Ke Alakai o Hawaii, Volume IX, Number 27, 15 ʻOkakopa 1936 — "THE AMERICAN WAY OF LIFE IS BEING CHALLENGED" -- LANDON [ARTICLE]

"THE AMERICAN WAY OF LIFE IS BEING CHALLENGED" -- LANDON

<I» RirthpUce Spmh, Msddl«e_v Ta.. Au* 22, 193ō^

tror. euui Steei luslitute aiinonneeiA Sept. H j?ro<iuction advancevi 4.3 points le T3.S per tent of CApiu*itv {froiti Uve precedlng holid&j ? w<?ek. For the week in 1533 prodnetkm stood at 45.3 i>er eeni. f>epArtnieut of Coi-Uiierv:*J r«pcirt«xi failures cojaiii€rciai critexprise.s now 412 r ceut of ti» ra,t< oi Uie period 1525-1529, iaao!veiicies āi Ui[e lowest &uice, SSet>Uiub€X t Is2o, ,&ud li»biliUes, siiic|s im ]

MonUiii- busuiess r«view e-l f Cci. Leoiiard P. Ckvel4nd , eeaaoaiie e\*xrt» issued Sepw li ,staies; "This ts thc Ūie depre&iiou in whieli ,geiieriu bus»ues& hi»s £ £cr Uirec sueeessi\e <i\iarwrrs. iThe course zt uiiproveiuan oi tUe seeond over Uie iirsi aiid Uur\i cuarter ever ti*e secc:;i prevaiie4 iu ail j Uie ūi\ isioiii ei our eeoiUoaiie uie exeept one. The siii-

gle exception is agriculturfc and £here Uie effects of Uie <irought have beea so very severe that many crops will have seriously small y!elds. The political eampaign seems to be havlng no important effect on the course of busiiiesJ> activity." A Census Bureau report issued Sept. 14 stated that American mantffaettirei« ased 574,289 baies •f eotton m Augrust, compared with 4&8,325 in August, 1935. Cotloa in public storage this August amounted to 4,336,724 bales, compared with 5,895,412 bales in Auffust, 1935, Standard Statistics Co. annaunced Sept. 14: "Heavy industries are continuing to make impressive showings. This group is currently operating at the highest rate in more than six years." Same authorlty announced: "Residential tfuilding for the first three weefes of August was eon-tra-seasonally higher than in July and 127 per cent above the same weeks in August last year. " Daily average sales of general merchandise in small tovnt«. md raral areaS for August were 20 p«r cent higher in dollar volujne iha» in August» 1935, and 41 per cent abovc those lpr August, 1934, the Department of Comiueree revealed on Scpt. 14. National Lumber Manufacturers Assn reported Sept 12: "Nw orders exceeded output for the week ending Sept. 5 &nd were appreciably alnne the new business for tho corre,<pondtng weo'K of 1935. having reached per cent of the high production of im," Loadiug of reveuuc freight £or the week endcd Sept. 5 totu!cu 764,680 cars. an increase of 172,739 or 2t>.2 per eent over the correspondlng week last year. aecoroUng to the Association of American Railroads. Subscription to the t T .S. Treas:nry*s offoring of $400.000,000 In 2*4 per eent 20-28-year bonds for Sept 15 amounted to $5.200,000,tOOOj or more ihan 12 Umes the

Buick; Motor Co. announced Sept. 11: "The eompani' is eur;rently expending $14,500,000 in expansion and improvement of factory buildings and instailation of new maehinery." I Rallroad Travel j Henry F. M. McCarthy, gcnerar | passenger agent of the Boston & IMaine and Maine Central railjxoads reported Sept. 12: "SumU - »vel ia Ne,w Englaiid tlns ! year has bcen thq heaviest in the 'past seven yea,rs; the Bosto:: «Sc ' Maine, excludii\g conimuter traffic, showed a 51 per cent increase in paj>se i o ers carriea in June i ana iUi 8i per c,ent increase in wliiie the Maine Centrai , nau a 23 per cent boost in June and 57 pcr cent In Juīy " , Departmeat st<jire sales report'ed by all Federal Reserve dis-! i tricts were 7 per cent m Au£ust j over August, 1935, aud 10 peri cent for the £ir t ti«ht montUs| of 1936 above thc same period last year. Mail order concerns icponed Angust sales as follows:' Interstate Department St<>res (Eastera and Middiewestern}, $1,792,395, increauied 24,2 per eeni ovet j August, 1935, Mom£omery Ward & Co„ $27.42*. 133, an increase of 20.02 per ceut over August, 1935, "largest for tlie period in the company s lustory "; Spiegei. May COv, an increase j of 4.2 per cent over Aug«st, i 1935; Sears, Roebuck & Co, j "saies through August and end,v j September conUnue<i t<> rau at j the be»i.t ievel in Uie conipani sj Resi Estate Assocfation of the State of New York reported Sept . 13 Uutf reaJty sales in New York State during the flrsrt ei£ht m«nths of exceeded t> t yso for the same pericK! Tast by ?• per oent. American Iron & Institute repcrkxi Sept. 11 tliat agpregate net earnings of 104 eompanlcs in the iron ar.d indiistry for the fiWt hn!f of i$S6 wre 555.24P.00C. eompaw* $25.873.000 in the first b.*U of last yoar. ! Tlw Riūlvīay iu'

its current iss>ue ivporu ISO per cei« mcrease m ne* operawng meomo oi Ameneau rAUroAds durlng July. 1956, ;\nd \he recovci'v, bot%CtHi 1953 i»nd 1936 t<> J\uy 31, ai $014,000,000 in gross I «auuu&ā oi Uw $1,5T5,00a.,000 | "Uui iaeiUHi AWAi froiu l?S? to j1833." j Xune m«guc,aio $urvoy , eoiuuiupuon of t\oCtriC pwtr |(īuruig Augu«t lncrea&>d 1S per ' cc;u ovt; .Va£Uit,