The Anderson daily intelligencer. [volume] (Anderson, S.C.) 1914-1915, 1914-11-17
THE OUTLOOK IS
VERY PROMISING
BUSINESS DEPRESSION
CAUSSD BY WAR Is FAST
VANISHING
CONDITION STILL
VERY BRIGHT
Relief Promised FROM Shadow
Which So Long Has Hung
Over the South.
(By Associated Press.)

/! WASHINGTON. Nov. 16.-All infor-
/ nation reaching governmental de-
partments here indicates that the de-
preston which overlook business en-
| terprises in the United States when
| the war storm burst is vanishing.
The hopeful outlook for American
ventures was summarized today by
Secretary Redfleld in letter to the
Chamber OF Commerce of the United
States. in which he declared:
Let the worst be said and admit
tee that can be said respecting exist
ing dimculties In America, our ,coIlli-
ton still remains not only relatively
bright, but rapidly improving and In
many respects both prosperous and
promising"
"One can not but sympathize with
the missortupes that have befallen in
dustries in all the talligerent coun-
trtes," said Mr.. Rede6ld, "and there
fore 30 much more grateful that no
like fate threatens our own. No
observer OF the large movements of
our commerce today fails to recognize
the great improvement that has been
made In business conditions within
the last few weeks and which Is still
progressing.
The course or exchange has be.
come more normal. Clearing hotise
cerdhcatss are being rstiFsds Iafes
Withdrawn and with the openinE 81
the federal reserve system great Id
aft.oaai suHDlies 5f ;;Sosasssssss7sss!e stiIiis
have become available. There is no
longer serious concern over our .finan-
cial future.
Cotton has begun to move, and ex-
listing arrangements promise relief
from the shadow which so long has
hung over the South.
HE who wants mai read plain facts
which snow on every side not only a
marked hopeful feeling in every but
tangible facts on which such feeling
rests. All problems are not worked
out yet to Drefect solution
Nevertheless. on many sides mills
are busy and factories running full
time or overtime: the number of un-
employed is steadily getting less.
"The coming winter throws no such
dark shadow before as was feared a;
few weeks ago. and the statement is
beginning to be- heard here and there
that goods Gun not be delivered rs
promptly as they are wanted because
the factories are too busy. The world
abroad Is turning toward America for
large portion Of its supplies and the
phrase, Buy in America has come to
have q potency that hitherto has been
lacking.
"The improvement in conditions Is
not wholly due to the war. Great and
growing as our exports are. they form
but small proportion OF all OF the
total business that is constantly in
creasing. A knowledge that products
can be sold; the certainty that money
eau be had to finance business and
enterprise. have brought fresh com
fidence intr oar domestic markets at
the same time that foreign buyers
have entered them.
"pFe may be grateful. therefore, not
only that we are far better of than
our suffering brethren beyond the sea,
but that we are better placed our
selves ut home than we were a few
weeks since. We may be glad that
the present IS good; thankful that It
Is growing better and hopeful for the
coming months.e