Atlanta tri-weekly journal. [volume] (Atlanta, Ga.) 1920-19??, 1920-10-26

TO one would describe JuQSe ElDeFC a.
N Gary, the head of the United States
Steel Corporation, as star-gaz1ng
optimist It is his business to see things,
not as he would like them to be, but as they
are. Peculiarly interesting, therefore, are
the observations Of this overlooking reallst
on the trend in industry and trade. Inc
people Of the United States" he says, speak
ing with habitual conservatism and canaor
"haye reason for confidence in the business
future. They need not be discouraged or i'm
patient." Flurries and showers are always
possible. he reasons, "but there is nothing IN
The atmosphere to indicate the approach Oh
a storm" "If there should be serious re-
action and depression, which now seems I'M
probable, it would be the fault of those VINO
are connected with business operation or
others who, by reason of official positions
improperly interfere, and not because or any
fundamental deficiencies in our resources
and opportunities" This is time, he con-
cluies, "for courage, composure and eau
tion," not for moping pessimism.
This counsel of cheer Is as applicable 10
,eorgia and her neighbor States as to the
.,untrv at large, and is given by the ablest
bservers in this region as confidently as py
,dpe Gary himself The fact is few parts
America or of the world are fundamentally
we'll off as the South, notwithstanding
,iors than dollars There is no denying the
robustness of that particular situation; and
POLISH indeed would be he, whether mer-
ant banker or farmer, who failed 10 90
; thoughtful best to tighten the common
irdens and serve the common interests OF
is hour. But let it be remembered the
nile that cotton has Weathered ugl1er seas
ian the present and come prosperously TO
,rt, The basic and hence decisive, factors
the case are all heartening With l9ZO
.op of less than twelve million bales and the
ord's undoubted need for at least fifteen
,illion from the South; with the certainty
4 American mills resuming their, activity
hen the present process of REIMBURSEMENT Is.
yer; and with continental Europe eagerly
faiting to buy large Quantities OF our cotton
D soon as credit facilities can be provided
it not probable, is it not inevitable that
God times lie ahead?
This reinsurance the South would have,
ven were she quite resourceless save Tor cot
on and were tied to that sole product, like
Crusoe to his island But consider the
wealth of her other harvests and the rich
ress of her other hopes; the gold of corn
field the fairness of smokehouse and crib,
the red-cheeked plenty Of orchards on thou
sand hills, the bounties of land where sum-
mer tarries through green October, and no
reason comes with empty arms. 1t is not to
! one-crop Georgia that we now look for
!heer when the cotton market grows slug
fish, but to a veritable empire of treasure
md opportunity. Does it count nothing to-,
lay that within the last seven years this
tate's tax values have increased from some
hing less than eight hundred and forty-three
aillion dollars to one billion three hundred
nd forty-five million? Does it count for
iothing that Atlanta's bank clearings
mounted to almost two and a half billion
olars during the first nine months of the
urrent year, while in the same period her
building record rose to eight million two
hundred and sixty-one thousand? Are not
hese locally unexampled figures, together
With like evidences from the South at large
nd the witness of Americas vast strength,
nough to send courage tiding and trumpet
ng through every heart? Courage is the
rue note Of this hour-with "composure
nd caution as Judge Gary counsels It is
he true note, and the only note worthy of
people who are stanch Of soul and bounti-
ully blest.