New Britain herald., 1927-07-07
BUSINESS Outlook
SATISFIES SISSON
New York Banker Discusses
Problems Of Prosperity Here

Fom 4 business standpoint the
pastSSsix months compare favorably
with any six months period In the
history of our nation,"., said Francis
H. son, Wall street banker and
vics-president oftht Guaranty Trust
Co, of New Ygk. speaking in the
Chautauqua tent IL Walnut Hill
park last evening on the subject,
Problems Of Prosperity"
The tone of Mrs sisson's address
was decidedly optimistic as regards
business conditions In this country.
Bank deposits. he slid. had never
been greater and money for invest
ments was available at reasonable
rates. Mr.. Sisson spoke of the large
number OF new industries which had
oprung up In the last few:years, par
ticuiarly those which manufacture
radios and numerous kinds of cleo
trical appliances. 1.-THE area and re-
sources OF this country are sufficient
bred million people," declared the
speaker. Although the UnitedsStates
CONTAINS only six per cent OF the
population of the world. he Said. it
produced so per cent of the worlds
iron and steel. SIS per cenwof the cot
ton and 40 per cent of the timber.
Out OF rs million automobiles In
use today throughout The world. 20
million of them. said Mr.. Sisson. are
to be found in this country.
The greatest Of all OF Americas
problems. continued the speaker. Is
the problem Of handling wisely this
vast wealth and material resources.
These" he forcefully declared, ARE
not for ourselves alone. We are
trustees! Our national slogan
should not be simply Live and let
liYe.'. 1t rather should be. Live and
help others live. ~
Mr.. sisson spoke Of the terrible
costs of the world war, ten million
In men and 437 billion dollars. Tn
der this heavy burden of debt the
whole world is now staggering. 1.-THE
world must have peace as basis
ofteconomic progress. Our prosper
ity; depends upon world prosperity"
he declared. The speaker closed
hts address with plea for all to
keep faith with the brave men who
sleep in FLANDERS fields by doing
everything possible to promote the
spirit of peace and good will among
men, that the curse Of war might
never again darken the worlds hor-
lion.
Preceding Mr.. Sissons address,
Miss Louise Stallings. New York
,nezzo-soprano, accompanied by
Marion Carley on the piano, enter
tanned delightfully."- in recital of
groups Of French. Spanish. English
and American songs. Miss Stallings'
clear, mellow voice and pleasing per-
sonality. captivated the audience
from the first number. Her rendi-
ton Of The Second Minuet" and
Long. Long Ago" struck particular
lyiresponsive chords in the hearts of
her hearers. Miss Carley In several
solos, demonstrated her skill as
pianist and showed herself worthy
of capturing the Damrosch prize of
= thousand dollars last year.
This evening at s o'clock THE
Eirely," comic opera by Rudolph
Friml, will be given by a cast of Is.
TN elaborate costuming and scenic
effects this opera surpasses all pro-
dYctions that have ever been at
tempted upon the Swarthmore Chau-
tauqua platform" said W. c. French.
ptesident of the local Chautauqua
association, in announcing The Fire
fy.." This tuneful operetta took the
country by storm several seasons
ago. The situations are clever and
amusing. the; music is tuneful and
catching. the plot Is thrilling.
kPredictions are that the huge tent
st Walnut Hill Park will be filled to
canacity tonight No seats are re-
served except chairs on either side
Of the center aisle, which are re-
served for children.