Americus times-recorder. [volume] (Americus, Ga.) 1891-current, 1913-11-18
WHEATLEY TELLS
ATLANTA GOOD
TIMES ARE HERE
CONDITION OF STATE
is BETTER NOW THAN IN YEARS,
SAYS SUMTER COUNTY REPRE-.
SENTATIVE AFTER TWO WEEKS
SPENT IN EAST

CRAWFORD Wheatley, OF
county, chairman of the house
committee on appropriations, says
Georgia is in better shape financially
today than it has been for years. He
stopped over in Atlanta Sunday on his
way home from two weeks business
trip to New York.
Mr.. Wheatley is one of the best
known and most successful bankers
in south Georgia, and his recent trip
east was made entirely in connection
with his extensive financial interests.
While in New York he made diligeut
inquiry as to Georgia's standing and
credit among the big financiers of
the country, and particularly with
respect to its forthcoming refunding
bend issue, and found both to be all
right in every respect.
Discussing this matter, Mr. Wheat
ley said:
"A number of New York bankers
told me that Georgia's credit is in
many ways better than that OF any
Southern state, and certainly as good
as the best in the nation.
II was informed, as a matter indi-
eating the real status OF things III
Georgia, that the banks of the south
have reported to the banks of the
east the most active anticipation of
fall obligations this year ever known
in the history of the south.
Pay in Advance.
Literally, thousands of farmers
have paid their obligations at the
banks we'll in advance of maturity
and many banks of the south have
anticipated their obligations to the big
banks of the east.
This condition prevails more de-
cidedly in Georgia than anywhere, and
is in marked contrast to the status
of things in the middle west.
Another thing heard remarked in
the east, not once, but dozens Of
times, was the SPLENDID manner in
which the banks of Georgia came to
the relief of the state not long ago,
when it became necessary for Georgia
to borrow nearly half a million dol
lars. That money was supplied, t
will be recalled, by certain Georgia
banks at ridiculously low rate of
interest-at least half what the state
would have had to pay in the east.
From the bankers standpoint
purely, the Georgia banks doing this
thing lost money directly; but it is
agreed that it was fine thing to do,
nevertheless, as showing the genuine
patriotism of the Georgia banks and
their real love of Georgia
Talk about refunding your bonds,
said one big eastern banker to mo,
Any state that is taken care of so
splendidly in its hour of temporary
need by its own home banks can get
anything we have to offer in the east,
and at as low a rate of interest as our
directors will stand for anywhere
Demand For Georgia Bonds.
In the matter of refunding your
bonds, why, the banks of the east are
clamoring for Georgia business! We
shall market our bonds at a hand
some figure abroad-that is, unless we
decide to finance them right here at
home, which is not impossible.
There is more money in Georgia
today than there has been in years,
and the big bankers of the east know
1t, They know. moreover. mat the
south has embarked on an esq -:
prosperity that will not end sooo
There is no field so inviting to out
siders today as the field Dixie pre-
sents. And of all spots in Dixie,
Georgia is agreed to be the most
promising!
Remember. my trip east was ono
purely of a business nature. I was in
New York to find out about business i
conditions generally-right in line
with my everyday work. I can say