The Butler County press. [volume] (Hamilton, Ohio) 1900-1946, 1931-04-24
The Cherry
- Where with our
we tell the truth
about many things. sometimes pre-
foundly, sometimes Hippantly,
sometimes recklessly. ........

Paul Clay, rated by newspapers
that quote him as zone of the ablest
economists in the United States"
gives us this weeks tidbit, sliced, let
US remark, very thinly. It's morsel
''The market" says this economist,
must have time for general trade to
catch up to the improvement in stock
prices. The downward movement has
the effect of shaking out the weak and
timid and thus improving the position
of the market"
That's what has happened to thou
sands and thousands of folks who
thought they had toe hold on little
piece of paper from which later they
would make a profit.
They are the weak and the timid-
and they have been shaken out-so
now the condition of the market has
improved, thank you
Get the poor fish in, trim 'em and
then throw 'em out on their we'll
worn ear. That improves the posi-
tion of the market
The markets the thing. Let mere
people go jump off the roof.
And some folks call that economics.
| or fflts11 70, Of hty a1r
The good old subject of wages keeps
bobbing up.
All kinds of folks are discussing
wages, including those who haven't
any.
The cry rings out over the land that
wages must not come down.
! Less often we hear the cry that
they must go up.
Now this is clear:
Wages will either go up-and with
drastic steepness and speed-or the
present economic order will get so out
of joint that trouble will be in the
air everywhere.
!
profits, dividends and interest is so
enormous and is growing so fast that
mere trifes will not bring about a
workable readjustment.
Draw two lines, one representing
= wages, the other the output per
worker in dollar value of commodi-
$ ties. AS the years and months pass
n they get so far apart they forget to
h know each other They can't even
telegraph back and forth They are
utter strangers.
Those lines must come back to-
$ gether-theys must trend together.
: Unless the present trend is stopped
and turned into an opposite trend
: there will be calamities besides which
q the current depression will be a pic
MIC
Those that want democracy to sue
> ceed had better begin actively to put
! more of it into practice at the points
o where it will count for something be-
sides titles, sinecures and graft.
y That will be enough of that for this
;, week. But the lesson will be brought
up again. Well learn it or sink, Mr.
Wiggin to the contrary notwith-
. standing.
g The American Engineering Council
: tells US this week that if the high cost
g of government is not curbed it will
q lead to more or less serious trou-
ble"
Just why we should be alarmed
about that is a question. Govern,
S ment is a source of trouble for Sc
o many of us anyway. And so many
+ are perfectly willing to keep on add
ing to its cost. A good jolt for those
that want the kind of government that
: can't exist without being costly might
not do so much harm.
X
y But spring is in the air in most
sections of the country. More people
have time to pick flowers this year
having nothing else to do, than has
been usual in more prosperous years
! Anyhow, find something to laugh at
l, and let the world roll by. But don't
e stay away too long.
e by some overlord. There are some
/, as million workers in the United
e States, all of whom ought to be hon