The Dawson news. (Dawson, Ga.) 1889-current, 1923-04-10
G0OD TIMES ARE HERE
PROSPERITY RETURNS
v COLLECTIONS SHOW IN
COMES IN 1922 MILLIONS
WORE THAN EXPECTED.
SAVINGS DEPOSITS GROWING

That There Is No Unemploy-
nv ment in Country Is Declared by
secretary Hoover to Be Evidence OF
Improved Conditions.
Prosperity is visiting America
.;o according to all visible signs.
q And government authorities say it
m remain for long time unless a
,,.b Of prohteering in factory products
~ in wages breaks out.
The business of the nation has grad
,,uc moved away from the dehation
nan;c OF 1921. The revival has been
roo;d Recent income tax collections
how that the upward trend started
early last year.
porks manufacturing concerns, Ia
L. farmers and stockmen are getting
tLo benefits of better times, accord
inv; IN, 70 reports in the treasury, COM
me- ,nsrce. labor and agricultural depart
n r,s Saving deposits are increasing,
,,nomolovment is diminishing.
Government prospecting.
.Tbc fact that there is no unem-
olovment in the country today, but
[rstier a shortage of workers, is the
most most profoundly eloquent evidence OF
;moroyed general prosper
ity-that one could have" declares
Secretary of Commerce Hoover.
Every government department that
acts as a barometer to business con-
dfons is confident of the situation.
The income tax returns for the first
oeriod of 1922, paid last month, will
nverreach the original estimate from
S25OOOOOO to $50,000,000, making a
total OF from $425,000,000 to $450,OO0,-
600.
Railroads Are Busy.
Railroad traffic is the heaviest ever
known at this season. Orders for new
cars and locomotives may be the larg-
est since 1905. Other industries are
-more active than at any time since
the peak of the wartime imitation
Textiles, steel, automobiles and build
ING are booming. Stocks are going
up Even exports are increasing.
For the first time in more than two
years postal savings deposits showed
an increase over Withdrawals, during
February. From January, 1921, to
January 1923, a decline was reported
i each month. Total deposits on Jan.
81 amounted to $131 ,566,000.'On Feb.
4 2S they were $132,072,000, an increase
of 100000.
Exports on Increase.
In January and February orders
we're placed for 844 locomotives, 2l,29l
freight cars and 68l passenger cars.
At this rate the years total would be
about 5000 locomotives, 100000
freight cars and 1000 passenger cars.
Only once or twice in the history OF
railroading have these figures been ex-
cecded
To make the chorus of optimism
unanimous the department OF COM
merce recently gave out export fig
ures for January, 1923, compared with
January, 1922 They show substan-
tial gain The total for January, 1922,
was $278848,4 400 and for January,
1928 $335,539, 1872.
People Buy Luxuries.
Federal tax collectors are quick to
pick up signs of improved business.
They know that when people begin
freely to buy luxuries or semi-luxu-
RES times are better and prospects
brighter.
The federal tax on automobiles paid
when purchased in January, 1922, to-
tailed $2,567 1000. In January of this
year it amounted to %,732,000, This
increase in automobile sales is consid-
cred the real forerunner of prosperity.
Wires Are Kept Busy.
Another good index to business con-
dltlons according to treasury officials.
Is the use of the wires-telegraph and
telephone. The tax returns for Janu-
airy, 1922, show a sum of $2,500,0OO,
and for January, 1923, $4,000,000.
Jewclry purchases, if large, indicate
good times. In January, 1922, the
federal tax on jewelry ran to $1,000
U0O, and in January, 1923, to $43OO,-
gOO. Taxes on theater admissions rose
nom S6,400,000 in January, 1922, to
100000 in 1928.