The silver state. [volume] (Winnemucca, Nev.) 1909-1925, 1922-06-22
PLUGGING
RIGHT ALONG


in addressing the Pennsylvania state
convention of postmasters, ac-
curately described the psychology Of
present day affairs when he stated
that the Republican administration
is keeping its head and diving
straight forward to its objective
while its critics are losing their
heads and giving utterance to all
sorts of wild charges and direful
prophecies.
All emanations from Democratic
leaders in the Senate, from Chair
man Hull Of the Democratic Ma
tional Committee, and from Demo-
cratic publicity mediums clearly in
dictate the Democrats are pessimistic
over the outlook rather than conf
dent and that they are engaging
wild talk, vain boasts and cheap
abuse purely in a hope that by SO
doing they may prevent the public
from scrutinizing too closely their
lamentable lack of leadership, their
absolute absence of any program,
even though it be a program Of
negation, and the quarrels between
the Wilson and anti-Wilson factions,
which are rendering their party
organization asunder.
The country is not paying much
attention to Democratic vitupera-
ton. Economic conditions are i'm
proving as such a pace that the
business men of the country are
busily engaged in preparing for
the increased trade which Is al
ready being experienced.
Never in the history of the coun-
try has there been such building
boom as is now being experienced.
Money is plentiful at low rate
of interest, and business men are
taking advantage Of it to make inn
provements and expansions which
they have postponed for five or six
years.
Reports from every section Of the
country made to the employment
service of the United States De-
partment of Labor shows there is
no longer such a thing as a "prob-
lem of unemployment" The only
industries where unemployment pre-
walls are those which are affected by
strikes. In a majority of other in
dustries there is an actual scarcity
of labor. Where newspapers FORM
erly carried columns Of advertise
ments under the classification Of
work wanted" they now carry
columns advertising for help Of
various kinds.
Farming interests are in good
shape. No better proof of this is
needed than the records of the War,
Finance Corporation which show
that loans which have been made
during the past 16 months for
agricultural and livestock purposes
are 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 have been in
excess Of the amounts disbursed on
new loans.
Railroads are placing orders for
new equipment. Farmers are ad-
vertising for help to take care Of
the bountiful harvests which have
already started. Harvest hands are
being offered $3.50 and $500 a day
with board and lodging and are
difficult to obtain even at that
figure, which clearly shows labor is
no longer q drug on the market.
The steady pursuit Of sane econ
omy and wise financing upon 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 were originally marketed
every issue of Liberty and Victory
bonds are selling at par or above.
The public interest bearing bonded
debt has been reduced $4,000, 900
within the past year or at an aver
age rate Of 100000 a day. A
very liberal proportion of the out
standing bonded indebtedness has
been refunded at . lower rate of
interest, thus making another tre-
mendous saving in the fixed charges
Of the government.
Thirty days ago it was announced
that the actual expenses Of running
the government this year would be
approximately $1,600,000, 900 less
than it was during the Last year Of
the Democratic administration. Now
comes the announcement that an
other 500. 100000 has been Topped
off the public expense account, and
the fiacaI vear which anda lima an