Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1894-09-18
Mr.. DEpgW AND CALAMITY HOwLERS.
The Partisan BIindness Of the Latter Com
pared with the Business Dlscernment
of tho Former.

of the Former.
Philadelphia PH5tic Ledger.
1t is both interesting and instructive
to contrast the deliberately expressed
opinions OF a genuinely representative
business man, unusually competent and
experienced, with those of the dis
iointed thinkers" OF the radically parti-
san organs which daily proclaim that
there is and that there can be no re-
yiyal of manufacturing and commercial
activity, for the reason that, with re-
peal OF the Mckinley act, prosperity took
It's flight from the United States never
to raturn again.
Mr.. Chauncey M. Depew, stsunch
ar d radical Republican, who is reid In
such high esteem by his party as to be
considered by its most distinguished
leaders as fit candidate for the high
est national and state political honors,
said 10 the Homburg correspondent OF
the New York Herald on the Sth inst:
THE settlement of the tariff question is
| the beginning OF new era OF prosperity,
The new tariff does not change
materially the Mckinley law, and we now
| know what the situation is TO be for long
| time tn come. Confidence is re-
stored-that means everything to US. The
| Industrial energy of the 10000, 000 people
in the country, not yet fully developed, is
resistless when credit and stability are as
sured.
The consuming and purchasing powers
Of this homogeneous population make
prosperity for every business, regardless
Of foreign demands.
There is no end of idle money which
Il mi n N
than two years the panic Of 1894 will be
forgotten. Mines, furnaces, mills and fac
tories will be in full operation; railroads
will be conveying profitable traffic and the
movement of Internal commerce and the
free circulation of currency or the equlVa-
lent in business and wages will certainly
increase the demand for everything pro-
duced upon the farm or elsewhere"
Mr.. Depew is the president oil one OF
the most com oreheRsive, profitable aud
most ably managed railroad systems in
the United States. He is a business
man in the broadest, most practical
meaning of the term, and, as such, his
opinion regarding the business of the
country is worth more than all the
croakings of all the reckless, unthink-
ing, INSCRIPTIONS and prejudiccd par
tisan organs, leaders ard agitators
from Maine to New Mexico. They
croak the wish that is father to their
croaking; he speaks impartially, In
wise Judgment and from prolonged, In
forming experience.
What Mr. Depew says is confirmed not
only by reason, by common sense, by
| the character, the enterprise, the en-
ergy and the intelligence Of the Ameri-
can people, but by the actual business
conditions Of the passing day. For In
stance, the new tariff repeats the boun-
ty on sugar, aud, in consequence, say
the prophets of calamity" the prodnc-
ton of sugar, especially Of the beet root
variety, must cease. That has been
the continuous croak OF the partisan
croakerS; the answer to it is to be
found in the fact that In Oregon, In
which State the beet root is largely
cultivated, certain capitalists have
within the last few days organized a
company, with a capital Of $1,000, 600,
for the construction of beet root sugar
refineries. This is but one OF the many
instances throughout the country OF
fact controvertiDg inveraciOus croaking.
Since the tariff question has been set
tied, and it has been practically settled
for at least three years, and by its
settlement fixed conditions es-
tablished and confidence re-
gained, the stock market, that
unfailing test of the status OF business,
has bsen giving the most assuring lndl-
cations of revlving prosperity; the great
transportation companies, which are the
porters OF trade. carrying the raw ma
teral TO the works and the product OF
industry from the mills, factories, fur
naces, FORCES and the shops to the mar
kets and the cross roads, have Increased
their traffic and their earnings. In all
branches of trade reports are favorable.
From New York IL is reported
that fu the dry goods line
many jobbers state that thus FAR
during the present month transactions
have exceeded those OF two years ago,
when the demand was the largest in the
history of the dry goods trade" Prices,
it is stated, are firm and advancing"
The boot and shoe jobbers make a SINH
larly gratifying report. Shipments
from Boston last week were or $4,000
cases, as against $1,000 cases for the
corresponding week Of last year; Of S4,-
s26 cases in 1892 and SO, 939 in 1891. In
other trades, even in the wooden, iron,
steel ana tin industries, which are most
affected by the new tariff, there is
shown renewed activity.
Why should not the country now enter
upon new era OF prosperity The
question Of the currency has been dehn-
itely, unchaDgeably determined upon In
favor of a sound, safe, honest one; our
Industries have known settled basis to
build upon; manufacturers know pre-
cisely the conditions under which they
are to operate. American enterprise,
thrift, energy, courage will readily
adapt themselves to the new economic
status, and If there is in sight no ex-
pansive business boom, there are the
most satisfactory indications of reviving
prosperity, OF the real, steadfaSt pros
perity which is better than any spas
mOdic boom.
But facts, however, conclusive they
may be, are not Hkely to silence the
partisan crcakers, whose policy 1t is TO
serve party expedience at no matter
what sacrifice of the country's welfare.
The people, however, will learn the
truth, as II is certain 10 be made mani
fest by the activity and profitable
growth OF trade, and they will be then
no more alarmed by them than is the
timid traveller by the croaking OF the
frogs at nightfall in the roadside