The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1896-12-29


dining room of the Lincoln hotel was
tastefully decorated tonight. when the
It's invited guests of the Lincoln Trav-
cling Mems BRYAN club sat down to
the banquet which was given in honor
/ of w. j. Bryan.
A large portrait of Mr.. Bryan. draped
in the national colors, occupied a prom
inent place at the head of the room.
The columns and arches of the dining
room were covered with smilax, while
the north windows were banked with
flowers and plants.
Letters OF re=ret were read from
Hon. r. p. Bland, Missouri; Hon
Charles a. Towne, Minnesota; C. s..
Thomas. Colorado; Hon. d. o. Meyer,
Kansas; Governor Stone, Missouri;
Governor Altgeld, Illinois. and Con-
gressman-elect w. L. Stark Nebraska.
Mr.. Bryan, Governor Holcomb, Sena-
tor w V Allen and other prominent
men of the state spoke.
NEVER BEATEN.
Introducing Mr.. BRYAN. Toastmaster
Hitchcock said
The cause of the people is never
CCdICA1 4AC4O u lnG DcODlc IL HGNGI
vanquished. After the gloom at Valley
Forge came the glory at Yorktown
After the disappointment of 1896 Will
come the JOYFUL triumph of 1900 To-
night we entertain a guest whom many
millions love and whom all the world
respects. Gentlemen, l propose toast
to the great guest of the evening-our
candidate that was. our leader that is
and our president that is to Devil
liam Jennings BRYAN of the United
States"
In responding to the toast, Mr.. Bryan
said
Il am glad to have the travelling men
interested in bimetallism, because they
are always able to defend any position
taken, and are travelling missionaries
in behalf of any cause which they
espouse. I expect them TO be of great
service during the next four years in
presenting the merits of free coinage to
the business men of the country
THE MEN WHO KNOW.
1.-The travelling men are in a position
to measure the promises made by the
Republican party with the fulillment
of those prOmises-in other words, they
are prepared to compare the goods de-
livered since the election with the sam
pies shown during the campaign The
public was told that Republican sue
cess would restore confidence, and that
confidence was the only thing lacking.
In Dun's review of Nov. we find these
words: A great revolution has been
effected this week in the conditions
which control business. 1t could not
be in any fair degree reflected, as yet
in transactions or in records, but there
is ample evidence already that a crush
ing weight has been lifted and rolled
away, and the business world has be-
70 o1 RI CT 70 of
dom and security which it has not
known for years. Dread of immeasure-
able disaster no longer locks up re-
sources and paralyzes industry, and
new contracts involving many millions
have become binding since the cleo
ton.
The following week the same review
says: No one now doubts that the
day is dawning, and it is COM
mon remark that never before has bus
mess shown so great a change for the
better within a single week
ION the following week the review
starts out with the statement: The
gain in volume of business continues
entirely without precedent.
THEN IT SHOWED.
BY the fourth week disappointment
began TO manifest itself and I find,
according to Dun's report. that five out
of the eight reports since the election
show an increase of weekly failures
over the corresponding weeks of last
year. For the eight weeks since the
election the reports show IS business
more than for the corresponds
ing eight weeks of 1895, I call atten-
ton TO these figures because they show
either that confidence has not yet been
restored, or that confidence, if restored,
has not yet restored prosperity Every.
failure among the wholesale houses
means a loss of employment to travel
ing men, and every failure among re-
-ail establishments means the loss of
4 customer.
OUR CONVENTIONS.
'Bimetallists have contended that
hard times are due mainly 10 the rise
n the purchasing power of money
they have contended that prosperity
must begin with the farmer and la
1orer, and afterward reach the COM
nercial classes The Republicans have
promised to restore normal conditions
without increasing the volume of cur
'ency What they may do hereafter
'emains to be seen, but it is evident
hat they have thus far failed 20 bring
'elief to the people.
.'Duns review of Dec. 26 reports a
alling off of "a per cent in bank ex-
.hanges in the leading cities for the
i've days ending Dec. a, from the cor
days of last year and a
alling off of 16 per cent from the cor
days of 1892