New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1883-12-04
FIAT BUSINESS MEN THINK or CARLISLE.
ELECTION OF A REPUBLICAN PRESIDENT HELPED
NO RADICAL TARIFF CHANGES EXPECTED.

ELECTION OF A REPUBLICAN PRESIDENT HELPED
NO RADICAL TARIFF CHANGES EXPECTED.
The selection of Mr.. Carlisle rs Speaker OF
OF Representatives wasregardcd In wall street
yesterday with great cOmplacency II was common
sentiment among Republicans that 1t almost insured the
election of Republican President year. II Is I'm
probable they argued that any radical changes In tho
tariff can be made at this session OF Congress- but the
election Of Mr. Carlisle makes the issue plain one
there should be any disturbance OF the tariff or II the
Speaker should fail agtate the subject either contin
gency would be likely to help the Republican party
John A. Stewart. president OF the United States Trust
Company said 81 am pleased with tho choice of the
Democrats because love TO see honesty and Justice IN
political matters. Mr.. Carlisle represents the predoln
nan opinion of his party and it right and just that he
should be elected Speaker There Is no doubt that inc
bulk OF the Democratic party fully believes In
free trade and the majority ia honestly entitled TO be
represented by the abest opponents OF this policy
But anticipate danger TO the business OF the country
from Mr. Carisles speakershp have always observed
that men conservative they have responsible i
ties put upon them and, IN my opinion Mr. CARLISLE as
Speaker of the House OF Representatives. will not be the
same man that he when he merely the leader OF
,he minority on the floor That he will do something TO
reduce the revenues OF the Government am
sure and in that he will be supported by
many good citizens but do not IT., think aTg ,t 19a
think that the revenues are larger than they should De-
every effort 10 lessen them. To do would estrange
many airmnded voters who perceive that the treasury
Is accommodating money too rapidly reasonable rcduc
ton help the business of the country rather than
How will Mr. catll5les speakerShip affect the election
OF PRESIDENT"
Oh the Democrats sure to make mistakes enough
this winter make the OF the Republican parry
not only possible, hut highly probable"
BENJAMIN q. Clarke president OF the Thomas iron
COMPANY said In regard TO the choice OF Mr. Carlisle
We are greatly pleased with 1t here we have been
pleased ever since beard OF It, His election as Speaker
opens d fight for which thoroughly prepared II
MI Randall had been chosen should have been met
with tho statement that he was just as good
| "a protecti0nist as ARE but now we know what
we have to contend against. / am always In
favor OF heroic measures aud this fight over the tam
might as well come at any other time. | am not
afraid the result The people OF tho United States are
In favor OF protection and will have II; they would not
stand free trade png But with Republican Senate and
Republican President there IL little chance for the House
| TO accomplish much IN the way OF free trade"
"Wil the agitation Of tariff questions affect the iron
| business unfavOraby r. .
radical change in the tariff might dcmOralize the
about down har6pan aud business now Is very good
indeed We selling steel rails at S35 ton. and there
win be many more laid next year than we expected
month or two ago The price cannot go much lower for
TO save anything from that figure importers would have
10 get rails at about $l2 In England We shipped more
pig iron month than for several years and now
are waiting for from furnaces TO m orders
| / consider the business on good basis now"