Atlanta semi-weekly journal. (Atlanta, Ga.) 1898-1920, 1919-06-10
More Improvement in Business
Than Is Generally Appreciated

Henry Clews & Co.'s weekly review says:
The world is heroically struggling for Il
more settled and normal condition of af
fairs. Its chief obstacle is q scarcity of
many necessities, together with the grea: Y
oveIstrained nervous condition of the war
torn nations. While these abnormal condi-
tons continue. social and political disorder
must be expected, and accepted as the
natural consequences of the great upheaval.
The difficulties innumeraole yet they
are gradually and surely being overcome.
Time and work combined accomplish
ders, and there is every reason to believe
that q year hence will witness long step
taken toward the new normal. No serious
delays in the peace program have thus
far happened, and none seem likely to
occur. Germany will sign the pact, despite
Characteristic protests, and there is good
reason to hope that Mr.. Wilson will very
soon return to his pressing du this
side of the water. The peace treaty. the
greatest document in history, cannot attain
perfection, and more or less dissatisfaction
is inevitable; but peace has already been es
tablished on a basis of strength and justice
that seemed very far away only year ago
when the tide began to turn against the
Germans.
Better Understanding
Congress has settled down 10 work, and
definite results may be expected before
long; that is if the political game, which
NAV become very strenuous does not inter
fere. The railroad problem is already re-
ceiving serious attention in committee rooms
ut Washington; and though there are con
siderable differences or Ideas between the
senate and the house, there is prospect of
reasonably satisfactory compromise bill,
which must be passed before tine roads are
returned to their owners; unless the gov
eminent repudiates its promise, which no.
body believes remotely possible. The
changed attitude towards railroads and 9th
er public utilities is illustrated in various
ways Mr.. Wilson recently appointed an
official body to look into the question OF
local utilities securing better rates to off
Set Increased EXPENSES: and q recent can
vass of public opinion regarding govern
ment ownership of railroads developed an
overwhelming majority against all such
theories; the experiences of the last two
years of federal management have taught
the public an expensive lesson in this re-
spect In other ways also the tide is run
ming more strongly against alf-baked i'm
practical theories; and the latest outbreak
of radicalism in the form lOf bomb plots
is sure to have the effect of awakening
the conservative forces of the ~ untry into
greater activity. Abroad there are signs
of the radical elements approaching exhaus-
ton; and there is no need for serious con-
Germ regarding the extremists IN this coun-
try, who will certainly be defeated. The
labor outlook. though unsettled. is II any
thing more satisfactory. Many concessions
have been granted to labor, and the efforts
TO create a better understanding and more
intimate relations between capita! ana LABOR
are already bearing fruit.
Bright Outlook
There has been more improvement IN the
business situa ton than is generally appre-
ciated The volume of business is not only
increasing, but the widespread revival OF