Newspaper Page Text
SUPPLEMENT.
DALTON, GA.
SUPPLEMENT.
jiiiiiiiiiiiiLcnin:
TTTTiTTT
M
CINCINNATI’S PROCLAMATION * PROGRESS
Mil! I
u 111111111 !i i i 111 n 11 m! 11; i mi 11 i 11111111 n 111111111111 h i rrmr!
To the Citizens of Cincinnati and the People of the Middle West and South:
W hen, in the course of events, being: in serious mind, we reflect and consider the
prosperous conditions which have fallen to the lot of the Queen City of the West during
the four years just closed, and view with a feeling akin to nothing but enthusiasm the
evidences which bespeak a continuation of similar favors, we feel the time is ripe when
we should call the attention of the world to this most beautiful of cities, expounding, as it
were, to the peoples of the universe the doctrines around which our successes are builded,
at the same time pointing to the solid and extensive interests which have had their incep
tion, growth and success in Cincinnati.
Whereas, The year 1903 witnesses the greatest activity and prosperity our city has
ever known and the year 1904 presents to us greater attractions than its predecessor; and,
Whereas, Our business men feel that to each and every one of them kind Providence
has dealt out the good things with an unsparing hand; and,
Whereas, The commercial interests of the State, of Ohio look to the Queen City of
the West to take the initiative to which it is entitled, by reason of its rank as a city of
commercial eminence; therefore, be it
Resolved, That the above facts and conditions are ample reasons why Cincinnati
should feel justified in attempting to so firmly establish herself in the minds of the people
as to perpetuate the above conditions indefinitely.
Resolved, That it seems proper at this time to employ her present indisputable posi
tion as the leading city of Ohio as a basis for expressing our unfailing confidence in the
strength, stability and ever-increasing activity of the community, and as citizens thereof
we invite all cities, towns and communities to co-operate with us in sustaining an ad
vance movement from which all will be eventually benefited.
To this end, representing as we do the business interests of Cincinnati, we pledge
ourselves to carry out this most praiseworthy task.
In witness thereof we affix our hand and seal,
[SEiL] CINCINNATI BUSINESS INTERESTS.
CINCINNATI ASTONISHES WORLD BY WONDERFUL
GROWTH IN A MERCANTILE AND FINANCIAL WA Y
polis of Ohio Takes Giant Strides in a Business
Way, Leading All Her Competitors in
a Desperate Race.
ish and selfish enemies of large
are frequently heard to remark
uch and such a city was "an acci-
or, in comparing the city in ques-
with their own. that "they were
or we would have been just as far
ced.”
uments galore can be brought fer-
to refute a statement of the above
e, but none, perhaps, is more force-
lan a simple reference to the bank
ngs of a large and prosperous city.
:h!s article has more to do With the
jt Cincinnati than any other city
s territory, a casual glance at her
ng house statements more than con-
; the observer that Cincinnati is
f the leading commercial centers of
auntry and is destined to be one of
reatest in the world.
Growth of Cincinnati.
growth and development of Cin-
tl that is now in progress and that
een going on for the past two years
nething marvelous,
few. if any. realize, or can appre-
of rapid and progressive advancement in
finance, commerce, industry and build
ing.
The public is just awakening to the
fact that the city is rapidly pushing
ahead, but it has no conception of the
velocity of the movement.
This is more apparent to people who
are not right here day in and day out.
The exchanges through the local clear
ing house, however, give undisputable
evidence.
The daily, weekly and monthly in
creases in these tell the story.
They have been almost unparalleled and
indicate the rapid strides being made by
Cincinnati.
Shows No Halting.
The year 11)02 shows no halting In the
steady march of progress of Cincinnati,
while 1903 begins with most gratifying
evidences of an advance over 1902.
The progress of Cincinnati can nest be
shown by comparison with the progress
of her rival on the shores of the lake.
Such comparison is all the more ap-
cinnati, as an Ohio Valley city, for recog
nition of the claims of the Ohio River to
the favorable consideration of Congress
of the Bromwell bill for a preliminary
survey from the Big Miami t,o the junc
tion of the Ohio and the Mississippi.
The figures of the clearings of 1902 are
now fully collated, together with the
report of clearings for the week ending
January 3 of the current year.
Their showing is one of continued ad
vancement in commercial and industrial
branches, their testimony being as fol
lows:
Inc.
Clearings. 1301. 1302. Pc.
Cincinnati $972,502,450 $1,089,902,000 11.1
Cleveland 702.3oS.642 762.604.1S7 8.5
The clearings for the month of Decem
ber, 1902. were as follows—all figures being
taken from the Financial and Commercial
Chronicle, of New York:
Inc.
Dec.. 1901. Dec., 1302. Pc.
Cincinnati SSI.656.400 { 95.015.330 16 4
Cleveland . 6U.3S2.056 65.523.774 *.5
The clearings for the week ending Jan
uary 3. 1902 and 1903. round out the Tale
of Two Cities in the following figures of
increase and of decrease:
-'"Week ending January 3. 1902:
Cleveland
Cincinnati
Week ending January 3. 1303:
Cleveland
Cincinnati 13.9S9.150
The story told by the last array of fig
ures is a story of im'cease of Cincinnati's
rS>f *1
$14.9*6.656
18.345.830
cent, and a story of decrease of Cleve
land's clearings for the week indicated of
5.6 per cent. •
Significant Addresses.
Two addresses were made at the meet
ing of the Credit Men's Association in this
city recently, which are of peculiar in
terest to Cincinnati.
One was by President Selby, of the
Selby Shoe Company, of Portsmouth. O.,
and the other by Manager Duble. of the
Cincinnati Clearing House Association.
President Selby, who travels much of
his time on business connected with his
establishment, said, that the marvelous
development of Cincinnati was. so far as
his observation went, more a matter of
National than of local comment.
Manager Duble said that while the de
velopment of the city along all lines, com
mercial. industrial and financial, could be
only characterized marvelous, it did
not seem to be appreciated at home, and,
he added, possibly because it could not.
He likened it to the growth of a child,
not noticed by members of a family, but
instantly appreciated and noted by per
sons who had not seen the child for any
considerable length of time.
Development Is Marvelous.
That the development is marvelous is
shown by the increased activity on every
business thoroughfare; by the incon
veniences to which citizens are subjected
jvK_fhe. mndH'-hm of modem, buildings-
by the remarkable fact that the cost of
the buildings, running far into the mil
lions, is being paid without the borrowing
of one dollar from local or foreign sources,
and by the showing of the clearing house
for 1902, the clearings for that year being
$1,080,902,000, an increase of more than
$300,00o,000 over the clearings of 1901.
Easily the first and foremost city of
Ohio in commercial, manufacturing and
financial interests and easily the foremost
city of the Middle West, with an awaken
ing on all sides and a development having
nothing of the fictitious In it-
Railways Reaching Out.
Great railway systems reach out for
terminals of capacity sufficient to accom
modate the trade Of Cincinnati.
A railroad of her own and another be
longing to a friendly system, bring the
South to her very doors, while other
roads are extending their lines and their
Cincinnati connections in other directions:
with an admirable city government—with
all these things at her command the fu
ture of Cincinnati is assured to a point
beyond the efforts of all rivals to com
pete with her in her chosen lines of
trade.
To all these advantages there is to be
added the Ohio River, and the certainty
of its improvement to a nine-foot stage,
not by any means the least, but one of
the most important, of all avenues to the
markets of Cincinnati.
Expanding Railway System and Greater Bank Clear
ings, With Busier Markets, Tell the
Story of Prosperity.
f
One thing remains, and that is for the
authorities to take into the city the sub
urbs which have been built on the hill
tops and out the valleys, tributary to Cin
cinnati, and part of Cincinnati, and make
her the first city in Ohio in population,
as she is in all other things.
A Tale of Three Cities.
The Courier-Journal, of Louisville, de
voted an editorial to the bank clearings
of Cincinnati and Cleveland, with side re
marks as to the clearings of Louisville,
but the apparent purpose is the exaltation
of Cleveland at the expense of Cincinnati.
The reason for that course is not In
any degree apparent.
Whether Cincinnati is the greater city
or whether Cleveland is concerns Louis
ville not one whit, for Louisville, charm
ing city that it is, is not in the class with
either one of the two Ohio cities.
The Courier-Journal gives the figures of
the clearings of Cincinnati at $437,591,500
and of Cleveland at $299,318,643. from Jan
uary 1. 1903. to May 14. and it is altogether
Immaterial where the Courier-Journal
got Its figures—if they arei not exactly
I correct they are approximately correc*
and fairly show the enormously larger
volume of business done in Cincinnati
over the business done tn Cleveland.
The Courier-Journal, admitting that, on
the face of the figures, the showing is
conclusive against Cleveland, thus con
tinues:
"However, Cleveland has a telling re
sponse to this. The Commercial Bulletin,
of that city, in its issue of May 25, charges
that the Cincinnati clearings are comput
ed according to the old fashion of includ
ing both the debit and credit balances in
the totals, thus making them double what
they should be. The Commercial Bulletin
quotes Colonel J- J. Sullivan. President of
the Cleveland Clearing House Association,
as authority for its statement and inti
mates that the fact is well known to
bankers all over the State.”
It is not the first time statements of
that sort have come out of Cleveland, and
in giving currency to them the Courier-
Journal is but following in the wake of
the Louisville Post, which made them sev
eral weeks ago.
The statements were not true when the