The Bozeman courier. (Bozeman, Mont.) 1919-1954, 1927-09-23

MaR 80 @OC4NF - ~k< ~oe~~
industry
Industry, in its broad sense, con-
sists In the production of raw ma
terials and, through the agency of ap-
piled labor, converting them into COM
modities useful for or desired by man
as incidental to his social status.
Given an abundant supply of raw ma
terial, the opportunity Of producing
and manufacturing it, and the means
Of transporting the product to avail
able markets, the necessary elements
Of industry exist. Gauged by this
standard, who can be other than an
/ optimist about the future Of this state
and its industry? Where is there an
area more generously endowed with
the fundamental factors of potential
wealth?
while the opportunity for rapid
development may not be as great as
existed a generation ago, the diff
~culties then contemporaneous have
been minimized and the results today
are more assured. We live in an age
in which the economic status OF mill
lions Of people is changing with q "a
pidity unknown at any prior time IN
history. This change in social scon-
ditions and the growth Of the nation
now calls for and will continue to de-
mand a production of what have be-
come essentials to modern life upon
a constantly increasing scale, the HIM
it Of which no man al Measure and
no. formula determine.
N"f we but take advantage Of our
opportunities, it is inevitable that
Montana's industries must grow and
, prosper in direct ratio, as we have
within our borders the basic elements
that go to make for material wealth.
That these exist and will be utilized
l insures in part the future Of Mon
tana's industry, for great indeed Is
her endowment. M
4 Here we have an area as great as
I constituted many of the major en-
T pires Of the old world, where tens Of
millions have lived, labored and pros
a pered. Mineral deposits, from which
: treasure ~aggregating billions, has
t been extracted, seventy-five per cent
Of which has been spent in the pro-
duetion costs and reinvestment made
d within the state, and from the store
house Of which uncounted millions are
yet to come. Coal measures Of such
d extent that centuries will not consume
them, power, replenished by winter
SHOWS and summer rains, that should
last unto eternity, millions of acres OF
tillable land, forests untouched by the
A woOdsman's AK reservoirs of oil, an6
base products whose potential values
a can only be realized as population in.
creases and markets are thereby ere,
ated. A princely heritage indeed, ant
one that imposes upon our people
Il responsibility, if our possibilities ar,
to be realized, for it should ever b
remembered that the material ele
~ ments of wealth furnish merely tn
~ opportunity for the creation of, Blu
~ cannot Of themselves constitute, in
II dustry.
ck Industry is a vital, living, con
h scious state. Under conditions fav
as orable to its development it prospers
er and under adverse conditions it dies
Raw material, capital and labor com
bined in the productive effort produc
the desired results. The lack of an
oh one Of the three is fatal to its pro
81 gress.
It's To-day vast areas of the world
e? populated by an appreciate percent
ed age of the human race, are livin
~. amidst conditions of poverty and dis
en-, tress, hunger and despair, becaus
in dreamers have taken the places
workers; untried theories have SUI
,s+ planted human experience, individua
ism has been suppressed, religion hs
,ca been blasphemed, and the, effort Il
ward industrial accomplishment d,
,at strOyed.
zen "Not alone then does the future
yh- our industry depend on the possess
our ion of the material factors that CO..
ord stitute it's basis, but likewise will
Dur depend upon the attitude which Il
people of the state assume toward
in the administration of their goverl
IN ment.
%Gone are the days when industl
claims, or should be accorded, Al
as special privileges, but never endiI
af- will be the time when industry,
ion prosper. must be accorded a just a
equitable position in the body polit
do Happily, / am convinced that
the this respect the future Of Montans
J q industry is quite as well assured as
is in the factors we have enumerat,
~ The citizenship Of this state has
of herited a legacy Of constructive effG
rial that has resulted in a splendid
complishment. IL is theirs to secr
De- and perpetuate. It would be fut
in to hope that the time will ever col
uct- when the irresponsible differences
.1lS those who would destroy will be co
pletely siIenced, or that the minori
naI, who seek redress for their own
ken herent incapacity in the effort to
II - ~-.~ks.n $500, L. L..sIA -