New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1893-09-18

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men IN one another Mercantile houses That have
stood I'D against the hurricane OF the summer VIII
not down now ard specIdlattor rs. a1G investors
periIs OF panic will pot be frightened into selling
II ''e' rssfsswrTD MEEtItssTs. Sc
Naahants d a fulefhesitate about talking for
oubncsIon. II ng apprehensive that something they
nov III will in some form iniure their business
And thus 1t came to pass that Tribune
ranorter encountered member OF an important
wholesale drygoods house who said substantially
that while he optmist for publication he
was a pessimst in hts own heart. How this man
regards the situation is fairly illustrated IN this
sac,a ration: august should be and ordinarily 10 q
aood month Ina our particular line Many people
came here in August to buy. and they did buy. but
them only a small percentage Of the amount we
usually sell them at this season p ,b nas g9ms
will replenlsh their stock by small orders, sent
through the mails or given to the travelling sales
small orders OF out-of-town merchants when they
here in m be- Impossible under any
conditions. to catch up. ,,., L.
prominent man IN msreant h ana hs oamS s6o S
not be associated In print Win h,s eA pre- %
financial situation has somewhat improved, that
currency IL coming back to a considerable extent
that the banks are easier ana are 1eghnIng 20 re-
better feeling prevails. In commercial ana miner. mer;
camille lines there is evidence also 81 Increases
ance The fact remains. however. that the state OF
things we have experienced here In New-fork has
extended all over the country. to the buyers at re-
tail stores at every crossroads Inc ehure county
10 now disturbed In its financial ana Industrial re-
Ia tions inst as New-York has been In weeks past,
and I fear It Is gong TO take much longer than
some people think to relieve that situation and
bring MS back to the condition OF prosperity We en-
loved a year ago at this time. Meanwhile the mat
Ter Of collections has not materially Improved,
though some signs OF announcement exist Though
CONGRESS may dispose of the silver question there
can he no 6nal relief from anxiety until manu-
Sacturers and merchants and the people generally
know what the administration and the Democratic
marty now in full power intend to do with the tarin.
Manyufacturcrs are not going To Washington 10
make themselves heard i'm committee. because they
know IL is useless. They could only state their case
on the basis of protection to American INDUSTRIES
with the result that they would be blackguarded
nv the majority. for the minority are poweriess 10
do ANYTHING Some interests VIII be represented
there OF course. as n matter OF record but We all
know that will be the end of IL. We have COM
nlete Democratic ant-Protecton Administration
10 face and until the country knows what these
forces are going to provide. rs basis on wnich 70
operate in the future there can be no s'nDIl'y IN
AFFAIRS In my judgment. II Will require long lime
tn restore confidence all this country 80 tnat
The wheels of commerce will begin again to move
as they were moving when this Administration a.
sumed control OF our National AFFAIRS