Atlanta Georgian. [volume] (Atlanta, Ga.) 1912-1939, 1914-01-28
ERA
AHEAD, SAYS
BANKER
NcCord, Sunshine" Recruit,
Praises Currency Law and
Predicts Good Times.

Uniting himself with the Atlanta
sprshne Club, Joseph A. McCord, of
The Third National Bank, processes TO
H. member who believes not only
i, nlenty of sunshine. but also in
The reasonable conservation of it.
Things look so good here in At
.rta and all over Georgia." Mr.. Nc
Icord said that Pm afraid there is a
,rtle temptation to plunge, as it were
ror example, / notice there is great
demand for mules all over the State.
THAT indicates to almost a certainty
tbat a bumper crop of cotton is being
blamed.
not injured by unreasonable drouth
~ other climatic element, that plan
b very fine indeed. 1t Is encouraged
~ the experience last year. The
Gar before that a short crop of cot
ION in Georgia was pitted against a
iong crop in Texas. Low prices re-
.mited and the State went $4,000, 900
Banker Praises Currency Law.
last wear the reverse was true.
Food crop at top prices squared
oN the big debt and put Georgia In
srand shape for the coming twelve
aThngs certainly look good. This
,Av currency law is sure to provide
stable basis for all conservative
md legitimate business operations.
TIE nan who does business wisely
~ fortunately may face the future
with all confidence.
Another good thing about the law
4. that if will by no means ofter en-
! sours cement to bankers to spread
1 tbenoseIves' in a. reckless extension OF
crsdit The measure is designed to
orotect conservative, legitimate bust
pess and it will do exactly that. No
u.ildcat' banking will be encouraged
"Take il all around, | see great
a.aI 10 encourage us as we lace the
,est of the wear 1914. Especially can
SOC that Southern business, and
r,rticnlarly Georgia business, Is on a
sound and prosperous basis: look
/ forward TO a great year, with great
rrosnects. needing only wholesome
tincture Of conservatism to restrain
the desire to plunge induced by go"
rs Secretary Cooper Joins Chorus.
W G Cooper, secretary OF the AL
|Iarts Chamber of Commerce-wnlch
is very advantageous posltlon III
which to count the pulse peats OIL
|Ibusiness and commerce-sees In pros,
pect the biggest year Atlanta anu
1 Georgia ever have mad.
4 we are getting a running start,
4 YOU might say, and by next July at
1 the outside we should be going DIT Top
speed, Mr. Cooper said.
For instance, we got away WIN
i our best foot first. The big cotton
/ crop and the top-notch prices II
brought effected a sweeping. payment
/ Of the fall obligations such as mas
never been seen in this section De
fore The Atlanta banks were
cfammed with money. Everybody got
&aVay TO a good start, and, now that
a regional bank looks sure to come
10 us, I really can't see anything to
hold us back
Realty Market Booming.
zone sample of the stimulation OF
! general business is to be found in the
4 renewed activity of the Atlanta real
estate market. Last fall there was a
sort of quiescence in the situation.
/ Now you have hard work to get hold
Of real estate man long enough to
4 buy a piece of property before some
body else can beat you to it.
An that locks mighty good for the
future Whatever clouds may have
! dimmed the sunshine in the past now
seem TO have been swept far beyond
| the range of our vision. II they hover
at all, it is on the other side of our
| horizon"