The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1925-09-17

COPYRIGHT BY HARRIS EWING
GEORGE l.. STARKEH
There is every reason TO expect
a prosperous fall and winter bust
ness season in Washington" Presi-
dent George L. Starkey, of the Ma
tional Bank of Washington, declared
today. MIR. Starkey has recently
completed an extensive tour through
the west, going as far as the Ia
cific coast, and observing conditions
lin many States between the AT
lantic and the Pacific. He kucws
Washington and the factors that
influence conditions here as we'll as
any man IN the financial life of
the city, and he speaks with I'M
doubted authority when he SAYS
that there are no clouds in the
business sky at the present tiEle.
1.-The general business condition
of the country said Mr. Starkey,
lis excellent. The nation as a
whole is facing a prosperous sea
son of commercial activity and eco.
nomic expansion. Everywhere bust
ness is reaching out to larger fields
of endeavor, ana there is, for
tunately, ample MONEY available for
investment. This condition, coupled
with the favorable, inuuSLciat
look and the now apparent GER
ia nty of a good crop yield, portend
what the old fashioned prophet
called good times"
The economy program of the Gov.
eminent seems to be meeting with
approval as it promises a reduc
ton in taxation which will. event
ually result in greater investment
in legitimate enterprise.
This, in itself, will bring fur
ther economic benefits, so that the
present swing of business activity
would seem to be destined to con
tinue in an overwhelming circle.
I'm the very center of this circle
is Washington, for North, South
East and West meet here, and the
financial and commercial influences
which fix the status of the rest
Of the country exert the same in
fluence upon the capital, having nc
great Industries of its own, Wash
ington rhrobs in sympathy with the
heartbeats Of other great industrial
centers.
Not being an agricultural com
munity Washington takes on the
color of the great agricultural sec
1.-THE Industrial heart of the ma
ton is today beating with a norma
pulse and Washington responds tc
| the stimulation The agriculture
picture & painted in brilliant hues
| through the efforts and the success
| of the farmers, and Washington re
fleets the bright coIors of then
| prosperity.
"AIl of these things mean, ir
more sober language, that the
! whole United States is moving
along upon a solid business road
bed and Washington is no excep
ton.
1T must also be borne in minC
that Washington has the excep
tionaI benefit Of the great Govern
ment payrolls. with two big pay
ments each month, to add financia
strength to it's business life.
This is a steady tide that never
recedes and never ceases. 1t in
sures a normal condition which is
almost unheard Of in other cities.
Living conditions throughout
| the country" continued Mr.
Starkey, ARE better today than they
| have ever been before, People are
spending freely for their necessitie!
and their luXuries.
"They will continue to live al
their present standard. and, natu
rally, this will react to the benefit
Of business generally
I'm considering conditions in this
city" continued Mr.. Starkey, ut is
impossible to overlook the adVan
tages which will come from the
CARRYING out of the comprehensive
program Of development in the way
of beautifying and expanding the
boulevard system and the resi-
Dental sections.
always an attractive city foi
those who sought permanent homes
Washington will be even more de
sirabIc with the proposed develop
ment. and, it is to be hoped that
nothing will interfere with the work
as at present laid out.
Everywhere in the West" con
cluded Mr., Starkey, Il found very
general and very personal interest
in the National Capital. People
look upon Washington as something
Of a national shrine to which every
one should some day make a Pill
grimage.
This. of course, means a con
tinued and increasing flow Of tourist
! travel, and. as / said before, the
North, the South, the East, and the
West will contribute to the pros
perity and the buiness growth Of
this city,"