Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1915-02-21
SENSIBLE TALK ABOUT
THE BUSINESS OUTLOO
Hest Way to- Get U'hinEn NIovinp-r,
All the Money We Gun Into
CtrcuIntfDu

What do you think Of the outloo
Tor things to open up In "A busiuo.
way. and particularly in Il fnanci,
way?'
Ihat is u question that is on my n,
ana whispered into many cars. In Nh
particular case. however, tho uucstin
was put to Editor Edmonds or ~
manufacturers Record, and came fra, =
~. IL. Lewis. an architect from som,
wherc down In Florida. The answer
Editor Edmonds is we'll worth rcadir,
Says he:
Perhaps an answer NAV bo -,
Proachcd by way or the suggestion
an incident Of Il few days AFRO i'm a SIN,
southern town. a farmer OF snn,
standing entered the establishments of
nerchant TO whom he owed SO. prcssc
Tor payment Of III" debt he rc,rh,
down into his pocket, brought FORM
healthy roll OF banknotcs with ouitn
number OF gold notes as the ccptr
peeled OFT $40 gold note and paid II
Ine merchant on account. That was nj
80 uc"'or gave no Indication that il
han immediate use for the rest or m
ron OF currency. lie simply dncliuod
meet III" fnH Indebtedness If sovnro
]niiiion debtors, with ready ,noncy
'heir pockets, refuse to meet their obli
E"''ohs' rctus" TO pay for goods thu;
nave come into their possoss,nn 49,
Win any idea of rcpudiatinis thcir 1ch,
Dut Siinply IN response to some una.
"hcu ana unorEanizcd impression tha
more important use for the money ,n..
"cNciop. thlhSs VIII moi open IN In
business way, and partirularly g.,
,n"hciai way, FOR some time to como
The most useless money i'm Ito ,,n,h
~ money slowed In the pocket or honrd
~ III some other way. II ccnscs for
,'hc 10 be currency. Currency now.
~ ns moving 1t keeps other thing
moving IT Is the same az Ia o,bcr -;
nI
certain things must he done sonnc-
.''e'' the sooner they ar. done If r,cili
,ies are AT hand. III" better /, viii n
.n'cr Mr' Lewis writes that tho tru.
,ro ,,,, sch"ois III Florida community
gre holding off buildint, on accn,n, :,
BUSINESS depression. and he adds
made contract with tho bo,r
f'Fa' months ago for two schools ana
,ncF later ordered me TO hold tho mar
,.t aor "a while on account OF the de
preston In business there
III funds are available ,or -,
hhilhing of these two school. ,nuj
Mo"iu seem to be tn" time IN hui,1|
'h"'i'. Even II materials. md l,hnrl
ih'En' not he had "A; lower terms than
usu"I. the very fact Of the authorities
oven I' ,,. VOTE OF III" kind would
"Pen UP some things. would sn,,r ,r
,''!tics and HAY" a mos, nncourf,r
ing erect upon citizens generally T.,
"u'ho'r or communities In ,he south
me campaign of Build Sow. has hnerl
-. .uF'hercd by just that sort OF loricj
ne results have justified tho enor,sy
Even where funds are no, av,nahI1
'heE may b"com" 50 through the ,or,
non OF public securities. Mann. rrc,J
ENGAGED In financing such proposi,lons
hEre" mat bond Issues for public i'm
pl"Nehchts are hcc"tfI::'t, more and
more desirable az investments I'D
that there is little In existing con,,J1
'iohS 10 prevent a ready marketing a a
tnr securities. only the other day i,.l /
tiinorc disposed Of Issues of g. ion no, u
bonds Tor municipal improvements t,ro,,I
""Fan'aEe"us terms. ana last Thurs
""s 'ht voters OF Rome. Ga, authorized!
bond issue Of 100000. of whlcbl
S'1.vrV are to 80 into the construc
ton OF municipal building and ,udf
forum and s25.0DO into the city's sb,r.I
or county hospital In the county
s-oo'o1o are 10 be spent shortly upon
'h'te concrete bridges, and the an
n"uhcein"ht has been made that ihe
beginning OF this work Will bc tho
iorc! runner OF a general building activ-
ny IN thc community Their. can be
HtiIe doubt about that
hut the campaign should be widcncd
'ht" one OF DO Now That means din
Whatever on" is able TO do that mus,
oc aonc. Tho reasons FOR hesItntipr
ahout doing more ar. passing 'rh.rn
never mas been good reason for mo,
u"'hS anything. Uncertainty In mann,
dominating fields caused by tn. .ur-
break OF the European war naturally
induced caution; internal arairs were.
provocative Of hesitation in business
u" war continues. with no end in
SIGHT some internal matters arc n,
IN" way of bcitcrmeut. Industries ar.
r'FirlnG. Men ar. again finding STEADY
nnpi"Em"nt after enforced idlcncss
me cotton situation. so acute a few
months ago. has Il far more hopeful
aSpc't. With fortuntc realization. bv
IN. way, that the relative inheritance.
OF cotton IN national economy is no,
~ Sfeat as had been imagined. and
IN" bounty OF other crops has largely
overcome IN" loss in the depressed
pro" OF the southern staple. But sin
months OF war have not ruined ,h,.
United states, and six more months OF
u. or twelve more months Of it, Will
not ruin.
In spite OF war. things must b.,
uohe III THIS country. In the dom.
OF 'hem the people will escape from tho
psychoioEic effects OF the foreign
trouble. and Will stir again al In.
hctirities upon which the prospcrity
ana the growth Of the country depend.
ihihSs viii open up in a business way.
Al q toni