The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1910-10-30
P||BL|C At LARGE
low CONSIDERED
|hsnge of Base Is Found in
advertisement of Great
Railroad.
gOTTO OF COMPANY
FOR THE PUBLIC SERVICE
lads of Great Corporations
Have Modified Their Views
About People.
By PRESTON O. ADAMS.

By PRESTON o. ADAMS.
Il Leased Wire TO The Tribune.
NEW YORK, Oct, 29.-I called atten-
"a recently to tho changed attitude oi
- nj the head Of great affairs toward
"a lights OF the public to a view OF
a management OF businesses which in
1>|r nature are semi-public. An in
1ucs of this change of base is found
Il The advertisement OF great railway
Item appearing in the New York pa
|<ys. AS the motto OF the company. ap-
|sreutly, appear these words In quota
|5n marks: For the public service"
has not been very many years since
|c head Of this same company gave ut
<rnnce TO the historic proposition, 'The
ublic be damned" Somewhat different
|lifude these days.
British Bankers Back Down.
Tho British bankers appear 10 have
.cked down on The cotton bill of lading
IIestion. The date when these bills will
a be accepted unless guaranteed by an
|nerican bank, has now been set for
ara 10 December 81. BY that time the
<eak bulk OF this years cotton crop
nd have been marketed. II the British
o|nners are pretty well stocked up by
|aE time. the bankers may stand out
|r the guarantee. II not, II would be
|1kx to prophesy another postponement.
n matter OF fact. the British bankers
|cnt up in the air on this question and
'ok an unsteady position. Men in busi-
rs mnst take the risks with the profits,
ID this they did not want TO do. Then
E had the cotton and they had TO have
which hardly placed them in the posi-
tn OF dlctators. One exasperated for
81 exchange banker. on being told that
q blll OF lading dispute was not yet
ny aettled. exclaimed Let the foreign
d come over and swim home with the
Hon strapped TO their backs"
BuSineSs Conservatively Good.
Doe OF the largest mercantile banks
New York finds that business is, TO
p INC phrase OF high officer "con-
|tFetiyely good No great activity is
'ted from day TO day. and certainly
new records are being achieved, yet
non accounts are made up at the end
ne month it is usually found that
turnover has been fairly satisfactory
volume. There are widespread COM
1nfe, however, that profits have to
kept down TO narrow margin in
Ur' TO secure business, The strongest
'mB arc not encountering difficulty in
curing accommodation; the usual dis
9nt fa,e for a prime six months bill
% per cent, with occasional transac-
11s at "a per cent. Merchants OF
enqer resources do not fare SO well:
en AZ per cent they cannot always
eyah upon either bill brokers or local
asnes LET 70 grant accommodation, al
o9eh moro Is a fair demand for this
~ OF paper from out OF town. The
position is to look for a more or loss
'1,9svsnsed period OF quietness until the
ad9cal 'aae sky becomes loss clouded and
n 80 'He supreme court decides the trust
'sss that are TO be taken up on Jan
kfy .. An institution or an jndjvid,,aI
wing S1,o00.000 available for uso is not
1pvSed, remarked this banker, "to 90
-oSo until tho Sherman law has been
5eigntened out" This tends 40 restrict
keprise. ~ ie''iiol
~ Autos Necessity.
lne vice president of an industrial
.Nporatlon y located in st. Louis and hav.
= representatives all over the limited
- im course OF conversation recent
.,oa osiu thls company had taken special
uNS ~ some Time ago TO ascertain the
s,, ,ooncerhing the purchase and use
y yTbjoites Tbjs i IN All parts Of the coun-
n, iS investigation was prompted
'orn,i ,nn aiegations that all sorts Of ire
ns,pie = s,1e, Persons were buying machines
y = Tnlch they could not pay. But The
ss s'unous verdict OF this company's
ss 'ss. wds that In the great majority of
y oco o,,e cars purchased were utilized
. economic purposes more than for
~, pleasure. Country doctors found
= iess expensive than horses, farm
ussd them freely for hurrying sIIu
M, 70 tne market, and so forth. II re-
c he added, that there was at one
Sa, great outcry about the millions
N yna,s dn n, extravagantly spent on pianos,
1sinns Notwithstanding that the piano
usnIs. has increased enormously?
,,esg, ,,eg more use can be derived In the
riss eeohorhlc sense from motor yc-
y, s'es than from pianos. By and by this
100 "a W view VIII prevail and you will
Ires Sor noise about wastefnl expondi-
!. Money to Move Crops.
'ssal 'sl T. Smith, treasurer of the United
& Ia mexican Trust company. one CT
'r,o ieaolng intcrna tlonal trust COM
ens. .nles. with offices in Kansas tyi Civ, Mo Nj"
m eo Ii,y. Mexico; London. Amster-
,,'a ana Holland. and himself an un-
.der, DEL weil posted and keen observer cf
nnha,iime hime conditions. expresses himself
1ovc ona mat the coming year VIII
Ism std, VI unusual prosperity "Pess.-
,prrss,a remains at the tag end OF The
.nr ns.",oh m we have Witnessed during tho
rra., sS,o Mr.. Smith. "and IL does us
a. 20 ot good. TOO. when we have
1nndi1, aueh conditions. curbing cur
,nefin1o 'H,nuslaSm, which carries US
be- b,s rcSond the lines # prudence.
Hen Nv u.ocS' as short as tilcy have
olse f., ~ us To put our business
. "a =" order. Now that 1t is I'm crdor.
,rvsn, .aHe tuli advantage CT our great
)fIrnst, whicn wifi fully reach ]. j Ji,Ts
ren, W. ni $4,000 Geo 600. This nov ana
rosnrr,,,, ~ rs 80 Powerful n lcaven fer
euf al, ,,,nat In the end 1t will circ,Irn-
ncas tie superficial adverse InfIu-
nHic 1un n,oh, as political agitation and
|bved sr',peIns The cr5us must he
ealtll AZ a, rom their moving the new
rnra 'lstrlbUscd will rnIiotn =.
1n,rn sonic 10 tho rcr1otcs, artcrIce 81
fnes .s and we may lcok for bette
~" az the result" ''' 'N''''
'rn. Connor Betires.
le s,an,i s,asnu,houn"emeri >! tho trer-for ~
'ashinc,o,, ,E#chanNe mcnnershiy. OF
,fatnS' On T., f1rprr To II - roon,bs
Mr. r. ~ mean the Practical rn,ir.-,an1
81 oocr.'t.pr as . factor I'm stock mar
h Octoban n,ner N he stock exchange
rDker ~ f., M. was prominent as Tic
rlds.. oi the late T1v G-,IJ ,f,,,r r7,nI,,
Il ~. Mr.. Connor wes connn,tdd ,,,;,n
mi speculative 5eals thof NJ, r.",,r1
|sck vi number OF wears Inc,,,J;,,r
|dc nNrket operations I'm Mjsscnr, 20
Fabo ,t>r1s Pacific. Wcstern i-,Ior a,,a
lent fro,,S S,llowine Mr.. Gculd'g retirc
bnc a.pecula,ion, NV Conner h.
ol,nt market operations ror, his avn ..,.
srs &, ,,,hy Gould made his hcad ,uar-
Ia " "'ir LpnuOr'S offfcr ro,- y.,rg