Jasper County Democrat, Volume 14, Number 47, Rensselaer, Jasper County, 16 September 1911 — MAC VEAGH AS AN OPTIMIST [ARTICLE]

MAC VEAGH AS AN OPTIMIST

Treasury Chief Says Country Is Pausing to Take Breath. Boston, Sept. 15.—Optimistic views on the business situation were expressed by Secretary of the Treasury MacVeagh who was in this city after visiting President Taft at Beverly. “Regarding the general business situation,” said Secretary MacVeagh, “I ara not a pessimist. The country is simply pausing to take breath. After its headlong flight of 1906 and 1909 a setback was inevitable and will be of immense good. ? “The banking situation, from the reports that I hear, is sound enough and the national treasury is on ‘easy street’"