The Bluffton news. [volume] (Bluffton, Ohio) 1875-current, 1955-12-29

6. The recent policy of the money
managers in the direction of
squeeze" will be shifted to lease"
sometime in 1856. This reversal could
put floor under any business decline
that may start next year.
7. If the Republicans are re-elect-
ed in 1856, great sums will continue
to be spent on research and new plant
expansion. The effect could well be
another "turn up" in the Babsonchart
Index of Business.
8. Despite the decline in family
formations, the baby boom will roll
merrily on through 1856. The reason:
More parents are willing to have
four, five, and even more youngsters.
! 9. All told, / look for 1856 to be
the second best business year in his
tory-just shade off from 1855. Pre-
dicted declines in the key auto and
residential building industries will
largely be offset by rising expendi-
lures for roads, sewers, and schools
and by increased demand for elec-
tricity, natural gas, and foods.
REAL ESTATE
10. The main handicap to retail
business in 1856 will be intensifcation
of the parking nuisance, but this is
getting so terrible that revolution
ary solution may be in sight. Shop
ping centers are partial remedy and
will help suburban property. But on
ly 1870 of the people will live in the
suburbs in 1856.
IL. Cities will condemn old build
ings and provide thousands of park
ing lots in 1856. AS this is done, city
property will again come back.
IL. Building costs will average
higher through at least the first half
of 1856. This means that fewer new
homes may be built next year.
13. Commercial farms need not
suffer during 1866. Increased efficien-
cy and new machinery should Offset
price declines.
IA. Owners of small scattered
farms will suffer during 1856. They
have not the volume or capital to cut
their costs to offset the reduced prices
for their crops.
Is. Taken all in all, the real es-
tate situation should average only
moderately below the good level of
1866. However, activity promises to
be less and those who have been hold
ing real estate for speculative profits
might do we'll to consider selling.
INTERNATIONAL OUTLOOK
AND POLITICS
16. Russia will keep out of war
with US during 1856.
II. There will be one or more
small wars during 1856. Both sides of
the conflicts will try to secure help in
the form of munitions from both Rus
sia and the United States, but none
of these will develop into serious con-
fiicts.
18. The hydrogen bomb and the
guided missile will be the greatest
international factors for diplomatic
trading during 1866. This trading will
hold down the price of big-city prop
erty.
10. The Republicans win turn
slightly "New Dealish" during 1866
and this will bring on a lively and
heated Presidential campaign.
20. Democrats are uncertain as
to what their policy will be in 1856.
Stevenson is a liberal; but more con-
servative than many Democrats.
Kefauver appeals to the masses, while
Hartman leans to the left. However,
some clark horse" may run off with
the Democratic nomination.
21. Some taxes will be reduced
during 1856. These cuts will try to
favor all voters slightly; but the
largest benefits will go to low income
groups.
%. The farm problem-concern-
ing higher price parities-will be the
center of most political fights.
%. The cost of living will in
crease only slightly during 1856. We,
however, must not forget what wea-
ther can do to production, prices, and
even to the stock market.
"a. All the above means that there
is now in sight no reason for further
imitation during 1856. Certainly, /
look for no runaway price climb.
OUTLOOK FOR COMMODITIES
II rs. / am not crop expert, but
my associates forecast for 1866 is as
follows: (1) Further acreage reduc-
tions that will be largely Offset by
soaring yields resulting from intensi-
fed cultivation; (2) expanded farm
subsidies that will mildly bolster
crop prices and farm income COM
pared with the 1865 averages.
26. Although wheat and corn
prices depend upon both shifting