Daily globe. [volume] (St. Paul, Minn.) 1878-1884, 1880-09-27
THE COMING CHANGE
No Danger of its Unfavorable Eject on anv
Business Except Once Holding,
philadelphia Times.l

NO Danger OF aus UnfavorabIe Eject on any
Business Except ONCE Holding.
| Philadelphia Times.l
WILL CHANGE AFFECT BUSINESS?
| The following communication comes from
an intelligent and prominent Republican
manufacturer of this city:
To the Editor Of tho Times
II is evident to all intelligent business men
that the election of General Hancock ia now
much moro probable than the election of Gen.
Garfield, and sympathize with many Repub-
licans of my acquaintance in desire to change
the political control of the executive power of
the government. The belief ia general that
long continued power has lowered the standard
of integrity and efficiency to the public service,
and that change in the Presidency would, for
tho present at least, result in tn. purification
Of authority, just as the change of Congress in
1874 has given the country economy aud over
thrown the ruling lobby Of the capital.
Bat will such change affect business iniur-
iously? On this point some hesitate who woul Id
be glad to dismiss offensive Republican politi-
cal power, as they dismissed offensire Demo-
cratic political power twenty yesrs ago, aad as
the offensive Van Buren political power was
dismissed twenty years before that. The Times
has discussed all such public questions with
candor, and aek its views on the probable eff
feet of Hancock's election on the business in
forests of the country.
A REPUBLICAN MANUFACTURER.
Philadelphia, Sept "a.
The election of Hancock would be no DO
litical revolution at all. Democratic Con.
crosses were elected in 1874, in 1876 and in
1878; Democratic President was elected in
1876 by popular majority of quarter of
million, and the Democrats are now in the
majority in both Senate and House. ALI the
legislation of the past six years, affecting
both politics and business, the re-
duction and funding of our debt, and
the restoration of the South to pros-
porous industry, has come from revolu-
tionized popular branch of Congress, and
that of the present Congress from a revolu-
tionized Senate, and commerce, industry
and trade have recovered from the revulsion
of 1873, when Republican authority was su-
preme. In 1876, when Tilden's election was
proclaimed by the people through the ballot
box, values advanced until the electoral
crime of Louisiana threatened anarchy.
There is now nothing to revolutionizs by
the election of Hancock but the Presidency
and that was done four years ago SO far
as the people could do it-as the present
legislative power is Democratic and the next
Congress is likely to continue the same su-
premacy.
There is branch of business that would
be seriously affected by change in the
Presidency, and that is the office holders.
There are one hundred thousand of them,
and they are the empty, noisy instruments
of strife. They, or their political associates,
have been in place for twenty years, and
they are correct in assuming that their bus
iness, which is the only business they think
about, would be violently revolutionized in
case of new political domination in the
White House. And the one hundred thou
sand Office holders are not alone in the peril
that threatens the only business they care
to protect. The Office holders are, as rule,
the dependents of leaders and bosses and
ma sters and men, possessors and expectants,
tremble at the thought of change il
business as they understand it. These are
the men who call meetings, lead parades,
contribute out of the public money for cor
ruption funds and party displays, and make
the most eloquent appeals on the stump to
the business interests of the country not to
allow change in the government.
Senator George Handy Smith sheds tears
over the business desolation that must fol-
low political change,l but Manufacturer
George Bullock votes for change to get
an honest administration. Prothonotary
William B. Mann, Clerk William r. Leeds
and Sheriff residuary- y-legatee John l.. Hill
shudder at the depression in business that q
change in the Presidency would produce,
but Thomas A, Scott, franklin @. Gowen and
the Packers, who are looked to by the hold
ers of hundreds of millions of legitimate in
vestments, believe that business will prosper
all the more when politicians learn to let it
alone. Collector Hartranft, Surveyor Good
rich and Naval Officer Pollock can become
heart broken over the peril to
business; but merchants, manu-
facturers and others who want
honest government and honest business 20
make an honest living know that a regen-
Grated public service would regenerate and
prosper legitimate business as we'll. The
office holders have reason to fear business
revulsion in their line if the political power
of the Presidency shall be changed, and
their protests against change are logical.
One other Aranch of recently created
but now well established and thrifty bust
ness will b, sadly broken up by change in
the Presidency. We refer to the political
mendicaDts and bummers who steal most OF
the money contributed by business men and
They are of various classes, and range from
the genteel professionals who rank
among Gubernatorial, Senatorial and
Congressional expec.ants down to the
petty precinct hummer who gets no
more than his taxes and his beer out of the
fund. This has become an immense profes
sion In the dominant party, as it had become
In the Democratic party twenty gears ago,
and those who are useful to the party and
too indolent to work, live off the contribu-
tions of trusting business men who are
alarmed by the prophecies of revulsion from
the political thieves. and allow themselves to
be robbed by those who profit by playing on
their fears. The business Republicans of
this city have been appealed to recently as
never before to subscribe to the profession
ais. They have done go, and the only con
ISOLATION the respectable contributors can
have to ease their consciences is that, instead
of being used to pollute the election in
Indiana, as it was knowingly given for,
most of it will be stolen before it gets to
its destination, and bat little crime will re-
suit from it. This branch of business will
be greatly convulsed by a change in the Pres
idency, bot there the convulsion will end.
Business revolutions are not the accidents
of popular election or Of Jay Cooke q
Co. failure. They come as effect follows
cause under all administrations and all po-
lit ical rule. When the body polite become,
corrupt business shares its deceased stimu-
lus, and feverish prostration must follow IN
the fullness of time. 1t was not because
the Republicans were in power in the city
State and nation that the panic of 1873 came
with its intellectually distress, bankruptcy and
want; it came because the long season of wild
speculation, of political and social profit .acy,
and of general decentralization, had brought
its inevitable reckoning. It was not because
the Republicans we're in power that lawless'
ness ruled in the great central States; that
the rioter possessed our grand Highways
| from Tho Eaafoxn uoalt< fha Eathar Of Wafara