New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1892-06-12
BUSINESS MEN ARE GLAD.
THEY HAVE THE UTMOST CONFIDENCE IN
THE NOMINEES.
BANKERS AND BROKERS SPEAK WARM WORDS

There were further strong expressions OF grhtihc'
ton at the Republican nominations among bankers ana
brokers yesterday. II Is not often that 50 sehe".
satisfaction Is shown In Wall street owe; poiueai
actions as Is evident In the case OF the Mnheapos
Conventions work The half-holiday takes many
downtown business men ont OF the city IN summer
flme and many prominent men are in Europe Hence
n complete canvass OF Wall Street sentiment was
lampered, but the gener.. expression Of Republican
satisfaction md the concessions Of Democratic opii
ion the strength OF the Republican Ticket were u'
mistakab;1. II would not be candid to claim that
the rise In the stock market WIS due to the MIME
apolls nominations. the dominating influence being
the unexpectedly favorable exhibit OF the Government
crop report. but there OF Judgment who did
not hesitate 10 say that the nominations could DO
| credited with considerable contribution TO the I'M
proved tone In financial circles. President Harrison
won many friends in Wall STREET BY his firm attitude
last autumn when the free silver tide was running
HIGH and his Administration has been so sound nnd
clean that financial interests look with confidence 10
the future In view OF n continuance OF IT, The nom
nec for the Vice Presidency also enjoys the confidence
OF the business community, and his personal strength
which has grown materially u the diplomatic service
Of the country subject OF frequent m-huoh
among bankers and brokers. The sentiment oil mp
prevail OF the ticket from different partisan points OF
view was snguarly uniform, and men OF Independent
political proclivities gathed AT the conservatism
-
Its nominees.
The names Of the Scligmans have been prominent
In all Of the large financial operations Of the Gov
eminent In the past. and Jesse Sclignan was one OF
the leading bankers who prepared the way In Europe
for a cordial recepOp OF President liarri-ons propose
ton for an international monetary conference. lie
is now stroad but bis brother. james scigman. said
The Republican, ticket IS excellent; In fact, ID
cyldnt be better II Is almost sup"riuous 10 praise
H. Mr. Harrison is especially attractive 10 business
men because his record Is sound on the currency
question and he has stood In the way OF most
dangerous silver experiment. Mr.. Reds nomination
thoroughly satisfactory and Is gratifying to financial
interests. Takcn altogether the nominees are ex'
ccptionaliy strong and believe that the ticket viii
sweep the country"
Brnyton Ives. pres,den. Of tho Western National
penk said: The ticket meets my hearty and cor
dial approval in every respect. l think that Mr..
Harr.sn's Administration has been most successful
and credtable one. and there Is no man IN the
country whose name | glad to see united
with his as that Of Wlitelaw Reid express
myself not simply because have had the good fortune
to he on most friendly terms with Mr.. Reid. but
because | think hs record In the last few years IN
every capacity, personal and Official, has been such
as to bring great credit hirnsef as an individual
and On the country, aud am especially glad TO SEQ
this public recognition OF his services.
al regard the prospects as excellent and can see
M reason now 10 doubt the election OF the ticket.
have Jus; been talking with very prominent Demo
cratic politician, who Is going To Chicago next
week who sMd 20 me frinhy that he
thought that no matter who was nominated
Ut Chicago. after the nomination the betting would
he in favor Of Harrison and Reid. candidly believe
that the nominations have impaired feeling OF
confidence In the financial community, and think II
is fair to ascnbe some Of the strength OF the STOCK
market to-day to the action OF the Minneapolis Con
yentiou Mr. Harrison stands for soundness and con
scrvatism IN financial matters The speech OF freS
dent Harrison ut Albany last August when ne came
out unequiv locally for sound finance, marked the
turning point In the course OF prices, ana the prices
OF stocks and bonds within sixty DAYS af'erward hah
advanced from to 25 points. Mr.. Harrson's
position has assured the financial position and with
more or less fluctuations the situation since that
speech has been improving
solon Humphreys, Of f. ID. Morgan Il Co.. spoke
siastIcaly In commentator OF inc MihheaPons
oom,nees "Tbe ticket Is first class In every respect
he said "and could not be Improved upon IN 'ho
last few days every thoughtful man with whom hheo
talked EXPRESSED but opinion, namely. that II wond
bc misfortune and a mistake II President Hsrnsoh
zero not renominatei Why Because he has given
IN the omntry such coed, strong Administration ana
hos grown in the last two years so largely In the est
nation Of the people Ills strength IS greht py rcnsoh
~ his soundness financial questions ana the cehn'
mess Of his Administration, which Is great force Win
I'M III.
N the strength Of the ticket for his ability Is unver-
sa,v coen,zed and his sound Judgment tact and dis
cr.,,on are especially valuable am thoroughly per
snoded that the ticket Is which tho common-sense
NJ the American people will approve at the polls
c v White In his remarks on the nominations. had
sarcastic thrust at those who have been harphB upon
~. Presidents alleged GOODNESS. He said: "The
nominations at Minneapolis 'hinR' VIII De eseenea
~, Rcpublicans everywhere prominently wise Mr.
.I.rr,son has not been as popular with Republican
as he has been with the party voters. but all
honest Republicans accord to him an able ana clean
Admins, ration To this general verdict add thnt In
mv estimation he has had moro vexa'ions quesiohs
arising in our foreign policy than any predecessor since
Mr. Lincoln. and In their management he has been self
valiant wise dlgnifed and satcsmanlike. This, win
osopollc men will outweigh the fact, which thnk
!, .o,oIIv true that I've always shakes hands with n
s,,ing RcpublIcan as though he were IN advance ana
rondc red how long the nlcon OF the call was 10 S''
As 10 the second place thc ticket II anything were
needed TO ve donbters faith II Is the hct 'ia III the
ose ~ Mr. Reid he gets there every time, ana nc has
started 10 go there now IL ioohS W "'0 10 " ~
settles it,
p NJ Galloway president Of the Merchants National
Rank. said: IL am n Republican, and now that the
convention is over, | am Harrison man. The ticket
&c a strong one and has certain elements that VIII
oppeal TO the conservative business interests mink
the ticket will win but the country Is sae' no matter
who Wins
Frederic Taylor tersely expressed his qualification
tins: "Tm agreeable. ] think therc Is no doubt
that Mr.. Harrison do what he ala before
Henry Clews put his approval 10 inc ucket 10 inc
-, ,o,es,am OF Generalization 10 the President:
'oi'o"''r June IL, 1877
| President benjamin Harmon
Dear Sir: Accept congratulations. When l met you
t. Iv..hu gton during last winter told you that the
~ men Of New.York well satisfied With your
yce,cnt Administration. and that they favored Was
ou,,e sure your denomination The announcement which
- "a New.York from convention over my private
49,, ,r,. the urst Information received here. When 1