The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1920-12-10

ll1
- opinion 4 sxpsssssd IN Rock
lzsIA14 that notwithstanding tn
lIgGb6ae industrial and ts1de stag
lna1lsn both win 160w . decided
ilS0o1 towards impsuvgnsst aftsr
7tho beginning Of ~ cohalng ye4S.
~Untsrlying ali sthls Seemint
ielump IN manufacturing md busi-
tuoDo activities sAA J. l. vefn0o,
speeoident OF The Peoples National
hank, ~the fact cAnAot b dcAied
5that, the country hAS : 6-yesf de-
itefred building program, thctbands1
toI miles Of hard roads to build. well
lAllsd grsnaries, and, while the
!!fArmefs are at present ilnding the
bottom knocked out Of the market
for their products, they are bang
carried along until after January
next, when 1t may b confidently ~
ssumed they will find prices to their
liking and conditions generally
showing a better trend"
OnlciAls OF the Rock Island lines
lAnd Chicago. Burlington & Quihcy
railroad likewise look forward with
optimistic eyes upon the future,
freely voicing the belief that with
n changed administration public
confidence will be restored to . de-
gree consonant with progressive
ideas Of American business stand
ards which will give to the coun-
try q proper poise In industrial and
trade activities tending towards
sojNdhess and longevity.
sg railroads Making Ready.
In a statement given out by Bur
1inkton railroad officials the road
10 ct present holding up to q normal
standard IL its earnings. the
equipment, while not being added
10, ID undergoing a thorough over
hauling, the road at present having
many OF its locomotives and cars
under repairs at the Davenport and
West Burlington shops.
"While there Is q certain stag
nation in local outgoing freight
trafic noticeable in Rock Island
and vicinity, we now have q pro-
portionately larger volume OF In
coming freight which Just about
Offsets our deficit IN an outgoing
direction" said . Burlington Of
licial. 80
"The Rock Island road Is rapidly
tesuming its prs-war business basis
In freight handling" said W. X
McKeen, chief clerk ct the Rock II
land freight ONCE" and we may
safely compare our present receipts
with those Of 1914 as to earnings
and revenues" said McKeen.
Passenger Traffic Grows.
Charles c. Anderson. division
passenger agent for the Rock Is,
land road, announced that the pas
senger trafiic on all lines Of the
road showed a decided increase dur,
ing the past six weeks, due. sait
M. Anderson, to an underlying
restoration in confidence on tn
part Of the people in the ultimate
81 the general business outlook.
Periodically, l believe that
change In the national adrhinistra
lion has had much to do with tn,
turn Of events" said Anderson. :"
will venture the statement tina
within the next 60 days the public
viewpoint regarding business vii
have undergone q complete turn Il
the riEhtabout," said he.
1T cannot reasonably be expect
ed that there would be employmen
In such great numbers for men o.
: we have had during the past thre
J years. said Elliott ID. Fisher, as
a distant superintendent OF the stat
free employment bureau. THE sit
ration Is resuming what We woul,
call pre-war normally now, and "
10 not look forward to any Auc
similar demands for labor from tn
manufacturing interests unless an
ether war Is started.
Supplying Is Former Number.
However, We are now supplyin
about one-third the number of me
We formerly did to concerns in tn