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Show THE CITIZEN have established in Salt Lake during the past year. UTAHS INDUSTRIES BUSINESS. min mi LECTURER PICTURES 1924 AS A BOOM YEAR Trained in business development from the technical and machinists bench to the head and management of the Intermountain self-ma- RIO GRANDE A BOON TO UTAH de riectric company, C. B. Hawley lectured before a pretentious group of C. II. llnwlry Salt Lake businessmen during the week on Utah industrial growth which from the standpoint of accuracy in prediction and review may be consid- ered a master piece. The talk on dustries was at the chamber of commerce. Instead of just saying that The eyes of the wrorld are regarding Utah with very keen interest and hands in- quivering at the pursestrings for the proper time to invest, he proceeded to prove the case. And this may not be done with understanding unless the speaker has watched progress during several long cycles of business experience. Unlike many men Mr. Hawley knows business cycles as they effect Salt Lake City and Utah. In the course of his remarks Mr. Hawley skillfully handled each of the years and progress made since the depression following the war up to the present time. Then he pointed out with delightful assurance to the cold calculating businessman that 1924 is bound to become a year of prosperity when opportunities will be in store for the man who is willing to work hard and simultaneously profit from past experience. ued activity during the present year along lines of building and recon- structing. Industrial improvement also was proved very conclusively when Mr. Hawley compared the year 1922 with 1923 and showed that business growth had been due to steady advancement. Illustrations came in the growth of civic and business organizations, the increased interest serving as ja barometer of no mean importance. The speaker further tended to show that the manner in which businessmen had been aroused to the problem uniting for general benefit to the business interests of the community represented a condition of business health which had a very pronounced meaning for the future of Salt Lake City. This latter fact has since the lecture caused businessmen to see a li which is indeed interesting; for if the spirit can be continued as the picture of advancement threaded Mr. Hawleys lecture, the commercial and civic spirit in Salt Lake City will make the community famous. There are at present many business and civic organizations in Salt Lake City which have been growing rapidly and which indicate that interest is mounting. This spirit has been stimulated by the increased exp tures on the part of big corporations. There can be no greater confidence displayed in Utah than that exhibited by successful business organizations when they make big expenditures, a in the case of the railroads, the Columbia Steel corporation, dominated by. California capital, the Utah Power and Light company, the Utah Oil Refining company, the Texas Oil company and many other concerns which The Denver & Rio Grande Western railroad is centering faith in Utah which is deserving of the attention of industries and business men in general. It was announced a few days ago by officials of the railroad, as the result of an inquiry into the activities by a number of business men interested in Utah development, that the Denver & Rio Grande Western now is spending $2,300,000 in railroad improvements affecting Utah points entirely. It is interesting to note, in a review of activities, that the Denver & Rio Grande Western disbursed in Utah during 1923, for fuel, taxes, pay rolls, dining cars and hotels a total of It may be interesting to observe also in this connection that the Denver & Rio Grande Western is the largest taxpayer in Utah and in addition the same railroad employs more men than any other railroad in the $8,-125,00- 0. state. This is highly interesting to all business men and especially the retail merchant, who in his campaign of 1924 is endeavoring to develop efficiency that will make the year a banner merchandising year. Every retal merchant is looking forward for his livelihood to an ever increasing payroll because it is a well known merchandisings fact that the busines building buying power centers very largely wTith the man who draws a reg- ular pay envelope. If the Denver & Rio Grande has the largest pay roll in the state it means automatically to the retail merchant that his largest revenue, comparatively, must come from that source. Railroad salaries are larger, comparatively speaking, than those of almost any other salaried group and in conse- - quence railroad employes are to buy their necessities more gmet ly than almost any other class. Regardless of the fact that the: ver & Rio Grande has more milt railroads in Utah than any other1 road, an additional vast exp end N1 for direct improvements and e O sions of nearly two and a half nil of dollars is being made. This in over and above the regular means more money from constru, men, who also are known as gent mtu g s; spenders in retail houses. Pay rolls coming from the then struction of the big round hoc Co the yards of the Denver & Rio Gtrato Western in Salt Lake City have. Hi ed to stimulate buying in retail tnea of all kinds in Salt Lake City. Ijon addition the Denver & Rio Gy a serves more important citieiapj towns in Utah than any other raior which means that the buying bypjj. ver & Rio Grande Western rapg employees is widely distributed. Then comes the question ar;X pn retail merchants of Utah appreciative of the benefits whit being derived from the Denver i oi Grande Western in Utah? Ani,y musi question should not remain ei and with the retail merchant; fa a wholesale merchant and the job. rt, ition dependent upon the retail man a:310WJ manufacturer or the original depends upon the wholesale ( chant. , y These pertinent facts that ist ver & Rio Grande Western is the Pn: iest tax payer, has the biggest the maintains the greatest numb1011 miles of railroad and serves the.e est number of cities and 1 townspd G teresting in view of the fact tbohni railroad in question rarely liasPris for anything from the state based its argument for existecn di SERVICE. Jthu Scenic Utah, in its most entrs. places, is being served by the Iognit ! org & Rio Grande Western. resei llllllllll .. . . .. . r . X &?& Some of the highly interesting facts included in the talk by Mr. Hawley are in reference to the fact that the Utah Power and Light company has under construction at the present time improvements amounting to more than $11,000,000, that the Utah Oil Refining company expended about $700,000 in making improvements during 1923 and is ready for contin f r1 ' TTT. .. P.W-- . Aiiffimln Natural Ilrliljre In noutlieaNtern Utah, reached via I lie Denver & Rio Grande Wcatern. This iiinrel" 111,111111 of nature berauwe of Hu general ImprcuNlve appearance la beginning to attract artlata throughout America. |