Show IMPROVEMENT WILL CONTINUE THINKS BABSON Consumers of Most Goods GoodsIn GoodsIn In Position To Buy Reasonable Amounts I II I JanI I HILIS HILLS Mass Maes Jan 13 Roger Borer W V Da Babson Dabson on today Issued the following statement In ho further discusses the points that aroused B Interest In his Out Out- Outlook Outlook Out Outlook look for tor 1923 1 23 1 which In io these tho columns on January nuary 1 er 1923 bring brines forth It Is starting out exceedingly ly wH well As u- u t x lat last eIo statistically busi busl- busl- busl business ne ness IS IC now flow In a 11 better po lo-lIlon than It hM has ha been since October 1920 Tak- Tak TakIng Ins Tak-Ins ins Ing all sections of oC o the 1 and andall andall andall all lines of oC buln business ls the tLe b Is is practicallY normal today ThIs compares with Ith minus 21 per cent a 0 ear ago aco and minus 13 p per pcr cent O ears cars ago says sas Mr Babson S I flO CEll Of Of course the ut has haa been so rapid during tho past few weeks that it probably ly hold up during the entire vear ear ot of 1223 1 23 How lIow- However e ever eer er most lines of 3 are arc ar doing doln ell viell today and we w sh should uld make the best of ot this opportunity rhone rhose 1 sho ho hoare are not In lines which aro are should get busy and find cut why cut 1 s h Cel- Cel Cei the th ultimate consumer of most goods are ar today In position to lo 0 bu buy In reasonable quantities L el bu busIne businessman lne man should be doing business with th them and sharing their prosperity thI I The farmers are lire tiling felIng better continued the statistician than they have for tor some som years ears The salue alue In money of ot the crops just jut harvested Is 0 ocr er 30 per cent create create- th than n the th sal sal- val val-ue al- al alue ue tie of the th Ire lous lous crop The Tho bank bank- bankInS banking bank Ine InS ing situation In the farM farming famine InS sections Is liquidating Are tro running only OO a week eak compared to BOO or a sear ear ago aco My 10 front from the mall order houses show that Decem Decem- December December ber her has again been a n record 1 month and that most farmers families hd hda hada n a sumptuous Christmas rills applies not only on onto to the train grain sections of ot the west but most cotton Sll of ot the south Conditions In Teas T are better than they have hae ha e been boen or some time Since the textile 1 workers nave nese return return- returned returned ed the e es cotton t n nr mills agre ar an very sery e hubs I Cotton tt s should r remain n firm until we e know something about net nest bears s crop TS PL PL TS DO WILI The Tue Th Iron and steel Industry is In tn a better condition than It has hI been for three sears vears cars Pittsburg h bad td a ft pros pros- prosperous prosperous prosperous Christmas Most lost plants are aro arv of capacity working 80 to per cent and tho the demand for time o ot ear for their products is t good Ordinarily many steel plants close down this sea sor or but Lut thel e Ii 1 I little chance of ot it at pr s nt Most lost rail I oads are bu buying 1111 locon es car cam rails and other n atonal Build Build- BuildIng Build ine Ing which Is u usually oun It iMa t Is time of car eam continues to be aull acilu- acilu ind the demand toi COI lumber and hard hard- hardware hardware ware Is greater thin n 1 r e at this season enson The deman for copper is and I would rot be sur- sur surI surprised sur surprised I to see eo higher prices during the t next t few months 1 1 he coal cal Industry continues to boom and I C to 0 long lone as the present cold weather cather there should be no lei In up In lh tu tin producing end of ot the Industry sections ot of the country ho hoe Br e er r 1 which ba hase bae e been suffering for lack ct ef oal should soon get plenty Coa prices should be lower In 1923 1 23 than m in 1922 I l PORT IMPORT rn Dr rn DI DE GOOD coon Foreign trade trad is holding up be better Iter than most people d Various reasons exist tor for this but tl tio principal one Is the th rene renewed cd Interest PI harding is taint in foreign affairs The Th statements I list t week by Senator Borah should ta to beneficial to the foreign tJ ade situation Export bu business is dependent u or confidence Nothing will 1 help so much to our foreign trade as a a t f f ling that Eu- Eu Europe ropo Eu-ropo rope is to be b kept bankruptcy I I My financial friends h h- h he e e been very pessimistic O CT 0 er the European an situa- situa situation tion during the past few months Re- Re Reports 1 ports which I base haio this thin week in regard retard to Europe seem blighter and more hopeful ARE AKE n WIIt There Thero Is even a bright side to the labor situation s as us we begin Iu the tho new Year Although most employers be- be belIe lIe liese ve e that labor Is too hIlt high and man inan feel that it Is Js Inefficient I Ier the tact fact remains that i are ar few lew fewer er There hM has ha not been A e January for many cars with so o few Ce Ap- Ap Apparently Apparently Ap Apparently both capital and labor got II a I good scare tear during the I c trikO for tor they both lot loot A As a result both sides side s ha base haie e since Ince co counted I ten before pulling off a a sl or lock loc lockout lockout I out There Is ts much tall about bout chang I chang chang- changing II Ing the th immigration laws to relle e e th the situation It however will wall take tak more than changIng the th of ot trants 1 I Ithan grants grante Use lne in fundamental with the th skilled labor st sLi ulon Is Is that thai the war killed IL b great mass of ot workers We com corn complain complain plain that men ire are anxious to bo be clerks Instead of ot but the tho therel reel redl truth is that the th pi 11 vical v condi condi- conditions conditions conditions of ot 1 wago ago workers I-AS I through the war and other cau causes cs eo so deteriorated deteriorated deteriorated them that only a mall proportion tion of ot the th men hav have tod tho the phy- phy phy endurance to do th thi haid manual work WAY TO 10 GOOD it U therefore ill III be seen that we weare are aro the th year under sery ery hap hap- happy happy happy py circumstances The rhe D this week minus 3 2 per cent Our job ob during 1923 wll 1 not be bo to open tho the throttle wider but to hold the pro prosperity which we e w have hav today This Is the th task taale before betor bet ore Us UI u To this end we must work This moans mcana con con- concluded con concluded Sir Mr Babson that that we wo must sub sub- sub substitute service for tor greed thrift for tor In- In Indolence In Indolence dolence efficiency for tor and an honest desire de lre to give 11 a dollar of tco er Ico and material tor for e every esery ery dollar that we e get let If It we l do U r t our pres pres- present pres- pres present ent eat good tood conditions co cou d continue through 1923 but It if w we a n ain aln get ret care care- careless cart leu Ie less business will win again quickly rail fan off because these better belter conditions cannot continue without a strong trong and broad foundation on which h to build and grow trow 00 I |