Show 1 r. r T I T 1 IT 7 TJ- TJ r m Kind ind W Word vv r l' l for tor Business J r t By Ira C. C Tichenor reserve officials having administered possibly a neer nee nee- r i. i 1 i. essary castigation to the general business interests interests' of the j country o n r by using a stout financial strap with which which- to o red reduce ce a yf line that appeared to have expanded to the toe limit of safety Pot not ot good looks now are Inclined to utter a few words of sympathy and encouragement S. S t. t f fJ T While these few fw words inay may be reminiscent of ot the remark of ot the stern stem i tt ib t bit but kindly parent that It hurts me worse worse than than tian It does you you and with With J a most p human hunan human beings have have been familiar atone at tone one time or either as s sj j t or they they give the Impression lon of sincere and doubt- doubt Of S aVe a soothing effect upon any any- tender spot that spot might have been been f on on the business end o of the body politic I I In Til fact t. t a m member nib r pf f t the e federal res reserve rV bo board r goes to the e extent t of r la acknowledging that there Is need of encouraging t the e business inte Interests of or f st jh country ou try and expresses t the e hope that the theco co coming issue of the boards board's will say something along alons this line tine In a letter to the head of a Jarge financial lal institution this member wrote v ote 1 I 1 hope 1 pe the board will Jn n. n the next i issue of the bulletin be able to give Vord ord O d of or encouragement encouragement to to the the business interests of the country count r which j I t i c oti iu esre It seems to me me e the most s serious rious' problems just no now v are related 1 transportation This statement was made In in reply to a a. suggestion that the campaign t against ginst credit conditions had created apprehension In the minds of ot some people e Pl regarding business conditions but If assurances assurances cou could d' d be given that J J I is a great Improvement In the situation and that with the cooperation i of r trie business community it would continue t to g greatly e Improve this this' feeling would be stayed r o of apprehension t 9 Itis It is generally conceded that the last big hurdle for some weeks was t taken aken k by by bythe the money market in the shape shap of f June 15 tax payments as as as-a as a. a result of ot which the treas treasury ry department should be comparatively fl flush sh and large government balances should now accrue e to the N While the necessity for conservatism still sun prevails it i Is confidently believed eved that the worst is over and that following the usual usual summer lull lul L here there will it be a general revival in every ever ine line o of trade and Industry i |