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The Iron Age 1922-05-04: Vol 109 Iss 18

1922 Reed Business Information US

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THE IRON AGE New York, May 4, 1922 ESTABLISHED 1855 VOL. 109, No. 18 Taking Advantage of the Business Situation Readjustment in Metalwork Industries Should Follow the Trend of Events— Sales Outlets- BY STERLING [ is generally admitted that the most acute period of the business depression throughout the United States has passed. As after other depressions of which we have record, improvement will surely come, slowly at first, then with increasing speed. Little can be done consciously by any one to affect general conditions; but it is possible by taking thought to move in the direction of the current of affairs in- stead of trying to fight a way against it. general general business. Certain principles control all After a depression, prices are relatively 18 low, and rise slowly. Profits must therefore be less, and may disappear entirely unless costs reduced. Wages fall re slowly than prices, but the desire of the workman to hold his job causes him to do a better day’s work, so that the margin above labor cost months. turers were can be of five articles, are as follows: may be in- creased. The indication is clear- that now is the time to help 2. Putting ment to Use. R. BUNNELL underto…

Citation

The Iron Age 1922-05-04: Vol 109 Iss 18. Reed Business Information US. 1922.