The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1896-11-12
THE BUSINESS REVIVAL.
II is a Natural Condition After Every
Presidential Election.
From the Cleveland Plain Dealer.

IIeSlQeQtldI ELECTION.
From the Cleveland Plain Dealer.
There is no doubt that the prospect
for business has greatly improved since
the election; it was to be expected which
ever way the election turned. Never in
the history of this country has there
been a Presidential election which did
not disturb business. Public questions
in which differing financial policies are
at stake always affect the minds OF men
and business men will stand still until
such election is over. Indeed, before the
issues are made up business men halt,
go slow and throw out safeguards so as
to be sure whichever party may win.
This always makes a stagnation in manu-
features, in trade and in general business.
When the question is on taxation wherein
the tariff becomes an issue, that has al
ways affected business. The importers
are in favor, as a general thing, of low
tariffs or no tariffs. Manufacturers, as
q general rule, are in favor of high tar
ifs, and trusts are always in favor of
high tariff. 1t helps them to keep the
prices of their products up to the tariff
limit.
It is very natural in the campaign just
ended, where the money question was the
vital issue, that business should be dull
and almost at standstill. Each party
claimed that if it was successful business
would be better, prices would be en-
HANGED, and that more men would be en-
ployed. or course, each party gave differ
ent reasons The Republicans claimed
that if they were successful the gold and
the greenbacks that had been boarded
would be brought out and put into cir
culation. The Democrats claimed that
if they were successful more silver would
be issued. and that money as well as the
gold and greenbacks that were in hiding,
would all go into circulation, and conse-
uuently that higher prices would be main
tanned. To a certain extent both con-
testants were right. Although gold
and greenbacks are coming into circula-
ton, the banks are paying out gold just
as they pay out other money, so one
claim certainly of the Republicans is now
proved true. Their own confidence is re-
stored. That mills viii be started up,
that there viii be much greater volume
of business done in the next twelve
months than has been done in the last
twelve months there is no doubt. Every
bOuN HIS 1GC1tSu W 30 W NbAA w w
business, and to make money if it be pos
sible.
OF course, it yet remains to be seen
how long a large and increasing volume
of business can be carried on without
an increase in the volume Of money. We
firmly believe that the ultimate result
will be a greater demand for currency,
greater demand for honest money, and
when this pressure becomes very great
that the party in power will conclude to
meet the demands of the people. Just
how this will be done no one at present
can foresee. That it will be a necessity
imposed upon the incoming administra-
ton there is no earthly doubt. 1t will
be found that there is not gold enough to
go round. 1t will be found that the Dem
oerats were right in their demands for
the free coinage of silver in order to
maintain prices and to have money suf-
ficient to carry on the business Of the
country and to meet the wants OF an
increasing population.
The best thing to do now for all people
is to go to work, ito play bali" as the
boys say, and stop playing politics.