Show t i CLIMBING CLIl OUT our of ot the bureau of labor la Ia- THE statistical experts THE 1 bor bar basing their computations ons on the bu bu- I reau's fixed list of commodities show that c the price levels now prevailing are 21 per cent above the time all-time low of one year ago We Ve Weare Weare are climbing out even though it is slowly It is peculiarly interesting to look back to toi i figures compiled forty years ago In the three th-ee years following the onset of recovery then the annual price gains were vere 21 per cent There is something fascinating in the fact Is it evidence evi evidence evi- evi dence deuce that same inexorable economic law not widely understood manages such things 1 It would seem so 14 I Perhaps then we should be content it if our i recovery is normal Other coun countries ries have lave much more to complain about England for example has recorded only a 5 per cent gain Germany has advanced 6 per cent Holland 7 per pel cent and Canada 8 per cent Professor G George orge r Warren arren the presidents president's 7 chief monetary adviser iser told a gathering of c farmers at Cornell CorDell the other day that the lo low i point of farm prices a year ago was indexed at 49 and today they stand at 73 but that t- t they are yet Jet less than half hal of what they were f before before t the le depression Professor Warren considers con eon siders that crop prices are about what could be expected considering the size of the crops the value of gold and the price of gold Figures arrived at by the New York Times place today's gene general al pr price ce l level vel at 28 per cent below that of 1926 It is somewhat difficult to bring all calculations to a common base The Theold Theold old department of agriculture 4 used the average average average aver aver- age of th the thc five iy J the w war r. r Other Othe computations are based on the prices of 1913 Government nt authorities now use 1926 prices in the belief f that they are more reliable than prewar figures |