The times. [volume] (Richmond, Va.) 1890-1903, 1895-02-28
IT LOOKS As THOUGH tsiNEsS
WE'RE ABOU" 10 REVIVE.

Events are happening which seem 10
indicate a possibility that business IS be
ginning TO revive. The Railroad Gazette
mentions a number of substantial or
ders from railroad companies during the
month of February for rolling stock. the
Illinois Central Fas given one for 1000
freight and 800 refrigerator cars; the Du-
luth and Iron Range has put in one for
400 ore cars; the St. Louis Alton and
-~Terre Hapte for 125 furniture and ordi-
nary box-cars; the Southern railway for
$50 ventilated fruit cars; the Missouri
Kansas aud Texas for 1000 freight cars.
The New York Central has put in an
order for 1900 cars. and the Iron Age
states that Indiana shops have secured
an order for 900 freight cars from an
other source not mentioned. There are
also orders from other railroad com
panies for cars, and FOR some twenty-five
new engines.
This is not much OF a showing compared
to the volume Of business that was being
done when the sherman silver law broke
down confidence and started the panic in
1898. but il is so far ahead Of the dread
ful monotony of nothing doing that we
have seen for months past that it al least
encourages a hope
We are about now to have the country
rid of that scourge, which has afflicted it
for two years-the Fifty-third Congress
and, as the Governments revenues VIII
soon be sufficient to meet it's expenses,
there will be no necessity for the Presi-
dent TO call the Fifty-fourth Congress in
extra session The country will therefore
be free from the noXious interferences Of
the ignorant or cowartlly politicians who
constitute Congress for nearly a year.
And when the new Congress meets in De
cembtr next the next Presidential cleo
ton will be so near at hand that no polit-
zeal party Will be likely to become active
with measures calculated to disturb the
Peaceful current of business; and that
is all that business wants to re-establish
itself and flow along again in it's natural
channels. The advent of the worlds
financial magnates upon the theatre Of
our affairs is TO be interpreted as mean
ing that the banking power of Europe
has come to the conclusion that the rad
zeal reaction OF the last FIVE years has
don6 its work of purgation and liquida-
ton, and that the legitimate forces of
commerce are now beginning TO normally
re-assort themselves. and may be again
safely encouraged. We have almost the
open assurance that the syndicate which
took our recent issue of bonds have in
ultcrior contemplation the restoring Of
orcer in our finances as means OF
bringing about rest in European finances
and that their support of American
credit is TO be continuous, as means Of
fostering foreign investments in our re-
sources and thereby stirring the stag
nant waters Of Europe as we'll as OF this
country.
There are distinct evidences. other than
those We have mentioned. that the gen
cral aspects of business ATE improving.
Tho New York Times interviewed several
newspaper ublishers. who are holding a
convention in New York. last week as to
the conditions of business in their cities.
Mr. OMeara, business manager of the
Boston Journal. said that he lately talked
with business men from all the mana
featuring towns OF Massachusetts, and
they agreed that more people were now
at work than had been at work at any
time since the business depression be-
gan. Mr.. James EMERSON, Jr OF the
Philadelphia Inquirer. estimated that
there were In his city about half as many
unemployed as there were "A year ago
Several Of the managers inferred from
the increasing advertising business Of
their papers and other Indications that
there vas . considerable Improvement in