Evening star. [volume] (Washington, D.C.) 1854-1972, 1925-12-20


is additional proof OF the unprece-
denied prosperity Of the year that Is
now coming to a close. During the
postal fiscal year ] % ,017.943 domestic
parcels were insured through the par
eel post system. an increase of 2.5S
per cent over the previous year. The
department. collect on delivery bust
ness increased 11.65 per cent. and Off
Gals declare this service is a more
dependable gauge OF all postal bust
ness than any other branch OF the
service.
All OF these factors. ii Is held, have
added their contribution to the coun-
try's confidence in the Soundness OF
the present era of prosperity. The
only thing, business men say, that can
stem this welcome tide Of plenty
would be some rash act ON Congress
or new attempts by the National legis-
lators to inject more Government
control into business. Let alone, IL
Is asserted with confidence, American
business is in "a position TO carry
America to heights of prosperity
never before known.
Look Forward Confidently.
American business looks into the
new year with confidence. declared
Mr.. O'Leary, president of the United
States Chamber of Commerce We
apparently are entering a period Of
peace-time stability. This is seen in
many directions, in nearer approach
to normal taxation system; in con-
certed efforts to eliminate waste in
generally improved condition abroad
The year just ending has been one
Of the most prosperous in our his
tory. a year of record business in
production and distribution: in a
many lines, a year that has furnished
generously both the necessities and
the comforts of life to a large and
increasing proportion of our popu-
lation. The remarkabl BILE business &C
tivity of the year is disclosed in the
record of building, which in 10
months added nearly $4,000. 900, 900 to
our national wealth. a figure exceed
ing any previous full year; in carload.
ings, recognized as a business baron
eter. which. week succeeding week
exceeded the million-car mark; IN
steel mill production, which APP
preached capacity; in an increa sed
foreign trade: in a building up OF
savings and investments to be added
| to our capital reserves: in the
availability of credit for legitimate
enterprise.
Farming Improved.
THE farm situation offers a hope
full sign. The farmer is a heav,
| buyer of all classes of merchandise
and business everywhere recognizes
| is dependence on favorable farm con
| ditions. Happily the lot of the farmer
has improved. Production has be-
| come better balanced and the none,
yield to the farmer Is higher. There
| always Of sourse, Is the danger OF
Jverplanting and this is to be watched
| as having a marked influence on con.
J ditions later on.
| The international situation gener
ally looks better. There are new evi.
dences. of stability. Most Of our for.
eign doctors have arranged for fund.
| ing operations, and a reopening of
| negotiations with France appears
probable. Stability abroad makes for
stability here. And what the business
man most desires is a stable condition
which permits of intelligent planning
for the future.
! "a most encouraging omen is to
be found in the awakening of the pub
| lie to the needs and the requirements
! of business. There has come about a
new public understanding of business
a new public confidence in business
This is clearly reflected today in the
administrative and the legislative
policies of the Government The al.
titude as we begin the New Year ap
parently is the same as in the pre-.
ceding Congress, when no ma jor legis
| latiOn was passed directed toward
regulation or restriction Of legitimate
business enterprise. Public sentiment
supports this constructive attitude
and thus we have today a situation
promising both political and economic
stability. Business has confidence to
go ahead"