The Birmingham age-herald., 1916-05-26
COLORADO CHAFES UNDER RESTRAINTS
 OF CONSERVATION
Sheedy Reports Conditions in State Much Better Than
 a Year Ago
NEUTRAL NATIONS
 ALL REGISTERING
Some Observers Think Will Prove of Enormous Benefit to Germany in Future Years-Colorado
 Coal Banned

Coal Banned
 By HOLLAND
 New York, May 25.-(Special)-Denn Sheedy, who is esteemed in the far west as one of the leaders in the considerable group of those who are spoken of as cap- tains of industry, has after a sojourn in New York of some three weeks returned to his home in Denver. AS Mr. Sheedy is prominently identified with smelting and refining interests and is one of the lead ing authorities in the sme,ting of silver and also of copper, it is natural that he should have spent a considerable part of the business hours while on his visit to New York in the office of John D. Ryan.
 Of course, the particular business, if there were any, which brought him to New York at this time is something of which MT. Sheedy made no comments in some of his informal conversations with old friends and with those who have in- vested considerably in Colorado enter prises As vice president of the lead ing bank in Chicago. MT. Sheedy has gained and maintained many influential friendships among the ban.ers of New York.
 There are still traditions that tell of Mir Sheedy's inventions-self taught as he was which greatly facilitated the smelting interests in Colorado and when 1t is re- ported that he is the founder and direct ing force of one of the largest mercantile 1, Denver and whose plant covers some IA acres-some of the business men of New York speak in astonishment of a venture of that kind
 MT. Sheedy brought some encouraging news to New York respecting commer- cial and industrial conditions in Colorado. He spoke with some enthusiasm of the development of Colorado as wheat pro- ducing state, remembering the time when Colorado was not regarded as likely to be of especial importance in agriculture and certainly not so greatly to develop wheat growing as to give promise of ranking in this respect with some of the other noun tain states.
 BUSINESS IN COLORADO
  especially the northwest, there have come to New York reports of business and ag ricultural conditions which show that that section of the country IS to prosper in 1916 even more than it aid in 1915. MT. Sheedy measures his words and speaks with caution. Therefore he contented himself with saying that business condi- tions in Colorado are at least 20 per cent better than they were a year ago and that on the whole the state is prosperng.
 There is one situation in Colorado which caused MT. Sheedy to speak with regret, That is the governmental policy of con servation. It is stagnating to certain in dutries in Colorado and, in MT. Sheedy' view and that of others who are prom- nent forces in Colorado it represents the dog-in- -the-manger policy. That is espe- c.ally true of the coal mines. There are vast deposits of 0Oal which is of excellent quality in Colorado but it is not possible to secure any of it for industrial or any other purposes in that state. The govern ment's control is absolute and there seems no disposition in Congress to adopt a wise policy which, if there be suitable regula- ton, will make these vast stores of coal available.
 The business men of Colorado hope that Congress will be persuaded soon so to leg islate that natural resources in the IA states where the governmental policy of conservation is adopted can be wisely and safely exploited, for if this can be done progress in those states will be stimulated.
 OTHER COUNTRIES
 One of the best informed among those who are prominent in the financial dis trict said this morning that it seems to have been overlooked by the people of the United States that other neutral coun- tries than this are now experiencing great commercial and industrial activity. They are also gaining financial strength which, relatively speaking, is as promi- nent as is the like condition in the United States.
 The people of the Scandinavian penin- su'a are prospering as never before. Their industries are very active, their agricul- ture is pushed to the capacity of the land, and although the blockade of Germany by Great Britain deprives Norway and Swe- den of what otherwise would be very large market, nevertheless these countries find good markets in Russia and else where.
 This condition is also reported to be true of Holland. There also come reports which tell of a wonderful moral awaken ing not only among the allies who are opposing Germany and Austria, but also among the neutra,s There seems to be an awakened spirit all over Europe and latent qualities of energy and activity have been stimulated.
 Reports have also reached the financial district that some who are leaders in the financial world of Germany are now con- vinced that from one point of view the war will be of vast benefit to Germany The necessities and emergencies occa- stoned by the war and by the blockade of Germany are teaching the people how thoroughly to utilize all the natural re- sources, and, having mastered this prob lem. these business leaders believe that Germany will as soon as the European war is ended be in excellent shape to take up again the struggle for world trade. It is observed that in the financial dis trict the impression is general that the war will be continued at least until mid summer of 1917.
 MOTION INSTALLED
 AS TT1SK HEAD