Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1893-11-04

The hurry anu rush OF business Tor a
few years have been 20 incessant that
suspension ami some inactivity chato
much more than 4, naturally should,
aud today there is probably more i'm.
patience among business men than for
some time.
Assuming that the si,ustlon has been
A. critical az some cipim, there ia no
remedy In dependency. For, spite
u this, the worli with all IT, gigantic
aud interviewer Interest still EXIST;
human necessities are ~ great;
the resources OF the country arc ~
magnificent a. they ever were; aud u
the policy Of silver buying had any.
thing 10 do with the conditi 10, that
law has been Internationally repealed.
Even then, Il would seem unlikely
that any sudden change Tor the better
should be- exhibited. Unexpected aud
uncalio i.ior a. the late depression
seemed 10 some, It Is only reasnn-
able 10 believe that II was
months In maturing, and however
the eyes OF men may have been blinded
by prosperous timcs, all effects imply
a cause somewhere, anu panics are not
the legitimate product OF true pros.
pority.
1t 10 not worth while inquiring Into
this cause, Tor few there are who agree
IN regard TO H. There 10 only unity Of
soutlmontAs 10 the fact itself. II there
was Tis anything abou, It In the ma.
ture or an epidemic, most serious dis.
eases demand as much time Tor foil
frcuperslion as was consumed 10
reaching the ucme Of the disease.
Short aud rapid as this may be-, there
Il reason In It and experience tes,ints
to 10 general truth. Eastern trade
papers and financial reviews are
strangely contradictory In regard TO
every aspect Of the question. Money
10 easy and money IA scarce. Bank
reserves are increasing ami otherwise.
Factories, fOunirlns and other great
worhe are resuming or suspend
Ing. The national debt Il In
crrasiug, AMI tho governmental
gold reserve IL wasting away. Now, a
gtea, deal Of this Is owing to the spec.
tac.,s which the critic or writer uses,
anl some things said are tingei OF per.
sonal interest and gather color from the
occupation Of the ono who 10 express.
ing hIm.oU?
Tho silver question appears 10 the
West % be- OF iucaloulable Importance.
Certainly Il makesa vast difference to
Utah, Tue demand Tor silyer anu ils
price have been ana are tremendous
iau.gri in forming the local condition.
And yet tins industry had q small bt.
ginning and its growth has been
gradual one, r. ilroal building,
though, gave this Territory Ia Gst
great impulse toward development aud
chat wealth which was finally supple.
meu,ol by mining. Almost uuulB-
1ciously this made market Tor our
turpiu. produce, by opening enlarged
yusaaus or labor nnI an increased
p.luH. on, Furnaces, houses, stores
haI 10 bo built umbtre, coal ami rock
WrIo Zoo demRul; hauling OF ores ami
ma,orih called ioF tsams; and the
industrial hgll became enlarged.
Iag circulation Of money was more
continuous Every merchant fel,
tm quclsueG and the Territory at
large responded TO tho impe,us which
thus originated in the ravinul AMI on
tHu mountains round about
l,isuuitu eyiirnt ami not furpflsiur
that ihe people Of this Territory wef,
'asou uuaaarus whoa tho panic came,
Their eyes lwefe not turned toward
Tho ends o. the earth. The patient,