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

live seET-respeetingiy upcn such read
tEs-e6 wages. The retailer seems TO
be The re1zr63Eg influence
~ Wien THE pcst-Esr unenapicFed
class find and settle cSxn lnto' per-
sza&nent EsefsiEsssss-
Reasons for SpFi asasEa. mentioned 5y
! the merchants BANKERS and SIasufac-
! taTers- IN their aEesti0nnzsre answers,
II xoaey. both zers and abroad, i
row raaeh easier than during tie last
F.j TIE reserve ratio of the FED
erzI Reserve - steadily Increasing
j. ~ Lz5or di1eaitIes fin some
fststes. Al 5ez=tg seem 70 be decreas-
gax ard rhe workers seem 70 be read
/ ly cooperating n reaA5astment %
eSrnestl- rendering efficient service
: rctsltkastz naias reaaetion IN yzsss,
~ TE@ probable fsvorabEe ont
csrgs IF President Hssainss approarh-
sssg Fsssagrss@HaeEt Conference
90 TIE natsor- vide economy poll
~ II Govern u~sst- corporations sas
the general public.
~ The possIbillty tszt farEe1s
sd stick naen RAY be able to sell Z
esaG! part Of thefr products 90 good
fern2s this autumn and tat taey vi!
. sssasGste -1s}r debts Ta5s Sflt Era
terlal}E o%Hslst mar MA t4F@fs, D<hs-
ers merchants and wags-@arn~rs, etc
Reasons which merchants manu-
fzctaFers and bsrsers IL some ssc-
tons. give for pessIraIsra regarding Al
early busi Dss Improvement are:
~ IasTs bffity Of raw material
- Laes Of toying po~eF--or an
/ pn wsIi}ngness % bUy-eF the general
20 Lack Of buying power in for
-, present. railroad freight rates
- Personal and business debts
farmers merchants and manufacture
ers r. sonae sections. and also the
e~jEg substantial sums
~ Heayy taxation throughout the
country, and apprehension Of It's con
- Cnemnl..ynasst, sHa e, + p. nros :,
possible bread lines in some cities.
49, Failure to ifquidste several ~
.aSf years great national TaS prod
4cf9 ~ an extreme caSe: ana the pos
s3f.itifg that Improbable liquidation
If gome of thNs~ products may BE-
forced tais autumn
Bankers. raerchan1s and fnaHgfac-
f8rers 10 sew YORK. Ginhesota.
.,.e,nasyiv:s. "a. K4.,ss %erth Carolina
DktzaDna Georgia. California Colo
RADIO. Arkansas, louisiana Kentucky
ana Tenne ssee tazf & c0nsery atIgeIy
hoB~fB! view. stating that. although
states. i s@@ras row 70 be On the
nerd Cp!1i1a N some ptEar states -
, d-Ysd@d aad uncertain.
9n. ne otter hand. come fnancta
snd business heads - ch!a Zebra ga
Mar ard Main. T'-an. Virginia.
so4rh Carolina AMI ~ .zona are pess.-
raistic regardin= Io<af cnnG lions.
Lars - erGrrE for lumber has
"}rsed aa5st 9f -r@ saW mills z eas'-
err Maine" PaneHr business man
Ur.tae. 'Td@ eHcct vii 70 felt most
, 6ea...T several ra"aths kfhe@. How
th@ ja5nr.rg class in Mains vii sup
( part 5tseif this ssater may become A
. grave 2rohlem.
u5cmbloyso and bTesf!lne is iTnn.-
n@nt." er.tes prominent Aaine
"HapH and heavy cuts In the prize
tHt ri. nave seriously embarrassed oi.
prNd -e@rs. and they are nov cutting
eag"s and cYrfaiiing drigliagt writes
4 merchant ~ T0Iedn CEIo.
: 'ararrasna. 40 stn<ks are worth moro
than ~ ie-~ fEa5 n year ago. Buzz
( n"as vs.. nnt% -rv.ve when people arr
willing 70 NoIS for Wnst theg ian get
/ and 70 i've wish4n Their incomes, "
states ~ Chlo manufacturer.
There ss.rns 10 re no money ard
: NJ Dor<-" a Canton. Dnlo, hank Gfiria'
saro "Cnty 5gr< If ohio factories are
On fyl. t,fnC. Mar applications for
: rFe1Jt are usG~ at tho stores than ever
before ana collections are ssjd 10 ~
> unugLaUy difficult. cart Gf iiFing. in
, DhID' IL not coming down IN pTnphr
trtDa WITH the reduction in Ha@es
Same Wril informed pcrsona looE fff
; an eariy trade resiyai but Saukfrs and
/ trade IOurHala believe the real rey3ya
| viii hot come for two Dr three years
I M investments whatsoever are being
made"
"%ebraYka Tncrchants do not expect
normal bukiHesE for two Years.
writes country banker Of that sfa'f
! -Natf.r roen have lpsf 40 much money