Show WE VE CANT CAN'T STOP NOW NO There are unmistakable signs sign s 1 ever everywhere where here of improvement in economic conditions More l men are rt zt t work millions of th them m. m Farmers are getting better prices business is good Many l of the big big- industries report deport more orders on hand than for some years past Prices are Wising Rising The bank rep reports for October r showed that money in inthe inthe inthe the sh shape Ie of f checks changed hands at a rate 2 25 percent higher high high- er than in October of ot 1932 That Thatis is perhaps the most encouraging sign of all al for it is not the volume volume vol vol- ume of money but th the speed with which it moves from hand to to hand that counts If everybody I had a million and nobody sp spent nt anything we would have hardtimes hard hardtimes hardtimes times but if everybody had only only on on- ly a hundred dollars and spent it quickly knowing where th the ne next nett hundred d was coming from we would have immense pros pros- Much l of the present recovery is is due clue to such Governmental 1 activities as the Public Works Yorks program and its latest offspring the Civil V Works Administration tion much to the loosening of cr credit and the pressure on deb deb- t AS lS through Federal assistance to banks and mortgagors Much l of it is due too to the distribution distribution distribution tion of huge sums to growers of various commodities as a premium unI for reduced tion Those are only temporary measures of course cours If they were all to to be abandoned now they probably would have nomore no nomore more permanent effect than ashot a ashot ashot I shot in the arm has upon a adope adope dope fiend They are however laying ying the foundation for business business busi busi- I busi-I ness and industry to build upon I and probably will tide us over the emergency and set us wellon well wellon the road to on recovery I It looks to us as if the th thing for everybody to do now is s notto not notto notto to gum the cards but to give the New Deal a chance to prove itself Everyone has a right to I his private opinion as to whether whether whether ther the end result will be beneficial beneficial beneficial bene- bene 1 but nobody with sense would want to stop it now in inthe inthe m t the middle of the stream I I I I BUSINESS IMPROVING Il T The h e business indicators which have been showing howing a a gradual let-down let from the summer summer sum- sum j i mer peak are looking somewhat better Most l recent reports show COAL production up Heavy CONSTRUCTION CONSTRUCTION- contracts contracts contracts con con- tracts more than double in recent recent recent re re- cent week LUMBER LUl orders orders' for a recent week were the hC heaviest since May l 19 f 1930 93 3 O. O STEEL production alter a long period of downward tend tendencies showed an up flare but is veil wel I 1 below summer average avenge COMMODITY COMMODITY COM COM- l PRICES continuing their steady advance Business failures at a low point I The wave of commodity buying buying buying buy buy- ing which followed the first flush of excitement over the has weakened and retail outlets find business slower with strong consumer opposition to higher prices price The volume of Christmas buying on which reports will be a available after the first of the year will vill be an excellent indication of just how I far recovery lias advanced so soI far as the average citi citizen n is I concerned I I A POTENTIALLY DANGEROUS CODE Th There re is mounting opposition especially on the part of dairy farmers in the New York milk shed and elsewhere to c certain provisions in the proposed national national national na na- trucking code which is isnow isnow isnow now being considered and r. r revised revised re re- by government officials and the trucking industry The code is designed design d to outlaw outlaw outlaw out out- law unfair competition and to todo todo todo do away way with uneconomic trucking trucking trucking truck truck- ing practices practices ces proposes deserve and l receive full public support But there is danger that in accomplishing this technicalities technicalities technicalities tech tech- will vill ari arise arise which will make the letter of the code defeat defeat defeat de de- feat its spirit For example under under under un un- der the proposed c code cod codeno o d e eno eno no farmer could haul a neighbors neighbor's neigh neigh- t ors bor's milk hay or other produce to market for compensation i even once a a year without filing I a schedule of rates securing a license or permit securing andI and displaying insignia and complying complying complying comply comply- ing with all the rules applicable t to a regular commercial truck truck- er No farmer fanner driving into town could bring back a f few fv v bags of feed for his neighbor if he were paid for it without doing precisely precisely pre pre- the same things In bri brief f the code would tc a a large extent pre prevent prent nt farmers from following the old age-old practice practice practice tice of swapping work and would compel every farmer to ither either do his own hauling or orI hire a commercial trucker ever every time he wanted a crate of eggs or a half-dozen half cans of milt mill tak taken n to town for shipment or i wanted a load of fertilize Drought brought back According to on one authority the code would rais' rais farmers' farmers trucking costs 50 t to 7 per cent at a time when ture is fighting for its very e v e-v istance It is one thing to permit ar industry to clean its own house hous housend nd another to lay down regulations regulations regula which make common tim time honored practices illegal j A |