The Winslow mail., 1921-01-14
LET'S ALL GET THE SAME SPIRIT

There are some interesting pro-
phecies in the late report of Brad
street, in which illusions are made
to the coming year that now stretches
it's months and days before us. It is
worthy Of the time Of any person,
pessimist or optimist, to read this re-
port. It leads us to contemplate the
seriousness Of the situation which
confronts the entire country, at the
same time inspires with confidence
that any disaster is an impossibility
Bradstreet says:
In the first place, it apparently
needs to be again brought to the at
tention of the fainthearted that this
country has SO far come through
lightly from the troubles which have
beset the world as the result Of the
over-weening ambition of the German
militarists; that our present trade and
industrial troubles, due in part to our
own extravagances, are the natural
results Of the antecedent causes, and
that it is best that the reckoning came,
as early as it did In other words
our condition might have been a.
whole lot worse-it is certainly a.
great deal better than is the lot of
our European friends and allies. The;
industrial worker may be idle in uni
precedented numbers and fraction
of his pay (25 per cent, perhaps) has
been cut, but he had an opportunity
to prepare for the inevitable reaction,
while he farmer, mourning the fat re-
aurns of 1919, should not forget that
hts naoney and crop returns are bet
& eh&- IN l914, 1915 or 1916, which
not esteemed bad years at that
tnne. For the great mass of people
who did not directly gain by extrava-
CANT wage or prices the return to
saner price levels Is a nearly unmix
d good, and all three of the groups
cited have the knowledge that, as a
result OF readjustments, dollar goes
and will go further than it did in re-
CCAJ udyS VI SO-CdllCQ UOuuulSSS pIOb>
yperity. The fact is that, for a while
at least, business will need the pres
ent quiet period to recast' its ideas,
form new plans and better concep-
tions. AS put by one observer, the
old figures are blurred and new ones
must be prepared.
1t is hardly to be hoped that the
present readjustment will not go far
enough to retire large number Of
those who in the past year and in un-
precedented numbers sought the pro-
fits of business life with modicum
of business equipment and deficiency
of ability to succeed. 1t might be we'll
if we are able to forget some of the
events of our recent "silk-shirt era,
Of extravaganza were it not for the
lessons conveyed that in the long run
ability, education and experience are
also entitled to their reward. Per
haps no better service could be done
the American business man, wage
CdtI Cl VI IlnCl Illdu W 1lOlu uQ "
his eyes the example of battle-torn
France, which in its patient re-
building of its shattered fortunes,
this year, shows gain In its
export trade comparing favorably
with all but the very largest gains in
cur own. With the experience Of
some past years Of stress in mind, one
is inclined to look askance at efforts
of medicine men, of both parties to
cffer patent nostrums of the people
II the belief that rrts of congress will
arrest, delay or mitigate the working
out of the t.rcat natural forces now
IN operati III. The process of building
up us strength for which time AID
care are the man requisites"