The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1921-07-15
BUSINESS PICKING
UP OVER NATION
Former Muskogee Citizen
Visits Tulsa on Way
to New York
EXCHANGE Is STEADY
Lower Call Rate Is Irdica-
tion Trade Rcsuming Nor
NAL Proportion, He Says

1T Is tho patriotic duty ~ cv'rv
American riEht now t' 'it s'"ndt
aud mot rock th" hont' d'u'"''I
Colonel Ira Reeves ot Sew i"ih
who /. In Tulsa Visiting with hi.
fri,nd bIya T. %lI,s. president uf
tho Security state bank. ana 1ii'nd
ing TO business muttors Reeves Hud
Nilcs were together during - part ui
tho war Their acquaintance dhi'|
Naok u number of years and 'hiH ih
t.matc friendship g. being renewed
during Rooyrg visit here.
Colonel Ercvoa. va IS connected
with important manufacturing iu-
tcrca,A iu the cnet wa closely iI'n-
tfird with Uncle Sans plans "i'Ir
and during ihc war ana In tho WORK
of rehabilitation after the war oud
Cd Nc was Nitlonod I'm both Amer
lea aud France A. diifrr"nt tlh"H
lie is alsO q veteran Of IN" 3phnl'n-
American war. His powers ~ ORE
gaui2atiOu, NJ observation ana per.
,pption I'm wartime have been turned
from things military go the require
mcnts ~ mace and the problems OF
lusiu,s as ard ono ronNcrrcH with MN
only "A minute until thoroughly con
Ninced that this kccnn"SS oi p"rc'p-
tion has been exercised VIGOROUSLY
hut soundlv IN Judging the present
economic Sllulllons
Not Extreme Optimist
sitting In the office Of Nilcs in tho
Security state bank Thursday, Colo
mel Reeves gave expression to ms
thoughts regarding business condi
tlons. lie is an optlmist, but not to
tho pxtrcmc He does not believe
optimism should he carried To
point that viii convince ono black
is white. But II black has been
changed to cream color ne bohcV"h
there ia n chance II will eventually
hccomc wh,tc. Briefly, that para
doxlcal remark Expresses hiI view
point with regard to conditions IN
America.
The crisis In the so-callcd period
of doprcgsion was passed about 81
DAYS ago he declared, and from thiH
time forward there should be Er"u-
uai Improvement In buslness condi'
tions, II will be slow process ne
nddrd. unlcgs the state or mlnd or
Americans can he changed quickly
and this does not appear probable
Tho whole depression wn8 ana ls
state of mind ana nothing else, II"
nsscrtcd People are slow To grasp
the fact that the sooner they VIII an
improVcmcnt the sooner II VIII ar
rive.
Change Bcgins In Fast.
alton of the country starts In the
cnst" he explained ut spreads
gradually until 1t covers the entire
country. That this change lS AZ
ready coming about Is revealed by
the rates of call money. bntil
few weeks ago the rate was I per
cent. II is now from 3 "a to u per
cont This Ia an accurate barometer
OF business conditions. Another pa
romcter. even moro reliable, is thc
stock exchange. II you have kept In
touch with tho market YOU kno"
that for the past GO days the cx-
change has held steady
New York banks are more rree
with money now than they nave
been for the past year ! nav" oc'
caaion TO talk with bankers there
Gradual hut sure Mental change on
their part. They talk differently OF
the future than they did few
months ago.
Indicate Better Times.
Now that the English coal 'trlko
has hccV settled. there Is even more
cause f6r optimism and am mighty
glad to learn that the lilsh qu'N'-
lion Is apparently nearer solution
than it has been, These changes
and anticipated changes are indie
atlNt OF httttI llll'A. '''' ~
unmindful that the patience or lot
of people has been put to test, hut
thew should be tolerant for rev
more months, sitting steady and not
rocking the boat, and | am shtb"nrd
in my own mind their patience VIII
be rewarded"
Colonel Reeves lived nt MusSo~
gee for several years before golnE
cast. He visited Tulsa wH,n II hai
a. ~ 4. a.
II mad q population OF approAina,, q
lv nine thousand. lie nis returned
20 see a city OF 10000. Because ut
his absence between these stages or
the city's growth, It Is all the moro
surprising to him, he stated.
City Zig Surprise.
"Ny last visit to Tulsa was IN
1909" he explained when came
horc Yesterday | expected to find "A
substantial little city OF few thou
eand people OF course | have read
Of Tulsa frequently and / knew It
had developed into 4 prosperous mu-
nicipality but | was not prepared
for the sight that mot my eyes While
| have been over tho city only In Il
casual way. | hayo boon struck
deeply with the suhHi1ptalnoss oi
Tulsa Bo,h the business buildings
and the homes are built according
They have been built for pcrmp
nenCy
"The people hrro impress one
with their industry and their amhi-
ton. They are fun of ltic, and, Ike
the physical appearance Of the city,
they impress one as substantial
business men ana women Tulst re.
minds me Of New England because
of this appearance of stability. In
walking along the streets | notice
that business establishments are
we'll pltroui2od This ia certainly
a healthy indication. In fact, / have
not been IN a city over tn" country
that appears 10 be less affected by
the sD-clllcd depression than Tulsa.
one may walk along some business
streets In Now York at almost any
time OF day and lind every business
house in the block without a ,uato-
mcr."
Colonel Reeves is every inch a
military man. II Is not difficult to
imagine him clad in an army uni
form. Wearing a summer business