The Wheeling intelligencer. [volume] (Wheeling, W. Va.) 1903-1961, 1922-05-20
ARE TOO TEMPERAMENTAL, STA
rrsrrcIAN DECLARES-BUS1N
PASSING THROUGH NATURAL
ADJUSTMENT.
Permanent Improvement Not Slated to
Start Until Late Summer or Fall
Of This Year.

"Ta,k about musicians and actors
lcjnr ,rrnrcranrntai, They cannot beat
,nc Average business man WI" IS up 70
d,v and down tomorrow. Within a
,,rirJ If AN:y days hc VIII ne It
p",s:uiisr. an optimi"t, and back again
10 = rcsS!ru!st. when ali tn" tim" nature
Is SLOWLY but surely following it,
Natural ,,,urSr." said E"gcr " Eahs"n
I'm his wcckly interview on business
conditions.
~ ,,ar aro husiroee mon wo~n very
p".slui~ii': th"u car" II temporary "P,
turn in ru@iur>, and follow rmE The lead
.c certain fedora! oTIr.I'S and pros
urrit,. boomers. they bcc;,m" optimistic.
since. however. thcS" prosperity fore
,rg.is have not maturcd. the" ~" again
down &, the dumps. How long VII! Il
rakc Us to learn that presidents don
make business, but rather business
makes PRESIDENTS" II IS true ;hht con
Gt!ouS are dull AZ tho present time
Partly on account Of the late W. SlrGE'
partiv duo 10 the foods of tho south.
rarity due to tho strikes In Ncw Eng
land and New York STATE. and partly
due 20 til" upset condition n Europe.
N-Eeu however. business Is looked upon
from Il long range II Will y" seen that
J. j. passing through only natuVa! re-
adjustment which takes always con-
s.l"rahlr time. l stated over two years
uEo that no permanent Improvement
.rruld he expected before August 1922.
and st:ll feel that way. Even after
me corner turn In the summer or fall OF
this year. II VIII he - Slow although
steady climb upward.
At Different Times.
ON the other hand, ns a.! Industries
were not hit at the same time. the!
VIII tend to come back at different
times. The ministry that was first hi;
Will ho the first to come back. This was
the silk industry and change for tho
better Is already IN evidence. Tho In
duStry which was most suppressed dur
ing tho war will show the greatest re-
CoNcrv during the next few years: m
deed. Il is already recovering. have
In mind the building industry. There Is
a marked Increase IN tho demand for
all building materials, notably lumber.
althoU%h iron ANA steel are sharing in
tho building boom. The sales uf hard
ware and paints in,rcascd II labor
does not become toe hungry Tor In
creased wages. this squirt in n"w build
Ing may develop 4 real boom.
"Another Industry which sh " d
quichly show better employment IS the
nlt IN q b lie industry. especially tn"
makers OF the more expensive cars.
These makers were the first |" b" MT
and these should be the first 10 come
back. Following booms In tho stock
market the makers Of expensive cars
pud other scmt-iuNur'cS always c>r"r.-
cncc good business For the FIRST Tim" In
two years and = ha.r. rubber factories
n, Akron are advertising for help. rms
same Improvement in tho employment
situation is noticeable also In certain
sreclS cea'crs ,uCh ~ Youngstown. ONO.
and hardware ccuierS such as AnsUuia.
Conn. where u wage in'rras" OF - pcT
cent go@S into effect May IL.
Commodity Prices.
"Commud!tv prices are Uhcw!sc ad-
justing themselves naturally. Those
rroGucts which were first 10 decline.
such as cotton. sugar and lumber are
shOwiu. Il hardening tendency, whNe
other products. such - tnrS, that were
bought hy the masses during the war IN
great quantities. AZ" showing CONTINUED
,iecl.rr Al the recent fur auctions.
SILVER Fuv Fox was - per cent lower
;han la February. Martcu 4" per cent
lower. and other ru:H ar" falling III pro
ror,ion. BETTER stiil. IL, cost of living
rs a wnu,c Is SIN on me decline. y
man can purCNas" for =" cents today
what cost him 4 dollar n year ago. Re-
tail sale: are holding up very well, tn"
mali order houses are showing IN
yvrascs. western shoe manufacturers
ARE busy. and furniture factories are
working ON liberal schedule. ET"n
coal production Is holding up fairly
well
"AN Of this means that there Is no
reason why tho banker, manufacturer.
or merchant should J." u pcSSimiSt OF
an optim:s, today Neither tho pros
r"rity h"nmrrs nor the calamity howlcrs
should be- followed. business has not
vet turned The corner. hut II IL naturaliy
and steadily approaching III" corner.
No natl"ua could E" through tho great
Industrial development W n { tn +
pu"utrv experienced during IN" war
without natural reaction This re-
notion We are passing through today.
We have already reached tn" end ~ the
Lc,.ino in tho security markets These
markets arc well on their way upward.
Within a few months" concluded Mr..
Rahson. eve should reached The end OF
Tho decline IN general business. Hon
csty. thrit;. industry. ard tho spirit Of
service Will hasten me day.
Tho ,roCd % general conditions rs
reflected IN the index "f the HahS"n-
chart shows an Improvement or per
ro-t during IT," last week. General husi-
moss, stands - ~ Dcr con, below normal