Show SMOOT SEES BRIGHT UTU E FO UTAH Economic Horizon Clear He Tells Group at Farm Meeting in Logan Special to The LOGAN July 16 A 16 A bright picture of the economic future of Utah Ufah and the United States was painted here today oday by Senator Senat r Reed Smoot in a speech delivered before more than farmers and housewives at the seventh annual farmers' farmers convention at the Utah State Agricultural col col- lege ege Nothing on the economic horizon justifies us in taking a pessimistic view lew of the future Senator Smoot said aid Last years year's drouth has left no permanent scars Once more the farms arms of the nation are smiling with bounteous harvests The senator said on every hand there here are indications indications' that business and industry are gaining strength fora for a long pull pullout out of unfavorable economic eco ceo conditions Despite unemployment lower salaries salaries sal sal- aries arles and general decreases in profits deposits in savings banks have been steadily climbing he declared and people have made an effort to provide provide provIde pro pro- vide against a a. rainy dayAs dayAs dayAs day As soon as the clouds disappear he said these vast r resources will again be put into circulation Senator Smoot spoke at the afternoon after after- noon session of the encampment wl which ch opened here Wednesday Speakers at the morning meeting were Pr President Ident E. E G. G Peterson of the college and Director William Peterson Peter Peter- son on of the extension service W. W H. H Hochbaum of at the extension service was another speaker during the after after- noon |