The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1925-10-10

The business life OF Washington
is actively stimulated by the rapidly
developing communities within q
short radius Of the commercial CEN
ter OF the city and they are factors
in. the present development Of the
Capital which hay not be overlook
ed. North east, south and West,
the country around Washington is
becoming essentially residential in
character and the thousands, OF
people who are building and buying
homes, even far beyond the District
Of Columbia line, are making their
economic influence felt with steadily
increasing force.
Such a stimulating community Is
that which centers at Mt. Rainier,
and President William B. Spires,
Of the Mt. Rainier National Bank,
joins with Washington bankers
and business men in predicting. q
prosperous fall and winter business
season. both In the greater citysAnd
In Mt. Rainier. ~
Progress Rapid
Development In Mt. Rainier has
been remarkably rapid during the
past year" said Mr.. Spires today.
We are the center OF an expanding
community In which many new
homes are being constructed and
many new business enterprises
being initiated. The population Of
Mt. Rainier is growing fast and,
obviously. this increase will rebound
to the benefit Of Washington, be-
cause. like all other towns located
within easy reach Of the city, Mt.
Rainier must have a part in the
economic growth Of the Capital.
washington must awaken to
the fact. ~ continued Mr.. Spires,
'.that the suburban towns which
swing in a great and Overwhelming
circle around the Capital as a
pivotal point, actually have a part
In the economic development of the
city. But Washington must not be-
content to simply profit by this
suburban development. 1t must put
its shoulder to the wheel of prog
resS and actively assist the growth
OF outlying communities. The grow
ing suburban sections are the jndi.
Gators Of. the growth and prosperity
OF the metropolitan area. Seventy.
five per cent of the population Of
Mt. Rainier goes into Washington
every day. This is concrete evil.
dence of the importance OF the
suburb to the city. The prosperity
OF Mt. Rainier must be intimately
associated with the prosperity OF
Washington.
Bank Increases 81
1.-THE deposits in the Mt. Rainier
National Bank" continued Mr..
Spires, have increased<gO per cent
within the past few months. No
better evidence could be required as
TO the present condition here. The
community is moving forward and
in this. it is keeping step with other
towns near Washington and with
the larger city itself"
Mr.. Spires, in addition to being
president Of the Mt. Rainier Ma
tionaI Bank, Is head Of the Craw-
ford.Spires Theater Corporation
which has recently completed a
handsome new motion picture the
alter at Mt. Rainier, and he is presi.
dent Of the Spires Pharmacy Com
pany and active in all community
enterprises as head Of the local
Chamber. Of Commerce. His views
in regard to business conditions in
WashingtonNfort the fall and winter,
as they are affected by other local
communities and the economic con-
dition OF the country at large, are
those Of one in close touch with
bushes affairs.
II foresee a continuation of the
present nationwide uplift in bust.
ness" Mr.. Spires said, land, from
every impartial economic viewpoint,
there is nothing in the way Of
steady commercial expansion, not
only in Washington, but in a con,
siderable territory in the District
Of Columbia, Maryland and Vir-
ginia which lies beyond the accepted
city limits. The future OF all of
this territory surrounding the CAPT
tai of nation Of considerably over
100, 100000 people is assured by the
natural and necessary expansion of
governmental, Industrial and com.
mercial undertakings.
We are expecting a prosperous
fall and winter season in Mt.
Rainier" concluded Mr.. Spires, "and
in this We are only rejecting what
will be shown in Washington bust.
ness. 1t is impossible to disassoci-
ate the business activities Of We,
ingtons and the surrounding towns
and communities, and botn- mate
rial and business expansion lie
ahead for ALL"