The Kennewick courier-reporter. [volume] (Kennewick, Wash.) 1914-1938, 1923-03-29

entire country always prospers with it.
phoenix, Arizona, center Of 49,
900 people shows the best conditions
statistically of any city in this region.
it profits not only from the mining in
dustry but also from cotton. This
district has enjoyed not only good
cotton crop but favorable prices. And
building is active-local purchasing
power increasing and the outlook very
good. Phoenix is very good illus
tration why every city should seek
to diversity its sources of income.
Among the other cities for which I
am hopeful are Butte, Great Falls,
Billings and Helena, Montana; Boise
and Twin Falls, Idaho; Cheyenne,
Casper and Sheridan, Wyoming; Og-
den, Provo and Logan Utah; Albu-
querque, Las Vegas, New Mexico;
Tucson, Douglas, Arizona and Ell
Paso, Texas. am especially hopeful
in regard to Ell Paso because it is
the outlet of northwestern Mexico,
which is one Of the richest sections
of the American continent. Some day
Mexico is going to settle down and Ell
Paso will greatly profit. Nearly all
of these cities are fast becoming dis
tributing centers and in all of them
there still are opportunities for men
who have the Six rs of Successful
tegrity, Industry, Intelligence, Initia-
tive, Interest and Inspiration"
In conclusion Mr.. Babson said:
"When studying conditions in other
sections of the country remedies for
the local difficulties are usually easy
to suggest. For instance, when study
ing conditions in New England it is
apparent that the labor problem is
New England's greatest handicap and
the wage earners of New England
have its future in their hands. 1t is
very apparent that the need of the
South is more capital, and energy
with greater willingness to work and
risk. When one is studying the prob
lens of the wheat growing sections
he Immediately sees that many now
raising wheat should raise other pro-
ducts. When, however, it comes to
offering a solution for the problems
of these mountain states the task is
very much more difficult. Frankly,
1 am unable to suggest anything to
these people except to continue as
they have been doing. Statistics
show that they are utilizing their nat
ural resources to as great an extent
as the market permits; they are en-
deavoring to diversity their sources
of income and develop their commune
ties along broad and permanent lines.
call your attention to the excellent
results which are being obtained in
the sections under cultivation by the
Mormons. However, one may differ
with them on religion, they certainly
set us all an example by applying re-
ilgion to everyday work. What these
faithful Mormons have done with the
desert sands of Utah shows what can
be done with all these Rocky Noun
tain states if people are willing to
apply the same industry, thrift and the
other fundamentals of prosperity"
When asked about general business
conditions thruout the country as a
whole Mr.. Babson stated that the
Babsonchart shows activity $50 above
normal. He is not quite as optimistic
as he was few months ago, believ-
ing that some lines are again APP
preaching deflation. He still insists
that the period of readjustment is on
ly about 500 completed and that any
attempt to run up prices any higher
at this time would result in curtail-
ing many industries. Next week Mr..
Babson will issue report on the con-
ditions in the Pacific Coast states.