Yellowstone monitor. [volume] (Glendive, Mont.) 1905-1928, 1915-04-15

while the east Is hoping the west
will begin to feel better and buy more
merchandise or borrow more money,
the west is keeping its ear to the
ground to see If the east will not pass
out word that the country can 90 ahead
and do business without any danger,
and there the situation stands walt
ing for someone 20 carry the word to
the east from the west and some one to
bring the good cheer out west that the
east is willing" said Will A. Camp
bell of Helena, who returned Monday
from New York City and other east
ern cities where he spent five weeks.
New York City, by which I-mean
the really big business houses, feels
fine, confident and sure that this will
be big year. The only one fear
in the heart of the New York business
man is that something will happen to
draw this country into war with some
of the European countries or Mexico.
Is Up to Wilson.
'In ten days l heard no other COM
plaint, no other fear. If Wilson con-
tinues to keep us out of trouble we
will be all right said the vice presi-
dent Of one Of the big automobile tire
companies. Wilson will render us the
greatest service OF any president since
Lincoln il he will keep US out of
trouble abroad" said banker whom ]
met with the financial editor of New
York paper.
"And this was the feeling every
where--that business was all right and
things were sound, confidence grow
ing every day because of the policies
to the Wilson administration which
more than anything else had given us
the reserve bank system and kept us
out of trouble.
Looking to West.
New York looks to the west and
many manufacturers are coming to
Montana with their goods for the first
time. / called on one of the largest
manufacturers of corsets in the United
States and talked the situation over
with him because he used to be the.
owner Of a newspaper and knew he
had some extra good vision. He sent
for his bookkeeper when l told him
business in Montana was good and
was on the increase. He gave the
bookkeeper the name Of q Helena firm
his lines When the figures
were returned to him he whistled in
establishment and said Double in 1914
what they bought in 1913 and their
orders for this year double what they
were in 1914 for the first three
months"
"You have to 60 out OF Helena to
find out what Helena is doing, but
found it out in the Office Of a New
One Line Overdone.
"The one line which has suffered has
been suits and women's readymade
clothing. l asked a dozen men who
should know why this was, and my
authority is a man in the business OF
Lord & Taylar. He answered me in
one word 'Overdone.'
Another man told me that every
time a few suit statesmen got $4,000
together they started to make cloth
ing and the failures in down town New
York were counted by the score, SIM
ply because these little fellows with
Little capital and no credit went into
a field which is already filed to over
flowing. l expected to find the auto
mobile business the same way. but
with all the manufacturers, assemb-
lers, jobbers and others interested, 1
did not hear an automobile manufact-
urer complain, but on the other hand
four Of the largest manufacturers OF
tires told me that this would be their
greatest year in point of sales.
Would Extend Credit.
New York and the east will do g
tremendous business as long as the
war continues on export stuffs. Mr..
Morgan is in England at present as
the representative of the big mer>
chants and manufacturers more than
as q representative OF the bankers,
and his proposition is to extend Eng
land and France credit for $50O,OO0,-
900 Of supplies s-food and clothing
at once II they will put up American
railroad securities as collateral or TO
secure this credit. This means the
bringing home Of half million dol
lars worth of bonds which we're sold
to build our railways and which should
have been taken In this country IN
the first place. Arrangements are a.
20 to be made BY . handful Of New
York bankers to underwrite the cred