance to be free to d.
gest and try out the laws and regu-
lations that have already been passed
livestock men expect to receive a
good price for their product they must
assist their customers to be prosperous
and that gets back to the matter Of en-
ployment: and IL the big enterprises
of the nation are forced to be inactive
and the tall chimneys of the manufac-
turing country cease to smoke these
frosty mornings, you can rest assured
the price Of your product will not ad-
vance and what you have to sell will
not be in demand.
We are not especially pleased over
the prospects for the year. While the
outlook is for plenty of short-time
money for legitimate operations we
feel that this country is bound to be
i affected more or less by the destruc-
tion of people and property that is go
ing on in Europe. We believe that we
will be called upon to absorb an I'm
mense quantity Of securities now own
ed in Europe. which will naturally
depress the price thereof, While the
money Of the regional banks is avail
able for commercial paper and short
business transactions. 1t cannot do
much toward taking care Of stock or
bond issues. and. until the demand for
war money" is over, longtime secur-
tiles will be slow sale
We advise our customers not to go In
too strong on new undertakings, and
to keep their operations we'll within
the normal limit II you have feed and
a proper place for live stock, it is all
right to continue your regular opera
tions; but 1t looks like = poor year to
speculate. We will be ready and will
ing to take care of your business, as In
the past, and. In conclusion, we. can
not refrain II ON calling your attention
to the fact that our companies. dur
ing the troublesome fall of 1914, took
care of every one of their customers,
SO that not one Of them was forced to
! do anything that hurt his business or
opportunities. We have been able to
repeat our successful experience Of
1907. when the panic hurt so many
stock-growers whose connections were
weak.
! Wishing you the compliments of the
season and prosperous new year for
1915, we are. Yours truly,
THE AMERICAN LIVE STOCK LOAN
COMPANY
By A. E. De Ricqles.
! General Manager.