Show DEVELOPMENT IN UTAH PREDICTED BY CARl R. R GRAY GRAf U. U P. P President Addresses C. C of f C. C Members EXPRESSES WONDER Pays Tribute to Pioneers of Industry Utah is on the threshold of a gIgantic gi gigantic gl- gl gantic industrial development said President Carl A. A Gra Gray of the thc Union Pacific system e Wednesday in his address before the members of the chamber of commerce The railroad officer termed one of the forem foremost st tra traveling executives In n America took his thoughts from his ils general subject of railroading tong long trib- trib tribUte tribute ong enough to pay eloquent I ute ite to the pioneers of Industry who wiio have returned to the Beehive state President Gra Gray expressed his astonishment astonishment as- as at the Ironton fronton steel plant ilant and the wonderful accessibility to the natural resources of i which Utah abounds in I lie He predicted that the coming years see great capital Invested in invested invested in- in vested In the state President Gray spoke on n The New Era of Railroad Development Just what the railroads nave have donto done don to o bring them closer to the American Ameri Amen can public and how the carriers had lad changed the attitude of the cit cit- to one one of friendliness were stressed b by the Union Pacific President Gra Gray traced the railroads rail- rail roa roads oads s back to prewar days das when the he public regarded the carriers as enormously powerful oppressive corporations The roads were growIng growing growing grow grow- ing away from the public for a number of years ears HAD TO BORROW The speaker pointed out that he himself had been in a position to see railroads supposedly In strong financial mancial and physical condition De Deng belog De- De log Ing ng forced to borrow mone money from ever every until credit ha had f Then after the war and the railroads railroads railroads rail rail- roads were returned fo to private coho con coti- coti o President Gray sara said that the carriers approached th the situation from froma a liew new nt seeking to to to establish a better understanding and to render a greater D public ser ser- vice The rhe personnel of ot the roads loads were traIned rained to better serve the tile people the press pres's became a medium of reaching the public through helpful editorials and Interviews s ana ano gradually gradually gradually grad grad- the pendulum swung toward a more pleasant point President Gray cited the prompt and efficient service to shippers which had netted savings to the public of between twenty-three twenty and twenty four billion more than the thenet thenet thenet net income of the service rendered The speaker paid compliment to he the the chambers of commerce for municipal municipal mu- mu and state advancement terming the organization as a a factor factor fac fac- tor toi of good in every business and andeXl eXl expressed his gratification over ovel the tile large membership of railroad men in the chamber President Gray and his party left Salt Lake Lale at 1 30 for Omaha his headquarters I |