The Birmingham age-herald., 1914-10-13
GROSVENOR DAVE
 VERY OPTIMISTIC Says Conditions Will Inn prove Greatly in Month IS WELL INFORMED Bases His Conclusions on What He Has Seen-Here to Arrange for Visit
 of United States Chamber
 Directors
IS WELL INFORMED

c. Grosvenor Dave. chief of the edi torial division of the United State, Chamber of Commerce and editor of tn, Nations Business, was in Birmingham business depression of the country will disappear within the next 30 days.
 MT. Dave Is one of the best informed men on business and industrial condi- tions in the country. Within the past few days he has visited many cities ane he bases his conclusions on what he has seen and what he knows His tour k partly in preparation of the visit of tn, directors of the United States Chamber Of Commerce to this and other southerl cities, being in Birmingham october 27 He was very optimistic yesterday, giv- ing out the following interview:
 Tt is pleasure to come into Sir mingham, city whose greatness ha. come from energy and optimism, ant assure the men of Birmingham that en eigy and optimism characterize nearly every city of the 17 that have visited in the last two weeks in the southerr states
 Tt would be foolish to say that there had been no depression, and that indus try is at this present moment normal Depression has existed since August i but that is not anything peculiar to tn, southern states. The whole nation has suffered from the shock of the Eu- ropean upheaval. and not this natior alone, but every nation on the face of the earth. When countries were more agricultural and less industrial theil struggles were of less international In. terest, but now that they are becoming more industrial and less agricultural d disturbance at one point is felt by all
 Bound to Disappear
 "As a nation, however, we have tc get one thought clearly in our mind the shock is not going to kill us. We are not dead; we are very much alive we have more of more things that the world wants than any other nation that we can name. It is this idea that is working in the southern cities and I am sure is also working elsewhere through out the nation. When we realize that great producing nations are cut off from all outlet. that the whole continent to the south of us has ben cut off from its usual financial life, and then realize that it is up to the greatest free and peaceful industrial nation of the world to set up new commercial relations to help the finances of troubled countries to the south of us, and to respond to the clamor of warning nations for neces- sities then we see that tomorrow must be brighter than today, and that a tenn porary depression Is bound to disappear just as the fog clears up in the morn- ing.
 Judging by the places l visited in the last two weeks, the expectation is that our period of depression along gen eral lines is going to disappear in the near future; long before the warning nations come to peace. The interesting thing about the cities visited Is that every port in the south is busy right now making physical preparations for bigger business. This is true of Whining ton, Charleston. Savannah. Jacksonville. Pensacola, Mobile, New Orleans, Calves ton, Houston and even Dallas, whose ca nalization of the Trinity river is going to be completed in the near future. l can also say that Orange, Tex, and BeauQlont, Tex, together with Port Ar thur, must not be overlooked in making such a general statement In each of these cities old docks are being re- placed with new or new docks are being placed where none existed before Sa- yannah is spending millions. so is Hous- ton. 1t stands to reason that none of these cities would be doing what they are doing unless they believed that the time Of an immensely greater commerce for the United States is near at hand
 Recovery Very Definite
 T find everywhere a very definite re- covery from the international shock to which this nation as a whole has been subjected unavoidably by the European war. Everywhere sober second sense is asserting itself and in each community have met men, leaders in business who realize the truth of the following ideas: First, we are at peace with all the world; second, we are the greatest indus trial nation not at war; third. our basic resources arc the greatest possessed by any nation: fourth. many of our re- sources the warning nations must have; fifth, the embargoes of the warning na- tions and some other tiInid ones present us a world opportunity along many lines in which we hitherto had strong compet- ton; sixth, we have hitherto exported only per cent of our manufactured products, consuming the rest ourselves; seventh. we are distinctly cut off from many of the manufactured products that we have hitherto been buying from the warning nations; eighth, for internal con sumption and for external commerce we shall soon be called upon to be buster tfan ever in farm and factory, in ports and in trading centers.
 T can assure the immense industries of Birmingham that optimism is grow ing every day, and that there is convfc- ton that tho problems of the cotton cror will be met with a masterly fashion that will release money, settle debts store surplus and give us year in which to turn around on the one great product that Is. because of the war confronted with overproduction.
 "The period through which we have gone will result in great good for us all 1t Is good for an individual, 1t is good for state, it is good for a nation to be brought now and then face to face with possible disaster for in every such case those who compel themselves to think more definitely and affirmatively than they tii+ in moments of prosperity Booming easily their way), come out of the trial stronger for it. This is what I frankly believe is the conviction of those who have understood the stupen- dous upheaval to which Europe has sub. jccted us--the greatest upheaval of the kind in the history of the human race. Clear thinking, disinclination to give up, ~G t Efx.r