The Birmingham age-herald., 1918-11-17
PROSPERITY SHOULD CONTINUE

Upon a careful survey of the situation is would be found that there are many reasons for believing prosperity in this country should be continued. The Uni ted States Is the richest of all countries. It possesses one-third or more of the total wealth of the world. It has become the leader of finance, and in this re- | spect may properly exercise a command l ing influence Its natural resources are \ immense and are susceptible Of in- ! creasing development. If industry is protected and fostered in accordance with it's merit. the war burdens surely, ! even though gradually, will be lifted. We shall be a creditor nation with large 1 interest and income, more virile, more progressive, more successful wiser and | better than ever before.
 I And judging the future by the experi- | ence of the last few years, there will be | disposition on the part of those in | authority to assist rather than to att tack business effort. There will be study, 1 reflection and friendly concern shown in relation to the needs and requests of enterprise and investment. Legislation and administration will be founded on | ascertained conditions. The deficiencies and requirements of both capital and labor will be protected and rewarded. Employers will lead in the effort to promote the welfare of their workmen.
 ALL WILL COOPERATE
 "Co-operation will be seen on every hand Capital and labor will continue tc cooperate with governmental adminis- tration and the latter will reciprocate ir every practical and proper manner. This spirit has been exhibited in a marked de- gree in this country and other coun. tries during the last four years, and its benefits have been demonstrated so clear. | r.nf1t f the methods of destructive competition "As to the volume of business t = 1 be offered during the next few months ! or years, none can predict accurately bu there are reasons to suppose 1t will b large The government will continue t be large purchaser at reasonabl prices for the finishing of incomplete' | projects and others contemplated for tn changes which will be incidental to peace basis. In this connection it will b observed that the war industries boar and other governmental departments ar already considering methods for assistin in the readjustment of business withou serious disturbances or injury to gen eral conditions
 Besides, there has been in all line of trade, an accumulation of order which to a large degree at least, will placed so soon as the supply may justi ". houses throughout the country, lare quantities of finished materials will [
 required. Moreover, in non-producin countries it has been impossible to SUI
 ply their necessities on account of u lwar requirements, and these will con
 mence to buy as soon as it is practicapl
 so that large increase in operation
 may be expected. Extensions and ne
 constructions which have been necessa
 fly postponed for lack of material W
 be taken up.
 NEW MONEY IN HAND
 And with all this is connected u
 thought that as net result of the wa
 the volume of cash and cash resourc
 has been increased in marked degr
 and will be expended for purposes or e
 pansion and development in this I'll
 and growing country. The circulation
 money is considerably larger than 1t W
 at the beginning of the war.
 THE OPTIMIST WILL WIN
 "As a general proposition it is St
 true that the optimist who keeps with
 the limits of cash or stable cash
 sources will succeed For the long futu we have reason to believe that the cou
 try will be more progressive and mo