Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1921-09-13

it VIII take It least two yesrs f.
them 70 get on their feet EosditioEa
age worse thSa rear ago..
S.OE3t Of % b9s51Ess nssa taBea -
I this week none xauId hazard q guess
As 70 Sken bsssfEsss VIII revive.
writes w@li Known labcF leader froE1
Kansas City. Missouri
On the other hand even fhs most
pegsirnistEc ot the replies reveals ~
implication taa1 eeonoEalc .eonditioEs
Throughout tire country are not S01rl1
t1ndz aaeEtaIIy. although sonae nzag
reeuIrr rlr1e. EFFORT ard perhaps egea
Every answer shows that in all 10
czlitses there IS courage and deterni-
sztsoE-
-aIrko4sh conditions are depressed
money thaa might De expected sHd are
saving AID nat spending IL. banker
IL nzay localities write
BrsInsss men il most cities say
that banks are sst pressing them M
duly fer payment ~ loans: white the
ma torTty Of the bankers state that a.
though borrowings BY merchants and
manufacturers are IN some localities
Ualia gldarsd Inventories through
out tag United states must in
eFltanly ss sold at great sloss and
the railroad situation dses net var
rates Pennsylvania banker writes.
NssertEsless. good business times
should arrive ii 1899 because labor
VIII be FeadjuSted- During the var.
Vow. every man must Do more WORK
than tie Average man did IN war
Tires
Retail trade conditions are improv-
sent Of Kansas department store.
The trouble has been with some of
the merchants themselves. When they
have sought business with intelligent
aggressiveness- the public mas wiling
~ responded The only people n our
city who say business - bad are ner-
chants who are trying % hold up
prices. Banking conditions are al
most normal and wheat is moving
There IS LITTLE pessirisr IN
North Carolina" writes q banker from
that state, hut farmers Eho n 1915.
1917 and 1919 received 80 cents and
81 90 z Dn1n6 for their tobacco. are
selves 70 .ow priced tobacco and COT
ton"
We expect a business revival be-
tween OCTOBER and Decena Der" Chi
r much acknowledgement and collections
are not good but the public seems 10
have money and the saIarIed class
seams to Be finding that living ex-
peases are coming down.
FryDne here - most hopesuI for
a business revival th;s winter. writes
4 Portland Dragon. banker Last
year crops oE!E paid the expense IT
haTEest:ng IA, this year 3n.hhh Doc
bushels Of wheat arc being harvested ="
Oklahoma merchants are selling
more goods than In 1920 and prices are
greatly reduced, writes an Oklahoma
C.ty banker Most people think the
aps'n"ss revival has already COM
n"rcef. P~sp!s have more money
than their expenditures indicate. They
are saving and investing IT, Assets
~ building and loan associations are
markedly Increasing and man bers
snoVing 10 need of cash. Although
t1rse-faurths Of last years cotton
crop mas be@n carried over. three
fnGrths If this ysars - $50 geo husfel
JHiahorsa what crop has already
been Sold
Although general business here Is
G~c-eas'rE anxiety about the future
q decFca sing also" writes a RaItI-
more manufacturer.
REPLIES 10 the qutstiornaire bring
out certain national economic present
fav truths rrry clearly ana very lIse-
fuilr." President Jryra commented in
making public the summary. Eco
fhmi" conditions throughout the coUr-
r are f9nfs mentally sound. BY this
! man that there seems now M dan
trouble such 81 many people secretly
Worried about A year or two ago.
enst n the present business stagns-
AoH y Due 70 the inevitable resdiust-
m snt n exaggerated war prices and
war wages In this readjustrn Mt
some page-earners x;iI natura "
and may crr"necusly thlnH that
they arr bnaT.ug the brunt On the
CONTRARY. American merchants manu-
facaTers and farmers Whn are over
-fF@ Ecd With go1ds and products
~r"atrd a. wartime cost. will be much
the heaviest suffeTcrs Replies TO the
qucstinnnajr" show strikingly that the
eazf majority ~ wage eaFners and
husirr - rder ALIKE understand the sit
Iati"r and accegf II with courage pa