Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1910-04-09

mere would be no loss sustained 5,
me present banks on account of po,
eminent competition. The Investment
or the deposits could easily be at..angs5
IN such manner that a large propor-
.'oh "ouIu nave TO be used IN local
UNns lur the Improvement Of real
estate, and under the management -
the local boards OF trustees me intor
est rate would naturally adapt useIf
20 the local conditions II the consti
tutlohalty Is satisfactorily established
the government guarantee might he
USED under such a plan. II wound
naldly seem necessary. however. when
the success OF the banks that are now
operating without Il Is considered 10
II Is used IL should be IN The form, ~
insurance, each bank being taxed a
small percentage annually and the ac-
sumulatlon held as a guarantee fund
by the Harold Stone I'm
The North American Review.
Texas Bearing I'm mind that Il was
\ Grand only sixty-hve years ago
State. that Texas was admitted to
the Union, this rs an as
tonishing record On empire building.
For Texas Is certainly an empire
None OF the monarchies Of Europe.
with the exception Of Russia. can show
larger area than hers she pos
sesses $1,000 square miles more OF
territory than the Kalser's realm.
From this Il will be seen that. great
as have been her achievements Of
the last few decades. they are after
all incOnsiderable I'm comparison with
what the future has I'm store for her
Here great diversity Of soil. the null
Hilarious character Of her natural re-
sources, her geographical position.
and the high type OF immigration
which has swelled her population. an
point 20 the day when In numbers
and wealth and every adjunct OF em-
Diro. save those OF making treaties
and levyng war. she viii be on q par
with the old world cmpires.-Natioua
Magazine for April.
Water The traffic OF the country
WAYS needs. whenever normal
Needed. conditions prevail, an the
assistance that waterways
can give. Their services are imme-
diately important IN two why's FIRST. 70
afford a larger number OF distributing
points, 20 that the plling up Of freight
in terminals may be relieved. second.
20 transport the bulkier and cheaper
commodities, that can as well take a
slower and cheaper route, over the
main trunk lines OF transportation In
the country, thus tightening the burden
that must. with industrial develop
ment, become too heavy for the rail-
roads to bear unaided. How severe this
pressure is may best be seen by look
ing quantltatlvely at the producing
power ~ the middle west: rich. busy
and so situated that both what II sells
and what IL buys must be carried over
long distances, The twelve states OF
Ohio Indiana, Illinois. Michigan, Wis
consin. Minnesota. North Dakota, South
Dakota, Iowa, Kansas, Nebraska and
Missouri contain more than half the
farm property value Of the United
States. They have about one fourth OF
the total area OF the country and one
third OF It's population. In agriculture
they are as important as all the rest OF
the country combined In 1905 these
twelve states raised i56, 1921 900 bushels
Of wheat, or SO per cent. Of the total
Yield, i.G44 $40 900 bushels OF corn, or
SIS per cent OF the entire crop. COS, 237,
600 bushels Of oats. or 75.5 per cent Of