![blue streak liquidation blue streak liquidation](https://images-na.ssl-images-amazon.com/images/I/41o-SJAHP2L.__AC_SX342_QL70_ML2_.jpg)
If the workers did not realize this, there was only one course to take. He pointed out that the coal business of Canada, faced with the keen competition of the United States, and with industries dependent upon it for a price that would enable them in turn to face the competition of outside manufacturers, could not afford to stand in an isolated position with abnormally high wages. The president of the British Empire Steel Corporation announced toward the end of October that if the employees of the Dominion Coal Company failed to agree to a reduction in wages that had been submitted, the great plant would be closed down. THERE is a tendency in some industrial quarters to force the pace of the process of liquidation in labor. The world is still a long way from normal, and the most of it must move pretty well together before any permanent equilibrium can be established. It tends to hinder that orderly resumption of normal conditions, for which all are looking to start speculative up-jerks with the certain downward slump that mast follow, whether the subject be commodities, or investment securities. Such a belief tçnds to promote a feeling of recklessness in assuming liabilities, in stocking up, in investments on a large scale. It should be recognized, however,that the business world is still far removed from any sudden “boom.” The belief that a boom period is at hand, or will arrive in the near future, is based on a misapprehension, and is liable to bring a heavy disappointment and loss both to business men and investors. THERE S an undoubted improvemen in sentiment in business circles, and insofar as this is the result of a real improvement in conditions, or as it exerts a beneficial influence on the mind of the buyer, which in turn reacts favorably upon the whole situation, it is to be welcomed. Retail Liquidation Not Yet Fully Accomplished