Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-08-29


Figures invariably lend themselves II
more than one Interpretation. On th'
basis Of the same set Of statistics two
analysts may and very often do reach
two different conclusions. For THU
reason, statistical data which are laid
before the public must always be taker
with a certain degree of reservation
especially when those presenting then
may have reasons of their own for sup
plying different interpretations.
without questioning the sincerity o.
the president of the American Fedora
ton Of Labor. his alarming estimate
that the country's unemployed in the
first part of August number 5,1o0,00C
and his even more alarming prophecy
that the number will exceed 1000, DOC
by January need not be taken too liter
ally.
South Gloomy, Rail Head Says.
He informs us that in the fedora
tons four years record OF unemploy-
ment among trade unionists, only once
has the Fall season failed to bring 81
least a slight improvement in August
this exception being last year,
Examining employment statistics FUR
nished by the Federal Reserve Board
for the past IL years, We nnd that
in 1920 employment in August was
lower than in any preceding month OF
the wear, except June. The same was
practically true of 1921. There was
relatively little variation in 1928. In
1924 August once more registered q
record low for the year to date, except
for July. In the following year there
was little change. while in 1928 and
1927 employment in August was ex-
ceeded by that registered IN the months
of FEBRUARY, March and April.
There is much gloom in the South
west. occasioned by the low price OF
cotton, according to M, H. Cahill
chairman and president of the Mis-
souri, Kansas Texas Railway.
LIE Neveu Sees France Hard Hit.
The situation is aggravated by the
low price of foodstuffs and the de-
moraiized condition of the wheat mar
ket. but Mr.. Cahill does not fail to
add a word OF cheer. Despite low
prices. he says, the harvesting Is put
ting considerable sums of money into
circulation, crops have been produced
with less debt against them than in
former years and loadings in the terri
tory served by his company are show
ing improvement, although they are
not I'D to those of a year ago.
While reports from almost every
where refer to the unparalleled pros
perity Of France. contrasting rather
sharply with depressed conditions OF
Frances neighbor. Frenchman who
ought to know tells q somewhat diff
ferent story.
M. Charles lie Neveu, president of the
French Colonial Union DUnion Colo
Male Francaise), says that the French
budget for this year will show deficit,
that colonial trade Is practically at a
standstill, and that relief can come
only as result of drastic measures
and a prompt renewal of business
The willingness of France to CO.
operate may be the forerunner to such
revival.
Austria Bats Tourists.
Countries with adverse trade balances
depend upon so-called invisible IN
come to secure commercial equIlib-
rum. Among invisible incomes, tourist
and traveller expenses occupy a very
important place.
Due to the prevailing crisis and the
resultant decline in tourist expendi-
lures, number of leading resorts IN
Austria have introduced q novel idea
into their business. They will make q
refund to each guest for every rainy
day. They have been prompted by the
belief that tourists regard as lost days
on which they are obliged to be con-
fined to their rooms in the hotel.
Whether Austria's balance Of pay
ments will improve as result Of the
new system one Is not IN q position TO
state at this time
tCopyright, 1891. By the North American
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