New-York tribune., 1920-11-04
Predict Record
Business Era
Under Harding 2
Bankers and Leaders in
Commerce See Progress
and Prosperity in Land
slide for Republicans
8-Year Term, Says Gary
Strong Cabinet, Declares
Steel Head, Will Insure
Period Of Achievements

Leaders in the world of finance and
BUSINESS expressed clation yesterday
over the landslide that swept the Re
publican national ticket to victory af
ter eight years under a Democratic
Administration. There was general
feeling that confidence had been re-
stored and that Senator Harding, pro-
vidlng he surrounds himself with able
advisers, will be fully equal to the
emergency confronting him.
On the Stock Exchange trading was
still affected by conside ra tions outside
of the realm of politics, but brokers
agreed that after the present period
OIL readlustment has passed the Sc
curity markets will reflect the feeling
of greater confidence in the business
outlook. While the industrial list
hesitated. railroad shares moved for
ward under the leadership of Southern
Pacific and Reading.
Ebert II. Gary, chairman of the
United States Steel Corporation. re-
fectlng the opinion of many other
leaders in the iron and steel industry
predicted an eight-year term for Presi-
dent-elect Harding if he picks able
men as his advisers. In the opinion
of Judge Gary, the country will ex-
perience record prosperity and prog
ress should the Republican party live
up to its opportunities and RESPONSE
sbilities.
Predicts Larger Prosperity
Il am, Of course. very much pleased
by the result of the election" )" said
Judge Gary. THE Republican party
has great opportunities and equally
great sponsibilities. If it measures
up to the situation, we will experience
larger prosperity than ever before
There is much to do and every one
should do his full share in bringing
about normal conditions.
with strong Cabinet and appro-
pirate appointments. the new Adminis-
tration is certain Of an eight years
term and record of achievement
which will have decided influence on
the welfare of the people in this coun-
try and other countries as we'll. Yes
terday WAS d great day for civilizati ion
ASSiutHc IidIulHR ana ICE | fcSlUSnl
Coolidge will have the cordial support
of the financial, commercial and indus
trial interests Of this country and, in
turn, will render every proper and
practicable aid toward the attainment
of economy, efficiency and happiness
of ali who are deserving.
"The election demonstrates very
forcibly one thing: the women arc fully
capable OF exercising the right Of fran
chise. The country is safer because Of
their right and willingness to vote"
Good Effect on Business.
Views Ct leading bankers on Senator
Harding's election follow:
E. v r. Thayer. president of the
Chase National Bank The result Of
the election will have a good effect on
business. II will have q stahilizing
tendency. People may now look for
ward with some assurance Of steady
conditions and may know pretty we'll
what to expect for Il considerable tim o
to come. Irrespective Of political
opinion. people are glad to have the
future clearly mapped out.
Mortimer SchiT, Of Kuhn. Loeb {.
Col believe the election Of Warren
G. Harding will have a stimulating
effect on all business. The Republicsn
party has always been a Conservative
organization.
Barton Hepburn, chairman of tho ad
visory board Of the Chase National
Bank-l am greatly pleased with the
result Harding's majority was much
larger than expected.