Show BORROW MONty MONEY DEVELOP UTAH UlAH DR C COLBY UR URGES S Remington Typewriter Director Director Di- Di rector Marvels at States State's Resources PRAISES SEN SMOOT Declares Business Is Generally Generally Gen Gen- Good Money should be borrowed to develop the marvelous resources of Utah said Dr C. C W. W Colby New NewYork NewYork York City chairman of the board of directors of the Remington Typewriter Friday Dr Colby who was president of the Noiseless company un- un th dl the company's consolidation with the Remington Typewriter company in 1924 arrived here from California Califor- Califor ala nia late Thursday afternoon He I-he left for New ew York Friday afternoon after after- noon It is up to the people of the state t to say how fast Utah will wilI advance Dr Colby said With ith such unlimited resources the state can advance without limit Utah not only has the resources but the Importance of Salt Lakes Lake's strategic situated position as it is strategic midway between Denver and the coast with such a vast Western Vestern territory to tois serve serve-Is is no small factor to con con- sider f con I PRAISES SMOOT Dr Colby praised Sen Senator tor Reed Smoot lIe stated that Senator Smoot has done magnificent work for the country Ills patriotism and have made him the most outstanding man in public life Ufe today the visitor declared The country generally is substantially sub sub- in good condition Dr Colby said Production has not been overdone since the deflation following the war The banks deserve deserve de- de serve credit for their part in preventing pre pre- venting enting undue acceleration ln In times of prosperity there Isa is isa a a tendency to accelerate and ox- ox x- x good judgment is essential in preventing any overdoing of it At present there Is more money in inthe inthe the United States than ever pos pos- by any country OwIng 1 this this' condition se se will receive small i-et i returns WhIle there was a slight recession recession reces- reces sion along the West coast in business business busi- busi ness general optimism is preva- preva lent Heavy development is the thelast thelast last word The coast is s bound to step rapidly ahead |