Show ERA OF OVER CAUTION in a time when business Is slow recovery fe covery Is postponed by the tendency if business concerns to be very cau flous in their buying they are fear mi of being stocked up with goods hat wont sell so they restrict their to immediate needs and beep their inventories aown to the west possible limits millions of wage earners catch the of caution they hear about a many people being out of vork nd the fear of unemployment spreads mong them they restrict their ur chases as much as possible arid lay side all the money they can against day when they fear to be out of hoik caution and prudence are fina ties every family ought to be acting aside some portion of its income or future contingencies but there Is uch a thing as carrl ng the cantlon iry spirit so far that the progress of lushness is hampered whenever eople fall to buy their normal sup lies of goods then production falls elow normal and people are laid oft r work only part time this seems 0 be the principal princ reason why busl less has not fully recovered this tall rom the depression that hit it when he stock market broke last year there seems no logic whatever in my further continuance of business such periods rarely last ver a year the stock market break ud not occur until october 1929 but business had been slowing down for everal months previous to that time 0 o that the recession can bo considered 0 have lasted now for 14 months che thing that prevents prompt rewery is the spirit of oer caution hat pravades pr evades the country bath among he managers of business and the passes of the people if people went ahead and bought applies confidently the way they do it would seem as if busl j ess would be normal a few s beeks here in utah and everywhere |