New-York tribune., 1896-10-24

.Ie has given the state good and clean ao-
ministraton. But hc awafens no enthusiasm
ard he mas incurred The hostility not Only "i ,ne nv
Washbuin faction but Of the city of MinneapoiiS'
the Republican stronghold ot the state as "eli'
because of his participation in deal Which ue
prived that city Of direct representation III 'hc
United states senate.
To make matters worse. there is pitted against
him man whose popularity. especially anoh6
the foreign element. TO which Ciough : candiua,!
does not appeal al all. Is very colsiuelh ho'., w.
Lind. as pointed out in q former dispatcn ~, ~,
the political situation in Minnesota. IS rehesau
Republican and good deal of deinaSosue' pu'
he Is also intellectually The superior "i 'lous''
He is said To he an excellent lawyer ana a HlsaS-
urably successful business man. ON the pea
therefore. that the credit of the state mus, No.
he endangered by turning the ci'icc "l uoNelio .
over to q bankrupt. the candidacy ot I.nu 'aii,Y'
he attacked. Clough, as everybody KNOWS W.
cupes such advantageous position. , .,
All this however, is more or less persona. ns;d
Grafton of permanently injurng the good name
Of the state by turning it's administrator mNrr
to tho Populiss and having the name OF rs Chicl
Executive placed side by side with the fcnnn!-
crs the Waites and the l.cwclnGS OF "thtr
states is arousinE the sentiment Of the State III
a degree that no other issue has. In ~" race .,
such possibility. party lines have hc'n Np'I
ont and the division of nationality maintained
at othcy times. ohliieratcd.
ENCOURAGING FEATURES.
IN no other state is the aound-moncy element
of tho Democrat tic party stronger or more asGfes-
sivc than in Miuncsot1. In no other stat" nave
the foreign settlers manifested such disposition
To abandon thc safe anchorag" oi trad'lioH d'"
political precedent. The Germans fnr ils'd.'c'
who settled carly I'm the history of the H'at'
along its southern border line ana VINO were ~
publicans until III" attempt WAS lnadc I" i"''r
Prohibition down their throats ihIriy years aEp
and thencetorth became sthiWart ~ no'l' i 90;
will this year vote Tor Mckinley anu S"un'
money The Frerch. of whom 10000 are in the
Stale most o. them Democrats, avs" WEI Nu''
the Republican ticket this time. Many "i ll,c
SWcdeG VIII vote for Lind. becausc h" rs or SWed-
ish birth. but they viii not vote for iirEa'I. lht
same holes true Of many Norwegians ana ''aneS'
The most hopeful sign. however, rom - ~. ~
publican pont of view, manifested ltscl lo-ua2
in connection with the recent rise In whcii M ai.-
the temporary slump yesterday IT. the Chlcdso
market Il has had tn effect or aEousihs ''c
Minnea polls people from their pontlcal lr'h"'Ss
and may compe them to take off their coats
and worl: In good earnest for ClouSh as wen
as McKinley. Reference To the MARKERS r,poi,'"
Yesterday shows that. while Wne3t III ,, MIN,
apos was quoted AZ - ii was sold a. f1I. ar ~
,hur on the othc- side Of the Canadian porae''
for S:,-a differenc" Of II cents
The is this: While in Calada therc ,,, =
no lack of money credit To move tne crops.
there is here The men engaged in elevator
operations have been unable 10 command 'ise
credit they formerly commanded, hecauSr iio
one will lend money for fear OF "A Popunst S'h'e ~
Government that may niurc tn" ciedi' % NV
state In order Ia get money Tor pul ne w.
incoming CROPS they have to let 30 at cut p'l''S
the wheat now in the elevators. Which "therW'st
they would have held. They have no money l"
move their wheat TO a more iavorap,, ma , n,,,
and their only customers ar 1ne cc,ting
money, and Therefore buy only suihcieh' lo' ''''-
mediate consumption - c,n,,
one Of tie Minneapolis grain firms offered
nancr in tho East a few days ago goa hptf
and II per cent Interest. and the oier was
promptly refused tins morning with TINS state
ment accompanyihs'
I, is 70, 4 question Of rate i Is question m OF
could We feel SUR o. TIE future u Mr i'{nm y,,,,r
elected We havc no guaIsntce oi wn' j. rc,dincss
for The worst Thc money hold i@ given us on oi,
hc heor that VIII be p@orh pala 3"JS to max max us fcr
absolutely safe We have no doub' tha' tIE1n W -
be whelminsy defeatcl eu' n IT. ,re ,n,ircs, Of
depostors. Iho money Is not onr OWE ~ h""'
Bryan supporters seem 10 thl'ih.
The MINNEAPOLIS elevator companies nave n'ol
in the habit. ~ borrowing millions of mono. at
H. and / u.r cent on wheat security. Thcy
have borrowed mli0nG at thca' rates Hui'"S
the three pant years. because o' W. ",i,l, '''S',
nuality Of the security. But noP. with mi!I9h'
az money idl, because of the uncertainty lndl
confronts the country. but lttl" can be had, 10
matter what the rate offered may be
ONLY MKINLEY's ELECTION NEEDED.
ono Of The minneapolis bankers said this
morning: "It is true that practically no money
could bc secured tif, last Few days on the best
security The charge has been made by sup
nor,orc or Mr. BRYAN that the money centres
proGtod on the adversely or others II the chdIbr
is true Wc could reasonably expect 10 So 'h'
money centres making loans Al ~ per cent vl'
the same security that they have preNluusly
,axan at -. per cent. And yet We arc refused
money at II per cent, or at any rate p'''"iuN
The election decision The banks Of the cpun-
trv are Obliged to hold large reserves. h"causr
we do not know what viii happen. We hf"
within about ten days Of tn" election. ana money
is refused us at II per cent on wheat security,
v,hich is kept margined Tor 10 per cent, and
which passes in the country as the best offered
IF bolicVc II Mckinley ~ elected, that "lthin
two weeks from to-day the money Of the coun-
try viii go tumbling out of the banks AT "is per
fn' h v@r, n pr ihai is refuse to-9iy AZ II per
cent. Mn ~ mems do not want exorbitant
Interest rates that is on" Of the iibrls of the
Bryan campaign Inc! Want h"'u S'O"i''' a.
, a low rate inslcau
| AT orc time ! expected to vote against him. Dut
/, The las, few days have :aught me that tins
| ;e n camnalgn Of broad principles rather than
| Of persons and ! shall vote for Clough. II has
, haon mentioned to VS. already from the East
| that fine prospect Of the election Of "A Populst
! 1;ovcrnor in Minnesota is adding Ia the scare
| and nov the result must u" known lcfor" ~"
! can expect action. 1t is not question %! Re
4, ,uhlicau success from y party standpoint that
| * desired but It is question Of the success
| or The nrincipcs on broad lines that the Eepub-
| licans and gold Democrats stand for Give us
! thc success of those PRINCIPLES a week from
] trucsdav and | will predict that none VIII
! 0ov out Of the banks in all icgtimat" lines like
| water. ard at lower interest rates than have
| been known. because Of the large supply OF
| mou.y that will he On hand for the demand
! II is considerations like these more than any
! other which will insure the success OF tn" Re
| publican state ticket. and VIII put the success
| Of the Republican electoral Ticket beyond the
| sbado,y of a doubt. Ir other words. the MIN
| roopolis faction may get ready now In bury
| the animosities OF the post and go to work.
! VI. q. s.
|