Salt Lake Tribune | 1913-12-04 | Page 3 | Prosperity in the Great Northwest

PfiSSPERITY IN IE GREATWDRTHWEST Chairman Clough of the Northern Pacific and James J. Hill Optimistic. By International Notts Service. NEW YORK, Dec. 3. Colonel VT. P. Clough, chairman, of tho Northern Pacific Pa-cific railroad, arrived bore todaj' after making an inspection trip over 8500 miles of tho road, and declared that the public cry for lower freight rates is not as insistent na a year or two ago. "The pooplo in tho northwest seem well satisfied," ho said. 'Parmora aro putting up better buildings, increasing in-creasing their livostock and building larger silos. They do not expect depression de-pression in their business and there is every sign of prosperity thoro. "The rumor that tho Northern Pacific Pa-cific will acquire tho Erio has no basis of fact. Suoh a transcontinental line would bo so unwieldly as to make it unprofitable. un-profitable. " By International News Service. NEW YORK, Dec. 3. James J Hill, who is in Now York to purchase Christmas presents and to attend to certain business matters, said today: "People in the northwest feel pretty optimistic and there aro no great signs of depression there. Of course, retail trade is slowing down on account of warm weather and pooplo aro not buying buy-ing uh much as they might. Because prices arc somewhat lower than last year farmers are not selling a grent deal of grain. Thev have enough funds fo hold out until "better prices pro-vail."