Atlanta Georgian. [volume] (Atlanta, Ga.) 1912-1939, 1914-02-01
LEADING BUSINESS MEN
SIGHT CLEARING SKIES
IN FINANCIAL SITUATION
First Month of 1914 Is Declared to
Forecast Unprecedented Prosperity.
VII. Kriegshaber, Col. F. J. Paxon
and E. V. Haynes Present Views.

IN some Instances even branching out.
Why should they do this II they 40
not have confidence in the business
Of the country, for not only the next
twelve months, but for several years
to conner II they didn't believe the
business was to be done, they
wouldn't prepare to do It,
our troubles in 1918 were not near
ly so bad as many of us thought
them.
Development Now Normal.
The last year was just unfortu-
ural periods OF retrenchment and re-
adjustment following a period Of ex-
traordinary development.
However, / do not believe the
opening up of business now will mean
a succeeding period OF financial strin-
gency and poor business, because the
development we now are making is a
healthy, nomal development, which
can have no III after effects.
1.-THE farmers and merchants who
were In debt In 1913 are out Of debt
now and ready to spend money. Par
ticularly is this 50 in Georgia. Give
us another crop like the last one and
we will ride the crest of the waves of
success for years to come.
II firmly believe that Georgia will
be among the most successful and
prosperous States in what promises
to be an extraordinarily successful
and prosperous nation in 1914"
Colonel Paxon Optimistic.
The rainbow il set in the sky"
said Colonel r. ]. Paxon, land the
clouds of commercial doubt and I'M
certainty are rolling by.
There's no use denying that bust
ness was rather sick a few months
ago Nothing really serious you
know. but business is very much like
a nervous individual. A few symp-
toms OF Illness will cause that pro-
spective patient to worry so much
about his health that he really be-
comes i'll, with no very good reason.
During the summer and early fall
of last year there were symptoms Of
business Illness over almost all this
country 1t even made itself felt to a
certain extent in the South, and even
Georgia, with its fine and profitable
cotton crop, was not immune.
But the symptoms were merely
evidences OF uncertainty about the
pending legislation. That Is all gone
by now and the patient-who really
wasn't so i'll, after all--is GONZALES
cent. and a good deal better than
that.
Ready for Biggest Year.
7 may say that l never have seen
prospects brighter for Georgia and for
Atlanta. Our firm Is preparing for
the biggest year In its history. other
firms are doing the same. The air of
confidence is general.
IF any special evidence we're need
ed that the South was n good place to
do business in, II Is to be found In the
recent attitude OF the New York and
Eastern bankers. They are loosening
up on their money in remarkable
way-and are showing a marked
preference for Southern investments
and markets. Money is now what is
known as easy and the merchants
and manufacturers are taking ad-
vantage OF the renewed confidence to
take on larger supplies of raw mate
rial and to increase their stocks.
II never had a grave doubt that the
outcome of all the recent agitation
would be wholesome and beneficial.
but believe underestimated the eff
feet. Atlanta and Georgia and the
South are Strengthened away FOR a
great run in 1914"