The Birmingham age-herald., 1914-10-31
Judge Gary's Address

T was located at Johnstown Pa, dur ing the period when combinations of capi- tai and the formation of trusts were in their most active stage" said Col. N F. Thompson, who was formerly secretary of the Johnstown Board of Trade. q have long felt if the public understood the conditions that brought about these combinations there would be less room for demagogues and political agitators to awaken antagonism against them, espe- cially when the standard was at hand by which the good could be easily dis tinguished from the bad among them. Judge Gary's speech before the Steel in stitute the other day gave an admirable exposition of the causes of such formation and their results, and every business man throughout this country should read that address. There is a spirit of the utmost frankness pervading every line and a comprehensive explanation regarding the former and present trade conditions which should satisfy all fair minded citizens
 There had been a period of competi- tion in all branches of business in which no one regarded the rights of his com petitor, until all finally were forced to realize that while competition was the life of trade, so equally true was it that
 excessive competition was the death of trade and it was in obedience to the
 law of self-preservation that new order was instituted and industrial business saved from wreck and ruin. The only question left for the public to decide was whether such combination acted to the detriment to the public or otherwise and Judge Gary shows conclusively that the public was benefited from these con- binations in that they instituted larger development. better trade conditions, bet ter goods and at reasonable prices"
 Tool shops Rushed With Work
 The pig iron market continues dull but some of the optimistic salesmen think | it will not. be long before activity i, again in evidence. Matthew Addy & Co., { Cincinnati report says in part:
 "'Among the falling leaves some birds yet sing. said Landor, and he may have had in mind that even in pig iron ther. can be ray of sunshine now and then.
 'The week has been marked by fur, ther large orders of machine tools fol export. Many of the tool shops her, are rushed with work and have orderI for some weeks ahead. The question Il how long will this export business con t.nue It certainly is good while 1t lasts and there appears to be a prospect O
 more coming when the present orders ar, filed These machine orders have givei unexpected work to the foundries. ant some of this activity is slowly workinl back to pig iron. 5. "On the part of the steel mills ther has been further reduction in produc
 tion Of course there is no denying tha | these are dark days-not even the com l Ilaining cotton growers have had or ar
 having as hard road to travel as tn pig iron makers But the trade has no
 lost heart-and the memory is gratefu like the shadow of great rock in 1 weary land--of the surprising upwar'
 movements of pig iron in the past"
 The Beautiful Dian Apartments
 'srhere Is no more striking evidence o the approach of Birmingham to metropoli 1 tan standards than the erection of a mum 1, Der of elegant and modern apartmen 1 houses" said a travelled man,
 Tn my walks about the city I was at tracted by the Dian apartments archi Iteoturaly. and decided to look then
 through. was struck. not only with tn