The Pensacola journal. (Pensacola, Fla.) 1898-1985, 1921-02-15

louder he caws, just like the crow that
flies away from the field to notify all
| the decent birds in the forest that
| something has happened, although the
crow hasn't the slightest idea what it
Is cawing about.
His activities are peculiarly absurd,
but everywhere in evidence at a time
| such as this. 1t did not require very
much to get him moving. He got a
| fairly good start from the newspapers,
which, as a rule, are most sane and
/ sensible They made just a little TOO
much Of the slump in prices, and ever
since the inevitable crop of pessimis-
tic prophets have been wandering up
and down the land crying, ''Woe, Woe"
The sector occupied by the calamity
criers has been taken over by the ma
tional prosperity bureau. which aims
an attack all along depression's front
about April LIST.
1t is not at all surprising that peo-
pies minds have been seeing blue and
! a somewhat lurid color of blue in the
last few weeks. With the reactions
of reconstruction, a reasonable re-
| cession from the free buying of the
, war period was to be expected. On a
public mind ready for retrenchment
such gloomy forebodings acted like a
stick on a trigger of a gopher trap.
over night we found ourselves in the
grip of full grown buyers strike.
/ Undoubtedly, we were a little tired
after our stupendous war efforts and
our tautened nerves had to give way
under this strain. But the giving
away, even in the last lapse of democ-
racy's triumph, indicated that we had
lost just that little element of conf
dence which means so much in keep
ing business conditions normal and
prosperous.
And yet, there isn't the slightest
reason for this shaking of confidence.
Look the facts squarely in the eye for
a moment In place of blue, a man
sees all the colors of the rainbow-all
radiant with prosperity! For instance
we have a banking system which will
hold until the tropical regions 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 earth owes us money
Think of the billions of dollars in
NFsSNfNN eAAA AhAANS Altiu ABROAD D2TOrG
the war now in Americas strong
boxes. Our dollar is the only unit of
currency in the world. commanding a
premium in every market. Our ex-
ports exceed our imports by a wide
margin. We have the coal which ev-
| cry country must buy from us. We
have the ships to carry the coal. 1t
Is true that a few of them 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 it was
never known before. We have the
wheat and the cotton and the copper
ana the raw materials, and the world
must buy from us or do without Ev-
cry village and city in our land is
from five to seven years behind in it's
building program. We need every
! thlng from chicken coops to office
buildings, and these wants must he
supplied. If foreigners are unable to
| purchase our goods, because of the
exchange situation, don't get worried
| or imagine that we have to run the
worlds business all at once. Remem-
Der, we are behind in everything in
our country and. perhaps, we could
live on our own fat for a few years
and put our house IN order and get
acquainted with each other again. and
be all the better for it.
1t is true that prices are being adj
Justed in every direction, and many
OF them are already dragging bottom.
but don't forget that when you hit
bottom you always come up; perhaps
a little disfigured, but anyway, you
come up!
Forget the last five years and keep
your eye on the next five, and take il
from me that there will be more BUSH
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 al
job. The best cure for pessimism is
exercise, and the best exercise in the
world is to go after the business. And
the best time to go after it is right
now The old L. S. A. Is the safest
little spot on earth today. Her future