Evening journal., 1915-01-02
NOT PsYCH0L0GIcAL. BUT REAI.

II RANK J. WILLIAMS manager Of the local Office
OF the mercantile agency of r. C. Dun and Com
pany, of New York is a Democrat He not only is
Democrat but active in partisan politics that he
represents Brandywine hundred in the Democratic
County Committee
II is part Of the work of Mr. Williams as local
manager for the Dun Mercantile Agency to give at
the close of each year. review of business conditions
in this State and Peninsula for the preceding twelve
months lie has given his review for 1914 1t already
has appeared in columns
For months President Wilson and other Democratic
leaders in Washington and elsewhere insisted
that the so-caled hard times in this country under the
Wilson administration were psychological and not
actual In view OF such assurances it is interesting
to note certain portions Of the years review by Mr.
Williams. whose Democracy and frendliness for the
Wilson administration has called into ques-
ton.
"At the present time.' said Mr Williams. cali in
dusries dull especially the leather and iron trades
of this city and while Of the industrial plants of
the city have been actually closed, nearly all work
ing on reduced time"
In speaking Of the outlook for the coming year he
said that owing to the no definite answer could
be given to the question The currency bill, he dii
not think had any direct effect local conditions, be-
cause they were mainly agricultural
COLLECTIONS" he continued throughout the PENN
sula slow and money cannot be had no matter
how much collateral you furnish for less than
per cent?
Tho review shows that the total number of failures
the Delmarvia Peninsula in 1914 was SO in compar-
ison with 30 in 1913 and 81 in 1912. The failures in
Delaware were i3 in 1914 compared with in 1913,
81 in 1912, 2S in 1911, IS in 1910 and 80 in 1909.
In speaking of the fruit .crop OF tho Peninsula Mr..
Williams said that the apple and peach crops were
exceptionally large but that the prices extremely
low. The price of apples, he said lower than he
had known it TO be. There average crop
of white potatoes and potatoes the price of the
former only fair while the latter sold at
about two-thirds the average price While the sweets
do command the price of the New Jersey sweets.
tine crop much larger than in previous years and
result farmers have erected houses for storage pur
poses This increase has been noticed particularly in
Sussex county.
Mr. Williams also admitted that Il has been hard
year on Demarva Gamers That he attributes largely
to effect Of unfavorable climatic conditions upon
the fruits and vegetables that canned.
II will he seen therefore that the commercial, in
dustria agricultural horticultural distress the
Delmarva Peninsula is real and not psychological
Mr. Williams contends that it is owing in part to
the European war We do not think anyone will deny
that though it Is unqucstoned fact that much
of that distress existed before the European be-
gan and that in those ante-bellum days many oxper-
fenced business did not hesitate to attribute the
unsatisfactory conditions to Democratic tariff legsla-
tion and Wilson administration warfare upon legt-
mate business