The Richmond palladium and sun-telegram. [volume] (Richmond, Ind.) 1907-1939, 1921-09-08
Think STATE
OF BUSINESS
IS ON MEND
Reports on Industrial Situa-
ton from Indiana Sound
Genuine Optimistic Note
Urge Aid for Railroads.
SEE REVIVAL COMING
PALLADIUM NEWS BUREAU

WASHINGTON, Sept. S.-Business
in Indiana is on the mend in many
important lines.
Business depression in practically
all of the other industrial states also
is beginning to lessen
The reports on the industrial situa-
ton in Indiana, as well as from other
sections of the country. which have
been received in Washington within
the past 10 days sound a genuine op-
timistic note for the first time III
many months.
number of eastern Indiana busi-
ness men have advised that they have
noticed a turn for the better in their
: lines recently. One of the most en-
couraeing reports received from that
section of the state comes from a
large wholesale grocery concern. Its
business for the past month was the
best since last fall
Urgo Rail Aid.
From many quarters comes the
statement that if congress will hurry
up the enactment of the railroad fund
ing bill to permit the railroads to re-
sumo activities in building and repairs
an impetus will be given the better
ment of the times.
The opinion is expressed freely that
the ranks of the unemployed will be
reduced materially once the railroads
get into their stride. The railroad fund
ing bill has been passed by the house
and its consideration will not be de.
layed by the senate as soon as the
recess is concluded, Sept. 21 Ap-
parently the country will be glad to
see congress at work again
The war finance corporation has an
nounced that prospects are good for
immediate extension of enlarged cred
dit to agricultural and stock raising
interests. to improve conditions in
those lines
See General Revival.
Based upon current reports building
can be expected to show an improve
ment throughout the country by early
fall. II the three great interests
transportation, agriculture and build
ing. which are closely related, devel-
op the improvement now expected of
them, il is estimated by economic
experts that trade among the merch
ants, dependent largely upon activity
in these lines will improve and that
advantage gradually will accrue to the
whole industrial and financial situa-
ton
Reports indicate that the farmers
L appear to be recovering from the
\ state of gloom which oppressed them
for many months. Senator Capper OF
agricultural interests, asserts that the
farmer has passed the turn in the
road. In an editorial appearing in the
current issue of his farm paper, Sen
ator Capper writes:
The outstanding achievement ot
congress in constructive legislation
has been it's great work for agricul
ture. 1t has laid new and firm foun
dation for national prosperity
Meet Little Criticism
Members of congress who returned
to their districts at the beginning o
the recess and who are now drifting
back TO Washington, state that the!
found that there was no general dispo
stion to criticise congress on th'
work it has accomplished and under
taken since the special session begar
last April
They found that the majority of th'
people realize that congress assumed
a great task and are satisfied Will
the progress which has been made
There is also a general understandin!
that corrective legislation cannot b.
depended upon entirely to cast off III
industrial depression. which is largel
the result of an economic situation
Returning congressman emphasiz
the fact, however that while the pub
lie feeling is now more favorable t
congress the continuance of this fee
ing will be dependent upon congress
keeping up the stride it has main
tanned for the past four months TIL
leaders in congress, it is said, are full
alive TO this necessity, and as soon a
the two houses reconvene a series c
- conferences between the senate an
- the house steering committees will b
held for the purpose of adopting a pre-
gram for keeping the legislative mi
running full time.