Show NEARING BEARING THE TIlE DANGER LINE Unless s tho sober sense senco of conservative leaders rs is submitted for the tile unreason unreasoning unreasonIng unreasoning ing and nn unreasonable epidemic of Strikes throughout out the country cou tr the genuine genuino workingmen or of the country are arc likely to find that the limit of ot productive the live returns for capital has h s been reached rea ed and that improvements now contemplated con ted will be stopped forth forU forthwith forthwith with From Prom New York where the dock lock laborers have havo suspended shipping busi bust business business ness nos to o San Francisco where nearly every every trade Js Is involved in some sort of difficulty higher prices are asked for labor than have ever been known be before before fore toro and the demands have baye b ve been fol fh followed lowed elJ by disturbances which wh ch must in inevitably n react unfavorably on capital and labor alike The dispatches yesterday brought re reports reports reports I ports of or a meeting of the executive committee of the Chicago Milwaukee St Paul railroad at which the tho commit committee tee seriously the abandon abandonment abandonment i ment of the projected line to the Pa Pacific cUte coast with terminals in Seattle President Earling urges ur es the cessation of work on the extension if it can be bedone bedone done e without too serious cost in outlay already al adY made To provide funds for this great grent transcontinental project the company had Issued In se so securities securities it had made surveys through Dakota Montana northern Idaho and Washington part pf pt the tM construction g has ha already been done aone rights of way I I I I I I II I i i have been secured and terminal te n l facilities facilities ties tc The cost Qt of o these thes t pre pro preliminaries Preliminaries alone has run into millions yet the officials p t the road aro ero rf ready dy tp abandon the th undertaking un The cost of labor of ot materials mat and supplies has risen hostile legislatures legislature hn vc ena enacted ted laws J ws whIch would ld reduce the revenues materially ma on th line us securities cannot bo be floated profitably I under the e adverse conditions resulting from these thes factors and it is likely the opportunities for labor in tho t construction of 01 the t e road r d will be lost for tor some ome years ears to come If not pot altogether t r Here in Utah conditions are rapidly I approaching the danger line fine because bec use I the t e cost of ot building material m of labor of everything entering enter ng into constructive con work is getting so o high h gh that capital re regards regards regards gards future operations apprehensively Murray Is confronted with the tho possibility ity it of a shutdown In its smelter be because cause e of a strike of ignorant foreigners who wIto refuse to work wor themselves seles or let American laborers work who wish to ton It n is needless to point out the loss to ts Murray and d Salt Lake Lako that hat would fol tol follow tollow follow low the closing permanently of the American plant Even If It work is plen plentiful plentiful elsewhere ere the enforced change of residence for American laborers laborer would be expensive expansive to them and it would foul be followed by b a deadly loss to the Ule mer merchants merchants chants and citizens generally of the smelter town At nearly every point in the state where large numbers of ot men are em employed employed the discontented have hilve stirred up trouble At Garfield the Utah Consol Consolidated Consolidated Consolidated is erecting two mill units One is completed the other Is under way a aThe The builders say that the second unit an exact duplicate of the first is cost costing costIng costing ing 23 3 12 13 1 per cent more than the first although only a year ear separates the two These two instances are used only by byway byway byway way of ot Illustrating a condition that threatens the welfare of the state and Its every community It Is natural nat for men inca to tf t Qt as JIS as is they can for their wares or their labor but there Is Isa Isa a 1 point where capital can find no in for investment in construction construction construction tion or other active operations and that point is being Qed too rapidly for comfort When hen it is reached build building building ing operations ls come to a standstill manufacturers reduce their scale of operations business stagnates and and eventually prices of labor Jabor as lS well as of commodities sink to a lower leveL Jevel With conditions all favorable to a prosperous year ear here in Utah it would be e folly foUy for the tile men Who vho have h ve it ft t In fJ their power to make or mar the future to wreck the tIl whole structure of pros prosperity prosperity prosperity by unreasonable le and exorbitant demands either cither elt er for labor or for com corn commodities commodities simply because h cause a temporary emergency seems to offer olter promise of success in such demands The killing of the goose gOO e that laid the golden eggs is more than a fable it applies app ies exactly to conditions in Utah |