The Waterbury Democrat., 1939-08-15
Officials Here Seek Reinstatement of WPA Worker
|O Optimistic Note In
 Business Forecast
Executive Manager of Credit Men Association Sees
 Brighter Picture for U. s. Right After Labor Day

Better business after Labor Day, with the last half of this year witt messing the best business record during 1899, is the forecast made to- day by Henry H. Heimann, Execu- tive Manager, National Association of Credit Men, in his Monthly Re- view of Business sent to the Asso- ciation's 10000 manufacturing banking and wholeSaling members.
 "Whether or not the moderate, encouraging business upturn, which developed in the middle of July holds through the summer weeks" he points out, "It can be regarded as a probable forerunner of better business after Labor Day.
 "The improvement in business should continue through the holiday season. Trade then should equal or better that experienced year ago. On the whole, 1889 should prove better than 1898, both as to business volume and earnings. Whether it will equal the reasonably satisfac- tory year of 1887 is somewhat ques- tionable, but the possibility does exist and the record of the next few weeks will be quite important as to this possibility being realized"
 Spurt Temporary
 Stating that temporary spurt in business for a limited period of time can be expected to recur every so often, MT. Heimann then declares that such spurt-based less on capital goods than on consumer and semi-durable goods-is what we have been enjoying.
 In some measure, he feels, 1t is due to Congressional activity, add ing that business in general feels encouraged by several actions: "l. The proposed investigation of the National Labor Relations Board indicates that the period of labor leader domination is drawing to. a close.
 "2. The treatment of the spend- ng-lending program by Congress indicated recognition of the need of economy and opposition to "blank-check" grants of money and power to one branch of the govern ment.
 8. The Hatch Bill points to an effort to divorce relief from politics. In its actual workings it may not accomplish all thct its friends claim for it, since one net result that ap- pears possible will be the transfer of some political party power from the federal field to the states. It can of course be distinct gain If the proper character of representa- tion has control in the states; but that cannot be quickly assumed for states and political subdivisions have now and always have had their share of political machines. :, A. The proposed legislation to define the limits within which bu- reaucratic agencies of Congress may act, can remove one element of un- certainty in business operations The huge group of decisions devel. oped by government bureaus, anc having the effect of law, really make these bureaus combination of legislature, prosecutor, judge and jury.
 Unfav0rable Influences
 "While business has been some- what better, it does not mean that business men can take 1t for grant, ed that the recent improvement ushered in a long-term period of business upturn. There are too many unfavorable influences at hand. It will be necessary to re- solve them before we can be really hopeful that long continued era of prosperity will be enjoyed.
 "While sometime in the course of the next few years this nation should get started on recovery that will be not only sound but also of sustained duration, the recent improvement did not herald such a recovery. The accumulated needs of this nation are such that once a feeling of confidence returns and some of the discouraging programs, not only here but throughout the world, have subsided, recovery carrying over substantially decade could easily be realized. -
 "It isn't necessary that the prob- lems confronting us and other na- tions be completely solved, or that the economic abuses of the past be corrected at once. To expect that