The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1902-11-12

just only beginning TO grasp in our
minds the magnitude Of the treasures
hidden in our mountains, which with
ripened judgment and the application
OF modern methods are brought to the
surface at greatly reduced cost of Ia
Dor and expenditure. The yield of our
mines is keeping pace with the in
creased yield of our fields and farms.
whereby a ready and equitably adjusted
market for the farmer is assured.
Production of Fruits.
We are producing fruits in such va
rieties and abundance as not only to
supply our home demand but enabling
US 10 ship our surplus to market ever
ready to consume and pay well for it.
Our manufacturing interests. es-
specially in canning, are advancing at 4
a rapid rate, and our products, owing to !
superiority, are readily absorbed byf
other markets at enhanced prices. ADJ
ditional railroad facilities and enlightf
ened railroad MANAGEMENT cooperate
to distribute our surplus in many di5
rections, and new avenues and new
markets are constantly developed, so
that at every succeeding new harvest
little of the old remains.
I'm so staple an article as sugar VI
have not only succeeded in supplyi4lg
ourselves, but large part of it yv ha
this year find a ready market on ths
Missouri river, so that if we are Dct
true to ourselves and refrain Arom
senseless oyer-specuIation I csanhot
discern a speck on the horizon fehreat-
ening continuous prosperity.
Made Balance Favor Us.
At would like to see Statistics upon
the subject. but without it thE evidence
to me is overwhelming, from tine apund-
ance of the circulation of money IN All
channels, that we produce asly more
than is consumed here, a ia tnaI we
receive much more money fnan we eX-
pend, our banks, in the redu2 ioancy ana
volume of their cash assets showing
this to be true, and in the fanomaiiy IN
hnance that a borrower for ieSaIlinate
business purposes can potain FUNDS
cheaper at home than ABROAD as VII
ness the daily quotations OF commercial
paper in the financial reports OF our
eastern centers.
I'VE are now entering, through bene-
ficent legislation, upo9 an era or unex-
ampled prosperity anu oevelopments II
that The ' irri estios,9 law in the course
of tbirtr vaary will diffuse in
our ara c6untry $1,000 600, 900
among ms Thsn think and reflect how
much we are oenehted by tha expendi-
ture caused b;,a sne ouli9lng OF some
tbarefora Easy to perceive that the
S-rs5,1sI~ go snditure of the vest sum
Ghicls 7 have nAentioned. in the course
of 6nijdine dan1k, bitches and reser-
vofrs in the arid belt of which we form
Fart, will no mattai nov d PANIC may
effectuaI barrier To absolute stagnation
of bnsihess in our MIDST or at least
greatly mitigate it. Tkais is a new fac
tor not too highly to bF estimated the
diversity Of the mine az lnS HelQ: the
increased activity in raNiroao puilolhs;
paralleliHg irrigation Developments ana
governmental aid in the rsclafnation OF
the desert, making it always a saIety
valve; so that no matter nov other
parts Of our common cSuHtIy AudS
through reckless speculati4H or crop
failures be affected, we at lso a IN our
peaceful valleys and naou41 I ANS can
with confidence look into theA future, II
| having been my experience a person.
J al observation that when Ell source
failed another Immediately kooh It's
place, and that never made naistake
| in my long business career NWheh
weakened in my faith as to ne re-
! sources of the intermountains mo us
| elasticity"
Colonel Edwin F. Holmes had tie fol-
lowing to say on "The City Water sup
ply:
| About the water question it has {1oeen
said: "Oh, this matter comes, up and
year or two. lasts for a few wee ri, ~ y
is then dropped, and il will be sou ~
i This is not true in the present case. The
matter is up to stay until it is complete
4 " solved There are many people here
who perfectly understand the situation,
fund is provided TO do the wGrk? A
plan based upon the income from the
! water department revenues is sufficient
! to accomplish the desired result. The
/ water is 10 be had, and we must have it.
J We are to decide now that we will have
/ it. 1t is not a matter of a few thousand
/ dollars, but of at least $780, CO.
! My plan to finance this scheme would
| be to create by act of the state legis-
! lature d water board for this city or
/ any city in this state, having a popula-
| ton of 5000 people. This board should
I be non-partiSan, composed of your best
| citizens, appointed by your governor,
1 employ a clerical force engineering skin
] and all necessary means for carrying on
7 the york. The act would turn over TO
! this board the net income derived from
! the sale of water. and without increasing
I the rates from that now paid the whole
I matter would be financed and the addi-
tional water bonds, as well as those now
/ outstanding, can all be paid OFF within
/ less than twenty-five years, leaving to
] the city then completed system entirely
paid for, and net income OF not less
/ than $125.000 per year. Then other large
work can be undertaken, if necessary, or
/ the water rate be reduced One-half from
/ what it is now. All this can be done
J without a tax of a single dollar other
/ than the temporary use of this water
/ this fund to pay off your entire municipal
debt within fifty years and leave 900
] in the treasury
4 What plans should be adopted for the
| expenditure of this money I may not at
| this time speak. and would not say what
the executive committee OF the CONNER
( cial club would recommend. but surely
| there is no use IN recommending any plan
, that we cannot finance. / will say, how
| ever. that the future city OF 10000 VIII
require at times far more water than now
flows from all the canyon streamS-Cfty
/ Creek. Pariey's, Emigration and the Cot
! tOnwOOds. If you could control the whole
| of st. therefore, the most must be made
of all those sources Storage reservoirs.
/ artesian wells, Titan lake-aH these eX-
I pedients must be made use of.
| Here is the situation in a nutshell:
great watershed with an abundance of
/ water running TO waste at certain times
of the year, and a shortage at other
/ times. Utah lake is the only great RISER
voir site in this great valley. which. with
/ its $4,000 acres of surface, must be util-
( lied to store the flood waters of not only
its own natural watershed but the Cot
I tOnWoods, possibly Parley's and certain
| Is the Strawberry, using the same in ex-
| change for Big and Little Cottonwood
that il most suitable to take into the city
! water supply and the key to this posi-
~.