The Wallace miner. [volume] (Wallace, Idaho) 1907-current, 1920-12-09

, Charles T. Hutchinson in Mining
and Scientific Press).
Defation, nearly two years overdue
is under way. The artificial abnormal
boom that affected every branch OF
industry on account of the war is
subsiding fast and now normally
is upon us Industry is experiencing
the pangs incident to a gorged stom-
ach full of rich food and the purging
process is painful but necessary,
while the chances for a better and
bigger constructive development of
natures resources are brighter than
ever.
Wars demands threw all of the
considerations under which business
is ordinarily conducted into the dis
card Price or cost was relegated in
to a secondary place. Delivery be-
come the prime consideration Time
was the essence. and as everything
had to be produced at abnormal speed
in spite of the reduced productive ca
pacity consequent to the withdrawal
of millions of labor units for military
oGlN lCdt al AAlIIldi olAOA ldSC Vi ID
Dor ensued that brought the cost up
to an unheard of figure.
The result was the silk shirt" per-
iod. The three dollar a day man.
finding himself in the possession of
ten dollars, fifteen dollars, and even
twenty dollars for one days time.
rather than one days labor, went on
joy-ride. SO did his boss. They
bought lavishly of totally unaccus-
toned things The vendor of fancy
clothing, the purveyor of pleasure
cars, the real estate man, and the rest
of the crowd experienced a boom the !
like of which they will probably never /
experience again. Our Uncle Sam |
himself took part in the fray and de-
vised a fearful and wonderful sys-
TEN of taxation designed to skim most
OF the cream off the war profits in or
der that the inevitable headache of
the morning after might be assuaged
by some money in the treasury with
which to pay the bill.
Now that the fog of battle is clear
ng, stock taking is under way. Prices.
securities, and all sorts of commodi-
les are passing slowly and tortuous-
y through the clotheswringer of re-
and the water is slowly
out 1t hurts There is no ,
Ioubt about that, but, as the con- r
cientious mother said to her fractions =
hid when administering corporal T.
with vigor and the aid of
slipper. Johnny. this is altogether
Or your own good"
1t is not surprising that the labor y
mons are FESTIVE at the realization n
nat the old going slackness in +,
lctory discipline is about over. Bad n
abits are easy to acquire. but diff n
Mt to overcome. The artificial lin -,
alton of output, which has been en- y,
by many labor leaders, and
as tolerated during the war period II
= employers because they could not o.,
Zip themselves. must 60 The tenn h,
'rary hiatus in general business is O.,
e factory managers opportunity. he
Id he is taking a deep breath and is
ling into his house cleaning with -
gust OF enthusiasm that is good to hi,
le;
In the factories of the country. the sy
a of hiring and firing has returned tn
ihlled orders in every field are di
nishing' and. as a result, men are lie
ing weighed in the balance of per art
nance. The loafer. the Stacker. ple
unskilled are being weeded out cir
tn vigor, and the effect upon the est
u mechanic and trained man is ma
utary Many thousands of unsl<iu- ov,
workers from the so-caIled nom veg
entail industries, who, attracted isl,
the high wages and slack discipline the
intained in the shipyards and 9TH is
branches of the metal trades. will
nd their way 10 IA place on the ma
rolls as mechanics. are out of a eco
As a consequence, the ranks of ern