The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1896-08-22
JOHN III. HORTON ON THE NEBRAs-
KAN'S APPEARANCE IN NEW
YORK.
WAS AT THE BIG MEETING.
THINKS SEVENTY-FIVE PER CENT
WENT TO HEAR HIM THROUGH
CURIOSITY.
MKINLEY SURE OF HIS ELECTION
Is the Way the Eastern People Re-
gard the OutlOOk-Business,
However, Is Depressed.

| John H. Horton, of the firm of Ran
som q Horton, returned from the East
yesterday after an absence Of some
three weeks. Mr.. Horton spent nearly
all of his time in New York city, where
in the course of his business he came
into daily contact with a large num-
Der of representative merchants of that
city, as well as any quantity of buy
ers representing business houses in all
parts of the country. When questioned
last night concerning the political and
financial situation in New York city
and the East generally, Mr.. Horton
| said:
There is comparatively little silver
sentiment in New York city, not as
much as there seemed to be before
Bryan spoke at the Madison Square
garden. Prior to that event there was
a noticeable depression in business
circles, apparently due to the hurrah
sentiment with which the coming of
Bryan was heralded. But his actual
coming and appearance caused a re-
action. This was largely attributable
to the newspapers, which in their ac-
counts Of Bryan's speech really gave
him the worst of it, by conveying the
impression that the multitude that as
sembled to hear him were greatly dis
appointed, as shown by the fact that
many left the garden within ten min
utes after he began to speak In a
sense, this last statement was true. as
l can testify, for I was there. 1t was
a terribly hot night, the thermometer
registering "a degrees at o'clock. The
neat and the fact that Bryan proceed
ed to read his address caused a good
many to leave the place soon after
ne began. In my opinion rs per cent
OF the enormous crowd went to hear
Mr. Bryan out of curiosity, not be-
cause they believed in the silver move
ment. Well, the very next day, such
was the relief experienced in business
clrcleszgenerally, that stocks rose from
two and half to three points. 1t
seemed as if the atmosphere had been
cleared.
"Of course business is at a stand
still just now. The New York mer-
chants are much concerned over the
attitude Of the West on the silver ques-
ton. The first thing they asked me was
now Minnesota stood. I replied that I
was not any better able to answer
that question than any other Mime
sofa man, but that I believed the state
would be found in the right column
the day after election Naturally the
Eastern merchants and bankers regard
the West with some disfavor, and they
are reluctant to transact business with
the people Of those states which they
consider doubtful. But they are con-
fldent of their own people voting for
sound money. You would be astonished
n cJnn do -.
city who are wearing Mckinley but
tons. An intimate friend Of mine who
has for years been a prominent Tam
many man Is out for Mckinley, and so
are many more Democrats Of the most
pronounced type. With them, it Is a
case of sacrificing their politics to save
their pocketbooks, for the feeling
strongly prevails among the business
men that the election Of Bryan means
ruin. And that same feeling has spread
to large extent among the wage earn
ers of the East. A bicycle manufac-
turer whom I met there, and who en-
ploys over 125 men, informed me that
he had recently called his employees be-
fore him and told them that If Bryan
was elected he would be compelled to
close his factory. Many other employ
ers have given their employees similar
information and the consequence is
that it is to their interest to prevent
if possible, the catastrophe that would
follow the success of the free silver
ticket"
Asked what the sentiment of the
sound money Democrats was relative
to the advisability of nominating a
third ticket Mr. Horton said that
he was somewhat surprised to learn
that the general sentiment favored
such a course
'It was my belief" continued Mr.
Horton, that a third ticket represent
ing sound money would be the means
of drawing away votes for Mckinley,
but the Eastern Democrats argued that
there is a large class Of Democrats in
a state like Kentucky, for instance,
who would never vote for the Republi-
can ticket and who, in the absence of a
sound money Democratic candidate
would vote for the only Democratic
candidate in the field.
ION my way home, I gained much
interesting information from a fellow
traveller who is working in various
sections of the country in the interests
of Mckinley. He predicted that by
Oct. l the Republican party would alb
solutely drop and discard the silver
issue, which, in his opinion, would be
dead by that time, and that Mckinley
would take the stump on the tariff issue
alone. 1t was also this gentlemans
opinion that of the Northern central
states, Illinois and Michigan were the
only doubtful ones
In conclusion Mr.. Horton said that
st. Paul was no worse off at present
than any other city in the country
Business was suffering a temporary
paralysis everywhere, but the indica-
tons were promising that confidence
would soon be restored and with it
would come a general renewal of bus
mess activity.