Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1922-01-01
OF T|M|ST|C VIE v
. FOR 1922 IS HELD
BY BUSINESS MEN,
B ankers, Manufacturers,
Merchants and Realtors
Are in Agreement.
CONDITIONS TO CHANGE
GRADUALLY, THEY SAY
Look With Hope and Enco,lr-
agement to General Up.
ward Trend. fit
DIETRICH ADVISES HARD wol,K
Prices Down to Proper Levels Is Also
Advocated In His
Forecast.
DIETRICH ADVISES HARD wonlS
Prices Down to Proper Levels Is Also
Advocated In His
Forecast.

Continued Improvement In all lines
OF business in 1929 was prcdicted5
yesterday by manufacturers. bankers,
publishers. clothiers, dry goods nler-
chants. real estate and mortgage men,
and with tile optimistic View forilaas
came words OF satisfaction with tho
tidinG OF the business. upheaval dur
ing 1891. which ended very satistac-
torily for the business men OF Rich
mond.
Replying to Qucstiunnnires sent out
by the Chamber of Commerce, which
Is gathering data for the monthly
publications onducted by 1t. the husi-a
ness men OF Richmond. representing
some OF the leading institutions amt
Industries. touch on tho prob, ans y at
10 be solved before TIE wave OF pros
iperity Will become general. and lopIc.
with hope and encouragement to n
general upward trend during tho
early months OF the New Year.
just Little More In 1922
j. Scott Parrish. manufacturer and
chairman OF the traffic committce OF
the chamber, writes as follows:
IF each man viii, look Nack six or
eight years and remember his-dafly
efforts then. whether he lie an OF
fice man or a mechanic, md wilt
strive to accomplish just n littlo
more In 1879 than then. l believe this
good old city Of ours Will commence
to enjoy real prosperity before tho
year Is over.
II trust we shall bend every effort
&c develop the great agricultural Sec
ton that Is close to Richmond and
naturally looks to Richmond assfts
market, by making this the best city
in which the farmer can sell his
products, and IL We do this he Will
soon learn that this is the best city
ia which to buy.
"Of course we will continue to de-
velop tho James River so we shall
enjoy water rates
Oliver j.. Sands. president OF tho
American National Bank. takes tho
following Wow of 1922 business in
Richmond: sc
1T seems to me that we have a
right to expect Il gradual Improves
ment in business on Il lower price
basis. Everything is ready SO far
as credit conditions are concerneds
but until prices are brought down.
so that people can live and keep
warm on fair wage basis. we can
not hope for much, as employment
will not TO available OH any other
basis. Capital Is timid and will re-
main so until labor conditions. taxes
and freight and interest charges be-
come possible. All these things ara
coming about. but 1t takes time. For
that reason think we can only hops
for moderate Improvement In the
first half OF 1922"
Prosperity for Farmers.
Colonel e. Morgan Shepherd. edi-
tor and v!ce-prcsidcnt OF the South
ern Planter. holds that In the pros
perity of the farmer rests tho pros-
perity OF Richmond during the new
year. He writes tho chamber as
follows: ~
There will. in my opinion. be
gradual. though R steady, improves
ment in practically all lines. This
Improvement Will, OF necessity, no
slow. owing to the fact that priceh
for agricultural products are tho
E,ost unremuneratiye In history With
out exception. Tho spread between
producer and consumer IL relatively
greater than ever before. II would
seem, therefore, that either the prices.
OF farm products must rise OF tho
retail prices for things he purchases
must come down. Based on Inquiry (
and observation OF recent tw1ti
weeks trip through the Middle Wes:.
] think can safely say that action
Is apparent in both directions.
THE fact that. owing to the acal
ton OF the agricultural bloc. In coa,si
sress, both credit and capital have
been furnished TO tho farmers. en-,
ahling him 10 market his stun in q !
mego orderly fashion. will give HIN (
more money TO spend for nanufac-
lures and other commodities in whseh
he Is in dire need at this time. IN y
III must be apparenttto all that ths
prosperity OF tho farmers IL a pEra-l
mount problem OF our country teaa..i
Until he can be gottaii on his fees.s
other business wn1 he unstsblo and
ur,ssrtaIn. The farT-ss - nsefcss
6ISTsy, . :, 'Tsss-s Tyy;SsS