The evening herald. [volume] (Albuquerque, New Mexico) 1914-1922, 1918-11-30


government and gave 10 various war work
agencies considerably more than three mil.
lion dollars. We have contrived TO DIG up and pay
out of this community more real money than mau}
Of us knew we had. Nearly every man aud woman
went deeply into personal resources IN order To
make The various quotas assigned 10 this city.
Many people feared that such a drain upon o'r
cash. with no quick return through WARTIME dis.
burScmcntS. would affect businrsn seriously and
bring Il local baru-timc, condition. II did not. Bus'-
ness proceeded IN Albuquerque very much a. usual.
There was no suffering. Credits were not seriously
Affected and IN most cases not at all. Their wee" ~"
business failures of moment, aud such 90, occurred
were less than the normal number of such failures
IN former years.
IN fact our heavy contributions nf cash for
wnr purposes did us good and proved of benefit to
general business because il gave us a new confidence
~ our financial resources and a new Sensc and I'M
derStauding OF the financial sOlidity of this com
mnnity.
I'll" past eighteen months Of drouth caused
many people to entertain serious fears for the flu
tnrc of business IN this state. Indeed careful OBJ
servers feared more of III effects from the drouih,
~ the way of business disturbance. than from the
war. The drouth is over. The crisis is past with
livestock growers. The industry, both as Ia cattle
and sheep, has been adequately financed for the
coming winter and spring season. and the stock
men have To a large extent absorbed their losses
and moved forward onto the new basis of sound
prospects for a prosperous, productive season nest
year.
We ha e taken some heavy losses ia cash in
come rs u result of the drOuth, but those losses have
been cared for, as were the cash demands of the
war. without business failures. or even serious husi-
ness depression. That speaks volumes for the solid
ny of the great livestock industry of this state: an
industry which means more and more every year
h"lh 90 thlS city and the cutirc state IA revenue aud
employment and wealth production.
As u matter of fact business, here and through.
out the state has been more seriously affected aud
depressed by this miserable epidemic of spanish
influenza, La Grippe, cor whatever one chooses To
call II, than 10y The demands of the war and the
losses of the drouth combined. And one of the
chief reasons for the serious depression caused bv
The FLU ravagcS. has been plain. unqualified. un-
dcnlablc fear. We have been, in the vcrnacular.
scared stiff With a quarantine ON. even II partial
quarantine such as was carried out here, there was
bound 10 he - slowing mp of business. but il was
no excuse for our crawling into our holes and
Nhivcring.
Now the "ilu' quarantine has been lifted.
WITH ordinary individual precautions there should
he and probably will be no return of the disease in
epidemic violence. The epidemic is over; TIE com.
lnnnlty Is restored TO health and what is true here
rs true throughout the state. Also the war is over
and tie War Industries Board has turned from a
policy of rigid economy To- an actual advocacy of
renewed expenditures ON the prc-war basis. as for
instance in our Christmas buying. in order that the
normal volume of business may be sustained
throughout the nation.
We, our own community of Albuquerque and
our people, have come through war, drouth and
pcNtilcace without serious financial harm and with
ont even a financial setback. The outlook for bust
ness, development and industry in our state has
never been better. All that is needed now is the
courage, the viii and the active movement of all Of
Ms TO get back To normal business and get back right
now. Business ia this city aud state viii be largely