Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-09-15
England Reviving Economically
BY FREDERIC J. HASKIN.

the running as a competitor.
But England appears to have fooled
them all. II is not likely that this new
showing merely represents squirt. q
bit Of temporary good fortune, because
1t liz the result of 10 years building on
strong, although badly battered by the
war. And 1t is not sensational squirt:
It merely is final emergence above the
TIDE. gradual rising out of the very
depths Of economic adversely.
A year ago the number Of workers
actually registered as unemployed and
seeking work was 100000. Today
that number has declined to- 1.162, 900.
In year 10000 workers have found
jobs and are keeping them in this
dullest OF seasons. Most Of those drew
the government dole, merely enough to
keep body and soul together and q
little strength left over to continue
hunting for work.
The lockout in the Lancashire cot
ton mills which has kept many out Of
work has come to an end with a COM
promise settlement reached by arbitra-
ton. The mills are busy and have
plans for thorough reorganization
which will put them on more efficient
basis.
Buying Power Returning.
Railway receipts and shipping freights
are both higher than at this time last
year, indicating that loadings have
been heavier. this indicating a heavier
movement of goods-always q sure in
dex Of better times. Foreign trade, on
which England has so long depended
and which has been much depressed, is
getting back toward its old strong basis.
What Is particularly remarkable Is that
retail trade has greatly improved This
could mot 0cciIF nhvi0Iislv without
strong buying power. The people have
money with which to buy long-needed
things and SO the mills must keep busy
to supply the goods.
The iron and steel industry is salts
factory, completely passing over the
usual seasonal slump. There has been
a gain in pig iron imports, steel Is
duction absorbed. Indications of in
creased sales of steel abroad are re-
ported TO be improving. The sheet and
tinplate trade is steady.
The coal trade is in the best shape
it has enjoyed in q long time, and the
domestic demand Is showing marked
improvement. Orders are coming In
and some very favorable italian con-
tracts are pending The British mine
owners are planning sort Of cooper
alive marketing scheme which will
strengthen their position. The scheme
is expected to be In operation on Oc-
tober IS.
Construction and the engineering
trade are reported as steady, with the
electrical industry working full time.
Large contracts are being awarded for
installation Of power, and railway cleo
trification is being pushed. Sales OF
automobiles are we'll maintained. with
an improvement in the demand for
commercial vehicles, trucks and the
like.
Even Nature seems to have been on
the side of the British this year, for
weather conditions have been generally
favorable to crops. and good harvests
are being brought home, diminishing
the need for imports.
So 1t appears that England is COM
ing back Her natural conservatism and
the hard lessons she has learned in the
last decade will cause her to take every
advantage of improving her conditions.
She will not spend her increased earn
ing in celebrations. but. with the goal
of complete success in sight. will work
harder than ever. and it strongly APP
pears that those who have expected to
witness the early collapse Of the Brit
ish Empire as a world power will have
to alter their beliefs.