The Birmingham age-herald., 1923-07-03
SAYS NATION HAS
 GREAT RESOURCES AT PRESENT TIME
(Continued From Page one.)

tCONt1nued From rage One.b dam site for the proposed Columbia basin irrigation project and was shown a series of motion pictures of the Columbia basin. After the address the presidential party left here for Mecham, Ore, to participate in the Old Oregon Trail celebration there tomorrow.
 Mentions Development
 The President spoke in part as fol- lows:
 Tt has been in mind, dusing these days of travel in the west to express on appropriate occasion a few views regarding those problems which we summon to our minds under the headings of conservation, reclama- tion and development. Nowadays, think there is disposition to change the order of terms and mention de- velopment first. Not that we are there Is increasing realization that in our national development, we have reached the time when wise programs for development in all parts of our domain must be encouraged.
 "Traveling about this country, and somewhat also in other countries, l have been constantly impressed that wise development of natural resources does not often result in their dis astrous diminution.' Rather, 1t seems as rule to result in a growing, an expanding, an increasing supply and variety of the very riches upon which we make drafts.
 Fears No Imp0verish hment.
 T do not fear that present de- velopment is liable to impoverish us In the future. The precise contrary, according to every historical analogy Is what will take place. Why, you all remember a quarter century ago so wise q man as James J. Hill was warning us that within 15 years this country would have to import wheat. twice that period has passed, our pop ulation has grown enormously and yet today we are producing a greater surplus of wheat than any other country in the world Our difficulty Is not to find wheat for ourselves but to find other countries that will buy 1t from us.
 'In 1919 MT. Bryan eloquently as- sured Us that gold could no longer serve as the worlds money standard because there couldn't possibly be enough of 1t produced. Before the echoes of his oratory had died away, Ecience had perfected new processes Of gold extraction and in a few years another group of earnest people were just as solemnly warning us that we couldn't go on using gold as our money standard, because 1t was get ting too common.
 "Fortunately for us, we didn't get unduly excited about either predic- ton and today we find about every body agreed that to get back on gold basis is one of the worlds greatest needs,
 So, contemplating the certainty that another century will give us a population of probably 300,000,0 900, one is forced to conclude that wise
 Nf, ic ho nF,lty . policy to which we dare commit our selves There was a time when the public domain was thought of as a treasure house of potential wealth to be locked up against the day when we should need it. It was assumed that by locking 1t up we should make 1t surely available whenever 1t was required. As a matter of fact. that would prevent 1t from being ready when needed. Development must Do gradual: a business of the decades and the centuries. It should, iIN deed. be given wise direction and supervision. The opportunities of the newer country should be so admin istered as to insure their equitable distribution in future. We have done with the era of thoughtless and reckless exploitation of our domain. There will not again come time when imperial estates will be distri- buted with lavish hands to enter pr!sing gentlemen whose only claim is that they would like to own them"
 We want the west to be land of