The sun. [volume] (New York [N.Y.]) 1833-1916, 1892-08-07
fares are necessity. and the fresh equipment
will require Eve or six times the normal traffic
to nav OK penses and the OUTLAY

fares are a necessity. and the fresh equipment
will require i've or six times the normal trafho
to pay expenses and the outlay.
DIR. Depew 10 confident that the monetary
conference will result in universal bin etallism.
He admits that the States are unable to act
alone. but the general adoption will solve the
difficulty. Ho attaches little importance to
gold exports which will balance them-
selves later. as tho balance Of trade
always favors tho States. A grain corner
is now impossible. What the markets
lost year ago when the price was above the
European parity has been regained through
the bumper series Of 1891. The present pros
perity OF the country has practically killed the
Farmers Alliance. There IL no prospect Of
relaxation OF the protective duties. the coun-
try is thoroughly satisfied. and the tariff is
working we'll. native industries are developing.
and there is no plethora OF labor. He predicts
tho re- ell cotton OF Harrison. The country likes
his Government. he says. and wants more OF
1t. 1t was o tactical mistake passing the
Tariff act just before the election Of the
House Of Representatives 1t brought
the calamity bowler to the front. who pre-
dicted universal disaster. Tho result was an
unprecedented Democratic majority. Tho
Democrats. like the man who drew the ele-
plant lottery prize, did not know what to do
with 1t. They might have passed all the party
measure free coinage. the repeal OF the tariff.
and jumped on the Republican majority. but
whether through incapacity or cowardice.
they did nothing. Had the Democrats made
free coinage a plank In their platform their
financial position and election prospects, would
have been more precarious. There was no
immediate fear Of free coinage: both candi-
dates for the Presidency were againstit
Regarding tho British political situation. he
says that Gladstones party is like a man who
has caught q hare and does not know how to
cook it. whether to roast broil. or stew It
So far as he can judge he thinks an Irish stew
most probable.
Jim Smith has backed down from his pro-
posal to fight Joe ChoynskL The English
champion wants the Californian to wait four
months for fight Parson Davies offered to
guarantee a big purse. besides matching his
man for $1,000. This does not suit those who
like to have a mob at tho ring side.
Tho match between Austin Gibbons and
| Stanton Abbot has been fixed for October. and
| the National Sporting Club will DO the scene
| Of action.
| Frank Slavin's friends are rallying around
him. Pony Moore has become security for
| $1,000 for The Rose public house in Jermyn
street. and the Antipodean Is to be seen behind
the bar every night Slavlns friends are
going to give him q benefit at the Trocadero
Music Hall on the 18th OF this month. Sir
John Ashley is at the head Of the committed.
Orme has dropped to two to one again 81
him in the St Leger quotations. the odds
being on offer against him without takers
| On the other hand. La Fleche Is being backed
| for large amounts at four to one against. and
| several OF the others are well supported. The
| opinion grows that the race for tho LeRer will
| be very open one