Washington standard. [volume] (Olympia, Wash. Territory) 1860-1921, 1915-01-01
COUNTY OFFICIAL PAPER.
CITY OFFICIAL PAPER IN 1919.
WHAT OF THE NEW YEAR?

Nineteen fifteen comes to AS with promise Of
much better things, with outlook for "A rcslunp-
ton OF trade in all lines. OF the return Of that
prosperity which this nation has lacked since the
pane OF 1901 and with a confd 'nro and optimism
among our business people in all lines that Of
itself will do much to restore the happier times,
We have quit talking and thinking hard tim S
what has happened is all Overland we are look
ing forward to "a good era, to lively trade and
profitable. And such a change Of heart is most
significant
We have been passing through the greatest
crisis in the world s history these last few months.
and yet hardly one in a hundred realizes it. All
Europe has been totterng and the financial credit
and business fabric upon which our myriadly in
terdependent modern relations had been based,
was scattered to the Winds broken and torn into
a thousand shreds. Yet the United States has
passed through that grave crisis with remarkable
fortitude remarkably ability and with the least
disturbance of it's business.
The REIMBURSEMENT is well it's way
things are beginning rapidly to return to normal
business after business is feeling the warming
touch of new demands for its products and idle
machinery, idle men are being put to work. Our
financial machinery has been set in motion with
unqualified success; our supply of ships has in
creased; our exports to Europe, South America
and the Orient expanding and must continue
to expand even more rapidly while the dslocation
in the worlds other industrial nations continues;
our monetary deadlock has been relieved by the
re-opening of the stock exchange and the restora-
ton of real call and loan market; our corpora
tions will be able to raise needed capital, our
merchants to discount their paper at reasonable
rates. our railroads, having received permission
to advance freight rates, in stronger position
and the various industries, steel, lumber, and so
on, dependent upon the railroads, will be stimu-
lated by their renewal Of purchasing our farmers
have harvested bountifu crops and selling
them at most satisfactory prices, and American
investments today are the soundest in the world,
fact which European investors are not likely
to overlook.
These are the factors which are making for the
better days we confidently hope and expect will
come to us during the year Of which this is the
first day. Let us not in this category, overlook
the influence of the two expositions at San Fran
cisco and San Diego, which will attract thousands
to this coast who have been here before,
who hardly know us, and out of those thousands
is it too sanguine to believe that some hundreds
here and there will invest and locate among us?
Nor let us forget that more important element in
forwarding this Pacific Coast the Panama canal
for already its beneficial effect upon the lumber
trade alone is being felt; nor locally what the
proof of producing oil field, something in which
this newspaper has not only the greatest hope but
the utmost confidence, will mean to u.s.
So we say to you and bid you speed it on to
all-Happy New Year