The times. [volume] (Richmond, Va.) 1890-1903, 1895-03-10
THE SKIES AXE BRIGH1ENING'

Mr. C. p. Huntington is now well ad-
y,noed IN life and he has been one OF
/ the greatly successful men In American
business life. His opinions regarding
business conditions are worthy Of atten-
ton.
In an interview with a reporter of the
New York Times he said day or 80
back 'In my own experience of sixty
years / have never known more than
three good years in ten on an average,
and there usually have been three pretty
bad years In the same ten"
But more important than this is Mr..
Huntingtons further statement: Il calcu-
late that the time has come for improve
mont and a protracted period of solid
prosperity. OF course there are agitators
| and skeptics who still keep UP their
dismal talk. I don't think sueh talk
amounts to anything. ! guesS-and IL Is
the privilege of every Yankee TO guess
that we are going 10 have five years
OF good business" And he added Il
shall he very much surprised II TINS
country does not have from now on hve
! as good business years as 1t has known
within fifty years.
This is the sort Of talk that the coun-
fry wants to hear now and coming from
a source as important as Mr. HuHtlng-
ION is II must inevitably have an iniiu-
ence in stimulating confidence, which Is
the one thing needed now to start this
country upon an upward career
This is a free country, and every man
i'm il has a right TO entertain whatever
opinions suit him and to do what he
pleases not forbidden by the laws, and
that does not amount to the violation
of another mans rights. But no man
has a right to put out fake statements
concerning public affairs that have
tendency to operate to the prejudice OF
public interests. Within the past day or
two manufacturers of false information
have been circulating statements in the
press that the new gold that the Urea
sury mas secured is being rapidly drawn
out. and that the Rothschild-Morgan syn
dicate are having difficulty in securing
the gold that remains 10 be furnished
by it under its contract with the Govern
ment. These statements are, of course
calculated 10 seriously repress that rising
confidence of which We see evidences
everywhere. They are absolutely raise
and the Treasury Department has most
wisely given them an explicit and Off
lfolI ha
following sentence with which the Trea-
sury Department closes its statement:
'CThe prosperity of the country will
be greatly Ia. tened when some effective
method is found of checking these alarm
list articles written by newspaper CORE
spondents and newsgatherers who are
willing TO sacrifice the truth and their
own consciences-if they have any-to
create cheap sensation and play upon
the feelings of an already over-wrought
public
We are equally in sympathy with IT in
its scornfM reference TO Russell Sage's re-
cent withdrawal of $4,000 of gold from the
/ treasury TO lock up in the vault of a
trust company. Sage is a very wealthy
man, and all his interests should impel
him. and every instinct should prompt him
to aid the Government in every possible
way in the emergency that it has recently
passed through. Instead of that, how
ever we find him contributing through
this act to the Governments embarrass-
ments and difficulties. 1t makes no differ
ence whether he was inspired by panic
or desire for gain. His conduct is
equally reprehensible in either case. and
although he had perfect legal right to
do the thing he should be a marked man
amongst his neighbors. and known and
treated as one who, in general peril, is
TOO igno5le to bear his proportionate
part of the danger.