Show J. I o V V T BEET Y V V RANKS HIGH IN INs 1 s OJ AU fARMING fining Mini g Prosperous ro Durf Durf Dur Dur- S V f V f 1 V V ing Q First Part of Past Year ea VV V V VV l S i r Vr V f By ORVAL W. AO ADAMS V MS V Is the basic l industry ln ll Income rno me from front thU tiia naj major r industry y V lias 1138 lt been estimated to to about the th Kame fam as s that of ot 1928 approximate V Vin In Jn agriculture the industry ranks high In Importance 18 Is Is' V evl- evl j. j T by y the figures On 0 On million and seven n thousand nd toni ton tons tons-pf oC pr pro pro- n fd in Utah and I Idaho Idalio abo in 1929 ir- ir from which were manufactured about about- b bags of ot sugar V F For Foi these b bet beets ete farmers received ap approximately ap- ap proximately proximately- Jr J It V cost In addition i for tor I labor bor and nl materials to tomake make nake ke th the th sui-ar sui sugar The railroad V companies will receive r lve In Jn freight charges for tor or U the and for carrying car car car- beets beeth into tho tyIng Ing the the sugar to to- consuming consuming- about It will b be no noted ld l immediately l ledl t IY that 1 the Inc m derived from th the beet sugar business bustness bust busi ness in the he state of f Utah UV Ia Is a- a avery ve very vr considerable p percentage o of ir the to total total to- to tal Income received fr from roni ni all ill t er rJ ns-rJ agricultural activities s. s The importance import import- ance of or a a tariff sufficient to protect pro pro- tt and t this ind industry shy can can- I not ot be beV overestimated overestimate V MINING PRO PROSPEROUS For thc tho most of ot the year mining n V During the l last st st. wa a prosperous 1 cUon h has been d deon de de- t months mont prod production l ed on account of VOt the tho Blowing lowIn down n In The Tho mineral mineraI de deposits jj ii posits sit of or the the state state tato c constitute one no of ot sets and their development devel it its its' greatest assets will always always' haye ye an rt- rt arit mt ri b ln on orr the sp our tor is 18 Ie Uon The production estimated at t 80 cattle Ind Industry x- x The sheep and d s d Jn Ir r 1928 1929 9 on on of ot f th the th j tn the of r tl the te theu e business u and and the Income Was was wa v very vry y greatly r reduced It is perhaps i n- n to to say that IJ c livestock toc me mes men s genera genTa n aJ in fn this country failed ed to m make ke profits t for r the year of ot 1929 Mn Many y d considerable losses lossen V V V The rhe Utah Gas and Coke company n brought into the state during the natural ear gL gas The job was d done ne nein in u a big efficient way A A a result of r f this nosy new enterprise labor Jabor was was' tully employed In snaking making installations The ad- ad and improvements es' es which will wUI a accrue from this his long Iong l liol o cd for achievement should I be great preat ind indeed ed COAL CONTRIBUTES The ThOV coat coal business for many years past Tast bas contributed d the prosperity section th s' s stockholder stockholder-r ot returned to it Its ita fiti return It Jt is Isto V to be be- h hoped that cv een n l. l ii b the taco of ot c competition with mis gas ways wa v ys and means will will- tm pr provided provided pro pro- vided where It will ill not only con con- e t to fi i Utah's prosperity but return to Its sto ISto stockholders s dividends divi i deI ds commensurate tte with Its importance im mi- and Mer hw V en en- en tailed V V As s a result of ot tb tho market crash V f iii in 1 some fomo 40 Or 01 60 50 billions of pa ape pape er profits were ero lost o a business ss resulted which h Ja ls isal air al' re ready dY noticeable ln In this territory The crash was as inevitable InevItable le and the country will no douht pay the in D a business dop depression of t more or leisa e aI t remains that rim tho the money which was a f flowing r the sc security I ma market ket in hI gr great has tas already aheady been l een rel released ased Into the th channels o of f business business' money maintained over considerable l time with an a abundance of cap capital flat ital for tor for l th the h he e should not hot continue overa over a long period V V FOOLS FOOL S PARADISE The cOuntry has been ben ll in a a tools fools paradise Sound ss has hiLs been conspicuous b by its absence sp speculation 1 rampant Many of ot th the men and corporations vho V previously t had adhered to became policies convinced that Hal at the ol 01 old 1 ordel V ot e economics h had d db b bt n by a a. now new new c ca a In retrospect jt Is difficult to visualize why moa that a 81 new new situation situa- situa ion tion had had- come about t In the end dividend produced ed w was wa s- s so o only h one one- one fourth or r one fifth e the rate ratO on on- the b o oan n made for tho the purpose purpose- of ot purchasIng pur- pur pur pur- chasIng security V V The old axiom om is stUl bue t business men nien individuals individuals' ana anaL andu corporations who spend wisely s setting tUng up up reserves re- re serves serves erves taking liberal liberat d depreciations In n Un times g of t pr t familiarizing theme with Uh economic comB comB- pertaining to o their p particular b all and the other fellows fellow's busU ne nes s as well who e expand on TI eal-TI- Ings rather than fon on borrowed money a and d' d dYl hb o Uy seo beCause because be- be be be- cause caUS of ct the yield rather than wholly olly because ot or expected c elation n. n will be be beable able no matter whit what com comes corOs s in tho way ayi of Qt d de- de V y y e em em- barrassI Whatever may r.-may happ hap hap- p pen en n In fn tl the Tray y of turf 1 eIn h t s sz change this me t J. J pronouncement pro ZO will wIlI remain th the same Iame |