Richmond Palladium (Daily), Volume 46, Number 50, 7 January 1921 — Page 16

terday. He has been named Jonn. w. u. lAJivrut, uireciors. . j 4, 41 PAGE SIXTEEN HE RICHMOND PALLADIUAMD. SUN-TLKUKAM. RICHMOND. IND FRIDAY, JAN. 7. 1921. .

lorro acsoejauons 01 tne road.

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Prices Went Up

at- a 1 ime

Step

they can't come down the bannister

Did prices go up in a day? They did not. They can't come down in a day. Prices went up gradually from 1914 to 1919. Prices went up a step at a time. They can't come down by the banister. THEY MUST COME DOWN THE SAME WAY THEY WENT UP!

HE reason we were able to finance the war so well was because business was good people bought and sold. The only way we can PAY for the war is by buying and selling trading. And, moreover, prices ARE down for many commodities they are already down to lower level than they should be things are selling for less than they cost to make. That is an impossible situation. If you won't buy the things the other fellow makes. HE can't buv th thmm YOT I maU TV,r

is reasonable, is it not? And if he doesn t buy the things you make the shutters will soon be up on YOUR place of business. Those who are insistently determined to wait until things "crash" before they buy are not doing humanity a service, for nobody can sell things kng at a loss. The prices of overcoats, shoes, furniture, tires and so forth, are based on the cost of raw materials, labor, freight, etc., and profit to those who make, handle and sell them. Your livelihood and prosperity are bound up in the livelihood and prosperity of other men you can't deny that point. There is nothing fundamentally wrong with the country we have bountiful crops, ample money, capable heads and hands. Business is a gigantic organization kept alive and active by trade coursing through its veins. When trade stops circulating business dies. Your particular trade can't flourish in splendid isolation. The articles vou make vou can't sell to men "out of a inb"

True thrift is always wise, but a stubborn refusal on the part of some of the American public to buy the things they need NOW is simply slowing down the wheels of commerce that feed and clothe and house us AIL. If you are on a buying strike "forget it". Go out and buy today the things you need, for the prices ARE down. If they are down further tomorrow or the next day or next month, you may not then be in a position to buy. Stubbornness means ultimate disaster, and no one of us will escape the penalties.

The Richmond Palladium

Copyrighted by The Town Criers, Indianapolis.

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