The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1896-12-20

the building they turn 1t into hotei'
They fix up cafe half dozen or so ia
bic De Hotes, Bottle Denotes and other
De Hotes put up fire escape over which
a half dozen men would get killed trying
to save one child give it some high
sounding name and the work is done. The
higher the building is and the higher its
name sounds, the higher price you have
to pay if you put up there. The nj. Il. w.
limited, TO be more explicit the Mckin-
lev Prosperity wave has struck every
thing in New York except its business in
ferests. 1t has struck Broadway and
that famous enterprise has put on some
twenty-five or fifty thousand additional
walkers. 1t has struck Wall street, and
knocked cent and half pound off of
cotton.
1t struck the Anti-Tammany reform
administration and now they are giving
away ten million dollars gas franchises. 1t
struck the hotels and now many of them
are putting on new clerks to keep the old
clerks from getting lonesome.
1t struck the Bartholdi statue n
broadsider. This famous institution is
still in the liberty enlightening business,
doing business at the same old stand,
running day and night, with more orders
than it can fill. 1t has just had TO turn
down n big order from Cuba, but is said
that it will be prepared to meet all de-
mands during the coming summer, as 1t
has placel an order for several cargos of
foreign liberty, the shipment Of which
was contingent upon Mcl\inley's election.
This, it is said by Cleveland and Carlisle,
Mckinley, Sherman and a number of
other experts, is far superior to American
made liberty.
The S. O. l.. got wrathy few days
ago. when it read about the murder OF
Maceo, over in Cuba, threw up the other
hand and declared that it was going to
quit the liberty enlightening business en-
tirely, but under promise that Maceo
, will come to life few more times and
that Congress will resolute year or so
longer. it has consented to open up again
and try to keep UP with the demand for
enlightened liberty until the Mckinley
shipment from abroad arrives.
The NJ. p. W., limited, has also struck
the New York banks, and they tell me
that you can borrow all the money you
want if you've got the stuff to put up for
it, but what anybody wants to borrow
money now for, unless it is to make up a
deficit | can't tell. With little demand
for products and with everything going
down, but money. / should imagine, that
an enterprise established now on borrow
cd caDital would be in shy row for
stumrs. :
Mas talking with noted Wall
streeter- one whose voice you could near
abovp all the others in the Mckinney
chorus before the election. | asked nm
| Svbat was the cause OF cotton gong
down a cent and half since the cleo
| ton? -,
"Damfno: it's all Greek to me-" he re-
| n,ied @and nobody is disappointed more
than / am" 49,
Didn't you all advise the South that
cotton would be higher and the West
| that wheat and hogs and corn would pc
higher if Mckinley was elected!
asked.
| honestly believed it.
"Has not the South and the West been
| large buyers Of futures in consequence
/ asked.
$50 far as my experience and obser-
walton goes, they have" he replied.
"How much do you estimate the losses
sustained by the South by speculation
alone on this decline in cotton!
| 81 should say, not less than five mil
lions of dollars" he frankly replied.
and the West, how much has that
lost on speculation in its productsF
Not any less he said, with equai
frankness.
"Who are the gainers"sI asked.
! "Why. the fellows on the other side or
| the deal,'' he replied. a.
"Who are they?' insisted
aThe bears, of course" he said, land
| they are as thick as women around Wall
street.
I asked another prominent Wall
| streeter what he thought brought about
the decline.
sMr. Bryan did it," he said, "by keep
| ing up his cry for silver"
| Another fellow said 'it was because the
cotton growing States went for Bryan
and silver"
But l met one who was totally con
verified.
ooh. yes" he said 4 howled for sound
money and Mckinley, but I've got enough
Of them both to last me the balance of
my lifetime, and the result in Lynn,
| Mass, is only little forewarning of sill
! yer STORM IUaL Is going 10 sweep tiee
country in '9S and again in 1900 and what
little / can do to add to the fury of that
storm / am going to do it or die" :
! New York is a great big show and
there is in the play tragedy, comedy, bur
lesque and bowling farce.
| stopped in front Of the Hoffman
House a few nights ago and for moment
watched the play that was going on in
side. 1t was some kind of q social
gathering of the upper circles" Carriages
and coupes crowded the streets for
blocks, and the gayest of the gay alight-
ed from them. 1t was just beginning to
snow, but that made no difference.
While / stood there at least half dozen
grown men and hoys begged me for just
one nickel to help them get mouthful
to eat They could sleep in streets as
was their habit. Inside | saw fellows
pay five dollars for little lunches of
flowers to be worn for an hour by gay
charmer. and then cast away. Five dol
lars and perhaps in some instances fifty
dollars to please the frivolous for a mo-
ment but not nickel to keep the breath