davidaulloa/AmericanStories huggingface dataset:
Amerikai Magyar hirlap = American Magyar journal. [volume] (Youngstown, Ohio) 1911-1942, 1922-06-22

sit szolgalatot egyike legjobb
rend6r0knek. Az elbocsatottak
nevsoraban talalju1 azonban Kris
pinszky Janost, aki magyarorsza-
gi tot szarmazasu es egyike az ell
SO Observation-Disclosures akik rend-
ori szolgalatba bejutottak. Kris
pinszky hata megett hosszu sol
galati id6 all. A fiatalabb rend5-
r0k KOHL elbocsatotta Oles Witt
kacs Janos a tot szarmazasu rend-
ort, Berger Gy0rgy es Klasik Je-
No horvatokat es Boudorszki Ka-
roly lengyel rend6rt.
Valoszinu, hogy az elbocsatott
es kenyszer nyugdijba kiildott
rend6rok KOHL tobben torveny-
re fogjak vinni iigyiike
Hetf0n este elmaradt a nagy
hare a tanacsiilesrol. Volt ugyan
t0bb kisebb 0sszekocanas a pol
garmester es Parrock tanacsos
koz0tt Gle a vart Macy hare elma-
radt. A tanacs mem fogadta ell a
polgarmestertol a jovo evi k0lt-
segvetes altala jocskan megnyir-
bait el6iranyzatat, hanem AIT visz-
szaadva ARA utasitotta a polgar-
mestert, hogy AIT tanulmanyozza
egy kisse hoszabb ideig.
Amerikai Magyar hirlap = American Magyar journal. [volume] (Youngstown, Ohio) 1911-1942, 1922-06-22
EGY BANDITA MERENYLETE
Farrellben rea lott a munkabol
haza tero Locsik Janosra.

A minap reggel fel hat ora tai
ban igyekezett a munkab6l haza
fele 302 Wallis aven lak6 Locsik
Janos, mikor utjat alta egy ban
dita, Xxi penzt kovetelt t0le.
Mikor Locsik a zsebebe nyult es
kiforgatta, annak jeleiil, hogy
mines penze, bandita haromszor
rea lott. Az egyik golyo a gyo-
morba fnrodott es vese alatt
mely sebet ejtett. Locsik Janos is
meri a banditat, kir6l tudia,
hogy olasz, de nevet mem akar-
ia megmondani. Allapota eleg su-
lyos.
Amerikai Magyar hirlap = American Magyar journal. [volume] (Youngstown, Ohio) 1911-1942, 1922-06-22
LEVEL Az 0HAZABoL.
A telkibanyai reformatusok ha-
frangra gyijtenek. K0sz0nG level
Mecsey Andrashoz.

Az abaui megyei Telkibanya
k0zseg erdemes es derek kalomis-
TIA magyarsaga harangot 6hajt
beszerezni a temploma reszere. A
sziikseges penzt legf6kepen az A.
merikaban lak0 f0ldiektol. es j6-
sziyii magyaroktol 6haj jtiak besze-
rezni. Az els6 adakoz0 Struthers,
O.-ban lak6 altalanosan k0zismert
Mecsey Andras volt, a Xxi 5000 ko-
ronat kiild0tt erre a celra. A
penzt meg is kaptak es Kiss Gyu-
la tovabba Pasztor Geza presbiteri
jegyzo alairasaval jegyz6konyvi
kivonat alakjaban halasan meg is
k6szontek.
A sz6banforg6 egyhaz presbite-
riuma ARA keri a magyarsagot,
hogy adakozzon erre a nemes eel
ra es hogy kiildjek az adomanyo-
kat erre a cimre:
Kvancz J6zsef,
ref. egyhazi gondnok
Telkibanya.
Hungary. Abauj megye.
Minden egyes adomanyt hirla-
pilag fog nyugtazni az el6ljar5-
sag, a mely szives szeretettel keri
a joszivii magyarsagot, hogy adj
jon a nemes celra. Hadd hirdes-
SEX telkibanyai harangok, hogy
Amerikaban nemesen erz6 magyar
testverek laknak.
Amerikai Magyar hirlap = American Magyar journal. [volume] (Youngstown, Ohio) 1911-1942, 1922-06-22
Hirek a varoshazarol
oes elcsapott rs rendoAz ecsapotak kozo tobb
dorOlt

Oles polgarmester szerdan este
k0zze tette annak a 25 rend6rnek
nevet, akiket kivalasztott, hogy
elbocsassa 6ket. Ha csiit0rtokon
ejfelig mem adnak be megfelel6en
felszerelt referendum kervsnyt a.
zon szabalyrendelet ellen, amely
leszallitotta a rend6rseg letszamat
ugy penteken reggel a 25 rendor
mem lesz tobbe biztos.
A polgarmester kijelentette,
hogy abban az esetben ha refe-
rendnm kervenyt szabalyszeriien
beadjak, amit ketsegbe Won, -
a 25 rend6rt bizonytalan id6re fel-
fiiggeszti, inert varosnak mines
penze fizetesiikre.
A 25 rend6r0n kiviil a polgar-
mester a multi het vegen rendor-
seq allomanyanak azon tagjait, a
Xix 20 evnel tovabb allanak szol-
callahan, feliilvizsgaltatta es k0-
ziiliik otnek kijelentette, hogy alb
ban az esetben ha mem mennek on
kent nyugdijba ugy elbocsatja 6,
ket mint szolgalatra alkalmatla-
nokat.
A varos egyetlen magyar rend-
6ret Viragot mem bantotta Oles.
Virag aki az auto patrolon telje-
Amerikai Magyar hirlap = American Magyar journal. [volume] (Youngstown, Ohio) 1911-1942, 1922-06-22
A SCENT IMRE EGYLET
TAGJAIHOZ.


Tudatjuk Scent Imre BIS. egy-
let youngstown fiokjanak 0sszes
tagjait, hogy ezntan a gyiileseket
a Magyar Athleta Cluk helyisega-
ben a 1882 West Federal stree
ten az emeleten. Tehat t0bb gyii-
lesiink mar nem lesz a Schubert
fele iizletbn. Kerjiik az osszes ta-
gokat, hogy legk0zelebbi gyiile-
siinkre, mely julins 2-an, azaz
most vasarnaphoz egy. hetre lesz,
okvetlenul jojjenek Ell, inert igen
sok fontos iigyben kell hataroz-
nunk.
Tagsagi iidv0zlettel:
So6s H. Janos, eln0k.
sxilagyi Ferencz, jegyzS,
Amerikai Magyar hirlap = American Magyar journal. [volume] (Youngstown, Ohio) 1911-1942, 1922-06-22
A REFORMATUS EGYLET
GYttLESE.
E no 25-en, most vasarnap lesz a
ref. templom alatti iskolaban.

Tudatjuk reformatus ferfi Is
moi betegsegelyz6 egylet osszes
tagjait, hogy legk0zelebbi gyiile-
sink e no 25-en, azaz most vasar-
nap delutan lesz .reformatus
templom alatti helysiegben. Ker-
jiik az 0ssztagsagot, hogy okvet-
len jojjon el ere gyiilesre, hol
igen sok fontos dolgot kell meg
targyalnunk es a hol NJ tagokat
is szivesen felvesziink.
Szives koszontessel:
Sebok Gabor, elnok.
Szab6 P. Istvan, jegyz6.
Amerikai Magyar hirlap = American Magyar journal. [volume] (Youngstown, Ohio) 1911-1942, 1922-06-22
Munkaviszonyok
A kozel jov6hen megindul Re-
public Bessemer lemez mil
lex csaknem teljes er6vel dol
goznak.-Megindul a lowell
villei kOho.

Oromiinkre szolgal, hogy csak-
mem minden heten a munkaviszo-
nyok javulasar6l szamolhatunk be
olvas6inknak. Icy heten jelent-
hetjiik, hogy a szensztrajk dacara
elhatarozts Sharon Steel Hoop
Co. vezet6sege, hogy meginditja a
lowellvillei "Mary" koh6t vaI6-
sziniileg mar jov6 heten. A kok-
szot koh6 reszere Indianapolis
Dol fogjak hozni. A koh6 indulasa
k0zel 200 embernek jelent mum
kat.
A Republic Iron 4 Steel Co. is
komolyan foglalkozik avval terv
vel, hogy meginditsa a Bessemer
telepet, amelynek szaz es szaz ma
gyar munkasa mar t0bb mint egy
eve nem dolgozik, vagy mashol
volt kenytelen roszabb munkat
vallalni. A Republic egyik kisebb
banyaja mar vagy tiz napja dol
gozik es banyavidekr6l erkezett
hirek szerint banya termelese
fokozodik. Ha ez vallalat tud
elegend6 szenet szerezni ugy A
sztrajk dacara megindit meg egy
koh6t a haseltom telepen es iizem-
be veszi a Bessemert is. A vallalat
vezet0sege szerint ere ugyan a
j0v6 heten meg mines kilatas, de
val6szinii, hogy julius AXE utan
megindiAiak a gyarat, amely mint
egy 800 embernek adna munkat.
A heten csaknem teljes er6vel
dolgoznak a Youngstown keriilet
lemez milljei. A keriilet 119 millje
KOHL hivatalosan III iizemben
van. De tenyleg ez a szam valami-
vel alacsonyabb ugyanis lemez
gyari munkasokban hatarozott hi
any mutatkozik es hetf5n lega-
labb harom millt mem tudtak meg
inditani munkashiany Matt.
Szakavatott lemez munkasok biz
tos munkat kaphatnak most ke-
riilet csaknem minden gyaraban.
A vas es acel arak egyre szilar-
dulnak es biztosra vehet6, hogy a
legk0zelebbi ket honapos perio-
dnsban amely julius 1O-en kezd5-
dix lemez munkasok bere emel-
kedni fog. Ugyancsak varhato,
hogy a puddlerek es finom vas
lhengerel6k is magasabb bereket
lfognak kapni. Ezeknek munka-
ksoknak a fizetese a termek ara u.
ktan igazodik. A szensztrajk es fe-
pyeget6 vasutas bermozgalmak
Amultaval biztosra vehet6, hogy a
vaAgyari munkassag legalabb 81
szaAslek de valosziniileg tiz szaza-
lex bNo,emelesben fog reszesiilni.
y 4 4
Amerikai Magyar hirlap = American Magyar journal. [volume] (Youngstown, Ohio) 1911-1942, 1922-06-22
East 7 Youngstown
A POLGARI KOR GYttLEsE.

Az East Youngstown Magyar
Polgarok K0re ez uton tudatja tag
jaival, hogy no 25-en, azaz most
vasarnap fontos gyiilest tart a
Grow fele helyisegben es pedie
delutan 2 oral kezdettel. Kerjik
az ossztagsag szives megjeleneset,
Igen fontos 'utbaigazitasokat a.
dunk a tagoknak szayazast lille
toleg, tehat kiki tartsa kotelessd-
genek megjelenni.
Polgartarsi iidv0zlettel:
Ak eln0kseg.
Amerikai Magyar hirlap = American Magyar journal. [volume] (Youngstown, Ohio) 1911-1942, 1922-06-22
PET0FI GYttIEs.

Tudatjuk a Pet6fi Sander egy
let osszes tagjaival, hogy no 25,
en-, azaz most vasarnap delutan ?
oral kezdettel fontos gyiilest tar.
tunk a Crow fele hallban. Kerjiik
az ossztagsag szives megjelenesct
annal is inkabb, inert igen fontos
dgyekr6l lesz $40. y
Tagtarsi koszontessel:
ax Eln0lusg
Amerikai Magyar hirlap = American Magyar journal. [volume] (Youngstown, Ohio) 1911-1942, 1922-06-22

vandori6kat VedG lroda es a ha-
jostarsasagok budapest igazgat6-
sagai minden el6kesziiletet meg
tettek, hogy julius elsejevel elet-
belep6 nj kivandorlasi evben le-
hetoleg akadalytalanul lehessen
lebonyolitani az amerikai kivan-
dorlast.
Termeszetesen az egesz evben
csak a megallapitott $685. magyar
kivandorl6 mehet Amerikaba es ez
sem egyszerre, hanem bizonyos
havi reszletekben kelhet Ultra.
A kivandorl6k egy resze mar
junius k0zepen elutazott Magyar
orszagb6l, ugy, hogy julius else
jen vagy a h6nap els6 napjaiban
erkez!k meg Amerikaba.
Az elutazas sorrendjet illet6-
leg ma mar veglegesen eId0nt6tt
kerdes, hogy az az amerikai vizum
sorszama szerint t0rteMk.
Tehat el0sz0r azok a magyar
kivandorl6k indulhatnak, akiket
az elmult kivandorlasi evben a let
szam betelte Matt visszautasitot-
tax Ellis Islandon.
Masodsorban azok k6vetkez-
mex, akik multi evben mar europai
kik0tokben vartak behai6zast IS
oman voltak kenytelenek vissza-
j0nni.
Harmadsorban azok szamithat-
max elutazasra. akiknek tavaly
kiadott es ma is ervenyes amerikai
ylZumuk van.
Az amerikai es magyar hat6sa-
gok azonban gundosan tigyelnek
ARA, hogy csak a szabalyoknak
t0keletesen megfelel6 kivandorl6k
indulhassanak ell. Exert a regi ut
levelek, vizumok es eltartasi nyi-
latkozatok feliilvizsgaltatnak. Az
erdekelteknek ugyanis az a torelz-
vese, hogy magyar kivandorl6k
lehetoleg ne legyenek kiteve a
visszautasitas veszelyenek es az
evvel jaro hiabaval6 nagy k0ltse-
gektol, izgalmaktol mentesiilie-
nek.
A NEUTRALITY-SUSPICIOUS. is elhataroz-
tax, hogy Magyarorszagon is re-
gisztral6 (lajstromoz6) allomast
letesitenek. A regisztralassal Stiff
sohn Emit, Compagnic Generate
Transatlantique francia hajostar-
sasag budapest helyetteset biztak
meg a tarsasagok. Megallapodas
tortent, hogy regisztral6 szam
nelkil senki sem szallhat haj6ra.
Minden engedellyel bir6 haj6s-
tarsasag k0teles utasai reszere a
budapest regisztralo Qajstromo-
zo) tiszttol szamot kerni. A
Briisszelben szekel6 Atlantic Con-
ference hatarozata szerint ma
gyar kv6ta terhere kiilf0ld0n el6
es a mai Magyarorszagon sziile-
tett utast csak a budapest regiszt-
ral6 tiszt engedelye, illetve lajst-
romozasa utan lehet kiszallitani.
Amerika' ugyanis rendszerint a
bevandorl6 sziiletesi helye utan
allapitja meg az allampolgarsagot.
A regisztralas julius h6ra a ma
pokban megkezd6dik. A hajostar-
sasagok mar bekertek regi uta-
saikt6l a sziikseges irasokat.
Juliusban egyel6re csak harom-
szaz magyar kivandorlot regiszt-
ralnak. EFT az intezkedest avval
indokoljak, hogy Amerika eset-
leg az 1922 90. evi kv6taba be-
szamitia azokat, akiket mutt ev
decembereben letszamon kiviil be-
bocsatott Amerikaba.
A juliusra ESQ kvotat vissza-
'ntasitottak Is regi vizumosok tel
jesen kimeritik. Vi kivandorl6
julins honapban meg mem mehet
Xxi.
A budapest amerikai konzula-
tus kul6nben az vi vizumok XII
|adasat csak junius elejen kezdte
Imeg es naponkent koriilbelil har-
New-York tribune., 1922-12-31
The Boil WceyiI

The coming year ought TO leave a
moro exact Impression as 10 how far
The rule OF King Cotton in the United
states D. TO be- imperIlied by the boil
wee'll. This - after an in tho lap Of
the south. " The cotton produc NJ
population act unitcdiy and eficicntly
20 control the pest tic future is least
hopeful. li they do not, an the help.
financial and. Otherwise. that may Be
extended b. the states AID the Federal
government, will 20 for naught. In
that event there viii BE- ultimate de-
throncmcrt OF the monarch.
IN conclusion. 10 if pertinent 10 ask.
now long VIII The cotton farmer wear
me duncccap or American industry -
true. be needs help; has needed h FOR
hat century. Some of his troubles
are so interiaced into tae fabric Of bis
own part OF the cotton comticx that
they can only be unravellcd with the
ald ~ organizations more powerfpl
tLan ne can Immediately mold mt
sncient and all-cmbracinc arlvii,,
me present grave situation 6oce c,ii
Tor national assistance. II is true fb.t
most OF the burdens the producer car
I.es were imposed by indifference per
inltting unscrupulOus oppor.uni.v 20
enslsve him. His customer. thc cotton
spinner cfys aloud for the rernoysi a.
lh' tVcfrcing charges which kecn b,,t
uo"h. As Tie Department Of se.i.,,i
t-Ie mas pcrtinentiy put il: "Cro,.or,
try" s0''o' INDUS
New-York tribune., 1922-12-31

(contlnued from Preceding resel
exports Of cotton goods. Patches Gil
perforee take the place Of new gar
mcnts
WAGE reductions IN the American
mills have been comparatively slight
and there is trend OF opirion IN Ne"
England that demands for advances
will be 20 the fore during the coming
year. There is also talk OF the work
ers i'm the Southern mills organizing
with the avowcd purpose OF forcing
theif wages more nearly 20 the level
Of hose paid in the North.
Min stocks arc selling at high prices,
there being an underlying confidence
that the coming year will be salts
factory one 20 the investor, belcI
that Is generally shared By competent
observers.
American exports Of cotton manu-
factures have continued 20 Increase
but the ominous fact is that II wages
in American mills continue 20 increase,
or even remain stationary, while
those Of competing countries decline
the agreeable returns o. 1922 will not
ecntinu, through 1928. That excellent
barometer. British exports o. piece
goods. indicates Improvement. During
The first ten months Of 1922 they were
q bili on yards greater than during the
Ike period last year. And as the
world is settling down TO work one
may at least hope that they will make
up good part Of the $500. 900
yards they will have 10 80 before
reaching the ten months volume OF
1914
New-York tribune., 1922-12-31
TrCO Great Markets

The character. magnitude and possi-
bilitics OF the two great markets on
both sides OF japan are Of the
utmost Importance TO her financial
future. Without commanding tho natu-
raj resources cf either the United
States or of China. the mission OF
Japau is that Of an international broker,
II is imncssible for her to be a dom-
inant militaristic power. Il Is fortu-
nate that she Is sandw.ched between
these great markets. America and
China. 10 is something more than
mere figure Of speech TO say that the
trade future o. japan rs du.te as
bright rs the economic prospects and
prosperity Of her two great reighbOrs,
for they are the determining factors
In the financial and economic destiny
Of Japan.
The after-war depression Of Japan
is rightirg itself fast Both the gov
ernment end the PEOPLE Of Japan are
united in n crusade against the II. c.
OF l.. And their strenuous efforts are
bringing Forth satisfactory haryests.
High money rates, caused by abnormal
strngency Of funds, are being coz
rectcd now. Frozen credit is being
freed very fast and the deaation of
currency is making marked progress.
Add 70 all these the vital considcra-
tion o. the electrihcation II japanese
Industry, which Is making steady prog
ross there white coal is the cheapest
power over there. Countless mountain
streams and mountain lakes In Japan
are the never ending sources Of this
,hcap power And the ever-.nersasing
employment Of the waterpowcr elec-
tr.rity IN our productive Industries IL,
perhaps. the faircst prophecy Of
coming prosperity. For after an is
said. cheap and abundant power Is the
foundation Of a great industrial state.
have heard many an American
friend OF mine say that n man who is
bear on the L. S. A. Is bound to- 20
broke Tha: precisely il my sentiment
about Japan and her financial futare.
New-York tribune., 1922-12-31
Still Hare Problems

Although employment and better
prices for farm products have in
creased toe buying power OF the gen
eral public, retailers feel that many
rocks still strew the course for 1873.
The chief problem confronting the
merchants, according TO the head OF
leading Fifth Avenue department
store. Is that Of prices.
wholesale prices" he said. have
been steadily Increasing since last fall,
while retail prices have not yet taken
an upward trend. except In few in
stances. But before We arc far into
1923 retail prices will be lifted.
Spring merchandise IL bound 20 show
an increase in price over fall merchan-
disc. How will the consumer view this
increase in price? ! don't know, and /
doubt n any other retailer has firm
convictions on the subject. We hope
that the fairly liberal attitude dis
played By our customers during the
holiday shopping season will continue.
Certainly We feel, from the results In
December, that the public apparently
has plenty Of money 20 spend. On the
other hand. there are evidences that
the consumers are in no mood 10 pay
marked advances for merchandise. AZ
present, with the usual white sales
and clearance sales in progress. we
merchants are educating our custom
ers 70 lower level OF prices for the
time being
Another department store executive
fcresees considerable increase IN
New-York tribune., 1922-12-31

ling about Is cents below is top and in
Inc case " francs and lire was ac-
ecn,uated by speculation. Marks mean
while had reached nominal quotat on
and were not much disturbed. The
break !n lire was checked by the con.
idcncr cngcndered by nc induction OF
ihc Fascis' cabinet M Italy and have
steadily climbed 10 point not far
from the wears best. The recovery in
francs has been slower and not so well
sustained.
During the last quarter of the year
tho performance OF sterling. which has
achieved q quotation % S4,S9h for
cables. compared with S31sis at the
low In February, 1920, has over
shadowed all other happenings. Nari-
Gus explanations Of this movement
have been offered. the most plausible
and most comprehensive being that n
merely represents an inevitable adjust
ment TO a level IN line with the British
position.
Dutch. Swiss and Inc scandinavian
excha iges have developed new strength.
This. IN part. is justified by their sit
uations. but. in part, Is merely a re-
dcctiou Of stcrlinC's recovery.
Citation Of the British payment Of
800. 900. 900 interest 10 the United
States Treasury. of the continued in
1ux of gold. OF the expansion Of Ger
nan note circulation. ~ trade statis-
tics and OF political adjustments as in
l;aly and Englani. is pertinent 20 the
rise and fan OF the various currencics
and 20 the general market trend. Esen
the most expert market observer, how
ever. comedies his inability 10 distin-
guish between legitimate and specu-
latiye buying and selling. 20 separate
the Psychological. speculative and ac-
tual factors determining the markets
course. These circumstances. there
fore. cannot be neglected, but At the
same time assignment of a dchnite
weight 10 them is foolhardy.
New-York tribune., 1922-12-31
for
Japan Shows
Improvement

tCoatinued from Preceding Fug0
holds in the economic and inancIal life
of our couniry. IN tho pre-war year OF
1913 tho total OF our trade with the
United States stood az 306.SSl 600 yen.
The amount was not large from an
American point OF view. Although the
United States stood az tho very top Of
our list Of customers, Japan ranked
rather humble among American Gus
toners. she ranked about eleventh or
twelfth. The World War changed all
that. In 1919 The Japanese trnde with
America totaied about 1894 47S.OO0
ven. the highest in our t-1dc history
Last year it fell TO i,070,693,0OO yen.
At that. Japan RANTS TO-DAY about
the fourth or fifth among the American
customers.
Our Chinese trade is next only 90
our American trade in importance.
China TO-DAY is suffering from chaotic
conditions which prevail there. And
naturally our Chinese trade IL not IN
tho healthiest or most prosperous state
But the anomalous condition OF China IL
not going 10 last forever. And as a
race the Chinese are quite as peace
loving and industrious a nation as the
limited States
New-York tribune., 1922-12-31
The "SaIieni Features"

The task o. writing a forecast Of
what will happen in the foreign ex-
change market Is manifestlv impos-
sible. a review is feasible. but Is Of
value only insofar as the principle Of
rejection Is applied. salient features
is an absurd term, especially useful in
writings Of this sort. Here are some
OF them.
Quotations OF sterling and the p-in-
eirnl Confidential exchanges advanced
strongly during the carly months Of
the year under the influence OF a
major speculation. Expectations OF
Genoa and Of subsequent deliberations
ran high. lt was during tbs period
that francs and lire attained their
highest levels Of the year az e37h and
$50 cents, respectively. Marks failed
20 share IN this general upswing. grad.
ually fading from their peak OF .60is
cent recorded in January.
Following the collapse OF tie spring
parleys. a decline, termed by deale-s
as the result Of liquidation Of a world
wide. top-hcavy long interest, set I'M.
this IN turn being succeeded By condi-
lions Of irreguiarity. The usual sea-
sonal setback in the fan brought sier-
New-York tribune., 1922-12-31
Improvement
Will Be Less
Rapid in '23

CONTINUED from Pare Your
improvement will take place as we
gradually end their solution
One Of these problems is the farmers
present position. While the cotton
farmers product is selling somewhere
near parity with present price levels,
the grain growing and other farmers
find their purchasing power greatly
ourtailed by the disparity between the
prices which their product brings and
the prices they are obliged 90 pay for
their purchases. They find themselves
IN the uncomfortable situation result
ing from the fact that the prices Of
their products are Fixed By interna-
tional conditions, while the prices OF
the things they buy are hxed largely
BY the high wage levels established
b. highly organized but unintelligont-
~ led labor.
The solution here Is difficult II
seems 90 be the opinion Of the best
authorities that the general wage level
cannot be brought lever al present.
and consequently there appears 10 be
little relief in prospect for the farmer
from the present high prices OF the
things he buys. on the other hand. in.
ternational conditions are but slowly
adjusting themselves. and the course
Of pfice levels Of comm ODDITIES depend.
Cnt upon international markets is high
ly problematie. They are affected not
only by the normal factors Of crops. etc,
but also by the adjustments Of price and
wage levels withia the several coun-
tries 20 tho rapid changes in the value
OF their respective currencies. The
farmer IS our largest individual con.
Euming class. and 70 is difiieult 70 mag
inc prosperous times for the country as
whole while the farmer Is in his
present state.
Another problem Is the present low
state Of our foreign trade While il Is
true that our foreign trade is even IN
prosperous times small compared with
our domestic trade, It's Importance is
far greater than It's comparative vol
ume would indicate. A business may
operate az 70 per cent OF capacity
merely 20 earn overhead; so per cent
means moderate profit. but every de-
gree beyond that means earnings far
greater than the increased percentage
IN total business. The solution Of this
problem also depends upon the slow
process Of adjustment taking I lace In
international markets, and is being re-
tarded by the high price levels which
we have established in our domestic
markets.
The United States cones nearer 70
being a self-suficient economic unit
than any other advanced community,
and consequently q moderate state OF
wsll.being could be sustained here on
the basis Of our domestic trade. But
progress toward what il generally
understood by the term property
will depend 20 q large extent upon the
solution Of the farmers and foreign
trade problems. which in tarn depend
largely upon the progress the world
makes toward reaching 3 normal con-
dition. On the whole. the FIRST half Of
1923 seems 20 promise a continuation
of present conditions, with progress
lpWard betterment at q rate less rapid
han that Of 1922.