Weekly journal-miner., 1909-09-01
EASTERN OUTLOOK EXCEL
 LENT SAYS JUDGE WELLS
CFrom Sundays DaIly)

I tablished in the east, and I believe
 that inside of one year every section
 of Arizona that has anything of merit
 ready and generous market, and in
 addition to this belief I am also of
 the opinion that the settlement of the
 tariff is the industrial handspring of
 the return of the former times, and
 that all past records of prosperity will
 be outclassed. Now wait and see."
 This was che brief but emphatic
 statement made by Judge E. W. Wells
 yesterday to group of friends, who
 were welcoming him on his return to
 the city after several weeks of an
 absence in Chicago.
 Discussing the situation as he views it, this well known and observing
 Arizonan further said that it was
 pleasing to him to see the change
 that has occurred in commercial and
 financial centers, and the contrast
 that is noticeable in the short space
 of two years. He recalled his former
 visit, and while reverting to the up-
 settled and apathetic conditions in ev- cry avenue of trade and commerce he said a sudden and pronounced re- I N-IVaI lC arnrxyt2ybara fn ar-,1aAaa
 is the belief of those eonversant with financial affairs on a broad scale that the country is now entering a pros porous era that will continue for many years to come.
 Judge Wells, in speaking of local matters, says he was delighted to learn that Arizona has come into promi- nence in a short time as a desirable and inviting field for the investment of capital. Wherever he went it was pleasing to him to learn that the ter ritOry was on everybody's lips, and accordingly many investors were de- sirous to learn of its resources.
 The reclamation of the lands by the government method of water stor- age was a paramount one, and valley land opportunities were asked about. Linked to this was the possibilities of mining in the mountains, and it IS the belief of Judge Wells that in this latter respect the coming year will see a line of heavy investors that has not been evident for many years in the past. Mining investors were very numerous, he says, and the reputa- ton of the territory in gold and cop per production that is now firmly es- tablished at the top of the column, called for a decidedly lively and in teresting discussion on the subject.
 The tariff question is the back bone of the pleasant situation that is prevailing among the manufacturers and the financiers, and being out of | the way these elements are preparing l to go ahead on a basis of broadening | Out, anu III WHICH the west VIII HlOSI | assuredly receive the benefit of the flow of immense sums in one ave nue or another. The resources of | the western lands are considered | splendid possibilities, and there is no doubt but what the future will wit ness a reaction that will crystalize immense sums around its many in dustries. Judge Wells states that in dependent of political questions the tariff of the last congress is whole somely received and periodically re- garded, and the bona fide element of the nation, the men who manufacture and keep the millions of laborers at work, are the ones that are the best pleased. The reciprocity features are welcomed and in a short time the beneficence of this movement will be all the more appreciated when the results are comprehended.
 In nutshell, Judge Wells says that if a condition was to continue like has been prevailing for over two years by the manufacturer holding on to his resources in capital, in or der to protect his business when the crash came, there would not today be in evidence the spirit that is mani Tested by them to seek outside in terests for investment, thus expend- ing large sums that otherwise would be tied up and utilized for a specific purpose instead of for general invest ment in the country at large.
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