The Scranton tribune. [volume] (Scranton, Pa.) 1891-1910, 1896-11-16
MAJOR M'KINLEY'S
CABINET TIMBER
Candidates Will Not Be Considered
UntiI His Return From Cleveland.
PROSPECTS OF CHAUNCEY DEPEW
A Possibility That He May Grace the
Court of st. James..Thc Effect OF
Election Upon Business Interests
Of the COuntry..COniidenc Ee.
stored.

Canton. Nov. 15.-President-e elect Nc
Kinley passed another very quiet Sun
day. Mr.. Webb Hayes, son of the late
President Hayes, came down from
Cleveland on morning train and
spent the day at the Mckinley resi-
dence.
Mrs. McKinley's health has been so
FAR restored that She was able to go
driving for half an hour this after
noon.
Although various newspapers have
published complete cabinet outfits for
the incoming administration, it is safe
to assert that none of them has been
built upon anything resembling an
authoritative announcement from
Major Mckinley or those who are clos
est to him. 1t is evident that the Pres
ident-elect has not made up his mind
as to the formation of his cabinet. nor
even decided upon the geographical
allotment of places therein. 1t is fu;-
ther apparent that Major Mckinley
VIII not consider cabinet candidates un-
til after his return from his visit to
Cleveland. According to present ar
rangements. the president-elect and
Mrs. Mckinley will leave for Cleveland
on Wednesday morning. Since Chaun-
cey NJ. Depew has ceased to be talked
about so frequently for secretary of
state there has been good deal of
discussion here of the probability of
his being appointed minister to Eng
land. 1t is known that Major McKin-
ley has a very kindly feeling for Mir.
Depew, and the latter's friends here
assert that he would find life as am
bassadOr at the court of st. James eX-
tremely agreeable.
A friend of Major McKinley's said
tonight that Senator Sherman un-
dOubtedly expressed the desire of most
of Major McKinley's closest advisers
when he said that congress should
pass the Dingley bill this winter. The
new administration will not care to
be saddled with an extra session of
congress. and Major Mckinley will
have quite enough to occupy him in
organizing his administration.
Major McKinleys advices from
Texas are of most satisfactory char
acter. They indicate an increase in
the Republican vote of the State of
over 100 per cent.
EFFECT OF THE ELECTION.
Henry Clews, of New York. writes:
'The magnetic effect of your election
has already advanced the price of Sc
curities dealt in at the New York stock
exchange over a hundred million dol
lars, and corresponding amount in
the securities dealt in in the different
local markets throughout the country.
Spot cash wheat has advanced both in
Chicago and New York since the cleo
tion fourteen cents bushel. 1t has
reduced the rate of interest on call
money in New York from 100 per cent.
per annum to per cent, and time
money from not being obtainable on
scarcely any terms is now being freely
offered at from thirty days to year at
Az per cent. per annum. Mercantile
paper was unsaleable, while now it is
sought for a per cent per annum. A
general shut down was planned by
manufacturers in the event of your de-
feat, whereas, now, as the result of
your election, increased labor is being
employed and machinery that was here
tofore idle caused by the prolonged
bad times is starting up again with
renewed vigor In all directions. The
education in the fundamental laws of
finance which our people have received
in the past campaign places us in q
unique position. The result of building
up credit and business upon such a
foundation must surely be to make a
period of prosperity such as has never
before been approached
Hon. j. o. Dickman. judge of the SUI
preme court of New York. says Your
last letter to Mr.. Eanna made my
heart leap for joy, and | could grapple
you to my soul with hooks of steel.
You stand now on plane with Wash
ington and Lincoln, with opportunities
seldom vouchsafed to mortal man"
Hon. Andrew ID. White. member of
the Venezuela commission, Washington,
ID. c., says: mo one has felt more
deeply than myself the significance of
the recent contest, not only to our own
country. but to the whole world: and
no one has admired more your discus
sions of the main questions at issue, or
the manner in which you have main
tained the dignity of your candidacy"
ARkELL'S PROSPECTS.
New York. Nov. IA representa-
tive Of the United Associated Presses
in conversation with a gentleman who
stands high in the councils of the Re-
publican party, and is a close friend
OF Major Mckinley, was told to-day
that it was not unlikely William j.
Arkell, the publisher, would be ten
dered a portfolio in President McKin-
lcy's cabinet, probably of postmaster
general.