The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1896-11-05
VIEWED ABROAD.
American Securities In London Advance.
Comment ofthn Press.

American Securities In London Advance.
Comment oftan Press.
| Copyright, 1855. by the Associated Press3
LONDON. Now THE election Of
Major Mckinley to the presidency Of
the United States. had marked effect
upon American securities here to-day.
Business on the stock exchange be-
gan TO buy. Milwaukee and Louisville
led the advance, quickly followed by
the entire list at advances OF So to IS,
which sent the brokers flying hatless
in every direction 10 join In the Wild
hubbub inside, while IN the streets Gus
toners were coming up by the dozens.
According to the general impression
the election will result In rapid DIM
mutton OF the gold Withdrawals for tho
United States and there Is no doubt
that Major Mckinley's victory favor
ably affected the stock exchange
throughout. Consols opened three
eishths higher than yesterday.
A leading English stock broker. in
an interview with representative OF
the Associated Press. se!d: "Mckinley's
election has doomed the whole mar
ket. Large buying orders from New
York were sent after the result OF the
election was known in the United
States and started the market. This
was followed by English buying Of
Americans and English stocks"
All the newspapers comment upon the
election.
The Star remarks: We. In England,
have great reason 20 rejoice at the ov-
'erwhelming defeat of the attack upon
the gold standard. Great evils may be
In store, but no high tariff can inflict
n 1.-THE OF the ruin which Bryan's VIC
tory would have entailed. There will be
an immediate Improvement OF business.
for the election or Mckinley, or, rath-
er the defeat OF Bryan will restore con-
fdence In the financial honesty and
stability OF the United States. The
sound common sense Of the American
people has saved the republic from
worse than civil or foreign war"
The Sun says: The gree. republic
has risen masniflcently to q great oc-
casion. II is the uprising OF almost a
united naton and the silver craze has
been cfrccuaNy scotched. II It Is not
killed. Let Mckinley throw his pro;ec-
ton overheard and cut away from the
hcartless plutocrats who have for years
past made the Republican party a
manufacturers annex, and he will be
acclaimed by, one and the republic by
the other"
The Westminster Gazette states that
with the election OF Mckinley a great
scare vansshes for the moment But,
while the pcrus OF free silver are
avoided for the present. the perIls OF
protection and capitalism In their more
extreme forms remain 10 be encounter
ed. Putting out Of sight the results to
this country which must follow n fresh
access Of McKialeyism. no one who .is
friendly TO the United States can view
the prospect without alarm. II the ,y-
ranny OF commercial and financial cor
poTations l9 rot aonicd there must bs
growth Of Populism and on agsrava-
ton Of III feeling which when the next
struggle comes, will threaten more dan.
EGrous consequences"
The Pail Mail Gazcttc, In the course
of column editorial article, headed
~ Land Slide" says: THE decision In
accepted with universal consent In this
country rs being cmphatica,ly to the
credit OF the American electors"