The farmer and mechanic. [volume] (Raleigh, N.C.) 18??-19??, 1912-01-30
MR.. THOMPSON
IS OPTIMISTIC
He Sees Good Times Ahead
for the Mill Men of This
State
HIS OWN BUSINESS is
IMPROVING STEADILY


| Local Cotton Mills Show Better Con-
ditiOns-SOme OF the Ways in
Which 1t is Being Donc-Mr. \. A.
Thompson Sends Circular Letter to
the Mill Men of the State, Stirring
Up interest in the Mill Business
The Most Pleasing Note From That
Sid i'll q Long Time.
The most optimistic statement Of
business conditions sent out in q long
time by a mill man, was that yester-
day issued by MI. A. A.. Thompson.
president Of the Raleigh Cotton Mills.
who takes the view that there is early
and substantial Improvement ahead.
No set of business men Of this State
have had occasion to remark SO dis
mally upon the situation as have the
cotton mill men. The largest owners
Of textile works have frequently de-
clared within the last wv years.
that at no time during the Cleveland
administration was the outlook so
dark. 1T a improved but little to
date. Mills have been forced to he
most drastic curtailment at times. and.
large numbers have run upon short
hours throughout a whole year. One
or the most widely known men of this
profession in the country said In the
TALL OF 1910, that he was waiting for
somebody to name the panic under
Wnlch the mills were then and are
now running in the Southern States.
The letter Of Mr.. Thompson refers
TO the political phase Of the question.
he expects more changes and better.
ones. And speaking for his own busd-
ness ne declares that 1t is daily inn
proving. The circular issued yester.
is encouraging, because it has q
local interest, shows that there is inn
proFement right here at home. and
nat the business-health Of this citv
and community is good.
II VAL doubtless bring such
as VIII show just what is being done
oVer the State. Mr.. Thompson is try-
ing to impress upon the act,r-
ers the tact that there is q better tn.
ahead, and that it is not far off. He
wants TO hasten the day. The letter
soes 10 the various secretaries OF he
oeate. 1t increases confidence and
talis upon the fellow manufacturers
20 look up. It is an interesting docu-
ihent, and Is appended:
Haielgh, n. c., Jan. "a, 1912.
;ooc. oAO"1y Uu% surely bus.
mess is becoming normal. ana wa 90
op'11nistic Of the future. Eyervthin1
~ pointlng in that direction h,,+ :
items. "'io important
popular. anu therefore
second. Many people refusea
10y whlie cotton was high. thareeoro
i'1 M ouy freely when it is chean
on, n,ro. me curtailment last 1n.r
Inu tie shorter week which is now ~
Ea mate eouce all supplies.
ter = fast records show that AZ
mill h1,s nei'ou or depression in the
boom. HAY oeen a great
ms year is the turning no;n+
~,'en The presidential e,ec+;on ahu
sap .ne way, Congress viii - ~
~ - sane currency law ana ahe.
~ oaiIle tme the Panama Caro1 o ~
vpeu 20 the ships Of the worId VIA
d nne traders Of all ciyil;zed
taI" ouht the future, and + dnaa .'o o
hn nE q to forecast a not
Fwarus IN all lines he comm sfeat
h,,vin pouy should get ready FOE - az ~
vailine T~ene!iahdlse freely at the nro,
such AN Ulaple prices. TO mass
~, ,"lse' especially as the :tan 0
oS the forelock" won,d ,ahlng time
nmn,ns or a better day. austen the
ouI business is imnroui,-
ara f ne books for the near .s AND
nii1ns up rapidly. near future,
cry truly yours
COTTON M11Ie
=. \. THOMPSON. WILLIS
PRESIDENT and Treas
@oIeF.
IN AOVRnfn>> -