The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1911-08-27
Manager Of Utah Savings
Trust Company Is Op-
timistic.
SAYS PEOPLE HAVE NO
CAUSE FOR COMPLAIN
Considers Conditions in Bo'
City and State Exceptional
ly Promising,

Former Governor Hebcr NJ. Wa
manager of the Utah Savings G. TrE
company, who keeps III close touch rv7
financial and industrial couditia
throughout the state, is exceeding
optimistic regarding the present 81
look, both in the city and country A
trlcts- In fact, he is emphatic in 4
statement that business conditional
the state could not we'll be better, n
cusslng the varied phases of the .;t1
tIon yesterday, he said.
80 far as Utah is concerned fho
Is not now and seldom has been q
gle unfavorable symptom Al OF n
financial woes we have yer axns|
enced seem to be born outs lie our r.
they have been thrust upon ma
conditions existing elsewhere-tS'
submerGe us and carry us along =;
them, but In reality are not related
our own internal economy. At the M
eht time, for instance. Utah should
IN m especially sound condition: +
mines never looked better than
present, perhaps not 80 much tonnn
gong to market as at times past. h
an immense ore development going
winch VIII accrue to our advantare
the future. Our crops this year 4
Digger than ever. Our live stock 2
sleek and fat and ready for market. 4,
the prices are excellent. Our fruit cr
Is more bountiful than any preyio
year, and there is not q discourari
sign on the local horizon.
State Is Prosperous.
"Spring lambs are bringing as o,o
a price. as last year-s450 apiece
lambs born in April-and there is
enormous crop for the market Sna
oeets are bigger in tonnage and ricS
than ever in saccharine. The aIfaI
crop in all of the counties exeenti
Salt Lake and possibly Davis. VII
the weeyil has made some inroads
bigger than normal: there. has been
bountlful harvest Of alfalfa seed frf
the second crop, especially in our r'
Ole counties, which will be aupmenf
by the third crop, Wheat, barley, "a
ana potatoes are up TO the Standard
the yield in both irrigated and a
Iarms being bigger than last wear. 2,
by reason of partial failures in otb
states, the prices locally on all tbe
crops are higher, and should and "
range much higher than average.
Many New Buildings.
In Salt Lake City many munich
improvements are under way and
contemplation. The new hiSh scho
which Is $500, 900 job-the foundaSi
1or winch is now being excavated;
north bench schoolhouse about To
let; :he capitol building, two mill
dollar proposition, seems TO be slow
getting started but is absolutely st1
as a reckoning and means employing
T0T SE1IIp6 la hpr So 49, IL L
TO come; the Auerbach departing
store, already under way; work on f'
NeWhouse hotel, according to inside
formation, to be resumed at once:
annex to the Hotel Utah seriously Ca
templated--all of these taken in co
nectlon with the private dwellings 81
apartment houses in process OF 90
struction mean payrolls. continul
employment for labor at good wan
and that spells general prosperity 4
the community.
$50, say, locally, we are in b
no Immediate evil portends on the D
tional horizon either. Congress IS
adjourned and nothing has been do
stock market is slumpy but there q
many causes which are not fund
mentally serious contributing to u
result. 1t seems a pity when Cd
dltlons surrounding us are so perfe
that from some outward cause, not
our own invention, there should cor
concern and uncertainty to us as to o|
future prospects. Left to ourselves q
prosperity would be certain and INN
diate.
Favors Conference
81 look for relief from the reee1
call of conference of trust magnat|
as l believe that in counsel there
wisdom and it is better for the admir-
stration to correct such evils as the
may be in the manipulation Of the q
fairs of big corporations in restraint
trade by having them readjust their q
fairs In harmony with the ruling
the supreme court than to continue
public warfare against them throuo
the courts, with all its attendant bar
ships to commerce. applaud tE
president veto on all ill-timed MAJ
ures disturbing to business condlelof
without the most thorough investt8<
tion; and until the report Of the tarl4
commission is presented, | believe "
tariff legislation should be held
allegiance. "a
"Summed up, 7 certainly look for
prosperous year in Utah and belley
there is nothing to molest or make
afraid other than that unexpected he'