The Washington times., 1909-09-23
FACTORIES WILL AID
IN CITY'S GROWTH
John Joy Edison Thinks
This an Important
Factor.
BUSINESS ACTIVITY
RAPIDLY INCREASING
Declares Presidents Interest in
Washington Has Done
Much.

Many OF our people. among whom
am one. are Of the opinion that there
are being now and there win be estab-
Hshed at and near Washington manu-
factories Of a character which is de-
sirabie. and should be encouraged
Fresh froIa a trip through Maine
woods where for nearly a month he has
been camping out Of touch with the
world, sad, therefore, the more i'm
pressed with the remarkable business
Improvements which have been Ushered
in during the past few weeks and the
more capable OF judging Of their trend,
John Joy Edison, president of the Wash
ington Loan and Trust Company, who
has just returned to the city, made the
above statement this morning.
1t is more than ever clear" said Mr..
Edson. that a commercial and manu-
featuring future is in store for the Dis
! trict OF Columbia"
Mr.. Edison said that he did not EXPECT
10 see the city become a manufacturing
! center OF heavy products, such as steel,
etc, but Of the finer products. both OF
necessities and luxuries, which charac-
terize the manufacturing Industries AZ
the capitals OF Europe, IN tact in the
world.
Says Population VIII Double.
He bases this upon an assertion
that WashingtOn's population is al
most certain 10 be doubled within a
/ few years and that there IS a grow
/ ing sentiment in favor Of creating
/ employment at home for young men,
| rather than maintain a situation
which forces them 10 go 10 other
| cities, seeking positions and business
( occupations. Manufactures, he be-
/ Ieves, constitute the largest factor
i toward correcting this situation. Re
garding the general outlook for the
growth and prosperity Of the Capital,
he said:
business has vastly increased in
activity. There is no city, in my opin-
ion. where the future growth IN
population, social, and business con-
ditiOns is so certainly assured as in
washington. No conclusion can be
more logically reached, when we con-
slider what viii dominate the -Uture
OF the Capital
First, it is estimated that tht, pop
: ulation Of this country viii be cCubled
by 1850. If that proves to be true IL
certainly VIII double the population
OF sue District. 1t can readily be
] seen what this viii bring TO the city
and surrounding country, increasing
Z
ion
/ Leads Naturally to Upbulding.
This must lead 10 the growing up OF
the manufacturing industry. We may
not look for great manufactures OF
isteel, machinery, furniture and Of like
class so much. but rather OF the finer
products Of both luxuries and necessi-
ties, which are the products in the main
of the factories in London, Paris. Ber-
lin, Vienna. and other capitals
TT has in a marked degree COM
menced here. II is gratifying 10 see the
united and concerted effort on the part
Of the citizens generally to promote the
business conditions of the District. In
the fOrty-six years I have lived here il
] seems TO me there has never been such
! earnest movements put forth as are
being made now for practical national
, development
These efforts undoubtedly viii create
greater opportunities for the young man
at home rather than be forced 10 look
: for them in other cities. While. prob
ably, there viii be some opposition TO
the este bushment Of any kinds OF fac
tories, but the Importance and necessity
, of doing so viii eventually be apparent.
T We must believe there will be a change
Of sentiment upon this subject from that
which now seems TO prevail. The
growth in wealth and attractiveness OF
Washington in the immediate future IS
certain and that the country is 10 exper.
fence a period of activity and unusua
prosperity since the tariff bill became
"A law cannot be denied.
THE tariff bill is not perfect, but Is Z
! long step in the right direction
f "One of the most encouraging thingI
that has happened IN many years anC
one that promises TO bring about mani
: important and desirable Improvement
toward making the Capital what i
should be Is the earnest and intelligent
: interest President Taft has taken IL
1.-THE past year in the affairs Of washing