The Birmingham age-herald., 1910-09-12
CARSE
 VISITS DISTRICT
Talks About Improvements of
 Birmingham Realty Go.
NORWOOD PARK PLANS
New York Banker Discusses Effect of Colonel Roosevelt's Wild Pre-cam- paiGn Utterances and Actions
 Business Interests

II. R. Carse, president of the Br- mingham Realty company and vice president of the Hanover National bank of New York, arrived in Birmingham yesterday. He visits Birmingham for the purpose of looking over the oper- ations of the company for the past few tions of the Birmingham Realty con- pany.
 MT. Carse, who Is considered a very conservative banker believes Brming- ham will have a fine trade this win ter and that the country generally will be very prosperous.
 He visited several points of interest with l. C. Beatty general manager of the company, and expressed himself as being well pleased with the building activities of Birmin gham. In speaking of his company MT. carse said:
 We are spending about $300,o00 in improvements In Norwood, which will be completed within the next two years.
 
 and will be certainly greater and more attractive than any other developments that have ever been made in residen- tial sections of this city in recent years. We will have natural park of 24 acres, which will be given the- city and which will be absolutely for the use of the people. That park will be one of the prettiest in this district. We intend that the rural scenery that now exists in what will be the park shall remain. The park will be pass able on both sides by a driveway 100 feet wide, which will come together in boulevard 200 feet wide. Concrete sidewalks of standard width will also be provided in the Improvements. The entrances to the park will be attract i've and artistic. We hope to add a great deal to the natural attractiveness 1 of Birmingham by this york; | Speaking of Col. Theodore Roosevelt, whose utterances, 1t is said, have frightened the banking interest In New York Mr Carse said:
 Some of the bankers in New York think MT. Roosevelt will be in the race for President while others think his statement that he would not will hold good. The financiers, however, are not worrying about him. He is inconsistent and is just as liable to do one thing as the other. As an instance He re- fused to break bread with Senator LOT inner in Chicago although jury freed a man that was said to have been cor rupted by him. At the same time he shakes hands with Boss Cox of Gin cinnati as though Cox was above reproach. One cannot tell what the ex- President will do.
 AS for regulating corporations, l am for that, and so is every banker. Our banks which are public institutions are regulated. Why, we have exam iners to come to our rooms and re- main several days. He demands every one of our books and goes through them There are laws that say we cannot do this thing and we cannot do that thing. That is regulation. But the banks do not cry that too much | regulation is going on. We don't care how much the governmnet examines us nor do we care how often the laws are rearranged. The fact of the matter is, it has come to such con- | dition that the railroads must be ex- amined and regulated. The regulator has not passed its infancy yet. I tell them that the American regulations | will equal those of England at some | future time. The railroads can oper- ate 1t matters not how much they may be regulated. And do not believe that all this crying will affect business to any great extent. I know that among the bankers it has little effect.
 "The crop movements are picking up. l have 1t that June was a heavy month for borrowing in New York from the country. That was because the crop outlook Is fine. I am informed that a bumper crop will be made that will bring millions to the south. 1 am very much inclined to believe that business will be fine this fall. We have been going through some pretty squally times but the situation is get ting very much better"