Atlanta tri-weekly journal. [volume] (Atlanta, Ga.) 1920-19??, 1922-06-10
CREDIT MEN SEE
BETTER CONDITIONS
BY GEORGE O. MOODY
journal Staff Correspondent

INDIANAPOLIS, Ind, June s.
A gradual and healthy Improvement
| of conditions due to satisfactory
progress in the liquidation Of war
time obligations, to prospects for
large crops, and, in general, to the
reorganization of business along
staple lines following the imitation
duo to the World war, is reported
hv the delegates from all parts of
the United States who are attend
ing the convention of the National
city.
w. H. McLachlin, of Chicago,
chairman of the manufacturing and
wholesale division. Of the Credit
Mems association said that condi-
tions as a whole look more prom
Using and that business is returning
to a sure and stable basis. He said
that conditions in certain parts of
the country are more satisfactory
than in others and the credit man
has Guty to nerforrn in keeping in
touch with affairs in the different
states.
Mr.. McLachlin recommended hat
or dit men in allied lines form asso-
Citations. He said such procedure
had been followed in Chicago with
| su ;cess.
w. P. Simpson, = New Orleans,
president of G. D. Patterson & Co.,
manufacturer of mill supplies and
me-. hinery, vice president of the AS
ISOLATION Of Commerce of New Or
leans, and banker, said business i'm
provement is noticeable in the south.
Flood Control Problem
"Our cotton is bringing better
prices" he said, land while the crop
will not be as large as common this
year, the planters will get more mon
ey for what they raise. Louisiana
cut more timber than any other
state except Washington and the
! lumber interests are active.
Flood control is the great prob
lem of the Mississippi valley at
present. Louisiana is the funnel
through which passes the water
from twenty nine states. Instead
Of raising our levees along the Mis-
sissippi, water levels should be rails
ed in the north. The government
should take this over. By holding
back water by spillways and dams,
we could have the best and cheap
est transportation system in the
world"
Charles E. Meek, of New York,
vice president of the American Elk
change National Bank of New York,
said optimism rules in business cir
cles in the east and buying now is
done with an increased confidence
not known in former months.
Condition in Northwest
j. F. Jordan, of Minneapolis, whole
sale dry goods dealer, said the best
| crop conditions the northwest has
known for seven years prevail with a
| good outlook for business.
Thursdays session was featured by
an address by Bishop William A.
| Quayle, of the Methodist Episcopal
church, Of st. Louis, Mo. Reports
of committees were read and Thurs
day night the annual dinner was Civ
en- under the auspices of the Rob
ert Morris associates.
John E. Norvel, of Huntington
w. Va, is being talked of for pres.
| ldent, to succeed w. B. Cross, of
| Duluth, Mimi. Outside of his actu-
al business career as an officer of
| the Norvell-Chambers Shoe com
pany, his interests have been large
| ly devoted to credit association
work. An index of his ability is
shown by the fact that under his
supervision sixty-four interchange
bureaus were founded. The election
of officers will take place at the
concluding session Friday after.
noon,