Atlanta Georgian. [volume] (Atlanta, Ga.) 1912-1939, 1913-06-10
PROSPERITY
TIDE TURNS
TOWARD
DIXIE
Bradstret Heads, in Meeting
Here, Predict Greatest Fortune
Tide in Dixie's History.

AlldHtd anu tne SoulH dIt btlHB
swept onward toward one of the
highest tides of prosperity ever
known in Dixie. according to repre-
sentatives Of the Bradstreet Company
in the South, who opened their an
nual convention here Monday morn
ing.
Officers Of the company's branches
In thirteen Southern cities, covering
practically the entire South, were
present. From each came glowing
prophecies Of a spectacular rise from
the past depression of finances and
general slump OF operations.
J. E. c. Pedder. division superin-
tendent Of Bradstreet's. with offices in
the Empire building, where the meet
ing was held. declared that Atlanta
and surrounding districts were in the
process of a wonderful advancement.
Mr.. Pedder dwelt somewhat on the
depression Of Industrial conditions and
Hn8nces m this city the past TWO
years, but said the crucial point had
been passed and a general rise to
normal and above was on.
Optimism Of Future.
'T do not see any cloud on the finan-
cial horizon Of Atlanta, or, in fact, the
South in general, TO cause any alarm, -
declared Superintendent Pedder. Il
am looking forward with confidence to
a fine business this fall.
our grain crops this spring were
good and / believe we shall have good
prospects for an average crop this
fall by July Is. Therefore, money will
become considerably easier and we
will have passed our most crucial pc
riod.
For the past two years the South
eastern States have had a particular
ly hard time--in fact. one of the most
critical periods in their history. The
short crops and low prices of our staple
commodities have affected all lines OF
business, with the consequence that
there have been numerous failures and
a general Tightening up Of money
causing slow collections and very con-
servative buying. In the early spring
Of the present year conditions did not
look favorable for an average crop.
but vast changes have been wrought
in the past three weeks. The States
have had good rains, seed has germi-
mated well, and the land on account
Of the dryness having been well cult
waited, has afforded abundant riches
for crops.
The South has gone right ahead
by leaps and bounds. There viii be
more development in all lines. more
building, more activities amongst the
railroads, etc.
LAS for Atlanta, the city has broken
all records along all lines Of industrial
development. and will continue in its
forward march. It will surpass the
highest mark Of prosperity it has ever
attained"
The convention will be in session
two days Those present include
George A. Follin, Of the Jacksonville.
Fla. office: George VI. Williams. Biz
mingham: 3. F. Showalter, Jr.. sa-
vannah: John A. Singleton. Green
vile, s. c.: George A Bailey. No
bile: William ". Barns. Augusta; r.
r. Eppeison, Birmingham; Linton S.
Lewis, Macon; F. W. Renneker,
Charleston. s. c.; Warren l. Lehman,
Tampa; John L. Wray, Chattanooga.
and Lee A. Roper. Albany.
Southern Cities Growing.
Following are excerpts from the re-
ports which they have brought from
their districts:
JACKSONVILLE: In its municipal
operations and finances Jacksonville dis
plays a progressiveness. The total bank
clearings for the year 1912 were SIS. -
a. ssS. a gain Of So. 000. 900 a year since
1910. Industrially Jacksonville has
made rapid and permanent advancement
during the past decade
jacksonville herself has undertaken
the construction Of city docks at a cost
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