The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1896-11-30

Copyrsxhted isse BY tho Associated ~
London, Nov. 9-RepreSentaSfves OF .ne
Associated Press have been making m
cuiries In various British ana continenaAs
trade centers as 10 the effects upon tSos
already rraceahie 70 the result OF the pres
idential election. These inquiries have
been made among the ieaoins eApof
houses at the American consuiates ano OF
the larger forwarding agents In EnssAho
the increase in the number OF invoices OK
all the consulstes In the frss week AFTER
the election OF Mckinley WAS more
marked than during the second and tniru
weeks. But the increase for the second
and third weak over the same period OF
October was at many consulatss over -
per cent.
Among forwarding agents there IL tho
general belief In good times abroad. many
Of them having since November mace con-
tracts for large amounts of cubic space
Exporters and large commission houses
report greatly increased activity, which
they expect 10 continue for some time.
American stocks OF dry goods. ETC.. have
been allowed to fall very low. The winter
buyers. due shortly, are expected to croer
heavily.
In Dublin the election Of Mckinley has
been very cordially received by the export
ers. There is everywhere noticeable
general expectation OF improved trade dur
ing 1897 This feeling is based In part
upon the assurance Of policy OF con-
tinuity in monetary affairs. and partly
upon the indications OF the past few weeks
OF the returning prosperity IN the United
States. One large exporter. however.
qualities this generally held opinion by
saying:
international trade Is dependent upon
so many nuctuating quantities that no
absolutely safe predictions can be laid
down as 10 the future"
In Paris the increase In shipments TO the
United States has been marked consider
ably since the election. The indications IN
trade circles are that the exports during
the next few months will be heavier than
for a long time past. This arises partly
from the fact that many orders for mer-
chandise had been given by American I'M
porters conditional upon the election OF
Mr.. Mckinley. and that good many
others had been withheld until the result
was known.
Another cause assigned for the actual
and prospective increase in French trade
with the United States Is that this wide
spread anticipation in France OF an In
crease I'm the tariff creates tho idea that
money will be saved by large shipments
OF French goods to the United States while
the existing schedules remain In force.
SO far as can be judged by the expressions
of exporters doing business through the
United States consulate at Paris the sat
isfaction at McKinley's election which
arises from his position on the currency
question Is somewhat tempered by the
fear that 1t will result in tariff changes
prejudicial 10 the interests of French
manufacturers and producers.
The beneficial effects noted in Paris
were also reported from Bordeaux. An
immense quantity of merchandise was
shipped from that port to the United
States as soon as the result OF the cleo
ton was known. Bordeaux shippers pre-
dict period OF prosperity.
In Germany. moro particularly IN
Frankfort. the defeat OF the free silver
coinage proposition has also been received
with satisfaction. This IS perhaps the
more natural at Frankfort, when IL II re-
nemhered how largely American national
railway and Industrial securities are held
by all classes.
A leading exporter writes:
1T Is generally recognized that the
financial policy which shall most fully rec
ognize and secure 10 American finances
permanency and stability and render the
American people prosperous Will be the
policy most conducive TO healthy and
legitimate International commerce."
At Dresden the exporters. while active.
are little more conservative in express
sion. They go only so far as 70 admit that
the fear of the adoption OF silver stand
ard has only been temporarily d.speiled.
Even so. International trade already has
been benefited. But the uncertainty of a
new tariff schedule and the fear OF ex-
trene tariff legislation. combined with
the belief that the silver battle Will have
TO be fought over again, VIII cause mer-
chants TO move very cautiously along the
tines of export and import for some
months to come.
The situation in Austria is summed mp
by Max Judd. consul general NJ Vienna.
lie says.
mo election since the late civil war
aroused so much interest IN Europe as
this last campaign. Austrian business
men believe that Bryan's defeat viii have
a satisfactory effect on the international
trade relations There is no doubt that
Bryan's election would have destroyed In
Europe all confidence and credit OF the
United States as nation. In Austria es-
peciaily people look upon Mr.. Mckinley as
the !ncarna ton OF the prohibiting tariff.
They do not seem TO realize that our pub
Ne men learn something by experience.
All that Is now necessary 70 make this
splendid victory complete and lasting IS TO
have the next congress meet as soon as
possible, redeem ell our hank notes issued
by the national government, I. e.. 20 take
the government out of the banking bust
ness entirely and thus reform our ME
chtevous form OF currency. III this e.
brought about we are not apt 20 have IN
the future the silver agitation"
The prevailing opinion among the ex-
uortsrs al Zurich and Geneva Is one OF ex-
trene satisfaction with the result.