The Western news. [volume] (Libby, Mont.) 1933-current, 1941-01-02
By ROGER ". BABsON


BY ROGER
RABSON PARK, Mass, Dec. 81
A question to discuss before making
q forecast for 1941 is: Will World
war II continue throughout the
vear7n NV answer is that 1t Will
surely continue at least until the
fall For the purposes OF my fore
cast, this is equivalent to the ehtiie
wear of 1941.
Germany is storing up huge guam
t;ties az arsenic to be used IN an
attempt to destroy the crops OF
Great Britain next summer or neAI
fall. If England is also storing
arsenic and succeeds IN destroying
the crops Of Germany, the War may
end next fall. 1t is evident tnat
both sides will attempt destruction
by arsenic, fire, or otherwise. ! say
This because the effect Of sucn
orop-killing campaign would pc
more serious for Germany than Tor
England. England is dependent 70
the extent of only IS per cent OF ner
home crops, while Germany oe-
pendence is 80 per cent Germany.
moreover, is unable to import excep.
by robbing adjoining nations, ana
hence. must conserve all her own
crons. People are not frightened Dy
bombs. as only one person out OF
mnny thousands suffer from them;
hut The fear OF starvation will throw
nation into panic. Hence. stats.
ticians believe that the ending OF
the War in favor Of England de-
pends upon the success OF the Brit
ish Blockade supplemented by the
destruction OF German crops
x<><.x - rqzr RECORD /
In :
/ Let me say thAt 1S4l sne0ia -
the Best busiusAD year m4 coa1J
has ever Witnessed everything
from cradles to collins, including q.
vidends and pay envelopes, snoule
show fine gain over lS4O. we neal
much bowling about taxes. Wnel
YOU consider, however, that the Elk
cess Profits Tax on firms with large
invested capital does not oeein III
til they earn per cent net, ever
taxes are not 50 serious. -,
Industrial activity directly Telaee'
to defense will account for aDou
, 10 per CENT of total l94l business
Production indirectly related 70 ue
, Tense will also aggregate ABOUT :
. per cent. Thus, IN l94l, ~ per ce.,
, Of our total business activlty WI
come from ornaments, eApee
, the Babsonchart Index Oh BUSHES
! to average about 10 per cent nIsii11
than ~ ls4v. n taxt;Ias Shoe shoes min
ing foods printing, publishing, ship
building, puiloing, iIsn. = D
and many o1hel .aau rn;1 IL ha re-
! spring, business ~ suAt .;ra h;ab
J coruine ne" a,;.h ~ n,,t def
~ Woulu De lI .ha n.hsoncha,
mite ngure Oh wna' ioA1 hut
!, INDEX VIII sno ss,rrr;sad Il i a,
! ! snouIu tau rs.;-, et;ng the cour
! erases ~ So loan a. S74 O0O
trys income ul r;sa r. we
: oo0.oOo, ! loIc cca non 80 ,oaI n
ABOVE $oV,vOv,vov,ryoo1o nn mn mn RI
1883 inquire was .o,vo,v ~ data ~,
:, greatest nauonal I.a1oi 20, O. oas mn no
= IN 1879, WneH ~ "os .sa.;on ~ ~
: Ihis cails LOT e. a1 sant an !,
: employnent - ~ ~ rar con
= crease IN pulluInk - go. 81 trada
4 ana an lncIeass ~ aans that sal,
y o. per cent lns - rnarchandi,
Oh pnyslcal vol. . .a,rs az reta
VIII SHOW W., s..araae nn1v sipht
prices Nh .s 800 1ast yes
. naener tlan Wy y,..., s;sr
ms Is . veiy n'
: WAR OR PEACE, BUSINESS
VIII RE RETTER
. $50
l | believe that we Woulc iiaVe
prosperous l94l Irrespective "a =
defense program. Inc plg pusiie
Of backlog, the great snor.as s .,