The Cordova daily times., 1923-03-15
THURSDAY, MARCH 15, 1923
THE EVE OF GREAT TIMES

The United States is in the eve of great prosperity. From every corner of the country, and from every product, comes the same story of increasing demand. The Nation has been strait -iacEeted for more than ten years, partly on account of the European war and partly because of bad legislation affecting the rail roads and industrial corporations. The people have suffered severely from absurdly high prices, stoppage of building growth, profiteer- ing in public expenditures, strikes, and other evils. Private enterprise has been checked in many directions, and public enterprises in many cases have been msdirected The times seemed out of joint The period from 1914 to 1923 has been a nightmare to millions ot Americans who had right to enjoy prosper ity as @ result of their industry in building up solvent businesses. It is high time that the tide of prosperity should begin to flow.
 Millions of citizens are in need of homes and have the money to pay for them. The shorotage of buildings in the United States is double evil which should be remedied forthwith It is evil because of the incon- venience and hardship it imposes through in creased rents for poor accommodations, and it is evil indirectly because 1t prevents factory and office expansion which would increase , employment and production. The country should have building construction on scale far beyond anything ever seen, if it is to keep pace with the growth of population and the pressing needs of the people. The increase in building operations during the last few months is evidence of the greater activity that is at hand.
 The basic industries, such as the production of coal, steel copper, petroleum, timber and foodstuffs, are thriving at a remarkable rate, and yet they have not reached the stage where they meet the Nations necessities There is need of more than the farms and factories are producing This need arises from the pre- vious shortage of the war period, and from the demands of the increased populations. It sEould be remembered that the United States turns out 100000 able bodied men every year, along with other valuable products. There are about 5000,000 young Americans of draft age who have never been in uniform This fact illustrates the tremendous rate of America $ growth, and incidentally it throws light upon the reason why industries of all kinds are becoming prosperous
 The growth of the United States and the prosperity of its people constitute a market here which far excels the entire remainder of the world so far as American producers are concerned. If they can fill the needs of the United States they need not worry over Europe's demands, although Europe in normal times absorbs certain surplus products and thus serves as balance wheel. The new tar if law, by stimulating production, has cut down unemployment and increased the de- mand for all kinds of goods. An era of good times is consequently beginning, comparable with the good times that followed the enact ment> of the Mckinley tariff.
 Another factor of great importance in en- couraging American industry is the improve ment in the world situation. Gloomy reports