The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1893-06-03
THE PASSING THRoxG.

seattle stands all rigat among the capitalists
Of the East" said President Z q Graves. OF the
Chamber OF Commerce. yesterday. on RETURNING
from two noE:ks' trip in the East. 'See3le
IL vel! AID favo.ably known among those
Glanced 20 meet With who are men OF a0atsu.
The city has teen we'll advertised in the last
four years. not among the masses perhaps. bus
certainly among the Eoneycd Glasses. l spent
most oil my absence in New York, Washington
City and Chicago la New YORK / discovsscd
quite q seattle colony. mos: of them stopping At
the Fifth Avenue hotel. There were l. I. ,.
Hunt. senator Squire. John Lsary. ).
I. Eshelman. Edward Biewets, r. W.
wilmans. Joe Pearsail and Others.
and ! think they took good casc OF Seat
ties credit there. o: course the genera imam.
eiai depression abso:os the attention OF moneyed
men in New YORK, but think shey do not antfct-
pate any panic or CONFUSION. They realize that
these are hard times. that money Is tight and that
there will Be large amount OF liquidation.
But any great cataciysm they do not expect A.
panic Is ike thunder storm which rises sud-
denly during . clear day. but ever since the
Barring failure financial houses have been Pre-
pairing for reaction from the speculative fever
which preceded that event OF course the I'M
settled state OF the currency question Odds to
the general uncertainty and apprehension. Tho
o. course exaggerated. To tell the truth. many
OF the fnancicrs of New YORK arc very provin-
cial. They are excellent bankers, practical.
careful, sh,ewd, painstaking and honorable.
But they are intensely conservative and. -
ssid. thoroughly provincial Many OF them
have worked their way up to their present
positions step by step from the lowest
rounds. entering the banks over which they
now preside perhaps ~ runners, and they are
familiar with every detail of the banking bust.
ness. But they spend so much OF their lives in
their oank parlors that they do not sec the
world moving about them. ana can not catch it,
impulse. The growth OF Chicago and other
Western cities, the development OF the entire
West, in which billions Of value have been
created. this class OF fnanciers has successively
for the last fifty years derided as booming and
speculation. can find broader views OF finance,
political economy and the general progress OF
the world among the country farmers OF New
York than can among the bankers Of Wall
street While In Washington City called on
the president. and be asked me several ques-
tions about politics In this section OF the couu-
try. talked with him very frankly aud in the
discussion found he entertained many OF the
views did and disagreed with me on Others. Oh.
no. was not trying to boost or down any can.
dida,e for Office. One thing am convinced OF,
and that 10 Mr.. Cleveland doesn't try to tx up .
state slate. When . vacancy comes before him
in the usual routine OF business he tries to re-
member what he can OF all he has heard about
tue cauoluateS lOr the pOSItlO0, ana acts accord.
ingly. / am convinced that he takes no one
mans opinion or advice In the matter OF ap-
pointments Speaking OF appointments. how
ever. reminds mo that thirty years ago today
frat went to work a. . clerk In the treasury de-
partment, fresh from college,
Will H. Thompson writes In . recent mote
from 'Just beyond Medicine Hat" to his part
nsr. +. r. Edsen, saying: 1--WE are all we'll and
happy and having glorious weather. Scenery
has been magnificent. Plenty Of antelopes and
Indians: not much else but grass" Mr.. Thomp.
son l. travelling with his wife. daughter and
three sons to Crawfordsville, Ind, his former
home. about three hours from Chicago.
F. NJ Herrick. president OF the Pacific Pine
Lumber Company. OF San Francisco, who has
been on the Sound for several weeks, II q guest
OF the Rainier, but leaves for San Francisco this
evening.
G. l. Crawford and c. n. eheais have declined
to run candidates for trustees Of the Cham.
Der OF Commerce, and Theodore N. Halles and
u. t. Jackson have been selected TO take their
places.
Alyah Trowbridgc, cashier OF the National
Bank OF North America, Of New York city, II In
the city. guest OF the Northern.
Hon. George Turner. Henry I. Wilson and John
W. Goss, Of Spokane, arc stopping at the Occi.
dental.