<4
Supplement
im proving ,
BUSINESS
-T O -
FAVO R A 5LZ
R EP O R TS
E V tK Y D IR E C T IO N .
MOKO O B SER V ER .
FRO M
T i n R M » I A ............................ A I’ H I I . H. | M H
D e m o c ra t. an d
R e p u b lic a n s U n ite In
U s l c o « i a B th e
INAUGURAL ADDRESS
H y - M a n y Id le
D a w n in g
M ills
and
P ro s p e r-
F u rn a c e s
A re R eopened.
W HAT
It
PEOPLE
ARE
ABOUT IT.
C o n t a in *
Com m ended
and
N o t a F a la e
A lik e
by
D e m ó c r a t a —E v e n
S A Y IN G
" e find In the S outh d a lly evidence«
o f a g ro w in g trad e re v iv a l, and being a
•a n g u in e ¡«eople, we h«q«e th a t an era o f
g ^u e ra l p ro s p e rity is at Land. In G e o rg ia
J th»- g re a t m a jo rity o f th e co tto n m ills are
ru n n in g , g iv in g e m p lo y m e n t to 4.< jia * o r
5.UUO people. W e have a bout 3.lAMl,(JiJ0
s p in d le * in o p e ra tio n , b u t 1 m ust a d m it
th a t the p rice obtaine d fo r ih e m a n u fa c
tu re d p ro d u ct is not s a tis fa c to ry . N ow
th a t tlie tin a ti, 1st question has been set
tle d fo r the tim e being at least, general
a tte n tio n w ill lie g ive s to tra d e co n d itio n s
w ith b e n e fic ia l resu lts. 1 do uot care, h o w
ever. to m ake any suggesnon* a* to how
tra d e can be im m e d ia te ly benefited. T h a t
w o u ld em b ra ce a discussion o f ih e ques-
tio n o f c u rre n c y re fo rm , to w hich I cannot
j d e vo te th e tim e a t present.“ —F ro m in te r
view w ith S e n a to r W a lsh . D e m ocra t.
N o te an d la
R e p u b l ic a n a
th e
B r itis h
S h o w M ild A p p r o v a l.
T h e inaugural address o f President M c
K in le y is a d o cu m e n t, th e s p ir it o f w h ic h
m u s t com m end i t to every lo v e r o f his
c o u n try , no m a tte r w h a t he m ay th in k o f
th e p o lic y th e re in o u tlin e d .
T h e re is
n o th in g b o a s tfu l o r e x u lta n t a b o u t i t ; in
stead. th e re is m«>desty a nd hope, co u
p led w ith a g r a tify in g d e te rm in a tio n on
p a rty p o licie s th a t a re w e ll defined. Res
o lu tio n s a re n o t a lw a y s a safe in d e x o f
p e rfo rm a n c e ; n e ith e r can au in a u g u ra l
address be accepted as a g u a ra n te e o f
good deeds. B u t to begin r ig h t is some
th in g .—C o lu m b u * (O hio ) D is p a tc h .
'W
f 'F 'U
k r »
J ?
» •”
¡R
Busin» - • has been resum ed.
A t h r ill
ha» g ne th ro u g h e ve ry a rte ry and nerve
• f th e
mu. rc ia l w o rld . T he s p irit o f
i e n te rp ris e has gone fo rth . T h e sun is in
th e *k y and th e clouds are disappearing.
W ith m a n u fa c tu re rs it is becoming a
q u e stio n o f how m uch ra th e r than how
j lit t le to do. T h ia is a g lo riou s c o n d itio n
1 and in d ic a te s an a b s o lu te reversal fro m
th a t w h ic h o b ta in e d a y e a r ago. A lis t o f
I a ll the m ills and fa c to rie s w bn b have re-
i »utn«-d o p e ra tio n * since th e Novem ber elec
tio n w o u ld be a ve ry lo n g one and the in -
I « rease m th e ir n n n ile r w ill co n tin u e on-
i q u e s tio n a b ly
th ro u g h o u t
th e
spring
• m onths.
T h e collapse o f th e iro n pool
, seems to have been th e d e te rm in in g fa c to r
; in th e s tim u la tio n o f in d u s tria l energy ev
e ry w h e re . and th a t w as b ro u g h t about by
th e im |»act o f an irre s is tib le demand up
on th e a ccu m u la te d stocks. E v e rjb o d y ia
now g o in g to m a rk e t.— M acon (G a.) T e le
graph tDeaz.).
« ¿ i.
A B u s in e s s A d m i n i s t r a t i o n .
P re s id e n t M c K in le y gives e ve ry g u a r
a n tee o f a business a d m in is tr a tio n th a t
a n in a u g u ra l m essage can expresa. L ik e
h is le tte r o f acceptance o f th e R e p u b lica n
n o m in a tio n , h is fir s t c o m m u n ic a tio n as
P re s id e n t, addressed to th e people, is re
m a rk a b le f o r its s im p lic ity o f s ta te m e n t,
it s wholesom e and w elcom e free d o m fro m
rh e to ric a l pretense, and th e s tro n g a ir o f
com m on sense t h a t pervades it. W h a t h *
has to say th e P re s id e n t says b rie fly and
p o in te d ly , and w ith o u t w a ste o f w o rd s
la in tro d u c to ry p h ra se o lo g y.— N e w Y o rk
_ 1
»-W -z
T -Ç T
«i
___
Advertiser.
N o t a F a ls e N o t e .
P re s id e n t M c K in le y has g ive n th e p u b
lic an in a u g u ra l w ith o u t a falae n o te o r
an a m b ig u o u s sentence.
I t ia d e a r,
s tr a ig h tfo r w a r d , s y s te m a tic and fo rc ib le .
T h e re ia n o th in g m e re ly p e rfu n c to ry
a b o u t it .
H e recognizes th e d iffic u ltie s
t h a t have been heaped up d u rin g th e long
depression, and f r a n k ly says th a t re c o v
e ry * * i l l re q u ire tim e , even w ith wiae leg
is la tio n .
H e fir s t o f a ll discusses th e
fin a n c ia l s itu a tio n , because th a t is u p p e r
m ost in p u b lic consciousness.
A n d he
fa v o rs th e c re a tio n o f an e x p e rt co m m is
sio n to c o n sid e r th e re v is io n o f th e c o in
age. c u rre n c y a nd b a n k in g la w s.
T h e P re s id e n t w ill a lw a y s h o ld h im s e lf
re a d y to co-operate w ith o th e r g re a t com
m e rc ia l p o w e rs f o r in te rn a tio n a l b im e ta l
lis m . b u t u n til such co -o p e ra tio n can be
secured. th e s ilv e r coined and th a t m ay
be coined h e re m u s t be k e p t c o n s ta n tly at
p a r ity w ith gold. T o th is a ll o u r resources
a re pledged, and th e pledge m u s t be k e p t
— P h ila d e lp h ia N o r th A m e ric a n .
A B o t in e s » - L i k e D o c u m e n t .
P re s id e n t M c K in le y 's m essage
ia
a
s tr a ig h tfo r w a r d , b u sin e ss-like do cu m e n t.
In w h ic h its a u th o r has c le a rly expressed
w h a t he had to say. and has e v id e n tly t a k
en m ore p a in s to c o n vin ce th e re a d e r th a t
he m eans w h a t he says th a n to in d u lg e in
h yp e rb o le a n d o th e r re d u n d a n cy o f phrase.
— P o rtla n d E xp re ss.
THE
“ P u t th e b u ild in g r ig h t
her*.**
su id
P re s id e n t Ja ckso n , th ru s tin g h is cane in
to th e g ro u n d , a h u n d re d y a r d * east o f
th e W h ite H ouse, w hen, in lK i iL a lo
c a tio n f o r th e T re a s u ry b u ild in g w as to
be d e te rm in e d .
T h e F e d e ra l g o v e rn m e n t w as tr a n s fe r
re-1 fro m P h ila d e lp h ia to W a s h in g to n in
th e y e a r 1S0Q. I t to o k six days th e n to
m ake th e t r ip fro m P h ila d e lp h ia to W a s h
in g to n . w h ic h ia now accom plished
in
th re e ho u rs. T h e T re a s u ry w as lo ca te d
in a p la in th re e -s to ry b u ild in g w hi«b bad
been erected fo r th e purpose, fa c in g on
13th
stre e t.
la
1»»4 th e business
had so g ro w n th a t a new b u ild in g w as
necessary, and one w as erected a t th e
e n o rm o u s cost o f $12.600. and w as h e r
alded to th e c o u n try as e sp e cia lly m ee t
in g th e re q u ire m e n ts by reason o f th e
fa c t th a t it w as “ fire p ro o f.“ In A u g u s t.
1814. h o w e ve r, th e B r itis h p ro ve ,! th a t
th e re w as a lit t le m is ta k e » bout th ia , fo r
th e y b u rn e d th e T re a s u ry b u ild in g , as
th e y d id th e C a p ito l a nd W h ite House,
w hen th e y en tere d W a s h in g to n A u g u s t
14th o f th a t ye a r. T h e T re a s u ry w as
th e n tra n s fe rre d to a g ro u p o f b u ild in g *
in th e w e ste rn p a rt o f th e c ity , w h ic h
w ere k n o w n as th e “ seven b u ild in g s ."
A * soon as p ra c tic a b le a n o th e r b u ild iu g
w as erected, w h ich w as in 1*C3 d e stro ye d
by fire , and a la rg e a m o u n t o f v a lu a b le
p u b lic d o cu m e n ts lo st. T h is w as f o llo w
ed by co n sid e ra b le c o n tro v e rs y am ong th e
people, w h o th o u g h t th e y o u g h t to have
a say in th e lo c a tio n o f th e new T re a s u ry
b u ild in g , and it w as to end th is fa c tio u s
q u a rre l th a t P re s id e n t A n d re w J a ckso n
p la n te d h is cane in th e e a rth ju s t east o f
th e W h ite H ouse, and issued th e o rd e r
q uoted above: “ P u t th e b u ild in g r ig h t
here.“
A t least th is is a lo c a l tr a d itio n ,
a nd nobody seems disposed to d is p u te its
accuracy.
T h e c o rn e r stone o f th e present b u ild in g
w as la id in 1 0 4 by S e c re ta ry o f the
T re a s u ry I^evi W o o d b u ry . T h e o rig in a l
h is p o lic y on th e m oney so d t a r if f q u e s
tio n s by d e c la rin g th a t o u r c u rre n c y la w s
need such re visio n as w ill p la ce o u r m one
ta ry system on a safe and e n d u rin g basis.
a nd he th e re fo re recom m ended th a t C o n
gress cre a te a co m m issio n to ta k e u n d er
e a rly c o n s id e ra tio n th e re v is io n o f o n r
coinage, c u rre n c y and t a n k in g la w s. In
case th e p o w e r to a p p o in t such a corn-
m issio n sh o u ld be vested in th e P re s id e n t
he pledg«*» h im s e lf to a p p o in t p ro m in e n t
and w e ll in fo rm e d c itiz e n * o f d iffe re n t
p a rtie s , whose k n o w n a b ilit y and sp ecial
fitn e ss w ill com m and p u b lic confidence in
th e re s u lts o f th e ir d e lib e ra tio n s . A s to
b im e ta llis m , he w o u ld la t» ,r to secure it
b y co -o p e ra tio n w ith th e o th e r g re a t
c o m m e rcia l p o w e rs .—S t. P a u l P io u e v r-
Prosa.
___
th e re c ip ro c ity tre a tie s in fo rc e u n d e r the
t a r if f a ct o f is t s i. b u t d eclares th a t th *
s a tis fa c to ry t r ia l o f re c ip ro c ity ju s tifie »
( th e g ra n tin g o f a d d itio n a l d is c re tio n a ry
p o w e r in t h * m a k in g o f new c o m m e rc ia l
tre a tie s , w ith th e end a lw a y s in v ie w o f
o p e ning new m a rk e ts fo r th e p ro d u c ts o f
o n r c o u n try by g ra n tin g concessions to
j th e p ro d u c ts o f o th e r la n d s th a t we need
and ca n n o t p ro d u ce .—C h ic a g o T irn e s-
H e ra ld .
,
C lea r on t h e C a r v e n e r Q u e s tio n
A n H o n e s t , S in c e r e M a n .
T h e a ddress m u s t, w e believe, im press
e v e ry re a d e r as b e in g th a t o f an e a rn e st,
ho n est, sincere m an, d e te rm in e d to do bis
f u ll d u ty . I t is also th e address o f a m an
n e a rly a ll o f w hose econom ic creed can be
expressed in one w o rd —'•p ro te c tio n .'’ B u t
p o ssib ly th e needs o f th e tre a s u ry and th e
c a u tio n o f co n g re ssio n a l leaders o f h is
p a rty less f u lly absorbed in th a t th e o ry
a nd p o lic y m a y m ake th e new t a r if f la w
m ore c o n s e rv a tiv e th a n i f th e new P re s i
d e n t's w ish e s h ad f u ll s w a y . E x c e p t fo r
th e excess o f xeal d isp la ye d in th is con
n e c tio n . M r. M c K in le y 's p ro g ra m w e re
g a rd as c o n s e rv a tiv e a nd w ise — lik e ly to
p ro m o te th e progress o f a r e tu r n in g c o n fi
dence in th e f u tu r e o f business I f f a it h
f u lly c a rrie d q u t.—J a c k s o n v ille T im e s -U n
io n , D e m o c ra tic .
H e S h o u ld N o t B e F m b a r r a s a e d .
T h e P re s id e n t o f th e U n ite d S ta te s c a n
n o t m ake good tim e s n o r bad tim es. H e
has no p o w e r to e n fo rc e th e c a rr y in g o u t
o f h is re co m m e n d a tio n s. B u t th e w h o le
to n e o f th e fir s t p re s id e n tia l u tte ra n c e
bespeaks a sin ce re s o lic itu d e fo r th e good
o f th e c o u n try . T h e re o u g h t to be no in
c o n s id e ra te o r v ic io u s o p p o sitio n to th e
p o lic ie s w h ic h th e R e p u b lica n a d m in is tra
tio n s h a ll seek to c a rr y in to e ffe ct. H a v
in g th e re s p o n s ib ility o f g o v e rn in g th e
c o u n try . It sh o u ld ha ve a f a ir o p p o rtu n ity
to g o v e rn u n h in d e re d by fa c tio u s d isse n t
on th e p a rt o f th e m in o r ity .— P h ila d e lp h ia
R e co rd , D e m o c ra tic .
K e e n th e B r it is h
M ild ly
A p p ro v e .
I t ia a p le a su re to read th e a p p ro v in g
co m m e n ts o f th e B r it is h press and B r itis h
b a n k e rs on th e in a u g u ra l message o f P re s
id e n t M c K in le y , even i f th e y a re sand
w ic h e d in w ith d is a p p ro v a l o f c e rta in sec
tio n s , w h ic h , no d o u b t, th e P re s id e n t ve ry
w e ll k n e w w h e n be w ro te th e m G re a t
B r it a in w o u ld n o t a pprove.
T h e y w ere
w r it t e n f o r th e A m e ric a n people, n o t fo r
th e E n g lis h , and. w ith th e e n d orse m en t o f
th e A m e ric a n people, it m akes lit t le d iffe r
ence to th is c o u n try w h e th e r o u r cousins
a cross th e w a te r agree w ith th e m o r n o t.—
B a ltim o re A m e ric a n .
B re a th e s M u r d y
TREASURY
P a tr io tis m .
P re s id e n t M c K in le y 's in a u g u ra l a d
dress is w o rth y o f th e m an. E v e ry sen
te n ce b re a th e s o f ro b u s t A m e ric a n is m ,
• t a r d y p a trio tis m and u n fa lte r in g d e te r
m in a tio n to do th e r ig h t th in g no m a tte r
w h a t m a y happen. T h e re ia no ta lk o f
w a r, no h is t o f re v o lu tio n , indeed, no n o n
sense in i t a n y w h e re .
B r ie fly e p ito m ize d , P re s id e n t M c K in
le y fa v o rs a m o n e ta ry co m m issio n com
posed o f b o th p a rtie s th a t s h a ll give a
c a re fu l and d is p a ssio n a te e x a m in a tio n o f
th e c u rre n c y system . H is idea, as he says
h im s e lf, is th a t w h ile “ o u r m oney is a ll
good now , its va lu e m u s t n o t f u r t h e r be
th re a te n e d .” I t s basis m ust be e n d u rin g .
P re s id e n t M c K in le y sta n d s re s o lu te ly
b y th a t p o rtio n o f th e p la tfo r m w h ic h de
c la re s in fa v o r o f in te rn a tio n a l b im e ta l
lis m . H e y ie ld s not one In ch in d e c la rin g
th a t i t s h a ll I * h is e n d ea vo r to secure it
b y c o -o p e ra tion w ith th e o th e r gr»w t com
m e rc ia l p o w e rs o f th e w o rld . A n d again
to th is he w ili ha ve th e su p p o rt o f th e
people.—N e w Y o rk C o m m e rc ia l-A d v e r
tiser.
__
F u lf ills t h e H l : h '» t K x p e c ta tlo n a .
T h e in a u g u ra l address o f P re s id e n t M c
K in le y fu lfills th e h ig h e x p e c ta tio n s
w h ic h had bccu fo rm e d o f th e p rin c ip le s
and purposes w h ic h w o u ld c o n tro l h is a d
m in is tr a tio n . H » sounded th s ke yn o te o f
BUILDING.
b u ild in g was o f fre e sto n e fro m V ir g in ia ,
b u t it has received a d d itio n * and e x te n
sions on e ith e r end. and th e we»t
side eomt>osed o f g ra n ite . T h e lo n g c o l
o n n a d e on th e 13th s tre e t fr o n t show s th e
p la n o f th e o rig in a l b u ild in g , w h ile th e
n o rth e rn and s o u th e rn end and w e ste rn
fr o n t are th e e xte n sio n s c o n s tru c te d o f
polished gTanite b ro u g h t fro m M a in e . T h e
b u ild in g em bodies th e m ost p e rfe c t G re
c ia n a rc h ite c tu re , th e lo n g co lo n n ad e on
13tb stre e t being a m a rk e d fe a tu re to
those fa m ilia r w ith it * appearance, w h ile
th e p o rtic o s on th e s o u th e rn , w e s te rn and
n o rth e rn fro n ts are s u rm o u n te d by p il
la rs o f th e io n ic o rd e r. T h e a d d itio n s to
th e o rig in a l b u ild in g w e re begun several
ye a rs b e fo re th e la te w a r. th e so u th w in g
i-e in g com pleted in i8 6 0 . th e w est w in g
in 1M B and th e n o rth fr o n t in 1W 7. the
cost o f th e e n tire b u ild in g being n e a rly
te n m illio n d o lla rs .
T h e le n g th o f th e
s tr u c tu r e is 442 fe e t, th e w id th 264 fe e t,
so th a t one m ust tr a v e l a b o u t a q u a rte r
GENERAL EM PLO YM ENT.
---------- —
T h is
W ill
G iv e
P r o s p e r ity
o f a m ile In w a lk in g a ro u n d it . th e lo n g
corridors w it h in its w a lls m ea su re mil»-»
in le n g th , and th e n u m b e r o f i»e«<»le w h o
a re d a ily e m ployed in its v a rio u s d e p a rt-
m e a ts is o v e r th re e th o u s a n d , w h ile m
o th e r b u ild iu g * w h ic b b ave I«een k-ased
f o r such p o rtio n s o f th e C o rk a» c a n n o t
be a ccom m odated w ith in th e T re a a u ry
b u ild iu g a re an a d d itio n a l th o usa xid o r
m ore. T h e em ploye» o f th is d » -p a rtw e n t
o f th e g o v e rn m e n t m ake a su!fi« ie a t uum -
ber to s to ck a re» p e cta b ly-sized « ity . F ro n t
10 a. m. u n t il 2 p. m. its d o o r* a re open
to th e p u b lic , w h o fre e ly v is it a ll ¡u rn s o f
¡1 except th e v a u lts w here th e tx tn d s aud
th e gold and s ilv e r a re k e p t.
T o these
v is ito rs m ay o b ta in a d m itta n c e b y spe-
r ia l o rd e r fro m th e T re a s u re r, a n d th e y
are v is ite d by m a n y th o u s a n d s o f t« -q ,'e
a n n u a lly . N e s t to th e Cap;t«»l a nd W h ite
H o u se th e T re a s u ry b u ild in g i« th e o b je c t
o f a tte n tio n fro m a ll v is ito rs , a nd th e in
te re s t in i t w a r ra n ts th e p re s e n ta tio n o f
th e a c c o m p a n y in g illu s tr a tio n .
1 Lion c n th e c o rre n e y is fixe d and fin a l.
It
is as d e fin ite and d is tin c t a * th e p a r ty ’ s
W ith o u t
R e fe re n c e t o O t h e r T h e o r lr a
creed ia re g a rd to th e r.g h t» o f s * v »-»»»« d
o r th e policy of prote«-ti *n to A m e ric a n
T h e an sw e rs to a ve ry general in q u iry
. re g a rd in g th e co n d itio n s o f business are
n o t ju b ila n t, b u t they a re bu o yan t aud ex-
i press th e o p in io n th a t »«»me im p ro ve m en t
\ is d is c e rn ib le . A lth o u g h de •■:»» co n tin u e
to lx- sb o w u ;o every m o n th ly s ta te m e n t
1 o f th e tre a s u ry , th e o u d it io n <»f the treas
u ry is s tro n g . T b * le s t ir.d n a tio n o f con-
fiden«-e is th e g ra d u a l in crease o f the gold
reserve in th e tre a s u ry . I t i» now n e a rly
3D per cent m ore th a n th e flOO.DUD.tlOO
w b icb custom h a * establiahesl as the lim :t.
A y e a r ago th e questUm w h ic h a g ita t« d
j th e business o f th e c o u n try « »» th e po»ai-
i b iiit y o f m a in ta in in g th e go'd reserve be-
cause o f th e ra . !» made u|»«n it. No one
, th in g so se riou sly d is tu rb e d the basin*»»
| o f th e c o u n try as th e fe a r th a t th e treas-
u ry m ig h t fa il to c o n tin u e g«»Sd paym ents.
T h a t fe a r ha» passed, and th e re ta rn o f *
1 confidence is rad ica te d in the preference
I o f those w ho have m«>ney fo r g re e n la c k s .
C onfidence :n th e m o n e ta ry s itu a tio n ia
th e fo u n d a tio n o f a il im prov« m ent in b u s i
ness. A n o th e r fa v o ra b le in d ic a tio n is o n r
I im p ro v e d fo re ig n c re d it. I to r se,-untie*
e re no lo n g e r r e tu r n in g fo r redem ption,
and th e d r i f t o f tra d e in o n r fa v o r has c re
ated a la rg e a nd .cvreas.ag ta la nee on ««nr
sid e o f ik e sheet. M a n u fa c tu rin g indus
trie s a re k m k tn g up. — In d ia n a p o lis J o u r-
! naL
T h e im p o s s ib ility o f e ve r e s ta b lis h in g ; in d u s trie s -
Republ.<-ani»tn staa«is f o r
a n y c o m m e rc ia l and in d u s tria l c o n d itio n * sound. hone»t d o lla rs , w o rth 100 c e n t* in
gold, as fir m ly as it s ta m is f o r th e en-
w h ic h w ill m ake e v e rjb o d y ric h and p ro s
In g e n era l tra d e the en co ura g in g sym p
perous b a * in d u ce d m a n y th in k e rs to f »r,’e m e n t o f F e d e ra l a u th o r ity and fo r
to m s c o n tin u e to o a tn u m b e r th e disco u r
ad o pt s o c ia lis tic n o tio n s in w h ic h th e y th e sii|>r«-macy o f th e n a tio n
a g in g
T h e net im pression o f the past
S e n a to r s T e lle r. P e ttig r e w . C a n n o n
d re a m o f a ¡«sternal G o v e rn m e n t w h ic h
w eek is one o f d is tiu c t ¡mprovem«*nt. T h is
w ill ta k e fro m th e ric h to g ive to th e pu«»r a nd t h e ir a sso cia te * have no r ig h t to t h “
is p a r tic u la r ly obvious, a * the d a ily d is
and keep op a c o n s ta n t and s y s te m a tic R e p u b lic a n nam e ao lo n g a * th e y p e rs is t
pa tche s ha ve show n, ia th e Ira n and steel
d is trib u tio n o f b e n e fits to th e e n tire po p u in th e ir present p o lic y .— E x c h a n g e .
N o th in g can be c le a re r th a n P re s id e n t la tio n . an u tte rly im p ra c tic a b le scheme.
M tu a ti- x
B«-**emer p ig im o . steel b ille ts
M c K in le y ’s m o n e ta ry view s as express«»!
a nd »teel ra il» h a v e a ll advanced in price,
T H E L O S S IN F O U R Y E A R S .
T o com e back to a reasonable and p ra c
: in h is in a u g u ra l addreaa. H * assures t i l *
u n d e r th e in flu e n c e o f s h a rp ly s tre n g th
tic a b le d e fin itio n o f p ro s p e rity it m eans
c o u n try th a t “ b im e ta llis m w ill have ea.-ly
Th,
F ig u r e s
A re
S im p ly A p p a ll- ¡ ened dem and, and there ba* been a re-
j and e arnest a tte n tio n .” and it w ill be h is th a t c o n d itio n o f a ffa irs in w h ic h th e e n
o p e ning o f m a n y idle m ill* and furnaces.
la * .
tir e able-bodied p o p u la tio n ia eugaged in
I e arnest e n d e a vo r “ to secure it by co-ope
I t Is itnp«isa»bie to c o m p u te th e e x a c t I — B o sto n J o n rn a L
p ro d u c tiv e la b o r a t f a ir wages.
W hen
ra tio n w ith th e o th .-r g re a t eomm»wcial
j th is s h a ll be re a lize d , th e re w ill he a geo- ' losses in flic te d on m a n u fa c tu re rs and |
F ro m every d ire c tio n corn«*» the cheer
! p o w e rs o f th e w o rld .“ — B ro o k ly n N e w *.
A P la in M a n ’a P la in T a ’ k .
j e ra l a c t iv it y in business, w ith m ouey lib , wage e a rn e rs u n d e r th e Ite u io c r a t ir fre e 1 in g new « o f th e s ta rtin g np o f idle shops
P re s id e n t M c K in le y indulge«! in no o ra
e ra lly in re s te d in th e d e ve lo pm e n t o f the tra d e p o lic y . E x c e lle n t a u th o r itie s p la ce 1 j aud m ills o r an increase in th e p ro d u c tio n
H is C o r r e n e y V ie w s A r e B ow w d.
torical flig h ts in h is in a u g u ra l address
th e average y e a rly loas in w age*, as com - ’ o f th<»»e a lrea d y in opera tio n .
T e s te r
T h e vie w s o f th e P re s id e n t on th is im n a tu r a l resources o f th e c o u n try , in d u d
y e s te rd a y .
I t w as th e p la in ta lk o f a
p o rta n t s u b je c t a re ve ry sound, and it in g th e b u ild in g o f ra ilro a d s , p a r tic u la r ly ‘ I‘« te d w ith th e a m o u u ts p a id d a rin g th e d a y th e t ’ andee ru b l-e r fo o tw e a r p la n t, a t
p la in , e a rn e st m an. B a t it had th e rin g
Ila r n s o n a t n o t lea* th a n ’ N e w H a v e n . Coon.,
“*
e m p . lo yin g - I . ——
’J d O
re m a in s to be seen i f C ongress w ill ris e in th e S o u th e rn S ta te *. O f course, there P t*»
o f th e r ig h t k in d o f In s p ira tio n —“ th e
to a p ro p e r c o n s id e ra tio n o f th e s itu a tio n w ill be m a n y persons w h o are d is s a tis fie d , F23o.ias»,(»»i. T h ^ w o u ld m ake a to ta l j h a n d s : th e H it verside Steel C m pany. n e a r
ch im e be tw e en u p rig h t th in k in g an«l
P a rk e rs b u rg . W Ya~ e m p lo y in g 1.S0M
and respond to th e P re s id e n t’ s e arnest b u t th a t w ill be th e o n ly g e neral p ro s lo»» in fo u r ye a rs o f #1.«■*'.<«»».(»■• to th e
d o w n rig h t a c tin g ” —w hen a fte r he had an-
m en ; th e F a rw e ll W o rs te d C om pany, a t
p e rity th a t w ill be possible in th is w o rld . w ag e e a rn e r. T h e s h rin k a g e in th e v a lu e
Bounced a p o lic y o f business re v iv a l he p ré s e n tâ tb«o o f th e necessity fo r rem e
o f re a l e sta te, ra ilro a d s and p ro d u c tiv e
P ro v id e n c e . R. I-. e m p lo yin g 508 hands,
d ia l m easures. H e fa v o rs th e c re a tio n by —New O rle a n s P ica yu n e .
s ta te d th a t he w o u ld c a ll C n g r s* to g t »
p n q w rtie » o f a ll s o rts it is lik e w ise im |*os
and th e s ilk m ills at Sooth N o rw a lk ,
I C ongress o f a m o n e ta ry com m issio n . <x»m-
e r a t once— to m eet on M a rc h 1 5 — B u f
T h e m oat C o n n ., resum ed w o rk a fte r a long period
p«»»e,l o f p n x n in e n t. w e ll- in fo r m a l c iti- l l r y a n 's M o n e y T h e o r y W o n 't H o ld . slid e to m easure a c c u ra te ly .
fa lo E v e n in g N ew s.
■ sens o f d iffe re n t p a rtie s , w h o w ill con»
T h e w h o le s tr u c tu r e o f B ry a n 's recent e o m p e te n t s ta tis tic ia n s , h o w e v e r, e s tim a te o f in a c tiv ity , and th e re p a ir sh«»ps o f th *
m and p u b lic confidence, b o th on acco u nt ta lk s is b u ilt upon th e th e o ry th a t w hen th e cost to th e n a tio n in th e f a il o f w ages N e w H a v e n R a ilro a d system in New H a
T h e C h a rt an d C om p »*» n i a p ’a.vcd.
I n a message so ge n era l in its c h a ra c te r, o f th e ir a b ility and sp ecial fitn e s s f o r th e m oney ia scarce tim e s a re bad. T h e best and d e p re c ia tio n o f va lu e s since M a rc h 4. ven. P ro vid e n ce. T a u n to n . Boston and
tim e s th e U n ite d S ta te s has e ve r had was lM K i. a t fro m th re e to fo u r th o u s a n d m ill H a r tfo r d , w h ic h em ploy 6.000 aien. have
th e re is ranch m<»re s ig n ific a n c e in th e w o r k .—N ew O rle a n s P ic a y u n e tD e m .t
In o th e r w o rd *, th e l>em - begun ru n n in g ten h* urs a day. T h e S il
w h e n money w as s ra rc e r th a n i t is n o s , io n * o f d o lla rs
e m p h a tic s ta te m e n t o f g e n eric p rin c ip le s
v e n n r t h e F i r s t T h in » ; N e c e a a a ry . rtntj
h ardest tiui«-* th e n a tio n has o c ra c y ’ s s tu b b o rn a tte m p t to reve rse th e v e r S p rin g bleachery. a t Providence, em
th a n in th e o ld s ty le o f message, in w h ic h j
th e P re s b le o t e n te r* in to specific e x p la n u - .
B y fa r th e m ost h o p e fu l sign on th e k n o w n fo r t h ir t y y e a r* w as w hen th e c ir- ,
p ro te c tiv e p o lic y o f th e I m te d S ta te * p lo y in g 33it hand*, and th e large y a rn
B oas o f h is protMvsed c o u t w o f a c tio n
h o n to n o f th e new a d m im s tra th m is th e c u la tm g m ed iu m w as a t its h ig h e st p o in t • * * * s u b s titu te fo r it th e policy o f fre e m ill* a t C e n tre v ille . R. L . e m p lo yin g 1.000
hands, have commenced to ru n f u ll tim e.
I f M r. B ry a n had said th a t ‘ ,r a *le - haa
’ h** A n ‘ *'r ’ <*«n P ^ ld e a sum
P re s id e n t M c K in le y w is e ly a vo id s la y in g assurance th a t P re s id e n t M c K in le y gives o f issue.
b e fo re th e p u b lic a d e ta ile d p ro g ra m at in h is message th a t th e re ia to be n«v im - tim e s w ere gixvd w h e n m oney w as p le n ti- t « ^ ° u l «sjual to th e expenaa o f p u ttin g | B e fo re th e present w eek c,o*es o th e r fa c
to rie s a ll o ve r th e N ew E n g la n d and M id
Ik e re b e llio n .
th is tim e , b u t he d is p la y s th e c h a rt and m e d ia te n in ld lin g by C o n g tvas w ith o u r ■ f u lly in c irc u la tio n , and bad w hen m oney
compass by w h ic h he w ill e n d ea vo r to m o n e ta ry system -n o tin k e r in g o r c o k i w a * hoarded a w a y , h is a xio m w o u ld have _ ^e l i f t y - f i f t h C«»ngress w ill le g is la te d le S ta te * w ill again be in o p e ra tio n .—
b lin g by in d iffe re n t fin a n c ia l m echanic». h w ||
n jfh t b u | <o hoh, |h a t |h e m ere fo r A m e ric a n p ro d u c e rs a nd n o t f o r fo r N e w Y o rk C o m m e rcia l A d v e rtis e r.
ste e r th e s h ip o f sta te . T h is le a ve * h im
____
_________________
new 1
act o f in fla tin g th e c u rre n c y w ill d riv e e ig n e r*. T h e soundut-ss o f th e c o rre n e y
G e n uine im p ro v e m e n t In busineaa doea
free d o m ______
o f a c tio
n w ___
ith in
c e rta in w e ll de- . fo r th e P * *^ *0 » at
fin e d lin e *, and th e lin e s a re so p la in ly , d e n t d e cla re * th a t a neceaaity e x is ts for h a rd tim e s a w a y is to fly in th e face o f his- w ill In* u n a s s a ila b le u n d e r a R e p u b lic a n not come w ith a ru sh , lik e th e b re a k in g o f
d ra w n th a t th e re is no d a n g e r o f th e c r a f t *>«e re v is io n o f o u r fis c a l la w s , and he tory.
a d m in is tra tio n pl«*dged to p re se rve th e a j-re a t dam . T h e g ro w th fo r some weeks
going a s tra v o r s tr ik in g u|>on th e rocks expresses a b e lie f th a t a system b e tte r
“ W h a t th e c o u n try needs.“ says M r. g>>l,l s ta n d a rd . T h e p ro s p e c t is lu m in o u s past has been m ore e n co ura g in g , because
w h ile so cool and le ve l headed a p ilo t is th « » th e present one can be d e vised: b u t B ry a n , “ is m oney enough to tra n s a c t its w ith
e n c o u ra g e m e n t.—N e w Y o rk C o m to n e a rly a ll lin e s it has been g ra d u a l and
now . he says, is n o t th e p ro p e r tim e to b u s in e s s ." W h a t th e c o u n try re a lly needs m e rc ia l A d v e rtis e r.
a t th e h e lm .—M in n e a p o lis T rib u n e .
m oderate. T h e ru p tu re o f th e steel r a il
a tte m p t it . —N e w Y o rk M o rn in g A d v e r
and o th e r c o m b in a tio n s in th e iro n buai-
is business enough to c a ll its e x is tin g
H e H a s t h e G o rx l W s h e s o f A l t .
M r . B r y a n ’s D ia m o n d * .
tis e r.
n«*ss h a t b ro u g h t o u t a v a st q u a n tity o f
m oney in to service. A c c o rd in g to th e re
I n some resp e i'ts W illia m M c K in le y e n
M r. W illia m J . B ry a n appeared b e fo re tra d e w h ic h had been held b a ,k . and has
p o rt o f th e C o m p tro lle r o f th e T re a s u ry
* e n t e n t t n a * C o m m e n t.
te rs office a u s p icio u sly.
H e w as elected
an a u d ience w h ic h a b o u t fille d fw o - set m an y th o usa n d men a t w o rk , w h ile
by th e la rg e s t p o p u la r m a jo r ity , except ! T h e message w ill add to th e p o p u la r irn- th e re are now I jt n g iu th e b a n k * o f the th ir d s o f C a rn e g ie H a ll in N ew Y o rk
th e alow b u t steady g a in in o th e r g reat
pr«**«ion th a t M a j. M c K in le y pomessea. in c o u n try l»etw«*en five and six b illio n s o f
one. e ver cast fo r a c a n d id a te fo r P re a i- ;
la s t n ig h t.
T h is frie n d o f th e “ to ilin g in d u s trie s has g ive n em p lo ym e n t to m any
an e m in e n t d»*gr«*e. th e g e n iu s o f com d o lla rs . P a ra d o x ic a l as it m ay seem, th is
d e n t. H is p riv a te c h a ra c te r Is a lio ve re
mon sense, and th a t he w ill m ake a p ru is u e a rly fiv e tim e s as m uch m ouey as m asses" and enem y o f p lu to c ra ts a p th o usa n d m ore, b u t th e f u ll effects w ill
p ro a ch . h is p u b lic ca re e r has been h o n o r
d e n t. *a fe . and a t th e same tim e pro- th e re is in e xistence, and y e t e ve ry d o lla r peared in b e tte r fo rm th a n w h e n he w as n o t ap p ea r u u t il th e increased purchases
able. and he w in s th e lik in g o f people w ho
H is g ir th is g re a te r, his by a ll these s w e ll th e d is trib u tio n o f goods.
o f it is a v a ila b le fo r th e tra n s a c tio n o f c a m p a ig n in g .
gr»***lve Fr«*sident.
come in c o n ta c t w ith h im . O w in g to h i*
busine«*. Business m akes its ow n money ch«*ek fill» *, o u t, and he had tw o d ia T h ia comes m ore s lo w ly and la te r, b u t is
A
lto
g
e
th
e
r
th
e
fir
s
t
o
ffic
ia
l
utt««cance
o
f
p e rs o n a lity and to th e c irc u m s ta n c e s a t
and is not de|»endeut upon th e a m o u n t o f m onds iu th e e xp a n sive f r o n t o f h is s h irt. a lre a d y a p p a re n t.— D u n 's R e view .
te n d in g his e le ctio n , he is therefor»* a t P re s id e n t M c K iu le y has th e rin g o f tru e
c u rre n c y set a flo a t by th e G o v e rn m e n t ao W h e n he w as c a m p a ig n in g he o n ly had
P re s id e n t M c K in le y can do m uch to in
m
e
ta
l,
and
w
ill
g
ive
g
e
n
era
l
s
a
tis
fa
c
tio
n
.
tended by th e good wish«** o f m ost o f h i*
lo n g as th e re is enough to fo rm a reason one. b u t as he is now ro llin g np ric h e s — s p ire confidence, b u t ta k in g the oath o f
c o u n try m e n in assu m in g th e hig h e st post T h e c o u n try is to be c o n g ra tu la te d .
and
is
not
d
iv
id
in
g
to
a
n
y
e
x
te
n
t
w
ith
able basis. W it h less m oney th a n at pres
in th e re p u b lic .— M e m p h is S c im e ta r.
T h e addr«*»s th ro u g h o u t is fre e fro m ent the U n ite d S ta te s tra n sa ct« *, b illio n th e “ to ilin g masses” —he can a ffo rd to be office a * P re s id e n t gave h im do m agical
p o w e r to b rin g to th e c o u n try u n iv e rs a l
o
b
s
c
u
rity
and
se
lf-co
n
scio
u
s
c
a
n
t.
I
t
is
i
W a r m W o r d s f r o m t h e S o u th .
a fte r b illio n m ore business in ls > 2 th a n in deck th e bosom o f h is s h ir t w ith ra re p ro s p e rity . T h a t depends v e ry m uch up
p ra c tic a l and w ill u n d o u b te d ly in s p ire
So f a r as th e new P re s id e n t s h a ll sta n d
l » * l . A s w e ll m ig h t M r. B ry a n »ay th a t and r a d ia n t gems w h ic h dazzle th e eyes on th e le g is la tio n o f Congress.
I f th a t
confidence and h elp th e la n g u is h in g b u s i
f o r those th in g s w h ic h w e believe to be
it i» im possible to m easure th e w h e a t crop o f th e hoti,*st c itiz e n s w ith lo n g w h is k e rs body f a ll* to enact th e la w * w h ic h he ha*
ness
in
te
re
s
t*
o
f
th
e
c
o
u
n
try
.
w
h
o
reside
on
th
e
b
a
n
ks
o
f
th
e
ra
g
in
g
o
f
th
e
U
nified
S
ta
te
s
Is*,
ause
th
e
re
a
re
not
rig h t, and fo r th e best In te re s t o f the
so c le a rlv su g g ea trt, in h is in a u g u ra l, hia
Pre*i«l«*nt M c K in le y lx*gins w e ll and he enough h a lf bushel m easures to hold it a ll. P la tte .
c o u n try , ao f a r the T e le g ra p h w ill en d ea v
a d m in is tra tio n w ill not be atte nd e d w ith
T
h
e
w
e
a
rin
g
o
f
d
ia
m
o
n
d
s
and
e
n
u
n
c
ia
is
e
n
title
d
to
a
f
a
ir
chance—
an
o
p
p
o
r
- K a n s a s C ity J o u rn a l.
o r to hold up his hands. So f a r a * he
th a t m easure o f general p ro s p e rity w h ic h
tio n o f th e p e c u lia r p rincipl«** M r. B ry a n
sh a ll fa il in theae th in g s so f a r w ill tlig tu n it y , unfetter«*«! by res e n tm e n t o r o th e r
th e in te llig e n t people o f th e c o u n try h s v *
aff#*ets.
do
n
o
t
go
w
e
ll
to
g
e
th
e
r.—A
lb
a
n
y
p
e
tty
c
o
n
s
id
e
ra
tio
n
,
to
im
p
ro
v
e
th
e
pre-
,
N
o
H
n
o
m
fo
r
“
S
i
l
v
e
r
R
e
p
u
b
lic
a
n
»
."
T e le g ra p h oppose h im . fo r th e tim e h a *
a r ig h t to exi«ect. T h e P re a id e n t h a * dona
____
T h e re is no room in the U n ite d S ta te s 1 J o u rn a l.
com e w hen th«-re should be m ore o f p a r v a ilin g c o n d itio n s o f in d u s tria l d is tre s s .
a ll th a t he can do fo r the present. H e has
T h e new Pr»**id«*nt’ s in a u g u ra l adl.-ess fo r a "R e p u b lic a n s ilv e r p a rty .” T h e l i t Hc«T«‘t a r y S h e r m a n Is a n A m e r ic a n . in d ic a te d th e le g itla tio n w h ic h he deems
tis a n s h ip baaed upon p a trio tis m th a n o f
p a rtis a n s h ip based upon »¡«oils.
T h e re h a * the «**i»ecinl m e rit o f be in g s h o rt, b u t tle c liq u e o f fre e coinage S e n a to rs and
T h e re w as no d o d giug and no trim m in g necessary and he has ca lle d Congress to
w as a tim e , not lo n g ago. when it w as it is p re g n a n t w ith w ise a m i f it t in g stig- R e p re s e n ta tiv e s w h o have issued a “ c a ll” in S e u a to r S h e rm a n ’ s *|>eech a t the d in- m e a t T hose w h o are in f u ll accord w ith
d iffic u lt, on a c c o u n t o f a p ro s c rip tiv e p o l g«**tions on these va rio u s topics, iu w h ic h fo r th e c re a tio n o f *u«-b an o rg a n iz a tio n i tie r g ive n h im a t W a s h in g to n la st n ig h t him in C ongress w ill have b ills prepared
ic y a g a in st th e M outh, fo r S o u th e rn men he sketch«** in b ro a d o u tlin e th e m a in fea- w ill fin d th e ir e ffo rts » iitl«*ss o u ts id e o f by th e O h io c o n g re ssio n a l d e legation, l i e and w ill p ro m p tly m ake th e m la w s i f th e y
to m a n n e r-b o rn to s u s ta in any p o licy o f a tu re a o f th e p o lic y o f h i* a d m in is tra tio n . th e m in in g cam ps am i the s tro n g h o ld s o f faced th e C u b a n s itu a tio n m ore sq u a re ly are not h in d e re d by h o s tility in th s Sen
R e p u b lica n a d m in is tr a tio n : b u t a speech
A lto g e th e r th e tn<*s*age w ill leave th a t p ra ir ie P o p u lis m . T h e re g u la rly chosen th a n h is im m e d ia te predeceasor has ever ate. —E x change.____________ ____
d e live re d by M n j. M c K in le y to C o n fe d e r I fa v o ra b le im p re ssio n upon th e people and a ccre d ite d R e p u b lic a n n a tio n a l c o n done, am i he announced h is p o licy in
S m p tc io a s u
a te v e te ra n s o f V ir g in ia d u rin g th e c a m w h ic h is sure to fo llo w upon th e un«H|iiiv- v e n tio n . held in St. L o u is la s t Ju n e , em
te rm s th a t w ill p e rm it o f no s h u tlliu g in
lan dlord (to agent)—I w;sh you'd
paign and utteran«*e* o f h is publish«*«, to i o ra , d e c in ra tio n o f p rin c ip le s w h ic h P res- i p h a tic a lly demand«*! th e m a in te n a n c e o f th e fu tu re .
keep a chMe watch on the people who
th e w o rld a fe w «Inv* a fte r th e e le ctio u . ! id e u t M c K in le y i* «letermine»! s h a ll g u id e the e x is tin g gold s ta n d a rd and pie«lged
“ W e in te n d ." he said, “ to p ro te c t o u r
have that house on X street. I'm afra d
irre v o c a b ly c o m m it h im to a f a ir and lib 1 h i* a d m in is tra tio n .
th e w h o le p o w e r o f R e p u b lic a n is m to th«* i c itiz e n s , w h e th e r th e y I * ou land o r sea."
e ra l p o lic y to w a rd * th e S o u th .— M acon
they're up to som ething.
In a ll res|>e«*ts th e address is a mode) , w o rk o f n p h o ld iu g the honestv o f everv H e expressed th e o p in lo u th a t th e tim e
w a * not f a r d is ta n t w hen th e w h o le w e s t
T e le g ra p h (D e m o c ra tic ).
Ageut—W hat has aroused your suspi
diM-ument. T h e new P re s id e n t e n te rs up- A m e ric a n d o lla r.
Phis a c tio n was earn
on his ca re e r w ith Ihe b«*st wish«*« o f th e e-stly indorse«! by an o v e rw h e lm in g m a ern hem isphere w o u ld be un d er a rep u b cions?
l i c F a v o r « R e e l pr«»c«ty.
O n th e qu«**tion o f th e re s to ra tio n o f Auicri«*an ¡«eople. II«* has outlin«*«, a pol- jo r it y o f R«*publican v o te rs at th e tim e lic a n fo rm of g o ve rn m e n t, and he said It
Landlord—They haven't asked for
re c ip ro c ity th e d e c la ra tio n s o f th e P ra a i- i icy w h ic h , i f fo llo w e d , w ill m ake h is m i when it to o k place. T h e R e p u b lic a n p a r w as o u r g lo ry to b u ild up am ong o n r f e l any repaint this month. Cl« vela uj
d c u t a rc ca n d id and u n e qu ivo ca l, l i e i* m in is tra tio n a g re a t success.
I t means ty ra tifie d it w ith a b so lu te e x p lic itu e s s a t low re p u b lic * in N o rth and S o u th A m e r
Ledgur.
ica exam ples o f o u r o w n .
th e p o lls on N o v. 3. T h e R e p u b lica n posi
u o t o n ly iu fa v o r o f th e re -c u a c tm e u t o f , ptMue aud n le r tv fo r alL