The Birmingham age-herald., 1922-10-04

What interests them interests every body for banks are barometers of business and prosperity Bankers read with interest the day they ar rived that New York had raised it's real estate assessments above $1o,- 500, 900, ,o00. What A ransom that city could pay and would pay, if a flock of Asiatic TINT carrying flying ma chimes released from apparently peaceful merchantmen should de- mand It. It's prosperous city and growing.
 Lewis L. Clarke, one of the young est big bankers, eating his lunch and reading an advertisement of the Chemical bank, held out the adver- tisement, saying: That again con firms J. Pierpont Morgan's state ment that it doesn't pay to sell the United States short"
 The advertisement showed that in 1858 piece of land was sold in the then upper district part of New York city for ss,S5s.os. That sum was de- posted in the Chemical bank. That happens to be the piece of land on which the bankers in the Commodore hotel are now holding their conven- ton. It is now assessed by the city for ss,500,0o0. just little more than 1000 times what 1t sold for in 1855, sS years ago. If you want your grand children to be rich, buy real estate wisely in New York, Los Anegeles, Chicago, Detroit Seattle, San Fran cisco, Syracuse, Atlanta, Rochester, any first class growing American city.
 The banking business is big one and without wise banking, liberal credit, based on good Judgment, bus mess would be stagnant. There are So,4s9 banks in the country-S.si9 national banks, the others state banks or private banks.
 Among them the banks have re- sources close to $5o.000, 900, 900. That is five times what Europe owes us so we are solvent anyhow.
 Another. perhaps the last, chapter in freznied finance has been writ ten, Thomas W. Lawson. once the gadfly of Wall street, selling his home that cost millions. to satisfy his creditors.
 If yon fight the "big men, and wait long enough, they will get you. it is said. They seem to have got Lawson, but he did good work making the people think, whatever lis stock selling side issues might have been. And whether they "go,v1 him or not doesn't matter. Life IS short
 Mir. Carry, new president of she Pullman sieeping Car company. ar ranges life. insurance for q. 900. mon
 2men, employed hy his conn psny, without cost to the workers. That combines real progress and common sense. If more big indus trialists devoted to the happiness os their employees one-half the atten- ton, they devote to the happiness of stockholders, business would be bet ter and strike troubles fewer in the United States
 A good sheep farmer thinks about the welfare of his sheep, not merely about the wool and mutton he can get. An intelligent employer should think of the health. happiness and eontentmcnt Of his employees.
 The Greeks looking for a scape- goat, say the allies sacrificed Greece.
 The fact is that the Greeks sac rffieed themselves. when they let themselves be led by aa assinine king, throwing aside .enizelos, a real statesman. The allies would nc: have "sacrificed him for he would not have given them the chance. Now a,se, Greeks are going to try another king. apparently. If they do. they will get some more lessons.
 Poincare of France tells England she can have peace now, If she really wants it.' which looks like slap at our dear ally"
 One business man said to another in a burst of frankness: For what l am thinking about you now you could have me put in jail.p
 The allies of Europe do not say that to each other, but that shows they are. thinking.
 The Academy of Science in Paris is studying Jumping stick" from village near Nantes. That stick puzzles scientists and excites the superstitious.
 About three feet long, half an inch thick, it suddenly, without apparent cause, with no wind stirring, leaps several feet in the air. or moves shivering, along the ground
 Not long ago in France, a man with a stick like that could impose Son the credulous most profitably, ap- pealing to their superstition. Now the Academy of Science knows and xx-ti1 .hCxu that ir,,py,ipG ;c dr,o