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Newspaper
Leavenworth Echo
Location
Leavenworth, Washington, United States of America
Date
Feb 04, 1921
Page
6
The passage urges balanced responsibility among all players including speculators middlemen producers and bankers, stressing shared accountability within the market. It frames the situation as a collective challenge requiring cooperation and prudent action from every sector involved.
A discourse on postwar price reductions argues that lower manufactured goods prices must accompany wages cuts to revive production. It notes grain can buy nearly as much as before despite halved prices and predicts a broader revival with conservative management, lower taxes, and hard work. It cites Baruch and Barton praising stabilization and notes railroads, lumber, and foreign investments as key future drivers.
A mid century financial outlook cites a turning point in the money market with the country on a path from inflation to stability. The piece notes ongoing pain before solid ground, expecting spring to bring a reasonable level and rational progress.
J C Biles and N Coleman purchased the Omak saw mill and box factory with timber and lands from the former owners. They plan to assume charge immediately and restart operations. The Biles will remain in Leavenworth, staying in residence to the delight of friends.
An official Austrian dispatch relayed through the European Relief Council warns of Vienna’s possible collapse as hungry mobs grow in number. Col. Causey notes a crisis driven by payroll shortfalls and reliance on state and foreign relief, urging continued aid to prevent child hunger and further turmoil.
The Old National Bank of Spokane forecasts February trends with a sharper postholiday downturn in activity though volumes remain heavy and prices high. Across the economy exports, money, and production show mixed declines and December losses, while canal traffic and production metrics vary.
Word came this week that Victor H. Johnson who died in the war is being returned from France for interment in Arlington National Cemetery. Parents chose the national burial place though initial reports suggested a local funeral. Arrival timing remains unknown.
Inclement weather kept crowds away from the Scenic theatre last Saturday but the wrestling main event lasted three falls. In preliminaries Vito Barhano beat Clio Hickox, while G J Hobart defeated John Wunder. Jack Billings beat Walter Prim two falls as Prim hints at a rematch. Jillian Ringsdorf and supporting acts join Scenic on Feb 9 under Midland Lyceum Co.'s banner for a standout concert.
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