Evening star., 1922-02-15
GEN STEPHAN CHOSEN TO HEAD
Observation-Disclosures
Succeeds Philip King as President of Asso-
ciation-Other Officers Elected by
Board of Governors.

tional Guard, was unanimously elect
ed president Of the Merchants and
Manufacturers Association to sue
ceed Philip King, who has served In
that capacity two years, at q meet
ing of the board of governors OF the
organization yesterday afternoon in
The Star building. Exemplary serv-
ice to the community" was the char
acterization given Mr.. Kings term of
Office when he turned over the gavel
to Gen. Stephan.
Gen. Stephan's election to the pres
idency of the association meets with
much favor among the members of
the organization. A Washingtonian
the greater part of his life. the new
president is in a position to judge
clearly and wisely on all questions
affecting the association.
Other officers elected were: Charles
F. Crane. promoted from second vice
president to first vice president: l. L.
Goldheim. second vice president;
Louis Levy. treasurer (re-e:ected) /;
NJ. d. Rosenberg. general counsel. and
Charles j. Columbus secretary.
The election of officers was held by
the board of governors Immediately
after the annual meeting Of the as
sociation had adjourned.
Past Year Epoch-Makine.
''The past year has been epoch max
ing in the history of the business life
OF the National Capital said Mr..
King, in his report at the annual
meeting, 1T has been most trying
acter.
That there has been great need for
the Merchants and Manufacturers
Association Is best expressed in the
lnnumerable services that it has per-
formed for the benefit of business in
that its instrumentalities have like
wise operated to the general good
We have passed through a period
the like of which will not be repeated
for generations to come.
The situation has been aptly de-
scribed as the unscrambling of the
eggs. Monetary standards were phys
icallE revolutionized, due to the COM
ing of the tides of normalcy.
The f1uctuation in the value of the
dollar and the decentralization of rates
OF exchange brought about conditions
that worked an unsettling influence.
National legislation. international
understandings. taxation and the
tariff played their part. Wars nat
ural aftermath asserted itself. 1t was
pcTIOu OIL concern ana alarm.
Nor was this by any means local
matter 1t not only affected America
but the world.
Leaving Valley Of Doubt.
However. there was never a lane
that lacked it's turn nor a cloud its
silver lining. After a careful review
of the circumstances that involved
the year just past. and having had
the benefit of counsel with merchants
ho
have a concept Of the future that
demonstrates we are passing out of
the valley of doubt up the mountain
OF more balanced business and better
understanding.
II can better explain this vision
with figures than words
Much as business is accustomed
to rate itself by the same month last
year or the year before, cognizance
must be taken OF the fact that the
war period was an abnormal one, and
am sure il we will but look back to
now they Viii '!sn show smaaine sane 1no inc
creases. Great additions in overhead
have come about, but this, like other
conditions, must quickly find it's own
"It is my firm belief that II inquisi-
tion and dictatorship are removed
from business We will the earlier
reach a standard Of activity that will
be entirely satisfactory to all.
The state of business is a popu-
lar topic: Business Of every character
has An immediate future that is in
every sense promising and a maker
of confidence.
THAT 1 am not alone in this belief
Is manifest by the undertakings of
some of the greatest retail and manu-
featuring interests in this country.
No Place for LaEEara.
There never was a place in the
the owner of business or the
humblest employe thereof
I'VE have peace, and prosperity is
at the door for those who work for IT.
I'VE must remember that the great
est blessings that ever came to the
world were the result of sacrifice
prosperity for business can be had
in like manner.
Let each firm in the Merchants
and Manufacturers Association re-
solve to make 1922 a prosperity year.
sociation. having been elected chair
men of their respective sections. con-
stitute the board of governors for
the year" said Mr.. King.
The board of governors are: George
S. DeNeale, department stores: Albert
L
tioners; J. Lee whitmore. retail jewel
ers: ]. c. Callahan. manufacturing
Jewelers.: E. c. Graham. electrical
supplies; H. D. Ormsby. five and ten
cent stores; NJ. G. Gibbs, druggist:
George E. Hebbard. merchant tailors;
and draperies: Charles w. semmes,
automobiles; Gen. Anton Stephan.
china and glassware; Henry T. OTTER
dinger. cigars and tobacco: George c.
Shaffer, florists; John H. wilkins.
food products; H; Zirkin. furriers:
Levy. laundry; Joseph A. Burkart.
manufacturers: Sidney West, mems
wear; Philip King, millinery; NJ. A.
Leese, opticians: ]. NJ Cunningham.
photo engravers: o. j. DeMoll. pianos
and musical Instruments; Charles F;
Crane, printers and publishers ana
Joseph Strasburger, shoes.
Pays Tribute to King.
Following the election of officers,
President Stephan was escorted to
the chair and expressed his apprecia.
tion to the members of the board of
governors on his election to leader
ship Of the organization.
ord" made by Mr.. King, whom he sue
"Ever since the Merchants and
Manufacturers' Association was or-i
gani3ed and proved its value to the
business life of this community. /
have crystllized my interest in busi.
ness matters in this association" said
President Stephan. "It is my belief
that our plan OF section or group
meetings is fundamentally correct.
Each group has problems Of its own
that can only be solved by themselves.
These groups can and do promote
ethical understanding. and when they
affect business in general we have
our board of governors made up OF
the head of each line OF trade to oh.