Show economic highlights tait affo the h III dinner rails rail ch ahk end na T 1 bill f r ifor tr N 1 n n ita b loam IBM inu kl aress rr JL 1 during and since the bank holidays the best news of each week lna ins boon been of a psychological character it has abre a phases phase faith in the now administration demon by tho the support it has been given by organizations and andt vidual of all political divisions division 8 confidence in the future of tho country a belief that recovery la fit under way most blast important of it these Is confidence so tar far as tho the public mind generally Is concerned the days of gloom aro over tho spirit of inertia that gripped so 00 many millions a tow few months montha ao go has hag been replaced by a of at aggressiveness and action this spirit la is naturally reflected in the attitude of industrial organisms of great interest to Is a survey recently mado made by a press ass association ocla among tho the major industries or of the country it produced opinion as follows steel prospect tor for recovery brighter than at any time in tho the past few years metals Met alsAn an unmistakable return of confidence la is felt cement slow but certain change for tho the better anti anticipated ci meat products supplies on hand band not excessive and price rise expected shoes and leather nAny any change will be up not net down these forecasts reflect the attl tu tude 0 of loaders leaders of most other 10 in the department of agriculture forecasts a general reduction in acreage of major crops crop s this year contrary to the general trend i la Is tobacco for which a 22 pa per r cent increase in acreage la is predicted farm leazero made a dramatic move when led by secretary wal on roosevelt and asked him to request congress for dictatorial powers in tho the matter of farm prod acts under their proposed legislation the president would have b solute power in fixing the price of wheat corn cam cotton hogs cattle dairy products etc purpose of the legislation would bo be to bring about parity of prices between agricultural and industrial commodities the proposal it it became a law would give president roosevelt oven even greater powers than were given president alison under tho the food administration act made necessary by tho world war farm mortgages remain a press ing agricultural problem the administration will give every offer effort to binding rinding means qt of equitably solving it it ls Is pot not however a new problem A survey has hag shown for example that per cent of all farms in new york are arc under mortgage and this Is precisely tho same per that was mortgaged in 1900 best year was 1825 1925 when the per dropped to farm prices have remained fairly steady and there have boon bogna a number of advances it Is doubtful if any major recession rec easlon will set in |