The Bridgeport times and evening farmer., 1920-10-06
AUTO MEN SEE
 PROSPERITY
CContinued from Page one1

(COHIEueQ rom rage one
 business were not equally prosperous or nearly so.
 D. Writing under date of September 1st, MT. F. E. Bradfield, vice-presi- dent of the Velie Motor Corporation at Moline, ILL, says:
 z We began over sixty days ago to q. send out letters to our dealers and banks combating the propaganda which was spreading throughout the country and which resulted in actual discrimination against the automobile industry as far as credits were con- cerned.
 Since then we have conducted quite thorough investigation, and we find that the situation is now much relieved. There is no question but that this situation has materially , improved and we look for contin- uesd improvement from now on.
 AS far as our own trade is con- cerned, we were obliged, during the months of July and August, to cut our production about 20 per cent, and we expect in September to re- cut and in October to be back up to i our June schedule which was the ! largest month we have ever had"
 We believe that the middle-west- ern section of the country, i. e., the agricultural section, has felt the ef- feet of this trouble more than other i portions of the country but the fact that the crops throughout this sec tion of the country are excellent perhaps the best that have been pro- duced in several years-and the facts that these crops are bringing good prices that the farmers are selling their grain and receiving money for it, paying off their indebtedness to the banks and spending their money , freely-aS they are positively now do- iing-meanS not only that this sec feet must soon be felt upon the en- tire country.
 'We are thoroughly optimistic over the situation and are looking forward ato a steadily increasing business"
 Under date of Aug. 26, the presi- dent of the Daniels Motor company, Reading, Pa, wrote:
 e. It is unquestionably a fact that : there has been a slump in business; this has been true pretty generally and the automobile business has fall- en in for it's share of the burden. believe that the immediate business this fall will be good. It may not be of the character which we have been | experiencing in the last six months; -... The general fall business will pick up. and the automobile business
 "I have reports before me rom nearly every section of the country and, with the exception of one ol two places in the Northwest and South, conditions look good. Our crops this year will be exceedingly large; the wheat crop is one of the best we have ever had: the corn cror promises to be splendid; the cottor forecast in July, has an estimated production of twelve and one-haI1 million bales. The country, itself is richer than it has ever been before in it's history. Every man who has < done anything in the last three ol four years has more money today than he has ever had before, no mat ter what the calamity howier may =1U tyar1 tat which has been one of the wors features of our industrial situation is being solved. The increased rate. will help the railroads to build UT their equipment; this, in turn, vii help move product, finally, none. will begin to circulate as ii should A conspiracy of circumstances ha brought about the present depression this depr ession, however, must be and win be overcome by Americal spirit, which undoubtedly will talk, advantage of the best opportunit. this cour, try has ever Mad commer cially. We already have signs of bet ter things. Labor statistics shov that there is beginning to be more ee ficiency and when this spirit de velopes far enough so that we begi; do not believe we will have anythin. about which to worry. The automo bile industry will take care of itself if other things become adjusted a ! they should.
 we not only look forward to goo, business this fall, but we a1read. have firm orders, on .ur books, whicl will carry us through our regula schedule of production for the mex three months; after that. we believe as we said before, that business vii be better than it is now, because O ! the change in conditions which neces saTily must take place unless we be come an. absolute case of Dry Rot, and that to me does not seem in keep ing with our American ideas"
 MT. T. R. Lippard. President of tn Stewart Motor Corporation. of Buf falo, N. Y.. writing Sept. 2nd says:
 ''The great prosperity our countr has enjoyed during and since the wa has encouraged our people and bus mess men to far over extend thei credit Everybody has gotten into
 more or less eHtravagant habit. Bus iness men were borrowing all the could obtain. while our people wer