Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1922-11-24
.GEER SEES GREAT
. ERA Of INDUSTRIAL
ACTIVITY IN SOUTH
Predicts Advancement of
Cotton Mill Interests in
Ten Year Period.
IN ADDRESS HERE To
MORRIS ASSOCIATES
Boil Wccvil Reduces Crops.
Enhancing Yields Value,
Blessing in Disguise.
IiiLL WELCOMES DE.I.t:t.ATES
hrs"intion SnEErstinR Change I'm
Nnmr OF orpnnirnti"n II Adopted
unanimously.
IN ADDRESS HERE To
MORRIS ASSOCIATES
NIL WELCOMES DELr.,.ATEs
hrs"inti"n SnEErstinR Change In
Nnmr "f Organization Il Adopted.
tnnnim"usly.

Appointments OF "A committee 10 poll
the membership by mail and secure
suggestions for change In name.
The comnitte" to report at the annual
convention, brief reports by the pres.
dent and tho sccr.tarv-,r.nsIr.r
Showing material increase in Nom.
b"rshIp and CONSEQUENT, financial
strength, and an address by u. f.
hc"'. president and treasurer Of tn.
Juds"n Mills. Grccnvillc. :. g. f.,
tUich the initial session Of tn. mid
winter meeting "f tn" Hobcrr Morris
Associates. held in tn" winter gar
den of Hotel Richmond yesterday.
resolution suggesting that th.
present name ~ the BODY uf credit
men of tn" leading banks Of ,n.
country Is confusing. because Of a
similar organization. was read and
nnnn! HnwsIr adopted. This r.solu-
ton calls for the appointment of a
commute" I" receives suggestions
from members
Julien II. iill. of the state and c,ty
Bank and Trust Company. welcomed
the delegates 10 tn. city. and Tr.ns
hf"wh snyder. research d!r"crur o.
robert Morris Associates. responded
Member Banks Increase.
'H'''"' W lit'aN lrnkS read a
bri"f report showing an incr.,s. ~
hfty-fiv" member banks. and urr.d
he members 10 increase this mum
Der TO 100 by the time OF the annual
meeting
Secretary Treasurer Alexander
Wall read the financial report show
.hc good halanc. in bank to the
'ftdlt OF tn. organization
Following his address on "pevcl
opncnt OF the Tcx,il. Industry If
the Southern States Mr. Gecr was
questioned as to the probable effect
OF the boil wecvil on cutton.mill pro-
auction In the future. He said tho
boil weevil was a blessing in dj.
g"!sc. as It had been Responsible
more than any other agency. for the
reduction ot The crop and the consc-
'ueht enhancement Of the total value
Of the yield.
The South, within the next ten
years. vii! see tn. greatest era Of
industrial development in its history
Said Mr.. Geer He said there Will
DE an especially marked advancement
OF the .cot;on-mill Industry in TN.
ien-year' period, with the building of
dye works, finishing plants. prIn;
works and plants for the mauif,r-
iure OF textile machinery in tn.
south.
'"mrnrn FnNornbiy With North.
within the mex, five years" Mr.
Geer said. practically all lin. and
iancy goods ar. going to be nni sh
rd IN Inc south. Already the south
"ih plants ar" returning out goods Of
this typ" that Will compare favor.
ably with any In the North"
Mr.. Geer told the crcdi, man that
;hc South now has $3.50. 0o0. 900 In
vested In cotton mills, which con-
Sumcd last year 3.533. 600 bales of
cotton as compared with 2.I1S. 600
bales for the rest of the country
fhe development OF this industry
from $50 mills in 1850. with s2I.
''6.oOo capital. to go mills. with
Sh5o."oo.o00 capital at present. is one
tory" he said
The character OF the labor "mpin,-
ed in Southern mills was emrhas;zca
10y Mr. Gccr. who said the opcra
tN"S We're almost all native Amcri-
ans o' The purcst Anglo Saxon STOCK
Thcy have developed, he said. initi,-
i've and sclf-reiiance and ability to
40 expert work which makes them
pr"-"mincntly today the greatest
potential power for cotton mill ed
vanccmcnt TO be found in ,his a.,
any other country.
Improve Living Conditions.
'ir. Gecr said that the way to
get aualNy and production is 70
improve ia" living conditions OF en-
proves. ana he said that not only
good school facilities, but splendid
churches were being furnished the
operatives of Southern mills. I.lv-
ing conditions of Southern cotton
mill operatives are tho equal. If not
superior. Of those in the North. he
said' Homes. m"dcrniy equipped
are available at the lowest possihl,
rental. Coal ana wood are supplicd
actually at loss at the Judson Mills
ana. IN addition. there Is free medical
services To cmploycs and free dental
service To children of cmpIoycs.
We do not regard this as welfare
work We do regard il purely as au
investment. by putting dollars and
cents I" II. We get dollars and ccnts
out OF Ii In the way Of better work
ana Increased productions" he said
MI ""cr Nentured IN. opinion