The Pensacola journal. (Pensacola, Fla.) 1898-1985, 1921-05-01
II Month of June Can Be Passed
Without Serious
Disaster.
GENERAL REIMBURSEMENT
OF WAGES NECESSARY
The Administration Does Not
Expect Labor to Do it
All Is Statement.
'(By n, 3. HUNT.)


WASHINGTON. April 3O.-The cul-
r,pat,on OF Americas Industrial and
aoonomic troubles will be reached
about June 1. in the opinion Of cab
mat officials and government experts.
By that date, it is believed, the
whole combination of transportation,
wage and credit difficulties will reach
their climax
/. the month OF June can be passed
vtth,1t serious disaster, the admins
tration believes the country will move
into q period OF prosperity and devel-
casamt not equaled in the last decade.
y
A general readjustment Of wages,
pSrtioufaTly in the building and skilled
industries. must be effected In the
bsAef OF cabinet advisers.
Closed Industries and unemployment
In expected IN bringing this about,
howsver, than any direct negotiations
bstween employer and employee So
far m possible the government will
seek 10 assist establishments. but no
one expects the process to be either
painless ~ haxmontous.
The Standardization does not expect
inoor - do 4 all. There must be
further rsdncf1ons IN the cost OF living
That wfN enable ths workingman to
aooept . reduced wage
Studies By government experts show
efs<x tho retail trade generally has not
reduced Tn prices in keeping with tho
re6uoetcns IN manufacturers and job
nsrS prices.
One cabinet head insists that despite
somewhat lower prices many retailers
are today making a larger margin Of
profs on their wares than during the
hsight OF wartime proffteering.
Revival OF proftteering prosecutions
may seSui4.
Gcnsx1 esvfsien Of railroad rates is
A6d imperative. although to data the
nt@vtats Commerce Commission has
Soe seemed inclined TO undertake any
general rate revision.
But administration advisers are 80
hisistent on the necessity OF a thor
ough overhaulins OF tho rate structure
chat the commission win not be able
To evsde Il.
wholly aldo from the wage aues-
ttcn.- ons cabinet member says. there
must DO r'ooonstruction OF tho whole
ratio plan and q readtustment of rates
seeween different commodities"
Al a result OF the general transpor-
sxtion bureau. to study the whole traf-
10 problem OF tho country. will be rec
commended by the committee on gov
ornmental reorganization. Such a bu-
reAn probably would be assigned to
the department OF commerce.
A uxd~snmmer Improvement in
oreh4 and export conditions is ex-
pscesd 70 poAow new reparations nego-
tmtaons pasween Germany and the
allies.
The administration IL confident the
Hughes note TO Germany. declining the
Invitation Tor this country to arbi-
trate tho sum Germany shall pay as
reparation but offering to submit to
tho allies any proposition Germany
might wish 20 make. will result in a
resumption OF negotiations through
which some satisfactory and workable
reparation agreement may be reached
It Is stated IN official quarters that
Great Britain. rather than France, Is
tao nation most difficult to satisfy in
tho matter Of reparations. The Brit
ish mind, It Is stated. Is on the worlds
trade and commerce. The Briton wants
German industries 30 hampered by
rsparatton taxes that they cannot un-
dercut Dngrish wares in the worlds
markets.
Tho French. however, being so per
cent an agricultural nation, want
laranteer OF safety rather than pro-
toCtlyn frsoYn narun ~ ftion