The Wilmington morning star. [volume] (Wilmington, N.C.) 1909-1990, 1945-06-29
RABS0N PREDICTS
PROSPEROUS Time
Rv ROGER w. BABSON


pABSON PARK, Mass, June %.
1t is generally agreed that there
,nill be a few years of excellent
BUSINESS in the United States fol-
loving the collapse of Japan. Per-
hans certain sections that have
tremendously owe expanded dur
mo the War will have slumps and
this applies to certain war indus
tries
The great majority of comrnu-
,ities and industries, however, are
headed for real prosperity so long
az the people have money to
snend. Remember that where we
had only 81 billion in our pockets
and cash drawers six years ago
we have SGT billion at the present
time which we are holding to spend
or invest as soon as fair oppor-
tunity arrives.
How long will it take for our peo-
nile to spend this money and what
will happen afterwards? Most
economists are agreed that we
should be prepared for trouble any
fine after 1850. AS to what form
This trouble takes depends largely
rnon the success or failure CT the
Russian Communist experiment.
If, after 1850, Russia, with the rest
of the world. suffers from unem-
nloyment, we have not much to
fear. IT, however, when Commu-
nistic countries should have no
unemployment, then we may see
a civil war here.
Those returning servicemen VINO
fear this possibility should serious
" consider where to locate after
coming back to this country They
should avoid necessarily returning
10 their own communities if othc:-
communities offer better oppor-
tnities and safer conditions. Here
again l want every man to decide
the question for himself, but I
believe that the small cities are far
safer in the long run than the large
cities. When starting my statisti-
cal business, which is now one of
the largest of its kind in the world.
selected Wellesley. Massachu-
sets. town of only about 5000
people. /
The question, however, naturally
arises in the minds of servicemen
what am l going to do if 1 go
to a small community" Anticl-
pating this inquiry, I am prepared
to give the following answers
These are industries which are
now being successfully carried on
in small communities and which
still have a good future This fu-
ture is being enhanced by the I'M.
proved living conditions, with low
er costs for rent and food, better
transportation facilities and lower
freight rates, and especi,&y by
very much better labor conditions.
l. The sale and repairing of agri-
cultural machinery offers an ex-
cellent opportunity for those who
have combined sales and me-
chanical ability.
2 The sale of automobiles and
the operation of garages offers
similar opportunities.
3. Electrical household equipment
combined with battery service and
the sale and repair of heating and
cooking apparatus.
4. The sale and repairing of fur
niture especially in connection
with upholstery.
5, Printing, book binding and en-
craving. These industries, even To-
day, are the most successful in
small communities.
l. Ham or bacon curing, and the
manufacture of country sau-
sages.
2. The baking trade, although
communities supporting this should
be suburban rather than isolated
3. Butter, cheese, condensed
milk and margarine.
/. Cattle, poultry and dog foods,
especially the latter.
5, Soft drinks, cider, vinegar, /
wines, cocoa and confectionery.
l. Duuo1uS 1lldLGIIdlS SUCH DIS
timber, bricks, fire clay, paints
and varnishes.
2. The manufa cture and distri-
button Of brushes, canvas goods,
crates, bags, rope and Irvine.
3. The tanning and dressing of
leather, also saddlery, harnesses.
etc.
4. Fertilizers, disinfectants, glue,
etc.
D Games, toys, and sport re-
qulsltes. The manufacture of these
Is especially adaptable in small
communities in hardwood sections.
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