The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1905-01-01
g|R'|[A''l||l|Q|l|||'
IgIBll|AHZR ||'| 4
Preside Iseiig Iei yllS ilSslAH " fol
4; NJ { Patrioti EIartfsse u
iTH ESF UTURE Is N BRl lGF GFFiT''8i I
Past ca IA Has 3 ecll8N otabls forI
ssis Acllievetn ,,ttlrc .355s
s5sSsEs Problellis. 3s5
W
-. & 3

response to- your quest fol, some ~
expression from me a "a his sea son, as
President offsStlie Che NIB of Commerce j
iii ference to the bllsincs S. OF he yea !.
just ending, and 4 ftt,e rrosl'ect s'l
the ensuing one send you sue h. 5imr5
$pressionE asE II ave been Sena bled form
from a necess ssa rily hurried consi ideratIor5 Ior
III the situat ton. 3Si ID S
is$gsI 4 deem tinne ecessary to SO III Very
much int par tlcul ars ST yol,r issue .of;
the fist " the year Nyi Doubtless con-
tain lcles which wi i ticallyi
each branch Of business and s5 sul,jcct q of
material I'm CO en 81 Il ton
ton us tho Richmond pull lcS q pre- sent.
81. eel SAT however In SAYING that
Sin my + opinion, the people 10 81 com !!
imunity,of the class ii Whit III r RichTondi
Sproperly belongs me assured by its wealth
and populnt lon, have create r cause for
GtiolSa Il the results q heir pa y
year S work and a chieve enlcnts 3, n moro
substantial s ground s for cncollra cement
and hope with respect TO heir future
iprosress mud pr osper N + II 3
mcrce, smanufacturc.Sbn banking trnnspor Y
stion and other similar interests are not
fully $nyni ableS unit 4the end of til year
sall8lndicat Ions aras 4 la 4, when the 1igurcst
cn be finally obtained, n they wi show
material &improSeme over those OF pres
'ceeding y cars r Ills conclusion is fore-S
.shndowedW & by3 3S8 reported bank cl learances
and by the gross receipts of$ railroads
OF proceeding weeks, those lsrcports h be-
Ing always regarded as fitt criterion Of
the general Yolune and activity i in
business, ,3Ss " ss
4 "a scries Of years OF good crops and
price TO prctlucersSnlsG.
seems. inquest tioliably. To llaYn crea ted
widespread md heal THY condi tions, NOT
only In country sections, but ssnlso liz
centres OF of9colnmercegs and mnnufnctnre,
Which arc 50 largely Il dependent t llppn3
agricultural resources and production
aud tho strength Of the situation was
signal 81. exenplifle Sln 1904 by the entire
a bsence OF that business depression n nd \
anxiety which almost inyarinEIsSS char
actor rlzcs the years OF p pftsidentla
lection. NJ sss
An Era Of Building. ~
555sss4 s4.nothepi very Significant evidence Of
is the SJIlprec cdented am oun
os building which has taken place and |,
Isl sti going on the 81 Y and " ems
In add ltiolls to SilcSR hotel
a; new theatre, u two largo ofilcc bulldogs.
tho Virginia stats iInsu ulance5 Compn
building, a tl,e5enlargelnent oi the8 State
Capitol. Tie Erection Of tho new Second
BAPTIST Church, he Betll "A hnbslh ms
goguc, tho A Catholic Cathedral, y, besides
other r5builJlngsS of tSnublic or semi hlic~1
or, s. al, rsnhsunllY large ~ lnlber
Of resi- es nra 5ljeing erected, and these \
ind derfe kings. yZWi til the eXceptl lon of one
ar two public buildings VIII hich 4 were,
sreetcd Nit outside aid, zrle leally indicate,
That Epofits from business haY enabled
onrS itizens to ma lseS alge perrla ant ins
pestlnents, NJ ithout trenoliin "a upo m heir
means for coildu ting by
ions or of meeting their cx perl lses!
y SIN conneetIon with the subje Of Sbpild-
nss !. ay, Il isa ami iriely an on hiaS