Fort Worth gazette. [volume] (Fort Worth, Tex.) 1891-1898, 1893-06-23
terspersed with instrumental selections
by Miss Carrie Huffman, whose prof.
cheney and execution are well known.
a BRIGHT OUTLOOK
Tcxas is in Better Condition Than Most
Other stntrs.

Texas is In Better Condition Than Most
Other states.
4 Gazette representative yesterday
held up Mr., Max E,ser, cashier of the
City National bank, and demanded an
interview. Mr.. Elser has recently re-
turned from trip to New York where
he met Il number of the leading bankers
and tinanciers Of the country, and The
Gazette wanted to ascertain what he
had learned in regard to the financial
condition and the promise OF the future.
TO the question, What did you find the
prevailing opinion Of lnauciers to bey"
Mr.. Elser said:
Nobody had amy opinion. They didn't
want TO risk their regulations by making
predictions of the outcome though and
all hoped for the best and that the pres
ent striugeucy would be of short dura-
ton. The feeling is that the repeal of
the silVer-pTchnsc clause of the Sher-
man law, which it is hoped congress will
do at It's special session, will go a long
way towards improving the situation
ana restoring confidence, That wot d
stimulate the demand for our securities
IN Europe, which would bring us Eu-
ropenn capital Another promising feat-
ure is the Increased exports of our agri-
cultural products, which are now begin
hlng TO move, aud which will bring more
money from Europe For the first five
or SIX mouths of the year our exports
have been great many million dollars
less th1n for the same period last year
VIM, our imports have been heavy. This
mas h ped to weaken us financially"
Whit do the Eastern capitalists seem
TO think OF Texas as a field for invest
Wei, they appear to have softened mn
q httle' nut they are not yet fully salts
ned to make large investments here.
some OF our laws they regard as in
imlcnl to capital"
"Mhat laws are theseg"
ne principal one is the IA iroad COM
mission law. Ii that We're modified they
would accept 1t. They don't object to n
commission, but they are opposed to one
with penary powers. which arms the
commissioners with absolute control of
me railroads They admit that Texas
offers me finest field for railroad build
inE ana otier inrmS of profitable invest
hents OF any state in the Union, and
WIN some modification in our laws,
believe Texas would receive an unnrnce-
cap.uI" ''"' 'p''"
"pid you hear much about the alien
Never heard 1t mentioned. In i,s
present modified form II seems TO riye
entire satisfaction" 7'''
:. In my opinion" continued Mr. Elser.
mo state in the Union viii feel The
present tnanc.al siineency loss finn
Texas, In the first place orr ne s,iii,
oswg he East much less than they ii'J
n 1870 They have been liuuidatinp for
three years We bad fair crops in iSOi.
uh9snAiy heavy ones in 1Sg6
and this year the report from M MOI.
We state shows one OF the Lroyiest
Yields ever known, Our immense cron ~
gram means thousands and thousands Of
IA cattle and hogs for 1891 md th"t
lneahs more money and prosperity, The
cpli"n acreage of the STATE is Increased
hna our prospective crop of 1Dii
i p.ieS ,Stresrhts millions Of dollars. And
hound to bring thousands Of people from
tlc &! Ter states 10 pnpulatr onr yo irUn.
domain ,al,,n Taking i ~ IN all. Texas can
for the future.r 'su' OUTLOOK