| Show I ARr AR vAR v- v SUPREME COURTS COURT'S S SI i DECISIONS AID I BUSINESS umme Deta Deb Hi- Hi High g 1 Tribunals Tribunal's b una 1 8 Att Atti 1 tude Aiti 1 tho de dec BC B c tude Is One Optimistic I Factor lie He Georg ral nl f J h WELLESLEY HILLS Mass Mus July fr from C Ogden I 13 3 So So many people will 11 bo beAr beAr- bear l j-h j h while the tho second half of the TM area Of o ulness readjustment Is North being completed that It Is well to tob Lom oil IJ stOP tOp once In A ft while and consider b Ith d 0 come om of oC the optimistic features oC o In hi I he situation There Is much god nestIe ls e out The Axle Thi great improvement In the conditio or m ml f f tho railroads the corrective o at- at at attitude and and Ithe ox on the the part paTt of labor and the the rl late de developments In the foreign sro srol are all till optimistic life at One optimistic feature that we o 0 do nety 1 C not IO hear much about ho hoe however e eer er is Is mo mans c the ne present pre attitude of ot the man n r Tel tl supreme court It Is difficult sire alro I cult for tor the statistician to at thu thu c decisions sa savi Hoger Roger W ion Th Tb and and If 1 h lie did it too often RV av L I contempt of ot court ourt s lurnis might folio follow Nevertheless these It court decisions decision are a great reat factor the lbs fu business and could probably bo to a analysis I 1 of e 1 ha hae especial special reference to 10 three throe re- re rehe re recent bt he the th cent ent decisions of the States be nol supreme court ourt and fi f HELl HELPS PUBLIC bt be gir gh sly The decision In connection Ith ith oJ the South Southwestern estern T Telephone ephone corn corn- com company exper eXper pany was as exceedingly cheering heerin to reI rea n This Thu decision clearly S bos j I ruled that neither nor able t commissions can call make lates that Are In anay an an way ay ay The I eon con conand ourt Indicated that the cost of re- re re and n d i must be he considered as a well as ne original cost and that In- In InD in investors D 11 must be treat treated d ta fairly so s 55 to aKe them lather than 6 dIscourage them This decision has ha 6 ii been blen welcomed b ball bv by all interests es 61 6 11 l r the pu public utility group Kroup It j raisin should hould ma mak mako more safe telephone 63 electric light light and pO lr nn a Al securities and teet railway rall j ties This does docs not mean man that the I supreme court upholds dishonest 8 3 or tork stork watering but hut It does mean that it will elli III protect capital when 1 politicians for selfish moth motives es at- at attempt attempt I 4 tempt to It Further Further- lore this decision will encourage 1 corporations corporation to appeal to the courts cc 2 more and bother with congress and andI an 4 3 I legislatures less Jess during the next few le scars 5 cars than they have hereto hereto- heretofore lore fore 6 3 oat STATE TATE FIXING G 01 W The second decision which In- In business men nas as when ehen hen the i 8 c States supreme court ourt ourt hel held l tor ef the Kanas Industrial co ITt can n fix fl ix or regulate wage ago age only in a n great U i emergency Brien this nas cas as th t hit In the he case ease of ot a I or roth rosi strike where tho public I is JUE J UL with starvation or dIe dIe- aster loster an Industrial court can conic cornIn In and fix wages sages but only In such Instances The special case cae OS os Jud one Involving In the Charles Wolf day rr n J 3 lc ng company The part supreme COUt court t held that It was not necessary for tor or this packing courtl company to do business There JU were other companies from p rob 1 roods goods could be purchased anda and as aa get g a lot list resort people could tempo tempo- temporarily al go without their products for to toL othe L while it if necessary As Ae most of 1 the states of the country were eagerly awaiting la a this decision the 0 ol many political lead leaders rs Ili III naturally v be greatly I There will tili III be fewer at- at attempts attempts tempts during the next few tew eans ears to Interfere with Ith by leg leg-is- I Uon than there would have havo been be If the United States Slates supreme court had upheld the Kansas Kan-as Industrial court PRICK PRICE The The third epoch de- de decision vision of the United States supreme court was as ii to the effect that the federal trade commission cannot interfere re in the lights of private I 1 or in the tho matt matter r of thing fixing B For some time certain reat g-reat national advertisers ers ha hase hae e been 11 in conflict with the federal trade commission concerning prices on nationally lIy advertised ad goods S pome me chain store retailers have been selling certain nationally advertised goods at or below cost in order to get et people Into the store and then 0 ell ielI them something else The na n Ional advertisers have havo claimed that tha thIs Is 13 not only unfair to the man but also to the tho public and have hae Insisted that their price be he upheld by alt all retailers The fed fed- fe oral pral rai trade has hils taken t the he part of ot the chain stores and those who want sant ant to cut prices The 6 court has upheld the na- na national ad advertisers The case In Question was WIlS brought by the lIten- lIten Men len i en company any large of toilet articles Sonic ome may think t that hat this decision is against public Interest but I seriously doubt It It Public Interest demands good bust busl busness flees nus which will ili III keep people em- em cm arid and goods moving never long remain too high high prices always alays either encourage age competition or else ele check price cutting t than by price it If prices rles are ton tOil to high th the corr correct t price cutting however kili the goo goose e that lays Jays the gOlden gold egg ge a BILLS BRAM ILIs Business continues fair con con- eluded Mr Dabson The The Babson- Babson chart stands at one per cent above normal The Intermediate area arell ot which threatened to de- de lop into a period of ot inflation bas as b c b-c o Q checked We Wo have havo now n started In again to complete the of readjustment This t Iii li no not tad Lad n news but really good news newe at the long point of ot VII a man roan starts out expanding I use he e should first pay his up bills t Th The same samp rule applies to a 0 nation This Is Ih the tho conclusion lon Which the United States has at last rc ch For one I am very very glad of ol It It |
