Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1918-04-29
OF GREAT THINGS
IN GREATER RICHMOND
lianges That Have Conc Over Our
Dreams in tho Last Quar-
ter OF Century.
ACTS BROUGHT OUT BY LOAN
ountry Docs Nothing on Small
Scale Nowadays - Richmond No
Exception to Rule-Butchcrs and
Bankers Talk In Big Figures.

The third Liberty loan drive has
Finished new evidence that Richmond
longer does things in anything like
Shall way. This is the day OF big
ings, big enterprises. big invest
erts. big work. What a wonderful
lange in business methods have come
bout in this good old town within
10 last quarter IA century. Rich
fond men no longer talk in tens and
Indreds. but all the business talk is
1 tens OF thousands. hundreds OF
Biousands and millions. The type
Filters no longer put down one, two
lid three figures when the operator
talking business, but five. six and
'vni. figures arc used when mentioning
pillars and more than seven when We
b Tx tons, pounds. bushels, feet. yards
I'd other weights and measurements.
Richmond has gotten out Of tbs
|Abit OF using little figures. and the
/, me is true OF other cities in other
(trts OF the country. 4 number OF m.a
/ icnE business career in the financial
,gtrict Of New YORK. were talking
bout the third Liberty loan the other
lay. and. according to the Wall Street
>urnal, they agreed that the amount
1 money available in this country
ems TO be incXhaustiblc
where docs all the money come
lom?" oucrieG the oldest member Of
he group. Twenty years ago all tho
illionaires in this country numbered
SIS than sixty. There were few cor
|7rations which could afford TO take
100000 from working capital. much
Qas millions. Sow wc have four cor
Forations subscribing ar aggregate Of
k5.0ooooo TO ono issue or United States
binds. and tho end IL not yet"
Two talk in billions now as VIC did
millions two decades ago" continued
lie member Of tho company who had
(omcntary resources Of tho country do
|,t differ much iii that regard from
lie human resources. Then an army Of
100000 mon was cons dcrcd enormous.
I'D now VIC speak rIiblv Of an army
| 5000, 900 or 10000. orn Truly. We
1--WE progressed since Was qualified
/ cast my first vote"
1t is much the same way in Rich
ond, Had loan been noatcd a quar-
|r OF century ago tho government
ould not have thought 81 asking
edmond TO raise A million dollars for
|. 4 matter OF two or three hundred
|,cn considered about Eichmont's
|iota, but nor Uncle sam comes along
,rce times year asking Richmond
l,r loans az nine and haf TO fifteen
flion dollars Al time. and whats
ore he gets more than no asks for
wcnty- five years aE" no business
Puses or corporations i'm this city
ou'd have spared tho money from thotr
usiness TO invest IN bonds. and prob
ply no bank. could h.vo done il In
|;vidual members Of tho firms or cor
'orations or private stockholders OF
arious banks would have been wha,
ouid have then brcu considered ILL.,
raj subscribers. but. very fcw. II any.
enccrn. would have Subscribed ~ their
orporate capacities.
Now II il different. Such concerns
re hiS subscribers VARYING from
10000 upw3rd 10 as high AZ 100000
nd maybe moro. In addition TO this,
,c individual members of AL % these
puccrns have become liberal bidder
Or the bonds Of all tho issues So far
GATED, and as tho New Yorker said or
is town: II looks as II the supply OF
his kind OF money Is we'll nign mex
rustible.
II is the same way wiki other things
hen Richmond men undertake u sky
crarer, or an apartment house. or
chool building or hospital buildings
nero is nothing small abou, them. and
hey speak in big figures all the time.
Tho writer talked with two Rich
,ond butchers tho other day and the
ubject was the reports they have 20
rake 10 the government i'm these war
INES concerning their stoche. etc. |,
eNoiopcd in the conversation that tho
srticular reports under discussion
ave 10 DO made only by mon doing
lore than 100000 OF business per
mum. and II was learned tina, there
re severai whitc-a pronch STEAK carv-
RS doing business here who have 10
axe such reports Indeed. this Is a
~ OF great thinES--ln Eichnlnnh