Burlington weekly free press. [volume] (Burlington, Vt.) 1866-1928, 1888-11-16
THE INEVITABLE RESULT.
HARRISON'S ELECTION RESTORES
FINANCIAL CONFIDENCE.
A Decided Recovery of Business Prosper
ity Already Begnn-An Early and
Decided Recovery in General
Confidence Predicted.

NEW YORK, Nov. 13-lIenry Clews g.
Co.'S bulletin says: THE event upon
which the stock market has 50 long waited
has at last eliminated /; and the fact should
h I'VE some bearing on the future course Of
operations. Whatever may be the merits
OF the respective policies advocated by the
opposite parties, it will scarcely be ques-
toned in any quarter that a good deal OF
apprehension was felt In m my influential
quarters about the possibility Of the nation
taking first step towards an ultimate
revolution of its industrial basis .and
methods, For, although the proposed
cnanges 10 the tariff would have been but
a very limited invasion upon the present
commercial system, yet it was generally
fe.t that, it that much should be accom-
plished, then the future stages lOgi Cally
involved in it must steadily follow with
no great interval Of postponement.
1T was therefore TO have been expected
that, in the event Of the election Of MI
Cleveland, the industrial portion OF the
nation would ut once have set itself to n
sober and timid calculation OF what were
needful 70 prepare the way for the lmpeDd-
ing Industrial revolution. Such forecast
inRs might not have produced any sudden
catastrophe, because no sweeping or sud.
den change in industrial conditions would
have been likely to come; but the result
would have shown itself in slow and
deep unsettling Of confidence in manufac-
turing interests at large; and this would
| have become u serious element in the con
| dition of the business of the whole coun-
! try"
LAS parties are now balanced in the
! two Houses, and with a protectionist
! president, there is no chance for the en-
Actment of any changes in duties mater
| islly affecting any of our industries with
! "a m
fierce contests on the question in Con
| gress; for the result of the elections mas
| been to encourage the tariff reformerS in
heir agitation rather than to discourage
them; but the legal stain, Of our manu-
! tacturer5 is not likely TO be changed with
in the period mentioned. This is pretty
broad basis on which to build commercial
! confidence. Neither the manufacturers
| nor the merchants care to trouble them
selves seriously about possible accidents
so far in advance, and which may no,
happen even them
I'VE anticipate, therefore, an early and
decided recovery in general confidence a.
the result of the elections. The fOrgee
ina have been kept Idle, the mills that
nave been put on short time and tne pur-
chases OF raw materials ana OF goods mat
have bseu deferred for weeks and month
all these instructions 10 commercial ac
tivity should now be removed, and TIL
business situation SHOULD be without Flaw
or complaint, Besides the relaxation o
these restra.ua, trade should receive n
small benefit from the cessation Of tina
diversion OF attention from business tina
ptCverblally attends the e& ltcment OF tn
quadrennial election.
Under all the circumstances Of the mo
ment, We are disposed toward more hope
lul views than have been warranted dur
ing late week and think Ii safe for on
friends to bny the readily marketable st
taA nu a g o El-
Bret Farte is one of the greatest Twin
novelists and "Cressy" is his --latest WoIl
1t begins il. this paFer,