The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1925-09-23

Thoroughly constructive and -op-
timistic is the vision of Samuel j.
Henry, vice president of the F. H.
Smith Company, reviewing present
and future conditions influencing
business in Washington. Mr., Henry
by the nature of his contact with
investment conditions throughout
the entire country and because he
was born and raised in Washington,
is especially competent to judge the
past and the present and to- pre-
dict the future of the city with Ger.
tainty.
Buying power" declared Mr..
Henry today, lis what prosperity
is based upon and the buying power
OF the American public was never
greater than it is today. Our infor-
nation, which covers a nationwide
range of reliable deduction, indi-
Gates that there is a well diverSi-
fled demand in the investment field.
This obviously indicates that in
sections of the country, outside Of
Washington, as well as locally,
there is a large amount of money
seeking employment.
cit is especially notable" con-
tinued Mr.. Henry, that investors
are, more than ever, indicating a
keen interest in the quality of their
investments. This is a condition
which should be of the utmost en-
enlargement to investment houses,
generally. We are especially glad
to note this wise tendency upon
the part of the public and to foster
the conservative and safe placing
of funds
Turning his attention more spe-
officially to the Capital, Mr.. Henry
said
Washington has but recently APP
peared upon the horizon of the
American people. We are just be-
ginning to realize as a nation that
we have a wonderful Capital city
and we are. for the first time, TAX
ing a real national interest in that
city. There are over 10000, 900
people ever pressing more strongly
toward this city in their thought
and their interest. They consider
1t their own and Washington cannot
help but move forward rapidly un-
der the pressure of this interest.
Every man, woman and child in the
country is looking toward the ma
tons chief political center.
AiO lVCdIIOIl VI the CITY, It's
natural charm, the comprehensive
plan of development now being car.
ried out add to it's attractfyeness as
a place of residence The national
and international character of it's
activities, all tend to center atten.
ton upon Washington. The grow
ing practice of maintaining here
representatives of great national
business organizations and the
rapidly increasing educational ia
clltleS, with the religious and
artistic prominence being given the
CHIEF city OF the nation, all@unite
to insure ever-increasing local
growth and prosperity.
From the North, the South. the
East and the West more and more
people are being attracted to this
city as permanent residents. They
are buying or building homes and
they are, each year, adding a de-
sirable and substantial class@ of
citizens to our population. Under
such circumstances Washington has
a representative American popuIa-
ton that combines the best in the
land"
Business conditions here" said
Mr.. Henry, have been especially
favorable during the past summer.
believe Washington has exner-
fenced the best business season in
years and, judging from the general
outlook, there is no reason why we
should not continue to prosper, even
more, through the fall and winter
There are many elements in the
local business situation which are
decidedly encouraging, even were
conditions less favorable in the
country at large, but with pros
perity, as indicated by the public
buying desire and the public buying
power, even less favorable than
they are, Washington would still
be in an enviabIe commercial posi-
ton"
The future Of this city and it's
immediate enVirons, the picturesque
and delightful country of MARYLAND
and Virginia is assured, by the
desirability of this section Of the
land, as place of residence and
perpetual interest
1.-The prospects for business de-
velrpment here" concluded Mr..
Henry, were never brighter. T
firmly believe the city will exper-
fence one Of the best winter bust
ness seasons in it's history"