Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1901-11-09
FIFTH ANNUAL
CONVENTION.
National Livestock Meeting in
Chicago on December g.
THE GREATEST EVER HELD,
sl,555, 700, 900 I'm Cold Cash VIII be
Represented at the Big Gather
Ing Next Month.

Denver Colo November Z, lsOl.--Dur-
ing the past fifty years there have been
many conventions held in the United
States representing vast accumulations
Of wealth and progress. But the first
great congress of the twentieth cen
fury, the Fifth Annual Convention Of
the National Live stock Association
representing the entire industry of the
nation, which viii assemble in stude-
bakers theater Chicago, H., on De-
oember 3. will represent as much enter
prise and more money than any gath
erlng of men ever assembled ON the
globe
I'm 1850 the total value of the live
stock Of every state in the union was
less than 1920 100000, today II Is S4,-
555,S27.375, a sum incomprehensible to
the mind of man. In the year named
there were but II 900. 900 cattle. 2l,7222sO
sheep, 4,S96O5O horses and mules today
the figures are 50,602 ili cattle l5,e2S,55l
horses and mules, and 50,203, 900 sheep.
Then the grade OF this stock, except in
some sections of the extreme East was
OIL the scrub order, which grew and run
Wild upon the pastures Today no
finer blood nor more improved methods
can be found than In the United States.
The magnitude Of this industry can on
~ be comprehended by comparison All
stock ward companies, packing houses
commission exchanges and large per
cent of the freight Income of all trans
portation companies are merely Incl
dents TO- and dependent for success
upon the efforts of the live stock grow
ers and feeders, which term embraces
every farmer In the Union. Live stock
and cereals are the same as cash in
hand. Were the former converted into
cash II would take every dollar In cir
culatlon In the United States and then
the commission man would have 20 bor-
row $2,225, 900 900 from foreign banks to
lluuidate the bill The cereal crop OF
the country Is valued at 2025, 1855,
yet the live stock Is worth more than
all the cereals. metals, cotton, lumber,
sugar and tobacco combined. The live
stock men could buy the stock OF every
national and private bank IN the Unit
ed States and England and then have
millions OF money left for speculation.
They could own all the stock yards and
packing houses In the country and have
a surplus OF more than a billion dollars.
They could establish stock yards
company as large as the Union stock
Yards and Transit company of Chicago
IN thifty-three cities, with a capital OF
$50, 1000. 0OO each. and one in every city In
the Union as large as fIenela, Montana,
each with capital OF sli,220 900, They
could build three trans-continental rail-
way lines from the Atlantic to the Pa
cihc ana have left $3.50 100000 for re
serve fund They could own every
steel works and smeter in America ana
Europe and have billion dollars left
20 purchase ore With. They could con.
troll every ocetnic transportation COM
pany In the world and have left q sulii-
Client sum to run them for ten years
without taking In single dollar.
There are 100000 Of these noblemen
in the United States II they were to
become 50 united uoon political mat
tiers, as TO vote as unit, they could
elect every officer In the nation from
the President to the most humble, back.
woods road overseer. There Is abso-
lutely no limit 20 the possibilities ~
these men II they should collectively d.
vert their force and influence in any d.
rection.
This, the greatest industry Of the
country. will hold its fifth annual con-
vention on the date and place already
stated. There will be several bills APP
proved by them which the incoming
Congress VIII be asked in no uncertain