Daily Tribune, Terre Haute, Vigo County, 28 June 1919 — Page 3

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kTURDA n. JiS, 1919-

,.C! BUSINESS TO HJRT IN PEACE DAYS

l^Aetl Merchants Outline Conditions 'Which They Believe Will Come" I *With Treaty. 'vf»

*»7 ,, It is the opinion of business men generally that immediately following Signing of the peace treaty, busi- *, iJie* locally as well as everywhere will *fl .take* fresh spurt and prices of merit •. "chandiso will go skyrocketing in a v »-vSjjWajr which will amaze people. They jb^lieve that stored in New York, all ..[ready for shipment, are tons and tons and thousands of tons of goods all

ready for shipment to countries which .have the money to pay for them. That this has been in operation for more ft 'than one year when price® began to

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up and merchandise began to get scarce and more scarce is also the be.w

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of men who keep closo tab on things. To quote a few of those have offered opinion the followhave expressed themselves In this

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i Jtrllui TjfeAeref, Senior Meiriber of th® Firm of L»ederer-Peibelman—Mer-1 chandise will go higher than ever beon the signing of peace. Higher s than ever in the history of America igand people are going to be dazed by 'i «j Prices. I had foresight of this condi.1 tion and have been preparing myself as has every other wide awake mery chant against such a time. That this fSj condition, of prices will exist lor more

-?j than two years is also my opinion and acting on this belief, I bought accordingly. The man who overlooked this is bound to be squeezed out, he is bound to be the loser. There Is no I shortage of money in the European countries, some one made the money iijj out of the wf»" over there and the countries which can pay for merohandise, Sweden, Poland, Germany,

France, in fact any country, will get the goods as soon as peace is signed v "4 and the demand comes. There is no mistake about it, goods, millions and i millions of tons of goods, especially

cotton goods, have been stored down in New York awaiting this European call ivhen they will be shipped and .'••• America will experience a greater shortage in merchandise than ever in *»her history, both materials and fin i^hed product will be shipped and "d#ple here will pay, terrifla prices, 'arfnrhey have been steadily going up since February, anyway, and merit chants became foresighted and bought all they could get. Many big firms have withdrawn their lines and be 0 fore many moons ttiere will be ten people for one commodity. Labor will $$ be able to demand high' prices, sucl^ as never .before in my opinion* yet people are going to pay prices unheard ilot before. i *|. Hometf Anderson, Manager Root »*«Dry Goods Co.—The signing of peace i« e&ing to open up the foreign marn kets in such a way as to create a great shortage of merchandise In America.

V In fact this shortage has been exf* periencetf for months, but never in -4F «»ch a degree as will exist wiien peace

Is signed and negotiations can go on with foreign countries. The law of v, supply and demand will of course reg-

Ulate the price and the people will feel St here until things .in £he way of i wages get adjusted.

Harry Jame, Manage? Of Goldberg ij Store—The opening of the European 2j yaartrnta to American manufacturers 3§ Is going to increase the demand for merchandise never before known on •tvthese shores. This will in turn call ^^fcto op Nation every ounce ef labor xiower that America has. Of ^bt ,seV». will be for the betterment "f of America, it will bring no reduction in prices it is true, but the demand for labor will increase the hire and It will mean prosperity undoubtedly. All the vessels which the United States is now Vising as transports will be used along with those now interned for shipping purposes to foreign countries and when these ships are released it will mean a decided chang® for the better in business conditions,

Harry Cohen, Vice President of A. fterz Store—All prospects are for the biggest business the world has ever known. While conditions are for the better even now, they will be even better when peace is signed and the world feels that things are growing inore normal as to activity. Business in Terre Haute is excellent at present and gives jpromis# of being «ven greater.'! n

OBSERVE DOUGLAS DAY.

Colored Citizens Will Punch Cards to Help Douglas Horn*. .Sunday, June 29th, will be Douglas flay for the colored citizens of Terre Haute. On that day every colored citi*en is asked to give five cents for the glas home fund. The colored women roughout the country are making an effort to lift the mortgage from the Frederick Douglas home and so preserve it as one of the great monuments to the negro race. Misses Frances Bethea and KvangeTlne Harris have been appointed chairmen of this district and they have arranged for their assistants to be in the various public places on that day. Every one assisting in this movement will carry a card which will be punched for every nickel taken in.

WEW HEM INCORPORATED#

Incorporation papers were filed with County Recorder John T. Grace, Friday afternoon by Ferrel & Company, dealers in merchandise at West Terre &aute. Capital stock of the company was listed at $40,000, being divided into 400 shares worth $100 each. The purpose of the new concern will be to buy and sell merchandise, carry on mercantile operations .and manufacture articles of merchandise. The articles were signed by W. Scott Ferrel, John Hewett and Timothy C. ©'Connor. The new concern will take over the present Ferrel company located in West Terre Haute. 3^-

THE BEST REAL ESTATE V- BARGAINS are always advertised in the Tribune JReal Estate Columns. Twelve words days for 30 ce&u.

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TERM HAUTE TRxBu^Ji.

Watch For The Checker Board Plane Monday

Will Arrive in

12:30 O'CLOCK

With a Shipment of

Tomorrow's papers will contain full details of this epoch-making event

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For The Checker Board Pfane Monday

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