Atlanta tri-weekly journal. [volume] (Atlanta, Ga.) 1920-19??, 1922-04-13
BRIGHT OUTLOOK
SEEN BY BANKERS

CANTON, Ga, April 11.-Robert
F. Maddox, president Of the Atlanta
National bank, in the principal ad
dress before group three, Georgia
bankers, assembled here Monday, de-
cIared that this country is on the
road to early normally. All speak
ers sounded an optimistic note.
Willis Johnson, of the First Ma
tional bank of West Point, was
named chairman for the year, and
Dalton was selected as the next
meeting place. B. r. Little, cashier
Of the First National bank Of Mari
eta, was chosen assistant chairman,
and J. J. Copeland. of the Bank OF
Dalton, secretary.
Group three comprises most OF
the bankers of north Georgia. About
twenty-five bankers came from At
lanta in automobiles.
Mr.. Maddox stated that the test
of this nations condition lies in its
three great barometers of business
the steel industry, building and con-
struction activities and the purchas-
ing power Of railroads.
Gas to the first of these, the stee.
industry" he said, "the mills of Ten
nessee are working full time, and
everywhere there is a speeding UP
of production that points plainly to
better times.
Building Boom
Every one knows Of the steady
rise of building activities in recent
months, and the very recent past
has witnessed one of the biggest
building booms in history, Atlanta
being one Of the national leaders In
this important item.
1.-THE purchasing power or rail-
roads is also improving and lncreas-
ing daily as the roads are working
out their problems and coming to
a realization Of what must be done
in order to operate on a satisfactory
basis. AS an example of the truth
VI lI11S ldlSl1lSl1L5 LA4C ~NS" -
Central railroad a few days ago dis
posed Of $50, 100000 in bonds in less
than half an hour without par
ticle of trouble.
"This country is absolutely and
surely on the high road to better
times. There is no doubling that
fact. Basic business affairs are wit
Messing a strengthening of founda-
ton that is wholesome for the en-
tire financial fabric of the country,
and this improvement is sure to
spread and become general soon."
A brilliant plea for educating the
public on the principles of banking
and teaching school children the
vital Importance of saving was
voiced by Robert S. Strickland, Jr.,
vice president of the Fourth Nation
al bank, of Atlanta.
Other speakers were Cashier Will
liam Gaunt. of the Bank of Can
ton; Max McCanless, Of Canton; j.
w. Vaughan, president of the Bank
of Gainesville; Wilson M. Hardy,
president Of the Citizens bank, of
Rome; George A. Maloney, boil
weevil expert of the governments
delta laboratory; Robert T. Jones,
president Of the Bank of Canton;
Robert Emmett Harvey, of Atlanta.
The Atlanta and New York dele
cation left in a special Pullman for
Monroe Tuesday, and Wednesday it
will be in Bainbridge; Thursday in
Triton, and Friday in Cordele.
Included in the party coming to
Canton were w. B. Smith, assistant
cashier of the Hanover National
bank, New York; J. T. Walker, Jr.,
assistant cashier of the National
Bank Of Commerce, New York; j. L.
Alexander, assistant cashier of the
Atlanta National bank; President
Maddox, of the same bank; Vice
Presidents Stewart McGinty and
Robert Strickland, Jr., Of the Fourth
National bank; w. V. Crowley, cash
Ter of the Citizens and Southern,
Atlanta; w. B. Spann, cashier of
the Citizens and Southern, Savan-
nah; A. E. Bird, of the Citizens
and Southern, Macon.