The Democratic advocate. [volume] (Westminster, Md.) 1865-1972, 1894-10-20
Organs and Newspapers.
From the Philadelphia Ledger.


Colonel Myron T. Herrick, President of the Ceve-
! land (Ohio) Bank, who, on the 10th instant, adj
dressed the Bankers Convention at Baltimore, on
the subject of the influence of newspapers, with
especial reference to the part which some public
Journals played in promoting and maintaining the
| financial and mercantile distrust which was 50
vicious factor in the panic period of 1s9'9l, while
speaking accurately generally. failed to justly dis
! criminae between the reckless INSCRIPTIONS par
| tiSan organ and the genuine newspaper. Colonel
| Herriek should have accentuated the wide differ
| enee betweee the responsible newspaper seeking
| inteiligently and in high conscience TO serve the
public, and the organ seeking to serve only party.
and holding that any and all means justify the end
party success
Had this been made clear the severe animadver-
| sion of the speaker would have had greater force
and been more just. Further, il may be fairly
| stated that what Colonel Herrick said in condem-
nation of those partisan organs which last autumn
famed the flames of panic by impairing public con-
fidence in the stability of the financial condition OF
the country might be now said of such of them as
are still engaged through their desire to the
votes of the unthinking and uniformed, in their
| accustomed work of misrepresentng the real
state of trade and the actual conditions of business
| They are not at present crying panic" but they
| are AS they no doubt honestly believe rendering
effective partisan service at the expense of the peo-
| ple's interests and welfare. by crying calamity
| and ruin
| One of the Journals. the New York Tribune, which
| persistently maintained that the business of the
country had been irretrieveably ruined by the new
| Tariff published the other day an entire page of
statements made by the most prominent bankers,
/ merchants, shippers and manufacturers Of the me-
tropolis. all which were the general effect
10 wit that business is rapidly reviving The Tri-
bune's introduction to these statements fol-
| lows:
zone need not 20 into the downtown business
houses to notice the change. The sidewalks lit
tered with packing bearing the marks of all
parts of The country, the hurry and hustle Of the
outside workers, porters draymen and helpers, and
the smiling Faces of the statesmen on the store floors.
are indicative of business. The stores which were
tightly cid led at dusk for months are brightly llu-
minated AiI late at night, and through the open
doors cosne the hum and buzz of activity. The ho-
tells me 81 frequented by buyers crowded, and in
the Siing swarm with ',irummers' the lookout
for tlk country buyer. At the theatres and other
PLACID of amusement the merchants from the West
and kouth are seen in large numbers, and even dur
ingthe Indictment weather of last week these signs
of returning activity in business abundantly I'm
evidence"
Another high authority ii most efficient organ of
its party the Cincinnati Tribune. said, in its issue
of Die 9th instant:
ow, as the winter draws near, our manufac-
tlIrrs IRE working full time meet the fall winter
ami spring demand in their several lines. They
ha u the financial ability to carry large stocks, and
if fcessary give the longest limit of Credits which
conditions will do much toward restoring to Gin
elm eati the commercial supremacy which, by right
of IAerit belongs TO her To-day Cincinnati stands
out3is the most stable commercial and manufacture
ing &entre In the country"
nm ST. Louis Republic, of the same date, one OF
the most reliable and representative journals of the
West aid with reference to the excellent business
condi Mons of that city:
'Of 1.-The 80 per cent. increase in the eity's bank
clearing during the week. fully onehalf was due
obbiAg house In the city that did not do from 25 TO
30 pei cent. more business last week than during
the corresponding week Of last year. Dry goods,
groceries, boots and shoes hats and caps, hardware
and |wO0denware were all active The jobbing sea-
500 for fall goods will soon be over, but II not an,
Oh er dollars worth were sold the sales would ag-
gfIegate considerably more than last years did,.
1.-THE Charleston News and Courier Of recent date
lid. speaking generally for the South. which its
&eading position entities il 10 do:
I'VE are making money and saving money, we
year we are building up our industries AT phe,
nominal pace"
Testimony to the revival and activity OF trade
similar TO the foregoing might be quoted from many
representative newspapers Of NIL parts OF the e0nn
try and Il would be disputed only by those partisan
organs which insist that the country's business Il
dead or dying under the new economic conditions,
apparently because their wish is father TO the
thought which partisan expedieney suggests