Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1920-11-14
BANKERS DECLARE AUTOS
LOWER HIGH LIVING COST
tBc'icrc Credits Should Be Extend
n ed to Responsible Car
~ Owners.
ST. LoUIsAN WRITES KLINE
Sets Forth Financial Policy Which
q Recognizes Motor Vehicles us q
:. Time and Economy Unit---i:usi-
y ness ON Increase, Says Local Man.

j. A. Kline, vice-prcsident and gem
crai manager ot enc Kline Car Cor
,poratio1, preS!aen. OF the Virginia
automobile Dealers Association. and
president OF tho Richmond Automo-
alive Trade Association. is just in
receipt of letter through the Ma
tional Automobile Chamber OF Com
merco. written by John q. Lonsdalc,
president of the National Bank OF
Commerce, of St Louis. Mo-. in which
iic favors the encouragement OF. the
automobile business as a means Of
lowering the high cost of living.
He sets forth in his letter q finan-
cial policy. which recognizes the
motor vehicles az n time and econ
omy unit lie recommends the finan-
cling OF cars on tho basis OF the bust
ness standing OF the client. Mr..
I|onsdalc's letter Is az follows:
Mr. I.onHdnfc's Letter.
You asked mo about the motor
car business. and an am leaving for
New York on Tuesday. and knowing
Of the bank, am taking this OPP
!ortunity to write you on the sub
jeci.
This is an age of electricity and
the telegraph and telephone. Bust
ness is transacted not only nationally
hut internationally by wire. Money
Is transported by telegraphic trans
hard-surfnced rOads and automobiles
against the country worn road and
the OK cart In the rut, nobody wants
TO go hack to The old days II the
nigh cost OF living is a problem and
"a mans fixed expense " to be reck :
oned, we must have Il time saver.
whether II be the telephone. tclc-
graph. tho swirciees, the automobile
OIL .r
the airplanc. II makes no difference
whether man is bricklaycr.
plumber or banker: IL s.s slime Is
worth anything 1t Is economy TO
iimit his period OF transportation
America III not Il nation of diplomats,
poets and artists. but shir;slccve
ousin ess people. who excel In do
nestle industry. What In the use for
man to work hard to raise feed for
a horse when he can save tho horses
feed by motive power! And SO !, Is
admitted tina, the tractor performs
great function. and that tho truck
Is a connecting link between the pro-
Queer and tho consumer. enabling
door deliveries. Therefore. through
process OF elimination. the passc l.
ger automobile Is tho only thing At
ISSUE.
short-SIxhted Policy.
1T would be poor economy for a
ply to destroy a few rats. 1t would
also be II short-sighted policy TO put
= blight on the passenger automo-
ni". which Is business car and 4
time saver. in order to Try to cure
.tn isolated case OF a youthful Joy
rider Even the enthusiasm OF youth
~ something TO he envied and a con-
dition that money cannot buy, 20 II
ones outlook Is healthy und whole
some he will bless tho man who
harnessed electricity and who divert
.d gasoline into channels which make
motive power and thereby caused the
tractor. the truck, and the automo-
bile TO be possible. The history o.
the American people shows IA, the
luxury OF yesterday bee, 5 the
necessity OF today. Many " ago
when our forefauhers had wooden
doors and sliding shutters for win
dows. window glass WAS considered
10 a necessity even for the poor.
letting sunshine and happiness dow
from without. and keeping within
the warmth necessary to home COM
fort II there Is a feeling Of un-
rest. IT ST. aid he corralod and capi-
tallzed for good road building and
thereby help mankind on his way OF
progress.
AS to who Bhouid buy an auto
mobile. this Is IN Individual question.
which should be solved by every one
Just the Same AS each man who has
10Y or sorrow or other OF life's prob
lens has to work them out indiyi-
deal with them by any fixed rules or
regulations. a motor boat is a good
thing, but Tor a man to learn TO pad !.
ole his own canoe, 1t must he self
propelled. On the other hand. n
mans wits will not be sharpencd nv
"eeP'ng hia nose to the gnndstone
Kline HnfhH