Salt Lake Herald-Republican | 1920-03-04 | Page 4 | Drop in Prices Predicted

I Let us have faith that right makes might and andI andin I in that faith let us to the end cud dare to do our duty I I as we understand it jt Lincoln Drop in Prices Predicted BERNARD M. M BARUCH former chai chairman man of of t the e war industries board has some cheering views S in m regard rd to high cost of living Jiving which ho has bas recently the the- of ot reason made public publio and und which bear impress S' S The Tho rhe profiteers and hoarders boarders says Mr Baruch will soon run to cover lX with the markets returning to norma normal Only a cataclysm an act of G God d or some development de de- de- de such uch ch as ov overthrow of government ca can prevent pre- pre J vent ent this With yih tho the restoration of normal transportation the world back at work tion on oil SC sea and land and d word sea increased production n is in i sight and reduction of the thc f cost cst st of living of-living orl ing living is an absolute certainty Mr Baruch goes on to say V When the war broke broko out in 1914 it took men from production to destruction It I took five fl men and ad women to care for tor the wants of or each of or these fighting of ot 1 persons men This made mado the tho enormous total withdrawn from Crom their normal pursuits Factories I i changed chanced to produce agents of or destruction In unlimited 1 numbers This went on for Cor the war ar period But with r t the armistice tho the world begin began to get back to tG work woric We Wein In tho the United States arc now about back to normal The it k great forces that of necessity had to be dedicated to destruction no now are arc about to aid construction with wih all al o of their ability Production will reach rach the maximum and 4 the result will wll be that prices will wIl go 10 b back ck to normal and andall J all al or of the people will wU benefit benett Because Because of my n belief In Inthis Inthis inthis this fact I am opposed to any price fixing by Congress in peace times Tho ho law of ot supply and demand can cn bo be depended on to take tako care of or this Of course all aU will wil agree that it has bas been diminished ngee f t production that has advanced the cost cst of necessities and that relief will increased wil come only through se prok pro- pro k I but it is is comforting to learn from one whose opportunities to toi judge conditions are arc ae as great geat as Mr Ir Baruch's Barch's are ae that the thc time is imminent inet for the thc restoration of the thc normal laws of supply and demand r