The Chickasha daily express. (Chickasha, Indian Territory [Okla.]) 1899-current, 1921-02-01
When viii Business Recover?

s;s s ,bc ,ecoycry Of hsness from depression which
swept over the field of commercial and industrial" "cN"y
last ral lacking and indeed are very enconraRms p @
wide was the movement including nothing less '~ Inc en'"'
world and SO deepscatcd the conomc conditions
that going require much time to rebuild the structure N
wcntiaown when prices began TO tumble Nhch WI" 'o"l
~ c,mog In nm effort to answer this question: ee nigh al
riiv declares normal business not due TO arrive un every
body gets over thinking that he can ENJOY low prices ~ % N
80 r b.rs and nigh prices i. Tor himself alone
.I situation is going 10 mark time until Their general rScos
milton Of the fundamental condition Of prosperity industry "'' "
One Of the greatest opportunities for starting industrial a
tivty pointed out is ON construction" work ana "r,ru' m
h n everywhere essential condition faced Costs must
come down far enough protect tle investment People w" not
bid hoses any than they will make goods on grow crops
unless come down 10 point where 'ney peee ,nS pa %
will he worth more they have expended upon IT, " ihey lh
will be cheaper to build houses next year 'ncy "r n "
This year Periods of depression will last m snch pnes"S '
scled When there is of opinion that prices nave
fallen about as low they will fall and when in each industry the
seem o be line with prevailing prices III oher hSu'S ~
; ~ obt for forward movement When the forward move
ment is started general advace likely to take place as Seh
uet changes and demand in all lines improves but the general
decline necessary confidence ut important 10
avoid both oveconiidence and undue pesslmlSn says e
L; noed Overconfidence will retard The readjust
ncns which are necessary for the resumption OF orderly progress
and undue pcssmm will just surely mold back the FORWARD
movement by sitting effort rhc country gong to recover '
il will recover far more rapidly II eNerHpou! ui'' wv 49,
Fundamentally the principal of the present depression
is e diminished buying power of the peoples OF the world result
ing the wholesale destruction OF wealth by ne gf N'
course street business philosophers have different dag
nos assuring the farmers for example, that ther roupes
due 10 gigantic conspiracy among market manlaors proli
tee and Wall crooks and profcers although owners Oh
stocks and operators securities have SUI cred even larger o
than farmers general decline but mn VINO ead au h
know better Premier Lloyd George OF Great Britain told tn
exact truth about the situation as exists IN America no less w "
England when the of recent address he salu
Now the first thing have got get into our minds IS TINS
The cause not peculiar in country It IS something lnat al
ects whole world 1t not an atmospheric depression a a.
fe,s one degree coast country 1t gres the earl
United States America Japan China India France ay yer
MANY as well the United Kingdom The whole world suer
inc from IT, Now it important when you come To tmK Oh RENE
ties to get fundamental fact into your minds 50 nat we sou
not run remedies that be applicable to one country d"
not o another. m
"For instance countries with totally different ec0nomc s
tcms are suffering aProtecons countries Free Trade cour
tries countries with good Governments and with Dad governments
They all suffer alike raining on the Js ana e uJus
bon stint And socastc countries suffering just like hos
wreched nlvduas suffering The working classes are NOR
y,ced where the sun liberty IS shining them under tn
a Of ene and Trotzky than they in this benighed countf
where they are locked up in the dungeons of capitalism
Whcre is trade now? Our customers are mpoVefShc'
,lr nm not s,e about borrowing The printing press
save Won for time you always carry sack OF ppe
on your backs That what is happening III Europe lhqy cams
Get on without it. and when they buy they cannot pay have y
ey seen he spectacle Of down at heels standlf
n front Of shop window looking clothes and boots q the late
fashions And you say why does he moi buy he IS u rags
needs them why he in the shop lie cannot pay
Europe standing front Of shop windows stocked wit
he hest goods any out And is in rags and wan
to buy But its pockets full Of paper 1t cannot buy A a
~ customer Is in condition to trade with you we must admit
DO work pretended causes let us ge' AT leas pr
am got work its way back to lu purse ana nl !. 40
that nothing that Governments can 40 nothing ha' leoeio
can do and nothing that newspaper articles can do can ep Us
Until England Germany Italy and all the ether countries s.
rnc from devastating effects of work their way back
! fnl purse and able to buy our cotton wheat meat a
ractured products as they did before the cannot
n reoa all that have lost In the meantime our problem IS
du onr business conditions they exist inns necessa
reimbursement all along the ne participated IN by farmers MAJ
fts merchants workers and all classes Nobody
benefit by seeking seshly take advantage oil anoher 1t IS
proIe all be solved by the united efforts OF all .
mess will recover proportion to- the rapilty with which tn
t,,,s penetrate the public mind and are put INTO practice
~. --ne Would Come