Indianapolis Times, Volume 37, Number 128, Indianapolis, Marion County, 28 September 1925 — Page 5

MONDAY, SEPT. 28, 1925

TALK will never rob Indianapolis of its GEOGRAPHICAL’ LOCATION. Indianapolis is at the middle of the richest nation on earth and no amount of pessimism or commercial cowardice can ever remove that one UNANSWERABLE FACT, _ Don’t worry about Indianapolis. Her future is INEVITABLE.

Right while the pessimists were moaning the loudest and hanging great FESTOONS OF CREPE over everything, Indianapolis —PUT A MILLION DOLLARS MORE INTO HER SAVINGS ACCOUNTS than she did during the corresponding six months of last year. ♦ * * * * Simultaneously, she put TWO MILLIONS MORE INTO BUILDING PROJECTS. The last available records show that we now have TEN MORE factories in Indianapolis than we had last year —employing about 500 more workers —and producing nearly TWENTY MILLION DOLLARS MORE IN REVENUE for Indianapolis. The assessed valuation of property in the city is ELEVEN MILLION dollars GREATER than in 1924.

And the bank transactions up to the first of July were nearly FORTY MILLION DOLLARS GREA I ER than for the same period of the preceding year. * * * * * Our tax rate is pretty high—GRANTED. But so are our real estate valuations; and it’s the improvements PAID FOR BY TAXES that INCREASE these valuations and make Indianapolis a very RICH and PROSPEROUS CITY. We have more miles of BOULEVARDS today than we had miles of ordinary streets five years ago. We now have the best ILLUMINATED city of its size in America. We have more good clubs than any city of its size in America —more golf courses —more homes OWNED by the people who live in them -—more BUSSES —more METROPOLIIAN ACIIVITY in every way than any substantial, conservative and SAFE 'CITY of similar size ON EARTH.

MEYER-KISER BANK SOL MEYER, President INDIANAPOLIS

Regardless of all that is being said and done by a few civic alarmists to arouse doubt as to the destiny of this good town in which we all have chosen to live and to do business —INDIANAPOLIS IS GOING RIGHTAHEAD — conservatively , steadily and IRRESISTIBL Y. There is no stopping her now . Asa matter of fact all this chatter about the terrible things that are going to happen to Indianapolis reminds one of a handful of fish eggs arguing over the fate of the Pacific Ocean .

THE INDIANAPOLIS TIMES

Some Signs of Indianapolis Progress From figures compiled by the Bank Department of the State of Indiana, and the Indianapolis Chamber of Commerce. First First Six Months Six Months Increase 19? I 1925 Savings Accounts $ 23,688,322 $ 24,647,218 $ 958,896 Bank Transactions 1,502,836,000 1,542,563,000 39,727,000 Building Permits* 12,132,844 14,172,961 2,040,117 Population—l 924 —357,000 1925—363,000 Assessed Valuation —1924 —$639,494,800 1925 650,234,470

When a town or a man gets to a certain place in life the one and only thing that counts is PERMANENT SECLiRITY. Indianapolis is now an established city of real EXPERIENCE and SOUND BUSINESS JUDGMENT and endowed with that mature courage and vision which comes only with MIDDLE AGE.

No matter what happens in this country, certain FIXED FACTS can never change. The Pacific will still be on the West and the Atlantic on the East. The Gulf Stream will continue to flow by and to breathe supreme happiness on Florida’s enchanted coast. And at the middle of it all—the very HEART and the very HUB of all AMERICA •—will always remain —INDIANAPOLIS. / * * * * * Meanwhile, we can somewhat hasten the manifest destiny of this distinctive and priceless town —by talking less—and —WORKING MORE —by quarrelling less —and, as an entire municipality, may we suggest that we bury our hammers and our hatchets and do just a little —CO-ORDINATING? Do we hear a second to the motion?

That’s why our institution has been willing to invest money in Indianapolis building and real estate development to the tune of MILLIONS OF DOLLARS; and why stand ready to invest still more. That is why we retain Indianapolis as the basis of our financial activity which has gradually spread out until today it is well nigh NATION WIDE. s)c ifc afc a(c Coldly and conservatively, we have, to the Lest of our judgment, MEASURED THE FUTURE and our answer is —we are still betting on Indianapolis —to the LIMIT. * * * * V We regard the future of Indianapolis, not as*a gamble but as a pure matter of mathematics—the inevitable repeated multiplication, year in and year out, of certain clearly defined and CONSTANT FACTORS that can never change. *

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