Image provided by: Morrow County Museum; Heppner, OR
About Heppner gazette. (Heppner, Morrow County, Or.) 1892-1912 | View Entire Issue (July 20, 1897)
BUSINESS STILL IMPRDVIKE Fresh Evidences of This Come from Every Part of the Country. Democratic and Republican Journals Vie with Each Other in Assurances of Return ing Prosperity. A Most Gratifying Collection of Hopeful Expressions Gathered from Various Reliable Sources. No publication within the last few weeks has attracted more attention than that furnished the readers of this paper early last month, showing a marked improvement in business con ditions throughout the country. This was evidenced by a collection of state ments on this subject from scores of newspapers of all political parties, and from all parts of the country. The evidence of general and widespread im provement was so plainly shown by this and so much a subject of gratification that we present herewith another in stallment of expressions of this char acter, gathered from all sections and from papers of all political shades of opinion: The Prospect Brightens. Either because the business men have taken heart from the comforting assur ances of Secretary Gage and the reason able certainty that a new tariff law will be in force within a few weeks, or be cause better times had to come in the natural order of things, there is a definite and unquestionable improvement in the business situation. There are so many in dications of this in so many quarters that It Is idle to deny thnt a change for the better is taking place. There are indus tries which have not revived as yet, but their turn will come. There are some which always lag behind in the proces sion. Chicago Tribune (Hep.). Good Plrns. Thnt business Is getting better Is evi dent from many signs. The financial re views and commercial agencies publish reports from ail parts of the country which indicate this. The reports of rail roads show increased earnings over those of the same period last year. Another Significant and hopeful sign is the fact that the money now in circulation in this country Is f i;iS,149,G12 more than the cir culation one year ago. the total amount In circulation last Saturday being $1, 659,733,605. The absence of speculative interest is not an unmixed evil. It indi cates that what improvement is taking place in business is healthful. Atlanta, Journal (Dem,). Plow but Pnr A slow but steady gain in harness with d advance In prices, an Increase in the number of hands employed and growth of new orders, and an increase In the amount of work done are pointed out by "Dun's Iteview" in its last issue as a renewed evi dence that business Is improving. A study of the newspaper sentiment of the country expressed in the publications of ail sentiments shows a concurrence in the belief thus expressed that there is a mark ed and general improvement in the busi ness situation. Pdtverltee Are Hnmh. Trices cannot rise so long as the gold tandard obtains." That was the asser tion made with endless persistence by the silver ktandard orators and newspapers last year. Tb basal proposition of Mr. Bryan was that commodities could not reach higher values save through the free coinage of silver. What do we now see? Wheat has advanced, lo the face of re ports indicating tremendous yield this summer, la the graxing regions sheep have nearly doubled in price since last year. Wool has gone tip fifty per cent. The cattle market is good. In the general market there Is an upward movement. The impossible has happened, then. What do the free coinage advocates sny about the condition that now confronts Ihero? Precisely what anyone would expect them to say nothing. Cincinnati Tiuies btsr (Hep.). Fa'th la LnoVIng Vn, According to Iun & Co., the business fond i ti.in are gradually shaping them Ives about the same as ihey were in 1711. Just previous to remarkable ad vance in business pririty. This view may be of the roseate order, but It la based on facta and figures which the able re porter thinks Justify tt. It teem a allium! Incredible that the volume nf bin1 no now larger thnn it was In lVl'J-the y,nr cf greatest prosperity ret such L the verdict of Pun & Co. lint the volume of profits is niucb smaller, making the vol ome of proierilj rorri-mtiiiing:y les. A very large share of the present tolunie of business la the importation of foreign goods under free trade and low land 'schedules. This harms rather than helps American enterprise- and the labor there. In employed, or which ought to he therein employed. We may do a tremendous business In flooding our markets with foreign goods to the Hrltis.on of the pro. duds of cr own labor, but there is Do prosperity lo our country In that kind of business. Cast uiontli't record of hosi area failures is det i.Jedly encouraging, showing, as It does, a Urge decrease in comparison with previous and correspond, itif months.-Detroit Journal (It. p ). dsns f Cheer. The business sentiment Is nndouhtedly arrog-f. There are many reason f,,r hopefulness. Not the lesat lmi.nti re cent happening h ben the assurance of rWcreary Csge thst the FraWal admitils trstion would not forget the "mandste of tbe people, bo voi-e la behalf of bon es money and sound finance rang out tutid and clear la November last," Cur. rmf ttefwrs la viuj u b aa.se scur- ity: and It Is helpful to confidence to have official reassurance that tariff tinkering is not to be the last of administrative ex pedients, for the removal of business dis trust and depression. There are other grounds for commercial cheerfulness. Business failures are lessening in number and importance. Commercial loans are expanding; bank clearings are increasing, and the transportation companies are earning more money. The end of tariff uncertainty is drawing near; the impor tant crops all over the country give prom ise of abundant harvests; productive costs in the great industries have boon crowded to the apparent minimum; there is less reason to fear further important price shrinkages; the storekeepers' shelves, as a rule, hold no unwieldy accumulations of stocks, and labor is- becoming more gen erally employed. These are favorable con ditions for a sustained revival of busi ness. Philadelphia Record (Dem.). Petter Times in the West. Mr. E. V. Smalley of St. Paul writes to the New York Kvening Tost the results of his observations on a recent trip of a month from Chicago to Portland, Oregon. He stopped at various points on the way, thus gaining opportunities to gather re liable information concerning the business conditions, and his conclusion is thnt trade is everywhere improving not much, but to an appreciable extent. The rail roads, he says, report a net gain in re ceipts from freight, but none worth men tioning as yet from passenger earnings. Bank deposits are increasing and collec tions are easier. People are paying a little on their old debts carried along from boom times, and there has been a great deal of liquidation from foreclosure. All the solid industries are doing fairly well. Prices are low and profits small, but the close economies practiced enable projec tors to come out a little ahead. Improved Trade Conditions. The mercantile reports for the past week leave no room for doubting the fact that signs of marked improvement in busi ness conditions are discernible on every hand. The unexpected progress made by the tariff hill id the Senate, with the pros pect of Hn adjournment of Congress some time in July, together with the optimistic speeches of Sccretury Gage, in which he gave the country assurance of ultimate relief from certnin admitted defects in our financial system, have all combined to make the trade record of the week a most satisfactory one. That the hopeful and encouraging utterances of the President and his Secretary of the Treasury had a marked influence on trade conditions was evidenced by the increased foreign de mand for American securities. Chicago 'iTuiea llerald (Iud.). Rnslness Fltnat'on Better. There is no longer room for question on the proposition that conditions In the world of business hnve improved. While there may still be found Isolated case where the return of commercial activity has not yet broken up the long spell of stagnation, such cases by their rarity are but the exception to prove the rule. Bet ter, perhaps, than the actual Improve ment, which can be reduced to figures by comparison with the past, is the general belief that business has not only Improv ed, but that the Improvement Is lionnd to continue. President MeKiuley and See. retary tinge touched the keynote of this sentiment in their recent notable utter ances. The far-reaching effect of these speeches became evident when advices lie gan pouring In from abroad to the effect that American securities were In strong demand. Foreign capital, keenly anxious for the right moment to arrive, has seized the opportunity and in a measure led the way lo a prai-tic.il demonstration of reviv ed confidence. The enhanced value of all securities quoted on the Stock F.xch:in? Is but a barometrical Indication of this altered condition. I!cprts as shown by railroad inniing still hear witness to the growing Increase of trade. Individual lines of business, t o. almost without 1 1 ception, acknowledge the same slate of affairs Not only is this manifest in the larger manufacturing Industries, such ss clothing, hardware and hoot and ,,, a. but the nmre limited branches d pendent entirely on the general iroM-rity of the commercial world report a gratifying in crease in the volume of tiuaincM on which estimates art aked. -Chiiao I'ost (Iud.). A Gool K simple for the I'enpto, Among the solid facts on which rc talions may be based are the Hnlter.n rri.p prospect. President II 11 of the tirest Northern Is quoted ss predicting that the wheat fields cooiriliutory to his Inns will furnish !UHUl bushels of gram this season for transportation, ami the mat,, Biicrs of olher lines contribute equally favorable Information. The Johncr say that the supply of manufactured good, which msy I counted among f, f,ri.r. sri.-s of bf is generally exhausted i throughout the country, in I that the pm. ! i.!. must bur and the mills in ii si p.. operation to meH the demand, which w : bring Into circulation the tii,i ions f ,,, Isrs tint hae been boarded through the hard ti oes. It would be Well ,f ; p'e. everywhere, would imitate the i li... r. fill and iipuii s'tc tone of the Pn s,,enl sud niro.twrs of his admin stfVloii, let tin hi wilhdiaw their gnu i en i1... irk ai d gl'H ii.r a ! t tip n w h,rh it Ins dwell for seiitsl jesrs p.isf an I In'.. in iv themselves to Souk trig .po the lr .-nf .. of lUiii.-s It Is Well kbowii tiisl almost iky Biii in jvJ Ua.b uLt b u,i I tj iiAi-e. i t THE THE Interior Department Building, a view of which is presented herewith, is one of the Interesting and always sought after sights in Washington. In it is located the Patent Office, containing the models -which the Government re quired for years should be furnished with applications for patents. The accumulations of these interesting and in many cases curious models for proposed machines form one of the most unique museums of museum-filled Washington, for po city in the country has so great a number of museums as the capita! of the nation. The Interior Department Building is a large white marble structure, covering two entire squares, extending from Seventh to Ninth streets and from F to G streets. While in its construction little attempt at ornamentation was mnde, its plain and severely classical exterior always attracts the attention of those who are so fortunate as to have the oppor tunity of studying its architectural lines. Within it is a busy place. Its main floor is occupied, first, by the office of je Secretary of the Interior, Hon. Cornelius N. Bliss, and adjoining this the offices of the assistant secretaries and olhers of the Secretary's personal staff. The northern front is occupied by the officials of the Tateut Office, and nl the northwest corner is the office of the Commissioner of Patents, Hon. Benjamin Butterworth. Stretching down the western end of the building are thqfoffices of the Division of Public Lands, and in the southeast corner are the rooms of the Commis sioner of the Genernl Land Office, Hon. Bi nger Herrmnn. formerly member of Congress from Oregon. Those are always busy rooms, for there is from morning till night a flow of members of Congress, attorneys rnd others passing in nnd out. in teresting themselves in matters pertaining to land claims and the distribution of public lands to those who are establish ing homes in various parts of the country. Ppon the floor above is the model room of (he Patent Office, which is always the subject of much interest. The Pension Bureau, which is a part of the Interior Department, occupies, as is well known, a building erected exclusively for its use, which is located only a couple of squares away from the "interior De partment, and connected by telephone and other conveniences, making it practicable for the officers of the Interior De partment to speak with their subordinates at the Tension Office at any time they may choose. if, his friends, through a concerted move ment, were to make a point of telling him every time they met him how sick he look ed. The imagination is a powerful motor. When everybody one meets talks of hard times, a tinge of melancholy is created which overspreads the whole community. This cloud can be dissipnted by cheerful talk and by considering the really favora ble factors of the situation. Minneapolis Tribune (Hep.). The Rrlahtenins Outlook. Democrat and anti-protectionist though he is. Senator Gorman is too good a poli tician and too shrewd a business man to maintain a hopeless resistance to the Re publican tariff bill. There is new hope In this for every legitimate branch of busi ness. It means that it will not be neces sary to wait until autumn to get a taste of better times. It means that the new tariff will have a longer period in which to work out its results and vindicate itself before being put to the test of a congres sional election. This prospect that the new tariff will go into effect with the fiscal year is a bad thing for Ilryanism. but It is a gnod thing for the merchant, the man ufacturer, the farmer and the wage Burn er. Boston Journal (Kep.). tTninistnknhl" in. There are unmistakable signs of a re turn of prosperity in the Iron and steel mnnufneturing centers of the country. In the opinion of (he Cleveland Leader. All around Pittsburg there has been a re sumption of work In most of the mills and factories, and the same reports come from the Industrial cities of eastern Ohio and western Pennsylvania. There was a re vival just after the election in November, due in the ninin to a restoration of coiifl demss, but the people were not fully pre pared 'or a complete return to commer cial and industrial activity. They hnd felt the effects of the depression too long to recover from it suddenly, and it was not to be expected that building enterprises, which are the surest revivers of business, would be undertaken at the beginning of winter. With the opening of spring It will be different, however, ltig projects which have been delayed by (he panic will now be pushed as soon as the weather permits aiol before the lirst of April there is cer tain to tie a distinct Improvement iu com mercial and industrial conditions. Kverv 1,'ne la I m (irov'n-r. One of the commercial agencies calls attention to the fact that there is a re markab'e similarity between the course of pr'ocs now and in the earlier month of IS"'.!, "when the most wonderful advance in production and prices ever known In this or sty other country was close at hand." In that yenr consumption gradu ally gamed, month by month, until sud denly the demand outran the supply. The Iron industry I expanding Its production and is getting Inri-er onl rs. The pr.ee received are not high. Neither are the wages which are paid. I'-nt there i em p!otncnt for nun who were Idle last year. The manufacturers of woolen goods have Increasing orders, lee,rt come from ail parts of I he country that the retail dis tr. billion of product is unusually large and tiM-rcAsing. Al this in-itn.-nt the vol ume of business transacted la larger than In the prosperous year l'.i'J. Before many weiks lie e'aped the toium u ,11 be very tuuib larger. Cbiisgii Tribune (i:pb Most Oral frlnit Change. The aunt gratifying chanie spearing in financial nri lee Is the evidence of In creasing commercial dmiand f,,r loan. The bank sta'enienl showed sri increase In the h.an it. tn of I. IKMMi, at.d It is be. i,evcd "list inosl of this an tnn le up of mercantile '!,sci,hi.u. the linpiiry for Which last we.k an reported by the hank a larger than for ever month previoll. 'It"" must r, fleet InrKif busi ness, but a JH the to w 4,u -unlit it, t , done more large'y for com erus In ml n. (...ls than for n.anuf.i' furerr desiring to niske i,;i new ' k. Shl. li of ih liier centre d mst'd for money mini a from t), country ill the slmpe of noli ,,f ho lies ni t u w ith the eiidof no t, ,,f interior bi.k. and p" siin.nl.iy much of lies p -r is made f s.i.it Imported g ! m Im Ii Nt vik lias been 'srrj 'g, tut aiwli w iW5T3es.t lair 1- INTERIOR DEPARTMENT. are now being distributed through the country to those on whose orders they were originnlly engaged. New Yolk Com mercial Bulletin (Dem.). Basin for Confidence, The general symptoms developed in Wall street during the past week have been the most hopeful features witnessed for many months past. Without any spe cial stimulus or speculative effort, there has been a marked revival of buying oper ations and, with few exceptions, an ad vance in prices. Also, it is a notable symptom that several persons of emi nence and directly in touch with the farm ing interest and the larger industries have simultaneously expressed their views an the business outlook In unexpectedly hop. fill terms. Mr. Thomson, president of the Pennsylvania Hailroad; Mr. Gould nf the Missouri Pacific, Mr. Chatincey M. De pew nnd Mr. C. P. Huntington, who are among the foremost representatives of the railroad Interest In different sections of the country, have uniformly expressed anguine expectations as to the general outcome of the harvest and the prospects of busines at large. Similar estimates of the drift of the crops and of business have lieen made by Mr. Andrew Carnegie. Hon. Ibiswell p. Flower and Mr. Hill, presi dent of the Great Northern. Such a body of opinion, coming from men possessing the best source of knowledge as to condi tions and movements, constitute a basis for confidence which entinut be disregard ed. Weekly Financial Kevicw. Imirnrmcnt Will f-nrelv font'nn-. Some a'ress is laid on Former Post master (ii tiera! John Waiinmaki r's state ment that "the country is not prosperous," nnd that "since the outset of the last pres idential inmptiign the party pres and po litical leaders generally fixed the Novem ber election of 1MMI us the date of the be ginning nf g.Mid times." And the stutf nient follows tl.nt "thus far but one of the Important issue of the campaign is near lug settlement and hardly any improve ment of the w retched time is manifest." Mr. anaiiitiker draws erroneous eoiiclu. aions. No man in the country who was n all conversant with the trend of limi ne affair thought for a moment that good times could be made lo come Instant aneously, lint what did lake place Im inediatclv on the e'ection of Mr. MeKiu ley was ;he Immediate restoration of con fidence ami the return of vast numbers of workiiigincn to the avenue of labor an I trade. CradiiaHy, but surely, business ha I n growing be'ter. and the country only a nit the pns.nge nf the tariff bill to e down to a development of Ihe niaii'i-f.'M-tiir ng resource of the country, which will Hiiiinlnt ollor business.-Buffa u Ns Mud ). I nt cursvlnu ft vr'allnns, The Investigstii.tis of the Hon an nf f.. l or of thi State a to the indiisir al con dition In ihe three pnio ipiil citu hare r suited in some verv em rug ng revt-'g tioii. It appear that the tide of pro. rity for whi.-h nery one hn en so long w aittt g ha uiet'ya bis n rising, in aplte of assertion to the contrary, Tli investigation nf the bureau, cotnplet. only for Doluth. show ll ai In tint! city there I a te lin ri ae of i.'7 - r cent m the mi miser of emp'oje owr Ihe number iiipioicd al praetl, y ,, ,, ( !sf icir. So tar as the invratittatlon in St. Paul an I iiiroapolis haie ip.ne, it , !!id Ihe p n eiitasre nf n,,ri fully a gri n! a in Duiuth. "m h a in, ter al increase Is not only enci rug ut a ahowmg an litcn a-d demand f.,r itinti i. faetiind ar!, li-s. Im t tt i an ,..-r , nf an linfi as. d demand f.,r produet of s I k icls, sod more Important u li, a rrr,nii promise thnt ijeluaiiil will I I. hi hut. !,, (,,. rriase. Atniosl ry immif netur.iig !( dus'ry In Die S'a'e his found il noes. srt to ito reass- ihp n'ttnln r of oM-ra!,r -St. Paul I'.olner I'na ild-p, l'.r Man lefts It. There I rot a progress to (, nesa man la ban IVj w !,o d s i,.. fi , I oeee rhaerf il over pns.nl oiiSitiot, nd f,,. Inr pl.s. ts than b I ss ( .1 f,.f mil y !'. His (till tinj.il.il ri" i-gli tr in the uioeii, -nt - tt Is I . i r i tn. s is a , nn br r, Hot by f.s,ii f Mr. M, K.h M I tieiUuU Ht iiilj.i wf lUt 1 I .ti f ; .0 --s.ij.T'-n lit I tl I (T2 r bit as m nj---f sa - l a new tariff law, but because the nntural forces which control trade nre moving in thnt direction. There is everywhere a dis position to hold on to property In place of the inclination prevalent for several years past to sell. The shrewdest money makers In the country are seeking invest, ments. They are not liquidating. Un forced sales are at an end. Here and there, in spots, business records nre ahead of any previous reports for years past. Bank deposits are increasing because the net profits of trade and industry are growing and not because people are pulling idle money out of hiding plnces and putting it in bauk.-Kansas City Star (hid.). TniprnTed Tondltlo-i of Trade. There is no doubt of a change for the better; petsimisls may doubt and parti sana may swear, but the first wave of the returning tjdp f prosperity is seen and felt. The failures during May, 1.SH7. were less In number than In any one of the twenty-one month Immediately preced ing It; the ensh responsibilities of the firms and persons failing were less titan in any month since September. lS'.ll. The volume' of biisiness-ineniiiiig the weight in tons or measurement y yards -of goods sold In May, 1V.IT. was equal to that in the phenomenal year ISlrj. Hut the volume in cash was fur less; we still are in the era of ruinously low prices that paradise ,,f "cheap commodities for the workmen" (0 which the Democrat In vited us to enter, ami into which, unfortu nately, we did enter. And iH-cnuse the prices of things thnt are sold nre low the wagia of tho-e that make them are low. I. nt there are not nearly so manv idle men m May. 1.SH7, a in Mav, 1MM1. M,,re linos and factorie are in o ratioii now than then The demand for labor In- reas, , pcrceptibly.-Chicagu Inter Ocean (I. (p.). M-adv r.n n 'n liua'-esss. The gain in business continue, not w ithout fluctuation, and at the best mod erate, but yet distinct. It atilt In ,,nn ttties rather than price, although In some branches an advance in pricm pp, r mt on the whole Ihe number ,,f hnmU em p'owed, the volume of new order aJ Ihe amount of work done, are slowly in- r.asmg. Pro-peel, nf .., ,-,, ,,f wheal and corn help; growing ib-uiand from dealer, whose stoik gradually gainihg coiisiitlipl on dep'ete a 'so helps ami in the money and etehang,. market large buying ,f American securities ha an InflueiH-e. Money coming hither from the West even a late as .Inn, )i great crop near al hand, in.l.catea a healthy condition at the Wi t. Inde i lions of the volume of bustue. Br,. .,!,, in ( learn, g house e.ianges. nhi. l, , the week nee.d the Inst year's l 7 r 'lit. and In railroad 'armngs. w h , , amount in t!,P I . si-,,-, , a''oi. ' i H!l.7"iS.Pi7 r,n ron. Is npoii.d hr Dn-i's lievtiw for Mar. .'!..'! r..nt l(l(i.,.r ,(, In.i i ir. .11.-1 ..'I p.r . .nt t.irw, r th.,i, , lV.fJ - Waali.tiion pt ill, .,, ). Nearle I s tn the ,,,,,f ,,, Tli Volume of actual Ir.ni.a.-i j.o,, , n ,. Ill :ue a t. n'h amiiller th in ,t ( Ihe yiara of Ihe tr. ste.t pr.)N r.lv , n r aili.ne.l in ihe I tiiti-d Stfti,,, al-h,,,,-.', Ihe ..l,,. of p,i,u. 1,1. p'r. .'c'7. a nin. h l.m,r nn(i f pr,,c -j j, , t, rea-, whither hll'e Ho Im r ', , gr.a-'y i - r.cr,n, .. , j ( r paral) s,, Wl.aiMer e;.e o,,, ,,( reason . i d of the il i ,' B ..f in.ln.tr nl lu-Mii), h ..ltl,.i . ., ,( that I. is to .s Is para ) t. , !,, ,, t nits of a I rai'r.mils n ported ff M only 1' ,'t p. r . i,i .u.n ;. r tl.ati u, t. mot,! I, of Iv.rj. ...,, wlk ),., (i:.p . I.Hmlt-r l I n one tfs . In the ,-p i.(..n nf the luo,l f ,, n tt market Is gra in ly and ic., , i;,iilh. arolltld I I the ei.ht Uli.-e .f.,t,- , ', oloeln. II be HH.I,, !,,,, mtr ,, ,, ing al a !e w 1.1. Ii. iliiuk'i ,,i r ,p , (, l,rt.Tl'i(.!. ki ti. .nil.,, i.tf II... I.,, A see in t!ie stunt,.,,, ail1,, ,, i,i ,, j, j I if jt Hon, in 'n c t iu 1 1.1 1 .', i,, ,,j , ry lar tra n.l, i t , t l.i n !. i , r , , n, t ' Ij Is-. I, li'sde ' !--! . to ;t po i, s 'I ,, ; pni. !,. of ::. i'.ai,"i f,,i, ,,,.,,! , lt,.. latter pin of iy, a l.trje ! .: ) jt, ,H aJi.-d in.k.r t,sf iii wf i'.',t.'j,UijJ feet within a few days. Three other largsj transfers, ranging from 10.01)0,000 to 12, OiiO.tiOO feet each, have also recently been completed. Prices are now firm, in strange contrast to the demoralization that pre vailed a few weeks ago. Chicago Tinvea Herald (Ind.). Revlv"ne Trods. The change which has come over the face of things in the business world is unmistakable. The confidence for which everybody has been looking is here. It may lose its sharp edge by some unfore seen event, but it is hardly to be expected that any serious check will now occur. It seems to be taken for granted that there will be a tariff law on the statute book within a few weeks. Perhaps a month is too short a time to give the s'.ow ging legislators of the Senate. The as surance in regard to the tariff is the most potent inliiienr-e in giving more confidence, but the good effects of Secretary Gage's speeches have by no means worn off. eith er in the United States or abroad. Satis factory crop reports, increased railroad earnings and the statement of bank clear ings, which, considering the fact that one day of last week was a holiday, is fa vorable, are among the subsidiary influ ences thnt are making for faith iu the fu ture. Buffalo Express. """ Prosperity ot IInn-1. The time has come when to carp and cavil at the slowness with which pros perity Is returning to this country, after the depression of the past three yenrs, has lack of truth added to that mean mal ice which can rejoice in misfortune. Pros perity is coming, aud the slowness of its approach only means its snreness nnd its stability. There are signs on every hand that President MeKiuley was right when he said that the country is going not backward, but forward, and, that the steady hands and hearts of the American people are strengthened and encouraged by the immediate prospect of a revival of wholesome and profitable activity in all brsnches of labor, trade and business. The taunt of Populist Bryan that others beside himself regret his rejection at tha polls U as untrue as it is unpatriotic New V.-vk Mail and Express (Hep.). Imnrovlna Rtendlty. Secretary Gage's couviction of the Im provement In business, expressed to the Maryland bankers in Cumberland, has had a good influence, and has strength ened the growing feeling that a slow but permanent improvement is spreading over the country. His repetition nt Cumber land of his statement the week before in Cincinnati, that the administration was detfli o.lned to secure a comprehensive and permanent rectification of the currency, and thnt he had assurances from members, of Congress Hint at the next session a bill to that effect would be passed, has had a very decided influence in improving the general tone and Increasing confidence. New York Journal of Commerce (Dem.). Pn Is or I'rniii'so, "There has been a decided Improve ment," writes a Washington correspond ent, "in the financial situation since I was last In New York. All classes In the Industrial and commercial world feel en couraged over the outlook and expectancy has replaced the apprehension that had become the habitual condition of Ihe pub lie mind for the Inst three years. Th people you meet In the banks downtown and visitors from other parts of the coun try who gossip In Hip ,t,. rotundas all tell the story that, while the era of pros perity ha not yet begun, the signs of it approach appear in every direction, the most important being nn almost univer sal confidence that II Is almost here. Titers is confidence In the President, confidence that Congress will dispose of the tariff bill speedily and that the rates In the new schedule will he conservative yet ample for the needs of the ( iovcrnnieiit." Dun's reports are encouraging lo a degree; Brad ttieei's nre let pessimistic Hd decidedly more favorable, and the crop reports ar unusually encourjgiiig.-Urnud Kaiilda Herald (Kep.). I'rosp-r'tT la at Hand. !... -ylhlng thai la apparent points tu a rapid revival of prosperity thi fall. Ws are prom'.ed al, umlaut harvests, with bet ter pr,..a than for many year. If the farmer get good prices for III, ge crops it will make a demand upon our manu facturer for Iheir product. The wheels ut o.'lustry will revolve once more. There will be work for the unemployed, nnd ws shall hate that satisfactory condition for which we have yearned so long. We are not pessimist. We are exceedingly hope, fill of the future. The speech of Presi dent MeKiuley a! Ihe banquet Wednes day ijlghl was worthy the man mid the oc cruioii. Prosperity is at luiid.-Philndel. phia It.qinrcr (Hep ). eiilh feels the I m provt mnt. While Ihe general bus ne.a situation I somewhat hampered by the unci rtsinty attaching lo the lur.ff bill, there are not wanting een lh.it a gradual Improve ment in trade I. In propria.. It j iru that there 1 no d ,, ti to I , enter pr s ii tr. tor to put out new lines, until nil him erliiintii a rs lo the dilute tar tt ilul.es are rem. ne. I. but. In p e of thi, there i a f.i r uiotennni f..r a. to il en sumption ,, m n't ti I brum In . of Indus, try. With a fatoinli e i f .p outlook, there is i virt reason m ipect a good trade in the i-iit i .iun'y tr hiiinrt I i il, sec lion. tpei a'.t n. ei.untrv no r, !i int. nn I formers are n'rei lv ,n n f i i' pr, sporuu i ii id. I .on. 'I he im r. hnn Is lure have lak. in n.tt ii'tng nf ti e ri.i-tit do ,h t, earifiilj stiuly Hie p rob', .us wh.ih hava Ii In r iio.itatid againsi trule. ami it s I.. I. I.-. I tl.nt mill) of the Host a.r''.!, ilMo uit l ate In i n uteri nine I if .,ur!-. s me tiiinllis most ,t et c'.ips. t. f, li. the i top are read) (or luillke!- bit the ll eie rnspi i I i.f g, o I r .ps i,,, ir. ..j so (ti- o ill to i r ate i ont,.'i i . e mi I set tiie wheils of eoluioifee in lnot,. i. It th. r. f..re, col tub ni" bi ti. that an i tat -I tot. lie nt ,ii b' ,.i .s w , I be not, I Ir-.iu hint nil NtW lr en,, I'ojjiH.e 1 1 .u . I.ee -e lliiia Miti-t of t.n't-'e. I 'ink i ; if .u.-a .i.l tt r. k . re I n !i t, ,f 1 11... , f :sil.aiM li . ,,,. , ,. tb, ill w ii.i ll one il l) .1 ii, ;, . Hut the im lease on t t -. , ,,rri p o,, u i , k ,f li e pi t on 1 1 if t ,i a ii, i Ii ss t ' s a p.r tent. ,. Hi oilio 1 1 .s ol ,(., ijf ,,f s i 1 mo, ' .I" 'o.is 1 1 a s II to. i l- re- ,1) .. I l i lt H, I' hn. be, , so. 1 a ll- i ' . i ! e iu i i , t thai I.l tit . ii liiir, sr,iu,i I...,, HI.' tetj I a ' - e t i ( in ir!i,l to. Ihe troth is ihal , u toi.i ne of im r. ban i! e baa l id Ihe oi..uM of b,iiii s dons Ho, ii.,. s liol ion ptt ii ', ,' ,n ,,i , f! n n.l nt ifto.e m t I )rar, but at I V - b..t.r .r-ia ,t,,'i,a si,. i,,, m .. .ni in s d ivr .- t istattOiai LmIjuo (Du.y.