The sun. [volume] (New York [N.Y.]) 1833-1916, 1892-11-11
DISASTERi POOH! POOH!
sUsryEss MEN CONFIDENT 1HAT
HER INTERESTS ARE SECURE

rxe, Those Republicans who Are . hit
sere over Their Deneat Kidieuis the idea
that Democratic Control Means . Les
sening Of Our Prosperity. Though Few
Ray They Mean to GO SLOW for . While.
Now that the Democrats have secured com.
plsts control Of tho national legislative and
executive departmen tho question naturally
arises. what will be the effect on tho business
interests OF the country OF tho change In Ad-
ministration. Prior to the election probably
very few business men had any idea that the
control OF tho country would pass absolutely
into tho hands OF either party. The statement
was frequently heard during tho campaign
that no material change in any policy affect
Ing business interests could be brought about.
because II the Democrats won the Presidency
tho Republican Senate would still be q check
upon them. and II the Republicans won. the
Democratic House OF Representatives would
fulnl tho Same function. Possibly this bolief
affected tho votes OF some OF the business men.
Reporters OF The Sun interviewed yesterday
many representative men engagedin business
and finance. All were requested to express
their views as to the effect on the money mar
kst and tho business OF the country. Tho mon
interviewed were selected without reference
to their politics. Their opinions are OK
pressed below:
BASKERo HAVE No FEAh
President Tnppan OF the Gnllatin National
Bank said: II do not expect any legislation
Injurious to the business interests OF the
country. II there is any change in tho tariff 1t
will in my opinion be gradual and OF such
character as not to inIure business. believe
that that is the way in which all business men
regard tho present situation The stock mar
kst has not heeu affected in the slightest de-
gree as yet. and do not believe 1t will be-"
President Galloway Of the Merchants Bank
said: II guess this country Is big enough to
stand all that comes along. l cannot UNDER
take to define the policy OF the Democratic
party upon the tariff. but do not think that
It will BE- changed so as to affect the busi-
ness interests Of the country"
ics-President Porter OF tho Chase National
Bank. who Is In charge during President Can
non's absence. said: I'VE are all Repu blicans
down here. you know. Still. we are not alarm
lists. lido not bcleve that business will be un.
settled BY the change to any extent Any fall
ing of In the value Of securities because OF
the change will be merely temporary. do
not believe that the Democrats will do any
thing radical about the tariff. They will prop
ably make some reductions. but these will be
gradual and not such as to injure any great
interests seriously. No party would dare do
anything to affect the business prosperity OF
the country"
STOCKS ARE ALL RIGHT. SAYS A REPUBLICAN.
President F. O. French Of tho Manhattan
Trust Company. who Is also a Republican.
said: Il am glad to SOC that you have it all
your own way. You ought to be able to give
US the millennium for the next four years. II
you don't. we'll nut you out at the end OF your
term. Clevel and didn't have q fair show the
Se hs 10y Ssnss
not apprehend any trouble. because ! know
there are many sensibl. men among tho
are not Injured. l suEpose they win tinker
GO back to the tarif Which existed before tbs
Mckinley bill and which was really very salts
helped your party greatly. There has been no
effect noticeable e. HE in the stock W market The
more to tho snow than anything else '' - w
HnTy A. tss rIptnsn
Change Admnissra tHn will nnve some me
stocks Yesterday was merely Temporary. and
election can be expected for ten days. by which
time zen men I.e can make up sensible judgment
PRESIDENT pIcKERMAN's VIEWS.
President Dickerrnan of the New York Stock
Exchange is Cleveland man. He said: I'VE
business was not ruined. Ny opinion Us IS that
people do not sXpect It to be- ruined p now The
IS %ssn IL" hne that Wou
affect it most is the currency, and upon
h there l. no sGunfsr the sonnsy
to-day. and have been unable to find any
alarm anywhere; Tho general security hold
sn9Sedv Who to par ts WITH ill., lis st sscur
ties at less than the market price, 49,
lean Sugar Kefneries Company. said: Il do
not think. any party would dare TO do any
9reatto allow the upsetting Of any Of its in;
dustrIes; and tho Earty that attempted it
President John P. Townsend OF the ,Knicker--
Of Rho is "Es lis
Sd trousers pockets: There are good many
victory Of the, democrats was so decisive.
all right. ! do not think that any business
man who thinks over tho situation will be At Al
1884. !: T; Barnum said then that he would
aoas VAS Hs
didn't sell it, Just tho same. Tho officers Of a
s m f6as ,Lsx Hs 0w Sut at the
After he had been elected l offered to buy
sussested but they refused .si !" SELL be k
Also that The people are decidedly Opposes. j, to
Federal marshals liz uureasoasLle power
hc fot they now rnsss,s TME sISs cry o,
psePs. lave talked VIII ihpR's good ny many any
business men, and mono Of them seems to fear
any injury to his interests"
Henry lientz. OK: President OF tho Cotton tx.
change said II do not bclieve business men
lear any legislation which will nIure them
They expect to Sc, tho conservative men oil
tho Democratic PARTY in control. nni TIM,
means that no revolutionary ideas will be
tolerated The rar.y Is hound 10 lie on its
good behavior. Otherwise its downfall at tho
termination OF It's present term OF power
Any. change In the tariff will have to Ia
gradual and with an eye to the interests OF the
country"
Loan and Irust COMPANY said he would not
attempt TO speak for ihe company. but his per
sonal opinion WAS that bus nrss would be
greatly improved. Tho verdict OF the pc oplo y
he said is that the Republican party has
pense OF tho country"
fREsIDEST THOMAS OF THE PRODUCE EXCHANGE.
r Evan 7. Thomas. President OF the Produce
Exchange. said: "Tha business men have