Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1919-12-02
CONDITIONS IN THE EAST,
BY NJ. L. Fox.

learn DdCh .kAtfe' ~ dho"SI A"''J
would require more space than the
journal can devote to any one sub
ject, in view OF the fact that it is now
almost impossible for newspapers to
secure the white paper necessary to
their existence.
Possibly it is worth while to state
that many newspapers in the east
have been advised by the companies
that have been supplying them that
no paper can be sold to them during
the year 1920, and all newspapers big
and little, have been Informed that
they must do with much less paper
during the coming year than they con-
sumed during the past twelve months.
The shortage is estimated as high as
twenty-five per cent. The manufac-
turers who supplied the Journal
before the war at $1.92 ahundred
pounds are now offered as high as
$500 a hundred for their output.
While | was in New York City. the
Evening Mail announced that it had
rejected more than five thousand dol
lars worth of advertising that day
because it did not have the necessary
print paper for larger issue. 1t sim
ply means that all of the newspapers
will have to cut to the bone in order
TO exist. They are under the necessity
of economizing to the limit by elimi-
mating everything that savors of space
filters. so that only the barest essen
tials can be carried. Those not so
cutting now must suffer later.
Business Splendid.
Business throughout the east and
the south never was so good. Mer-
chants are selling more than ever be-
fore, and payments are more promptly
made in all lines of trade.
There is a building boom every
where, despite the high cost Of labor
and material. Hotels are filled all the
time at robber prices for rooms, and
meals are almost prohibitive in cost
to the consumer. But people have the
money, which is quite different from
the days OF twenty-five years age
when prices were phenomenally low
and people could not buy even at the
low figures then quoted
The most remarkable thing saw in
the east and the south was the ire
mendous boom in land prices. Farms
are being sold everywhere at from
one hundred to as high as five hun
bred per cent above the prices they
would have brought only a few years
ago I attended one land sale. 1t was
of a farm that sold four years age
for $4,000, and the owner then
thought 1t brought more than it was
worth Last year it sold for $4,000
l saw 1t sell for $4,000, This increase
in price was no more than the average
throughout the eastern states. Land
was cheap in the east for long time
because the trend was toward the free
homesteads of the west. There are
TO more valuable homesteads to be
had, and the high prices of Iowa and
other western state lands turned the
eyes of the land-hungry people to the
east. The boom there is the result
AS to Politics. .-
AS to politics, much less is being
said regarding presidential candidates
than ever before this near an election
Among republicans General Wood II
clearly In the lead everywhere, though
of late Governor Coolidge of Massa
chusetts is coming into the limeligh
because of his strong and sane stanc
regarding the strike of the Boston
police. Governor Lowden of Illinois
has considerable following and hi
organization is active and aggressive
But Wood is still far in the lead owe
the country generally. His words Z
John Fitzpatrick. labor leader a
Gary, Ind. are being quoted quite a
much as are the now famous word
of Governor Coolidge. General Woo
said to Fitzpatrick:
81 am here on the behalf Of tn
wants to work shall do so withou
fear. and that any man who does no
want to work shall refrain withou
fear--if we have to shoot the ma
who interferes with either,
Menace of Bolsheyism.
People generally are not discussin
the fate of the League of Nations, bu
the menace of Bo1shevism has thei
attention most earnestly. That fac
is evident not only from the popular
ity of General Wood and Governo
Coolidge among the republicans bt
from the sentiment among demo
Gratis everywhere for Attorney Ger
eral Palmer, because of his stron
and fearless stand for law and orde
and the uninterrupted production
coal. Furthermore, it is recognize
that the president, when actually cor
fronted with what threatened to be
come the greatest industrial crisis
the nations history, splendidly ros
to the full height of the emergenc
Because of his physical condition an
the third term tradition, it is not b.
lieved anywhere that the presdel
will be named to succeed himsel
Talk in the east is centered on Pa
nfer almost exclusively as the prob;
BILE democratic candidate.
Along with the great prosperity e
listing everywhere. there is a strain