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Show F.EPOBTS SHOW BUSINESS REVIVAL RE-VIVAL i In commenting on the Federal Reserve system, a recent report of the Economic Policy Commission of the American Bankers Association, disapproved and condemned without any reservation the unwarranted attacks at-tacks that have been made inside of Congress and without on members of the Federal Reserve board, individually in-dividually and upon the board as a whole. After an economic survey of conditions, throughout the country, coun-try, the report stated that a much -greater feeling of optimism prevailed ; in the nation, production in most lines is again stimulated and sales .are increasing so that manufacturers manufactur-ers and farmers have little surplus on hand. L "In other words," the report said, I "'liquidation has been completed in mearly all lines of activity throughout through-out .the country, and costs have decreased de-creased except in the items of labor, j -transportation and taxation. Even :as regards labor there has undoubtedly undoubt-edly been a considerable lowering of prices, especially as regards agricultural agricul-tural labor. e "Everyone seems to feel that the worst is over, that interest rates will Jftrntinue to fall and that business j failures for the rest of the year will j Ttot be unusually large." |