New Britain Herald Newspaper, April 6, 1923, Page 3

M T00 MUCH OPTIMISM, WORST DANGER IN U. S.; CANADA IS FOUND SOUND Roger Babson Thinks That America Should Be Better Neighbor to Dominion as Their Resources Ultimate- ly Will Be Needed. Wellesley Hills, Mass, April 6.— Roger W.. Babson has today returned from his annual inspection trip, re- reports of which have appeared in this paper from week to week. In reviewing (the: trip in general, Mr, Babson st#téd that if anything, busi- ness is beco";:ln: too rapidly active in the United\ States. * Too O o, “Everywhere " people , are talking 'progperity,’ bullding is booming; 'prices are again'advancing and wages ‘are rising,” ‘says the stgtisticlan. “A “little of tivs is a good thing; but too much of it all at onceis ‘dangerous. When a’patient recovers too rapidly, a_relapse may occur. The business mén of the United States need to re- member the warning of that old cap- italist and philosopher—King Solo- mon--who ‘ cautioned the ' business men of Jerusalem that ‘pride goeth before destruction ‘and a haughty #pirit before a” fall' Personally,, I much prefer the more gradual and deliberate manner by which Canada {s passing through her readjustment. . ‘We have' much to_learn from our of Hickey-Freeman Clothes is the way critical men recom- mend them to their friends. FITCH-JONES CO. CITY HALL northern neighbor, Today conditions are better in the states; but unless we take care, business will be better In Canada in 1924 than it will be here, Two Weeks In Canada, “I spent some two weeks of my| trip “studying Canadian conditions,” continued Mr. Babson, "and was very much pleased with what I found. Varlous factors suggest that the Do- minion stands in about the same po- sition in the economiec cycle occu- pled by the United States six or elght months ago. If this is so we must Jook for Canadian business to Jmprove rapidly Quring 1923, The farming situation is better and more favorable conditions prevall in trapping’ and trading centers of the porth woods owing to the state of the fur market and the plenitude ot furred animals. British Columbla 1s in a more prosperous position than the prairies. Its farmers did falrly well last year and the fruit-growing sections had very profitable yields, Lumber demand {s expected to de- velop to quite sizeable proportions. Even in the mining towns I look for a fair improvement, In British Co- do not get it at the same time, lumbja business during the months should be good. Not Yet at Capacity. “Canadian sales efforts during the next few months should be concen- trated on the eastern provinces. The industrial communitiss of Ontario and Quebeg look relatively the best and even in the agricultural sections, con- ditions are more favorable than on spring NEW BRITAIN DAILY HIRALD, FRIDAY, APRIL 6, 1928, the prairies. Mixed farming helped to lighten the load of the eastern tarmer, Industrial activity in Cwnila is estimated to be in the vieinity of 70 per cent of capacity, Unemploy- ment and short time is still prevalent in some lines. Gold mining s an| | outstanding exception, This line is fairly busy and is resulting in con- gderable prosperity in such centers as Porcupine and Kirkland Lake, On- tario, “Industries manufacturing goods for human consumption or covering are perhaps most active and have the most encouraging outlook. The best customers will be found in the cities. I have in mind all of the manufacturing centers of southern Ontario and Quebec, but esPecially those producing pulp, boots and shoes, textlles, clothing and food products. In the Maritime provinces, a firm foundation is being bullt up for business improvement. Basic in- dustries are now dull, but I believe that warmer weather will bring de- cidedly better markets for lumber, |fish and other local products, By summer, New Brunswick and Nova Scotla shbuld look nearly as attrac- tive to wsales representatives as southern Ontario and Quebec. Better Outlook for Farmers. “A more hopeful feeling is devel- oping, however, in the prairle and other agricultural regions. Better | prices for farm products are helping | the Canadian as well as the farmers |in the states, As the Canadian farm- | er was slower in feeling, the good effect of this increase in prices of | farm products, so, he will enjoy it longer. It seems to be a fundamental principle of economics that the Do- minion lags about a year behind the states both as to action and reaction, —declipe and recovery. Hence, I say that while today conditions are bet- Rex Ingram Presents the Phot A Story of Three Kinds of Love ter in the St hey may bhe better in Canada next year. Business con. ditions are much like a storm--they travel across the country in waves Each section gets the storm; but all dao not get it at the game time, Must Be Better Neighbors, “Wa should be better neighbors to Canada. Some day we must turn to her for natural resources. When our timber is gone; when our water pow- | er is all developed; when the price | of land here makes the raising of cattle prohibitive, we must turn to| Canada. Besides, the boundary line between the two countries was never made by God—it was made by man. Hence, let us not erect unnecessary | tariff walls or other barriers. Jet us remember that in the long run-—| the prosperity of both countries i{s bound up together. For either to| prosper both must prosper. We mnl\i need the other. Let us be Chris | tlans In legislation as weil as in name. *The Babsonchart continued ta| register the slight inflation to which 1 have already referred. Today it still stands at 6 per cent above nor- mal. With the readjustment only 60 per cent completed, this 18 not a healthy sign. It is dangerous to, raise prices or wages at the present| time. Let us have prosperity; but| let us not have inflation. Things that have recently occurred in the stock- market, the spirit of the boot-leg- gers, and the general desire of almos everyone to get something for noth- ing are not healthy signs here {n the states. We need more character and less speculation at the moment, It of course, is true that men make| values,' concluded Mr, Babson, “but| let us not forget that souls make| men."” WORDS OF CAPTAIN SHITH RULE MILLION REFUGEES Standard of No Work No Eats Is Set Up Today in Greece By AfR. C. Athens, April 6-~When Captain John Smith, some 400 years ago, laid down the rule that the gentlemen settlers of America couldn't eat un- less they worked, he set a pace which peoples of a much older civilization are following today in Greece as a result of the American Red Cross op- erations among the million or more refugees, whose flight nearly over- whelmed the country. An application of the famous Smith rule is described in a report from the Salonika district to Col. E. P. Bick- nell, director of foreign operations of the American Red Cross in Greece. In Salonika and environs there are 130,000 refugees, of whom 100,000 are being fed by American charity, The refugees in most cases are housed in huge barracks, and when the Amer- ican Red Cross came in, sanitation was as badly needed as food or cloth- ing. Each camp or refugee area was put)| under a director, and failure to fulfill his regulations, the refugees were told, would bring a sudden end to thelr food supplies. Each group of 100 people were called on to supply one man each day for the sanitation force. They rebelled at first, but when the |measures were carefully explained, the refugees saw that the forced detall was for their own good, and resent- ment ceased at once. The sanitary measures are but a |part of the emergency relief program of the American Red Cross for which $2,600,000 has been spent in the pur- chase of food, and for medical and hospital supplies. SEE AMERICA A GARDEN “Plan to Plant Another Tree" Slo- | | gan Adopted by Tree Lovers' Asso- ciation. Aurora, Ill, March 6.—"Plan to Plant Another Tree” has been incor- porated as the slogan to the Tree Lov- ers’ Association of America, whose headquarters are here. Dr. U. P. Hedrick, vice-director of| the New York State Agricultural Ex- periment Station, Geneva, N. Y., {s | president of the society, which is or- ganfed for the purpose of encourag- ing increased and more intelligent planting of trees, frult trees, shrubs, flowers, vines and seeds, and to teach | care after planting. | The society’s work with all organ- iizod efforts on the above platform “to | make each community a better place {in which to live,” and “to make America the garden of the world." { Activities are now being centered on the spring tree planting weeks which the society i{s promoting dur- | ing the early spring months all over | the country. VIENNA TO AID UNEMPLOYED, | Vienna, April 6.—~The city govern- |ment has voted the sum of 120,000,: 1000 crowns—approximately $2,000,- 000—for rellef work among the un-. employed. It is planned to spend half the amount to erect houses for |more than 800 families, and the re- |mainder will be used to extend the |city's tramway system, build a pub- lic bath, and for other social bet- terments. BULGARIA COINING MONEY | Vienna, April 6.-The Austrian Mint has received an order from the Bulgarian government for the coining on its behalf of 40 million one leva and 20 million 2 leva pieces. The execution of this order will keep the mint fuly employed for the space of nine months. oplay Masterpiece RIFLING WOMEN Dutlet Williway Go, 257 Main Street — Booth Block = AFTER EASTER SALE OF TRIMMED HATS These hats were not purchased for sale purposes but are all from our regular stock of high grade trimmed hats. All styles and colors are included in this sale extraordinary —Never before so early in spring were such | values offered. TRIMMED HATS Values to $12.50 TRIMMED HATS Values to $8.95 Gotham Gold Stripe, Full Fash- ioned Silk $2.00 Stockings Northampton Heavy Ingrain Polly Full Fashioned Silk Stock- Silk Stockings $2.50 ingsi.nhlacklnd$l.65 all colors ... cordovan ...... Our Assortment of Sheer Silk Stockings Ranges from $1.49 Up Van Raalte and Kayser Fancy Glove Silk Stockings in the dnsgns ... B2.TD designs .... e Fastern Millinery ROUSING AFTER EASTER MARK - DOWN TOMORROW HIGH GRADE TRIMMETD HATS Eastern Millinery Co. 133 MAIN STREET SPECIAL VALUES ARE OFFERED FOR SATURDAY Every Hat is reduced way below regular price, In- cluded are the newest styles that have arrived this) § week. . 1 You all know the character of Millinery that is found at the Eastern, it is always just a bit snappier and more up-to-the-minute, than you will find any-|, where else. Hats of the Better Kind At Popular Prices Come Here Tomorrow for Your New Hat | | Specially Priced For Saturday $3.98 $4.70 $0.98 Reg. value Reg. value Reg. value $5.98 $7.50 $8.50 Pokes, Turn-Ups, Tricorns, Off-the-Face velty Styles. Large Asortment of Sport Hats Children’s Hats Special Tomorrow: $2.98 *1$3.98 All Colors. A $2 Photoplay At Palace Prices All Star Cast—Big Vaudeville Bill