The representative. [volume] (St. Paul, Minn.) 1893-1901, 1896-11-11
CONFIDENCE VERSUS Cash.

tuaU We nave no 8mOltlO0S.
r CONFIDENCE VERSUS CASH.
It is amusing to listen to the chat
ter of our Republican brethren. Here
are some extracts from interviews:
Superintendent of Police Smith
1.-The victory of Mckinley and his par
ty, believe. will result in the restora-
ton Of confidence throughout the
East. In the unsettled condition Of
affairs capital becomes sensitive. and
it was impossible to compel men to
invest their money even though you
used club. With the restoration of
confidence, capital will naturally seek
Investment and this means revival
OF business and employment for the
people,"
Building Inspector Gilman-"From
this time on I look for steady re-
vival OF business. The stagnation for
the past year or two resulted from q
lack of confidence and 1t is almost
impossible to secure money for invest
ments. II money is easy to get it will
be invested just as readily, and in the
matter Of building In Minneapolis,
personally know Of where first-class
security has been offered by would-be
borrowers and still the banks refused
Accommodations.
City Assessor Plummer-"I believe
the election Of Mckinley was the best
thing that could have happened, and
the business Of the country which de-
ponds on the confidence and faith Of
the people In safe and secure form
Of government will continue to grow
from this time on"
Mayor Pratt-"I have no doubt but
that the result of the national cleo
tion will have the effect of restoring
confidence. which has been shaken
through the agitation and uncer-
tainty incident to the campaign. l
confidently look for general revival
of business and an era Of prosperity as
the result of secure and settled times.
or course, you cannot expect imme-
date results, but the change will be
more apparent with the opening of
spring business. Even now, l am con-
versant with several business transac-
tiOns that have awaited the result of
the election, and since when they have
been cons umma ted.
Observe how they are beginning to
crawtish! We were assured that the
moment Populism was defeated and
McKinly elected prosperity would
jump in among us.-like clown into
circus ring,-cracking his whip and
shouting:-"Hoop la! Here we are
again, Mr.. Merry-manw Now they
perceive that times are just as hard as
ever, and so they tell their dupes not
to be in too great hurry;-pros perity
is coming-it has its trunk packed
and checked, but it will not get here
until spring-or next fall-0r the yeal
after! ~'--.':>fs- .,.-~-'
And see their sensical talk about
icon fidence!" -"confidence!" --''con
tidencev II a farmer has no money
to buy goods with what use is '"'confi
dence" to him? If the merchant ha:
too much confidence" in man who
has no money, and nothing to sell tt
get money, he is on the way to bank
ruptcy.
You may invite in your friends to &
banquet, and seat them at table
loaded with plates and knives ant
forks, of silver and gold, and they ma.
go through all the forms of eating ant
drinking, with great gusto, but /
there is no food on the table theil
bellies will soon find it out. Conf
dence" never filled any mans stomach
and never will.
Bring forth your pros perity, Mr.. Nc
Kinley! Mankind is weary of thu
thistles of promises and hurrahs. 1
demands something more substantial
Read the following, published in
Minneapolis paper, of Nov. 7th:
William A. Mcleod has made an as
signment for the benefit of creditors
to Henry w. Benton, The insolven
was doing business as w. A. Mcleod
& Co, in the wooden trade, with store
room at 3o1 Hennepin avenue.
Docherty & Matheson have made
voluntary assignment to Frank w
Greaves. The firm has been engaged
in the merchant tailoring business a
% Fifth street south.
These poor fellows had all the icon
fdence'' in the world but they had no
customers enough, or the customer
could not pay what they owed them
Why? Why? Because the prices O
all commodities have fallen one-hal
through the demonstration of silver
You cannot lift yourself over tina
fact by Juggling at the waist-band o
the Heterogeneous of confidence.
Read this from Minneapolis Tri
bune interview with one of tn
leading grocers Of this city:
George r. Newell was taken as
representative Of the grocery and d.
tributing interests of the city. II
was feeling good over the election Q
Mckinley, but says business men mus
not look for too great an improvement
In the situation Immediately. Th
stagnation of the past three years ha
been too pronounced. "For example,
} said Mr.. Newell. sin the grocery lin
country merchants have been able t
sell only the most staple goods. Thei
sales. too, having been placed upon
cash basis, have been reduced to tn
point OF supplying only the neces
saries of life. This has greatly affe'
ted the wholesale trade. Now, it wi
be some time before change for th
better Is felt. The country must &c
hold of some money before we ca
hope for any great improvement.
Now this shows glimpse Of sens,
He sees that people did not buy h
goods because they lacked ICON
dence," but because they lacked casl
: They have bought only 1.-THE nece
saries Of life." The country, says M
, Newell, "must get hold Of some none
| bo Poro -o CON hopa fop o0u ~voo< 4,