The Bozeman courier. (Bozeman, Mont.) 1919-1954, 1923-01-24
AUGURIES FOR 1928
BY WELL-KNOWN MEN

Jan. a
symposium of views held by leading
business men of the nation and pub
lished in the annual number of the
New York Journal of Commerce, the
following quotations are taken:
James A. Farrell, president U. S.
Steel Corporation: "Tne year 1922
witnessed the turning point of a
slump in our export trade and the be-
ginning Of an improvement which
bids fair to last"
z. G. Grace, president Bethlehem
Steel Corporation: 1.-THE officers Of
the Bethlehem Steel Company look
forward to the year 1923 with conf
dence."
Charles H. Sabin, chairman of the
board of the Guaranty Trust Company
Of New York: "The year 1922 has
been q period of reviving business ac-
tivity and strengthening of the bases
for the resumption of general pros
perity in the country"
James Simpson, Of Marshall Field
& Co., Chicago: "The year 1925
looks distinctly promising at this
time. Basic economic factors are
generally favorable"
David r. Forgan, president Nation
al City Bank, Chicago: "In the alb
sence of international complications of
a grave nature, / do not see any rea-
son why the tendency to better times
which has prevailed during the year
1922 should not be maintained with
increased momentum during the year
1928"
John H. Puelicher, president Amer
lean Bankers Association: "The les
son of 1920 was not forgotten + :
l believe the basis for a prosperous
1923 has been laid"
Irving T. Bush, president Chamber
Of Commerce of the State of New
York: 81 look for continued improve
: ment in business for several months
to come, and possibly for the entire
year 1928" He limits the period be-
cause of uncertain conditions abroad.
James S. Alexander, president Ma
tional Bank of Commerce. New York:
"The coming year promises to be one
of fairly stable business for the Unit
ed States, with continued progress
along the lines already laid down in
the latter part of 1922"
James B. Clews: "The people OF
the country repoSe great faith in the
Harding administration, which asis
generally recognized IS doing its ut.
most to make it possible for every
man in this country to earn a comfort
able living. The year Is start
ing in a~uEpiciously from the stand
point of investments"
J.. H. Tregoe, secretary-treasurel
National Association OF Credit Men
"The passing of 1922 has left us Will
V e greater problems than were dis
covered at its entrance. / have des
ignated 1928 as the year of oppor
tunities. / have. every confidence tina
1923 will play a useful part in tn
history of this interesting decade
Solicitude for the farmer, and
: realization that the situation of tn
railroads must find some relief, ap
pear to be the outstanding pessimisti
features in the predictions for 1872
But general confidence is expresse
that the administration and Congre.
will solve these problems satisfacto,
lily, if permitted to proceed unham
0 pered by radicalism. AS N. E. Frank
lin, president of the National Cour
Gil of American Importers and TRAD
ers, expresses it,: "At the preser
g time we are being shown what a fe
/ radical politicians, under the guise
q 'ProgreSsives,' can do to hamper pc
icies of good government. This
e probably our most serious menace
future progress"
?,