Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1914-10-29
GARY SEES BRIGHT
BUSINESS FUTURE
DESPITE THE WAR
Points to Present Increase in
Many Exports and Relies
on Nations Great Re-
sources.

| BIRMINGHAM, Ala, Oct. 29.-Express-
ing the greatest optimism as to the busi-
ness outlook, and asserting that "the op-
portunities for progress and success In
this country are greater than ever be-
fore" Elbert II. Gary, chairman of the
United states steel Corporation and
president OF the American Iron and Steel
Institute, addressed the semiannual meet
ing Of the institute here today.
He reviewed the iron and steel trade Of
the world, touching upon the amicable
relations existing between the business
men Of various European nations and
those Of the United States following the
meeting of the representatives of the
iron and steel manufacturing industries
OF the world In Europe three years ago.
In this connection Judge Gary declared:
without giving reasons in detail at the
present time 1 venture the opinion that
the struggle for commercial supremacy
was the underlying cause OF the war, or
at least had decided influence upon its
precipitation; that the questions at issue
largely relate to dollars and cents.
And many believe, IL representatives
of the different nations had previously
met In spirit of friendly and considerate
inquiry for the purpose of definitely and
finally settling the financial interests of
each, all trouble would have been averted
EXPORTS NOW INCREASING.
But. what of the future? We are al
ways comforted by the fact that the pro-
ductlve capacity and actual production
OF wealth in the United States is growing
year by year; and this ability to produce
will not and cannot be diminished. Be-
sides, at the present time. the exports OF
a large variety of commodities are in
creasing, and although not equal to the
volume reported just prior to the COM
mencement of the war, yet are much
larger than at a time following the be-
ginning of the war. This will have a
material influence upon other lines. All
are stimulated and brought into service
As to the long future l do not hes-
tate to say, with emphasis, that the op-
portunities for progress and success in
this country are greater than ever before.
III we can get out of the ruts of antago-
nism, inconsistency, distrust, hypocrisy,
Individual indifference to the rights and in
terests of others, which seem to have
prevented natural and legitimate progress
during the past few years, 80 that the
people generally will not disregard per-
sonal ambition and will work together
Joining hands, for the protection and pro-
a disposition to utilize to the best adyan.
tages the privileges which this country
affords, 1t will be only question of time.
and short at that when the United States
will be firmly established as the leading
country of the world Times and condi.
tions are auspicious.
FAITH IN OUR RESOURCES.
TT is wise for all of us to place our
faith in the WONDERFUL possibilities of
this country. In this connection It Is to
be remembered there is a growing senti-
ment throughout the country in favor OF
Just and fair treatment to all the peopIe
and all departments of human endeayor.
1t now seems clear that in the future
greater regard will be had for the rights |
and interests of all classes OF peopIe |
without discrimination. Equal justice will |
be done ALL rich or poor. strong or weak, |
Politics or partnership will not be |
used to obstruct the normal and Iegitt- !
mate growth of the country: and one
of the most gratifying and encouraging
signs of the times is the attitude of the |
leaders in public discussion and OF the
OF public affairs."
AS to the Anal result Of the European