Show EKERS sa s1 SUPPORT 2910 EXPANSION ny by rt S vice I 1 f pr esdert iseke american Anser ifan Bax krs association universally recognize that bakkers t the e prinle economic need of the nation Is the S stimulation lation or of sound bound industrial du and com coin mercial activities and recent trav el els 3 over a wide stretch ot of the HIP country have shown roe me that they everywhere are making all effort possible to lend constructive financial support within the scope of their proper R s HECHT banking tune fune eions to pramot ins ing tile the expansion of business activity frequently in times past when out our country suffered from an economic de pres slon and consequent meat on a large scale the rise of gonie broad new industrial development such each for instance as a new industry n astry like the automobile industry las has beer a powerful factor in stimulating a rp re turn or an accelerated growth of no na tiona 1 I prosperity such a movement means maans the creation of new wealth the employment of large groups of people peaple on useful unas lines and as a consequence tle the pro production ducton and distribution 0 sound effective purchasing power blikh Is i t form of wholesome eco nn anmie nc stimulant that has none of tile evils of monetary inflation A new force for ampro cm n perhaps we have at hand it if not the rising of a wholly new industry f measurable equivalent in the sillies of a v widespread ide spread rebuilding ano am modernizing movement such as homi r ilant remodeling the pul pui tins of our rall railroads railroad road on a high speed breet sir air conditioned basis bud and other kalua ble be developments in the cors cons ruction ruc toi fiad the ejects of such activities or employment and bicay lines of bust busl ness would be most and I 1 can leneat without reserva reservation tion that wf w lian banters lem are willing and eager to pla our full economic part in n any such con tive developments it his has been made to appear that thai money has not gone to work beckus bo cirs of the timidity of bankers rather t than han what Is a true explanation because business men have not had enough con evence in the business outlook to bor row the dollar from the banker and put it to work the basic requisite to the expansion of commercial bank loans is sound normal business conditions on which to conduct sound normal banking operations erat ions the best business a bank can wish tor for Is the opportunity to loan money to successful business men and manufacturers imbued with confidence to enter upon aggressive business en terp rises and endowed with the ability to bring them to successful conclusions such loans mean business activity for the community growing pay rolls and prosperity and the banker wants to make them because to be identified with such activities not only means profits to him but additionally brings him the reward ot of good will in his community there Is no better proof of the great desire of banks to take care of the short term requirements of the business world than to point out the abnormally low rates at which this demand la Is being supplied at the present time |