The Birmingham age-herald., 1909-12-17
HAPPY SPEECH BY JUDGE GARY TO
 REPRESENTATIVE MEN OF THE CITY
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 and bountiful hospitality, complimented the beautiful table and attractive club house and expressed the pleasure which 1t had given Mrs. Gary and himself to their hope of being able to return to the Birmingham people visiting New York some of the hospitality which they had received in the south. Referring to the remarks made by Mir. Nelson as to the advantages of the Birmingham district, Judge Gary said:
 Raw Material In Alabama.
 "Our experts have made study of our Alabama properties, and I believe we know our properties here as well as the people of Birmingham. We have in Ala bama approximately 7ooooo.0oo tons of iron ore, and a much larger tonnage of coal This ore and coal lie almost contiguous, district at a lower transportation cost than is possible in any manufacturing center in the United States. As a result, fnfter the completion of contemplated im- provements, iron and steel can be manu- factured in this district at cost about as low as that of any other point of production.
 tion entered the Birmingham district 1t has expended se.5oo.ooO in tbssconstruction of plants and in the development of its properties. In addition 1t has definitely approprated<for new development and construction the sum of $,oOo,oOo. This money will be expended in the various projects for which 1t has been appropri- ated with all reasonable expedition. As to future expenditures In the Birmingham district cannot speak with certainty, for am but one of "A directors, although the chairman of the board, and but one Spf the nine members of the finance com 'nittee. although the chairman of that committee.
 Influenced By Good VIII. '"The corporation has been influenced in the appropriations heretofore made for, and the expenditures made In, the Bir- mingham district, in large measure by the cordial good will and friendly feeling which have been shown towards its un- dertakings and officers by the people of Alabama Great business corporations, such as the Steel corporation. owning kmineral properties in many sections of the country, cannot but be affected in their plans of development in any partic- ular locality by the treatment received &S, locality.
 "Unfortunately, of recent days there has been displayed by people and authori- ties in some states 8 spirit of hostility toward certain business enterprises. nota- bly, railroads. Naturally investments will be preferred and developments pushed In those states where encouragement is felt as the result of evidences of good will and spirit of cooperation. am glad to note that the relations between the people and the railroads seem to be improving, and a spirit of mutual helpfulness to have displaced that of deplorable hostility
 From the people of Alabama nothing but good will has been shown towards this corporation. and that hospitable spirit is as much appreciated by our di- rectors and officers in the city of New York as it is by our local officers in the city of Birmingham. Under conditions as they have heretofore existed. there have been made expenditures and appropria- tions aggregating the figures which I have mentioned.
 About Continuance of Policy.
 with the encouragement of the con- tinued good will of the people of Ala bama there would naturally be expected continuance of tho policy of liberal ex- penditures for additional construction and development. although, of course, no official would assume the responsibility of making any definite promise or state ment. The corporations hes not only made liberal appropriations for construc- ton in the Birmingham district; it has also in the persons of MT. Crawford. MT, Crockard and their associates put in charge of its Alabama properties as able experts in the iron and steel business as can be found anywhere in the United States. Tn addition to the advantages which the Birmingham district enjoys in the economic assemblage of raw material. it can reach oh g basis of transportation . equality with other iron and steel produc- ing centers. markets of territory con- taining 30 per cent of the population of the United States With such natural ad- vantssss Is 1t not natural to suppose that the people of Birmingham have good cause to be hopeful for the future?'
 General Business Outlook.
 Speaking of the general business out look from the standpoint of the whole country, Judge Gary oppressed himsslf In carefully weighed words of optimism, saying:
 'The general outlook Is full of ,encour- agement The business of the country is good and I see no real ground for uneasiness as to the future. l wish to say to the business men here. and espe- cially to the lawyers. that there Is, in my opinion. no occasion to be apprehen- sive of harmful and unwtss iegtslatioo by Congress. Or of any radical action on the part of the national administration. No progfamme of widespread and inju- diciops prosecutions of the great cor porations of the country need be reared. rhe praaant occupant of the White Houpe is . man of wisdom and judicial