The Republican. [volume] (Oakland, Md.) 1877-current, 1894-03-22
FINANCIAL REVIEW.
Henry CIeWs's Weekly Letter on the
Business Situation.

gaining 1OI W. uCIt HIS DcGl
more buying and at better prices
and transactions have extended
from the industries to the raj road
list.
The Bland bill, which was passed
on Thursday by the senate, had
temporary depressing effect. Hith-
crto, 1t has been regarded as a mat
ter of no really serious moment
for it has been taken for granted
that the President would veto the
measure. 1t now seems. however,
that the kind Of political influence
that secured the passage Of the bill
in the house and has carried it
through the Senate has been
brought to bear upon the President
also. What may be the effect Of
this pressure upon Mr.. Cleveland is
by no means certain at the moment:
but it is safe to say that he has not
met these Establishments with the
prompt negative that has been
expected, Among those who have
gained his ear, there is no question
that be is at least undecided. and
his final action will probably be
upon the balance of forces as be-
tween public protest and party
compulsion. This introduces ii
temporary element of suspense into
Wall street. which may possibly
hold the improving tendencies in
check.
At the moment, the silver ques-
ton seems to be energizing itself
for another Of its desperate spasms ;
we hope its last but it is still capa
bic of causing more than a little
mischief. In New England Their,
has been a gathering of the scattered
bi-metellic forces the organization
has the misfortune, however. OF
being composed chiefly of doctrin-
aires The London cham Der of
commerce. in obedience to the mr.
gency of India and China trades.
has appealed to the government to
promote the reassem bling of tn,
Brussels monetary conference with
& view to considering means for
;n ot' III onnsant 70 add;nn '' motL b
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