Evening journal., 1919-07-22
REPrRrIcANs nRrNG OPTIMISM.


THE steady strengthening Of confidence in the future
Of American industry evidence Of which is on every
hand due TO number not the least Of which
is the attitude Of the government toward business
In the FIRST place It recognized that the Republican
victory last November was rebuke the socalistio
Of the administration and expression Of deerm
nation that the reign Of paternasm shan cease
Reading the signs in the election returns, members OF
the Wilson administration have been shifting their posi-
on and accepting the Inevitable with the best grace
possible
In an effort to get in line with public opinion the
Railroad Administration which a few months asked
for veyear extension OF operation Of the trsnspor
ation system advocated immediate return Of the roads TO
their efficient private managers
Postmaster-General Burleson took advantage of
threatened strike take the rst steps toward returning
the wire systems to private control
The shipping Board has been selling many Of ts
merchant ships built under the Of emergency
Various administration spokesmen have out Of their
way express their advocacy OF private initiative rather
than government operation as most likely promote
progress.
This very radical departure from the line OF argu
ment the administration was making prior to the Con
gressional election Of 1913
In addition to the encouragement which the country
has received as result the the psernalsts got
at the polls there has been welcome relief from the
oupourng dismal forebodngs with which the Depart
ment Of Labor discouraged the country the
armistce was signed
In endeavor TO large appropriations for It's
employment service the department repeatedly predicted
period OF unemployment during which the returned sol
dlers and many others would be idle
Naturally. many people accepted this prophesy well
founded there was tendency TO curta production
in anticipation Of slow markets But developments
showed the department 10 be in and instead Of an
army Of unemployed there has been a constant demand
Tor help at high wages in both city and country.
rhox
props good and prices well sustained That would have
been true Of Delaware had not been for the runous
rains
Lumber mills which began curailns operations with
the cancellation Of contracts have been returning
70 full capacity operation under the encouragement OF
private orders at satisfactory prices
The steel mills have swung from manufacture OF
materials 10 the production OF machinery structural
Steel rails and other peace requirements.
Practically the only complaint among producers that
due to inability to get the desired amount Of help
With the signing Of the armisce eight months past
Export trade has suffered material dimnuon
While the figures for the fiscal year ended June 90
1919 are not yet available It is apparent that with nearly
wothrds Of the year included the peace period our
favorable balance OF trade In merchandise viii be in the
neighborhood Of s37OOOOOOOO bringing the aggregate
favorable balance since the began to approximately
u2oOoOOOOoo
With both domestce and foreign trade satsfac-
tory basis the country reasonable OF
tnuance of such condition. for both Houses Of Congress
are controlled by the Republicans who believe in an
America First policy, who believe in endorsement
of prvae initiative and proceeding to careful
preparation of reconstruction legislation which will put
the country back on a permanent basis OF government
by law instead the uncertain and chsnseful policy OF
by men which has prevailed for the past few
years