Little Falls herald. [volume] (Little Falls, Morrison County, Minn.) 1889-1950, 1921-07-22

preceding swing. A slight tap when
it starts back may send it farther than
it went on the up stroke. ,.--.,
Business has its ups and downs as
does the pendulum. In many respects
business expansions and depressions are
almost as regular as is the ticking OF
the clock. When business reaches the
peak Of it's climb, we can always rest
assured that there will be decline at
least nearly as far. The world war real
ly served as a vigorous push rather than
light tap on the business pendulum
of the world and sent it up and up al
most to it's zenith, in fact, many feared
the force Of the impact would cause 1t
to dash from the beaten path and crush
to destruction. But the upward swing
stopped Lefore the break, and for the
last year and half, we have been wit
Messing the backward swing.
! Many facts indicate that 1t is now
about time for the business pendulum
of the United States to return IN the
direction of business recovery. And IN
the revival of business which is sure to
occur. we anticipate that farming will
be ono of the first lines of business to
be benefited.
There are several reasons why the
farmer now should take an optimistic
view Of his business situation. The
wheat carrying over from this season
has been the smallest in years. The
latest information indicates that the
1921 crop is no larger than the 192o
crop.
Stocks Of wheat at terminals and IN
country elevators are reported to be
more than so per cent lower than a
year ago. The visible supply is the
smallest in eighteen years.
The supply of -four in the hands OF
merchants rs we'll as consumers is very
low. There was 20 per cent less flour
manufactured during the year ending
June lst than during the preceding
year.
OF vital interest to farmers is the
fact that there is decided shortage IN
livestock. If per capita consumption
of meat and meat products were SUD,
denly to return to normal, the demand
for meat would be far greater than the
supply. oo,
During the first five months of 1921
there were 7,716 business failures IN
the United States as compared with
2.67s for the corresponding period of
1920. An expert statistician estimates
that at present there are about three
million persons ordinarily employed In
industries in the United States out OF
employment. It has been demonstrated
that the family of man who has en-
plovment consumes three times as much
of the things people eat, wear and use:
as it does when the head of the family
is out of employment. Latest lnforma'
ton indicates that the number OF un'
employed has probably reached the
maximum and that, unemployment is
now on the decline.
One can readily see that as workers
in textile mills, shoe factories, auto
mobile factories, furniture FACTORIES
etc.. are resuming employment, their
requirements will be proporr1onately
increased. Certainly this means a
greater demand and better prices fo'
all the things which are produced by
farmers. Lack of employment cannot
be improved until utilization of pro-
ducts is resumed.
Add to all this the determination OF
the farmers Of this country to take
hand in the marketing Of their OWL
products, which most assuredly will re-
suit in farmers getting better prices o.
at least getting larger percentage OF
the final selling price of their stuff, TO-
sether with the probable reduction II
freight rates, and we have ample reason
for feeling optimistic in regard to the
| situation the farmer will find hlmse11
in a few months hence.
|! There are other favorable signs anc
| we will admit few clouds on the horl
zon, but taking it all in all, the sltua'
ton warrants reasonable optimism
Better times for agriculture are coming
and coming SOON The farmers who pro,
fit most during the next few years viii
be those who keep eyes and ears VIDE
open for every bit Of information that
| will help them to Judge what is pest
for them to do in the conduct OF thel1
own business. -,
Buy the things you need to ena bic
you to produce crops and hvestock
economically. If you can cut the cost
of producing bushel Of wheat by IL
cents, that is equivalent to getting III
cents bushel more for it.