| Show I I BUSINESS MINING AND STOCKS The Proposed Excursion of Eastern Journalists to Utah THE GOOD IT WOULD DOt DO-t An Address From the Committee Com-mittee Appointed to Consider Con-sider the Project AMONG BULLS AND BEARS Rather Dull Day on the Stock Exchange the Ladle Will Be Invited to Tnlie a Hand Pollocks Weekly Review Re-view of the StocU Market The Latest XCWM Veom All the Mining rumps YcKterilays Quotations Ore and million Receipts The Dank Clearings Bunincss Briefs Mining Notes and Personals By direction of the joint committee 1 of the Mining exchange the chamber d f commerce and the Press cub the undersigned un-dersigned subcommittee beg leave to submit the following a reasons why the proposed excursion of journalists from the leading newspapers of the east should receive the earnest cooperation and support of the citizens of Salt Lak Under tin conditions resulting from the clothing of Utah with statehood a feeling of abounding confidence in the new state has become manifest While in a very large measure the vast and varied resources of Utah have 9 been long known throughout the country coun-try there has nevertheless existed a p freling of distrust as to what the ulti mate utcome of the social problems presented would be Tith the granting grant-ing ctf statehood however all uncertainty uncer-tainty has vanished and our citizens I as well as those not of us yet interested c interest-ed in Utah for purely financial reasons have settled to an abiding conviction I that a period of great rapid and permanent per-manent development has begun for this section the like of which has never before be-fore been known in all the west MINING DEVELOPMENT Primarily the mining developments of the last eighteen months together with the great interest excited by the discovery of gold the world over has given an immediate momentum to the I financial interest attaching to Utah I t throughout the United States which could have been quickened in no other way a rapidly and as effectually I has long been known that as to varied mineral deposits of nameless quantities I no section in the west was fairly in comparison with Utah Moreover all I the vast resources which in truth maybe j may-be said to i > e limitless in variety are i i of such undreamed of abundance and so easy of access that it has needed i capital and population alone to warrant the inauguration of almost any kind of industry common to the world at large AGRICULTURE i I must be borne in mind in this con n ° ctioj that in the matter df > climate Utah nrcsents a variety no less re i markable than the state of California and that cotton and s < snmitropical fruits may 0 numbered among the products of the new state So in an agricultural agricultu-ral sense Utah has possibilities before her that the world has not dreamed of whie her arable aiea has by no means approached the limit of exhaustion To 0 satisfied on this point one needs only to note the great number of irrigating projects now in contemplation contempla-tion or already being pushed rapidly to completion while the innumerable streams pouring into the many valleys tat are the charm of this almost charmed spot considered in connection with the great area that may be made subject to the husbandmans blessed t < i must convince the most skeptical that the development of Utah agriculturally 4 agricul-turally is as far from having reached its limit as the new state has reached tIP apex of its glory in a mineral or manufacturing sense POWER ENTERPRISES And speaking of the streams pouring their wealth of living waters into the valleys it is not inappropriate to direct the attention of our own citizens to the disposition now being made of these waters before they come under the watchful guardianship of the husbandman husband-man who turns them upon his fruitful acres Though Utah is blessed with coal fields almost limitless in extent these streams are everywhere being harnessed to furnish power for industries I indus-tries already in existence and which ae to come into existence by reason of t the cheaper power that is to be supplied by their utilization suppled among these is the great plant being put in at Ogden and on which work has been in proffraw for so long a time Then we have three companies at work at the Big Cottonwood canyon which are to furnish power for the generation of i luminating currents for < the operation tK the street car systems and for the I development of mines in the Old Re liable that R great producing camp Bingham In Provo Mayor Holbrook has gotten I 1 i under way a proposition by which that i grand old Timpanogas will be used to develop an electrical current that will wl e furnish power for the operation of the wonderful mines in the vast mineral t district embraced in Tintle Tiltc as well as ± or the production of wel r pr ucton gold In that limit rI less ffrid field generally known as Mer U This power will reduce to lIer wi rdu e to 3 mini mum thp cost of prodtictlonalready phe nominally low and make paying prop erties of mines that might otherwise be i destined to He Idle So the production of gold in this new field may become so great as t exceed that of all other camps in the United States combined And why not No reference to the presence of nat ural gas in and about Salt Lake f City is necessary Wherever this great gift 4 gat of nature has been sought i has been found while its illimitability seems to b surpassed only by the existence of gold in our commonwealth commonwealtl l After all our dependence is primarily I upon our mining resources primariy 11 interior region like ours with its Urn Itetl population much wIh It 1m tJm more depends on these than in localities nearer denser populations nd Where the popuiatons wfere demand for the products o the farm the loom and the forge are therefore greater And W i is a dependence we can make in the r profound assurance that it will force I l such results as to outrun the expectations I expecta-tions of the most sanguine GOLD DISCOVERIES I Despite the blow struck at one of our chief industries there are employed in mining in Utah today more men than ever before and the output of our mineral min-eral wealth is not only greater in quantity quan-tity but also in dollars and cents thanks to the new gold discoveries Not a camp in the new state that is not producing more than ever before unless perhaps two While with the recent development of gold fields and the discoveries dis-coveries in so many places of the royal I yellow metal assurances are given of an Increase in the mineral wealth of Utah thw may not conservatively be estimated Now the reason why we should promote pro-mote an excursion of the representatives representa-tives of the leading papers of the Uni tle ted States to Utah will be apparent I is true that all the facts here stated together with others that time must develop under the impetus of statehood and the recent gold developments will travel the world over and in the course of human h events we will inevitably inevi-tably receive the advantages that the slow spreading of this knowledge is destined to bring to our doors But the wise anticipate I is a duty that in our lives if possible we reap some of the advantages that an earlier dissemination dissem-ination of this knowledge must afford to us who live today Why should we I not make known to the world that in j I the new state are silver mines which I the mines of fabled Potossi may not be compared with that the famous gold of Ophir was a mere bagatelle when considered a a rival t the possibilities of the Mercur ore zone The mines of the famed Rand in Africa for the time ours have been opened are in nowise I no-wise worthy of as much attention while Cripple Creek concerning which the United States is now beside itself with excitement is but as an acre of j ground to the boundless farms of gold I wealth that Mercur offers I we are I wise these facts will be spread widely I I before the investing world and the I I benefits that will come to some must in be shared all citi f a measure byaU our ci i zens in a thousand direct and indirect I ways I EFFECT OF THE EXCURSION I is submitted to the public as a proposition pro-position admitting no discussion that no other plan can be devised by which the spreading of this knowledge will be so rapidly and so successful effected ef-fected as by bringing to Salt Lake a band of keen witted representatives of the leading newspapers of the United States So fa a possible in the time I they will be permitted to stay in Utah they should be made acquainted with as many of our cities and mineral ctes I camps and general attractions as possible I pos-sible They should be shown how laborious labo-rious are the means and how hazardous hazard-ous by which the dishonest silver dollar is produced by a trip through the great producers of Park City and of Tintic and of Binham and they should be made familiar with the little cost involved in the production of gold in the great American gold zone of Mercur The result will be the dissemination dissem-ination of this knowledge through the leading journals of the Union and in all the money centers From these the glorious tidings will spread through all the lesser journals until in every hamlet ham-let and in every home in the nation the news will be carried that the new state is in harmony with the people of this great land and that Utah after all is the Benjamin of all the family of states that its is the golden cup So those weary of the grind imposed upon them for existence elsewhere and others oth-ers tired of the slow process of accumulating accu-mulating wealth where so little is produced pro-duced with the many elsewhere worn out in the contest with unfavorable climatic influences will turn with gladdened glad-dened hearts and longing eyes to the promised land of the new star in the gr at Union Moreover once their bright minds have had close contact with the west there will follow with them an interest in-terest in Utah affairs which must ever be wanting so long as they are unfamiliar un-familiar with us our condition climate mate resources and future a now Once they have been in our midst however and have parfaken of our hospitality there will be among them a never ending interest in Utah affairs af-fairs and in a thousand ways unpur cha sable and therefore more effective this interest will be evidenced in the publications of our country to the lasting last-ing advantage and credit of our state I I THE PRACTICAL SIDE The practical side of this is that it I will take money to accomplish the much desired results Not to bring these bright intellects to this land but to take care of them once they are I with us and to see they are treated as befits the presence of such honored I guests in our midst And the question is Are our citizens sufficiently in citzens sufcienty accord I ac-cord with the aims herein suggested t I and prepared to assist in the accomplishment accom-plishment of a work no one will contend I con-tend is not of the utmost importance to the immediate benefit of the state The railroads will take care of the I guests until they reach our borders I I would then become our duty to show them that western hospitality is not a name but a living entity that will suffice for all purposes If Utah should raise 100000 and endeavor by its use to accomplish as much good in advertising at any sort of reduced rates we could not accomplish ac-complish one tithe as much as the expenditure ex-penditure in the way here suggested will bring about at a cost of say 5000 Will the citizens lend a helping hand to realize what we all so ar dently long to see accomplished Shall we have a press excursion of the lead journalists F J LEONARD R W SLOAN GEORGE E BLAIR |
