The Birmingham age-herald., 1924-09-14

ed by Thomas w. hank ss. tnterests- has evoked criticism. Du' r,,r hankers realize that, unless .ne s,,srantees are the very best ana .ne tsr,r,s verv generous, it would pc use, less to ask American investors .o ss., =, nwsr snvthing like $100, ,0Oo, 900. saie.y f,,st" ia the axiom being 1olio"eu " American bankers.
 If and when the right terms are M ranged, the banking support ehlS" ssarl here Id certain to insure that the oiIer- tnsr u,ii, he disposed of, even If the un. asrwriters should have to carry part ss the securities until ultimate con suners can be attracted.
 A.r,c.ns are spoiled. Comforts ,vhich are commonplace here often are ,,nt obtainable when one travels aoroau .,
 s,.s moi once able to get notei rooro with bath. The largest notel n Inc largest city in Scotland, GIasso~ has six rooms with baths! Botn u,ss ,.s. r apuIied there was a9 Wafins hs.' vvhsn won wanted bath, you hao to ,r.Ee arrangements ahead of time-ano then pay extra.
 Al the Savoy hotel, in London, on n .he other hand, the management saio they could dispose of their rooms Witn- s,s.t baths more readily than rooinS S,itb baths. was astonished-untai received my bill. Two rooms anu hath cost me five guineas, more tnan gzS a day, without food, or course' Contrast this with three rooms In a ssry attractive little hotel at Mauo' scotland. cost, namely, ST. And this in- cluded three breakfasts.
 te y.roes speyer, head of the inter national banking house of Cpeyer SI ca. has just returned from long Vlsi' sn Europe. Like other American bank ers. Speyer is distinctly more encour- ared now over the European outiook imam he has been at any previous tune sircA the arrnistice. He founo the Ga-rnan authorities sincerely anxious to reach a workable arrangement with France and the other allies.
 MT Speyer was born in this coun- trv hut his family have been finan- ciai power in Germany for generations and his banking house in New Lork continues to have very influenual HuFo- peanN affiliations.
 Herbert Stanley, industrial commits. s;oner of the Memphis Chamber or CoTnnnerce. who dropped in this week. said: =. |. nrar,. phis next month which, will employ 1.5OO men and turn out 300 cars oay. The Fisher. Body company has oousn, o,,t the Kelsey Wheel company ana VIII elso employ about 1,500 men. Jones e. Iaurhlin, the great" Pittsburg manu- facturers. have acquired large sue ana are going to bring iron and steer nroducts from Pittsburg to Memphis oy water, thus saving the heavy rali charges. They are going to use MeIn- phis as an important dlstrlputIns cgn- fer MT, Doheny's Pan-American Fe- troJeur company has just completed storare tanks costing $250,00o. It will also bring it's product by water ana Q ,1se Memphis as distributing polnI'
 The chamber, which has become an extremely live body since George MOT ris became president of 1t, mas JusI completed a census of Mempns anu finds that the population has increased .incs inc 1920 census from 167,000 to
 Yt~ the whole south is entering a now era.
 Extract from letter sent the war finance corporation, by small pank fin South Dakota.
 eve certainly have appreciated the manner in which you have accomodated us. That we are still doing business for We have always had great cop fidence in our community and our peo- ple and have felt that there would have to be a change for the better, if things only could hold together until that time came. The help you have given us has been the means or help ing many of our clients who nave been worthy but could not have received the help otherwise.
 "Iiuuidation is progressing very sat- iafactorv with us and while this years crops will not put us all back to where we should be, we are sure of this much, that 1t is going to take off the rough edges"
 ofrclaq aanfi.