The Parker post., 1917-08-04
COPPER AND
PROSPERITY
COPPER IS GREATEST MEDIUM
FOR ANTICIPATING FUTURE
PROFITS THAT THE INVESTOR
CAN FIND.
CIV. M. LaZenby.)

1t must be an obvious fact, to the
man or woman who thinks, and who
keeps in close touch with the finan-
cial and industrial conditions of the
world, that today the United States
is standing on the threshold of an
era Of prosperity, the like of which
the most optimistic dreamer never
| thought possible. This true, despite
the international situation and the
| fact that while this is being written,
! thousands Of young men throughout
| the country are signify1ng their
| willingness to fight for the democ-
racy of the world, by registering at
| the present call.
| True, we are at war, and certainly
we shall enter into this great strug
gle for the peace and freedom of the
peoples of the world, with the same
spirit in which Americans have al
ways entered into anything, be it
| love, war or business with the spirit
| that can mean but one ultimtae re-
sult-success. Every loyal Ameri-
can knows in his heart today that
the entrance of this country into the
European conflict will bring it to a
| close more quickly, and more quick
| ly redirect into their natural course
of construction, the powerful ener-
gies that are now centered on a
course Of destruction.
While we are at war, we are at
the same time virtually bankers for
the world. We are even more than
that--we are practically acting as a
huge commissary and supply station
| for the world, or at least a greater
| from our boundless natural resOurc-
es, our farms, our mines, our mills,
must come great portion Of the raw
materials and the manufactured pro-
ducts which must feed clothe and
equip, not only the warning armies
of the allied countries, but to a great
extent their civilian population as
we'll
Business, at any and all times, is
based on the simple facts of supply
and demand With the demand, even
now, much greater than we can sup
ply, in relation to practically every
industry of the country, can it mean
anything but great prosperity, even
with war on our shoulders? The
United States today occupies a posi-
tion unparalleled in the history, in
connection with the enormous de-
mand for our products, and a mo-
ment's thought will show you that it
will be even greater, when the world
is again at peace and the inevitable
period of reconstruction begins.
Billions of dollars must pour into
this country, after the war, from
practically every world power, for
materials and supplies with which to
rehabilitate the great wastes of
country that have been devastated
by the millions Of fighting men.
Thousands and thousands of homes
must be rebuilt-thOusands of enor-
mus buildings and institutions of
various kinds that have been destroy
ed, must be replaced. Whole cities
must be rebuilt great industries
that have been destroyed or disman-
tied must be reconstructed.
To meet the strenuous demand
that those days will certainly bring,
America must expand every business,
every resource, and even with ex-
pansion, the demands made upon us
then will in all probability be great
er than we can possibly supply. Not
through lack of resources, but
through the timidity of the invest
ing public during war times-be-
cause people with money hesitate to
put it into active use for the devel
Op1ng of our resources through fear,
presumably, of money stringency
while the war lasts. The truth of
the matter is that this war has open
ed unprecedented opportunity for
the intelligent investing of money,
because money properly placed now,
in undeveloped resources, must inev-
ftably reap rich returns, when those
resources are brought to stage of
production during the reconstruc-
tion days when demand will, judg-
ing from the present outlook far
exceed the supply
With the latter the war" demand
will inevitably come prices far in ex.
cess Of those now in effect, at least