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Show SMl-tBl IS PRDSPEBDUS Federal Reserve Governor and Minneapolis Editor Are Visitors Here. . i Ti!odn-e VVoM. Rovertsor of the federal ! reserve bar.: of i.k- ninth di5-.net ,v-t!l ' headquarters at -M innc-Lipolis, and -j Jones, owner and publisher of the M:::e- j apulls Journal, one of Lhe mem inf;,n- t tial newspapers of the northwest, !l''t . Salt Lake yesterday for their home j:'-Gr : a brief business visit in the west. Mr. Jones wnt overseas a year aeo with a partv o: American newsMfer men who were the guests of the British government. Financial crnditions in the ninth federal fed-eral reserve district are better than in any other district in the United t'l.iies, according to Mr. Wold. The people g?n-erally g?n-erally mroimiiout tiie district have l'pen careful and saving. Mr. Woid airl yesterday, yes-terday, and as a result had paid fer all their Liberty bonds, giving the district a tremendous financial reserve. Ban:s in the district, he said, were carrying fi-u-er deferred government bonds than in any other district In the United States. Good prices for farm products, witli re-sultant re-sultant prosperity for the farmer, in Mr. Wold's opinion after thirty years of banking bank-ing experience, l.s the fundamental for prosperity and good business. "Sometimes we get to thinking that the city produces business." Mr. Wold slid. "That Is not true, except in a secondary-sense. secondary-sense. In tho last analysis practically all wealth comes from the soil, and unless the man who produces from the soil Is prosperous and receives good prices for his crops, there can be no prosperity for other lines of business. "Farmers In our district have been petting pet-ting good prices for their product.-!, and as a consequence we have sound prosperity pros-perity that reflects itself In all phases of industrial life." Mr. Wold and Mr. Jones visited Idaho before coming to Salt Lake, looking over business interests in that section. |