The Daytona daily news. [volume] (Daytona, Fla.) 1903-1926, 1921-02-06
Michigan Banker
Most Optimistic of
Business Future

ilUii. anu hrs. II. W. LluitneFuldil VI
Detroit, are the guests OF their old
friends and neighbors. Hon and Mrs.
a. y. Kummis in their apartments in
the Kemp apartments on Atlantic
avenue Messrs Zimmerman and Kim
mis- formerly were neighbors in Pom
tiac and were fellow members of the
Michigan legislature during the stor-
my political times in that state when
the erratie, but progressive Pingree
the Detroit shoe manufacturer was
governor. Since those memorable days
Mr.. Zimmerman has held various 9TH
commissioner which he held for sew
eral years He Is still a mighty act
i've business man being still president
of the National Bank OF Pontiac and
vice president of the United Savings
Bank of Detroit
IF its business conditions you want
to know about" said this very affable
gentleman when approached for a
little talk about matters in the north,
Il am very glad TO say they are look
ing much better up our way and | am
very optimistic of the almost immed-
late future 1t now begins to look as
If big things in the way of business
developments are near at hand Our
auto factories are increasing their
forces every week now and while
am not looking for normal conditions
at once. there is every evidence of
permanent Improvement. There Is
I feeling of souDdness but of course
large interests will proceed with a de.
gree OF moderation. or course we will
not go TO pre- war prices either. as to
commodities or labor but they will go
to a lower level than they have been
/ or are now, but believe they will soon
( linda new level where they are likely
/ to remain for many years to come.
I Henry Ford has just distributed anoth-
er $7.000.000 bonus among his men and
our business houses got the benefit OF
this, | tell you he is big asset to our
city and state. He Is a much misun-
derstood man. While he Is not
scholar, he has a soul full of human
1 kindness and most Bagnimonious
spirit. He is greatly admired by those
who know him best from his humb
/ lest employee to the most important
lipancier in our city Tie has a clean
1 open way OF trsnsacting big business
land the world never knew better
kor wiser money distributor Mr.. Ford $
sambition is 10 build the very highest
( type Of manhood in his workshop and
i seems TO me this is as noble an am.
bition as q man can have"
With regard TO the unfortunate case
ot senator Newberry, Mr. Zimmerman
observed: This IS verv sad case a.
his friends aud associates are among
the best and biggest mon OF Detroit.
He has already been punished more
than some would be by a long term in
prison. lie is very proud spirited aud
has been Inundated to the earth. II
GEMS 70 me Justice will be as we'll
served Il he escapes the pentiten
tiary
When asked for his opinion a. 10
The future If Liberty bonds. Mr.. Zim
norman very earnestly said The,
are as certain to appreciate in price
- The sun is to shine aud do not
think il will be great while until
they are substantially higher They
are the best security there is and
would not dispose Of them The, vii
sell above par some day aud the long
time ones Viii in time he worth the
most As soon as the general Interest
rate drops and IT Is on the decline
now the price of bonds pill automat
ically 20 up.Thcre is already a chang,
for the better in the business feeIinI
because OF the confidence the peopl,
have IN pfcsidentelect Harding II,
has ceftainly given a magnificent az
count of himself since his nomination
doubt if the party ever had candi
da'c whose attractive personality an,
wise treatment OF all matters brougb
before him during the campaign
brought more popularity to his part
on more votes TO the ticket. In GU
state. as in others, the strong ant
Wilson sentiment had much to d
with The unheard of political ianl
slide.
This is Mr. Zimmerman's second III
il 70 Dayton Beach, he having beo
here two years ago. j have often toI
The people north about tbs wonderft
beach he said, "aud I want TO as
whore yon folks get so much none.
The development here in two yeai
has been marvellous can scarcel
believe my eyes when | see ii. Ia
years ago many Of the young me
were stil in the war aud there WEI
not many men about. the tourists thi
we're here We're largely women | ce
tainIy predict a great future for III
| beach section I also want to spes
81 your magnificent auditorium Tn
was not here on my former visit al
was surprised and pleased to see
| Il would do credit TO much larg
| population aud you certainly mu
4 have SDFup ppnprnus ryograszfVa a,