The semi-weekly tribune. [volume] (Great Falls, Mont.) 1890-1891, 1890-11-26
FINANCIAL CIRCLES ARE AGAIN NORMAL
Prof. +. w. Anderson Says the Sheep
Industry is Undergoing a
Rapid Change.
Some Phrophecies in Regard to the
Next United States Senator
From New York.

opened with more confidence and anima-
ton. The prompt measures that were
taken by the Bank of England and the
Rothschilds to keep the house of Barring
from bankruptcy have had good effect
abroad and at home. That great firm in
vested too much money in Argentine
securities which were greatly deprecated
by the recent disturbances. The induce
ments to deal in such bonds are great,
but so are the risks. Revolutions which
shake the government to its very center
are always imminent in South American
republics. Credit which has taken years
to build up is then wrecked in day and
the public creditors are kept for months
in state of uncertainty. 1t was so in
olden times in Mexico. Then the foreign
lenders exacted large discounts for loans
aud supplied firearms on their own
terms, for the proceeds, but when the In
evitable revolution came, the unlucky
bond-holder found that his securities
were valueless. 1t is fortunate that the
Earrings received timely aid, for if all
the securities which they hold or are
interested in were thrown on the, market
the panic might have been widespread.
They are understood to be largely con-
cerned in Atchison, Topeka g Sante Fe
shares and as result MI. Marvel, known
of old at Great Falls, was questioned by
the irrepresslble interviewer who ELECTED
only brief replies.
While Wall streets more or less fever
lsh, the general volume of trade is good.
A manufacturer informs me that the de-
mand for silver-plated ware is enormous.
The factories are overburdened with or
ders. The jobbers actually turn away
customers. Their stores arc open until
10 o'clock at night and they are as busy
as they usually are when the regular hol-
iday season sets in. There are some in
dicatlons of another open winter, which
would depress the heavy clothing indus
try. Perhaps this accounts for some
cheap sales on Broadway, where from
the racket which the storekeepers make
one might suppose that overcoats were to
be had for the asking.
Prof. Fred W. Anderson, who is
achieving success as associate editor Of
the American Agriculturist, tells me that
the sheep industry is undergoing rapid
revival. People are buying books On the
subject and buying sheep as we'll. Some
large transactions are reported in sheep.
Montana should watch carefully this
movement and take care to maintain the
high rank she has acquired as wool and
mutton producer. Chicago appreciates
the good favor of Montana mutton and
is providing market for the surplus
product. In due time New York will al
so be large consumer.
The recent tidal wave will give New
York for the first time in some years
democratic United States senator. The
majority is so secure that no Precinct
"a" proceedings can affect it, No one
will dare "ellminate" the votes cast for
the democratic candidates. Mr.. Smith
Weed who was in town lately said that
he would willingly accept the honor.
He Is undoubtedly a strong candidate.
He Is popular with the country members.
He was an Intimate friend of Samuel j.
Tilden and has earned promotion by hard
work in the political vineyard. He is on
good terms with Mr.. James j. Hill and
has a high opinion Of Great Falls. The
World is understood to favor Governor
Hill for senator. He goes out of office
on December 81, 1891, and would thus be
free to enter on senatorial duties, which
would begin in December of the same
year There will be no lack of candi-
dates.
As regards the presidency, which is
more or less connected; in mems minds
with the senatorial election, the World
advises the people to bide their time. 1t
holds that the next presidential candidate
should be nominated in accordance with
the requirements of the time. 1t SAYS
that the tariff may undergo such revision
in the meantime as will render 1t of less
account as a party issue. Perhaps the
lightning may strike Montana. She has
as good timber as any state for president
or vice president. The fitness of things
would demand that Martin Maglnnis Or
W. A. Clark should preside over the SEN
ate Of which they are by right members.