Jasper County Democrat, Volume 23, Number 16, Rensselaer, Jasper County, 22 May 1920 — THINKS HARD TIMES FAR OFF [ARTICLE]

THINKS HARD TIMES FAR OFF

Chicago Banker Says Panics and Bread Lines Not Imminent. Chicago, May 21.—Panics, business depressions, bread lihes are not Imminent. In fact, according to George M. Reynolds, president of the Continental and Commercial National bank, who returned from the Washington conference of bankers, on the present industrial, money and business ‘situation, there will be nothing of that kind at all if the people of the country—meaning everybody,.not just here and there a merchant or a manufacturergets together in old war-time co-opera-tion and reduces the pressure upon money and business by liquidating stocks, stopping extravagance and ceasing borrowing money for unnecessary operations.