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Show I ti! Vast Empire of Riches at Salt Lake's Door ffl I - L IIP"!' : I Naw Railroads and irrigation Projects Will Mtiltiply Many Tiias the Importance of This I As a Commercial Center. I Ave the people of Salt Lake City fully ' allvo to what la in etoro for tho city In I tho way of almost Immediate growth ' and development? Ia It posslblo that I ' tho business element of tho city la to , eomo extont looking backward, Instead of forward, and thereby Inviting the . ) possibility of mls6lng soma of the ad- Vantages to be gained from tho now ln-i ln-i Uustrlou and extensions of Industries and tho building Improvements which i are ulroady assured? Is It not true that with tho ncv projects and Improve- i F , inents which Salt Lako City has in i sight, to be added to an already pros-, pros-, parous community, many cities In tho United States would be in tho midst of I a genuine boom? ARE BUSINESS MEN APATPLETIC? These queries and their almost obvious obvi-ous nnswers do not Imply that Salt Lake Is suffering from anything like a ! ' business depression; thoy are mado use of here simply to direct attention to the equanimity with which the business interests in-terests of the city regard innovations. It may be that there is a spirit of ultra-conservatism ultra-conservatism abroad, superinduced by I the recent unwatcring of EaHtern I, stocks, and a consequent tightening of f; the money market, which Is not war-I war-I ranted by the local situation. In East-r East-r ern financial circles there is growing J confidence in Western investments, es-I es-I peclally In Utah Investments. There Is i one overpowering reason for this, which , Is that Utah Investments have In the lv past proven safe and profitable. I EASTERN PREJUDICE OVERCOME. j There have been almost unsurmount-H! unsurmount-H! able prejudices to overcome to bring H about this Eastern confidence in Utah. rt ha3 been the custom In certain flnan-H flnan-H clal circles to pass up Utah Investments Cor no other reason than that they j were in Utah. During much of the lime that this has been true of Utah, money has been readily jobtnlnable to Ht further promotions of various kinds in Hf Colorado, Wyoming and other Western Hj! States, Very recently a change has H1 come about In this respect. In spite of H" the stringency in the Eastern money market, some of the most conservative af New York institutions are now seek-Ing seek-Ing investments in this State. Hj, ' NDUSTRIES PROVE THEIR H! WORTH. H Utah Industries have, therefore, not Hl only proven themselves worthy of at-' at-' tentlon on their own account, but they H have proven themselves so very K worthy ns to overcome the prejudice lgnlnst the State. The fact is that H Utah's Industries have been forging H head with so little fuss and flurry that ler own people have scarcely realized he extent of the advancement. This H ldvanceincnt has been noted more par-H par-H . Icularly in those places where dlvl-Ht1 dlvl-Ht1 lends form nearly the sole basis of all Hb -alculatiohs dividends and the degree H J ' 'f conservatism with which they are ob-1 ob-1 -alned. BT NO CONFLICTS IN UTAH. During the last year or two several t t Western States have been convulsed by ndustrial conflicts by wars between h j iaplta.1 and labor. During this same t )er!od Utah has been pursuing the f tven tenor of her way. Her Industries, ' artlcularly that of mining, have been 1 leveloping rapidly, though with due egard to conservatism. There has 1 ecn no flourish of trumpets, but there 1 ms been diligent work, and Utah's un-j un-j Imlied resources have done the rest. 1 , 'upltal hns been too busy to question 1 ' abor's reasonable terms, and labor has j elt too well satisfied to precipitate a isturbance. Under these favorable onditlons all lines of Industry and iusines have flourished, the State has , x cqulrcd an enviable reputation for the ' i olldlty and the paying qualities of Its J nstltutions, and outside capital has ta-j ta-j v cn cognizance of the true situation. Hf j! THINGS THAT ARE ASSURED. i But, reverting more particularly to 1 'She new projects and improvements In- ft olvlng the expenditure of unusually 'I trge 6ums of money, which are as-f as-f , ured, or practically assured to Salt . i ,ake City, the show Ing is certainly one J f great promise. Here are a few of jjhem. j v. Three new railroads the Moffat line, j onnectlng Salt Lake and Denver; the Jj'lark road, connecting Salt Lake and ,flOs Angeles; the Western Paclflc road, Connecting Salt Lake and San Fran- 1 i Isco. 'y Two new depots and additions to irjhops, to be built during the present Uj car by the Rio Grande and the Short f ,ine railroads at an expense of $1,000,- 1 ! A new million-dollar copper plant to K. ifl e built In Murray, Salt Lake's smelting S i,JG aburb, by the American Smelting com- ' Pv ,Ip A Govqrnment Irrigation plant at , i v 'tah lake, affecting the lands of the en-f en-f re Salt Lake valley to the extent of i t least doubling their value, and the i, ulldlng of which awaits only the ac-on ac-on of the farmers and canal com-i com-i anlea In getting together to accept the I overnment's most favorable pro- t A private irrigation plant at Warm ( prings lake, which It is estimated will 1 , dd from $2,000,000 to 5-1,000,000 to the 1 j alue of Homo 6000 acres of land imme-1 imme-1 lately adjoining the city limits. The expenditure of approximately ,000,000 by the Government in the im- t rovement of Fort Douglas and the K t -ectlon of a new Federal building in H i le WHAT NEW ROADS MEAN. B j The building of any one of the new Hf ' illroads two of which are In course j! 1 ! actual construction, while for the H llrd a million and a 'naif of dollars i ave been expended for rights of way t lould alone add 25 per cent to the pop- I latlon of Salt Lake City wrthln five L. ;ars. The building of the three new ncs means that Salt Lake City Is to H s transformed from a way station io r j ic commercial and Industrial center of j I vast empire. Inconceivably rich in B svoloped and undeveloped resources. HT j means that this city Is to be backed m ' 7 greater riches than are behind Pitts-HL Pitts-HL 'J 1TS, or Cleveland, or Detroit, or any B I I io of a dozen cltloa of their class H J hlch might bo named, j J ; CENTER OF AN EMPIRE, p :To be convinced of the truthfulness Hl j ' these claims requires only a supcr-h supcr-h :,aJ knowledge of tho situation and a 8tudy of tho map oC the Unlted States. Salt Lake's geographical position posi-tion makes her tho natural center of live States which arc among the best mining States In the Union, and which Irrigation Is rapidly making rich In agricultural ag-ricultural resources as well. The city has grown to Its present proportions by the sheer forco of her favorable position, posi-tion, without tho railroad facilities to utilize one-tenth portion of the resources re-sources which lie at her very doors. Those badly-needed railroad facilities are now about to be provided. It would hardly be possible to overestimate the beneficial results.1 CALL FOR MORE CIVIC PRIDE. A prominent citizen of Chicago who recently visited Salt Lake, Investigated her advantages to some extent, and made large Investments In city property prop-erty here on the strength of those investigations, in-vestigations, remarked that If there was one thing which Salt Lake needed above all other things nt this lime, It was more civic pride on the part of her citizens. Said he: CHICAGO'S EXAMPLE. "Chicago has been made what It 1m largely by unity of action on the pari of her citizens. Every Chicago man, from the humblest to the highest, believes be-lieves in Chicago and talks Chicago. The business men have a civic federation. federa-tion. Including all classes of business men who meet on a perfect equality when the Interests of Chicago are concerned, con-cerned, and pull together for their city. It has no connection with the Chambet of Commerce or any business club, and Salt Lake needs something of the same kind to stir up enthusiasm for the city on a broader plan. It unites everybody for Chicago, and has worked woncera in building up the city. I believe that Salt Lake needs something of the same kind to stir up enthusiasm for the city and promote harmony of action, for there is more strength In unity than many imagine. There is no city of Its size In the country that has the prospects pros-pects Salt Lake has for making a great city all It needs is concerted action In tho right direction on the part of the people." DO WE NEED STIRRING UP? Is it possible that the Chicago man Is more than three-quarters right? Do the citizens of Salt Lake need stirring up in the matter of their civic duties? Are they falling to take full advantage of the opportunities which are practically practi-cally forced upon them? Salt Lake's citizens are all right as individuals. Every man of them has a high opinion of the the city's present and future, but perhaps it 1s true that he doesn't often take time to tell about It. It ia barely possible that the amalgamation of all those good opinions into a harmonious, active whole might work wonders, for such opinions grow with the telling, like a snowball with rolling, and confldence begets confldence. THE TREND OF THOUGHT. For the purpose of obtaining a slight Indication of the trend of thought among the citizens of Salt Lake concerning con-cerning present conditions and future prospects, The Tribune yesterday Interviewed Inter-viewed a few men who are leaders in theJr respective fields of effort. CUTLER IS ENTHUSIASTIC. Thomas R. Culler, vice-president and general manager of the Utah Sugar company, who has Just returned from av visit to Idaho In the interest of his company's com-pany's factories and beet-growing operations oper-ations is of the opinion that the outlook Is particularly bright for Utah farmers and business men for the coming season. sea-son. CROP PROSPECTS EXCELLENT. "Crop prospects are excellent In both Utah and Idaho," said Mr. Cutler, "although "al-though Utah appears to be especially favored this year. There has been no snow at Boise to speak of nnd when I was in Colorado a couple of weeks ago the earth was absolutely dry there, while In this State the snows have been general and unusually heavy. This practically Insures good crops the coming com-ing season. EASTERN MONEY FOR UTAH. "I find also that general conditions are Improving greatly. During my visit in nit; jilsl recently x louna mat the largest trust company in the country is now extending its operations to Utah. I was called into the ofllces of tho company com-pany and asked If it could be of any service to the company which I represent. repre-sent. I had to Inform them that no assistance as-sistance was needed at this time, and recalled that a few years ngo when money could have been used to advantage advan-tage none could bo obtained in the East I was Informed that Utah's standing In the money centers had greatly Improved Im-proved In the last few years. FAVORS UTAH LAKE SCHEME. "I am greatly In favor of tho scheme outlined by the Government for the improvement im-provement of Utah lake and believe that It will prove of Incalculable benefit to the farmers of the valley and Incl-deutly Incl-deutly to all other Interests. The plan of saving a large portion of the waters -which, are now lost by evaporation, bv reducing the area of the lake, appeals to me as being entirely feasible and practicable, prac-ticable, the lake being such a large, shallow body of water. My companv Is doing something In the way of Irrigating Irrigat-ing and I know that the conserving of waters means much to the future of agriculture in this State. One of the schemes the company now has in contemplation con-templation Is tho building of a dam 175 'feet high across Dago canyon, above the Cache valley, which will confine a vast amount of flood waters now going to waste, to be used both for Irrigating and In connection with our power works. It will be a very expensive piece of work, but it will pay. BENEFITS OF NEV ROADS. "As to the new railroads being built to Salt Lake the Clark road and the Moffat line the benefits which will accrue from their building cannot be overestimated. I am personally acquainted ac-quainted with the men at the head of the Clark road and I know that they are men who do things. "So far as I am able to observe the present business conditions are excellent excel-lent and the outlook for the future is Jlatterlng, Indeed." THOMAS G. WEBBER TALKS. Thomas G. Webber, secretary of th Z. C. M. I., Utah's largest mercantile Institution, when asked his opinion of business conditions, said: "The actual bUBlncss Bltuatlon at the present time Is practically identical with the situation of a year ago, and iSALT LAKE CITY NOW HAS IN SIGHT : 1 Throe new railroads the Clark road, connecting1' Salt Lake and Los Angeles; the Moffat line, connect- 1 Ing Salt Lake and Denver; tho Western Pacific, connecting1 Salt Lake and San Francisco all to be shorter I lines than any now in operation. H Two new depots and additions to shops, to bo built the present year by the Bio Grande and Short Lhie H railroads at an expense of a million dollars each. I A new million dollar copper plant at Murray. A Government irrigation plant nt Utah lake to cost a million dollars or more. A private irrigation plant which will add upwards of two millions to the vnluo of lands adjoining tho j A new Federal building (under way) and the expenditure o a million dollars by the Government in im- 1 proving Fort Douglas. j last year was a remarkably good year from a business standpoint. What the future has In store for us ,1s always problematical, but so far ns prospects go they could scarcely be Improved upon. up-on. The heavy snows insure a larger water supply than the country has had for several years past, and an abundance abun-dance of water almost Invariably means good crops. Indications also are for fairly good prices for all that can bo raised. The building of new railroads and railroad Improvements, the proposed pro-posed Government Improvement of Utah lake, the new smelter at Murray, and other activities In Industrial lines, either in progress or contemplated, may not have nn Immediate noticeable effect on business, but they are all factors which, when fully consummated, must add to the greatness of Salt Lake Cltv and tho State of Utah. There Is certainly cer-tainly no complaint that could reasonably reason-ably be made of the present commercial status of this city " COL. nOLMES CONSERVATIVE. ' "Trade conditions for the coming season sea-son are decidedly good, taken from the standpoint of natural healthy conditions and legitimate trade," said Col. Edwin F. Holmes, president of the Commercial club. "The overspeculatlon In the Eastern trade centers does not affect the general situation In this section. Indeed. It may be a distinct benefit, ns people who have saved money from the general wreck will be more Inclined than ever to Invest In-vest It In real estate, that Is certain to increase in value. DEMAND FOR REAL ESTATE. "The demand for desirable residence property is sure to Increase, especially from the better class of laboring people, and the unoccupied houses, if any, will be of the older and cheaper kinds, less conveniently arranged. Up-to-date buildings will continue to be In demand, whether for business or for residence purposes. Building operations should be active, as labor should be reasonably cheap and the tidal wave of trade unionism union-ism will have spent its force to a certain extent, and now lumber and building material generally is somewhat lower, so that it may be considered that building operations will be continued with fair wages to the men. CROP OUTLOOK FAVORABLE. "The real prosperity of any country like this largely depends upon the success suc-cess or failure of the crop prospects, which look favorably beyond any previous previ-ous year In recent itmes. Heavy precipitation precip-itation of the present winter practically Insures the coining season's crop. at prices that furnish profit to the farmer, and when the farmer does, well we all prosper. Generally speaking, the condition condi-tion of the farmer Is the true Index of the prosperity of the country; so true Is this that at great money and Industrial Indus-trial centers It Is largely taken Into account. ac-count. LAND VAUES WILL INCREASE. "The movements that are now under way to bring largely increased water supplies from adjacent watersheds Into this great volley will encourage newcomers new-comers and no exodus of tillers of the soal is at all likely the coming year, or over after, for land values will rapidly Increase in this State, besides the great addition to the natural water supply which mainly comes to reBt In the- Great Salt lake, the natural basin of all this section, and doubtless a steady rise In the lake will become more noticenble from now on. The precipitation In this city for 1902 was lltle more than eleven Inches; last year It was over fourteen Inches, and Is likely, from the present outlook, to be still greater this year. The average for the last twenty-five years has been just a trifle over fifteen Inches. GOVERNMENT IRRIGATION. "The undertaking by the Government of great works In Irrigation will restore confidence to a great extent, while the expenditure of large sums of money for such work will furnish employment for men. and brings ao much clean money Into the State, as does also the railway construction now going on. SILVER ENTERS ;N. "The conferences now going on all over the world concerning the greater use of silver as a unit in the monetary eystems of the countries In the Far i East make It seem likely that silver Is to bo maintained In price, which will cause miners to prospect for that metal 1 instead of considering it a by-product, as heretofore. "These and many other things there, are that should make the coming year a record one." A BANKER'S VIEWS. E. W. Wilson, cashier of the Commercial Com-mercial National bank, said: "With the many promising prospects for Salt Lake City we can safely expect ex-pect a period of business prosperity and business expansion. As the geographical geographi-cal and business center of the lntor-mountaln lntor-mountaln States, It Is drawing business and increasing its population from all directions. INCREASED TERRITORY. "With tho San Pedro railroad soon to be completed, with the Western Pacific In the course of construction, giving us another road to San Francisco, and the I Moffat line shortening the distance be- 1 tween here and Denver 275 miles, wo will soon be receiving the products and furnishing tho supplies for a vastly increased in-creased territory. MINES AND IRRIGATION. "The mine output Is constantly increasing, in-creasing, as Is that of the agricultural products of the State, and with the new territory to be opened up, a substantial growth Is Inevitable. -The promised Government work on Utah lake, which will Increase its storage capacity, is an Important matter to us. GAS AND OIL. "Should natural gas and oil be discovered dis-covered In commercial quantities where some companies are boring Just north Something of Present" Conditions and Future Pr t10"1 pects of this Inter-Mountain Metropolis whose Resources are but Faintly Realized. pf the city, the benefits can hardly be I calculated. I "A little advertising of Salt Lake City's resources, actual and prospective, will bring many new and desirable residents resi-dents and much needed capital." HOUSTON ON CONDITIONS. "Special local conditions are Ideal for an elegant season In Salt Lake City In , ! a business way," said J. W. Houston, ' president of the Houston Real Estate Investment company. "Some of these special conditions are the certainty of large expenditures by tho railroad companies, com-panies, the Government expenditures on the new Federal building and In tho improvement of Fort Douglas, and the fact of two new railroads building In here, namely, the Moffat line and the Western Pacific, the latter road having hav-ing already spent more than a million and a half of dollars In the purchase of rights of way. Too little notice has been given to the Western Pacific In the past, as It is undoubtedly to be the Western outlet of the great Gould' sys-toms sys-toms of the world. FACTORS OF IMPORTANCE. "The irrigation going on by the co operation of the GovernmcnTfc -f' local irrigation "companS ,J iifl fi merclal club Is another 0? CKjIc Importance to the city anl &ewSj GREAT CITY OF THE "The oil magnates who are WM peeling for oil are the sam XW&W mado the Bedumont field andu?JVf'tf of Texas famous for the prod nJ?-6WlJil' oil, making a city of ovetSftSo! on a barren, malarial prairie in months' time, where thchad WiS-. cation of oil to begin on thon IhSSw already found here. Should 4.TuK velop an oil. field here, with lh ?H we have as a city and the I2.ni try and surroundlngn, it should Salt Lake City the great citytHS the Missouri river and" tht pHI "The real osiate outlook Is MrHrtfB t ly bright, nnd the Real Estate asH a tlon Is in n position to make ltttu E I ns one of the great bulldlnc-un rtkmi ft of Utah." 1 Kp |
