Show MORE HOPEFUL TRENDS the forces of recuperation are steadily gathering momentum from all parts of the co country antry come reports of more favorable business trends and better than all else the substitution of a spirit of optimism for the gloom that has been too dominant in the national thinking hard upon the heels of the announced purpose of the american bankers association to cooperate with the government in the recovery program came a declaration of like purpose from the investment bankers association of america the task set by the latter group is indicated by president cranes comment that the most vital problem of recovery is to reopen the capital market in order to revive heavy industries and that this is more a function of investment bankers than of commercial bankers retail trade has remained good in recent months a fact which has contributed a persistent cheerful feature to the business picture observers now predict for this year the best christmas trade since the depression began everywhere ery where one detects the substitution of optimism for pessimism the replacement of a spirit of antagonism by a spirit of cooperation era tion merr merryle Y ae stanley well known economist struck the prevailing note of hope the other day when he declared that the prophet of doom who kept repeating that we were on the berge verge of collapse has been belied by the course of events he added that the new attitude is to regard business men and bankers as instrument instrumentalities aim t tes for economic improvement through whom the president can work |