The daily morning journal and courier., 1896-02-08
4 IIELP TO BUSiNESS.

4 HELP TO BUSiNESS.
 The country takes on renewed cour- age over the brilliant success of the bond issue. All over the land business has received forward impetus The fear of tight money" over the with. drawing from immediate circulation of a hundred of millions of dollars for payment for bonds faded away when it became known that prepara- ticns had been made for withdrawing more than six times that sum, and had Drought no signs of a scare" Wall street, the barometer of the financial temperature and the index of the finan- cial pulse, responds with an immediate bull movement in stocks and bonds Business men can look ahead now a little. Public confidence in our finances has received a great boom. The blus- tering silverites of the West have re- ceived a blow fin the neck' from this public response to the bond call which will give them an "object lesson" that ought to last them for a week or two. And this object lesson came right on the heels of their perverse and reckless silver demonstration object lesson in the senate. Says the Tribune: 'It told the whole world that the clamor and 
 fuss of the silver extremeists, which seemed so threatening to foreigners, largely because the president had lab ored to magnify their importance, were not regarded by sober and experienced investors and bankers in this country as endangering the future in the least degree" Says the World: ''The ob- structions to our greater prosperity do not arise out of any natural conditions. They are wholly due to unsettled ques- tions of finance politics and legislation. With the settlement of any one of these questions all the forces which conduce to prosperity have freer play. There is
 
 hard-working, so energetic, so efficient in their work as the people of this coun- try. We are all willing to work, wheth- CT with our hands or our brains; me- chanics, merchants, manufacturers, professional men and capitalists-all true Americans are workers. When our work fails to realizes it's full results the impairment of efficiency is, due to the untoWard action of those whom we select to manage our public affairs. l One of the clouds which hung over the business situation has been dispeIled. All questions of the credit of the gov ernment, the security of our 'coin bonds, the maintenance of the gold reserve the financial resources of the people and l the wisdom Of publicity in bond sales l has been removed. All the business in- 1 terests hitherto impaired by this form of uncertainty are now free to resume l their normal activity We may expect the good effects of the change to make themselves manifest in the spring bus mess we are now entering upon, and this may make it easier to dispose oi other political and legislative difficult ties which still stand in the way 1 Says the Times: 1.-The voice of MT Eckels as he read out the amazing record of bids for nearly six times the government loan was, in plain fact, the voice of the American people declaring that gold payments must and shall be maintained. That tremendous offer which no one had suspected, which the most experienced had deemed impoesi. ble, which had not been prepared, whict all the efforts of all the financiers nev. CT could have prepared, was the equiva lent of a national election. It is proc. | lam ation to the whole world that the mind of the American people is made up, that any national party that dares to ask it to forsake the gold standard will be crushed, and that no nationa party can be sure of its support that is not by platform and candidate pledged to the gold standard and it's unWaver ing maintenance by all measures neces sary or appropriate"