The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1896-08-19

NEW YORK, Aug, lS-BuSines5 mas
taken on brighter hue since the Popo-
cratic candidates for socialism and de-
based currency has been seen and heard
in the east. The chilling reception with
whlCh'hc met here was an object lesson
to all the country. II was evident that
It was curiosity and not enthusiasm
that actuatsd the people who went TO
Madison Square Garden. The people he
had come to conquer were amused With
him. His own managers hustled him
away US speedily as possible and have
Imposed silence upon him..
Up until he had reached this city he
had done grlevlous harm to industry
and investment. lIysterical people pro-
claimed him another Lincoln. There was
the inCcndIarlsm of the zealot about him
that might be contagious. There was
danger IN the ln0IScreet speeches he had
been making. There was dread that
in many sections this apostle of revolu-
tlOn would excite mems passions by un
appeal 10 their CupiI!ty. The west and
the south were represented us ready for
any treason and for all spoils. There
was to be the Issue OF sectlonalism and
Of class.
The business world, naturally tlmid.
shruEk within Itself. il was not that 1t
was cownrdly, but that 1t was prudent.
II could not take the chancts-remote
and ChImerICnl however 1t might be-Of
expanding Itself or even OF continuing
AZ It wa3 In the face OF possible disaster
In the autumn. The banks were forced
IN n k.. ltNn Of 1Isplttnt4 "A
customers. These customers are the
business community In all its divers
branches OF trade and manufacture.
Fully nine-tenths Of all the business of
the country Is done through the banks
In the form OF negotiable exchange. y
Curtailmert cf accommodation on the
part of the banks meant necessarily
curtallme- 10 the volume of business,
and In many caRcJ of the closing down
Of mills and factories. and throwing out
OF employment thousands OF people.
Were Compelled to DO II.
The banks were compelled to act as
they did. They could not exercise Il
discretion, for they are but the trustees
OF their dcpositors. who might make Il
demand upon them az any time. Their
deposits are but trust funds that they
did not feel they could permit to be re-
placed by securities which change In
the fiscal policy or in The currency OF
the country might deprec!ate. Mr..
Bryan In his speech In this city said
that II was not from the men from
whom they borrowed money that man.
ufacturcrs made t!sa!r profit. but from
those TO whom they sold their goods.
The trouble was, before Mr. Bryan
iurers could not borrow the money
with which Ia make the goods.
We'll. the Boy Wonder has gone
away 20 rusticate and think, and the
best and most patriotic citizens are
agreed that his brief visit was q bless
ing In Disguise II has aroused and
Solldilied sentiment in favor OF honest
money ana protection. II has sent Nc
kinley stock up many points higher
than the very high level at which II
stood one week ago. II huS satisfied
those who had honest doubts on The
matter that Bryan's loud pretensions
have been proven from his own mouth
10 be nothing more than the artiflces OF
the demagogue 10 becluud and mIslead
those who paid any attention TO him.
The fevrrish uncertainty that has
been visible In business circles since
tIt SHlGNBO tOllNtllllull nus DetIl NdH-
ishinS In this city since the Boy made
the greatest speech OF his life" And
business men oil say that 1t Is fortunate
that II IL so. for the free silver agitn-
ton has already done more mischief
than Mr.. Bryan and his Popul!st allies
can ever repair
These business men, however, are pre-
pared with Il reasonable assurance OF
the election Of Major Mckinley 10 go
on with their manufacturing and give
To labor now Idle employment that will
be both steady and remunerative. They
desire 10 return TO the conditions of
1892, when labor enjoyed Its fulles; re-
ward and capital was active and prof
liable. With sound money insurinG
stability In prices and n tariff that
will protect labor the silent looms will
spin again and the furnace fires now
banked because OF uncertainty will be
stirred into vigorous life.