The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1921-02-15
CHANGING THE TUNE.

Less than year ago the people
were being urged by the guardians of
the country's economic welfare to put
an end to their spree of extravaganl
buying. The urge was needed. Now
there seems to be a fear that the
| thing may have been overdone or is
being carried too far. SO we find a
member of the National Prosperity
Bureau addressing the public as fol-
| lows:
With the reactions of reconstruction,
reasonable recession from the free
buying of the war period was to be
expected. Undoubtedly, we were a lit
tie tired after our stupendous war
efforts and our tauntened nerves had
to give way some time under the
strain. But the giving away, even in
the last lapse of democracy's triumph,
indicated that We had lost just that
little element of confidence which
means so much in keeping business
conditions normal and prosperous.
And yet there isn't the slightest rea-
son for this shaking of confidence.
Look the facts squarely in the eye for
moment. In place OF blue, a man
sees all the colors of the rainbow
all radiant with prosperity! For in
stance, we have a banking system
WHICH Will IlOlQ uIlll the re-
gions freeze over. We will have no
money panic. We have more than
half the worlds known supply of gold
in our banks. Every nation on the
earth owes US money. Think IF TIE
billions of dollars in stocks and funds,
neld abroad before the war, now in
Americas strong boxes. Our dollar is
the only unit of currency in the world,
commanding premium in every mar
ket. Our exports exceed our imports
| by wide margin. We have the coal
which every country must buy from
us. We have the ships to carry the
coal. 1t is true that a few of hem
may leak but we have the yards in
which to build others and to repair
the ones which we can.
Our flag flies in ports where 1t was
never known before. We have the
wheat and the cotton and the copper
and the raw materials, and the world
must buy from us or do without. Every
village and city in our land is from
five to seven years behind in its build
ling program. We need everything
from chicken coops to office buildings,
and these wants must be supplied. If
foreigners are unable to purchase our
goods. because of the exchange situa-
ton, don't get worried or ina CINE that
we have to run the worlds business all
at once. Remember, we are behind in
everything IN our country, and per-
!
for a few years and put our house in
order. and get acquainted with one
another again. and be all the better
| for II.
1t is true that prices are being adj
iusted In every direction. and many OF
them are already dragging bottom, but
don't forget that when you hit bot
tom. you always come up: perhaps a
little disfigured. but anyway. you
come upl
| Forget the last five wears and keen
YOUR eye on the next five. and take II
from me that there will be more bust
ness done in the next two years than
there has been done in the last five
years. and the man who sits still and
walls about conditions and times. will
find he has talked himself out of a
job. The best cure for pessimism is
exercise. and the best exercise in the
world is To go after the business. And
the bes' time to GO after it is right
now. The old L. s. A. is the safest
little spot on earth today. Her future
Inever was brighter and snv calamity
bowler who tries to sell Uncle Sam
short is going broke.