West Virginia argus. [volume] (Kingwood, W. Va.) 1877-1946, 1915-09-16
The TriumphI Progress Of Business
Ia the United States

~" INV t"fsu rtuit>
There are some business exhibits
that TO the minds OF experienced BUSH
ness men need no detailed explanation
to convinc~ them as to their signifi-
cation. exhibits that are in them
selves so convincing that il is unnec-
essary To elaborate in words as to
what they stand for and represent.
Such an exhibit is that OF the Penn
sylvania railroad this week i'm the mat
ter OF the active operation of it's en-
tire equiment. and the Post feels that
no stronger evidence OF general pros
perity in the United States can be of
fered than that of this car statement.
But few months ago the Pennsyl-
vania railroad had $4,000 idle cars on
hand. and yet the wise and shrewd
management of that road. reading cor
rectly the signs of the times and fore
| seeing the activities now prevailing,
placed orders for additional car equip
ment.
The statement was made in New
York on September 1 that on August
81 every car of the Pennsylvania that
was in serviceable condition was doing
duty on the rails. earning money for
the shareholders
III there be left any pessimists in
the ranks Of the business men of the
United States this condition OF affairs
upon the lines of the Pennsylvania
surely should cause them to cast away
| their gloom and transform them &c
| cheerful optimists. There is not q
| thoroughly trained business man from
| the Atlantic TO the Pacific but will re.
| cognize at once that this exhibit OF
| traffic upon the Pennsylvania reflect.
| the highest tide OF business ever ex.
perienced in this country, for never IL
Its history has the railway possessed
such facilities in the moving of train.
rapidly and of obtaining the creates
results through operation, nor has i
ever owned ana controlled as many en-
gines and cars as it does today.
The exhibit of the Pennsylvania in
this regard of volume OF business /.
| typicai of the present exhibit of bust
ness of the nation.
| The financial situation is portrave,
by the president of the American
| Bankers Association in an interview
published on last Wednesday. VIII,
more competent to speak on this sub
L than In, hf ng
| ton?
| The volume of money on hand is s,
| great that il cannot find a natura
outlet. The movement of the tremen
dous crops, with the attendant finan
cial activity, will further increase banl
reserves, already greater than the,
have ever been"
The financial conditions call fo
banking support of all conservative
Legitimate and safe business enterpris
es in the way of development of on
industries, OF distribution of product
and outputs and the promotion of con
struction in our cities where the need
of construction are found to promis
safe and profitable returns.
The financial institutions can do
much safer business for themselves
and much better business for tn
communities and much more bene
fetal service for the country by aiding
manufacturers, helping out worth,
and deserving merchants, and stand
ing firmly back OF the builders an,
construction forces in their RESPECTIVE
communities than in concentratinI
their resources in the sustaining of
probable boom for the benefit of stocI
SPECTATORS
These legitimate business enter
prises will afford the financial institu
tions the natural outlet for surplu
funds and place those funds in chan
nels which will benefit the masses O
the Washington Post (RepD
/ --s.-