Salt Lake Tribune | 1919-09-04 | Page 1 | Crest of High Cost Now Passing Armour Aves; Others not so Hopeful

Crest of High Cost Now Passing, Armour Avers; Others Not So Hopeful (Chicago Tribune Special Servieft.) CHICAGO, Sept. C Has the crest in tho hitrii cost o' living been reached ? J. Osden Armour says it has, in an interview just made p u V . 1 i -, hut other parkera showed a marked d. si nf-i! nation na-tion today to commit t hum. reives on the pu hject. From several sources ame the in'ima-tion in'ima-tion that Mr. Armour "niisht he a J i : t ; c cverop:irr;!.'-iic." It-a!ers In other llns than foodst'iffs said they hoped ho was r j-'nt, out ihai, so far as th"ir own lines v.-ere onr.-nicd, laey were induiidnc In no pred :e : ions. The heads of the or hr-r r i r - trk ir.c: companies, Inhidinir Iouis F. JO i - ard Morr:, Jr.. ar.d Thomas K. W:!f-on, u.'iani:riou."i' deoiir.d to comment on Mr. Armour's ? ' a l e m e r, : . "We'd like lo see prices po down, ah rich'.," said R. A. K ;-. pres i I of Franklin MaoV'?arJi - 'o.. vho:u-prorT?, vho:u-prorT?, "hot writ' Ih.r i hey v.' . or 1:01 ih a r.o t her ma 1 1 t." ""v;'.h production low ai.d con rnp' ;r,n j-.lqh. fl-s it If r pre "nt, ;.) ;)ofh;I ; ) ; ' : or. anv immedlare crr !r pr;-'-s ":i; -i:i-,i;;.r "'jj Lo rr.f. There's or.e ,h.;.". l.;a::z'i '. ':cv car.'t erv v l-o :";":':.( h'.fe-:.ei'. ii Lhey do. puhho -w u; re,.i- 1 tr,r its protep l.v cuillnc down coi'jinp-Hon. coi'jinp-Hon. in that i vent, the m iro peak will ha'e heen reached, all ritrii'.. tnji only t.-j-caus''. fons;i:npr i"n has d '-'T -a y 1 . ' ' i L f s f l: hiiiK :l,c malfr froiri a hanker'sj stand point. liarry J f. M-rri' k, T're-,id'-:if Oi thf ;reat Ikf-s Trust conii.a uy. sail he beiie-ed Mr. Annn'ir was r'ciji, k'rant-ir.ff k'rant-ir.ff that a triK- h declared i.djlwer-n la- hor ;i nd i ndus ry. "The cO't of Ih.'Sntr cannot f-'o down." he sa:d, "if wai:"M coniimje io ko up. I 'rorliic -ion is jo ..-rue I hy c(;r! a: u wed - : de.'n.ed laws, ;,nd IT in now at a point I wh'-re it is reaoy to nrini.' down :lie h'.-'ntr eost ! f la hor '-er'ds'-r: r'-s! ra i ni, m I i,e I matter of s'r k-s. If a v mjine true, j c.-:;r-;: ao Vn s l.f-ri iriTi '. jori' O, is 0 r;;, r f.J, j prl'-ea y;-rit ;iway, w ; ; h a sh-ai do"nw;jrd I tr-r-.d. Th:'t is all -only s.;,-ii:, , hf-avy. dowiiward trr.d woi;!d . 'hudily uni-s:ra-hi e u . i d r preseri t -on. 1 ; t ions, " ! J. iar-y S'elz. prfs:don: of f-"'z-.-hwa ), ' S":'O0 cirnpa :.y, v.-as n'-t rcTy to "'i.;,- the' : c-r-s: h: )-'-r-:: r'Ti'--d in the privo of j sh'-s nor In ;-.'H- 1 l.nev. ! "1 tv.uir.-.i t;.e er? of th" h:-j living I 'n-r ;;,o i, r-ach.-d mon'hs ak'O," h" J y---fi. "-it I '.r,-.n I v ai mista ken. Xow j 1 I'm r, aklnz a:,- prcdt 'ons." fhu' Vj.-.i.c-;. ,-,,,-n j., o'h'-r Jir.es, e-XtrefEed e-XtrefEed Themselves similarly.