Omaha daily bee., 1896-11-10
4 coMPLnrE vINpca ROY.


" Is not nm exaggerated estimate that
! 10000 persons who were without EN-.
! plUymcnt week ago today are now at
| work. These are employed In every
/ branch Of industrial and business ac-
tlylly and include many thousands of
q commercial travellers who have taken
. the road within the last few days. More
/ than half the number have been given
/ work in rcopcncd mills and factories,
| while other thousands have been cm.
| plOycd la the various trades. In some
! localities the sudden demand FOR labor
exceeds the supply. The Improvement
I'm Industrial and labor conditions is not
confined to the eastern and middle
! states. II Is seen IN California and some
other far western states.
| This Is but the beginning. Announce
mcnts are made of Industries to start
up and others To increase their capacity
which insure greater demand for labor
| during the next thirty days than has
already taken place. so that before the
close of the year it Is safe to say that
fully 100000 wagr-workCrs who were
earning nothing before the election will
bc at work. 1t is also tu be noted that
this labor Is being employed without
any reduction Of wages and I'm some
cases at an Increase especially for
skilled labor. Consider what this means
In the enlarged distribution of money
and therefore in the purchasing power
90, la, A an Ia.
annual earnings Of this labor is SiOO.
which Is considerably less than it was
four years ago, and we have 500 100000
added To the wage account already since
the election, with the assurance that
This win be at least doubled before the
end of the year. or $l2OOOOOOO annually
br added to the purchasing power of the
people. The Industrial resumption will
not stop there. The spring of 1897 will
witness further demand for labor in
al dirrctiOns-in manufacturing, in
transportation. In building ana in public
improvements. so that II Is reasonably
assured that by next summer practically
all the labor IN the country. especially
skilled labor. will be employed. When
that Is done the consuming capacity of
the people will BE- very materially in
creased and there will be better home
market for agricultural products than
there has been FOR several years Al
ready the policy or opening the mills
has received most complete vindication
Eui this is not the only vindication
of the republican contention. 1t prom
iscd Il fun restoration of confidence and
II has come. There Is an abundance
Of money for every legitimate demand
The supply of gold IL found to be in cN-
ccss Of the demand. since the people do
not want II for general circulation, and
the banks mt the financial ccntcrs are
prepared TO furnish gold for export rs
il may be needed, so that the treasury
reserve, now considerably in excess of
the SlOO,OOO,OOO limit. shall not be
drawn upon. Not since 1892 have the
banks before been disposed to do this
II is highly probable that in the near
future the practice that prevailed until
1890. Of the government and the banks
settling balances between them in gold,
VIII Dc renewed, tluS hUOfulnS luflnef
protection To the treasury reserve
With these facts before him can any
rational man doubt the wisdom of the
American people in sustaining the sound
money cause? But II Is said by the
free silver leaders. who are compelled
to acknowledge these conditions. that
they cannot be perpctuatcd. 1t Is sufli
cicnt answer to this that we had such
conditions almost unintcrruptrdly from
the resumption of specie payments To
lS02 and there is no valid reason why
we may not have them for longer
period If the country continues faithful
To sound money and protection. 1t is
the avOwcd purpose of the free silver
ties to destroy these conditions. If pos
sible, by continuing their agitation. but
the attempt will be hopeless. That
cause is weaker by II million voters
today than it was n week ago and 1t
will steadily decline under the innu-
cncc of Il rising and expanding pros