Weekly journal-miner., 1915-12-08
r. M. MURPHY TELLS
 BANKERS PLAIN TRUTHS
Must Take Part in Politics and Help Remedy Conditions Instead Of
 Decrying Them.

municipal governments that will deal justly with all, and make prosperity throughout the country possible, re gardless of the political party with which sympathies may lie. l observe, by referring to your last presidents address, made a year ago, that he re, ferred to the severe blow the great copper interests of this, the greatest copper producing State in the United States, I might say greatest copper producing section in the world, had received as a result of the starting oi the greatest war the world has ever known, and he was justified in what he said. You are doubtless aware, however, that the copper industry witnstood the shock, and today is prospering to a greater extent than ever, but is confronted just now by a threatening situation far worse than resulted from the beginning of the European war, encouraged, and it seems by our governor, who is charg- ed as aiding and abetting the agita- tors, who are largely influencing the working men against their own in tercsts and the welfare of the State, as, in time, will be fully realized. Can the country submit to such reckless ness. and expect to prosper? l say, No" Arizona does not stand alone in troubles of this kind. Our good neighbor, California, is suffering with us, and the whole United States is highly charged with the same destruc- tive germs. I observed from remarks Mr. Gompers is reported to have made recently, while addressing the American Federation of Labor, in San Francisco, supported, as it would appear, by Governor Johnson, that he, Gompers, favors political activity on the part of labor organizations, fo- the purpose of assuring the enact ment of laws calculated to strengthen I the grip the Federation of Labor now holds on the business affairs of the country generally. He would like to make the laws of the land, and en- force them; establish rules and regu' lations whereby the Federation of La Dor, could control and run the busi- ness of the country without cent il- vested. Why would it mot be better, and nearer right, to encourage mem bers of the federation to save the money they are continually wasting, in trying to disorganize business, with the consequent losses constantly i iii evidence, hitting every laborc- hard, who has any property to tax, and deposit the money thus saved, n fund to be invested in different kinds of business, retaining absolute con- trol of same, and by demonstration, give some substantial evidence i'll support of the theories MT. Gompers advocates? Invest something, g,-take chance. Buy some mines. Find the money to develop and operate them as they pleased, under such regula- tions as they saw fit to impose, Also buy farms, factories, railroads, and everything else. Gompers would have the federations run without cent in vested. It would not take them long, after making up few balance sheets, to find that there were many things to take into account i'll conducting . business, in addition to looking after the comfort and compensation due to employees. Comfort and satisfactory compensation for employees, is most essential, but quite impossible if con
 ditions are imposed whereby a busi- ness cannot be operated at reason able profit, giving fair returns for money invested.
 The spirit in evidence today. is not how something can be created but ''how can something be gotten from those who have been fortunate, de- servedly or otherwisc.!' The wits ot scheming politicians, and those trying to slip through life easily, by prcying upon those who have been successful, always with a big following, are ever active, and untiring. The field is q large and rich one, but it can be dc vastated, if the creative spirit be comes extinct, or so heavily burdcncd as to become imperative, leaving all to exist upon the stores that have been gathered. It is easy to see that the business of the country under such circumstances, would become raralyzed, with consequences fright ful to contemplate. It is upon the lawabiding, patriotic, honest, able, energetic citizens of our country, that tie business future of the United States depends, and you gentlemen have large part 10 play in seeing that merit wins, and tine demagogue finds his place. If the time ever ar rives, when those who have become