The Birmingham age-herald., 1917-01-20
BIRMINGHAM OFFERS NOT .EQUALED ANYWHERE General Western Manager of "The Financial World"
 Gives His Impressions POINTS OUT WAY FOR FARM DEVELOPMENT With Improved Agricultural Methods, Millions Can Be Secured at Low
 Rates for Advancement of
 Rural Sections

d cuAucc 10 get aneuU, | WOutu Says
 sGo to Birminghams open your
 eyes, look around; go to work and
 use just ordinary common sense
 and steal just 10 years the pro-
 cession. The parade is headed south
 md is carrying Alabama colors to
 the music of a Birmingham
 band.,v
 The above from an interview with E. J. Hutson, general western manager of The Financial World, and recent visi- tor to Birmingham, bespeaks the interest of the people of the west and north in the development of this district.
 MT. Hutson, who is recognized as an authority on financial and commercial subjects, spent some days in Birming- ham and made a general survey of condi- tions in thisAeection The investors of and Birmingham is the one particular spot which is best known and best thought of by the financial interests of the country, according to MT. Hutson.
 He states, in an interview prepared at the request of The Age-Herald, that he has been informed that the United States i1eSOi SOl pol dtAOll IS Plduillll6 u SQSIu S3o,00o,o00 in developments in the Bir- mingham district and that more will fol- low in working out the plans which the corporation has for Birmingham.
 MT. Hutson takes occasion to call at tention to the chief draw back to devel- opment in Alabama and points out the means by which this hindrance can be removed. The lack of rural agricultural development is holding back the growth of Birmingham and the state of Alabama, but these conditions can easily be op- viated, in his opinion.
 FEW FARM LOANS
 Attention is directed to the fact that something more than 100 insurance com panies in America have $700, 100000 in- vested in farm loans, of which huge sum only little more than $1,000,0o0, has been put out in Alabama. Improved agricul- suit in untold millions being loaned Ala bama famers at low rates of interest, declares MT. Hutson.
 Birmingham is frequently spoken of as the Pittsburg of the South I would like to turn the clock just 10 years ahead and hear them refer to 'Pittsburg as the Birmingham of the North,'" said MT. Hutson. ''It is not such far cry after all, and in my judgment just about this cOnululOn VIII prevail III l9zl
 Tt strikes me that your city offers the very best opportunity for investment that I know of anywhere. You have cer- tainly accomplished wonders during the past 32 years and there is plenty of indi- cation that your development will be practically doubled in the next 10 years.
 Probably the greatest single factor in your growth and development has been your boom spirit You have it here to marked degree; it stands out like the knob on door; it absorhs one almost on landing in your city. Your men carry it in their walk, their speech echoes 1t and your women flash it from their eyes. Even your boys evidence it at play. They show aggressiveness and hustle. Your streets show progress, and your stores and buildings tell of up-to-dateness. No wonder that you are going ahead by leaps and bounds.
 THE RIGHT SPIRIT
 q was particularly impressed the day after my arrival here by something that saw in The Age-Herald. It was an ac- count of the failure of Birmingham to have located here the big federal farm loan bank. One of the committee having the matter in hand q believe it was MT. Oscar Wells) was being interviewed by reporter. He spoke about as follows: w ell, we lost. NOW loC'S go a1ter SOme- thing else It is just this spirit that inn presses one so much on entering your city.
 T am wondering if your people realize to what extent the eyes of an investing nation are turned in this direction? In my travels hear the word, Birmingham more frequently than any other. The men with the responsibility of investing hun dreds of millions are casting longing glances toward the south Undoubtedly this section is to be their next field of operation.
 T believe that Birmingham Is best pre- pared for the invasion of any of the southern cities, You have not slackened up as great many have, and you are still going. There is great advantage in this. With your wonderful natural re- sources and the development that you have already made it would seem logical and reasonably certain that Birmingham Is to become The City of the South
 You have very great advantage in having the steel mills located here. am told that the Steel corporation contem- plates spending Something like $S0,000 600 in expansion and improvement. Anyone who knows anythig about the Steel cor poi alton knows that when this giant of in- dustry decides to spend so large an amount in any, locality it does not stop there It spends as much more; double again and double as much more. It Is not the policy of this company to throw its money away, and it, therefore, stands