Show economic X I 1 elk M ic highlights industrial news review happenings that affect the dinner pails dividend checks and tax bills of every individual national and international problems inseparable separ atole from local welfare with the coming of fall the enters its most critical phase it go got t off to a fine start with public sentiment massed behind it that sentiment is still there but the novelty is b ginning beginning to wear out the first thrill of excitement is dying down and people are wanting to be shown millions of workers are confronted by the unpleasant spectacle of rising prices unaccompanied by increases in their earning capacity business generally believes in the and wants to support it but many do not know where to get the money president i roosevelt points out to the people that success or failure of the recovery program now rests to the greatest extent in their hands in line with this the most important recent step was the customer mobilization the pledge which found millions of signers involves boycott of non businesses and patronage for those which display the blue eagle there is no legal means of enforcing a pledge an n a signer who breaks it that part of the campaign really is voluntary and as general johnson declared depends entirely on the publics conscience what wha will happen to ford for his failure to sign the code is being asked on every street comer his wage and work standards are entirely in line with the code he simply objects to signing how much that will eos cost thim him in lost business Is an in j te resting and important speculation if general johnson has his way ford caesare cars car sAre are going to be a drug on the market from now until he signs temporarily pora rily the ford imbroglio has been sidetracked by controversy wi with alth the stubborn soft coal boal industry As for the early influence of the on general business it has done wonders according to A a recent review by bk D dun un and bradstreet reports from all parts of the country show enlarged spending ae n tn g power stimulated employment and d the disappearance of the feeling of suspense and apprehension which gripped the country for three years volume of business in comparison to a year ago has substantially increase j ed and the forward movement is uninterrupted new employment is put at abut about three million what is a sound loan and what is a query that is perplexing the bankers now in a tough bough spot the government through its recovery machinery wants the banks to ease up on loans put more money to work another branch of government which does bank supervising can swoop down and make it very tery unpleasant for banks which arent as liquid as they should be under the stringent banking laws to protect depositors the banker is trying to steer a middle course and dodge the pitfalls that lurk on oil either cither side the suggestion of the head of the R F P C that banks should sell preferred stocks and use the funds to extend credit met a respectful by coolish response in most communities muni ties you still have hav e to put up about in al A l 1 assets to get a dollar loan and it look as if that policy will be relaxed to a great degree in the near future financiers are keeping their eyes on the inflation clouds now wondering how soon they will gather heavy pressure is being brought to bear on mr air roosevelt rodsevelt to rush inflation it is known that he has been studying ways and inears senator fletcher recently suggested that the reserve bank bo ba ordered to buy at least worth of government bonds a week and the treasury should issue a like amount of now new currency inflation would create many new problems while relieving existing ones such as lack of credit for building business expansion etc gold producers smiled grew jubilant when the treasury on presidential instruction began to pay the world price for gold the other day instead of a fixed price of 2067 per ounce 1 they will receive whatever the y market says and gold will rise and fall in value like other commodities price now is around the silver men slow to ask that something be done to help them senator pittman long the most persistent advocate of a better batter break for silver suggested that producers be allowed to io take their silver to the mint and receive coins made from it this would bring the price of silver to per oun ounce cemore more than three times the present market price strong intimations that the administration Is is ready to fix oil prices immediately unless the industry can keep its house in order have been made major oil companies are divided over the proposal in washington that the government step into the retail gasoline and oil market and fix retail prices where controversies develop I 1 fire doors have been installed in the national capitol at washington we presume they will be used for the exit of any republican who can still I 1 be found holding a job blessed are the meek for they ibey shall inherit the earth and the only way they will ever get it henry C oliver of spokane wash charged in a divorce complaint that hla his wife took all the wedding presents when she left him and then returned and drove away with all the fhe hay oneff one of the best quips of the season comes from louls louis reid writing in the new york american concerning the radio broadcasts of administration key men referring to louis M howe one of the presidents secretaries who recently radioed that roosevelt hates a yes man reid remarked if that is true roosevelt today is doing more hating than any man alive most men confide their business troubles to their wives especially when the latter want to buy something the poet tells us that there is a destiny which shapes our ends but the average woman depends a little on corsets and girdles |