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Show CDASTTO BE .UTIS1 J. A. HogU on California Conditions Salt Laka and I't.h may took to the Pacific coaat for It. flnanclns of II. Induetrlen. rather thaa to the Kael. la the opinion of J. A. Hogle. Inveetmeat banker and brokkr or Salt Lake, wko returned from an tended trip In California this week. Mr. Hogle la or tno opinion opin-ion that California's proeperlty Ik going to react strongly la this slate. Ha says as follows: "It seems to ma that 1m Angeles An-geles kaa been fori una t a In encouraging encour-aging tha Middle Wet farmer and hie contemporary In business life to come to Los Angeles and Lower California. San Vraoclacoans ara now beginning to aed their mistake a ridiculing er fall) to welcome this type to their city. "At tht pretent time, considering political ooakdltlona , abroad and their effect on financial well-being In tht pretent real eotata and oil boom In Loo Angoles and southarn California Lot Angtlea Is Tiding for a fall.' This, hewever, will only bo temporary, but will probaoly bo mors severe thaa tha setback which occurred there la Itlt. "I certainly would not advlaa snyona to move from Utah to California Cali-fornia at lha present time. Things ara overdone there In practically every field of endeavor and 1 believe be-lieve that at tha p recent time a man wltk the aama amount of rlak to kla capital- aad hard work can accompllah more In Utah wltk laaa uncertainty thaa In California. -The future of Salt Lake tiaa navar seemed more promising to me than at the present time, our people peo-ple have not begun to appreciate the Importance sf tba lmmenee gas depoalts opened up to the eaat of ua aad there Is no doubt that oil will aocompaay theaa discoveries. discov-eries. There Is alaa every Indication Indica-tion tkat ether large depoalts of oil are to bo found la tka state, geeplie lha discouraging development up to tba preaent time. 'Certainly. aopls in California appreciate the new Iron development develop-ment more thaa wt do, and aa-ether aa-ether company Is being organised b reoltalleia af Lawar Callforals. which. If succkkkful, should equal at leaet the production of tba preaent prea-ent company "Finally, It seams ta ma that from now on It la to our advantage to booet for California after Man. lar tha backwath of ihelr pro,per-II pro,per-II y la going to hate, a great effect rn our futura growth. The grealer part of our financing knd development develop-ment will depend on tha Pacific coaat and It la from there, tnklead of 'the Eaat. as formerly, that we look for our greateat kelp gad back-In." |