The Birmingham age-herald., 1915-10-11
The Forrest Highway

An improved highway to develop
 rural communities has become as nec-
 essary as paved streets to the devel-
 opment of the progressive city," re-
 marked H. A. Wheeling of Rome, Ga,
 secretary of the Forrest Highway as- | sociation.
 | 'The building of the Forrest high way is an undertaking of the greatest | importance to every county, city or community through which it passes II affords new means of urgently need ed transportation and communication between two of the south's greatest l states.
 Accessibility to markets is the basis upon which rests the price and worth of farm products, and the value of
 farm lands An improved highway en- ables the farmer to market his crops
 at his convenience and not at the con- venience of the weather. Improved highways give the residents of the country all the advantages that resi- dents of the cities have. and they can at the same time enjoy all the bene- fits and pleasures and usefulness of country life.
 "The Forrest highway is the con- neoting link between the Dixie high way and the Jackson highway.<4t af- lords a moro direct route to tourists from the north to the Gulf of Mexico
 than any yet projected and it is safe to predict that the majority of the tourist travelling in this direction will travel this route, which will mean new
 money, new settlements and a greater enhancement in land values.
 The Forrest highway Will also be of great benefit to the territory it serves in further stimulating the building of good roads. in no fea- ture of development Is the south mak- ing more substantial progress, result ing in more general beneficial results. Tt is indeed wise county that puts | every dollar 1t can spare in good roads.
 It is an investment that guarantees handsome dividends to all alike" In the Buslness World Henry Clews in his Saturday review of the business and financial world calls attention to the fact that the | speculative spirit has been thoroughly | aroused and the further fact that | money is abundant and cheap at cur l rent rates. In discussing internation- al affairs the review says:
 Placing of the allies loan of S5OO,- l 000.000 in New York must be regard l ed as the greatest transaction and the l greatest success in financial history. For the time being it gives New York lifiad. in ha =
 money market; and. though London
 will undoubtedly regain it's leadership
 after the war, the importance of New
 York as a financial center has been | permanently advanced to close sec- | ond; the strength and position of Eu- | ropean financial centers having mean time been correspondingly diminished. Henceforth London and New York will l be the controlling factor in the worlds money markets. Should they ever choose to work together. as in the pres ent instance, they will prove irresist-
 ible. More likely, however. they will
 prove keen though friendly rivals in
 the coming struggle for the world s
 markets; for without support of the bankers, our merchants and manufac-
 turers cannot secure the coveted trade.
 after which the United States as well
 as the United Kingdom Is going in
 search with all its power and capa-
 bilities.
 The most important immediate ef-
 feet of the loan was very positive re-
 lief in the sterling exchange situa- tion. which had. reached stage that
 was rapidly making international