The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1897-06-18

Philadelphia Press: There has teea a
steady advance toward q more prosperous
business situation, and the sentiment has
decidedly improved. The fact that the
senate Is at work At last on the tariff
Dill ana that much Is being accomplished
daily IN the consideration OF the measure
has had a good deal to do with tae gen
erai restoration OF confidence whi<h ex-
tends from one end Of the country to the
other.
Philadelphia Ledger: The fact ia that
there ID already more buoyani. and
hopeful feeling IN trade circles and that
the returns Of the commercial agencies
the only data approaching Official reliable
ity which are obtainable rs to business
conditions throughout the country, are
fuii OF promise. save TO those who are
hopeiessly pessimistic. Confidence IL a
plant OF slow growth. but there are, SUBJ
stanti2l indications that business conf
dence II increasing and that il will be
greatly accelerated and stimulated by the
speedy contamination OF pending tariff
and expected currency legislation
New York Tribune: There has been q
decided improvement In the state OF brsi-
ness during the last week. due almost
wholly to a more hopeful feeling. Many
things have contributed TO that feeling,
Mckinley and Secretary Gage giving rea-
sons for patience and hopefulness were
the most potent. but there We're others
more material in character. One was the
distinct Improvement in crop PROSPECTS.
to which testimony was given in Official
reports from Texas and from Kansas.
and in commercial dispatches from sew
erI OF the central states and from the
Pacific coast. With these came further
reports indicating every probability of a
large foreign demand for American grain
during the coming year. Scarcely less
important were reports of considerable
gain in the demand for products Of Inn
portant industries.
Philadelphia Record The business SEN
timent Is undoubtedly stronger. There
are many reasons for hopefulness. Not
the least important recent happening has
been the assurance Of Secretary Gage
that the Federal ADMINISTERS ton would
not forget the mandate of the people,
whose voice in behalf Of honest money
and sound finance rang out loud and clear
In November last" Currency reform is
vital to business security, and 1t is help
full to confidence to have official reassur-
ance that tariff tinkering Is not to be the
last OF administrative expedients for the
removal OF business distrust and depres-
sion. There are other grounds for COM
mercial cheerfulnesS. Business failures
are lessening in number and Importance.
Commercial loans are expanding; bank
ciearings are increasing, and the trans
portation companies are earning more
money. The end Of tariff uncertainty is
drawing near; the important crops all
over the country give promise Of abun-
dant harvests; productive costs In the
great industries have been crowded to
the apparent minimum: there is less rea-
son to fear further important price
shrinkages; the storekeepers' shelves, AS
rule, hold no unwieldy accommodations Of
stocks. ard labor is becoming more gen-
orally employed. These are favorable
conditions for sustained revival Of busi-
ness