The Seward gateway., 1921-01-07
MEMBERS or THE Ass0CIXTED PRESS

may feel . slump to some sxteat with out it having . deep eifset on in
 dussry as a whole. baas once lss the wave of depression hit sss sodinsly isiv' and
 then the whole nation win be In sor . period of suffering. The United sssses
 is a winning hand. Don't. make any
 mistake about that. The track is clear end the opposition negligible, but t is the height of folly for merchants of Ill men to ride the rsee and pull the rsins.
 In many sections of the country labor is showing . disposition to con tribute to the support of readjusting business to conditions. New England textile workers have accepted reduc- tions in wages rather than sec the mills closed. Forty thousand Now York truclsmen have voted to work an Id. :Itional hour per day at the ssme wage. There has besnn : great i'm. provement in the efficiency of work: se CTS, prompted by the desire to foreseall wage reductions and to hold jobs against the return of wetimsa' from war industries.
 This tendency toward lower wages and greater efficiency is being oppos- od by the American Federation of ta- Dor on the ground that it pressges .
 strengthening of the open shop idea. union workers are for contributions to be used for closed shop propas.nda. The economic fact with which such propaganda must collide h that there are more men today than thers are jobs. and that there will be still more men as wartime activities ars grad: ually brought to an end and the full tide of immigration sweeps westward from Europe. ;
 All of this means that the shithng workman is being compelled to give an honest days work for an honest days pay rather than 1t being an in. dication of business depression. It means that many prices wiil eonse nearer to normal, and the sooner they do the better. It is fundamentally wrong to assume that Amefieaa busi-, ness prosperity depends upon abnuor- mai prices. It is the steady rnanufse- ture of commodities and their steady sale at normal prices that spells pros- perity in a nation. :
 In spite of ali of these facts. how ever. it is true that the eonysrsatiea of ignorant people is making rathsr isn injurious impression oa. the minds .eS some of tho people. It is rs&lsctsd in common conversation on tho strset, Things are not good" "tha ,bs.ks have drawn in on eredits, :. x. .'ssthsrs 1ssi] some rocky times ahead uov.' sad dh-. er generally harmfal taoasas .xre1 banded about to spread liks vilaftre. / It will be we'll for merehSaetsss watch the coming activities h Wasks ington in connection with Aneajeaa trada Virtually every seaasor Is u; pressed with the thSatkt %a @ slump. Many of these ! nssa s tsss their cues from tho largeE city newspapers; This is well eneush heeauas itlstilua latss legislative aetipp : tsediae Sssb ameliorate- certain cond ditieaa tkaA ApA trade in cheek b samss sss1shk 3l1ss is some talk of ! billt tsws . '. dian dumping, but the whe6e SSai I'll Sss say such 1. neasuss !!a... .y9gA q ' \ hisd ia 2 mass of f,'s asmsssn.dhnsets ss.h s h 1T Fl cotton. wool and esAsr Rsyis eo $ ities. Then there is ssik e TT . .. prohibit a'ap. import. .ss ylers lss dsass.s dnssry l. h danssr. tais ! .! ss : : uss.sss of tenporary ssssgsssaias n sAalt Washington h Mksly . q &leis, s-