The Birmingham age-herald., 1912-01-17
MASSEY ADDRESSES
 BANK EMPLOYES Subject Is Market Value of Optimism "-The Study
 Class Meets

The Market Value of Optimism was the subject of an address delivered bs Richard ". Massey, director of the Trad CTS Nationals bank, before the Birming- ham chapter of the American Banking institute at it's regular monthly session in the Chamber of Commerce auditorium last evening. The general meeting. which was largely attended, was followed by a session of the study circle with A. Lee Oberdorfer. the class leader, speaking upon the second pamphlet of the course "rhe Distribution and Production oi Wealth." and taking ''The Factors oi Production as his topic.
 President Otto Mooney called the meet ing to order and opened the business rou. tine with the hearing of a report from the membership committee. Ira G. Hood of this committee announced that A. H Smith of Childersburg had been admitted into the membership Of the Birmingham chapter and that the following names had been submitted as applicants and would be formally recognized as members al the next meeting: Daniel W. Waite ol Vincent Exum Elliot and A. C Eaves of the American Trust and Savings bank and Stewart w. Manss of the Trad CTS National bank of this city.
 The programme committee reported that the next study class will assemble on February G. and the general chapter meet ing would be held on February 20.
 Mr. Massey was presented to the bank CTS and bank employees by MT. Mooney with few introductory remarks regard ing tue business prominence of the speaker of the evening, who began his discourse with words of commendation and praise for the organization.
 True to his terse theme, The Market Value of Optimism,' MT. Masseys sen tences, interspersed with a humorous story now and then, were thoroughly ad- verse to the pessimistic strain either 1T commercial lines or profession and were resonant with the gospel of eheerfulness and self-conhdenee.
 A part of his speech was as follows
 Every great achievement is the result of the dream of some optimistic soul-to bring the application more closely home were the founders of this great city pes sirnists? Was it a pessimist who first came to this district to dig the ore from the mines and the coal from it's beds erect the furnaces in which to convert the products which nature has so lavishly be- slowed upon us-into pig iron? Was It pessimist who first built our great sky scraping office buildings? Was 1t a Dessi mist who conceived and erected the Elm pire building, and is 1t pessimist who Is now raising that magnificent structure the American Trust and Savings building
 Were they pessimists-that handful o men-who during the panics of Few years ago, now happily past, gathered to. gether and formulated a plan and pushed to a successful completion this handsome Chamber of Commerce building?
 Are they pessimists who are now working to secure for this city moderl fireproof hotel? l say emphatiealiy, no,
 With the conclusion of Mr Massey aa drees the study class was requested tS meet. and after a very interesting ano clearly defined treatment of the produe- tive clements of wealth by the class leader the students were dismissed.