Arizona republican., 1914-12-03
The Prosperity Club

A correspondent of The Republican, a business man of extensive experience enrols himself as a member of The Prosperity Club" and predicts that 1915 will be banner year in Arizona. More and more of us every day thinking that and the more of us who think the quicker the banner year will begin President Wilson last came in for good deal of chaffing and some poti- cal criticism because he told group of newspaper correspondents at the regular Thursday afternoon White House that the depression under which the country seemed to be laboring was psychological
 The president was only partly right. There were then many visible causes for depression and not the least of them new tariff law which threatened readjustment of prices and curtan- ment of markets. There nothing psychological about that. Business always comes to a standstilI before period of readiustment, and when business negleets to do so, it is apt to go the rocks
 The European then came along and neutral zed the effect of the tariff but proceeded to drain this country of money, and business was forced to stand still longer. The effect was contrary to that usually produced by war upon a neutral country There was immediate market for the things the belligerents needed.
 But within the last month conditions have changed and improved The effect the tariff leg isation is still neutralized and will be SO long as
 
 the war lasts and for long a time afterward as may be required enable the now warning coun- tries to resume production.
 But the money which went out in the early days of the war is flowing back and bringing other money with it. There will be year an unprecedented demand for all the things produce A call will be made upon the farmers, the stockmen and all our manufacturers There will be such year has not been witnessed in this country in a long tIme There will be such opportunities to earn money as labor has not Tn many years experienced
 We in this state have taken rather gloomy view of the copper situation in which Arizona is always so much concerned. Some mining have predicted paralysis of the copper industry because of the declaration by the British government of copper absolute contraband. That, they feared was the last straw added the depression forced upon the industry by the closing of the German and Austrian markets.
 Two weeks ago Dr L. D. Ricketts. probably the highest authority in the country, stated that an en- trely too gloomy view was being taken There would be no paralysis. The British declaration was not fatal There would be demand for copper Since then have witnessed an increased demand for copper and higher price both the metal and copper shares.
 All these signs point to 1915 as "a banner year, but, have said, the more we think so and talk about it, the earlier the year will begin Here is where the psychological feature comes in When actual and concrete for depression beyond control existed, thinking and talking could not remove them. You cannot make silk purse out of sows ear" Also you cannot make a silk purse out of silk unless you go about it. The silk is here and the way Get into "The Prosperity Club" and begin converting the raw material into silk purses