Milford chronicle., 1922-06-23

| POSTMASTER GENERAL HUBERT WORK. in ad-
dressing the Pennsylvania State Convention of Postmas-
ers accurately described the psychology of present day
affairs when stated that Republican administration
is keeping its head and driving straight forward it's
jecve while its critics losing their heads and giving
uerance to all sorts of wild charges and dreful proph-
ecies.
All emanations from Democratic leaders in the SEN
ate from Chairman Hull of the Democratic National Com
mittee and from Democratic publicity mediums clearly
indicate the Democrats pessmistic over the outlook
rather than confident and that they engaging in wild
talk vain boasts and cheap abuse purely in hope that by
doing they prevent the public from scrutinzng
closely their amenabe leadership their absolute
absence of any program though it be program
negation and the quarres between the Wilson and anti
Wilson factions which rendng their party organiza-
tOn asunder.
The country is not paying much attention to Demo-
cratic vituperaton Economic conditions improving
at such that the business of the country are
busy engaged in preparing the increased trade which
is already being experienced.
Never in the history of the country has there been
such a building boom as is now being experienced.
Money is plentiful at low rate of interest, and bus
ness taking advantage of it to make improvements
and expansions which they have postponed five or
years.
Reports from every section of the country made to
the employment service of the United States Department
of Labor show there is longer such thing prob
lem Of unemployment" The only industries where
strikes
In majority of other industries there is actual
city of labor newspapers formerly carried col
of advertisements under the classification work
wanted" they carry columns advertising for help
various kinds.
Farming interests in good shape. No better proof
of this is needed than the records of the
poration which show that loans which made
during the past 16 months for agricultural and live stock
purposes being repaid before the date of maturity In
fact during the last two months the records of the War
Finance Corporation show that the repayment of loans
been in of the amounts disbursed on new
loans
Railroads placing immense orders for new equip
ment Farmers advertising for help to take of
the bountful harvests which have already started
vest hands being offered $3.50 and $500 day with
board and lodging and difficult to obtain that
figure, which clearly shows labor is longer drug
the market.
The steady pursuit of economy and wise fnanc-
ing the part of the administration has brought the
credit of the country to the highest point it has enjoyed
for years. For the first time since they originally
marketed every issue of Liberty Victory is
selling par above The public interest bearing bond
ed debt has been reduced $7O0OOO within the past year
at an average rate of $2,OOOOOOOOO a day. very
liberal proportion of the outstanding bonded Indebtedness
has been refunded at lower rate of interest thus
ing another tremendous saving in the fixed charges the
government.
Thirty days ago announced that the actual
penses of running the this year would be ap
proxmaey $16OOOOOOO less than it during the last
year of the Democratic administration Now the
that another $OOOOOOOO has been Topped off
the public account and the fiscal which ends
June 80 will show saving in routine expenses the
previous year of not less than $1,7OO,0O0O00
The cumulative effect of all these things cannot but
together for good Business cannot fail ap
precate the improved outlook. Working perfect
that the conditions in the industrial world have
changed all for the better Farming interests know de-
spite all attempts to convince contrary that
the past year has witnessed almost revolution in the
bettement of their outlook All classes of citizens feel
the urge toward better times. All taxpayers fully
cognizant of the program which has been Wig
orousy prosecuted by the present administration with
magnificent a result
Scant wonder then that the Democratic leaders
losing their heads and running about making wild and
grque charges regarding the present administration in
vain, if not indeed ludicrous effort to excite the pub
lie into belief that things they really are