Americus times-recorder. [volume] (Americus, Ga.) 1891-current, 1921-11-22
PROSPERITY BOUND TO COME
ITS ON The WAY.

ter times and better conditions be
ing here. Other papers were publish.
ing similar statements at that time
as they have for some weeks with the
gradual improvement of Fundamental
conditions. A friend was sitting in
a group-all loafing, incidentally
and remarked that he couldn't I'M
derstand why the papers were all
shouting about better times when he'd
be hanged if he could see any bet
ter times, but rather was sure con-
ditions were going from bad to worse
Well, we admit, conditions haven't
returned to war-peak prosperity-or
what we called called prosperity, for
it really was a race to ruin and would
have landed the world there is it had
not been checked when 1T was. But
the basis of these discussions and eX-
pressions of better times have been
actual Improvements in underlying,
primary and fundamental conditions.
They tell the true story. We may
not yet be Eeaping the results in a
Large measure, but the results are
coming as certainly as the sunrise fol-
lows the breaking of the dawn in
the eastern skies
The men who know, the men who
command industry and finance, all
agree that conditions have been
righting themselves for months, and
are approaching normal again. They
tell US money is easier; but we re-
ply that we know better when we
think of our banker and reflect that
he won't lend us any more money,
forgetting that we have already been
extended greaters accommodations
than we had any right to expect, as
has happened in many cases, and
haven't taken care of our obligations
to him when they came Due, but, IN
stead, have left him with the bag to
hold
But money is easier. An Ameri-
Gus man, who does very large bust
ness in farm loans, received notice
within the last few days from a larFe
Insurance concern which he repre-
sents that it would have available for
lending between no wand Feb. l in
this locality 100000 Heretofore it
has taken many months to get
through loans of that amount But
now the offer has come from the
company, and the agent declares that
applications for farm loans have fall
len off so much that it is doubtful
if he will be able to place the money
by that time. Farmers who required
financing during the stress from
which we are emerging for the most
part have already made their ar
Tangements. The others, for the most
part, are able to pull through with
out this help, or were beyond help.
Business is beginning to be better,
and the world is taking on new hope
as the result of the tremendous sue
cess achieved in so unlooked-for man
ner and in such short time, by the
worlds disarmament conference. The
New York Times, summarizing an
address by Judge Ebert H. Gary,
head Of the gigantic United States
Steel corporation, says:
Gilbert f.. Gary, chairman of the
Z United States Steel corporation, in
an address at the twentieth general
meeting of the American Iron and
Steel Institute at the Hotel Comma,
dore yesterday, urged that the Wash
ington conference go beyond ar
S agreement for the limitation of ar.
mament and enter into "a final treaty
which would prevent future wars H,
advocated an international under
standing for the discussion of dis
putes between nations before resort
ing to arms.
"The steel leader predicted success
for the conference, not only per Sc
but in reducing the burden of tax
alton and causing a return to norma
living conditions. Even a so PEE
cent reduction in expenditures fol
military purposes, he said, would b'
sprodigious' saving He doubted
whether there would be any decreas,
in the production of steel because o
the limitation of armament. If any
ut would be small On the othe
hand, he asserted, world peace woulN
mark an epoch of the greatest bust
y mess prosperity, as well as the larges
measure of happiness, that the worl,
has ever witnessed
"Mr. Gary said that he he wa
very hopeful about business and in
dustry. Things have been growing
better throughout the country fo
the last six months, and the volum
of business in the steel industry ha
more than doubled in the last nine
ty days. All in all, he expects :;
return to prosperity in the compare
lively near future
But he said that certain factor
are holding back a return to norma
chief of them, taxation. He warn
cd that any politician or party tina
stands for the present tax rates O
opposes substantial reductions ma,
expect defeat at the next election.
Our government is called upol
as never BEFORE he said, to reduc,
expenses and expenditures and t,