The evening herald. [volume] (Albuquerque, New Mexico) 1914-1922, 1922-03-11

bonds WAS considerably contracted
by the rise In the latter.
Iabur Troubles.
Fear OF labor trouble has for n
week or ao been overshndowing a
roctlon Of the market. The con-
tract with the United Mines Work.
ers Of America expires on April
first. and already the miners aud
the operators have been lining up
with their demands on each other
IL is hoped that serious trouble will
be uVertrd, though the representa-
lives OF the miners aay that thurt
VIII be "a strike II demands are not
fully compiled with. a recent SUR
vcy shows a 4o-dny supply OF rual
on hand beyond which time a tie-
up should not continue. Many
niutrs are not in sympathy with
the strike sentiment and might re-
fuss to obey "a summons to quit.
AZ Washington.
Friends ana foes 81 tho Harding
administration have been counting
mp the failures and accomplish
monts uf the president and mia
party during the first year and
needless 20 say. conclusions are
largely biased In accordance with
the viewpoint of the commentator.
The president has had some con
/ spicuous successes, and has mnrited
some sharp criticism. but he has
elected the admiration Of all par
ties In his tirm stand against tho
rc%nrtionnri"s within his own ranka.
u is n OF the h%andicnpa Of a
democracy that % seat o. won In
the national legislative bodies by
mon who have absolutely no rc-
gard FOR the welfare 81 the coun-
try an a whole. and are therefore
unable To soc beyond the nest
hallot box. The handicap OF i
congress and congrcrsmcn. o. one
% the greatest burdens OF Amer
lean business and the remedy viii
never he forthcoming until bust
moss men take a more active inter
ost In politics.
II be- idle Ia attempt TO discuss
the latest phase OF the soldier
boHus fiasco. Tor q whole new
scheme may tomorrow replace the
plan which is grnsped today By
congressman who are making %
lart desperate grab to hold their
seats. Perhaps never In the history
of the country has q mgr dem-
onstrated It's absolute importance
~ during the course OF ieia III
conceived l%egiHlation through the
over house.
The fact that the senate has At
Lsst confirmed the appointment Of
the memhera of the debt funding
commission has unquestionnbis
tended 10 help tho general tone 81,
prevailing sentiment as regards for
cign trade ana exchange both M
this country ana abroad In aomr
quarters the opinion prevails that
u might be very well to have The
debt commission abroad at the
same time the new economic con
ference ~ held. either at Cenoa ur
elsewhere. the result being "a
bring ebout "A general Interchange
Of Ideas on public debts and the
best way uf paying them. us we'll
as % exchange s~tabil.zation aud ud-
lustmcni Such an idea unduubt.
,dly finds favor with many uank
crs. although they are disinciinel
TO count upon Il because OF tho
apparent desire Of the ndmlnistra
top 70 have everything done In
Washington as FAR ~ practicable
Retail business at Homo.
There IL "A general belief tnai
The month will see a renewal of
activity Ia buying. especially ON The
part OF those representing the re.
tail trade OF the country. iluyers
are flocking to this city and 10,
outlooK Tor general trade ls bright
Price concessions have hclpu.l
grcntly To stimulate this trade.
NENHHHV THAN -. .a.aN 49,. IL.