Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1909-11-20
animate Investments How
ever. Are Having No Trou-
bic With Loans.
SEASON ANO TRADE TOGETHER
81, ,ioos in Healthy Tone. Though the
p,c.uollday Restraint Is Felt
quito Noticcably.

tar Kamds ~ nec"iiii"h N"''N
- center. and stockmen with own
~ other industries In that vicinity
eo,cude the time mas come TO make
!, banking center also
Tho week closes with a good fiuan-
.,.i outlook. There is still quite n
sssssure for money; yet there Is
's.,aaut for all legitimate business.
80 banking men consider the pres
~, situation as favorable as az any
trsyious time
THE CLEWS LETTER.
Harry Clews in mis- last financial
circular says: a.,-,s
- a. az 600 miles throughout the
'o1ntrv. traversing the populOus dis
80 ~ ali sections. lie has tnus
co,ne In close touch with pohtical
continent. and has evidently round
~ so.called Roosevelt policies pop
MAJ Having been elected on promises
a. carry out these policies II IS 10 oe
tied that he will more or less Ia
e. LEGISLATION unacceptable to corpor-
',ions and that agitation on these lines
,r1i no renewed when Congress opens,
~ me dlslnterested observer this Is
-, altogether surprising. A strong
bo.tne nublic opinion has unfortunate
~ bsen created against our large cor
rorstions chiefly because Of abuses m
ridental 10 their recent rapid grown. IL
Viii h. rouceded that these corpora
lions POSSESS enormous power and that
nv means of further combination theS
might be able to exercise an influence
tbst would by corruption or other
,,ssns threaten the supremacy Of the
government itself The placing OF such
Ssst interests I'm the hands or rev
men who absolutely control the des-
,lnies of hundreds Of thousands II not
millions Of our population, cannot rea-
sonsbly be- expected TO be permanent.
me people will rule. They will insist
upon the open field and a fair chance.
THAT Is the foundation OF our govern
ment and no power that Is able 90
seriously interfere with that object viii
h. tolerated. The threatened control OF
our Industries and our railroads by
snail groups Of men, organized for
purely selfish purposes and having lit
liz or no regard for public welfare. has
awakened a deep seated feeling Of un-
easnesa among the masses and Is really
the chief incentive for most Of the So
canstlc propaganda which is spread
broadcast today. Mr. Hartman was
nan Of vast ability and undoubtedly
achieved great results. but the system
Of excessive Capitalization in Industry
fa which he pre-eminently stood
Is IN violent conflict with all the prin-
dples OF this government, which aims
a equality Of opportunity To all.
Roosevelts tremendous poi ularity In
tbs country was based upon his clear
recognition Of the fact that public well
fare was being frustrated by our great
railroad and Industrial combinations.
BIS methods Of cure may not always
have been the wisest, but his purpose
gas sound and his policy will prove
winning one, although In the rough
and tumble Of battle more or less in
furious agitation and legislation may
have 70 be endured. President Taft
las evidently sufficient political sagac-
iiy 70 recognize these conditions, and
Is quite likely that he will vigorous
j carry ont the Roosevelt reforms
Should he not do so, there is little
Doubt whatever that Mr.. Roosevelt
himself will be recalled to perform
ho task. Therefore our captains of
Industry and railroad magnates may
O. we'll choose az 20 whether they
would prefer 90 have Congress devise
scheme OF wholesome regulation OF
corporations under Mr. Taft's mOder-
tle and kindly hand. or whether they
would rather take the chances OF deal
ING with Mr. Roosevelt, who would
Undoubtedly be less gentle and more
laQical The choice Is with them now:
itier on IL viii be with the people II
lhey do not act
HARDWARE TRADE.
the hardware men report a continue
ton Of the good. steady business that
mas characterized this trade in weeks
last The special feature continues
10 be The stove and heater business
which Is an that could be desired The
meet metal branch is also an encour-
asng feature, there being a great de-
Aand for IL, 80 that the manufacturers
it unable 10 supply the demand fast
uolgh Collections have improved
lyleeably. 20 that the trade expects
" short time that a record I'm this
lls VIII be made. Another thing that
,eafs tho hardware heart Is the con-
talers
ine mining machinery trade Is stll
-.L 1nough by spring there h expecta-
Nln or us doing something. The de-
H1n1 Tor guns ana sporting material
y SUI on, though the trade has been
sssu supplied with an that Il calls
LUMBER
lhe lumber trade has little or moth
's 20 report the current week except
1nunned shortage Ia cars. which
factory
Wholesale DRY GOODS.
fl. .ue Wholesale dry goods trade reports
,te. pilees of cottons as still moving
lils upwards, with 40 Indications
~ when there viii be- "a halt As a
gu'nent local iohber said today. h
Aa a' though prices would continue
~ ih c1itons until point Is reached
tht consumer will refuse 90 buy
tu'el Several Of the eastern mills
round themselves short of raw
'il',llel ln haste 40 ON an orders re-
,n locally am prints are 10 adj
rs Nah cent ON the gath inst.
49,. na, stimulated buying to "A lively
,r n'lnf' the date of advance, aft
N tNyN mere win bc a sudden slump
~, nai hel along this line Jubbers
$50 moderate selling In heavy brown
fr,5,, WIN prices at extrome limits.
tsre., ln duck has been moderate. In
airo. 'D mapped goods continues stll
drn.os'telh prospects ~ some trade
tre HI '+et,lion II high cotton quotations
4. continue rOlOred fabiics. stch
aenlms tcklngs and che,,iots
hrm but moi artive
rad, pi"giets boa ginghams has bcen
t' ule current wear. MANY y...t.,.,,
Ne /. slhr io buy in b,ilk frs,n, ~.
nbo,, 1913 market, with prospect that
farei. 'pllns oomcs there will he no
rrs on the market. Knlt roods
IN. aNNfri With limited supuli.s Ia