Arizona republican., 1915-01-03
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Arzonas great mining opportunities, Which, he said, are being delayed in realization by high prices or develop ment and the utter uselessness of permitting ArIzona to spend millions for foodstuffs outside such a fertile state. Truck farming is necessary thing. if Arizona opportunities are to be cashed in. T would suggest as q motto, Arizona Markets for Arizona Produce" he concluded
 Hon. Frank M. Murphy was not on the printed list, but he came within the sight of the toastmaster, so he was called upor for a few remarks. T am glad to absorb some of the helpful spirit you are showing to- night ne said. and I am glad to see your. parades and hear you shout But there is much to be done beside talk about prosperity. Go out and get it! And think of other parts of the state-how they will help you and how you can help them. There is a whole lot of Arizona beside the Salt River valley. but this valley is the best valley in the world!' Mir Murphy also touched feelingly upon the capital frightening legislation. lie pleaded for action in making Arizona safe for the financial aid that is so 1 necessary for her development. Purdy Bullard spoke on Prosperity 1 on Wheels After having begged the pardon of the mayor, he averrcd that l of D,nanixse a only thing on wheels, that could have made any progress of late, was Pros perity. Suddenly becoming serious, he said:
 . And for the wheels of commerce and trade and education, there is no l lubricant except capital His ar raisnment of the law he called eighty 1 ger cent. foolish and twenty per cent. l lacking in sense, brought forth tre- l mendous ovation.
 i J. c. Adams was to talk on Why l Not ProsDerity2' He told about i 'Prosperity-Why Not?'
 If there is any reason for no
 prosperity, it is in the strange laws 1 Arizona has passed. When l first 1 came to this state, twenty years ago. 1 l was told it was unsafe to ask a man his name, where he came from. or why. They said you were liable to get shot. Now. if an employer asks
 a man that, he is jailed
 1 Mayor Young closed the speaking with fine comparison between the
 Phoenix of mythology and the Phoe- nix of Arizona He predicted for this city an immortal prosperity, as ] glorious as that Phoenix which rises 1 from the self kindled pyre of the aged bird of olden-tim Egypt
 At the close of the speaking. thf crowd sang through the official songs once more. and, with expressions oi great approval of the work of Homel
 King and his committee, took it's de iparture.
 Following are some of the com munications:
 Mir. Callaehan's Address
 The character of the subject as signed me requires that. in it's true ipresenta ation, a note of pesslmlsn may dominate it, but I hasten t' IGisavow to this gathering of optl Imists any inclination toward pessi' ;mism merely desire to cali at Iteniion briefly to what l regard a' lserious errors in our system O finance to the end that our legisla-
 Lure. now about tO convene. may b' lprevailed upon to take the steps nee . essary to correct same, and that tn' laid of all present here tonight may
 be invoked to aid in that corrective
 movement
 Webster furnishes several defini tions of the term ''finance,' but fo the purpose of my subject. one onl.
 of these will suffice, which is, "Th
 science and practice of raising an' expending public revenue" The tern
 Friendly" for the purpose Of m. subject will be considered as synony tmous with the word 'amicable
 Therefore, my subject, in the phas lin which T shall present it. may b said to embrace the science ant practice. amicably. of raising and eX
 pending public revenue"
 Now. if there be an amicable o friendly means of raising public re Ivenue. it may he assumed there 1
 also an unfriendly method.
 Revenue is derived from taxation and taxation may be said to be ami
 cable or otherwise insofar as it l
 moderate or extortive. In Arizona the major portion of industry is Il the hands of corporations. and an ,system of taxation which adversel 3 affects corporations may, therefore
 be assumed to he detrimental to tn ) industries of the state.
 . 1 Tn the early history of Arizona when it began to be indicated tha = its mountainous domain was rich l precious mineral, it was deemed wis 3 (and experience proved the virtue q
 that wisdom) to enact laws whlc l should encourage the investment Q ? capital in the development of mines and in the erection of mills an