New Britain Herald Newspaper, March 23, 1923, Page 20

BABSON TALKS ON MOUNTAIN STATES; | GENERAL READJUSTMENT INCOMPLETE | Expert Not So Optimistic as Few Months Ago, Fearing Some Lihes Approach De- flation, r (Quoted Locally Only by The Herald) Wellesley Hills, Mass,, March 28 Today Roger W. Babson issued his report on conditions in that scction of the country which extends from the agricultural states through to the Pacific coast states, This group con- sists of Montana, Wyoming, Colorado, Idaho, Utah, Nevada, New Mexico, Arizona and a part of Texus and Oklahoma, Very Fond of the West. “I am very fond of this mountain section,” says Mr, Babson, "It is the section which develops those manly and robust qualities which are the backbone of American civilization This is the west, which developed Roosevelt spiritually, mentally and physically. Rugged character of hoth country and people, freedom from artificial conventionality and the cus- tom of judging men solely by what they are; chbarac » these Mountain States. This was : very foreibly brought to my mind last month when, on my way south, I stopped in Phil- adelphia to call upon George Horace Lorimer, editor of the Saturday Even- ing Post, a man who it is said has the greatest potential influence of any man in Ameri When urging Mr, Lorimer to v me in the south he replied: ‘Babson, the south is all right for those who want to live in big ho- tels and play golf—but give me the Grand Canyon of Colorado where I can ride up and down the trails. There is something about that moun- tainous country that inspires me as well as rest me.! Similiar statements have been made to me by many of America's greatest captains of indus- try. They may go to other sections of the country for amusement and di- version but when they desire real recreation, to be re-built and re-cre- ated, they go out into the Rocky Mountains. Has Its Struggles. “Yet,"—contiues Mr. Babson—"this mountain section has its struggles. The same difficulties, which meet the traveler when climbing the hills and crossing the desserts, seem to con- front those who have settied down to develop the country. Not only has this section suffered ‘more than any other, but its problems are more dir- ficult of solution. The chief indus- tries are cattle and sheep raising, min- ing, lumbering and a certain amount of agriculture including the raisiflg of very fine fruit in certain’ irrigated sections. All of these lines have suf- fered during the past few years and are only now heginning to look bet- ter. Readjustments Prolonged. “Readjustment in this section has been severe and prolonged, but 1 believe that 1923 will go down in his- tory as a year of local improvement. Although no sharp upturn is likely those doing husiness in these states will ngte a gradual broadening of pur- chasing activities and a diminishing volume of overdue accour From a mining standpoint 1922 was one of the worst years on record. Poor mar- ket conditions and the unusually low prices for copper, lead and zine re- sulted in the closing of many mines. The value of the leading mineral pro- ducts taken out of the ground in Mon tana in 1921 was only $16,212,000 compared with $6 in 1920, CAMELS’ HAIR SKIRTING Yard . $1.98 SILK HOSE 3-seams, all colors. 85¢ value. 49 c Saturday . ... | Greatest activity was noted infthe mining of silver and silver-lead orves, The market for all of the non-ferrous metals is quiat, but the fundamental tendency is toward a ) r domand and strengthening | Already a number of the lurgest mines and re fining plants have resumed ope | tlons, Progross along these lines rw he slow for a few months, but it wil} he in the right direction, | onally, I am distinetly hullish on the copper situation and believe that Montana and the other copper digtricts will show the greatest percentuge crease in 1023, over 1921 and 1 any sections of the country, same thing, only to a etxent, should apply to the eattle and sheep business." qlssor Denver Tmproves, In discussing some of the eities of | mountain section, Mr, Bahson re- “Denver, a ecity ap- in population, shows sales to be 106 per cent of vhat they were a year Car | cking and miscellaneous in- are about normal toda 1 hewever, that Denver and ate of Colorado will have vear in 1023 than it had in Salt Lake City, Utah, with a about 125,000, reports activities in mining anad ports as follows proaching 300,000 ago. shops, 1 dQustri am i 1922, population of greator smelting with an improved condition| granch eustom barriers encireling the Ruhr, French patrol boats manned by poilus and equipped with machine guns maintain a con- stant patrol on the Rhine canals. of one of these light patrol boats. of those industries catering to the farmers. Pueblo, Colorado, with 50,« 000 {s not yet back to normal; bhut 1 heileve the tariff will help this sec- tion. It has already begunl to feel the effects of -a greater demand foi rt #! and iron products. As the Colorado I"uel and Iron companies become more prosperous ,the entire country always prospers with it. Phoenix Is Better, “Phoenix, Arizona, a center of 35, 600 people, shows the best conditions statistically of any city in this region 1t profits not only from the mining industry but also from cotton. This district has enjoyed not only a good cotton crop but favorable prices. Juilding i active-—local purchasing power increasing and the outlook is very good. Phoenix is'a very good jl- lustration- why every city should seck ot diversify its sources of income. Among the other cities for which I am hopeful are Butte, Great Ialls, Billings and Helena, Montana; Toise and 'Pwin T Idaho; Cheyenne, Casper and Sheridan, Wyoming; Og- den, Provo and lLogan, tah; Albu- querque, Las S Mexico; Tueson, Doug! Arizona and X1 Paso, Texas. T am especially hopeful in re-| gard to 1 Paso becanse it is the out- let of northwestern Mexico, which is one of the richest sections of the American continent. Some day Mexi- s going to settle down and Il 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 L's of Success: In- tegrity, Industry, Intelligence. Initia- tive, Interest and Tnspiration.” Nothing New Appears, In conclusion Mr, Jabson said: “When studying conditions in other sections of the country remedies for the local difficulties are usually y to suggést. Ior instance, when study ing conditions in New England it is apparent that the labor problem s New Ingland’s greatest handicap and the wage workers of New England/| | have its future in their hands. It is| very apparent that the need of the| south is more capital, and energy| | with a greater willingness to work| and risk. When one is studying the problems of the wheat growing sec- | tions he immediately sees that many now raising wheat should- raise other SATURDAY PRE-EA Big Size BED SPREADS $1.69 value CANTON . 10-inch BROCADED CRERE 40-inch $l .1 9 RADIUM SiLK 40-inch WHITE DAMASK 68-inch wide 75¢ value 49c Yard NAPKINS White ana Colored = 123¢ FLAT C SILK CREPE CHIFFON TAFFETAS 5 / 40-inch CHARMELU AOiinch REPES To prevent the smuggling of coal m"supplins through the Photo shows the business end produects, When, however, it comes to offering a solution for the prob- lems of these Mountain States the tusk is very much more I'rankly, T am unable to suggest any- thing to these people except to con- tinue as they have beein doing. Sta- tistics show that they are utilizing their natural resources to as great an extent as the market permits; they are endeavoring to diversify their sources of income and develop their communities along broad and perma- nent line; I call your attention to the excellent results which are being obtained in the sections under the cultivation by the Mormons. How- ever, one may differ with them on re- ligion, they certainly set us all ann ex- ample by applying religion to every- ly work. What these faithful Mor- mons have done with the desert sands of Utah shows what can be done with all these Rocky Mountain states if people are willing to apply the same industry, thrift and the other funda- méntals of prosperity. Not So Optomistic, sked, about general husiness | conditions throughout the country as a whole, Mr. Bahson ted that the Babsonchart shows aetivity 6 per cent above normal. He is not quite as op- timistic as he was a few months ago, believing that some Il#hes are again approaching deflation. He still insists that the period _of readjustment is only about 60 per cent completed, and that any attempt to run up prices any higher at this time would result in week Mr, Babson will issue a report ondition in vhe Pacific Coast MAGISTRATE Madras, Indi . Margaret Cou- sins, newspaper waman, has”ben ap- a magistrate here, the first post in India. poi woman to fill such KNEW HIS WAY ABOUT Highman, England—William Johs- son has died here at 103 after having lived in the same house 90 years. difficult. | ODQUAKERGITY " HOTEL O BE RAZED Continental Hotel in Piladelphia " to HMake Rooin for New Building ! Philadelphia, March 23 Continental hotel, a Jandmark in Phil- adelphia, which has sheltered presi- | | dents, emperors, princes, generals, ay- thors and 1 opera stars, t0 Say |nothing of oth of prominence in the heyday of its activity, will soon |be razed. Comfortable but old-fash- |ioned, the famous place will give wa to a modern 1,200 room hotel to be! I known as the' Benjamin IPranklin. The Continental, built in 1860, was a show place in the east when erected. Ciuests arveled e of polished Italian marble: and | it 1t was one of ,the first’ hotels to be equipped with an elevator, : ! Distinguished Visitors. { King BEdward VII, as the Prince of | [Wales, occupied the presitiential suite, the hospitality of whieh was subsequently accorded Dom Pedro, emperor of Brazil, when he visited the | Centennial Exposition in Philadelphia in 1876. . Charles Dickens also occu- | pled the suite. | The Continental wa republican leaders 6f and the republican nhAtional commit- | | ee used its rooms as a headquarters' i trequentéd by \ ‘ C {ham Lincoln's re-election. | Grant was [the civil war. | Ambassador Entertained, | 'Here, too, the first from Japan was entertained. Grand ———— l BT s s s R R s e S R ROBINS DRESS GOODS STORE 348 MAIN ST. SATURDAY BIG SELECTION OF . 45x36 1 PILLOW CASES | | Special &l CREPE R L All Colors $2.45 SILK PAISLEY All colors 36-inch $1.15 (1074 TABLE - CLUTHS Colored border scatloped, 40-inch CREPE | DE CHINE 50 colors %8139 3§ * 60-inch ALL WOOL JERSEY TUBING All colors. $1 ._§_5—I Yard . ... ALL SILK PONGEE Natural Color || 36-inch TER SILK SALE 72x90 HEETS Speciai COVERS White 8/4 Size Hen;stitched Fancy Turkish . TOWFKLS Colored Big Size 55¢°. 36-inch PAISLEY $2.50 | CREPES 1.79 - 98¢ " & o oozl ki o s Mo BBV L PG TSRO 0 SRR e N L Ly SR it e e i at its grand. stair- | |§ pactous, art-enriched dining hall. |8 Duke Alexis of Russia, and all presidents from Lincoln to McKinley registered at the Continental. noted guesty included Clara Kellogg, grand opera’ ¥ Melba, Lillian. Rusgell vil War days, | jefferson. {in the campaign for President Abra®! lontinental, once averted a situation | General | that might have proved embarrassing | 1 occasional visitor after [for President Andrew Johnson. The {mayor of Philadelphia had refused to, {receive the nation's chief executiye, ambassador |and Mr. Johnson ;as welcomed HARTFORD Mail and Telephone Orders Promptly and Aécunfiiy Filled HARTFORD SPORT SUITS At $35.00 EVERY STYLE AND COLOR OF THE SEASON A delightful assortment of Sport Suits, featuring the wrap skirt, smart side tie ja.ckeés, and,one and two-button effects New snug sleeves, long roll collar. \ Spring shades, checks, overplaids, heather mixtures. Sizes 14, 16 and 18; 36 to 44. Other Sport Slelits as low FUR CHOKERS AND SCARFS Come heve for the newer styles and finer grades at economical prices: Natural Squirrel Chok- ers, $9.75, $10.98 and $12.98. ’ Ringtail, 2-skin Scarfs, a soft brown fur iy a beauti- ful shade $12.98! Russian Fitch Chokers, $10 to $27.50. Dyed Blue Wolf Scarfs, very choice skins, $29.95 and'$35.00. Stone 'Marten, Baum Marten, Natural and Dyed Sable Scarfs, priced from o] the Other | Louise Mme. Joseph hi star; and c J. B. Kingsley, a manager of ”"‘fo in|c as $25.00, as high as $55.00. — Third Floor — MEN'S SHIRTS For Spring—stripes are the thing—stripes may . be commonplace or they may be distinctive here. All sizes 14 to 17. Woven Madrag Shirts with high colored -stripes, all fast colors. $2.75, $3.75 ' $4.00 Silk Stripe Madras Shirts in bright colors that won't $4 ‘50 fade ....r.... Silk stripe Flannel Shirts in colors that $6.50 are fast .... Men’s Furnishings North Aisle—Main Floor ospitaelity. In Parlor C important meetings and onventions were later held. These| ‘included the Pan-American congress f 30 years ago. BT BACEERSS Fo'is Sl $15,000 IN FIREFLACE. Felling,' . England—A houaewl(gl alleda workman . to repair her fire- distinctive. You'll find the Silk and Linen Shirts, colored with stripes, fast colors ...... $7.50 . Vety high grade flannel Shirts with silk - stripes, el $9.00 colors ...... One special-lot of _ stiff cuff Shirts in woven mad- ras. Few stores are dis- playing these stiff cuff Shirts and those who pre- fer them should take ad- vantage of this offer. Special $ 3 A O 0 G oS e e e ——— Paflor G of the hotel Phrough the place. courtesy of the manager; ;A commit-|found a tin box containing $3,50% in tee of citizéns extended - the~ city's| bank notes. He removed a brick and “Then he found another next to it containing $11,500, . b aae————— THE HERALD . The A-B-C Paper with the A-B-C Want Ads Nash Leads the World in Motor Car Value N New Tduring Model _ Six Cylinders Seven Passengers $1390 f. 0. b. factory SH P Five Disc Wheels and Nash Self- Mounting Carrier, $25 additional Come for a ride! Take a test-ride, today, in this new Nash Six Touring Car, for seven. It's a wonderful “buy” for the larger family, or those who ride with friends. You'll be instantly won to the even and generous power of its newly refined motor. You'll appreciate the great savings effected in gas and oil. And you'll notice, besides, a score of other important developments. .Drop in now! Prices range FOURS and SIXES from $915 to $2190, f. 0. b. factory A. G. Hawker Tel. 2456 5254 Eimst. \ J. L. MORAN, 3131 Church Street, Authorized Nash Service Station L4