Amarillo daily news. [volume] (Amarillo, Tex.) 19??-current, 1920-09-26

- Illinois. Indiana. Michigan wiscon
lin aud other central states are with
holding grain.
In th. financill field money " tigh'.
That may mean several things iiri,
that III" people want money badly a.
put into producing activities; second.
, that III" banks attempt To ggt whatever
! the traffic viii bear. fhearing close 60
the skin. third. that there In an AIDE
puat" supply ~ money. or fourth. that
thUis' who have money lack confidence.
Their" are other reasons no doubt.
md among them that ~ the dollar nov
buys lrrs than heretofore. p~Opl" with
money wish 90 charge more Tor thr
scr,ic" TINT money gives. No one can
accurately say which 81 those caJscr
IN the most important factor. bu, prob
! ably all contribute 10 tho present 80
uaticn.
TIL. telcgl7lphic reports from every
'ciion of the country state that the
banks are we'll loaned up. although
money ~ available IN the cas-, and cen.
trail districts at from siS 10 eight per
cent interest The southwest, Rocky
/ Mountain and Pacific states report ia"
highest interest rates. averaging from
a. 10 per cent. and In the Mountain
! district ~ high as ]? per cent,
There is great encouragement how
, ever. 10 be- drawn from the fact that IN
' only one Of the nine q oRraphical Ill.
, visions. the Rocky Mountain. has Their,
been n d,creass. In bank deposits during
/ tie layt six months. While the genera;
incrcns" includes corporation deposit.
| individual savings accounts show \
mere marked Improvement everywhere
This seems 20 show clearly that IN"
"ry ~ spending and extravaganza IL
over.
''Dl~0uniins u hills hy industrial
concerns II universally reported. IN.
-ept In IN" middle Atlantic. southwest.
! "rn and Pacific coast states. manufac.
t1r"rs appear 90 b. carrying large
, amounts ~ customers paper.
J The country docS not like the pres.
! "nt taxation system. Tho Excess Prof
: lis Tax " IN had favor everywhere.
opinion II divided however. ~ o. y
substitute. In the east and central
west sentiment runs htrongly for .
| sales taS. hut elsewhere opinion rs ~
q yiihstitute u divided
I'VE are not vet masters Of the ART
7 80 distribution &c products Tn" fact
I That the farmers uniformly report y
! d"Sir" Tor so'n. cooperative method
1 ~ which their products can be- brought
! tn consumers mean that this problem
l. of tho greatest Importance. nut .
u not Tor the farmers benefit primarl
| ~ that suich a movement mus, auickl,
r'ilminni" In action. The consumer
| feels that somewhere between th,
former and himself. too much IL taken
! Tor service ~ comparative insight
,anc- IN contrast with that which thu
producer himself renders
The farmers apparently are moi
Ion. In desiring cooperative action
Tn. survey shows opposition "a coop
"r,tivr movements only IN the New
/ England and Pacific conf districts
Sentiment II divided In Ohio. Illinois
md IN" other north central wcs,er-
states. but favorable in the middle ~
llntic. the south central and the south
rrn states.
Politically. the replies indicate thai
II IL too early 20 tell what the outcom,
uf tho Novemh"r election vii be-. rhre'
months ago. there vnS q stronger re-
pullican aent'-,.n, than there nppear r,
a. he row The trend has h-cN. m,
T.. republican. What u viii be- IN NJ
vembcr ihcS.. gentlemen DO no, proph
~