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
sunshine Club, Joseph A. McCord, of
the Third National Bank, processes 10
ne member who believes not only
IN plenty of sunshine, but also in
the reasonable conservation of it.
Things look so good here in At
,anta and all over Georgia" Mr.. Nc
Cord said that I'm afraid there Is a
little temptation to plunge, as 1t were.
For example, notice there is a great
demand for mules all over the State.
THAT indicates to almost a certainty
t that bumper crop of cotton is being
planned.
ro injured BY unrea sonable drouth
nr other climatic element, that plan
e very fine indeed. 1t is encouraged
Nv the experience last year. The
wear before that short crop of cot
/ ;on in Georgia was pitted against a
long crop in Texas. Low prices re-
suited and the State went 100000 900
/ In debt
Last year the reverse was true.
good crop at top prices squared
of the big debt and put Georgia in
grand shape for the coming twelve
Things certainly look good. This
new currency law is sure to provide
a stable basis for all conservative
and legitimate business operations
The man who does business wisely
pnd legitimately may face the future
with all confidence.
another good thing about the law
&c that it will by no means OFFER en-
| roura cement to bankers to spread
| tbemseIves' in a reckless extension OF
sredit The measure is designed TO
rrotect conservative, legitimate ousl-
ness and it will do exactly that. NO
wildcat banking will be encouraged
Take it all around, l see a great
deal To encourage us as we race the
rest of the year 1914. Especially can
| | see that Southern business. anu
4 rarticularly Georgia business, is on
sound and prosperous basis: looh
forward to great year, WIN srea'
prospects, needing onlv wholesoiie
tincture of conservatism to restrain
the desire to plunge induced by glow
ing prospects. -, eha.u.
Secretary
" q Cooper. secretary of the Al
lanta chamber of Commerce-whlch
is yerv advantageous position IN
which to count the pulse beats OF
business and commerce-sees in pros
pect the biggest year Atlanta anu
Georgia ever have had.
we are getting a running start
YOU might say, and by next July at
~. a,,+eido nc cbouId he going at top
speed. Mr.. Cooper said.
For instance. we got away with
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 be-
/ fore. The Atlanta banks were
crammed with money. Everybody got
away to a good start, and, now tnat
a regional bank looks sure to come
to us, | really can't see anything TO
hold us back
Realty Market Booming.
One sample of the stimulation OF
general business is to be found in the
i renewed activity of the Atlanta real
estate market. Last fall there was
sort of quiescence in the situation:
Now YOU have hard work to get hold
of real estate man long enough 10
buy a piece of property before some
body else can beat you to 1t.
All that locks mighty good for the
future. Whatever clouds may nave
dimmed the sunshine in the past now
seem 10 have been swept far beyond
the range of our vision. If they hover
at all, it is on the other side of our
horizon"