The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1925-09-14

A man VINO mas .neIQ the ssIBH-
est office in the District OF Col.
urnbia Bankers Association. who
lie now chairman OF the Washing
ton. D. c. Clearing House Aseo-
citation and president of one IF the
Oldest and most successful bank.
ing institutions in the District OF
Columbia. who has watched the
city grow for many years and
who has materially aided I'm Its
growth 10 quite competen. author
fly as to present. and future kusi-
ness conditions.
Such a man is President Harry
v. Haynes, Of the Farmers and
Mechanics National Bank. More
over, by reason Of the location OF
his bank and it's close business
contact with residents Of Maryland
and Virginia who live within q
commercial radius of the business
section of Washington. Mr.. Haynes
has had especial opportunity to
study both urban business develop
ment and suburban contributions
to that development in the past
and the expectations which may
reasonably weigh in the local bus
mess scales IN the future.
''I am, personally looking for
son in Washington" said Mr.. Haynes
to-day I'VE have in the situa-
ton, as It stands, every ingredient
necessary for brisk trade condi.
lions.
Barring certain factors which
might possibly slow business up In
some sections Of the country should
conditions develop a serious ten
dency, 1t is impossible at the pres
ent moment to find anything which
can adversely influence the very
general vitality which has been
manifest in practically every Sec
! ton of the country.
Under the circumstances, Wash
ington must move forward as the
country moves forward. This has
always been the case IN the past.
''It might be a surprise to some
residents Of this city," continued
Mr.. Haynes. ito get full realiza-
ton of the great expansion in popu-
| lation and the present prosperity In
territory adjacent to the District OF
Columbia.
I'VE have a very desirable con-
tact here with many communities
in both Virginia and Maryland. In
all of these communities there is
continuing evidence OF growth. De-
Velopment has been rapid and Is
continuing and values have increas-
ed and will continue to increase.
THE saturation point is still very,
| very far away. The productivity OF
these outlying sections and their in
fluence upon Washington business
must not be underestimate in any
, survey OF present business pros
poets or future business growth.
ut will be great in Washington
as the injection of suburban pur-
chasing power has been,. and is. u
great factor in the commercial life
Of New York, Chicago. Los Angeles
and other great centers of popula-
ton"
washington, ITSELF continued
Mr.. Haynes, has unusual advan-
tages In a local commercial way.
They have been mentioned so many
times that we have come to accept
them as part of the business seen
cry, or background. on our business
stage.
IL refer, of course to the Gov
eminent and its activities and the
other institutions that come here
because Washington is the capital.
I'm connection with this perpet-
ual stimulous to business, 1t is OF
interest to note that there was an
old belief in the city that every
thing must slow down when Con-
gress was in adjournment
Recent years, especially the past
summer, have proved beyond
doubt that business can hold its
pace In Washington regardless of
the presence or absence of Con
gress.
This Is an especially pointed
argument sustaining the contention
that the city is standing upon it's
own feet and walking onward along
the path to solid and continuous
commercial prosperity.
IT believe there Is a general feel.
ing among business men. as we'll
as among the people generally, that
times are good and getting better
When this belief is prevalent,
locally as well as nationally, as 1t
seems to be today. 1t Is one Of the
most substantial spans in the bridge
which carries us over the stream
Of uncertainty to the shore Of
actual and sustained business pros,
perity. Anticipating good business
il one Of the surest ways to achieve
good business, provided the antici-
patton is based upon such solid
foundations a. exist in the country
ANN IA Wa shiA ~kna koAauO