Salt Lake evening Democrat. [volume] (Salt Lake City, Utah) 1885-1887, 1885-10-27
THE BUSINESS OUTLOOK.

The feeling in business circles seems to
be better than for some time past, and
this feeling is general throughout the
country. A general depression has been
upon the country for nearly three years,
although the depression was totally diff
ferent from that which ensued after the
panic of 1877. The year OF 1877 was
year of almost financial disaster, while
the depression of the last three years has
been very largely the result of over pro-
duction it has arisen from surfeit and
not from dearth. The prosperity of
every portion OF the country is more
or less dependent upon the pros
perity of every other part, but
there are local causes which give an in
creased impulse TO local business, and
that impulse is now being felt in Utah.
The cause for it it in the increasing pros
perity Of the mining camps, and the ones
who should know say that even some Of
the leading mining camps have never
given promise of greater prosperity than
now. Park City, the leading camp of the
Territory, has never shown up better than
to-day, and while it would take most
sanguine and hopeful man to predict that
there are plenty of Ontarios near the
Park, still there are number of mines
there that may be termed good mines,
while the exploitation now going
OH is almost without precedent.
Tntic is looking up rs it has
not for long years, and great hopes
are entertained OF its wealth. Bing-
ham remains good, and there is general
belief that new mines, equal to some of
ment. The Cottonwoods are giving
good output, and one or two owners think
they have some big mines. The great
mine of Southern Utah, the Horn Silver,
has not resumed its shipment of ore, but
sanguine hopes of an early resumption of
ore shipments are entertained. The min
ing industry OF the Territory is in very
healthy and prosperous condition, and
with this industry in such condition
and steadily carried on, Utah will
find a ready market for her agri-
cultural products, and q place
where her surplus labor can find employ
ment. The agricultural crops this year,
us for several years past, are abundant,
and the farming class are well supplied
with the necessaries OF life The number
OF buildings which have gone up in this
city during the summer is much greater
than is generally supposed, and they are
generally neat and of substantial char
acter Business is dull, but the outlook
is encouraging, and next year we may
but not OF "booms."
The social and political condition of
the Territory alone is the great
drawback now, and so long as the
present agitated state of things continues
capital will necessarily avoid the Terri
tory. The cause of this agitation is the
enforcement of the Edmunds law no
doubt, and the enforcement of this law
will continue cause of agitation 80 long
as its violation continues so extensive as
Mt present. 1t is highly desirable that
this agitation cease, but SO long as the
Edmunds law remains and is enforced it
will not cease. 1t is the duty of the Gov
ernment to either repeal this law or to so
rigidly and extensively enforce it that the
violations Off will be SO infrequent that its
engagement will cease to be cause of dis
turbance. That the general sentiment of
the country will not allow OF its repeal we
take to be certain, and so it plainly be-
comes the duty of the Government to SO
increase the penalty for the violation OF
this law and the prosecuting force to en-
force it, that the Utah question may be
settled once and for all. Let us have a
settlement of the question one way or the
other, and a cessation OF this seemingly
interminable agitation.