New-York tribune., 1896-06-20
N THE DRYGOODs DISTRICT.
PROMINENT MEN IN THE TRADE PRAISE

PROMINENT MEN IN THE TRADE PRAISE
THE DO1NGs OF THE CONVENTION
The mos, prominent men in the wholcsale dry
goods district mon who are extremely conservative
and generally decline to express an opinion on po-
ntical matters did not hesitate yesterday 70 oeciare
their extreme satisfaction over the nomination o,
Major Mckinley for President. The heads Of the
great majority of the principal houses IN this ds-
trct are Republicans and all along they have taken
the ground that sound money platform must De
adopted at ST. Louis. and man OF hign character
nominated The unanimous sentiment among ths
body Of New-York business men was yesterday
that these conditions had been fulfilled at 81
Louis. Here few opinions:
John Canin the head Of the great drysoods house
sf The n b Ge aea oSe Maer f MeKnsy a s%nds not
only for protection 10 American industries IN 'he
ts omnson n OF sound none am greatly pleased
also at the nomination Of Mr.. Hobart Tor Nlc"-
ences ! think that the Republican party Is TO ne
congratulated upon the result accomplished al 81
! Louis
A. D. Julard-I am most emDhaticaly pleased
| with the action at 81. Louis l have the pleasure
Of knowing both Major Mckinley and Mr Hobart
personally. and think that the convention coull
not have possibly taken more satisfactory course
| than II has done
George l.. Putnam. OF the firm Of sweetser. Penn
brook e Co-The financial plank In the platform 3
so much better than feared It would be. ihat
am greatly pleased. That plank Seems 10 be al
for a very decided improvement. and the nornina.
ton and the sound money basis pledged ought 70
stimulate trade and general business mo 'iilieu
ate and rapid growth. There has been not'lhs 70
rctard the improvement in business for several
excePt what e sesa to BE |" be- aspec
| BY The Republican nominations and platform
J. Howard sweetser OF the firm of Sweetser, Penn
l;rook g. Co--So far as the effect OF the nomina-
ton and platform Will be felt in commercial and
financial circles. everything looks cheerful and en-
/ couragng. regard existing conditions as favor
! able to a speedy reaction In trade Anything mat
jnsplrcs confidence improves business. Inc money
plank the platform adopted at 81 Louis certainly
does inspire confidence the whole world now .rS
| Republican party stands
! Alfred Ray Of the firm OF Lawrence g. Co, the big
| mill men-The turn In affairs at St Louis pcases
me way down 10 the ground. 1t Will have gool
effect on business. Merchants now realize that the
J turn In the tide Is about TO come don't think We
shall see an advance In prices this fall. but there
Will be a very decided improvement in business and
an increased demand Later; prices VII improve
anything al all 1t that there Will be an extra
session of Congress. or one very soon aiter Mchin,
tariff laws will be changed 50 tnat we snail get
enough to pay It's debts. with something LEFT on the
side This Of course will set the wheeis OF our IN
dustries in motion. and We shal nave better times
John ~ Beach Of Tent. Weller e. Col am sat-
isiied that the Republican party has put forward
sound and sensible platform. II s one on which tho
men they have nominated Will certainly stand. The
action ST. Louis cannot but have good effect on
The Improvement In sentiment alone Will
make business better There is nothing so sensitive
! money. The positive manner IN which the RepLb
| lican Convention declared for honcst money VIII
! have good effect the Chicago Convention. In
short feel that the business community should be
| well pleased at the outlook.
| William Strange, president OF the SILK Association
| of America, and senior member OF the firm OF
| Strange e. Bro.-There is question about the
effect OF the action taken at ST. Louis the bust
ness situation. 1t will be beneficial. Whatever mis-
| givngs European capitalists may have had as TO
| the wisdom and security OF American invest
| n,ents are now laid rest. There Is plenty Il
| freely into American securities. now that there is
not only a prospect OF entire safety, but absolute
pledge the part OF one great party that such an
investment shall be returnilDe in gold. The fact
| that Mr. Mckinley will be almost beyond doubt the
next President of the United States makes the out
lof materially better because investors already ready
without uncertainty. Corrections in the tarif Will
also assure capital tina; not only propose 10 pay
| In gold but that will have funds TO meet our
| pledges / look for an immediate revival OF busi-
| ness. No boom. perhaps but general and salts
| factory increase
| Earnest GreeM, OF GreeT Co.. the big silk
| manufacturers-I feel better now that gold plank
is an assured fac, the Republican platform That
| this will have beneficial effect on business have
| no doubt.
| Hicks Arnold. OF Arnold. Constable & Col am
| very well pleased with the gold plank in the st.
| Louis platform OF course all Eastern men are
| glad OF this We are all for gold
James Talcott head OF the American Hosiery
| Ccmpany7I can already more hopeful feeling.
| believe that the bottom Of the hill OF adverse
business has been reached. and that the future will
| show gradual and permanent improvement Senu-
| ment is all In our favor l heartily ndorse the
| candidates and the platform.
NJ. c. d. Borden Of the American Print Works