The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1909-09-11
HERE
NATURAL GROWTH
Arthur c. Moses Takes Opt.
miStic View of Outlook
in Capital.

Our entire commercial world is now
enjoying a condition Of prosperity which
naturally followed the mental reaction
OF two years ago when. because of re-
verses to certain business men, many
were disposed to think that the country
was in the throes OF a great financial
panic That in reality was no panic at
all. but a condition caused by the great
commercial leaders who, suffering a
mental reaction, halted their elaborate
plans for the development Of the
country's vast resources and naturally
brought business to a standstin. Now
we are going ahead again with nothing
In sight to stop us"
In this paragraph Arthur c. Moses,
head Of the firm Of W. 3. Moses & Sons.
gives the reason for the great wave OF
prosperity now sweeping through the
country, setting in motion the wheels OF
its vast industries. giving employment
to millions Of men and women. ana sup
planting the unrest and suspicion OF the
fall and winter OF 1907 with confidence
and contentnent, and In every way re-
storing the United States 10 It's position
as leader among the prosperous nations
OF the earth. The tremendous stride
this country is now taking is nothing
more than the progress Of plans which
were in the making more than two years
ago. but which were abruptly haltod
when their originators and projectors.
those great commercial captains who
are the moving spirits of this nations
development in all lines of endeavCr.
suffers what Mr.. Moses chooses to cali
cold feet
Experience of Leaders.
This is literally what the great lead
ers in the country's business world did
experience says Mr.. Moses. In short,
they suffered a mental reaction when
they saw the country was not ripe for
the elaborate plans which they had
SHAPED for business development. There
fore. the prosperity that is just now fill
ing the country has come because con-
fdence has been restored and these de-
layed business plans are now working
out"
on the horizon OF 1910 he sees no
clouds that might suggest trade re-
verses, and his forecast. based on an
unusually good summer in his own bust
ness, Is that the local mercantile world
undoubtedly will see greater prosperity
than for several years past.
Wants Factories.
As a measure Of future prosperity Mr..
Moses advocates the establishment Of
light manufacturing here. In this re-
spect he would have Washington model
ed after Paris, where, he points out.
a large population thrives on class OF
manufacturing that, although carried
on I'm the heart Of the city. in no sense
mars the superb architectural beauty
Of the French capital
Although washington never Intended
20 be, never was and never will be a
manufacturing city. he adds, yet a
larger future would be assured this city
II II became a center Of light produc-
ton"
Asked what he regarded as the great
est factor in Washington's trade devel-
opment, Mr.. Moses replied:
The confidence OF Washington bust
ness men, perhaps. has had moro to
do with advancing this city's commerce
lei prospects than any other factor in
its development. There is no doubling.
either, this city's phenomenal develop
meut in every way Even these bust
ness men who are necessarily prevented
from taking extensive trips through the
country cannot help being startled when
they contemplate the remarkable
changes that have come over this city
in the space Of five yearS.
Natural Changes.
"One Of the truest signs OF our pres
ent prosperity" continued Mr.. Moses,
is in the great number Of homes now
being purchased by our residents Of
moderate means-in short, our wage
earners.
They are feeling confidence IN the
permanence Of the city and in their
positions that has prompted them TO
make permanent investments. As the
buyer Is in the great majority of
cases the trustworthy customer. accord
ingly the merchant who deals with this
class are also benefiting."
Another Good Sign.
Another. good sign, as Mr.. Moses
views the future outlook, is contained
in the purpose OF the Federal Govern
ment 70 carry out. at great cost. and
through the erection OF magnificent
buildings, plans that will ultimately
make this as great a city as the world
has ever seen.
These buildings which IN Jew years
will rise on the ground south Of Penn
syIvania avenue from the Capitol TO
the Treasury will not only mark a won
derful architectural change. but will
also bring an abundance or trade pros
perity 20 the Capitals merchants, Mr.
Moses saws.
we cannot help seeing in this pro-
posed building activity and expenditure
on the part of the Government change
that will bring tremendous improve
ments TO our business conditions" saws
Mr.. Moses. 1T certainly inspires great
or business confidence just as it viii
give greater stability 10 the city, for II
shows primarily that the Government
intends 10 keep its workshop r1ghr
here"
cum &c CEADCuIklc