Evening star., 1924-06-23

BUSINESS AWAITING
DEMOCRATIC PLANKS
Campeign Years Called Excuse
Rather Than Real Cause for
Industrial Lull.
CHANGES MUST BE SLOW
Retail Trade Boom Starts in New
York Stores.
CHANGES MUST BE SLOW
BY J. {. ROYLE.

Special Dispatch TO The star.
NEW YORK, June 23.-Unquestion-
ably the Democratic national conven-
ton will have an effect on business, as
did the Republican convention earlier
in the month. However, many well
Informed business men declare that ma
tional conventions are an excuse rather
than a necessity for a check or delay
in industry. commerce and trade. Ehe
tendency toward delay in buying al
ready is in evidence, and probably Will
be holstered up by the additional eX-
CuSe.
This is the view at least of one
prominent business expert here for the
convention. who declared today that so
long as it was uncertain what the poll
ticans were going to do business
would not move freely.
Keen Interest in PIanks.
.Arother expert. on the other hand.
asserted that the idea that presi-
Dental years are unproSperouS is Il
mistaken one: that no matter what is
decided on by the parties, not every
body can or will be pleased: that
some will view with alarm, some will
will have the business viewpoint.
Nevertheless there is keen in
terest being manifested in business
and other circles over the planks that
are being turned out today by the
platform makers with the speed of
a modern Sawmill The majority of
these. it is realized, will be culled
before midweek. and while those re-
tanned may cause lot of talk. they
can produce no definite action for
some time to come
Changes Require Time.
In this respect they resemble the
proposal of five large Chicago grain
firms to sell their country elevators
terminal elevators, equipment and
manage rial machinery to grain grow
ers. This plan is in such tentative
shape that its acceptance seems GER
tain to be subject to prolonged delay
even if it receives the unqualified
Endorsement of farm organizations.
THE latter. including the American
Farm Bureau Federation, are consider
Ing the situation which led the Ar
rour Grain Company, the RoSenbaum
Grain Corporation. RoSenhaum Bros,
Bartlett. Frazier & co. and j. c. Shaf-
fer & Co. to make this offer to let the
farmers step into cooperative mar
keting on a big scale. They are also
considering how and where funds can
be provided to finance such proposal
and the difficulty of getting hundreds
of thousands Of farmers TO agree on
details when the time comes.
Heavy Retail Trade Expected.
Projects just as far in the future
are being advanced in the political
headquarters here by manufacturers.
labor leaders, farmers and others. The
New York retail merchants. however,
woke early today. prepared to listen
to a whole profit symphony played on
cash registers by the convention dele
gates and visitors. They have pro-
vftled for this by increases Of working
forces, attractive window displays
and increased advertising.
Newspapers Sunday and today were
of larger size than usual to carry this
volume of attractive display. 1t was
noticeable that stress was placed by
many stores on fall garments and
sales of furs. This, it was indicated.
was due to belief that while many of
the delegates had made their major
summer purchases before they left
home they would be wide open to
Suggestions for purchasing fall attire
in New York.
Soda Fountain Boom.
Warmer weather has served to in
crease the jobbing and wholesale
trade throughout the country during
the last week, and the purveyorS of
fee cream and soft drinks have done
a tremendous business in the last few
days Indications are that about half
the accommo modations which have been
arranged for possible visitors in ho-
tells and apartments here will not be
utilized, although the hotels are full.