Norwich bulletin. [volume] (Norwich, Conn.) 1895-2011, 1921-01-03
LOOKING AHEAD

Just what the nav year has in store is
something that time will be required to
tell but confidence Is being manifested in
many directions that it viii show a, mark
ed improvement over the past year if not
the complete. restoratieh of good business
and gnod times.
For several months ,thepe has been sx-
peFienced a neriod of marked uncertainty.
High prices aroused 50 much resentment
among the consumers that they determine
ed 10 keep their purchases to necessities.
They virtually went on strike Against
buying. utilizing what they had and
lcouAt-E=A+A4 the imprassion that had
been given cAat only the goods that were
marked high would .he bought. It caused
a shutting down in production and no
orders or cancelled orders stopped the
wheels of industry, but Yith that came
the cutting OF prices and today the read
juStment has made such progress that
goods arc being moved more rapidly and
the outlook is less tense. 1t isn't claimed
that the period of ,readjustment is over
but it is conceded that basic conditions
are sound and hat the prospecs are better.
Heads of large Industrial plants and
bankers express confdence that there is
q period Of prosnerity ahead with in
erased production ana pEeRer reAuns all
around There should likewise be reached
The day when the dollar will bS worth
,Qze hundred cents.
The extensive bids for business are to
be. noted on every side. There is a Tnove-
nent to move the goods that were made
under high priced conditions and get
Cd ~ 9th in I'D IN 1oc
en- the resdjustment, course that viii APP
,peaI to the consumers.
Just at present there are large numbers
Of unemployed but with business getting
Away from the war time basis this is
bound to decrease, one large industry
having decided to resume operations even
If Obliged to store goods for the present
so confident is it that business is going to
find a basis soon upon which it can Oh
crate reasonably.
Likewise much is expected from the TO
ltieal change that will be effected wnen
the new administration at Washington
takes hold the fourth Of March. It viii
mean the end of certain policies Ehief
have been tried and found wanting and the
Introduction Of others which are calculat.
10 meet the national requirements Il
viz mean the taking of steps for the es,
tsblishrnent Of an association of nation.
Tor the prevention of war, and unless W,
are greatly mistaken it will mean saw.
Ing Of large expenditures through 9
e4Ftailment of the large army AMI nav,
appropriations among the LEAKING nations
Fhere are many important measures tina
will get the attention Of the new con
gFess in order to place the government
business on an efficiency basis but from
the sentiment already expressed tn
present session may set in motion the ef
fort for an understanding .au arraanent
eetEeen this country, GREG. Britain an,
Japan. But whether at the present sner
session or at the special session Bhicl
viii be called soon after the enw admins
tratioh takes hold it will be matter
Widespread impertanee.
This year likewise marke the epenin
ef-S new state administration. Tho stat
has hae the eapable director. Of Govelne
delcnnb for a three term period an
though required to leave the bench be
cause of agS disqualification be has ney
ertneless given the commonwealth adm.
able service as wsr governor. In hi
successor Everett .. Lake. tia state ha
every confidence and It locks forward
big administration to successfully handl
TAG many problems that confront it an
70 direct the affairs Of the state econon
sally and efficiently.