Show 1 f t Getting Back to T n Normal tors arc that the conferences now being heing ng K held by the steel interests of the thc United States State vv will l bring ng a n readjustment of steel prices Months ago ajro E. E H H. Gary Ga chairman of the thc American Iron Steel institute f proposed a material reduction in the prices of the thc basic commodities of life as the forerunner of a national effort ef- ef fort toward readjustment The proposal met with instant instant in- in stant indorsement and was recognized as the tile initial in a n necessary sary sacrifice Efforts to encourage readjustment are arc watched by Fall t all classes with vital interest The first i t sacrifice is i s f the hardest to tc make and all classes hesitate to make thc initial plunge With the time first departure the t un- un o raveling cling process begins and readjustment sets in in I It t is therefore encouraging to note the disposition of the l steel interests toward making g the first in step the tie r re adjustment v As ls soon as ns this step is is negotiated other lines ar are e bound to 0 follow Duel Dud a period of general activity w will wil 11 l r result Prospective builders have deferred operations operation S largely on account of the time high prices of materials A A general reduction in the price of or steel will mark th the thc m e beginning of the downward trend in other lines and d an Jf work constitute the signal for the beginning of construction on With th the r. r resumption of construction ufa should find work the manufacturers man man- a ready market for their out out- put hut t thus enabling them to keep their own normal wl while lo operations ons stimulating employment and production r in other lines The mover pI proposed pos d by the steel men is J a a. desired one and should be bea J a great Teat het help p to a Q nation seeking a return to normal conditions as rapidly as phs pas pos sible Bible It is the beginning of or a n. great g which process in indue b due time will wi l lead us back to a basis of safe and i ir operation of 01 industry for the time general sane r cl classes advantage of all ll |