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Show oo ' HOPEFULNESS IS IN ji ; THE AIR. E Expressing confidence in the financial finan-cial and commercial outlook, Henry Clews explains why there should be i F no alarm-as to after-thc-war policies. He says: "Commodity prices arc fabulously high despite government regulation, which has accomplished little beyond, imposing a somewhat mild restraint i L upon profiteering. Values arc now I 12 upon such a dizzy level that consump-I consump-I lion is being restrained by impaired buying power much more than by any ' federal interposition. Indications are I , that the apex has about been reached, I' and that reaction which peace may J T" stimulate should soon be evident. War ' waste will soon stop, and gradually the many millions now employed in do- traction will turn brains and energy to production, so that before very long I If SI.U V-ll cjivjuiu uut-umu iloo nnu ivoo pronounced. A sudden fall in prices would certainly prove a misfortuno and is not probable In viow of tho worldwide scarcity of materials and j labor. On the other hand a gradual 1 fall would stimulate consumption, ox- pand buying power and prove the bas il. . Is for a new and wider prosperity, i With the coming of peace there will j E be other encouraging changes. New j and broader ideas will take possession I of men. Transportation will be per il manently revolutionized, and will not I go back to former methods, whether wc have government ownership or not. Banking methods arc changing rapidly; rapid-ly; and in business affairs generally co-operation Is taking the place of com-h com-h blnation and suicidal competition. A I now spirit is in the air; a spirit of I hopefulness wheh prevails despite the I social, economic and political problems U confronting the world." |