The Carbon County news. [volume] (Red Lodge, Mont.) 1924-1931, 1930-05-22
GOOD TIMES
ARE COMING

| BUSINESS mas turned the corner an(
is on the upgrade. That this wa.
true was until recently only a hope
now it is an assured fact. There i:
a good reason to believe that by the
middle of this year business normally
will have been restored, and it will
not be surprising if 1880 will stanc
out. at its close, as one of the pros
porous years of the decade. The
measure of this return Of good times
is the increase in employment. Am
erican prosperity is based on the size
of the industrial payroll.
| An endless chain operates both in
the decline and the rise of business
, Whenever, beginning last summer
ten thousand men were thrown out
of jobs, it made much easier the sep
aration of the next ten thousand from
! the payroll, for the men who ceased
to be producers at the same time
ceased to be hundred per cent con-
sumers, and their demand for the pro-
ducts of industry declined. When en-
ployment reached low point, and be-
gan to increase, the same geometrical
influence again set in, in the opposite
direction, and today we are feeling
the effect of this. Whenever ten
thousand men go back to work, IT
makes certain the employment OF
many more men, and so on, and so on
During the period of depression
millions of Americans have cut down
their purchases. This has included the
employed, through fear of the fture
as we'll as the unemployed. With fear
disappearing this dammed-up demand
for the products of the farm and fac
tory will make itself felt. Indeed
the depression of the last few months
has taught lessons to millions which
will be of permanent value. There
will be less speculation, less over
expansion, less over-expenditure than
heretofore. People generally will
take fewer chances, and hundreds of
millions which have gone into specu-
lative enterprises will be kept at home
for safe and legitimate purposes.
Locally there are ways and means
by which the restoration of prosper
ity can be FASTENED. Those who have
jobs of painting, repairing, refurnish-
ing or building in mind can do good
for themselves and the community
I by having this work done now. 1t
can doubtless be done more cheaply
at this time that it could be done a
year or even six months hence. More
over this is a good time for making
! commodity purchases prices being
lower than they have been for some
years, and lower than they are likely
to be a little later. Purchases OF
clothing, furniture and of food stuffs
indeed of all articles of both neces-
sity and luxury-can be made to bet
ter advantage now than later. The
release of this individual purchasing
power will moreover contribute to the
speeding up of American industry.
Better days are ahead. The re-
cent depression came quickly-it is
disappearing quickly, proving the
fundamental soundness of American
economic conditions. The new tariff
law will help, despite the maledictions
heaped upon it by those who prefer
, to buy foreign merchandise, made by
cheapened labor, rather than help
keep an American workingman on the
job at living wages. The calamity
howlers have had good time of it
during the past few months, but they
will soon be the only Americans out
of job.