Salt Lake Telegram | 1921-04-24 | Page 26 | Realtors Concur in Cates' Program of Relief

1 REALTORS CONCUR IN I Ii i I i CATES' CATES PROGRAM OF RELIEF Re- Re Resumption of Building Basic Industries Industries Industries Indus Indus- tries of State Local realtors are In hearty hearty accord with with the sentiments expressed by Louis S. S Cates Gates assistant general manager of the Utah Copper company In relation toa toa to toa a remedy for the depressing unemployment unemployment ment situation The plan suggested by Mr Cates at the industrial conference held last Friday with Governor Charles R R. Mabey Mahey Ma- Ma bey hey and other state officials would prove an adequate remedy for tor the thousands of Idl idle not only in Salt Lake and Utah but throughout the country In the opinion of ot the Ashton Jenkins e I company Y Mr e Cates i lo said in suggesting g W a remedy It It t is perfectly evident that we are not going to get any assistance from abroad for some time to come There is however a wonderful opportunity within the cOnfines confines confines con cOn- fines of ot our own country Statistics show the shortage of some five billion dollars dollars dollars dol dol- lars of building due to the cessation of ot work during the war This vast amount of ot house building over the country would give employment to thousands of ot skilled mechanics in the building operations and ma ma v thousands mor more in all the building material industries and would bring about a general reduction of ot rents and Improvements Improvements improvements improve Improve- ments In living conditions Such a revival of ot building would quicken all aU the trades and industries and go 0 far farIn farIn farin In tiding this country over the period of ot depression which the world Is bound to experience until Europe recovers from its state of prostration My M suggestion of ot a remedy is to have havea a fearless committee appointed that with the aid of public opinion will investigate the situation t try to determine where Improper improper im Im- im- im proper profits are now being made when determined advise the public do e everything everything every every- thin thing within its power to bring about a uniform reduction in the costs of all materials materials ma ma- and wages without inflicting any hardships If It the public could be brought In closer touch with the actual conditions It would demand many adjustments that soon would make it possible for a building program to start which would be of ot lasting benefit to the state and help tide over this period of acute depression 1 The resumption of ot building activities however would go farther tarther than this said Blair Richardson of the Jenkins Ashton firm Building is one of the activities of ot a community which are basic industries Industries industries indus Indus- tries and upon which many other Industries in industries industries In- In and even general business conditions conr con con- must depend P to a large extent A r large en proportion r r I of the building u materials i ia are taken from the ground Itself such as the lumber bricks steel and iron Upon the production of ot these materials man many Industries are dependent entirely yet as long as there Is la no building going on there can be no production of materials and andas andas as asa a result the general prosperity is re reduced rei re- re i The merchant is dependent on the I general prosperity and as a been result instruct the cessation of ot building has been instrumental j mental to a large extent in the shutting d down of o on every hand i ib id b The resumption if n no nf of f building therefore would d furnish the means of support t to i ete other b business enterprises and act as a stimulus to the now dormant business business' world It would cause some increase ase in inthe the demand for copper in a direct man man- manner manner manner ner by furnishing a place for it to be Indirectly it would effect It to a a. much larger extent as it would mean that copper electric light wires and telephone telephone tele tele- phone lines would be needed The building would effect other basic industries in a similar manner