The Arizona copper camp., 1920-06-12
SHAMEFUL MISUSE OF MONEY TO[D;
AMERICAN PEOPLE, WASTE eight AND
4 HALF BILLIONS since ARMISTICE

on his place, at 81 apiece. Even the
domestic, cat is now an important fur
coat commodity.
The spring, 1919, clothing business
showed an increase in cash value of
sales over preceding year of some
thing like 4O09e.
While the weIl-to-do man. is pay
ing $175, or more, the man who buys
ready-made clothing is paying still
more proportionately; for labor costs
the same and the only difference is
the cost of the fabric, which is neg
ligible in computation of selling price
of the suit.
Boss Only Wore "Ready-Made" Suit.
The head of a great freight-forward-
ing concern said: 81 am the only
man in my office who has the cour-
age to wear a ready-made suit and to
economic. The rest of them have
gone crazy"
But labor is beginning to realize
that the fat pay-envelope is not keep
ing pace with the prices of what he
must buy-or desires to buy.
One great packer of foodstuffs said
last month Prices must come
down, although l. don't see how they
can with present high cost of labor
and materials. Yet, somehow, come
down they will or must AS result,
am not permitting statesmen to sup
ply our retail trade with what they
think they want They may only
purchase from us such products AS
their demand shows they need.
will not let them speculate on futures
through this house and thus compli-
cate market conditions still further
and add to the misery that may come
Of false anticipation of the way the
cat will jump"
Cheap Foreign Goods Coming In
Cheap foreign goods are beginning
to pour in from Europe. To many
heard-headed people, it foretells a
calamitous condition. When the bot
tom drops out Of our export trade
a5 it is certain to do-there will be a
terrible reaction. There will not be a
panic. AS Henry Ford says: There
Is no fear of panic in a country whose
dollar is the worlds standard, and
where there are plenty of dollars. The
thing is to persuade people that it is
silly to waste those dollars
SO wonderful has been the growth
of importing business the last year
through New York which now col
lects, more revenue than any other
two ports in the world that New
York warehouses and piers are con-
gested with foreign-made goods
Many importers are Intentionally stor-
ing their goods lit waterfront ware
houses in bond, to be drawn out when
the market is favorable.
Extravaganza is not so much a
pastime of the rich as of, the newly
rich A Chicago banker estimates
the war added 10000 more million
aires to the United States, and bill
lions to those benefited by general
increase in wages.
Laborine Woman Buys Dress for $500
I was told recently by the manager
Of one of the biggest dry goods stores
in New York, that woman-an
Italian, in a plain gown, with a shawl
over her head-entered their dress
department and asked to be shown a
certain ball gown displayed in their
show-window.
Why" said the manager Of the de
partment, you don't want that dress!
The price is $500"
The woman insisted on buying the
dress. She paid for it from an i'm
mense roll of bills extracted from her
stocking
Madam" remarked the surprised
clerk, how can woman like you af-
ford such a dress"
why shouldn't I?' she answered,
when there are five men in my fam
lily making over $1O0 a week apiece. !"
NOWADAYS