Savannah morning news. [volume] (Savannah) 1868-1887, 1884-11-14
EFFECTS OFTHEE ELECTION
BUSINESS MEN PREDICT A RE
VIVAL IN TRADE

BUSINESS MEN PREDICT A RE-
VIVAL IN TRADE
A General Belief that the Policy of the
Countrv will not be suddenly or F1o-
Ieutlv ChRnged-Merchsnts Confident
nat Improved Trade viii Result from
NJ. C~Ieveland's Administrator
uumbsr q leading business men
sd merchants Of the city were called
mon yesterday b q reporter Of me
MORNING NKws and asked their opinion
-als+ive 70 the effect that the election Of
NJ. Cleveland and the return Of the
Democracy 70 power would have uponthe
General business interests Of the country.
All conceded IN saving that the condition
ID trade would have been a5 promising
with the election O. either Of thetTO lead
fug party candidates that were before the
urrrl-. ard that the business men Of 70 day
zers generally careful To make such IL
vestments u their capital that the mere
triumph n z party over an
another could not jeoPardiZe their
interests. The general opinion is,
now that the election excitement is over,
men viii give more attention 20 their
respective callIDgs. and trade viii IN
prove. perhaps slowly. with renewed
confidence IN every department.
Capt. John Flannery. President Of t1e
Southern Bank Of the state OF Georgia.
said: = cannot see that i makes much
difference % the business interests Of
The country whether Mr.. Blaine
o. NJ. Cleveland was elected.
Under Mr.. Cleveland there is a promise
that the administration Of the government
VIII Dc a. pure as ear reasonably Be hoped
FOR. The election caused a great deal Of
excitement in the county and nOw that
Il i over there is no doubt but that every
business man VIII resume his legitimate
business. confident that the current Of
trade will not be disturbed for several
months az least"
:. G-uckenheimer, OF the firm Of :. Guck-
enheimer i son. said: the country
has been 80 much stirred up
during the past few months. 0w-
ing 70 the issues made by both
parties. that Il has been difficult for the
merchant in the interior, as well as IN
large cities, 70 properly concentrate MS
ideas On business matters. The eject Of
the election Of Nh. Cleveland 70 the Presi-
dency VIII De most felt in this part Of the
c0unrrT / believe the government viii
be as well cared for IN his hands as IN
those Of any one who might have been
chosen % that high position, q the
PEOPLE Of the south. more particularly N
this vicinity. feel confident that better
times are coming. l believe the effect on
business viii be a good ~ Everything
viii resume its regular routine. and the
success Of the Southern people viii cause
/ renewed confidence and benefit 70 all"
Henry Solomon, Of the firm Of Henry
{ solomon < son. wholesale grOcers. said:
The election over. and almost every
/ enterprise, commercial or otherwise, viii
benefit by the tranquility that VIII nsue.
In this section at present. and IN the near
I future. the price Of cotton viii have a
greater controlling influence upon Ousi-
ners than anything else can. II the cot
I ton markets viii become stimulated, the
south may look for more trade and salts
+ factory collections. Labor viii soon feel
assured tina no disturbing element
can Exist 70 tamper with emanci-
patton. The cOlOTed people feeling
1 fortified in the ~sOuudness and stability Of
their freedom. viii 20 10 work with re-
Z newcd chaerfulness. adding their quota
70 the general prosperity OF the secaon
which IS more cOngenial than any other
o their well being"
The reporter then caliedO on Messrs. Her
B man Il Kayt0n. the well known provision
merchants. Nj. haytOn. IN response 10
the question as TO what effect the cleo
ton would have on business, said: None
whatever. The law Of supply and demand
regulates commercial matters. lis true
trade Of late has been somewhat stagnant
On account Of the election, but that was
Lecause men got excited OF neglected
their business 10 talk POLITICS
a REGULARITY in this free country Of ours.
where each man thinks his vote Is going
u decide the contest As soon as the
F election L over every man returns 70 bis
neglected vocation. accepts the Jesuit. re-
erets Il bis side has lost, ard hopes the
winning side viii not ruin the country
DON'T YOU think the change Of parties
viii disturb things somewhat
y In case either party was success
flI the Ountr is safe, though pre-
Gic-ed otherwise during the campaign.
or course some change is inevitable, but
then the result will more probably Be
Z beneficial than otherwise, z no one VIII
feel IL more quickly than those engaged IN
commercial pursuits. Even now al bonds
and stocks are advancing IN all markets.
showing the confidence in commercial and
investing circles Of the stability Of al
fairs
what do you think Of the orders given
certain manufacturers for nails, rails,
etc. 70 be filed in the event OF the cleo
/ ton Of Blaine. and countermanded in case
I OF the election OF Cleyeland:'
That was simply 'bOsn'-campalgn nom
sense. No sane man who knows anything
4 business would believe such stun. II
a railroad needs rails or q merchant
[ needs nails they VIII have them no matter
~ III mo- AE LALELLAs aLNNN<@1 800 VI
late themselves, and the country Will now
enter a new era Of Of prosperity, which
will be strengthened by the knowledge
that We viii have at the head Of our
I affairs a man known 10 be honest and
who viii be likely 70 surround himself
with some Of the best talent Of the
{ c0uutrv.'
you say some c1ange Is lleNilaDiei
whom then viii il anect:'
Mainly the ONCE holders. Crops, how
ever. viii be planted and gathered in their
E ur0per seasons, and If the haTTests are
I favorable the result viii be favorable 10
/ everybody. The term for which a Presi-
/ dent is elected Is too short for him 10 do
much. if aHy, damage.
Capt. /. J. Guilmartin said that there
Lad been an Oyer-prOductiOn in many
articles. especially wooden goods, and
I mat sea island cotton was selling for
I about One-half for what il sold last year,
and that though there had been an ad-
vance in cotton since the election, il was
/ not likely % reach as high ahgure as last
year. He thought il was a matter a time
I more titan a question as 70 who had been
I elected President. before an marked
/ revival could follow IN business.
Mr.. NetsbUrg, OF the firm Of Eckman &
/ N~etsburz, said: 1T is too early almost
/ 10 form an opinion as 10 the effect Of the
( election uuOn bushes prospects. One
. AAAU= - 81 LHEA 49, 1873 ~ 49,
I better. and will no doubt devote more time
70 business. The greatest political ex-
I element incident % the election was IA
/ TIE North and West. Here trade depends
nearly altogether upon what the
/ producer will obtain for his cotton, which,
l by the way. he is holding back IN eXPec-
/ tati0n Of getting the price he got last year.
/ There has also been OTer-productiOn in the
I mills. and 1t will take a long time to work
I the surplus Of"
/. Vi. Frank said: at IS too early
I 70 say what effect the election viii have
{ up0n business. except that there is a teel-
I ing OF -conSGeuee that there viii be 30
/ disturbance in business channels. II
[ made very little difference whether Blaine
I OF Cleveland vas elected. so Tar as busi-
ness is concerned, and the outlook
for increased activity in trade depends
upon the price the producer will obtain
I for bis cotton
TIE COTTON EXCHANGE.
] Complimentary Banquet by President