The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1899-09-25
Ex-Governor of Iowa Likes Salt
Lake.
STORY OF PROSPERITY
SAYS HIS STATE rs IN GOOD
SHAPE.
Democrats There Are Making Fight
Against Imperialism and Trusts
Former Executives Visit Out
Here Is Connected With Life In
surance Business.

Ex-Governor and Mrs Frank D
jackson of Des Moines, Ia, arrived in
town from the east yesterday after
noon and are snugly housed at til
hnutstord. Governor jackson is very
aIIapie and chatty, and a courteous
gentleman of the old school His man
iier Is most charming, and in addition
ne dlspenses hospitality and good cheer
most generously. He was seen at the
hnutsford last evening and said: THE
lloai wave of prosperity has flooded
iowa with unprecedented crops. and
lhis fall the farmers are reaping gold
en- harvests
Money was never so plentiful in the
aawkeye state as it is now; in fact,
there is so much of it that the banks
and trust companies are satisfied with
5. per cent interest on securities that
three years ago paid s and 10 per cent.
AT that time the money-lenders felt
that their clients were putting them
selves under obligations to them. when
they paid their interest; now the shoe
is on the other foot So many people
nave been chanting tunes relative to
prosperous. times IN Iowa that the airs
nave become a trifle nonotonous
No Hard Times Cry.
But that sort Of n1onotony is less
discordant than continuous, calamity
howlings; we had enough of them in
1893, and we hope they've been buried
for good. Iowa is in the throes of a
gupernatorial election this fall The
state is strongly Republican, and no
doubt Governor Shaw win be reelected
by the largest majority in the history
OF the state. The Republicans are a
unit on the support of the present ad-
mlnlstration-its war policy, the meth
ods used in bringing the Filipinos to
terms. and the gold standard
The Democrats are making a fight
on anti-imperialism, and the gigantic
trusts that have beeen engendered by
protective tariffs. 1 think that the
trusts will strangle themselves by and
by. The same causes that produce them
VIII eventually cause them to segre-
gate If the present conditions lasted
for ever the trusts would initiate them
selves to the bursting point with wa
tered stock-a temporary depression
would cause cessation of dividends;
the public would stampede. throw their
stock on the market, and the bubble
would burst.
Then normal conditions would be re-
sumed, and the individual manufac-
turer would have some sort of a fight
ing chance. 1t will come along by and
by"
ElfSC VlSlC dere.
This is Governor Jaekson's first visit
to Salt Lake. The immense tracts of
agricultural lands and the vast mining
and commercial industries have made a
deep impression on him. 81 had no idea
that such a grand country was to be
found in the intermountain region. One
must live in it awhile to really appre-
ciate it, | suppose but even to a casual
observer it is wonderful" said the ex-
governor
Ostensibly Governor Jackson is in
Salt Lake on pleasure bent, but in re-
atty he will temper his joys with some
business. He is president of the Royal
Union Life insurance company Of Des
Moines, a corporation that some months
ago absorbed the Union Life Insurance
of Omaha. Six years ago they
a branch Office in Salt Lake,
with DR.. Louis Loda as agent DR..
Lola had many applications for poll
cies from men engaged in mining en-
terprises. He sent them east to the
chief office of the corporation, but his
efforts bore little fruit.
The company was a bit scary about
insuring the lives of mining men,
thinking possibly that most miners
spent their time sitting on dynamite
and cracking their heels against it.
The ex-governor will look into the
miners mode of life while here, and
the outcome will probably be a. rush
of business for DR.. 'Loda.
Governor jackson is a native of New
York state He was graduated at the
Iowa State university in 1874; was sec
rotary of the Iowa state senate two
terms and secretary of state, Iowa,
three terms, and governor from 1894 to
1896.