The Idaho recorder. [volume] (Salmon City, Idaho) 1886-1927, 1921-01-07
FUTURE IS BRIGHT, SAYS
SALT LAKE MAN or AFFAIRS
BY .. 3. PALMER.

Experienced cattlemen and sheep
men hays learned TO expect fiat
years and lean" years. There have
been many Fat" years in the past.
The drst break In this long record
has occurred within the past year.
Lessons have been taken and more
may stu be in prospect In cleaning
up the spring wool clip, but range
conditions are good, iced 10 cheap
and another year may show a profit.
based on lower costs.
The foregoing mentions only few
Of the principal products Of the in
termountain section. There are cheer
ful things to be said about most or
the other lines Of industry. Silver
is stabilized at one dollar.
Many problems still conf ont us.
That must always be true. The big
gest problem at present is that of
Cur financiel relations with foreign
countries. These nations wish to buy
CIR grain, -four, metals, sugar and
other products. Ii we cannot sell
for cash. We must give credit to those
whose credit is good. This condition
is receiving intelligent attention and
4, looks as ii a practical s. LUTON
were being reached. The organiza-
ticn of a $100,000.000 corporation un-
der the Edga act, fathered by the
American Bankers association, to
finance exports is only one indication
OF the way in which financial men
are graphing with the situation Peo-
pie of the intermountain region and
of the entire United States must
learn to buy sound foreign securi-
ties, Ii We are to maintain a market
for own products.
/ Must Face Situation.
Josh Billings once remarked tha,
the best place for boil il on the
other feller." Just now many people
would like TO put the burden OF re-
ducing the high cost OF living on THE
other feller'' and are unwilling to
stand their own share. There are
many loud outcries and much rush
ing TO the government for relief
Some of these demands may be per
fectly proper and remedies may be
required, but ii must be remembered
that congresses and legis' s'atures can
not repeal the law OF supply and de
mand. Wailing will not do so much
good as philosophical facing OF the
situation, and hard work.
1t Is up to the producer, the manu-
facturer and the merchant to meei
changed price conditions courageous
ly, to take losses II necessary. but Il
sell present stocks with reasonable
promptness, and go ahead with new
production. The worker must ac
cept his share of the burden in re
duced scales of compensation ant
must give his best and most efficien
service. II is the part OF the bank.
TO givt sound counsel and intelligent
cooperation to business. Ii is the
duty of the individual TO live withir
his means. save money and deposit
his surplus in banks or invest il il
sound. legitimate securities, which
will promote production, commerce
and finance. II is time to build moi
who spreads vicious, false rumors
and who delights in preaching pessi
mism. Ii is time to build, not TO teal
tear down; to cooperate with one an
other, not to injure. With this spirit
prevailing in cur international, ma
tional and Individual relations. with
our course tempered by sanity and
prudence and impelled by optimism
and energy, we are sure TO find this
a pretty good old world and 1921 Z
happy, prosperous year
In short, il is time for people Il
get dow nto earth, realize that condi
tions are fundamentally the soundest
in years. charge off their losses, los,
no energy in moanig, but go to work
and hard work. Those who do thii
may look toward to the future with
cheerful confidence which will b.
thoroughly justified.