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Show BUYING POWER OF AMERICA GREAT Sign of "Business as Usual" Soon Will Be Hung Out CHICAGO, Jan. I J Ogden Armour, la aa Interview on the general alius I Ion. aaya: "Price liquidation le about complete in most essential product a. The buyers' strike, which waa largely Inatrumental In bringing about reduced pricea, haa beva euc (-earful. Tha parer profile of the war period have ben wiped out aa Inflated prices returned to reasonable levels- The consumer's dol- lar haa about wua beck Ho prewar buying power. "Not ell commodities have gone through the liquidation process In perishahlea, aome havs largely resisted the trend of the tlmea but In tha long run lbs ratios prsrvalhng bet weed comiuirdltles before Ihe war will rj-4 turn. I look for additional shrinkage In such things as building materials and manufactures man-ufactures used by rsllroada and public utilities, util-ities, but 1 do not believe there should be, or will be, any further red uct lone la tbe pries of the products of the farm. 'The turn toward better bualaese will coma, ens of theae days, Just aa suddenly and Jest as Irrreletlbly as did the present slump. The Ametican psopls constitute ths best market In ths world aed their buying buy-ing power Is as grat aa It ever waa 'The minute ths publlo realises that price for easentiale have hit bottom, end even gone under production cost a buyUig will be resumed, and the accumulated stocks In most lines are so light that buying will be Instantly reflected In Induatrlal activity. "I believe we are right on the eve of the day when ths buying public will hang i ul flie business as uausV sign." |