Show I 1 01 conditions THIS WINTER MINTER a consumer industries have been going slow because nt of uncertainty as to future conditions and the trend of prices if a manufacturer takes a contract for the delivery of a quantity of goods at a time when he is paying say an hour for wages if a condition comes up that he might have to pay an hour he must either raise his prices to cover higher costs or go slow on new orders until a certainty is established he can t bid at the old prices because in a few weeks or months new prices of labor charges will affect that selling cost so on all sides big bis business is going slow in an community like this except to the owner there is no work in sight for this winter things will drag seeing this in the offing some time ago the L D S church authorities have tried their level best to meet the issue antell by the church security plan providing work in the summer and storing the results of that work to be drawn against this winter it is admirably thought out and shows a preparation against a time of lean years there is thought of another depression let us see how spending money affects conditions in a certain little community fast going into a depression a downslide they voted a million dollars of debt the work of spending that million dol lars held off a depression on that group of towns business wa good as long as the money lasted As long as the money last ed men found work on the job conditions were far from a de press on just so the government money for relief etc has kept things going artificially but in both as soon as the mon ey stopped forward conditions and the paying back was bad so the paying back of the larger scale government deficit will be bad and all see it business sees it every man who thinks sees it and today when retrenchment is fore shadowed when the money is beginning to stop there is bound to be a depression and to forethought rethought says get ready as far as one can to meet it hence the church security plan business can t take up the slack how can a local mer chant hire more help when he sees the need of cutting down of having less inventory of releasing maybe some of the help no business can not take up the he slack there is no sense in railing aganet the decision of business not to undertake it business is confronted with increased taxes with a lot of uncertain regulatory measures and a shown trend toward more and more a totalitarian state a power of politics may lead to confiscation that confiscation may take the form of a beg beginning fnning mild dictatorship but grow a more and more col which when a revolution is encouraged ever so slightly sweeps onward to true confiscation at first said to controlled but growing out of control business Busine js cannot help but feel uneasy anti capitalistic senti sentiment mento has never been su s encouraged as now all these things bring trained heads to say BL business siness will be relatively quiet for several months to come 1938 will bring a lower national income than 1937 it is wise to prepare for it |