The Dawson news. (Dawson, Ga.) 1889-current, 1921-08-23
Ministry ON UPGRADE;
GAINS SLOW BUT SURE
ouFsr LEVEL REACHED
Io~ ,,o MONTHS AGO. coNDI-
IONS ARE IMPROVING.
renFSS IS GETTING BETTER

pat,rn to Normally Predict
laaus' Result of Lessened Unemploy-
60 Increased Savings, Greater
n'adnction and Paying Crops,
,,r.u are business conditions going
,orove? When are we going to
' hatter times? Is there any real
.5ot;on for this loose talk about
!. ,I hardest winter we ever had" being
4 ahead OF us? Are the approaching
,.tbs going to bring us soup houses
4 w. ~.sdral resumption of industrial
Drhsse are the questions on the lips
,rev American today.
IT, business and industrial decline
the United States, which began just
,,re the close OF 1919, reached its
rs,t level early in the summer. The
h.,t hack toward normally" be-
. OCr after the first of June. Only
. sOS observer could detect it at
u bnt since the middle of July the
s,o Us has been patent to all
q ~ will take the trouble to read the
BspaperS
On the Upgrade.
A., corcancuS of government
Nbodies and economic and industrial
psrts in Washington, men who keep
|, fingers on the business pulse OF
nation year in and year out. They
r. the first to predict the slump,
rlr two years ago, and now they
tbe first to forecast the return to
dtions closelya approaching pre-
nornalitv. These men are almost
rrf in declaring that the worst OF
Il hard times" have passed and that
nation is now headed toward mod
E prosperity. They say the i'm
mment will be steady, rather than
I'M with perhaps a "hareback" or
during the hardest of the winter
MIS- But the worst has passed. Th"
autumn and winter will see a grad
assumption of industrial life. 1t
8 Be slow. it is true, but the trend
inward. There may be setbacks,
8 thew will be only temporary.
gns that we have again resumed
& lei On the road to prosperity may
Tv be read by those interested. OF
lis at the capital sum them up as
sOws:
Signs of the Times.
Unemployment is slowly lessening.
n peak was passed prior to the har-
81 days, and in many OF the basic
of industry there is steady DRIFT
nen toward the shops.
abor efficiency is increasing. The
age working man is now doing
e for DAVIS work. Production sta
les from all over the country show
reciabe gains in this respect.
he sepnding spree has ended. De
L lack of employment for millions
part time, at reduced wages for
srs, savings bank deposits show
greatest gain in the history of the
IS try. Luxuries are becoming a drug
be market. but there is a constant
and for substantial things and the
saries of life.
ower money rates are appearing.
yer money rates mean a loosen1ng
credits. More credits mean more
ness. The financial structure OF the
pn is in good shape, having wealth
the storm of the last year and a
without impairment. .
arge crops promise year that Will
the farmer out of his difficulty.
Se crops will not bring top prices,
2 true, but neither do they repre-
top investment.
More Going Back to Work.
Foduction figures in the hands of
gEernment show that labor is now
llclng perhaps 20 per cent more
t had been doing during the war
IBIS and the period of the business
pc. This is held to be one of the
important developments of the
tnt situation, the one, in fact, more
any other which has permitted
Sed prices on commodities.
E England perhaps was hardest
all when the war bubble bursted.
textile mills shut down with a
But unlike agriculture, which
long, arduous pull, the mills re-
when buying resumed. Many
sln are going full tilt now, evil
enough of returning buying
III the country. There are spe-
Instances reported. to government
Us IN Washington of large textile
with 70 per cent of the number
uployes during the war boom,
Y out the same volume of pro-
VII In other words labor has
70 work, like it did before the
Increasing Efficiency.
story and figures of increased
Ivy IN the motor car world are
u i striking. The period of shut
I'd last winter and spring was used
~ ~ ol' the 1nCompetents and the
me increased efficiency OF la
.bo meant a greater reduction in
t ~ costs of the finished articles
''S actual wage cuts. The indus
oack on its feet again for the
ltaSon that the average and
priced cars are feeling the gen
W II! s Tor saving and retrench-
pI ",,'ch gives the low cost car
~, ,ae big railways report an ex-
oa' OF more than 20 pre- cent
~. year Tor the mouth of June,
MI 'aTning deficit of last wear
\ liSosIaatlal profit in face of de-