Mohave County miner and our mineral wealth., 1919-09-06
LABOR SITUATION IN ' EAST AS VIEWED BY
 N. '. TELEGRAPH

No one in Wall Street is so foolish as to imagine that with the temporary truce entered into by the railroad em- ployees and the probability that any walkout in the steel and iron mills will not affect production to any marked extent, labor agitation is in abeyance except in small percentage. There is much trouble in the air.
 1t remains to be seen whether the majority of union men in the United States will give up their idea that they must have absurdly large in creases in wages, whether the em- ployers can afford to allow them or not. At the same time it is natural they should get all they can.
 It is possible to kill the goose that lays the golden egg, but it is appar- ent that all of those in charge of the direction of the policies of the labor organizations are not willing to admit this. It is the plan that some of them believe there is DO end to wage increases and need be none.
 President Wilson's contention is that the efforts now being made to bring about lower costs of living will do away with the necessity for further great increases in the operating ex- penses of corporations. He wants to give these efforts a trial. News developments in the week just gone were of a more favorable nature than looked for and as a consequence security prices registered the relief experienced by those who have rang cd themselves on the constructive side of the market.
 Added to this was the realization on the part of the shorts that they had gone too far in the assumption that the country at large was to be given over to industrial disorder. They fat ten on calamities and always are on the lookout for them.
 Day by day it is made clearer that the people of the United States would like to have the peace treaty out of the way. They want trade relations with the other nations of the earth resumed in full as soon as possible the sooner the better; they want all obstacles to the progress of trade and manufacture removed at the earliest possible date.
 Owing to the enormous demands soon to be made upon credits it is Wall Street opinion that money will harden soon, but it is not believed this will interfere with strength on the Stock Exchange provided industrial conditions are favorable. Sentiment in the stock market is more bullish than it was.
 Business Conditions, on the Whole, are y Regarded as Hopeful.
 Speaking in a general way, busi- ness throughout the United States is hopeful, and conditions are as good as could be asked for in view of what may be ahead.
 It is the belief on all sides that should labor settle down to a more normal attitude improvement is to be anticipated. The reason for this is that so many enterprises ana enfarge- ments are still pigeonholed awaiting more stable conditions.
 The American harvest is progress ing, and while the yield of wheat is below early expectations, it is much above the average and will be highly profitable in the aggregate. The corn crop will also be large at very high prices.
 Cotton is a short crop, but a good surplus is left from last year and growers of this staple are also mak- ing good money. As a whole, the farming clases are exceptionally pros porous.
 So. too, are the industrial and mer- cantile classes. The high cost of liv- ing question, which is chiefly felt in