Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1915-07-02
PLANS ARE PERFECTED
FOR TRADE EXTENSION
Better Acquaintance Week" VIII
BE Event In History Of
City.
ENTERTAINMENT IS PROVIDED

ENTERTAINMENT IS PROVIDED
L. NJ. Darlington Praises Reserve
Bank System and Predicts Great
Future for Richmond - johnson
and Dabney Among the Speakers.
Plans for launching an extensiv,
campaign Of the Trade Extension Blu
reau were announced last night at n
meeting Of the members at the Bust
ness Mems Club. and an enthusiasm
that Is far beyond the trade interest
was developed by the addresses Of T
NJ Darlington. Norman II. Johnson and
w. T. Dabney, business manager of the
Chamber of Commerce. The Better
Acquaintance Week." which is to in
crease and improve the trade interests
between the two Carolinas and Vir-
ginia. will begin on August Is. accord
ing to the plan mapped out by Horace
F. Smith, manager of the Manufacture
crs' Exhibit. On the opening day an
informal reception will be held for the
visitors at the Business Mems Club,
and all the visiting merchants will be
registered. Entertainment will be af-
forded by Polk Miller's quartette. on
Tuesday, August II. reception will
be given at the jefferson Hotel. and
reports from the committees Will be
received On August IS the visitors
will be entertained from to 10 o'clock
on boat trip down the James River.
EVERY DETAIL. FOR
ENTERTAINMENT ARRANGED
On the following day the visitors
will be entertained at a cabaret show
on the roof garden OF the Richmond
Hotel, and on August 20. the last day
OF better acquaintance week" there
will be informal entertainments. On
Saturday. August 81, the good-bys Will
be said. and the guests will depart
with better knowledge OF Richmond
and of Its Importance as a trade CEN
ter.
W. B. Broaddus. chairman of the
Trade Extension Bureau. presided, and,
after lunch. introduced the speakers.
All spoke OF and urged a spirit OF
cooperation. E. B. Sydnor said that
all interests should cooperate. and
not obtain.
T. ~ Darlington. president Of the
Independent Tobacco Dealers Assoc!a-
ton, struck the keynote when he re-
ferred to the advantages of Richmond
as business center of the South, and
which have been placed within her
grasp.
CARRINGTON PRAISES
RESERVE BANK SYSTEM
The Federal bank system" said Mr..
Darlington, us the greatest constitute
tive piece of legislation since the War
Between the states, and without the
assistance of President Wilson II would
not have been in operation. In the
opinion OF those who should know II
has saved banks and fnanciers from
bankruptcy. and has established
financial confidence that could have
come In no other way. 1t has been
the cause OF cheap money and of good
financial conditions. and the laws under
which the banks operate have given
the banks power to Issue a currency
freer and more liberal than We have
ever seen. There is no limit to the
amount OF currency which will be fur
nished to a solvent bank.
Local conditions In this territory
have some aspects which II would be
prudent 70 notice The war, with It's
any trade condition on short notice.
That Is a factor which we must con-
slider at all times. and we must be
prepared for any change which may
result from the present stress In Eu-
ropean affairs"
crop OF Virginia Is valued at about
s2l, oo0.0 900. and the tobacco crop OF
North Carolina at s25.ooo,o00. The
crop OF potatoes, he said, was OF medium
proportion. and 1t is expected that the
prices Will be lower on potatoes than
they were last year. The peanut crop
he figured to be worth about s5,000,000
but the prices have gone down on &C
count of the large productions in Mis-
sissippi and Tennessee. The cotton
crop. he said. would be smaller than IL
was last year, because there has been
less planting.
Richmond" said Mr.. Darlington,
laf@ % ich
Mr.. Walters, of the Atlantic Coast Line
Railroad. recently told me that we
would soon see 100000 people here
fear he was talking too eXtravagantly.
But the opening OF the Panama Canal
and the great opportunity thus given
TO us of trading with Southern coun-
tries renders us possibilities which are
too great to conjecture" He said that
when a union station was established
when the post-office is enlarged. when
the Locomotive Works increases its
labor, when the tobacco interests is
limited only by warehouse facilities
and labor, and when all other interests
all men qualify for registration. Rich
mond would be a second Detroit-the
greatest city in the South and the
gateway through which all business
venture must pass.
Norman III. Johnson. pleading for
larger activity among Richmond enter
prises. said in proportion to the busi-
ness patronage given them the news
papers of Richmond are the best in
the South" Newspapers" he con-
tinued. ARE business enterprises, and
there Is no other way of receiving their
support than by giving them our proper
advertising. We must help them to
help US"
w. T. Dabney, business manager OF
the Chamber Of Commerce, made a
rousng speech in behalf of co-opera-