Evening star., 1921-04-21

with industry, according to Archer
Wall Douglas. chairman of the com
mittee on statistics of the United
States Chamber of Connmercr. Pros
perity, he declares, always has come
from the ground. When the farmer
is prosperous industry thrives and the
entire country huns. Reports from
all the great agricultural sections OF
the country are optimistic and Mr.
Douglas declares that the farmerS
particularly in the grain belt are
spending their money more freely now
than for several months.
NEW YORK. April 2l.-Although it
is admitted that the jewelry business
could be better" there is little or no
pessimism in Maiden Lane. The re-
to be doing a better business than
their orders to the wholesalers and
manufacturers indicate. This is partly
due to a desire to liquidate stocks on
hand. and in the case of finer jewelry,
to a hope that diamond prices are in
Tor u drop.
BALTIMORE. April 21.-A mdsum-
mer style and fashion show is novel
ty being Planned hsre for August 8 to
10. 1t will be staged in the 9TH Regi-
mcnt Armory. and in addition to fixed
exhibits there will be a fashion display
each evening with living models. In
connection with the show and in keep
ing with the season water pageant
will be held
Senator's are beginning to hear from
importers and manufacturing consumers
of drugs on the subject of the new tar
III law. very heavy percentage, eStl-
mated by some to be as high as IS per
cent, of all drugs used in mis- coIuly
are imported and it is claimed that an
increase in duties would result in large
ly increased prices to the consumers
and would place the domestic manufac-
turers at ii disadvantage in exporting
finished products.
PITTSBURGH. April 20.-The Unit
ed States Steel Corporation soon will
announce new wage policy, accord
ing to definite reports here. Radi-
cal changes are expected, judging
from recent utterances of Chairman
Gary. Perhaps an entirely new scale
basis. incorporating the eight-hour
day, will be the result. In any event
! it is expected here that the new
, policy will be revolutionary and of
far-reaching Importance. A definite
! announcement of the corporations
wage policy would have a wholesome
| effect on business in general
! NEW YORK. April 2O-A movement
is reported among merchants
throughout the country to join in a
campaign to stimulate buying by con-
vincing the general public that retail
prices have receded just about as far
| as they will go. 1t is explained that
no further serious drop in prices rs
expected or can occur.
This movement is said to'have had
its inception in Baltimore aInd will be
, brought up at the convention of the
National Chamber Of Commerce at At
lantic City April q to %.
PHILADELPHIA. April 2e-Discuss-
ing business conditions. George w.
Norris. governor of the federal re-
serve bank, said: I'm some directions
the liquidation process in business is
complete and more than complete. In
others it has still but a Ettle way to
go. If a man in business feels sure
that the rock bottom has been
reached in his particular line ne
should not be deferred from making
needed extensions by the fear that the
banks will not lend him money.
NEW YORK, April 20.--The Associa-
tion of Cotton Textile Merchants of
New York has decided to support the
movement for an embargo on the
shipment of cotton goods into Cuba,
with certain limitations. as a measure
of self-protection. 1t lis known that
the large Cuban importers and job
bers are stocked with enough cotton
goods to last them a !year or more,
and they still owe commission mer-
chants in this country for most of
these goods