PAGE F'OUR . T+-E MICHIGAN DAILY SUNDAY, MARCH 2 1923
Business Is Good
Thle average roan can ,as no occas-i LILLIANREID Yes, bankers are "afraid of a boom"
ofor obsayat tin- approach vianthyrerigtokpte.Ct-
prospeity, ad is laughingly incredu- adte r. rigt1ee h on
1000 wheniitold( that 1)0ters or' not de- all over t he city A year ago no one their call sooty, they will be more fry on a properosabasi by prevea-
si rable, jnst no he shrugs his shroo- 1aareil to invest in buildiltg Nowe, careful and ndse credit expanso ing them. The rediscount re is a
ecers at the Mota of Lo statsi money. everyone hopes to make motney. If e small thing, ht it indicates the whole
The recet tmoveof h ewYr .hr re eouhmen admtra silhepreveted'. trnd of tbusiness.
Federal Reserve blns illit aing th er lthis hbuiding boom till issren e-dior
crl scosot rate- fomn 4 t0 4 1-2 pr ctI lg the summner. This is truo alt oser
r., hr more sgilficant than this aver- the country, as is showni by tiooess
1g1"coomc 0'n relizes. proposal to -utf downs governmecnt c~o non~uc~
Th e bank does not raise its rates to!I 'troiction in tavor of privte eter- xrouncIIoueT s
isratla More :roue y oubt to Icontiol the lprise,Y uw lEno o rL nc e
l,115il55o 5 tuitti s If ths country. dr In alt'-cctions, 'the iO55Ic t.r' fr.
mtay sc- that gold is trvisi tho cooun 10ienlsod ec, cotton, anudl ohr, Pesn uronig
(Ic (r tSat cc. t is (Oycidl'- fo -anl the prcs for these PnesacoSsiticong
geransly At pircsn, the expert feels tire rising rapidly. Only thle 1.0r Excellent Food
t toiroacli of 055511-ion, and wisihes !Still comlrap ins of depresoe, ," r his
toI avert its danger. Wt'oen the Fed1 inome i te last Ito recover.
csit I-erve 'ccc id it Si at WVsislug- Atlveryi~n asteaeae
ton lastf month, it reviewed the condi- soerageh t oe oyo an?
liii if buioncsh ilih ntied Staftisn, os or o o so?
oil deidle] i it the crange vs rat_- Ic'enowts inormalcy, andsles 01
is New Yi: k was ci.siar, o rane otjtton to a "full dinner -pail,"' No
of ctpetutstiiis. soc ooul object to that, hut only a Tuttles Lunch Room
Thle stori ck rkte..hlvelieein u -s'onable properiy 1 ic' eirabli. The~
usually ach, :end, were entering avwar booniwsa baseid si n inlatd r3 lMnynard St. South of Majestic
1bu11 moo enet whitch required larger icredit litfswhich we feltstie results
anal larger 'orriss fromo the conimercialienldeflationi came. With thiis; in 1
banki. Every rcoport c-st ',stolor, n"il fnanotal experts are rying to
Ing," and the Federal Reserve m5-1p ret the wildly optimistic loomt, ________________________________________
hrs i-ow dernt,,'r of violent spiciliniO and the crusts which follows.
within the next few m~oth. lhe nmonsy rte ia Nw York wyas;
ire ai, tthe Imminciate yeasin llrl c I 01 s r revent ua uii.'borrowinig for
th.- c-ei c-tes-,thit is indicative of 1sproultion, If brokers pay more for jy
th' irton-swiiietoovemensitlowards' \\FIR STta
I t leily, -Iwi Ii say e'sane-a boossrni $.A \\ T W sliO
s.Otr l b beqiin claw atc tooralse. (rit li clsnt s I5 i I 1 'IN Aii 1 .
a'i eltc osooa, Agsinefirrell, a cote'mporaryr
in fat, it is rapidly going above as- English critic and author who lived' B A N K
vial. In Detrot, for instance, there is fanid wrote about 13, has expressed
anl actual shortage of labor, iwhere, the abiity of a critic very well. In o- ORGANIzED 080o3
Writ so i-ia.; ao, men idledon 'ithe secho go o'Fl odHo
street corners. Factsicies co-Ijlin spebonHwtoTla ilBk -
that ihey can mt get hel, ail predict' firom a 'Bad One," he remarkled: "i
ani unutsually succesful seastonst ifthyYost canavsotidlprejudice-political pre-
Can run to full capacity. pudice, social preudice, religious pro-i
Since Ann Arbor is not a crollmer- jitiice, irreligous prejudice, the re- 1
iial town, wie Ihave noticed little ilidices of the place where you could
chaiige in prices, but tDetiroil reoti111tiselp being born, fbi' prjudlces -
that they -are goinigout. Melchants tile university where chance seat you, ;
soay that peotple arc buyiiig oo;rs Ilru- all the priudices that comor to you ty
ufactureirs soy thts oriders arecuOlIerg way of inheritance and al lctresn- -_______________________________
il; and all the ireight cias are lisa- dirtes you have picket tiup riiiouc'n 050ST- BANKIN AN ARBO
ing, -s-ot, swithluckh-', yotiWray te right ~B N t N ~~t1
In' I 'troit, iulliitling hoc ater goigsi ttle timies lit of testn i i ill pou f-dg OLDEST NATIONAL BANK IN MICHIGAN
otn all swintel'v '-sevitoli filit;ic'r sinl t.of Iaitdeld .authiirv antdtirhapti
bing erected dosn tost, 11111the sicl 'ihri-ctintss ot oi sviniw a iv itigi
- kelefoas of all, visbint thouset te'Oitail,'_______________________________author."__________________
It rquires true wsidomt o rcognize and act upon good advice, The
t=man who in keon etough to do this is not usually tho one who nteds good
THE NEWadvice. He i generally able to figure out his own problems,
CORONAWe know that it is sound advice to counsel everyone to start and, keep
wrtr e tper -u savinga account. The troublecoe r finding people who followou°
writing sanes advice-a bit egotistic, perhaps, ut nevertheleso true.
1. Completenes: in
is really ass office -,-wn u oavc. I tee
typewriter in pot- eWe wn u advertising t be printedadie Ift accomplishes ee
able form.
2. Convrenience: - a small part of what it attempts we shall be satified.
Weighs less than 7
pounds. Fold it up,
take it with you,________ ____________________
typewrite any-. ---
3. Durabilitsy: Half
a uiimion nuse; i
amore than all other
otebescsbsed
-sitenyaso The Ann Arbor Savings Bank°
4Sped:HF'b "The Bank of -Friendly Sgrbice"-
Standard Portable c
Keyboard--sins-
ta. ramtusResources $5,600,000 Two Offices
or touch-aystem I
aweatois.
Ti50 wthw
0. D. Morrill '
17 A'Ickels Arcade
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