Henderson daily dispatch., 1936-11-05

;-a-oay Schedule. (CentTGL FTeS2l
the highest previous figure. This is
nearly three-fourths of the 100000
vehicles now in operation throughout
the world.
Outlook for Industry's Export
Operations Improved
II is expected that the continued
progress of the governments foreign
trade program and the currency stabi-
lization compact, together with other
factors including a rapid expansion
of highway systems in some of the
leading potential markets will have
a favorable effect upon the industry's
1887 export trade
Opening of the Laredo-MexicO City
section of the Inter-American High
way earlier in the year, completion of
a large section Of European Super
Highway No. l to the eastern boun-
Diary of Hungary and other Outstand-
ing highway projects will directly
open new opportunities for the use of
motor vehicles and will indirectly
stimulate highway expansion in many
countries where the absence of ade-
quate traffic facilities is still one of
the major obstacles to be the in
creased use Of motor vehicles
Accident Toll Curbed Despite
Gain in Highway Use
Twenty billion car miles is taken
as a fair estimate of the increased
American motor travel of 1886 over
the previous year. In the face of the
unacceptable greatly increased hazards
attending expanded highway use, we
entertain a justifiable hope that traf-
fic accidents will be held at or slight
ly below the 1886 totals.
Early this year, by placing it's sup
port firmly behind highway and en-
forcement officials, and by heavily
underwriting the expenses of the ex-
banded programs of groups of ma
tionally recognized safety organiza-
tions, the industry has participated in
the national neutrality-suspicious. move
ment with renewed vigOr and sim
cerity.
The industry feels that it has help
ed form the foundation for a long
term program striking at the funda-
mentals of the accident problem,
rather than at specific surface irri-
tations, and that the efforts now be-
ing put forth will become increasing
ly effective as this movement gains
momentum
Car Makers Recovery Progress
Shared with Other Industries
There is much that points to a con-
tinuance of business recovery on a
broad front during the coming year.
The first major trade to make real
inc lon
thanks to its progressiveness in i'm
proving its product and to its for
tunate position of public acceptance.
the automobile industry will continue
to have a great effect on other In
dustries from which it buys supplies
and which are benefited by highway
travel. The purchasing cycle of all
industry has widened and widened
during the past year. AS one industry
has gained, others have benefited
and in turn helped along others on
the road to recovery. There is now
evident powerful underlying upward
momentum in business activity.
For the steel and textile and other
basic industries, as they advance to
new high leaels of operation, even
greater activity is predicted for 1887.
Significant gains have been made and
are expected to continue in residen-
tial and other building oterations. The
railroads are emerging from pro-
longed slump and are buying improv-
ed TRANS, locomotives and other
equipment after good many years of
below normal pre-depression levels
for such purchases.
Continued Business Gains Expected
by Automobile Manufacturers
All these are signs favorable to the
automobile industry's outlook for 1887
for they mean greater employment.
larger earnings, and the widening Of
the peoples ability to satisfy their de-
sires for motor cars.
The uncertain factors on the hort |
zon seem to relate largely to burden |
some taxation and other questions of
restrictive nature close to industry |
and the individual.
The international situation, which |
short months ago looked so ominous, |
has improved. Long impeded by all |
manner of obstacles, including those |
OF extreme economic nationalism ex- |
pressed by trade restrictions, cur |
renew manipulation and other mani |
festations, the weary world can now
look to some measure of cooperative |
intent on the part of number of the ;
leading nations.
America is not the only country
that is gaining rapidly. There are sore
spots here and there, but most Of
the major nations are well on their
way out of the woods, and world eco
nomic recovery Is a reasonable pros
pect.