The Birmingham age-herald., 1911-05-02
MARX AND HENSON ! ARE VERY SANGU|NE Broker and Real Estate
 Man Return ABOUT COREY ORDERS Jemison Says It Was Result of Mis- understanding--Marx Thinks
 Pessimists Should Take
 to the Woods

Robert Jcmison. Jr., president of tho Jemison companies, and deeply inter ested in the development of Corey, together with Otto Marx, the well known broker and banker returned from New York yesterday. They were both decidedly optimistic over present conditions here and the outlook for the summer and fall trade.
 MT. Marx pointed out in an inter- view that in this great growing coun- try the pessimists ought to take to the woods"
 MT Jemison said the indications were extremely agreeable to him. In an in- terview MT. Jemison said:
 q feel very optimistic over the prospects in this district. The misin- terpreted orders at the wire mill. To- cated in Corey, were a very severe blow to this district, but the work was ordered resumed and Is now going for ward In New York there Is no pes slmism. On the contrary, everyone thinks everything fine and believes in the soundness of the future.
 q am sure the authorities Of the United States Steel corporation have to a certain extent. been misunderstood as to their intention here. As l un- derstand the propositions 1t was such action as any sound business man would have taken. The corporation is a business Suddenly there burst upon 1t a detrimental feature entirely unlocked for As sudden as that tariff list was the industrial company but stop. They wished to get their bearings. They only did what I would have done under similar circumstances or any logical business man would have done. When they found heir bearings they prompt ly ordered the resumption of work, both at the wire mill and at the other mon- umental enterprises in which they are engaged
 The plants and other industrial work will be completed hastily. In what shape they will be operated and what future plants the corporation will To- cate here Is problematical. l believe other plants will come.
 No Coercion
 q was told that the Steel corpor- ation officials deplore to the very full est the attitude of some people in be- lieving they were trying to coerce MT. Underwood or curtail his actions. Such, was assured, is not the case. They have never participated in politics here or elsewhere as outlined clearly by Judge Gary. When called upon for their views by Congress the corporation points out their opinion. They are un- ,nistakably conciliatory and not at all disposed to command.
 Tn our local history they have al- ways manifested the smallest interest in politics and have asked this district for nothing but the good will of the people. They have, on the other hand, spent millions here about us.
 "Everything will come out all right. That much is certain. I would bespeak the most cordial relations between the people of this district and one of their greatest benefactors, the Steel corpora ton. We are decidedly too large here for small politics. The corporation Is 100 DIE tO dlttIllpl lO pidy ehSii' " V have a common cause to champion and have a common end to achieve. I, for one, believe in putting every shoulder to the wheel and urging everyone to as- sist in making Birmingham the biggest, healthiest. wealthiest and most peace full city in the country.
 we have the providential deposits and it is now up to the efforts of men," Marx Reports Optimism The interview of Otto Marx, on the same optimistic line as that Of MT. Jem- ison. is here given:
 "The large banking interests in New York and In Europe have every confidence in the future of the country. Enormous Rotations of securities are being made daily On account of business being quiet all over the country, money has accu- mulated in New York. This money Is seeking investment and 1t is believed that as soon as the supreme court hands down its decision in the trust cases and the tariff is settled one way or the other, the country will begin an era of pros- perity which will be unequaled in its history.
 "There has been considerable talk about the United States Steel corporation not carrying out its orinigal plans of i'm provement at Corey. It Is believed to be fact that this corporation will not only carry out the present improvements they have planned, but that it will build other large structural plants.
 Investors are now being attracted to- ward the south more than ever before The development in this part of the coun- try will be greater in the next ten years than 1t has been in the past 25 years. This Is a great, growing country and the pessimists ought to take to the woods"