Deseret Evening News | 1909-12-07 | Page 7 | Country on Eve of Real Business Expansion

COUNTRY ON OX EVE OF REAL BUSINESS EXPANSION EXl I have havo thus In a message compressed messages subjects will permit as n much as M the per perthe referred to many of or tho the legislative needs of tho the country with the tho already noted Speaking generally the country count Is In Ina Ina ina state stata of prosperity is Isee a high wT every ee reason to believe that wo we are aro o on tho the two ovo of a substantial business expansion expansion sion Alon and we havo just jut garnered a har harvest harvest vest ves unexampled In tho ts market value of or agricultural products The rhe a high our products means prices wish which such products tl grin bring mean great prosperity for tho a farming com community community but on tho the other hand they mean a very ve considerable increased burden upon those classes in the com eom community whoso Whose yearly earb compensation does not expand with the Improvement In business and the tho general prosperity Various reasons aro are given Jen for tor the high prices Tho The proportionate increase In Inthe Inthe inthe the output of gold which today to a Is the chief chlo medium of exchange and Is in comb omo respects a measure of or value alue fur furnishes furnishes a n substantial explanation of or at least part of ot the tho increase In prices Tho The Increase In population and tho th more expensive expansive mode modo of or living of or the people which have havo not been accompanied accompanied nied by a proportionate increase In ill acreage production may furnish a fur further further further ther reason It Is well to note noto that tho the Increase In n the tho cost of or living Is not confined to this country count but prevails tho the world over oyer and that those thoS who would charge increase In prices to the existing protective must moot meet the fact that the rise In prices has taken place almost wholly In those of or tho the factory and farm Carm in respect to which there has been other either no increase In Increase crease In the tariff or In many Instances a n very considerable reduction I WILLIAM r IT U TAFT The White House Home Dec 7 1909