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Page thumbnail for The Richmond Palladium And Sun Telegram
Story August 10, 1921

The Richmond Palladium And Sun Telegram

Richmond, Wayne County, Indiana

What is this article about?

In a daily interview, farmer Harry Shute of Wayne Township blames lack of confidence, exacerbated by the war, for poor business and predicts recovery in about 18 months through restored trust. (148 characters)

Clipping

OCR Quality

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Full Text

Daily Interview
Every day a reporter will interview
a person, picked at random, on
what he regards as the most im-
portant action to bring back pros-
perity to the whole country.

"Lack of confidence has made poor
business," said Harry Shute, farmer
and dairyman of Wayne township,
Wednesday. "Sellers are holding on
as long as they can, instead of taking
their loss and getting back into busi-
ness again. Everybody is doubtful of
the future."

"This lack of confidence extends to
the farmers and other producers also.
Everyone has less confidence and
trust in his neighbors than a few
years ago, possibly as a result of the
war.

"Time is the only thing that can
cure this situation and restore confi-
dence, and I do not look for a full re-
turn of normal conditions before a
year and a half. When we do have
more trust in ourselves and each
other, we will not be afraid to do
business again."

What sub-type of article is it?

Biography

What themes does it cover?

Misfortune

What keywords are associated?

Lack Of Confidence Economic Recovery Post War Effects Farming Dairying

What entities or persons were involved?

Harry Shute

Where did it happen?

Wayne Township

Story Details

Key Persons

Harry Shute

Location

Wayne Township

Event Date

Wednesday

Story Details

Harry Shute attributes poor business to lack of confidence, with sellers holding on instead of taking losses, and doubts about the future possibly resulting from the war. He believes time will restore confidence in a year and a half, enabling business resumption.

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