Great Falls tribune. [volume] (Great Falls, Mont.) 1921-current, 1921-09-28
OPTIMISTIC AT WASHING
TON.

OPTIMISTIC AT WASHING
TON.
president HARD ING adj
dressed the National Confer
ence on Non Employment. He did
not say anything about "the full
dinner pail being copyrighted
Republican party slogan and al
ways associated with Republican
administration. But he did say
that "there ought to be work for
everyone" No one at the confer
ence disputed that assertion, but
everyone fully realized that the
thing that fought to be- was not.
But the president was optimistic.
He told the conference that the
Omitted States was fundamentally
sound, financially strong, indus
trially unimpaired, commercially
consistent and politically unafraid, :"
whatever he meant by that string OF
phrases. Evidently when he said
the nation was financially strong he
did not refer to the finances OF the
government, for both he and Mr..
Hoover laid stress on the PROPOSE
ton that any relief for the non
employed could not in any way
come out of Uncle Sans treasury.
1t must be sought elsewhere, be-
cause the government was hard up.
Also when he said the country was
"industrially unimpaired" he could
not have meant what the words i'm
DIV. because the conference was
called to devise means to repair
the break in industry that has put
more than five million men out OF
work. We don't know what the
president did mean by saying that
the industries of the United States
were "unimpaired." We suspect
that he did not mean anything in
particular, but the phrase sounded
good to him. We have noticed that
he has a habit of using sounding
words that way in his public
addresses which mean nothing in
particular.
But we are glad to note that the
president is in an optimistic mood.
The millions of men who are sep
arated from pay check are natur-
ally not SO optimistic, but they hope
for a change, and it does look as
though times were growing 1T
tie better. This is the way they
sum it up at Washington:
Better times are ahead for Amer
lean industry and business, but no
one should expect a miraculous re-
ccvery this winter from existing
depression.
This fairly expresses the outlook
for the coming winter held by gov
eminent officials, economists oank-
ers and business men.
Facts upon which predictions OF
lettering conditions were based
are briefly:
THE recent development IN
cotton which has released large
sums of money for use not only IN
the south but elsewhere.
-Increased railroad tonnage last
week; idle freight cars decreased
more than $4,000.
3-The governments readiness
and ability to help business. Aid
rendered the cotton and livestock
industries greatly accelerated their
recovery, and has helped the whole
agricultural business, it was agreed.
4-Depletion Of stocks in almost
all lines of merchandise to a point
where buying in greater or less de-
gree will soon be inevitable.
Eugene Meyer, Jr, director OF
the War Finance corporation, who
is in charge of the governments
relief work for business, said the
next 90 days will show much i'm
provement.
There is no doubt from the facts
that we are in better condition than
we were," said Meyer. Cotton
helped greatly, and will continue to
help accelerate the movement back
to normal. Every good develop
ment like that breeds other good
Developments. Agriculture general
" is showing healthier condition.
Industry is beginning to resume.
When the railroads are helped to
the buying of cars and other equip
ment, the process Of recovery will
be much more rapid. Unemploy-
ment will be tremendously decreas-
ed when the railroads place orders
for new equipment"
Well after a depression such as