The evening herald. [volume] (Albuquerque, New Mexico) 1914-1922, 1921-04-29
The Inside News
OF Washington



WASHINGTON April sp-rhe eul.
niinaiion o. Americas industrial ana
economic troubles viii be reached
about June ., Is. tho oplalon Of cabl-
nes officials and government esporta.
ny that date. "a Il believed. the
whole combination Of transportasloa
wage and credit difficulties win reach
their climax.
u the month OF June can be passed
without serious disaster. the adninls-
trailon believes the country viii move
into a period of prosperity and de-
decade.
A general rcudlustmcnt Of waren
particularly In the building ana aflll.
- Industries, must be effected ln the
belief of cabinet advisers.
Closed industries and unemploy-
h.ent u expected 20 be more power
iul factor In bringing this about.
however. than any direct negotl-
aiions between employer and em-
ploye. 70 far AS possible the govern
Hent viii Heek to assist readinst.
ments. but no one expects the process
to be either painless or harmonious.
The administration dees not expect
labor 10 do Il all. There muaf be fur
thcr reductions In the cost Of living
that viii enable the worklneman to
accept reduced wage.
hudics BY government experts
show that the retail trade generaliy
has not reduced its prices In keeping
with the reductions In manufacturers
and jobbers' prices
One cabinet head insists that de-
spite somewhat lower prices many
retailers are today making a larger
margin of profit on their wares than
during the height Of wartime prof.
teeriug.
Revival Of profiteering prosecn.
iions may result
General revision OF railroad rates
Is held imperative. although 20 date
The Interstate Commerce Comihlaslon
has not seemed Inclined TO undertake
any general rate .evision.
But administration advisers are 90
lnsisient on the necessity OF a thor
ough overhauiing of the rate struc-
ture that the commission will not be
able TO evade u.
wholly aside from the wage ques-
iion.' one cabinet member says,
there must be a reconstruction OF
the whole rate plan and readlust-
ment Of rates between different COM
modities"
As a result of tho general trans
poriation tangic Il il likely a trans
portatIon bureau. to study the whole
traffic problem of the country. will
be recommended by the committee
on governmental reorganization. Such
bureau probably would be un4leued
to the Dcpartr,ent OF Commerce.
A midsummer Improvement IN
credit and export conditions is ex-
pectcd TO follow negotiations between
Germany. and the Allies.
The administration IL confident the
Hughes note TO Germany declining
he invitation for this country TO arhi-
trate the sum Germany shall pay a.
reparation but offering TO submit 20
the Allies any proposition Germany
might wish 90 make. VIII result In a
resumption OF negotiations through
which some satisfactory and work
able reparation agreement may be
reached.
II is stated in official quarters that
Great britain. rather than France. u
the nation most cifficult 10 satisfy In
the matter of reparations.
The British mind. u II stated. IA
on the worlds trade aud commerce,
i The Brltcn wants German industries
20 hampared By reparafion taxes that
| they cannot undercut English wares
In the worlds markets.
Tho French. however. being 50 per
cont an agricultural nation. wani
| guarantees OF safety rather than pro-
lection from competition.