The Columbus journal. (Columbus, Neb.) 1874-1911, November 03, 1897, SUPPLEMENT, Image 6

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    A GREAT INDUSTRIAL WAVE
Continues to Sweep Over the
Land, Placing Prosperity $
on a Solid Basis.
Various Sections Vie
v Proclaiming
Good
THE record of mercantile ami
manufacturing activity continues
to verify the predictions of those
trade optimists who have been contend
ing all along that the upward move
ment is not spasmodic- or speculative
hut actually rests on a basis of growing
demand which is destined to be perma
nent. It is now over three months since
the new tariff law was approved by the
President. While the most ultra-pro-teetionists
will not contend that the
new law could have such a marvelous
effect upon trade conditions in so short
a time, no careful observer will deny
Hint the revival of business confidence
has been steady and continuous sinre
its enactment. It is an illustration of
what a settled economic iolicy on the
art of the Government will do for the
business interests of the country.
The significant features of the phe
nomenal trade improvement arc the
heavy increase in iron production and
consumption, the largest payments
itiiough clearings ever known in Octo
ber, the increase in the employment of
labor and the iceord breaker in wheat
exports. At every point whore actual
piotluction can be tested, it appears
greater than before. Ihe Increase in
the employment of labor has continued
and there are daily reports of resinnp-,
tion of woik in idle factories and sharp !
advances in wages. I
TIic September export, of wheat sur
pass all lecords. amounting to 25.SCS.
ST'S bushels, against 17.C4(.S15 bushels
last year, the value being oer loo per
cent larger for all breadstuff.. Tor the
week just closed the total exports of
wheat from both eo.ists of the 1'uitcd
States aggiegated ;.iK.720 bushels,
again-1 -I.S: ;r.. 5-11 bushels last week. 4.
J5i'.S17 bushels a year ago and 2,-KKUXK)
bushels in IS'.)."..
Willi such a favorable showing in
all departments of business activity
the pessimistic calamity wailer hasn't
a leg left to stand on.
Kansas Is Prosperous.
A correspondent in Wichita tells of re
ntal knhlc revival thus: Has a miracle
been wrought beside the Kansas Nile
Is this a cne of the dead brought to life?
Truly prosperity lias breathed into the
nostrils of Wichita. The fever of boom
ing raged here in its most malignant form.
It was followed by a trance-like state of
such continuance that some mistook it for
death. But an awakening has come. The
lliisli of returning health is plainly visible.
The pulse is beating strong. In the banks
of Wichita are more deposits to-day than
at any previous time since the boom was
at its height nearly ten .vcars ago. They
sire exactly double what they were one
j ear ago.
On one of the principal corners stands
a bank .which has lieen organized a year,
with $25.00(1 capital. It has in deposits
tit-da $250,000. just ten times its capital
stock. Six hundred loans came due this
year in Sedgvviek Count, of which Wi
chita is the seat, and 4 Ml of them have
been paid off. Money is going begging.
Illock. the millionaire capitalist, has been
trying for three weeks to place $40,000
where it will earn something and still
has it. Traveling men for Wichita job
Iters, whose sales a 3 ear ago averaged $S.
MK a week are now turning in orders for
$20,000 a week. A new mill grinding ."500
barrels of flour :i day has just started.
In the directors' room of one of the
banks eight or ten of the substantial men
of Wichita were gathered tit make prepar
ations for the Kansas bankers conven
tion, to be held lieie. One of them talked
and the others acquiesced in this view of
the changed conditions: "We are infinite
ly better off than we were last year. We
hav doubled our deposits and are carry
ing .tronger reserves than ever before.
We have on an average 00 per cent in
cash in our vaults. Our jobbers are doing
double the business they did last 3 ear.
The-e isn't one of them that can keep up
with his orders. We have five w',sa!e
grocTs. two wholesale drug houses, two
jolders in dry goods and the same num
ber in boots and shoes. Ten or lift tea
more jobbers could come here and d-t well.
The country h.mks all around Us are in
tine (oudi'iou with larger deposits than
they ever had. The live stock interests
in this vitinity are larger than tlie.v ever
v-rrc. i jie reports snow in.ii we nave
tlS.OOO Logs in this county of Sedgwick.
In Sumner, the next county, the wheat
crop this3o:-.r was 4.500.000 bushels, more
than was raided in any other county of
the State. More people are buy ing homes
in Wiihita than at any time since the
boom period. The books of a leading real
'state firm show more transactions in si.
weeks past than in s;- years preceding.
Wt think good times have come to Wi
chita to stay. And these are but a few
instances of Wichita's prosperity.
Tradc, Price and Iron.
All other facts and tomlitions
business situation are of small
in the
couse-
qiicncc by the side of the sudden and
rapid increase in September in the con
sumption of iron. The production of pig
iron is no greater in fact, it is a little
less than two 3 ears ago. The weekly
prodnction. Oet. 1. 1805. was 201.414 tons
C'lron Age" figures), and on the first of
the current month the total product,
weekly. was 200,128 tons. This makes
the product practically equal now and
two years ago. The consumption has.
however, greatly increased. In 1S05.
when the product rose 30.000 tons in three
months, from July 1 to Oct. 1. against
"6,000 tons now, the unsold stocks stead
ily grew. This year the unsold stocks
have fallen in three months from 1,000,
12 tons Jalr 1 to 691,527 toes Oct 1, a
with One Another
the Return of
Times.
in
fall itf .'00,0811 ton. The amount of iron
made now and during three months past
is very clobeiy equal to the amount in
1895; but the amount actually consumed
is considerably greater.
This goes to the root of prosjterity be
cause the consumption of iron is the best
possible measure of the activity of rail
roads, both in maintenance and in new
construction, of house building and of new
manufacturing plants. This increased ac
tivity also was chiefly in the past month.
From July 1 to Sept. 1 stocks only fell
1"10.502 tons. In September pig iron
stocks fell 172.r8 tons. Taking pro
duction and stocks together, in July and
August, about 172,700 tons were consum
ed oath week: in September 220.200 tons
weekly. Here is an increase of 53,500
tons in the weekly consumption of iron
in September over the average of July
and August, an increase of 81 per cent.
Such an advance in the consumption of
iron indicates a very large advance in the
disbursement of wages, because the
amount spent on any enterprise for iron is
a very small share of the total expended
for wages in the same enterprise.
"-"" -sift
More of Ii.
The Financial Chronicle notes mnny
proofs tif improving business. Bank clear
ings in August were "Hi per cent bettor
than in August. 18110, and September
dealings ale 50 per cent better. The
September clearings, in fact, aie the larg
est in our history. Failures were hut
1.012. with liabilities of $1 0.:'0!.o:;.'.
against 1.51-1 failures, with $20,774,1117
of liabilities in the same month last year.
Kaihoad ciruuigs wen- 11.5 per tent bet
ter on eighty -four mads than on the same
mails in the same month of 1MH. These
aie cheering signs of a genera! growth in
business and returning prosperity. If we
could only (tiiot our jingoes and give prac
tical interests a chance a blight future
might be anticipated. Baltimore Sun
(Hem. 1.
Wluit Comptroller Kckcls Says.
The statement of Comptroller Eckels of
the I'nited States treasury in regard to
the business improvement throughout the
country is very encouraging. He states
that "the improvement lias come rapidly
and -lermcitcs all lines of industry. It
began with the agricultural class. The
farmers have large crops and are getting
good prices for them. The cattle raisers
are benefited by a substantial rise in the
price of cattle. The same is true with the
sheep raisers. This improvement in agri
cultural earnings has had its effect on the
railroads by increasing their earnings. It
has put money into circulation and en-
abled people to pay off their debts, and'
has thereby benefited the merchants."
A Sure Barometer.
The monthly statement of the postal re
ceipts of the principal cities of the coun
try, which has just been made public, is
tf great significance as an indication of
the condition of general business. A
handsome increase in the income of the
postotlices of the leading cities was made
in SeptenilKT. as compared with the same
month in 1S1M5. In only a few places of
Ml.000 inhabitants or over was there any
falling tiff in the month. One of the"e
was New Orleans, where the decline was
probably due to the yellow fever, which
has seriously depressed business in that
town and throughout a large part of the
region bordering on the Gulf of Mexico.
Banks Attest Revival.
St. Louis bank clearances in the week
just ended, which were, in round figures.
$"0,000,000. were up near the highest line
ever reached. The increase over the same
week in 1800 was 28.2 per cent. Proba
bly if the 3cI!ow fever scare in Texas and
along the gulf coast were ended. St. Louis
clearings these days would be breaking
all records. Part of the territory thus
affected is. in a business way. tributary
to St. Louis. St. Louis Globe-Democrat.
Popoerats, Attention!
What were some of those remarks that
were heralded around from Popocratic
stump to stump last 3-ear. to the effect
that our currency was so limited and con
tracted that we could not do business,
and that the only hope for a return to
prosperity was through the free coinage
of silver at 10 to 1? It is quite evident
to obcrvant( men that some of these Pop
oerats w ere laboring under a mistake, bc
c.iuse by reference to the election returns
of ISOti it will he seen that the free coin
age proposition was not adopted, and yet
here we find in the country to-day nearly
a hundred million dollars more in circula
tion than there was a year ago. and not
a dollar of it free silver. Gold alone has
increased in circulation in the last year
over fifty million dollars.
A Wise Action.
The President's action in the appoint
ment of a special reciprocity commissioner
to arrange our reciprocal trade relations
with the countries entering into our recip
locity agreements is spoken of with gen
eral satisfaction. Under President Har
rison's administration these matters were
attended to through the State Depart
ment, w hose tedious routine methods occa
sioned considerable delay, but the sub
ject was an experiment at that time, while
under the last administration the recip
rocity treaties were all abrogated. leading
to retaliatory measures on the part of
Spain. France, Germany and South Amer
ican republics.
Sectionalism.
The spreading of protectionist sentiment
in the South, the impartial and wholly na
tional spirit which has determined the
provisions of the Dingley law, and the
wise and statesmanlike utterances of
President McKhdey have gone far to de
stroy the remnants of that sectionalism
which, forty years ago, threatened to de
stroy the Union. There are enemies of
America and of American institutions
who are fond of prophesying that the time
will come when the United States will
split up into several different countries.
The wish is father to the thought, for it
has no real basis on existing facts. Every
true American knows that that time will
never come, and deplores and condemns
any talk which tends to arouse sectional
ism. What spirit of sectionalism still exists,
we owe almost entirely to the free traders.
They systematically try to stir up the
West against the East on the ground that
protection unduly favors the Eastern
manufacturers: they try to rouse the East
against the West because, as they say,
protection favors the Western ranchers
to the detriment of the people of the East;
they try to arouse the South against the
North and the North against the South.
It is quite consistent that those who woi.id
make a catspaw of our own country to
enrich the nations of the earth should try
to sow the seeds of disunion within our
own borders. The American people are
indebted to the free traders for many
evils, and not the least is this effort of
theirs, on every occasion, to 6tir np a
spirit of sectionalism. It is an evil which
should be stamped out in summary fash
ion and all honor should be given to that
thoroughly American law, the Dingley
law, which, by protecting all sections of
the country alike, has disarmed section
alism. American Machinery In Africa.
The British vice-consul at Loanda states
that up to the present no British firm has
sent out a representative to Angola.
There is a fair demand for cane-crushing
mills, steam engines and turbines. A
representative of an American firm is out
for the third time within four years, and
has tlone good business. He sees no rea-
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NE of the most prominent features of Washington. D. C, and a scientific establishment of world-wide reputation
is the Smithsonian Institution. It was founded, by act of Congress, approved Aug. 10. 1840, on the bequest of
James Smithson of England for
was $515,109: the residuary legacy, $20,210.03; total sum derived from the bequest. $ri41,37!).t3. In 1S07 Congress au
thorized the increase of the fund to $1,000,000. and $108,(520.7, resulting from savings of income anil increased value of
investmei.ts, was added to the amount then in the U. S. treasury, making the fund $050,000. Later bequests have in
creased it to over $700,000, of which the interest is available and sufficient for the support of the institution. The
Smithsonian building is one of the most imposing edifices in the United States. Its architecture is of the Norman or Itom
anesque style. The material of which it is constructed is a lilac-gray freestone, mined twenty-three miles up the Potom.tc
from Washington. The comer stone was laid May 1. 1847. in the presence of President Polk and his cabinet. On Jan.
24. 18G5, the building was partially- destroyed by fire from a defective flue. Scientific operations were not. however, seri
ously impeded by the fire and the great building has since been gradually restored, until now it is wholly reconstructed
anil fireproof.
By law the Smithsonian Institution is the depository of the national 1111101111. vvliii h is a collection of ".ill objects
of art and of foreign and curious research, and all objects of natural history, plants and geological and mineralogical
specimens belonging to the United States." It is particularly rich in objects illustrative of ethnology, ornithology and
ichthyology. Few specnmeu& are purciiased. additions being made through gift or by exchange. In the early history of the
institution it established a system for the interchange of American and foreign scientific thought. By this system, which
has now attained great proportions, societies and individuals are brought into close communion by the interchange of pub
lications. This system, which costs nearly $10,000 annually, was established in compliance with the second provision of
the founder's will, which enjoined the "diffusion" of knowledge among men.
The Smithsonian Library was several years ago transferred to the care of the Library of Congress, and now forms
the National Science Library. It consists of about 110.000 volumes. For a number of 3 ears the institution conducted
an extensive series of meteorological observations, but these were discontinued when the United States signal service
bureau was established. The institution issues three series of publications. The first is a quarto entitled "Contributions
to Knowledge": the second an octavo styled "Miscellaneous Collections." and the third an octavo Annual Report. The
institution is not a national, but an individii.il, establishment. That Smithson did not intend the benefit of his gift for
the exclusive enjoyment of any one people is plainly indicated by the terms of the instrument conveying the legacy.
son why the British manufacturers should
not do equally well, and says that "the
American machinery is inferior to that of
British make, and cheaper, but it sells
well, and that is the principal thing." If
a few English firms were to subscribe to
gether and send out a man to visit the
Islands of Principe and S. Thome, anil
then Loanda, Benguella and Mosam
medes. so that they might get an insight
into what class of machinery is required
in those parts, their money would not. the
vice-consul stated, he badly spent, and
they would learn a great deal. They
would probably learn something about the
superiority of the American machinery.
Lonisiana Business Improved.
The Shreveport jobbers and wholesalers
unite In saying that the business season Is
opening nicely and promises to be unusually
active. They are hi a position to know, and
we hope and suspect they are correct in this
conclusion. Confidence Is gradually increas
ing in all departments of trade, and it really
seems probable tbat the long expected era
of prosperity is about to dawn upon o.ir fair
anil fertile Southland. It is misled that the
expectation may meet full realization.
Shreveport (La.) Times.
We are giad to learn of this business im
provement, and trust that it extends
throughout Louisiana. The unswerving
efforts of United States Senator McEn
ery to secure protection for. and tit pro
mote the interests of. his State are
promptly bearing good fruit. Whenever
the sugar industry of Louisiana is pros
perous, then all its wholesale and retail
interests must be in the same happy condi
tion. They Are Disappointed.
The Democratic orators who were ex
pecting to make mince meat of the feature
of the Dingley law relating to exportation
of American manufactures have lapsed
into singular silence. Nor are they mak
ing comparisons of the cxportations un
der the new law acd those of a year ago
under the Wilson kw. For their exclu
sive information, attention is directed to
the fact that these exportations aggre
gated during the second month of the
Dingley law $103,300,000 as against $83,
756,000 in the corresponding month of
last year.
DISCOURAGING TO BRYANITES.
Money Circulation Increases a Hun
drcd Million in a Year.
Mr. Bryan and his free silver colaborers
would like to blot .out the nevvspaier rec
ords of their speeches a year ago. It was
just this time in the campaign of 1S1H
that they were asserting that the country
was suffering from a lack of currency, and
could only be supplied by the free and un
limited coinage of silver. The people
of the country did not agree with them,
and free and unlimited coinage has not
been put into operation. Yet the October
statement of the Treasury Department
shows that the money in circulation to
day is. in round numbers, $10,000,000 in
excess of that one year ago. Curiously,
more than one-half of this increase is in
gold. The following table, issued by the
Treasury Department on Oct. 1. shows
the money in circulation Oct. 1, 1807, com
pared wit Oct. 1, 189G:
Amt. In clrcu- Amt. In circu
lation Oct. latlon Oct.
1. 1807. 1. lKW.
Gold coIn $528,008,753 1478,771.41)0
Standard silver
dollars
57.14T.,770
56.513.17S
60,228,298
38.736.639
354.431.474
8S.964.047
249,547,300
. 34.305.000
220.S04.S63
Subsldlarr sli
ver ......... . 61,176,415
Gold certifi
cates 36,S!S.tt9
Silver certifi
cates 374.620.209
Treas. notes, net
July 14, '00.. 89.816.063
United States
notes 251.71Ki.544.
Cur. certlflcts..
act June 872 52,825.000
Nat. bank nts. 226.464.i:5
Totals
.$1,678,840,538 S1.5S2.302.2S9
A Pitiable Spectacle.
The American people must be proud of
the record the defeated candidate of the
Popocratic party of last year is achiev
ing in making of himself a drawing card
mm
A. BR I ' -' rr
Ss msi a A u .. ...' I r
SMITHSONIAN INSTITUTION.
the "increase and diffusion of knowledge
for county fairs through the country. Mr.
Bryan "lectured" at the Wichita, Kan.,
county fair the other d:3 under an agree
ment to receive one-half of the gate re
ceipts. This was paid him. amounting ttt
$2,400, but it was then discovered that he
had been swindled by the management,
which had made extra charge for grand
stand tickets and for selling beer, the pro
ceeds of which were not divided with Mr.
Bryan.
Railroad Men Were Wise.
The railroad employes of the country
are not regretting their labors and votes
of last year in favor of McKinley. sound
money and protection. Tin gross earn
ings of the year just ended for the rail
roads of the country are $75,000,000
greater than in the year preceding, and
the number of people employed has large
ly increased, with a higher scale of wages
in many cases. Railroad shops have start
ed up all over the country on full and
overtime, giving employment to thousands
of old hands who had been thrown out of
emphi3ment by the previous depression,
and the difference generally between con
ditions in railroad circles now and a 3 ear
ago shows a remarkable change.
Exports of Manufacturers.
The excess of merchandise exports for
September reaches the sttipcnuous fig
ure of $02,281.7. This is $7,000,
000 over the most liberal estimate
and $15,000,000 more than seemed likely
two weeks ago. Never in our commercial
histor3- have exports been so large from
the lesser iorts and this deranges all cal
culations. The e. ess of exports is al
most twice the excess in Scptcmlter. 1SIM".
$34,275,108. Last vear the cotton crop
was early. This year it is late. It is mov
ing in October when the excess of mer
chandise exports was $03,040,207. Im
ports are this year less than last year for
New York by $2,175,000. and while ex
ports from New York are about $500,000
less, they are undoubtedly larger for the
country, as 62.000 more bales of cotton
and 2,600,000 bushels of wheat are known
to have been exported from all ports. The
heavy excess of September will therefore
be in all probability equalled and the two
months will have an excess together of
5120.000.000. or about $2,000,000 a day.
The gold exports which have begun are
therefore small by those which will follow
and they will come at a time when the
treasury at Washington holds within $4,
000.000 as much gold as the Bank of
England. Not unnaturally discount rates
are falling here and risking abroad, and
with the rise abroad in discounts has come
a sale of American securities to this coun
try. The national mortgage is being paid
and one more step taken toward the finan
cial and commercial supremacy of the
world.
Wheat prices turn just now on Argen
tine supplies, which may be from 10,000,
000 to 50,000,000 bushels, no one knows
which. Free exports continue and the
Western farmer is making his sales at
higher profits and less trammeled by arti
ficial causes than in a number of years, to
the national advantage. The Daily Dry
Goods Reporter puts the cotton yield at
971.000 bales of 500 pounds. This would
be, with one exception, the largest crop
on record, and both cotton and print cloths
fell last week. Bessemer pig and steel
billets rose last week and in general iron
and steel look to larger prices. The ship
ments of boots and shoes are now at the
highest figures reported. Philadelphia
Press.
They Acknowledge the Cora.
The silverites have at last weakened in
the face of the rapid depreciation in the
value of their metal. It was a matter of
surprise that they should have shouted
silver as long as they did. in view of its
steady depreciation, but they were doubt
less in hope that something wheat or
something else would carry it up again
to its price of last year. Instead of this,
it has gone down like a chunk of lead, lit
erally, and finally stands at such a ridicu
lously low figure that they have been fore-
3i0g&j
among men." The amount first received
ed out of self-respect to quit how ling for
free coinage, and are now kicking around
the political junk heap for some either
worn-out kettle which they can patch up
and hang over the political fire.
Far from Discouraging.
The free trade organs are fond of coinpir
ing the tarifT receipts of the first sitv davs
of the IMnglcy law- with the first sit"v d.i' s
of the Wilson law well knowing that spe
cial conditions operated in favor of the Wil
son bill before its passage and while the
Hingley law was pending. I)ytcstotn (I'.i.i
Intelligencer.
Allowing for the disadvantages under
which the Dingley bill suffered, during
the first sixty days of its enactment, a
comparis-iM of its results with those of
the WiNon bill during its first two months
incubation, is far from disi ouragiiu: to the
friends of ptotection. It will be found
eKevv hen.
American Ii'untncss.
It is Secretary Sherman's blunt way
that is displeasing to Englishmen, anil
it certainly does not place Salisbury in
the most favorable light. The American
people will not think any the Ies? of Sec
retary Sherman for the opinions regard
ing him of the English press. He may be
wanting in the useless arts and wilt's of
diplomacy, bur he knows how to state
facts so that every hotly can understand
them and he has shown himself to be a
match in controversy for Salisbury or any
other British diplomat. Omaha Bee.
Good Tor the Dingley Law.
Senator Jones of Arkansas called atten
tionin a speech in the Senate tit the
remarkable record of the Wilson law as
relating tt the exportation of American
manufactures. And yet the exportations
of this class under the second month of
the operations of the Dingley law were
25 per cent in extess of those of the corre
sponding month of the Wilson law of last
year.
Won't Acknowledge the Corn.
Already the law (Dingley) Is vindicated 50
far a its effect npon the Industries of the
country Is concerned. It will be justified in
dne time as a revenue measure. Omaha
(Neb.) Bee.
True. But tl free traders will never
be honest enough to acknowledge it.
PARAGRAPHS WITH POINTS.
Short and Timely Commentaries on
Men and Kvcnts.
There will, it is announced, be six celes
tial eclipses in 1898. But there will be
other eclipses, too.
The silver envoys who went to Japan to
see why silver was demonetized don't '
seem to be in any hurry to report. Time
is passing, gentlemen.
Under President Cleveland the per cap- -ita
circulation in the country fell to
$21.10. but it has increased under Presi
dent McKinley to $22.Sl.
Even the Tammany Democrats have
snubbed Mr. Bryau. He wrote them urg
ing that they should put silver into their
platform and they promptly responded by
keeping it out.
Nobody has been heard to hint for the
past two months that William McKinley
made any mistake last fall when he re
marked that he thought it better to open
the mills to American labor than the
mints to the world's silver.
It is hinted that the Democratic ticket
of 1000 may be Henry George, of New
York, and Tom Johnson, of Ohio, on a
platform of single tax. The party must
have an issue, you know, and as free trade
and free silver are dead there seems to be
nothing else left.
The year ending Sept. 1, 1S07. was a
bad one for the wheat-aiid-silvcr-h.ind-tn-hand
theory. One otint e of silver on Sept.
1. IMMi. was wortli just as much as one
bushel of wheat in New York. On Sept.
1. 1S97, it took just two ounces of silver
to buy a bushel of wheat.
It is understood that Mr. Bryan will
issue another book shortly, to be entitled
"The Complete Letter Writer." and that
k will contain full instructions on the art
f.f getting private letters into print with
out waiting for the aid and consent" of
the party to whom they are written.
The earnings of the Dingley law in the
second half of August were siightlv in ex
cess of $0,000,000; those of the first half
of September were over $10,000,000. and
those of the last half of September were
in excess of $11,000,000, showing a steady
and gratifying increase in income under
it.
"The true story of Mr. Hanna's attitude
to his workmen ami toward union labor,
as far as his mining interests in Western
Pennsylvania are concerned, is tint he is
the best 11 an in the whole district to work '
for." F-om statement of William War
ner. Secretary United Mine Workers of
Pittsburg District.
The treasury receipts under th D.ng'ey
law are steadily increasing. The receipts
of its second mouth are greater than those
of the second month under the Wilson
law. despite the fact that the Dingley l.iw
foiind the country tilled with foreign
goods, while the WiNon law found many
millions dollars worth of goods waiting
lit enter anil contribute to its earnings.
The Tammany Democrats evidently
thought a live national chairman better
than a dead presidential candidate. Chair
niau Jones advised them to give silver the
cold shoulder in their platform. Ex-Candidate
Bryan urged them to embrace it.
As Jones will remain thainuan until the
national convention of lltlttl is fully organ
ized, the wily Tammany ites stood hy
Joiies. -
The Philadelphia Press has made a
careful tanvass of the State of Pennsyl
vania, sending out 102 inquiries into the
07 counties of the State relative to the
business and industrial conditions. The
result is most gratifying and the reports
unanimous ttt the effect that times have
greatly improved, factories started up all
over the State, orders are coming in am!
labor finding employment everywhere.
The leaders of the calamity party are
overjoyed at the slight fall in wheat late
ly. They are expectantly watching quo
tations, in the hope that something will
conduce tit a further depreciation of its
value, so that they can say. "We told you
so" to the fanners. The fact that an
ounce of silver a year ago was equal in
value to a bushel of wheat, but now buys
only half a bushel, has knocked the wind
out ttf their specious arguments.
A couple ttf months ago the free traders
looked complacently at the large exporta
tions of manufactures under the Wilson
law. and were only waiting to point exult
ingly tit the falling off of these expatria
tions under the new law. It seems, how
ever, that they were wrong, as usual. The
first month of the operations of the Ding
ley law showed a larger exportation of
manufactured articles than for any corre
s'tonding month of preceding years. S
niuch for their statements that the enact
ment of a protective revenue law would
cut off our market abroad for American
manufacture.
A Rebuke to Demagogues.
To the demagogues and agitators who
are assailing the corner stone of Ameri
can government, the judiciary, the ex
ample of Justice Field comes as ,1 speak
ing rebuke. Field entered upon his dut'i-s
just before the most trying time in Amer
ican history, the period of reconstnn tit.ii.
During his Ions career on the Supreme
bom h lie won the respect even of his
bitterest political opponents. He ':.-,
ever true to his toiiv ictioiis. Cincinnati
Times-Star.
Have Money to Spend.
1'rotits and wages being good in the St.itts
111. iv i-.iiisi siii It ileininil all round tint the
Itntish tr.ides will feel something of it In
spite of the tariff. 1'r.ulforil (Kngl.unll Olt
server. We think so. Thi was the re-u.'t dur
ing our prosperity under McKinley pro
tection. When money is abundant here,
our people always buy freely of British
luxuries. It is from such purchases as
these that we add largely to our customs
revennc under a protective tarifT.
Nebraska's Best Hope.
Mr. Br.van's remarks in a private letter
of admonition to his friends in Nt braska
that the Kep'iblicans are working night
and day to carry the State. Nt. doubt
this is true, and it will be grea' sotnl bi-k
for Nebraska if the I'cpuhlicaus Mimiil
in their object. St. Louis Globe Demo
crat. Hardly Possible.
The country wants a rest from tarifT agita
tion and tariff tinkering, and liesiib s there
is in. reason to suppose that the prs-nt "on
jrrcss would pass any better tariff law.
Lynchburg (Va.) Xewu.
We doubt whether any Congress could
pass a better tariff law.
Speak Up, Mr. Bryan.
Mr. Bryan was heard to say some
months ago that he would be glad if the
McKinley administration could bring
prosperity to the country. That was very
patriotic, hut has anybody heard his ex
pressions of satisfaction since it has comet