Bisbee daily review., 1911-03-11
DODGE HAS FAITH IN FUTURE OF
 COUNTRY
Douelas International)

may now hope for. something better" was the answer of Mir. Cleyelapd H. l Dodge of New York. who was here yesterday to visit the Copper Queen
 smeIter in this .city. when asked as,
 to general industrial conditions m
 the country. Continuing, Mir Dodge
 said:
 One thing which think has per
 haps been more responsible for the complaint of hard times since the
 panic of 1907 was the rapid and ex-
 travagsnt gait at which all classes
 had been going for practically. ten
 years before that date. The business
 man, the professional man and the
 wage .eaTner joined in this extrava-
 gance. Thero we-o entirely too
 many rho turned from their iegiti-
 mate business ot, occupation to the
 stock board. whefe a great variety
 of securities. were bounding upward
 and whettins the desire for specula- ltion Etsf R2sat sa4l
 The business industry had been steadily expanding with increasing profits until the people forgot legiti-
 mate business Jaws or rules, and
 when the hseSS!!ss eSS!!ss-=~as =~as ii5dTsted by tine panic of 1907 the crash was a severe one and since then nearly all busi- ness has been paying the penalty for !: past extravigsnce by a, steady reces- ! sion of the high wave of prosperity. r. Since that time there has been close application to the study of economy. and this endeavor has iresched to all classes. The high cost of living has resulted also in a greater desire for more economical knowledge. The result of this dis position and condition must necessar- ! fly be a more, substantial basis for returning prosperity, now believed to be we'll on the way.
 The Trust Cases.
 It is unfortunate that the SUI preme court cases, involving several of the big corporations of the couu- try, and their business policies, have been delayed and decisions with held l think many important mat ters which would be beneficial to the country have been held up pend ing these decisions which, whatever they may be. will determine and def nitely fix the status of many of the great business enterprises of the country. If these decisions shall be reasonably tair, as is expected, l think they will have a decidedly good effect on the general indus trial conditions of the country. Of course. should these decisions reach the point of extermination of cor porations or the joining Of capital for the engagement in great enter prises requiring more money than one man or one corporation can raise, then the result would be harm ful; but no one anticipates anything 1 of the kind and I have no doubt but ! that these decisions will be followed | by a more substantial and certain basis for business in the future
 Copper Market.
 T see no cause for alarm on ac | count of the present price of cop per- or the condition of the market. Of course copper is low, compared | to the high price of 1906, when it reached above twenty cents, but the | lowering price has suggested strieter economy and the installation of more methods by the producer, hence one sees construction work re- quired for the installation of new methods going on at nearly every copper reduction works in the coun- try, as at Cananea and Douglas. Cheap copper has resulted in its liberal use for many purposes. which would not be possible if the price were twenty cents."
 Abandoned Mexico Iris.
 Mir. Dodge had intended to vis.t CanSnea and Nacozari on his trip to this section, but he finally decided ! that he would not go into Mexico on account of the many rumors re garding the presence Of insurrectos to the south of Douglas. Of course he had no fear of any molestation from anyone in Mexico. but he con sidered possible delay on account of with railroad traffic
 Visits Northern Arizona.
 Mir Dodge, during his present trip visited the Grand Canyon for the first time and viewed the famous nature wonder. A visitor to Arizona many times in the past Mir Dodge had never visiter Northern Arizona and coming down from the Grand Canyon took occasion to stop at Prescott, take a run to some min ing property in the vicinity which has been owned by the Phelps-Dodge company for many years; he also