Show GATHER TO EAT AND BOOST UTAH of Commercial Club and Guest Guests t Fou Au Annual Ban piet t CANEEN AND WC W C T U HO HOME E OF ITS OWN AND SEE AMERICA FIRST IN SPEECH AT T JH FUTH FOURTH annu annual banquet banquet A given by the Commercial club last night members and fends friends eve every business ad and slon sion were ware present The speechmakers included some of the bet best in Utah There ware both on and of off the One of thoe those of off the was a announcement by senator Iod Reed Smoot that he intended then e ad and there to give the tho W V C 1 P U something t to use against him person aly whether the ap re referred to hi his declaration that ho he would vote for tho restoration of th the amy army canteen or whether he in Intended tende tended his stry story D as campaign material fr to tho W C T U i Is not clear At any rate both ad and stor story wont of off wel well ad and Reed received a big hand from hi his hoars hearers Another faure feature or off the tho was a an impromptu tak talk by Captain F FD FD D Ey Ely on the tho ary army canteen in which that ary army officer declared the spirit in which te the various religious forces had waged war on the canteen ws was born ot of misunderstanding Id and was calculated t to instill resentment in the nUke alike bosoms ot of officers and men of the ar army Plea for Own Homo Home Features on the were a pla plea for a new home for the I Commercial club by F Cl Clam m crom I and an address on See America Firt First by Fisher HarIs HarIsOn Harris HarrisOn On the tables and d evergreen twined from one ed end to the other while ct cut flowers added their fragrance Sim liar tor floral decorations were throughout te e largo large dining room In the absence or of President Heber M I Wels Wells who ho Is f Vice President Charles CharlesA A QuIgley Introduced Judge O 0 W V Powers a as toastmaster Mr remarks were brief The toastmasters place was in the middle of the room on the south side uner under a lage large drape draped Aerio American t flag From om this point the remarks of the toastmaster carried much beter better than when then thIs place WR was located at the ox ex teme frame west end Judge Powers Speech Judo Judge O 0 W Powers In the introductory tory speech or of the evenIng spoke 8 as fol follows follows lows ur I express my sense of obligation at being caled called upon to preside at this the anual annual banquet of the leing leading business and social ot of Utah appreciate the fact that I a am a member of a an association that a marke marked influence upon the socia social life of the state od and which is a geat great factor in al all that pertains to the wel well being of our people The Tho work that Is being done by thIs club encourages and our Industries trie and constantly points out to capit capital ad and to labor new avenue avenues le lead ing to profit and success Fm From the day dayot 1 ot of It its organization it ha has advanced in usefulness until It ha has become a pr per and most mOM beneficial institution HI I have not time nor Is It needful for forme forme I me to revie review the work that ha has ben been a ac accomplished This club been ha ben the lead leader leador or er of the people In al all that has ben been for forthe forthe the peoples benefIt it its members have labored wih with an unselfIsh and patriotic spirIt Looking beyond yond the tha con tInes lines or of the state I it now sends its get greet b tags to the a d urge urges the thou tho who annual annually tour the Od Old World to l rn how vat vast In extent how mag In s scenery ener how ho varIed in cl cli climate mate how wonderful In our ow own lad land is Is ad nd to see AmerIca frt first In this L as In aJ nil Its efforts the Corn Com club will il succeed and In time the tho tide of travel wi will turn towar toward the mountains with their lofty ganie granite peaks toward the valey valleys nestling far below ps girt about wih with rocky walls ali ad and a as beautiful 8 as any beneath h n ns blue ah arch toad toward the tho fertie fertile slope of the golden west toward the land whore rols rolls the geat great Clumbia lumbia toward the wonderful of the wonderful north Can Can men more profitably lar labor C Caa you Ou better than to 88 see the at at ofa of a purpose tha that wi will caus cause your fellow countrymen gasing upon the marvels that we of the wet west have to of for fer to declare he t t U This Is I n wn my nth natIe lad land Significance of Banquet This annual banquet banquot Js is a gathering of the earnet earnest bu business lne men of Uth Utah when they take stok stock and lok look Into the Is fu turn turn I bespeak for thos those who wU will ad dress you ou upon the subjects that have ben been chO chosen e the most serious thought ot each and nU nfl Thee These annual banquets hwe a deeper significance than usually attends gatherings thorn 8 abut about the festive bard board Her Hero while to the tho boat thought of some of our but best business businessmen man b men turo wo we cn can pla plan for the t tu The year that will il son soon dawn gives e ot of great eat activity in this state nd and ot of gent great to our citizens SAl Salt Lake Is the tho City of Utah is Ia a state that wl will reward capital and mor more lavishly than any other part ot of the The Commer la Is the organization that will aid to unite wU ad unie discordant factions investors pint point the WRY way to prosperity I an and develop our r re resources I sources Here Is to the health of our club to It its officers and to It Its members May It ad and tle they Ive live long long and member prosper I ITe Te The s second cond speaker P F Clem wa was Introduced by Judge Judg 1 Power Powers 8 as the mn man who make makes the cr cars stop Speech by Schramm Mr rr Schramm Rod said TIm The Commercial club wu was organized nearly four years ears ago with members and a an intention to spend o on equipments It Ft had tt to win It its way to public td and It Its organization W wes regarded as a doubtful experiment In the tho time stated tate i it has its membership to five hundred and fifty and ad has expended on furnishings for its quarters I It ha has wo won furnishIng the is or of ie he whole population of creed or political ad and here is 18 the only place In the state state of Utah where 1 classes of our fellow citizens without regard gd to outsIde affiliations meet on common welfare gund ground ad and pla plan for the general It Its membership Is made up ot of rIch men and poor men r ng from d pr j lawyers and rich banker bankers cler clear up through the various strata of our municipal life Ufe to druggists I It represents nearly al an the tho wealth ot of he state ad and practically every Industry pled plied by our citizens I It has carried out the purposes of the mon men who established i it ad and ha has made god good to a geter tha than ever was hoped for forby fory by y it its mst most enthusiastic frends friends Has Stood for Progress Those of you ou who are e familiar with tile history of the state In the pt past four ta ar are a are oo necessarily familiar with lo hisor of the Commercial to two ar are one one Tho ho cub club hM has oer ever stood or a an elevated tye type ot of citizenship and fr hav hays in ovary every instance been ml inked by bra t of thought and ana bon boa boaT T et esty of purpose The Tho schools which it Il Open when the board of education decue declared tem them closed are bof It Its debtor debtors Thu of coal whom It saved saved from unfair charges owe I It a debt of gat THe jobbers merchants and cn con consumers Burer sumers ae are al all under obligations to It for forthe forthe the get great victory i It won by the OU one ad and persistent fight Jt it waged for to the revision ot of local freight schedules The whole world owe owes It t thanks for the won wonder wonders der ders of native It revealed by bv it Its famous exploration ot of the Sa San yuan ua country cu n tr To Is Its efforts ae are due the warm feel foel feeling Ing of friendship existing between this city and Los Angeles The ho remarkable Intestate interstate occurring In the sprIng of this yea year marked a now new record In wholesale and won for our people a reputation for generous hos that is without equal anywhere See America Movement The Inauguration of the Seeing Amen Ameri America Te ca movement moyemont has placed placed I it high up among the great commercIal organizations of the geat United State States ad and made It faou famous wherever the English language Is spoken It has baa become in four shor short years the intellectual ad and industrIa Industrial te clearing house of to the sUta states ad and yet it lives In rented quater quarters has made mado In a hundred different ways i it ha money and fame for tor Uta Utah and yet It pays annual tribute to a landlord I It has entertained almost every distinguished man who has during it Its lifetime visited Utah ad and yet I It ha has no home to cal call its own Other clubs in our olt city with onlY sia social own Interests cubs at heat heart with a ad and lose Jess wealthy membership ae are corn com housed in beautiful structures of th their lr ow own This club ha has been alert vigilant And patriotic In Is its service to the tho people but In Is its activity for tor the general goo good it has neglected Is Its own comfort comfort I it deserves and should have an elegant home in keepin with Is its public accomplish accomplishments ments It must have and that soon a building ment which wi will be a c credit to the tho city ad and one to which it its members can point cit wih with pride pride Let us determine that when pint th the fifth irth annual banquet Is given It shall ihl ho be under our own roof And i that that roof coer cover a structure tha located in the heart of the busine business dis triot of the city that will cst cost not less than of a million dollars and that that thae there shall be emblazoned upon Its topmost part in n gilded letters lar large e is to b be sen seen throughout the valey to vIs visitor and that will emphasize every wi that thi this Is the homo home of that gent great western Europe If you wi will but so see America America first Charles N was introduced as asa asa a conservative yet enterprising bust busi naI flees mn man thoroughlY identified wih with the business enterprises of the state The uThe Business Outlook The he Business Outlook was the tte title 1 of the tho third adres address o of te the evening The speech fol follows follows ora orad by C N Te lows In ful full fullIn In November Samuel Benner the OhIo famer farmer who 19 has Smuel been predicting the based on pig Irn iron cor corn ad and hogs flogs sad said I predict that pg for pig iron railroad stocks and many commoditieS will be lower stock in 19 1904 than In 19 1905 I pro wI diet dict that that after the year J there wl will be bea bea a revival ater of trade better times and that higher a pric prices wi will preval prevail until the yer year iou The present down cycle in prices and in general business end ends in 1 1904 Ater After the year ea 10 1904 we enter upon u a now new up cycle for better times and for lon long con continue continued prosperity in general business lasting until the next commercial genera revulsion revulsion sion whIch wi will be due In The corn com coming lug ing opportunity to catch catch business and prIces at their lowest limits of depression will 11 not happen agin again for twenty yeas years It Is estimated by financial expert experts that the in values In railroad min mining mm ing ad and various ae industrial dur during during ing th the l last t two yer years amount to 0 It Is possible that the loss of 00 this vest sum or of money can b be recovered ad and a a more ot of Inflate Inflated values added to those these securities during duIng the corn com ing sIx years ig In December 10 1004 M Mr Benner sad said tI I predict that prices for pig Iron wi will a ad adVance Vance and and be higher in 19 than in 1 1001 I predict that pric prices for railroad stocks fd and Industrial securities wi will b be higher in l tha than In 10 1001 I predict tt that there will be a revIval in business and tat that the volume of trade in 19 will 11 emceed that of 10 1904 may many millions of dollars I pro pre duet duct that thee there wl will be moderate good times for the next four years es Looking backward from the standpoint of the month of May l when generl general bust busi busine nea will be plunging ahead wih with leaps ne il b and buds bounds when prices for Iron ral rail railroad I road stok stocks industrial securities ad and va various rious products ad and commodities wI will be may many times higher than they w we e in the sprin spring of 1 1904 we can then see the val valle valley le ley of depression ad and contraction In bust busi bustness nes ness durIg during the first halt half of that yea year when the New York stok stock exchange Wl we wea a a lonesome place U S Steel share shares 8 8 fOr common 61 preferred when generl general busine business was at a low ebb obb railroads cur curtailing tailing expenses and when pIg Iron war warrants warrants rants were ere 9 a ton This backward vIew of the Ule commencement of the upturn in inthe Inthe the markets Is to record the preliminary stage stages of the coming go good times Pg Pig Irn Iron is the barometer of trade When the theIron theiron Iron trae trade is prosperous i It signifies pros prosperity for railroads fur for fur for merchant merchants for farmers and and for gen geri genera era ersi business in every department of oC trade Te The trend of gener general tre trade in this country follows the pig Irn iron c cycle ele as per persistently as dos does the magnetic nele needle needlepoint point to the poles of the earth Correctness of Prophecy having Mr r Beners Banners predictions before us it is pertinent for fOl us to Inquire whether we e my may place confidence in him hima himas a as I a pophet prophet In 18 1876 Mr Benner pub published his first prophecy giving facts ad and figures from 1 to l 1 Ring Reading In Be cember 19 his predictions for this ye year I made In l 1904 one yo year aea ahead we canot cannot but adIt admit the their correctness PIg irn Iron I which wa was ten then 0 is now 16 6 per ton The he record of the New Nw York cearing clearing clearinghouse house shows tha that for the yea year ending September l 1005 the transactions agre approximately ro he greatest record prior to this wa was In 1901 when the transactions aggregated 77 U S S Stel Steel common Is now 1 3 preferred 51 and this condition af affect a nely nearly al all stocks including our own you mining al all allI stocks a cond condition ton wel well known to I he have Quote quoted freely from Benners Prophecies and whether we bleve believe In them or not not we must admit that that thE the gen generl general erl eral business conditions all over our count country are better than ever before and th that prospects for 0 a continuance of good time times ae seem ver very bright Having glanced at In the Country at largo large lot let us now consider the outlook In te the int country which more directly affects us Has Hag i it ever ben been more favorable Our mines are are producing a as never before and the product i is being sold at high pro prices our mines ad and mining men have an envia We ble reputation the world over Our sm smelt t ter er ens ao are working night ad and da day ad and with the now new ones building wi will make this the smelting center or of te the Uie United State States Agriculture Is doing wonder wonders in al all dI directions of ares acres ae are being brought under cultivation Immense Ir projects are are being carried for forward wad ward by government aid and private funds funda Te The dry taIs arns ae are producing wonderful crop crops Our Jve live stock Interests are In tine fine condition our sugar 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