Morning journal and courier., 1893-08-09
TALK AROuT TOWN.

TALK ABOUT TOWN.
 The Situation Talked Over-Nok | . Very Cheerful one.
 President Clevelsnd's message was duly | discussed yesterday and commented on by | people about town. Said one leading re- publican bank president: It is good mes sage, and what was needed at this time, but what else could the president do and do his duty to the nations It rises above party and puts the immediate pressing needs of the country, as regards the repeal of the Sherman silver purchase bill, sauarely before the country as the issue. It is to the point and defers the tariff issue ss matter to be thought of later.
 You ask what are the indications of a frightening of the financial horizon. answer that the clouds still hover about. do not think any decided change for the better will occur until the $35, ,000, 900 of clearing house certificates issued by the New York banks are taken care of and retired or can loan to their customers with compars- tive freedom. The influx of gold from Europe Is one hopeful aspect of the situ- ationss
 Said President George A. Butler of the National Tradesmen's bank: I approve of the sentiments of the message.
 How about the financial situation? I am of the opinion that the worst is over, and that affairs will gradually brighten.
 Said 8 workingman employed at Ssr- gents factory: I have never seen times 5~,11 >k 1{o Iii ont1 o< ent. The men are all anxious, fearful of 8 shut down if things keep on so. The men who voted the democratic ticket last fall voted for change, and they have got 1t 'fn the neck" Last fall business was booming, shops everywhere busy, business f1ourishing and wages good. All branches of business were pros- pering, everybody had work, and families l were not worried nor anxious over any ! gloomy prospects, for there were none. | Now the change has come-shops shutting | time, business paralSzad. Yes, the demo- | crats have got change, and how do they | like it? Manufacturers know not what to l do, capital is paralyzed or holding back, 1 and we have democratic hard times, as a | result of the change of administration and | change of policy regarding the tariff, change 1 of safe, wise leadership to a leadership that has never encouraged home industry or de velopment of American resources. l Said another bank president: The l democratic party is not the party to run the financial affairs of the nation success. l fully. It lacks the ability. Cleveland's could he doa When man or 8 nation is In dire distress, the first and only thing tc be done is to relieve that distress. The 1 democratic party wanted 8 change and il has got 1t. Its proposed tinkering of the tariff unsettles all manufacturing, which depends for its prosperity and success OF the protection of American industry. Ht l who runs may read that fact. 1t Is trans
 parent. look, however, now, for grad 1 ual letting up of the financial stringsncy
 although matters this week have not i'm proved any.
 MT. c. B. Bolmer, of Prince & White ley, thought the indications not so favor | able this week with the tightness in tn,
 money market in New York, situation
 due in great part to the scarcity of curren
 cy and of gold.
 As an instance of the scarcity of cur
 renoy one man who drew $3 900 out of the
 New York savings banks last week got $6(
 premium yesterday in Wall street, il
 other words got check for $3, ,0s0 for it | NEWSPAPER COMMENT.
 HARTFORD, Aug. 8.-The Hartfort
 Courant, republican, says in its editorial:
 President Clevelsnd's message comes u]
 to the occasion, so far ss the silver quea
 tion is concerned, though his promise t.
 give us tariff disturbance later canno
 but counteract some of the benefits of hi
 vigorous talk on the currency.
 The points are we'll taken and elesrl.
 stated. The factors that make good time
 are here, but confidence has gone an,
 good times with it. It's departure he at
 tributes to the silver purchase Legislation
 of 1890, which he cleverly pronounces q
 truce after long struggle" with
 out trying for partisan effec
 to shoulder the blame for 1t ur on the republican psrty-a small tric
 of various democratic agitstors. In thl 2 MT. Cleveland shows commendabl breadth and no little shrewdness in cult vating friendship at time when friend are needed. He very rightly says in lare ! way that "this matter rises above the plan
 of party politics." Prompt repeal of tn
 purchase clause of the act of 1890 is th , remedy hereby offered and earnestly ret commended by the president. Is the den ocratic party going to prove itself the equ' of It's leader? Republican support he sure of; will his own party add vote enough to save the business of the coul , trya
 MT. Hosley's Injuries Proved Fata BRANFoRD, Aug. 9.-Mrs. William Ho