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Show FINANCE AND IE SHEEPJNDUSTRY Following is the speech gfven hy F. C. Jensen at t-he Bankers' convention con-vention at Provo. It is op the subject sub-ject of finances and the sheep indus try, and ought to be of interest hero as some of the points made are new and apply in all sheep-growing sections: sec-tions: Away back in the olden days when the gracious and beautiful Abigail presented the lordly David with a peace, offering from the great flocks of the Orient, she bestowed upon him tho proud gift of a shepherd that brought peace, happiness and prosperity pros-perity to her husband and her home and Invited the magnanimity of his majesty. So, likewise, when the shepherd appeared with his flocks on the mountains and plains of Utah, did he endow our fair state with a precious legacy which has rebounded to her wealth and comfort and vouchsafed vouch-safed to her a new era of prosperity prosperi-ty from that day on, and, as the Industry In-dustry increased Us beneficent influence in-fluence permeated business to a greater or less degree, until today It stands as one of the barometers to Indicate the temperature of nearly all classes of business in Utah When the heart of t'hls great Industry Is touched by the enactment of vicious laws, by unwise legislation that disturbs dis-turbs long established rules of protection, pro-tection, by the- changing, or attempting attempt-ing to change the tariff schedule on wool, then the pulsations and activity activi-ty of nearly all classes of business heat low and begin to languish, nnd depression may be seen from the Idaho Ida-ho line to St, George, and this In a measure is the condition that exists today. The sheep Industry should never be made a political question or issue to divide the people In Utah or adjoining ad-joining states. The product is so. potent and vital to the comfort and welfare of its Inhabitants thnt a great want would be felt should It be materially diminished. The typography, typog-raphy, the arid and climatic cond! tions of our state are so perfectly adapted to tho profitable pursuance of this industry that no other substitute substi-tute yet known would augment the state's finances like that. Our high mountains furnish nn ideal pasture in summer, and the desert plains, where water is so scarce, they thrive as no other live Slock can In winter. They penetrate ihe desert fastnesses anrl pick up the forago there that has only grown up to die and tp decay for thousands of years before, nnd rotum to tho state millions of dollars instead Two years ago. when this State Bankers,' association wan launched, and which I conglder was, tho -mosj. prosperous year aB a whole .our stale has ever witnessed. tranquillitv reigned supremo, contentment Bmik Od on every harj.wool .was then, 2fl cents per pound, , ewes sfl ner head, off the range. whfrJi added, to Che state's flnnncopSG.OQQ.pOQ ;bjid which I attribute wjiis. iq. a.. Jarge.. degree the causo of ttQ unparalleled Prosperity Pros-perity of our state that year, and T venture tho balance" sheer -of tho banks and merchandise housos in our stale for tho year 1900 will sustain my position, and what Is truo of that' "year has been true of the succeeding years, and many years before, that othorv business prospers 411. accordance accord-ance iWlth the prosperity of this great industry; A Mark the change Tariff revision, reciprocity, postal savings banks, bank laws and regulations to change and upset Jong established and fixed! methods for conducting business were not then lurking in the shade) which now destrqys confidence, nnd withholds' capital JTrpn MVivcs?ra"6nt. Men are how groplng'ln tho dafrk pri "an uncertain foundation) - A '"' '" The large cities only feel the re suits of this Industry 'in an indirect way, while the smaller towns and cities cit-ies all over our state become the direct beneficiaries. In the same ratio that the Industry flourishes, do the stores, Implement house's, harness shops and blacksmith shops profit by their patronage. Thousands of lambs and sheeo are put on feed to be fattened each year for the market, thereby furnishing the farmers with a home market for their grain and alfalfa, and the sugar factories a market, for their by-product, and the banks and wholesale houses in the large cities by tho Increase In-crease in business from tho country. On the advent of the sheep our mountains were covered with a Jungle Jun-gle and thicket of such nrollflc growth that a man could scarcely penetrato it on horseback, which had grown up In the past ages only to die and decay each year. The flocks scales the mountains, cashed in the weeds and poured the treasure into the lap of our state. And here the contention Is made by many that the moisture from th rain aud snow that was required to produce this abundant growth then evaporated into tho air and was carried car-ried off by the wind, now has a chance to sink into the ground, and percolate into the streams, thereby increasing the volumo of water for the valleys below, and thereby bringing bring-ing under cultivation additional thousands thou-sands of acres of land due to the increased water supply and men are beginning to realize that where this growth Is again allowed to reassert Itself, and flocks are forbidden to enter en-ter the volume of water diminishes. And numerous instances can be cited of farmers lying adjacent to the Man-tl Man-tl national forest, who are actually inviting the sheep back to graze on the forbidden district, being convinced convinc-ed that that Is the cause of the decrease de-crease of water in those sections now, and unless that bo done they apprehend retrenchment in farming ill bo the policy, whereas expansion has been heretofore. Tho industry is well in hand and -producing an abundance of tho raw material, but its full efficiency is not yet attained The manufacture of the product is but in its infancy, or not oven begun; modern grading and scouring plants and woolen mills must be established to work up the clip each year, which would furnish employment for all the surplus laboi of our state. Then would follow the manufacture of our clothing, and the money now paid for freight on our wool east, for the ready-made goods, and the freight on the goods back would all remain at home and the stato would profit in every change The modern homes, business block.- and banks that can bo seen on passing pass-ing through the state are largely owned by the men engaged In this industry, and are the material evidences evi-dences testifying to the important part it plays in the developing of natural resources, and tho upbuilding of a glorious stato The Bhepherd's lot is not a path of roses thorns and barriers constant-1 constant-1 appear by the waysldo to thwart his progress, and it behooves the people peo-ple to stand united for favorable legislation leg-islation and lessen the burden that they may keep alive and prosper the grandest industry that evor blessed our state, the comfort of which we enjoy every day. nn |
