The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1900-09-23
rllyESrON'S BUSINESS.
1. Merchants and Bankers View lhe
w Situation.
,,,,,qoN Of CREDIT BY NEW YORK FIRM
Favorable Feature md One
Au Given Grent Encourage
"n,-some Expressions.

-, Texas September 22.-What
sn ,u.inees future of Galveston?
~ merchants OF the Island City WHO
Wy hard hit be enabled to continue
scps business ,.,
EVA few days ago than now. The
.c, came UP this morning in group
IL. ,m.o some of whom were strangers,
,snresentative of The Pest spent
,la n hours chatting with bankers,
.s,aants and professional men, to give
o,.cieutouo and conclusive answer.
~ did he ani pessimistic regarding
/ ne iuturs.
| ,rs. action Of the New York credit
,u thursday settled that matter oit'icl-
H. said one business man. AT their
's.,l meeting they passed a resolution
.s,sA supses:ed tie extension OF credits
!. nsl,sston customers who had suffered
y, AMI everybody here has suffered
=, The resolution also recommended
..u,pr new credits and such further
'raIIsps as would enable our people to
'.'s,,ahsn themselves. This resolution
Il, PASSED without dissenting vote It
,s.,sspnts the sentiment of the entire
lusress world"
ga Wholesaler and retailer: Any
,,,usss man who shows disposition tn
nar Ms Just debts Will not be pushed to
x. vail have not heard of any one
l,,iug down yet and Offering to settle on
percentage basis
hank president who has come i'll
.rcs The storm said that the disposition
n ma whole country was to help Calves
An Merchants will have no difficulty In
,,,tIng an extension Of time" said he.
Al frat when 1t was not known whetaor
~ eastern correspondents of our banks
vona ccme to thu scratch, there was a
,lsht nervousness, but all have since said
CORA 10 US and we will give you all tha
fsa.y cash you need.
lar sl.uaion N line is this
Every ablebodied man in town Is work
IN Tor wages Every man in town not
ibs 10 work is being cared for by the
rslsi committee from the supplies which
hive been coming in so generously. Sew
IN thousand OF these men who have been
,urssed In public work will be paid OF
Sunday morning between and u a. m,
1, the banking houses OF Adoue & Lob't
iaa Sealy Hutchings & Co. These men
xllI be paid In cash every week heres
hitter. The thousands OF other men work
l,g for private firms Will be paid weekly
tni monthly as usual. All this money will
hi once be put In circulation for the
nscemarles Of life, The local stores will
benefit thereby. The LOGAN stores, even
Ncrgh their new fall and winter goods
srs gone or damaged, in whole or in part,
viii he able to get fresh goods through
extension OF credit. That this credit vii
b extended, that supplies can be had,
|, evidenced by hundreds of letters, OF
shi,h the following is but a sample
Dear Srs; We are, Ia common with
Ne whole country and the entire world.
Enpthlzng with the sufferers in Gal
'tsiou by the awful catastrophe that has
tome 70 her We are gra.ified both al
rdlylduals and as firm to be able 10
Flt our contribution to help your great
|, ni admirable city and her citizens in
RAsir distress.
We trust that your people personally
J. Escaped tie disaster to llta which over
I 'ck 90 many, and that Your property loss
I no comparatively small
Y w We can assist you in a business way
D this time, We trust that you will call
/, p'n -. who is instructed to cooperate
n you 10 any way that is possible.
~ the resources of our establishment
Y At your command"
y lnk was from large house to small
nceIn which had never done a dollars
YIN Of business with them. 1t expresses
personal sympathy and business senfi-
~ Of The business world at large toward
a preston business men.
ID steamships are ALREADY loading at the
n a'fes with exporc goods, not damaged.
Y railroads put forth Herculean efforts
I reached here yesterday, rebuilding
= " o. destroyed track and the longest
sn'sd bridge in America to get here. 1t
n ! record breaking performance. and
Y esn me faith Of these large corpora
y = 10 the town
= wv can you answer the questioner who
~ 9. 10 the business future of Gal