Show PREDICTS TWO YEARS OR MORE OF PROSPERITY I I There arc rumors of n a government Issue of bonds to cover coer the treasury i deficit which Is growing with each mouths months business Ih Is weakness In InI I the United Stales treasury Is not nol looked upon as a source o of danger to generally as the country Is In Ina ina a prosperous condition But Henry Cleys in hIs weekly week letter leller calls at cation to Lo other factors which should prompt business men to be cautious I He sa says s phenomenal activity is still I the rule In iii the thc Steel trade trado both bolh or I IdeIs tiers deIs anti and production surpassing all precious records The activity In Steel however Is not proportionately shared b by other industries and the great textile trades are distinctly ham hampered b by the tho high prices for Cor cotton colton and wool Speculation In cotton colton Is bey be beIng lag Ing carried to excess the tho rise In the staple being out or of all proportion to the Injury to the crop In copper also there Iii is excessive manipulation the danger of which Is emphasized hy by the met that he price Is being advanced In donates of all economic laws and aull andin in the face Cuce of continued Increases In I supplies In amity respects the thc general out outlook I look 1001 is Yer very satisfactory anti and owing I to the unequalled prosperity of the ag ab classes the promises are arc for Cor at least another year or two of good business On the other hand It must not be forgotten that the country Is working upon an abnormally high price level that interest rates are arc per permanently higher that the speculative mania Is difficult to Lo control and that our prosperity Is very unevenly ls and decidedly lopsided Some I process or of equalization Is duo due and just I how lIow this will come can cannot ot he be predict predicted ed cd The steel trade cannot keep up Its present activity Indefinitely north or can the tho cotton collon industry go on with without out sonic Home roller relief to its present ties lies Time alone will solve these I but they ther arc sufficiently complex to warrant a spIrIt of can cau caution tion In all commercial and financial transactions affecting the future One effect of present high prices Is tile the growing or adulteration I I of one material by b another or of Interior inferior grade or less les cost Short weights and short measures too are often orten resort resorted ed to In order to CUI out ont a profit which high COts coats prevent Our con contor tor of gravity has haf boon oon raised too high and lasting stability ran cannot not ho bo expected until equalization has rester ed cd the equilibrium and genor ally all come down to a less speculative I level 1001 |