Show TRADE ID AND flin NANCE LETTER reviewing present conditions throughout the united states and the intermountain regon region we tire lire reminded that all progress all growth is relative the asparagus plant or the mushroom appear to outstrip the redwood tree but which becomes tile the giant all great movements must proceed slowly and with caution there must bo be pauses in our commercial life wo are are a volatile people rising to the heights of extravagance in our belief in the future prosperity of our land lana or kinling into despondency as we view with alarm the obstacles which appear to block our way the rate decision the uncertainty as to procuring a i reciprocity treaty reaty with canada threatened tariff revision the trouble in mexico all mere incidents in themselves seem to have halted temporarily the progress of our great industrial concerns yet greater questions are being settled quietly every day seeds are springing to life in the sol soil new enterprises are forming for future growth education Is advancing we ve are moving onward we scarcely anticipate that business in general will advance at a great rate during the succeeding eighteen months our growth will rather resemble that of the glant giant redwood natural healthy wholesome and lasting rig the principal factor in evolution is time caution and conservation are arc not pessimism they are simply the brakes wisely furnished to retard undue acceleration the supreme court has said that the standard oil trust must be dissolved within the succeeding six months we do not think that the decision will have the effect of increasing or diminishing the wealth of the country by the measure of one dollar as the various companies composing the trust will undoubtedly continue their operations and from now on in compliance with the laws of the nation the opinion rendered is undoubtedly an able one and its immediate effect upon the market is to give it strength and couyancy bou yancy other giant combinations are by this decision shown that operations aich have the effect of putting an unreasonable restraint upon trade will not hereafter be tolerated locally we are expanding every day it is impossible for us to do otherwise prices may rise or tall fall business may slacken or accelerate but our steady onward and upward progress less can not be stopped regardless of what we ve as individuals may think say or do we are a new country with all of the latent elements of greatness geology teaches that the hidden treasures of our mountains and the depth or of the soil in our vallies rallies were ages in forming it will require long jong decades for us its to subject these to our material uses we must produce more abundantly of our raw materials before we greatly advance our manufacturing industries and before we come coms into our own we must certainly become a united people building although building activity Is not what it was two years ago salt lake is fully keeping abr abreast of her needs in this line among the buildings now in course of construe tion and for which plans and contracts have been made are the walker estate store and office building at main alain street and postoffice Post office place to cost when all completed as planned the P J moran bululk ing and exchange place to cost the federal building addition in postoffice Post office place to cost the empress theatre at no 53 main st to cost the peery hotel at west temple and third south ats to cost the salt lake high school at thirteenth east and ninth south streets to cost a public school building at eleventh south and seventh east streets to cost the central building at the university ot of utah to the new county infirmary building to cost canning apartments at fifth east and second south to cost cummings immings Ci apartments fifth east and third south to cost 1 zilpha realty company building fit in fourth south between main alain aud and state street to cost vissing apartments at thirteenth east and second south to cost houston building in west third south to cost halloran wey mueller building in west third south to cost judge company improvements on no south main alain to cost the salt lake hardware companas Comp anys salesrooms sales rooms south main to cost perry S heath building at second south and aal second west to cost and the ladies literary club at E S temple chah east to cost 30 COO A gri anar evidences lesi esi dences and other smaller biz bis ss sa structures are also in fit bourni cour i of 0 i i the utah ita t s i just about completed and we hop 10 tip 0 o ree fee excavating begun for the ho enli I 1 ni state sart capitol building to lost ost pi total ox ex cl s vi v oi of residences and small bustness business blocks home industry tho the benefit of the ork which has bag been done to popularize home manufactured product tire lire being felt very centrally gen trally merchants toll toil us that the call tor for goods made in utah Is growing appreciably prec preci ably every month and the manufacturers aro pleased with their additional dit ional orders for home consumption we have previously suggested that ali at a closer acquaintance with home mailo mado goods would prove profitable to the entire community as well as in tive c to those of ua its who mho have been b buying ying foreign goods the ex hibit at the pure food show during home industry week were a revelation to hundreds of utah citizens A place has been provided in the chamber of commerce for continuous ox cx of 0 utah manufactured agricultural and mineral products located opposite the temple grounds it offers an opportunity to acquaint every tourist and visitor to the city with our vast natural resources as well as our established industries As a means of bringing settlers into the th e state a full use of the advantages offered tor for maintaining attractive displays would undoubtedly bring results beyond the exception the efforts utah made at the omaha land I and show and at the pacific land and products exposition at los angeles which was attended by our governor with his stoff stair and joseph E calne caine secretary of the salt lake commercial club Clu band and utah development league his arcady attracted widespread attention to this bbate that kind of effort is educational and is well worth our careful v consideration 1 oura tin i a ed our money manufacturers the manufacturing industries of utah show a healthy of increase during the past live five years which indicates that we haie reason to be proud of our state and its progress there are today in utah manufacturing establish i k merits not including scores es ot of small plants nor steam laundries of 0 the latter we have 25 with a capital investment of employing people paying out annually in wages and running expenses the other factories in the past five years have increased their annual output by or 59 per cent they now employ more people and have increased their capitol stock by or per cent and and have added to their annual wage scale or 66 per cent each year these factories succeeded in increasing the value ot of our natural products to the extent ot of 20 they deserve our careful study and continued support one infant industry that promises much and needs encouragement is t the h e manufacturer of byproducts by products from crude and refined oils some work is being done in oil fields ot of emery county juab and san sail uan and we are pleased to note the apparent prospects ot of the immediate development ot of the spring valley wyoming field which is tributary to salt lake there are now kinteen producing wells in tills this district and existing leases and contracts call for the drilling of 49 more this season others will surely follow there Is only one barrel a day refinery in the field that ot of the united states refining and production company at leroy wyoming so that most moat ot of the output ot of that field must come here tor for handling we are advised ot of plans now contemplated to increase the plant of the utah oil refining Rs Ra fining company in salt lake that com celle pany now makes gasoline kerosene fine fille wax high grade lubricating aing oils and some fifty other products byproducts by while while the lubra oil manufacturing 9 company makes shoe oil automobile oil and many oter commercial products besides contributing to the local demand they find market for their goods in most of the western states railroads Rai roads the new line between the copper mines and the smelters shelters sm elters the gingham bingham and garfield Garti eld railway just being completed gives utah a now new scenic line for passenger traffic between salt lake and gingham bingham and shortens the ore haul from mine to 10 smelter by nine and three quarter miles this road is a marvel of engineering gin gi skill already she has attracted the attention of railroad building experts throughout the entire world it has 20 miles of main line and 10 miles of siding its four tunnels have a length of feet and the three steel bridges have a total length of 2000 feet there are two wooden bridges ialo fackt and feet respectively contracts have been lot let and work begun for the completion of the double tracking of the oregon short line from farmington cannington Fann ington to ogden and on oil the southern pacific fiona ogden west to west weber carrying out the announced plan of this system to expend in the general improvement in pro if its lines A line of road is also being built from hurley burley idalio idaho to kelton summit a distance ot of 58 miles through the raft river country in fit southern idalio idaho it Is the intention of the oregon line lne management to extend this line later on front from KI ke llon summit to saline utah west of ogden on oil the main line of the south ern pacific which will give a direct lina in front I 1 roni salt lake city to twila rall rail idaho the salt lake route has begun the construction conati notion of a new line of road from moaga moapa on its main line between salt lake and los angeles south a distance of 22 miles the aloaha melon country to st thomas nevada this will permit the marketing of the products of this great section of the country in salt lake to avoid future washouts wa shouts along its main line this road has about completed the construction of a high line for a distance of 84 miles between barclay and 11 lompa nevada through caliente the roadbed Is transferred flom the bed of the old wash and the new line of tracks is carried high up along the sides of the canyon this improvement insures an all open line to los angeles the year through good roads of all tl the c forward ahe movements begun for t the development of utah there is no one more teal leal important or more far reaching in its effects than that for better wagon loads A study of ilie the growth of this section ot of the country will reveal that population and improvements ments follow the roads just as they follow the rivers when the country was a wilderness of what use to the farmer to produce a big crop yield it if lie be cannot quickly and easily haul it to market it if we but make good roads thero there will follow a rapid increase of the percentage of lands under tinder cultivation almost any state in the union would consider itself blessed it if it had the materials at band for road construction which utah has in millions of tons the right to use convict labor as granted by the last session of the state legislature means that we can now construct splendid highways at a nominal cost it if we of the intermountain states will but make the most of the vast resources within our borders foster and build up our established industries add new ones as needed and exemplify the redwood in its grow growth till the future of ten or twenty years will discount by far any picture that our optimists of today might paint THE NATIONAL COOPER BANK salt lake city utah correspondence Is invited concern nig any intermountain resources 0 chadee lains cough remedy nit ni cir t ift benn ind EDWARD E MOM R D B KIRK FARM LOANS OGDEN UTAH I 1 2785 grant avenue bill bell then phon |