Fort Worth gazette. [volume] (Fort Worth, Tex.) 1891-1898, 1894-05-27
/ IHE BANKERS THINK
r,r TARIFF BILL DIS
~ y ny BUSINESS MEN.
,se Country VIII Soon
,.... an Imprcsement-nus-
ou,,o,s Depends Largely
II congressional Action.

usage OF the bill now pend
(, Z, Gazette detailed a reporter
=. .a,u the Fort Worth bankers
"a kindred subjects. The fol-
= & Tie result
.'a,at II. c. Burlington OF tile
! y, National bank said: The con-
!, business in Fort Worth is
.u,,t at present, nut I hope for
lament in the near future.
!, with the low price Of wheat,
h,ef and general agricultural
!. there can be no considerable
4 very soon. The passage of a
nu that will stimulate and de-
more active trade between
rured States and foreign coun-
IN have beneficial effect on
..neral business Of the entire coun-
n,msnd from abroad for our pro-
xill distribute money among our
/, and that will result In increased
80 activity throughout the cOun-
A. II will take some time to de-
an active foreign trade, We may
4 eorfesponding hardness In gen.
spsness. The action OF congress
4, tariff question has kept BUSH
.teiprlses In state of embar-
AZ uncertainty. Prompt action on
tgislation will in great meas
simulate enterprise. l believe that
al become necessary for our peo-
& adjust themselves to a condi-
4 things with which many have
ksn familiar for more than twenty
ncloser management of business,
areful extension OF credit. more
~ IN living. are imperative in
a conditions, Money is "A basis OF
Ifst upon which all the common
md trading nations of the earth
n snee to fix its value. No one or
4 ountiics can alter this general
The United States alone cannot
,aic or dictate silver 10 parity
u Euld. | don't think the present
Iitbn on the money question is Sc
o1ly affecting the business Of the
5lip.S
u Luther /. Boaz. cashier of the
rscah National bank, takes a more
tful view of the situation To
t;te reporter he said: There is
fxpilble Improvement iii business In
Ctpeton OF good crops, for which
have fne prospects. l think the
NJ question should be settled, 20
ne can know what to depend On.
sress should pass tarim bill AID
|nalate a settled policy on this ques-
+ think the principal cause cf
|snatlon In business in the United
yes at the present time is on account
2 lack OF Il defined policy In refer
i 10 the tarin and financial uues-
Z, For several years past people
e not known what to expect along
y lines. favor hlmetallism when
lsandard Is established by The lead
monetary nations of the world. l
ni The United States TO keep its
inets on It's present basis until this
tnatlonal agreement 10 reached.
sever little the influence adverse to
policy now established may be,
mmpering with our present imam
system until this agreement IL
snphsho9, has the effect 10 bring
W = FEELING Of unrest aud a lack
Y Max Elser. cashier of the CITY
lehsl Dunk, thinks congressional
salion Will have largely to do with
tgtufe business prosperity. said
tner: "The business outlook In
worth depends largely ON leg
uoh by congress. Texas will make
year the largest crop In her lis
: ana our people arc comparatively
from debt. IL tile people NJ the
Wy az large were In as good con-
y as the people OF Texas, we would
lsssing the most prosperous times
Known In the United States. The
'age by congress of II tariff bill
~ Put all our Industrial nctcr-
E into operation. TITS would give
,Sssllent to labor, which. IN turn.
y cause merchants TO buy more
Mau 10 better times generally. At
~ capital lies lille IN Our large
y yeniers, us people are unwill-
" invest until they know what
'.sss Is going 20 do. The only ef-
VS. PRESENT agitation on the money
,uth mas on husr.css iii TO keep
,ne feeling of Unrest and uncer-
:. W. Spencer. president OF the
nsls and Mechanics bank, thinks
0uuook for business is good and
usre Is plenty OF money In Fort
"a ior all legitimate business. He
4 mink the business prospects
~ Worth are very bright. There
wy lew va9ant residences in the
anu great many other build
aIe In course of construction.
Ms NJ IN Fort Worth are suffering
Mue from want OF employment,
4. Wis indicates a very favorable
.uoh Tor Fort Worth's Immediate
" ~ addition, crop prospects were
~ oIishter. Delay by congress
.iW legislation has the effect of
"s sVery form OF Investment wait
what the outcome will be. with
logrnment Of congress, whatever
aeuon on this matter may be, the
y showing what TO depend ON,
making investments in en-
ttu - fiNliiiHt "a pIOHl. Inns IT.
~ neget confidence and conf
aesding on It's own substance is
!" ne followed by general pros
!, M, he effect of the agitation OF
. ~ question only serves to
~ ny banks more exaotlng In the
collateral required. There is
capital in Fort Worth for all
iscNe mercantile and business en-
, M NJ mere is also plenty OF capital
roel,eieuNe purposes where gilt
'fn,iateral IS offered
zen .: Smith. cashier OF the
and Mechanics National
soesn,t undertake to say what
- VIII do or what Will be the
\ out he does know that Fort
IA az right. and is experiencing
~ healthy growth along all lines
n ~ The outlook for Fort
y, sald Mr.. Smith to a Gazette
! psoaay, Is brighter than ever
Sanks have an the demand
N-h supply lnntr f.t much