The Helena independent. [volume] (Helena, Mont.) 1875-1943, 1894-11-02
THE FINANCIAL SIDE.
Nobody Wants 10 Invest whore Corporate
Inflasnoes Control.

| toHurhcot 'oph"is
The arrival of II. NJ. Jarvis, a repre-
sentative OF the large and well known
| financial investment company known as
the Jarvis-Conklin company. of New
York and Kansas City, whose Montana
business is conducted by Steele & Glenn
ents. OF Helena, at this particular time
Is looked upon by the business COM
munity OF Montana as a very significant
occurrence Naturally II led to inter-
Views with him by some of the leading
business and industrial men of Mon
tana, During this interview. Mr.. Jarvis
said that the object OF mis- visit at this
time was To look after his company's
large investments throughout the state.
and to urge parties who are indebted to
them to be prepared TO make their pay
ments as fast as they mature, for the
reason that conditions in Montana are
looked upon as very unsettled on ac-
count OF the agitation of the capital
question and the manner in which the
campaign is being conducted.
Mr.. Jarvis was asked whether his
| company or their investors would re-
new or extend their present loans.
Under present circumstances, as ]
said before" answered Mr.. Jarvis, las
| far as our company is concerned, the
unsettled condition, caused by the capt.
tai contest. and the future influence
which may be brought TO bear upon leg
| islation, brings us to the conclusion
that under no condition would we en-
terrain proposition TO renew or eN-
tend any loans
what are the reasons for the appre-
hension?"
THE people whom I represent" re-
piled MIR. Jarvis, 'are people not inter
| ested or identified with the political or
| capital status of your state. further
| than in the maintenance of proper and
| stable conditions of values not subject
ed To the interests or designs Of corpo-
ratons or their managers, either 10
control the policy OF taxation or In what
proportion such taxation shall affect the
various enterprises and properties, Fur
| thermore, II is generally accepted that
the distribution of untrammelel fran
chise is the object OF the people OF the
state, and "A franchise II not properly
guarded by the voters will retard the
growth OF the state, and consequently
would not be good place for men TO
make permanent investments"
What Is your judgment as TO where
the capital of Montana should be lo-
| catcd?"
~ would not like 10 answer that ques-
| tlon direct. but il should be a city such
| As Great Falls, Helena or Bozcman, or
| one similarly located, for the reason
| that more than one interest should he
| represented I'm town whore the busi-
ness OF state Is transacted. Further
| more. II should be as near the center of
| population as possible. also ~ easy ac-
cess TO the majority, thus establishing
/ a. I'm
/ ent and future generations"
Prom what you say Is II Ia he In
| fcrrcd thnt loans could not he obtained
/ FOR any part of our state. based upon
real estate securities, II the capital
| should he removed
"You are asking a too sweeping and
direct question" said MIR Jarvis, but
| tu hr frank. you are guessing about
| right II would certainly be more diff
cult under such circumstances 10 mr.
range finance so favorable. MS with
present conditions undlsturbed."