The Birmingham age-herald., 1921-09-07
CRISIS HAS PASSED AND BUSINESS ON
 ROAD TO RECOVERY
tContinued from Page Five)

signs leading to the conclusion that the crisis has passed, an1 that we are started on the road to recovery. We notice that the gold of the world is coming to our country rapidly, while thls tends to enshpen the rate | of interest, to raise tho va,iio of lib- erty bonds and other low interest bearing securities, and increase the price of stocks and make easier the 1, financing of necessary enterprises, it seems. at the same time to make mcrc difficult the opportunity of foreign nations trao.n-s with us by
 cheapenng foreign exchange which l increases the difficulty of tEose na- tons who would like to buy our products.
 Products of Farm
 "As the south has depended on the
 products of the farms for it's pros- perity, and those products are among the commodities that began the de- flation first, compelling a very large part of our population to quickly ad-
 just themselves to the new condi-
 tions, are now on the basis to go fol|
 ward. Recently, owing to the short
 age of the growing crop of cotton, one
 of our staple crops. the price is be- ginning to advance and doubtless VIII COHtiiiut bO What oui PtoPit term a fair price This is producing
 desirable condition of mind which leads to better business and a more hopeful condition. The advance in
 price will largely compe nsate Cor
 the shortness of the crop and the change in the spirits of our people is worth more than the money value gained.
 The question of wages, which are still out of proportion to other
 things. must be further adjusted and those depending on labor must make their contribution. The railroads
 need to be put in such condition that they can make the needed improve
 ments and lower their rates. The
 railroads are large part of the prop | erty of the nation. We cannot have l full prosperity until all classes of our prosperity are properly adjusted l and placed on an equal basis. Farmer Cannbt Prosper "The farmer cannot prosper while
 he sells his products at a low price
 and pays high freight and high prices for implements and other things he must have. Full prosperity
 means that all classes must be ad-
 justed to basis of equality, so that the necessary exchanges can be
 made on an equitable basis.
 "Wealth is created by production which means honest labor After production must come thrift if we are to have anything to add to our store of wealth.
 Summing up in conclusion. we
 have passed the crisis in the process
 of deflation and are on the road to prosperity with yet long distance to go. This distance will be travelled when our people get to work and practice habits of thrift. What we have been passing through is nothing
 new and students of history realize
 that our present experience was due us and should not surprise us.
 Road to Prosperity
 'Iikewise when our people are we'll employed and practicing thrifr we will surely be on the road to prosperity. Let us not therefore be discouraged go to work with a good will and things will surely adjust themselves, The job is not so much up to Congress as it is to us. We are prone to wait while we watch Con gress and our state governm ent. look ing to them to bring about good times. The real remedy is for every one to attend well to the duties they | have in hand and when they do this, conditions will rapidly adjust them selves and we will have prosperity I again at our door. Let us have less
 interference in business by our gov | ernments and more good business In | government. Mr. Moore also announces that upor | investigation of the records of Ousi- ness done by his firm in August he l finds an approximate increase of 10
 per cent over that of July.