Arizona republican., 1920-12-14
COUNTRY NOW |S ON
 UPWARD TREND SAYS
 GOVERNOR CAMPBELL

That leading financiers of the nation are of the opinion that the country has passed through it's hardest period and is o nthe upward trend was the word brought to Arizona by Gov. Thomas E. Campbell on his return from the gov- ernors' convention and Washington, where he spent several days in the in terests of legislation.
 The house guest of Governor Sproule, who is recognized as one of the big financiers of the east, Governor Camp bell was in conferences with his host when national and international ques- tions were discussed with leading off, ficials of the large banking institu- tions.
 We are going through a stressing period in financial life, but I am con fident from what learned on my trip east and at various conferences I at tended that the worst period is over and that business conditions will im- prove rather than grow worse. If all will keep their feet on the ground and have confidence in self and industries, with more sweat and less swearing and that thrift necessary to meet 6 Ichanged condition. I believe we will pull through in good shape" said the gov ernor.
 T note with interest and some con- Icern since my absence from the state a reduction in wages generally through lout the state, and while I appreciated lit must come sooner or later, am hope Iful for a corresponding reduction in the cost of living. I want to lay partic- ular stress on costs of rents in the cities of Phoenix and Tucson from which places have received a number of serious complaints of heartless prof liteering."
 Governor Campbell stated that he hoped that the rent question in Ari zona might be settled without legis- Ilation which has been found necessary in the east. Tn this connection he spoke of the paper read and discussed by Governor Smith of New York al lthe governors convention in Harris Iburg. Governor Smith spoke of the housing legislation passed by a special session of the New York legislature Hast September and its effect and re- Isult.
 Tt is my hope that similar legisla- ton will not be necessary in Arizona but if certain remedies are not applied voluntarily in some sections of the state tthis serious matter of rents which en- ters so vitally into the cost of living to so many of our citizens will bs called by me to the attention of tho Legislature"
 Tn touching upon the unemployed situation the governor said the con. dition was far more severe in th' states east of the Rio Grande thar here.
 "I regret the western bound tendenc, on the part of those seeking employ ment in other states,' said the gov. ernor. who has been advised that many are seeking employment in Arizona ant New Mexico from other states at 1; time, he says when our industries art hard put to take care of our own la bor conditions.
 "The brightest immediate outlook ol the horizon is the incorporation of tn hundred million dollar corporation formed by various financial institu tions in Chicago on Saturday to b. used toward stimulating foreign buy | ing. As soon as this organization i ready to do business and place credi | to the extent of its capital in the va rious European countries we can lool forward to a stimulus in the use 0 copper"
 In the opinion of Governor Campbel the next few months will not see tn re- employment of many in the coppe districts of the state.
 The Arizona representatives in con gress, with other states representa- lives, are making an effort to hay an embargo placed on wool and lon
 staple cotton. It is hoped that thi
 will be accomplished during the shoi
 session of congress inasmuch as tn
 policy of the new administration wi
 be to revise the tariff law. said the gov
 ernor, who expressed himself as fear
 full that nothing definite will be don
 until the special session called by Presi
 dent Harding.
 q look to see the immigration bi
 passed at the short session, with SC