The evening herald. [volume] (Albuquerque, New Mexico) 1914-1922, 1922-04-01

HHAHN INN NNAA WV Va
tbe unfortunate haudiCaps ia husi-
ness progress lon the United States
BE- the %rccurreuf struggle or series
OF struggled between the repre-
sontativVs Of capital and iubur. re-
sulting all too frequently In periodic
strikes and cessation OF production.
90 is nf purse u difficult matter to-
udv. between the -contondInE pat
ties, each Of which. through the aid
60 sstliful uai,nt engaged for the
purpose. d. able To- present the most
wcigaty arguments in favor of his
own contention.
capital and luber Ia the coal
trade. as represented hy the mine
operators and the union miners.
haVo $40 thoroughly considered the
disputed points from their own
angles. only. that they are OF
course quite unable to discover any
merit whatever IN the arguments
advanced hy the opposite sides
This leads to the open breach aud
the strike is the only logical is-uo.
Eut both sides entirely overlook
the fact thai the greatest sufferer
Ia the big class generally referred
60 us ia" outside public With thc
turn Of ,hc scufons now ringing uH
To- the balmy days uf spring aud
summer it b. not quite so cusy TO
appreciate tho cyll effects OF "a
sudden -topungc in the supply OF
coal Eut Tor the railroads. the
nls industrial plants the mills and
factories which transport ard pro-
durt the commodities necessary Cor
Tho comfort and convenience OF the
people of this great country. there
lH no. summer time IN cuul CON
Uumption. They are 1g-monthH'
usors of the great source Of power.
md must Dee constantly fod To- be
Elective
VIII strcct has never taken the
roai strike seriously. ut least. the
movement OF stock prices would 30
indicate. The coal industry b. not
SO closely organized That the with
drawal Of union miners only can
puraiyXg industry IN "a day or "a
month. Extensive quantities uf
coal have been uccumulatinv aboy.
ground fog three months ur more.
90 W-rut many OF the blg Industrial
c%unru'na, including the railroads.
have been laying In their own sup
ply ut iuoi and tue increased pro-
drctien 90 the non-uuiou Miners
VIII make up part az least OF tho
o. N|NN' rae ANA'AN nus AANn nfNn A
lInlrrlng hope ana bvh-f that tho
authorities at Washington viii Doe
die tp effect 20 reconciliation be.
fore affairs reach q calumltous
4tur,,
There can Dol mo- doubt eff the con
finuutl" iuprosluE economic and
Hu. IursS situation Under the i,nd-
orship nt the steel industry the
who D. ul progress huN, taken on
. IfH squirt and There are inrlpa .
inE evidences that tho much nor
IluHi business boom Oh 40 last Ca
maED Ii- appearance The 1.rnpt-
invent OF commerce says that HIltsi-
noes gradually approaching if-
normal state, tho Improvement in
thuHc industries which constitute
tho backbone of American busi.
n'H us compared with r. few
months ugn being very marked"
! n"uuploNm out hus been steadily
nn Che wanc railway traffic ia
nuilrc1hly Increasing. building ac-
uVily exceeds thar for auy similar
period since the ar,ul.tlcc. tho
'fodit reHnurccs NJ the banking In
siltuluns have shown almost week
n Improvements. while rates FOR
short ami long term loans hnv,
rtrduully declined to "a. lowest
level since 1917. sterling exchange
ll" Iunt pace with the grncrl
economic Improvement In Great
briiain TIL" payment Of gold ard
gold certificates az the banking in
stitulluns has resulted 10 n neg.
llEihl' dccreRFe In their gold ru-
serves As q matter Of fact, tho
pruul, ~ this country are not de-
yirous nf having gold coin 10 jingl,
ln their pockets and aro much
b,iirr -ltisncd when fully utllizinE
mo splendid facilities offered by
The banking Institutions.