Perth Amboy evening news., 1923-05-09
THE REFEREE
(By Albert Applet

The housing shortage has been re
duced a fourth in the last IS months.
So estimates the business expert of
New York Federal Reserve Bank
Gradually the shortage will be
wiped out. Then rents will smash.
| It's the law of supply and demand
the average landlord demanding all
| he can get. That's human nature.
Mos of us would charge $1,000 n
day for our work--if we could get
| IL.
New residences contracted for IN
March in the United States involv-
ed 164 million dollars. A big sum.
but only about $1.50 for each wo-
mar and child. People seem to
! prefer to put their money into autos
rather than homes. High rem Is the
natural penalty.
BooticSGcrs
they have prohibition. Also boo:-
leggers. chiefly from we British
| Columbia. The police have been un
able to check rum runners at the
border. Do they sit back and say
prohibition is a failure? Not much!
| They equip themselves with motor
cycles carrying machine guns and
tear bombs. One gunner is a test
makes 81 hits out of a possible 20
while going so miles an hour. He
will not have to do much shooting
on his beat.
The cream of the criminal world
is in the Bookkeeping game, sur
rounded by murderers, counterfeit
ers. forgers and burglars. There IS
only one language they understand
and obey. Alberta has found it.
Birdmen
In Hawaii Uncle Sans airplanes
fly over the mountains, scattering
tree seed. Forests are springing
up. Experimental. but so success
full that this new method of refor-
estration nay become worldwide.
Birds have been doing the same
thing since the first fish that grew
fms into wings and took to the air
The solution of every human prob
lem is In nature. waiting for us 20
copy it. Our economic and socio-
logical troubles are due to violating
natural laws.
"NormaIcy"
The worlds international trade
Combined exports and imports of
all countries) totaled 45 billion dol
lars last year says the statisticia1,
o. P. Austin. This compares with
only 40 billion dollars in 1918. the
prc-war boom year, and rs billions
in 1920, the record year.
While the worlds countries are
buying and selling each other more
than before the war;. in dollars. the
actual amount OF business (tons,
bushels, etc. is far below normal.
because the dollar buys a lot loss
then in 1918. The price hoax rises
to fool us, at every side.
Prices
The price of incandescent electric
light bulbs is reduced a tenth by
General Electric Co.. The makers
say that these prices are lower than
what was charged before the war.
Announcing the cut, the COMPANY
says It believes the public should
have the benefit of economics effect
ed il manufacturing. That's sound
policy, the right kind.
Real cheapness, of course depends
not =, much on the price but on how
many hours a bulb Is manufactured
to give light before burning out.
Original cost and service are sepa-
rate things.
The greatest stamp collection
aver sold at auction goes under the
hammer in Paris. 1t belonged TO
the late Count Won Ferrary. The
value exceeds a million dollars. The
counts spirit must be rejecting as it
watches the sale how quickly u
work on earth is undone and disin-
tegrated after we depart into the
hereafter.
Arthur Hind of Utica n. Y. paid
$32500 for one very rare stamp in
the Farrery collection. The value,
of course. is largely imaginary. For
that matter, SO are most of the
pleasures and pains of life.