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Show WHAT RATE DECISION MEANS TO SALT LAKE - Ths National Copper bank's weekly letter. In ths printer's bands today, points out the big advantage this city gslns over ths new freight rates .alignment. .align-ment. It says In part: ' "A saving to Utah of tl.SM.MO In ths cost of bringing 1 commodities Into the state, and an Increase In the business of our Jobbers, wholesalers and manufacturers manufactur-ers of 16.000.000 In twelve months, are what we have a right to expect as a result re-sult of the decision of ths Interstate commerce com-merce 'commission, which reduces ths charges that railroads may make for carrying car-rying gooda from . Mlasouii river points and eastern ahlpplng centers. Rait Lake. Ogden and Provo will now be able to command the business of ths enormous territory surrounding them. They will be warranted In sending their salesmen into every corner of the intermountaln region. No longer will the necessity for the ''back haul' from the Pacific coast rob them of the opportunity to compete on an equal basis with distributers east, west and north. The water competition long and short haul millstone, which has hung about the necks of our manufacturers, manufac-turers, wholesalers and Jobbers for a quarter of a century, will be cut loose November 16, the date on which the de-clalon de-clalon takes effect. Then they will begin to rise to the surface of their opportunities oppor-tunities and we shall all taks a share In the proSts. "One of ths greatest benefits from this sctlon of the commission will come to Utah In the line of building activity. The cost of modern structures will be materially ma-terially reduced, while the furnishings and equipment for them will slso cost much less. - We should not overlook the f-rthss test that, br lbs later sis La com-. merce commission decision, the railroads muat Justify the "higher rats for the shorter haul." The burden of proof of 'water competition' la lifted from the shoulders of the shipper and the consumer con-sumer and placed upon the carrier. "While we are thus basking In ths sunlight sun-light of a future prosperity and growth for our own commonwealth ana the Intermountaln Inter-mountaln region, we gladly note the Ira-proved Ira-proved tone of buslneea throughout the country, with s 'trade balance' In our favor of I6M.IKM.S00 for the fiscal year Juat ended, an excess of 1212.000.000 over last year, a crop situation which cannot be construed otherwise than aa favorable: favora-ble: increased earnings and activity in steel, and a continued rise in the volume vol-ume of bank deposits, we are Justified In the statement that the hualneas condl- tlons of the country are on a fundamentally funda-mentally sound basis. The best Judgment of men who are familiar with basic principles prin-ciples Is that a far aafer atate of affairs af-fairs now prevails than for several years paat. as it Is practically void of . both speculation and Inflation. Thla will surely sure-ly bring results far more lasting and more beneficial than the unnatural and artificial boom conditions which we so often unwisely desire. . The American buslneea public, always discounting Impending Im-pending trouble In advance, has been through the throes of sn extended liquidation. liqui-dation. It Is our honest Judgment that capital may now find safe and profitable Investment In any legitimate enterprise. |