The copper era and Morenci leader., 1922-02-03
BUSINESS PREDICTIONS FOR 1922

BUSINESS PREDICTIONS FOR 1922
 Some of the views of big business men on business, past and future, are interesting, and a symposium of these views on the whole displays an optimistic outlook for 1922 and fol lowing
 Dwight Morrow, of the J. P. Nor gan Co.,, says: q thing the low point in industrial activity in this coun- months ago, since which time there has been a notable tendency toward improvement. Barring unforeseen de- veIopments there is no reason to expect that this improvement should not continue during the coming year.
 Charles M. Schwab says: "The past years has produced some favor able changes in the business situa- tion, and in my opinion we are not only gaining ground but are headed in the right direction"
 David R. Forgan, president Nation al City Bank, Chicago, believes the worst is past and that eff we will cut out extravaganza and run our business economically and prudently we shall some day find ourselves again in clear water, and when re- covery once gets fully under way it may come more rapidly than any of us are now inclined to expect"
 James s. Alexander, president Ma tional Bank of Commerce, New York finds that many elements of weak ness have been eliminated during the drastic business reaction. The process has not been completed, bat the worst phases have been success fully passed"
 Charles H. Sabin, of the Guaranty Trust Co.,, New York, says that American business activity in gen. eral has been for some months grad ually emerging from the trough o1 depression. The distinct improve ment since mid-year in the fundameh- tai clements of the business sltua- tion as a whole warrants a much more hopeful outlook for the coming year than was justifiable at the be- ginning of 1921.''
 Thomas Branch McAdams, presid- ent American Bankers Association, finds that the outlook for business and finance in the United States for 1922 is encouraging. "A courageous program has been launched by Pre- sident Harding which should beneht the industrial life of the world by billions of dollars through taking them from war or destructive acti vities and using them for construc tive purposes"
 George H. Reynolds, of the Contln ! ental and Commercial National bani of Chicago, says: "Progress-VerS great progress-has bee made. We have climbed down from the danger ous heights to fairly level ground. ] forward movement in business nevel begins except when reserves are plen tiful. So great has been the impro vement now that any legitimate eH pansion can be financed"
 John G. Lonsdale, president Ma 1 tional Bank of Commerce, St. Louis says: "The time for any anXietl seems to me to be entirely past. Th' middle of 1922. unless reactions occur should see recovery well established.
 William c. Potter, president, Guar anty Trust company of New Yorl 1 says: There is much data that in dicates that business is gradual! returning to a normal basis, and tha l the fundamentals for sound progress are daily being strengthened"
 Many other well-known financier! and economic experts might bE quoted to the same effect. "The me lancholy days are OCT"
 If all the undesirable people were 1 killed off the rest of us would bi mighty lonesome, don't you think?