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Show SITUATION II SI II BE BEST IN NATION Reliable Financial Reports Re-ports Received in Salt Lake Declare Conditions Condi-tions in Western and Rocky Mountain States Are More Favorable Than Those Elsewhere. II EYES ARE ON SALT LAKE Bank Clearings Here for Week Ended September Septem-ber 16 Show Increase of 42 Per Cent, which Is the Second Largest Recorded in United States. I P"k bosioeas conditions generally iflroaghout the country, and pros-ra pros-ra of a farther improvement when t? movement of crops is under way, e 3tt wso sold tae purse s t rings of axmtry are lookins; eronnd for the Qely investments. The best con , according to reliable financial ?V we found in the western and I Mountain states. Ilnrcgbout the financial decre-sion. f dates hack more than a year, te conditions were reported by fcol authorities to be unusually W it the intennonntain region, and jeeiauy a Bait Lake. That the cur-tfeandal cur-tfeandal reports are given credence atm is reflected in the ready HOC.OOO worth of Salt Lake bonds shortly after the sinking of Untuux, when the fear of inter -"! complications caused a large r"ae of the bond investors to from the market. : High Price. ' w!! lke't !tatns a" investment . waa farther indicated in the fact ' tn "i bnd brou8ht a higher price "ose of other western cities of Wr population. if no better criterion of the activities of a city than its Clearings. In this respect, for the 4ed September 16, as commit com-mit ut"1 tlie rame Period 1664 year. ke shows an increase of 42 per -M ranks second among the cities LI . Stat?s- w yrk lead9 with an increase of SO per C h ' explained bv the enor-F-aeilt of war munitions at a'- while a year ago there was "no activity in that direction. hearings held up re-l re-l eTe" dnriD the &f- t k Jf ' They bean to a" Ifc, ' ' "d o the year, and were normal d.,rine the early part of meat year. However, shortlv af ' Ut, Z ' ,he-v began to rise, and ' hm r M llmo"t steadily since. ' tk"T -1, ms 10 the pt "UfXS'a ann8s amount to S229, 'm't) f3 comPai-ed with 219.-' 219.-' Just tl" ame .perlod a -vear ELn "0W ,ne brings are aver-J aver-J "ore than $7,000,000 a week. 1 Advantages. ' tll! of evy commercial or ltiira, " ' 'enter i based largelv upon i of Ma,lts, chiefly the develop-te?; develop-te?; natural resources of the Ui, j. ''W- In this respect. Salt Hnt '"tno"t a Per in the western ...;,"4 has rivals in America. a' commercial center for prac 'neoTotrPaTs" TmnitT' ITIOKS IN IIS DISTRICT BEST IN NATiON lblf R"Port Show That financial Situation in Mountain States Is Excellent. Sr rton Pa .) ".!,: :. PU, HS ci ipprosi'i.v .iur!cr "" ' . . ox.-elL-d n in,- f i iiiinf ol a million sqnau' . - . , iLtV - 1 k .1. ,j ,a - ' U 'tans. Ko UK pionee-re tvnetrattvl Ttot bn base-.! largrlv upon jitli and tho '.ivesuvk in St: a- ' Sataire r-i Uw.i ir.lttrl l. 'JTias been soimv or Sr ..: Ufi iMtm share of thv ha " ,. - . ' -h touched .. J U14 rT i:-.' ! " . - ' Kll jcJed ipproiiraath ilY.rHW. kh to tie "' -iCT. A: :. UMatd. Tre .ait 1 Mthem part of Utah have Jjjferbi. and the other meul mkhed. imtt wal and gilsoniti l.posita ." .-: 'he coming tat facilities. -a.' ieposits of the basis are said tcl ii .-i-v.rv those of anv other I mat " BomtTT, and ac- i k fonserratiTe estimates the de:o?:t v.;--- , - arres dollar?, or eooijsh Hm ku neh as the allied WMN raejuMHd of f gitrtaaj investors. nt tavanue irom timber lands for umt.oi kme ul year was approximate l.v OJOtklKW, and the amount of Umber ramovod rrewntil littlo mom than the rmoval of a Kiaiu of sand from the pa of KiiKign peak. The forest, or Idaho and I'tah alono are estimated to ooulaiu Kid billion board measure reet of timber, whieh, valued nt 'J..VI a thousand teet, runs into more monov than the average man ,-an eompreheml Hesldes the lumber there are thousands 01 acres ot timber tit onlv for eordwood and the ,,,Uood, valued ut 2j eents a eord. almost e.imls the value of the saw limber. rVfricaltora an Asset Hut the greatest asset of the inter niouiitaut country la lu afltiottlturaJ re soiiree. whi.h have been sorely ue-Rleted ue-Rleted until within recent vears. 1'rae ticallv the entire area wag for vears classified among the and lands, m' f,uM is so classified todav, but onlv in the sense that irrigation is required to pro dneo crops the ou,uel of anv raised in the nil n tolt. Aud a ureal deal of the Ian. i that is not susceptible to irrigation now beilltf cultivated extensivelv and vorv protltabl.v bv dry farm methods, a de.velopn.iout of recent years. The total value of farin pioportv in I tah alone is estimated at more than f 80,01X1,000, and m Idaho at more than o ' " Ho With the ranches el the adjoining states comprising the inter mountain ryion it is safe to estimate that the total value of the farm prop :tv in the intermountain territory is not less than $ui)0,000,00o. The livestock of Vtah is rained at more than 130,000,000 and that of Ida ho at more than $4i0OTl;ooo, and of the entire region approxlmatelv 1100,000, iXO. The wool sales alone last vear in the dittric: aggregated 0,000,000 and tmt principal crops J60.000.000. The state of t'tah comprises a total of 14480,844 acres. Of this area E OOOjOM acres are susceptible to culti vation and only about one fourth of this has been "appropriated. The irrigation ir-rigation of more than 2,000,000 acres is under way, but of this amount only 113,670 acres were cultivated last year. The total acreage cultivated last "vear in I'tah was estimated at 73l.oiHi acre.-. IS. 000,000 Acres Reserved. Idaho has more than IR.OiiO.OOO acres of land unappropriated and unreserved awaitinc the coming of the settler and the investor. The slate has approxi matelv Jj, 10,11.1.1 acres susceptible to irrigation ir-rigation and of this amount less than 2.000,000 acres are being irrigated. The lands of Nevada are classed largelr as arid, but big irrigation projects proj-ects throughout the state are fast put ting prosperous farms where there has been notning but sand and sagebrush since long before the coming of the pioneers. The stability of the farm ing industry of the region is reflected in percentage of farms that are operated operat-ed by the owners. In I'tah the per-entage per-entage probably is a little above that of the "tfhboriaa itatat, but not much. N netv (wo out ol everv Pin frlnl I I ah are operated bv the owners. With the development of agriculture H was discovered hat I tah and Idaho WWt ospocalh adaptor to fruit raising and the horticultural products of the two stales are now attracting the at tention of investors throughout the 1 nitcd Scales. Hut the exleusive fruit production in many years glutted the nun Let and it was necessnn tfl devise some means of carina fr the fruit to prevent it from lotting on the trees ami on the ground. Problem Is Solved. The erection of canning factories solved the problem. Almost phenomenal phenom-enal growth and success have marked the development of the canning iudus try 111 I'tah, and in 1014 the state ranked fifth among the states of t UuiW in that Hue. An uniisuallv heavy output throughout the oust prevented pre-vented I'tah from ranking even higher In all l,;i,'IS,lo7 eases of canned goods, exclusive of 10,000,000 cans of 00 WOW milk and thousands of bottles of pickles, were put up last year. The canneries paid to Utah farmers and to employees last vear a total of 1838, 704.20. The output this vear will 1. much larger for the reason that new canneries and fruit evaporating plunls have been erected during the vear. Probably the most important industry indus-try incident to the agricultural dev elop-mont elop-mont is the beet sugnr Industry, and it is only in its iufaiiev. The beet su gar plants brought into I'tah and Ida ho last vear close to 110,000,000 approximately ap-proximately half nf which was paid (0 the farmers for beets. Two new factories fac-tories have been erected in I'tah during dur-ing the summer and the construction of another is under contemplation. And thio)'oar's output will tar eveed that of last vear. The acreage is the largest ever planted in the intermountain intermoun-tain section, approximately 2,'. per cent more than lust vear. and 'the yield will be heavy. l.'reat Sugar Yield. ' V$l IttllMtd aa on if l lie Kfutoat Melds for ihf prodm tlon of i,rt mifiur In Ui worM. ftft tnee the tiulualrv WW MTteblnM hf I'uh has M mII othfr ttata lii th yield of b.(a per iqn lnaan:ucli M VnitM tt.' produoea Mil 53 pr rmt of the swear .-onsnmeil in lta own territory, rial, ahoul.l have at laaat a hundrel fat turtt-a lu rmi.i In upplyinK td defirlenev. In thai .-aae. Instead of paying the. farmers three or four million dollara annually the amount would be nearer forty milium and tha factory' lalxr would waive appruxlmately S U.00u. 000 instead of three-quarters of a :uiUion. Ths meat -packing Industry if developing develop-ing with the needs of the territory li rva. hut with the growth of the iiigar industry there Is a -hance for a greater llveatock production and. therefore, more parkin, induatiiea. At preaent the pftck" Ing concerns are paying emploveea alone In the neighborhood of $ lit). 000. In I'tah there remain approximately acres of land susceptible of cultivation cul-tivation that are unappropriated and subject sub-ject to entry by .Itliens of the I'nlted 1 1 in n I Idas of mtnUfftOl Ura. and till utiHiii-uiiitt (hut the noun try will stead y gro in a4dltlonA) saourlt) to anj nt'u rna&ufasOturlni itidusiry, Tha work of th I Mall I'nwnr A Mghi oompAny in providing naatly In oroaaad olAotrtoAl powar ui low prloag nliould he n Kr,' I Itttlp "l n'nrrill!iiK iiianufit''turiiiu. The i at I ion d have dona u ii . winU in helping to hinhi up Ddh purl tif tno country) mid with the Panama canal oompotlns for lrntis nntlnenial t raffle, their nvnuf-eat nvnuf-eat hope for tn'i''tasi'ig levenutiH Una In a t'uritlnuutlon of u pollry of development devel-opment 0( loial luiriineHS whernvnr I hotr Mm. - reach. The liulltllng of new IntvrurbeVQ iiiAds also Is 0011 trl jilting to the holld projportty of tnli Part or ihe. country, coun-try, I ha r faith In 1 1 it future of our sheep Industry, hut thO sheepinen iniiHt raoogntlt tlu flOl thai the, easy dny of gri-at fi'e. range hi'c passing, and t lint at tintion nuiHt he puld to OlantlflO hrei'dlng and propor '"' -ketltiK of their product The us me la true of t lie a 1 1 le Industry. If every fanner sj nuld pay u I tent lun to raising rais-ing hOtT hy-produi-t on his farm, ho WOUld have an enormous increase of wealth, Condilions Sound. PtMnoMU conditions In Hall Lake t'lty are thoroughly aounl. While I believe die hanks In general are pursuing pur-suing a QOniarVAtlva OOUrtl in keeping keep-ing ample -ush ready for any emergency, emer-gency, there la plenty of money aval la ) ili- at all time for legit tun, i huslne.ss purposes, so that regular trade need not be hampered by tho lack of money when proper securlly Is offered. W'hlh t he European war Is In pi'ugi'CMn great cunt ton, economy sin.1 thrift are Imrvji tant for all A tnorl-cans, tnorl-cans, hut unless we become Involved III Hits a tiifit i ophe It would seem that business, fipeclulli In the Intermountain Intermoun-tain region, should rliuKe steady progress. prog-ress. B. PALMER, President of the Palmer Bond & Mortgage Company-No Company-No municipality in the nest enjoy better . i edit at present 1 1 tan Hu It I jke tt y Aii example of this was a recent ale of $300,000 worth of Itv bonds. Kol lo wing (lie Lusltanla opl-' aode. Investors. Influenced by fear of foreign complies tiona. largely w ith-drew ith-drew for a time from the bond market. mar-ket. The sale of the Salt Ijikr bom la took place ai this unsettled poiiOfL Yet t ha llj received a better pi ice tlian did Multnomah county, Oregon, containing the city of Portland, with almost t wlce our population, which sold an Isfue about the same lime. I might add tliat the entire Salt Lake issue was absorbed b investors aithln thirty days from the lima our company purchased It from the city. Bonds of Salt Lake City have been 'ommamllng hetter pricea on the general gen-eral market than the obit go tlons of Seattle, Portland. Los Angeles, San Francisco and other western cttlog of much taiger population. The heaviest and shrewdest Investors In-vestors In real estate mortgagea are the large life Insurance companies. They study all of the conditions go-ins go-ins to make up permanency of value and thev decline lo loan In any city until they are thorouihly satisfied as to tin pmgreaalveness and solidity. Conditions Are Different. Mat i Miruat ajid are uniform!) ideal for profitable produrtlon. Facilities Are Good. Tranaportailon facllltlea are good, hut with tha const ruction of the interurban lines and exter.ator.s of f:--a::; r...i-!.i I ier contemplation they will he natter Water commerce ha been greatly aided hr rhe openln' of the Panama raiml. The vast areas of uncultivated land, the forests and the mines await tha settler and the Investor and their families What this all means to Salt L&ke aa a comnier'UU center Is reflected In the following eatimated stattatlca of primarv production and ware distribution In the territory u rvec: Waea and salaries of persons employed In metal mines and smelters, annual) v. 121,400.000. wage nd salaries of persons mpjoyed In coal and hydro-arhon mines. IT.0O0.0Ofl. wges and salaries of persons In Industrie other than mining and agriculture. agri-culture. IU.000.0O0. selling value of agricultural ropa, Mn.0O0.0Ofl; selling value of animals and a ntmal products -wool, mils:, butt nr. eggs, poult rr. etc. $J0.rOO0O0: expenditure In Ball Like for mine and smelter machinery' and aupplle $1,000,000: total, tn.ooo.ono. Salt Lake aa a pommoretal and investment invest-ment -eTiter Is discussed In the following Interview with ome of Salt Ijike bankers and investors: M. H. WALKER, president Walker Brothers Banker in my judgment Bait ',. City never rocK) on s firmer firm-er foundation for proapenty and arowth than at the present lime. There gre many reaaon for This. I place agricultural development first, because It means a steady production and Increased population, in the territory ter-ritory tributary to Salt Lake City. The fact that th production of wheat 'n the stats of t'tah haa doubled within the last few vears I highly significant It means that large areas hitherto considered worthless or I available only for gmztng purposes have been brought under cultivation by means of dry- farming snd will he steadily producing wealth. Now that this class of farming is better understood under-stood and the results are reasonably assured, millions of acres of the land at present tin tilled will In due course be made productive, furnishing support sup-port to an Increased population. Conservation of water and development develop-ment of Irrigation and better methods of packing and marketing fruits and other products, are all In the Iln- of progreas. The opening tip of new mines and the Increaae of production from older properties, due to better metal prices or Improvel methods of metallurgy, or both, is another factor offering encouragement . The growth of mining and agriculture will help to furnish a market for additional manufacturing. manu-facturing. The field Is at present lnlt!nir to Durlnc (he panic of Malt i-aks City property ownn appaalsd In vain to large life Insurance companies for mortxaa: loans. in wlih unpa vni straats and the lack of side walks, sewers and proper sanitation, with only an embryo public school systvm, and with a dearth of modern build-Incs, build-Incs, the ett) dirt not apieai to tha tnrn who iontrolled ths purse strings, and the residents of Zlon beggexl In vain. Now -undHlons arr different. The cit. with tS ateadllv locreastng inlleai of pai truant and sidewalks, modern sanitation. upto-dats buildings, build-ings, a high-grade du.-ai lonal system sys-tem and other evidences of solidity and progreas, commaads the confidence confi-dence of investors. During the financial panlr lit 1?7 israe Ufa Insurance companies did not hesitate to loan In Halt Lake, greatly to the relief uf the situation, and at the present time more than .iO.OO0 of life Insurance money Is Invented In mortarages In the downtown dls trlct. It Is significant thai the companies have been willing to loan in Salt i .,1 si a rullnar lower rat" than In Seattle. Ixs Angeles, and other west ern cities and indicates the high re-irard re-irard with which the t'tah metropolla Is hld hs a pta-e for investments There are too many reasons for this to attempt to enumerate them. The facts ntt for themselves. The solidity of the citv is unquestionable. Its progress will depend largely upon Its cltlaena. There Is no reason why Its sta-ndlng as an Investment center should be Injured, and the municipality's munici-pality's prestige will he enhanced as we can enlighten more and more people peo-ple regarding the actual condition here and Impreaa ihe truth upon the country at large. W. F. ADAMS, Vice President National City Bank The position of Salt Ike City as an Investment center cen-ter depends ultimately on the prosperity pros-perity and financial condition of the country at large. So Intimately are our Industries connected con-nected with the larger financial institutions in-stitutions and combinations of capital capi-tal In the east that what affects one hss a great Influence nn the other. We cannot be prosperous here unless un-less the railroads, the copper, lead, sugar inntereets. etc., are also In a healthy condition. ' For the country as a whole to be prosperous we must have a foreign market for our surplus products, such aa wheat, corn, cotton, livestock, minerals, min-erals, petroleum, etc.. and this Indicates Indi-cates how closely our prosperity and that of the world Is connected. Salt Lake Secure. The war Is having a tremendous influence in-fluence and what the effect will be on this country after it Is dVer depends de-pends on so many unknown factors that eminent authorities fall to agree. W'e know what the result was after our own civil war. a period of wonderful won-derful activity and Inflation, resulting result-ing in the panic of 1873. We should guard against a repetition repe-tition of this experience; and. while the factors involved are wide in their influence, the result as affecting our country may be different. The fundamental conditions In Utah have always been ?ood; there has been an ultra-conservatlvism which, while it has retarded rapid growth, Has laid a strong and sine foundation. founda-tion. Hence values in genera) are reasonable rea-sonable and securiiius safe. Our interests are so diversified ihat in case of failure In one the others are sufficient to prevent general depression. de-pression. Our crops, ho largely dependent on irrigation, are surer than elsewhere. Our Increase In population has been so .gradual and healthy that we have escaped many of the evils of rapid growth and unhealthy expansion. Accordingly. It would seem thai Salt Lake Cjty, situated In the center of -aw Immense tract of country naturally tributary to It, hat; a brilliant future, and lis importance in wealth, population popula-tion and as a financial and Investment center can only be measured by the growth of this surrounding territory. JOHN PINGREE, president Merchants bank There are ft great many reasons rea-sons for Salt Ijike being a great commercial com-mercial cenier and why It should become be-come a much greater one. but they all hinge on the unlimited natural resources re-sources of Hie country tributary to it and their development. It is ideally located lo-cated with reference to the country it serves. The transportation facilities are good and will become better as development of the Intermountain region re-gion progresses, The great mineral resources of the region nave developed rapidly, and yei they have only been scratched. The progress of agriculture and allied al-lied industries has boen even more rapid With the growth of irrigation and will soon be on a par with the mineral Industry. Sail Lake la In the heart nf a ureal inland empire, the riches of the nat- ural resources of which cannot be estimated. es-timated. It la an ideal home city. The state and the city have an educational edu-cational ay a tem unsurpassed and everv ev-erv street in the city reflects prosperity-. We have the climate, we have the water and everything neessary for an ideal home city and with favorable fa-vorable legislation 1 freely predict h:it ?alt Lake will have a population of 200,000 within ten years. But Ve I must develop our natural resources. To do that we must have credit, we I must Invite capital and adverse legls-I legls-I lation would he disastrous. . GEORGE M. CANNON. Caahler Salt Lake Security & Trust Company fTalt lake has Ihe most ''ommand-ing ''ommand-ing location In the intermonnrain country, a country which includes in Us natural resources ever; thing nec essary to civilization. Furthermore, for tno&e who like enough winter to enjoy spring and sufficient summer to make autumn a welcome visitor. It has a climate unexcelled. For every man who knows what lie wants to do and has the energy, tact and ability to do It as it should be done, there arc ample investment opportunities. op-portunities. When a miner, a stock-grower, stock-grower, a farmer or a manufacturer grows wealthy in the intermountain country he comes to Salt Lake for n safe place to invest his funds and to build a real home for himself and Ills family. Values from the. time Salt Lake City was laid out have risen like an incoming tide. Of course, the waves roll back, hut the succeeding wave I comes in each time a lit tic higher than its predecessor. Take two or j e three instances to Illustrate the rise in values: In the year 1884 the strip of ground which now form? the west half of the north side of Postofftce place was sold at a rate which would bring v 330 feet frontage there io $7o00. This same frontage. Irrespective of buildings build-ings thereon, ie now conservative! v valued at $165,000, Another Increase. Another Increase: The five acres now included in Westmoreland place (southeast corner of Fifteenth East and Tenth South streets was sold in 18$ for $95. or at J19 per acre. The board of educa tlon paid for the northeast corner of tno same intersection inter-section (on which ihe beautiful new (Continued on Following Pago.) COlllS BEST II THIS DISTRICT (Continued from Preceding Page.) Uinta school has Juat been built) $3300 Dr acre. Anothor case: In lS90ithe ground On whh'h stands the Heidelberg, on Broad wav, S8i feet east of Main street, was sold for" $10,000. Today the same property could not be bought for $100,000: AH these twenty-five years since 1890 It has paid the owner fair returns re-turns on the $10,000 Invested and the principal has increased 9O0 fold. Still another Instance: In 188, $12,600 was paid for seven rods square at the southeast corner of State and Broadway. Today the same corner could be sold, if the owner desired to sell, for over a quarter of a million dollars. And no man ever lost money on loans conservatively made on Salt I-ake realty. SAMUEL NEWHOUSE, President New-house New-house Realty Company Every city, to become a commercial center of Importance, must be located advantageously. ad-vantageously. In this respect Salt Ike Is especially fortunate, being be-ing situated In the center of a vast territory hemmed in by mountains and fabulously rich In natural resources. re-sources. The minerals of the territory have been largely responsible for the v growth of the city, hut as yet the mineral rescourcee have been barely touched. Now agriculture is coming into Its own, but the agricultural development de-velopment also has only begun. On account of being the commercial commer-cial center of this vast region, noted throughout the world for Its mineral wealth, the city of Salt Lake has developed de-veloped much more rapidly than the region in general. What Is most needed at present is the development of the natural resources and the Influx In-flux of homeseekers, and capilal bids fafr to bring fhls development about very quickly. ELI AS A. SMITH, cashier Deseret Savings bank The foundation of any community or commercial center rests upon Its natural resources, and Salt "Lake is the commercial center of a great Inland empire, em-pire, on which I believe is among the richest in the world In natural resources. Tributary to Salt Lake are the entire states of Utah . and Idaho, practically all of Nevada, western Wyoming and western Colorado, Colo-rado, and a part of Montana., composing compos-ing a territory unexcelled In America for mining, agriculture and stock-raising. stock-raising. And the development of that vast territory is only In its infancy. Agriculture Develops. Precious metals were largely responsible re-sponsible for the early Invasion of the west and the intermountain region, and the vast mineral resources of the territory have made mining the chief Industry, at least until within recent years. But today, with all the mineral min-eral development, the mineral resources re-sources have scarcely been scratched. However, It is my opinion that the agricultural Interests are really the mainstay of any community or territory. terri-tory. A city' might be supported and supported well and made 'a great j commercial center If favorably located for the shipping Industry. Agriculture Agricul-ture haB progressed by leaps and bounds In the Intermountain region during recent years, and the development devel-opment in that line has only begun. Irrigation has been oJrtefly responsible respon-sible for the growth ,tf the farming Industry- From individual efforts irrigation ir-rigation has advanced to great companies, com-panies, which put under cultivation thousands of acres of land heretofore considered worthless.- Choice Investment. Today we consider a loan on an Irrigation project, where the water is on the land, one of the choicest Investments In-vestments In the jrorld. In fact, loans on Salt Lake City property or farming lands in Utah and Idaho arc amjng the choicest Investments in the country, The beet-sugar indus-t indus-t ry has done a great d eal to make farm loan In Utah and Tdaho especially espe-cially desirable, and tlhat industiw is growing as fast or faster than any other In the country. Practically all of our loans are made on real estate. Not that we are prejudiced against the mining indus-,'trj', indus-,'trj', but It has been our purpose to encourage the farmers and home builders and help them in every' way possible. And the stability of the agricultural industry is reflected In the fact that for more than ten years we have not foreclosed a mortgage. W. C. OREM, president Salt Lake & Utah railroad Salt Lake Is destined to be a great investment center. Located Lo-cated In the best of the great Intermountain Inter-mountain region, It Is more convenient con-venient to a greater part of nature's storehouse of partially and undeveloped undevel-oped wealth than any other city of the west. Tributary to and depending on us as a supply center are: (a) The greatest copper mine In the world, distributing many millions mil-lions yearly and only In Its infancy. in-fancy. (b) One of, If not the greatest, smelting centers in the United Spates. (c) The mining headquarters for many men and companies operating In all of the western states, from Denver to Fan Franclsco and from British Columbia to Mexico. (dl Very few, if any. of the states of the union can equal in quantity and quality the coal. Iron and hydrocarbon hydro-carbon deposits of Utah. (e) Our great sugar Industry is as yet In its Infancy, and Is, I believe, to double and treble the amount or money paid to. beetgrowers, employees and stockholders In the not very distant dis-tant future. Agricultural Empire. (f) Hundreds of thousands of acres of the most fertile land in America lies at our doors, only a small part of which Is now being cultivated, hut which, with the development of new irriga tlon and better transportation facilities, is destined to be brought under un-der intense cultivation. Salt Lake, for the size of It. Is a city of no mean proportions as a railroad rail-road center and is destined to be much greater. Our short connection by rail with the Pacific const, where we should then have the world for our market, puts us on the map. Why shouldn't we be s great investment center? SIMON BAMBERGER, builder of Salt La ke & O gde n rail roa d A boost for the state of Utah, even the remotest parts where undeveloped resources of inestimable value merely await thp touch of industry and capital, capi-tal, is a boost for Salt Lake City, the inevitable metropolis of this large intermountain in-termountain region. Build up the state, develop the metallurgical and agricultural possibilities of the mountains moun-tains and fertile valleys throughout the state, and Salt Take City will grow to he an Industrial center second sec-ond to none in tills western country. coun-try. Some of our capitalists and business men are ultra-conservative In a great majority of their undertakings if we may be allowed the expression, sure-thing sure-thing men. They do, however, make up their minis to take a ciiance now and then, and even though some 0 their enterprises do not prove as profitable as anticipated, the community, com-munity, financial Institutions and business interests are In general benefited. bene-fited. Industries that are daily carrying car-rying large pay rolls and spending most of thir income In such a manner man-ner that it comes back almost directly to thp merchants and business interests inter-ests should have our unqualified aid and rina neial support. Where a luan has been successful In accumulating wealth from the resources re-sources of this state, his duty to himself him-self and to the state Is to spend a portion of his wealth, irrespective of Immediate profits. In the further development de-velopment of our resources and for the benefit of the state and Its citizens. |