The evening herald. [volume] (Albuquerque, New Mexico) 1914-1922, 1914-12-30
PROPHETS or coon CHEER.

w note the general air Of
hopofuiness with which the new year
Is faced. not only IN the optimistic
west but in the pessimistic east. The
New York Herald. recently a persist
eut, although conservative. prophet
OF good times has been making a poll
OF big business and has been getting
opinions from a large number OF men
who are generally held responsible
TO a considerable extern for the
course OF business In this nation.
Manufacturers and their agents
IN his city" says the Herald, "are
happy Owe the increase OF orders.
The great foreign demand for food
tuns is now enabling the men OF the
west 10 market their enormous crops
at good prices, and the exports OF
wheat. Hour. rye and oats from July
10 November 2S have reached enor-
NOUS proportions. Bacon aud ham
exports have zone up 10 an unprece-
cnted figure.
ENCOURAGING reports are being re-
ceived from all over the country. ac.
cording TO men in the big business.
Mills and factories working on war
orders are In many instances running
day and night. and while Il Is ad-
mitted hat he great pressure is from
the result OF the war. yet men are
confident that the demand IL bound
u continue for "A long time The ma
tons now al war will need jus as
many articles OF a different class
when they resume the peace footing
Philadelphia, Chicago. Il. Louis, Bos-
ton. Pittsburgh. Detroit and other
trade cepters say the business men.
report increasing industrial activity.
Here Is what some OF the big
business men think OF the situations:
Irving #. Bush. president OF the
Bush Terminal company:
" 'somewhere between the opti-
mist who claims that the war IL all
cakes n ale for his country and
the pessimis. who sees us dragged
into the horrors OF the conflict lies
the real future. We can never be
embroiled in a European war. and
we must share In at least one Of its
burdens-the higher interest upon
capital for future development.
" But admitting our fun share In
this burden we VIII SIN have pros
perity. II will come to US as soon as
finance has adjusted itself to new
conditions. n Is beginning 10 show
is head here and there already. It's
coming is not due 90 the war. Il
would have come anyway. for the
country has passed through It's period
Of liquidation and an upswing is in
e~vitable.'
william a Marble, president Of
the Merchants association;
" 80 sensible man can question
the fact that the skies arc clearins.
and the Herald IL 10 DC commended
for Keeping the brighter side of busi-
ness before the public. The change
OF sentiment h. being demonstrated
by evidences which multiply daily
Instead OF reports OF mills and fac
tories closing or reducing their oper-
atlons we are receiving reports Of the
resumption o: activity and. In some
cases, o. overtime work, a part OF
this activity II due, OF course, 20 wal
orders from abroad, but nevertheless
It gives a strong impetus 10 ne gen
erai resumption of industry.
srhe recovery naturally will h'
slow. after 90 long a period Of de-
preston. but a. has begun and theirs
seems 10 be no reason 10 Anticipate
a serious halt. The great po.nt y
that confidence l. being restored
throughout she country. and this wal
shown in a most striking manner By
the attendance q isi3 Of u Head.
ing business men at a recent lunch.
con meeting Of the members coun'i
Of our association These men sas'
lip " hours In the middle Of th'
day 10 show their confidence in th'
future. ana their optimistic frame o
) mind 4 shared by thousands Of 9th
ers who we're unable 10 attend th'
meeting
civilian Feiowes Morgan. bankeI
and capitalist;
" We can SEE the gradual n pos
sIbly quick return ~ prosperity vp
p~ortnnlties IN trade and commereI
haeuenA mtulhea ~ the pfesen
war in Europe. which. n zsasped b.
oar banker and merchants. vii
mean more 20 a. than q h now cas-
% realize
Greater New york, the ofheia