Santa Fe daily New Mexican. [volume] (Santa Fe, N.M.) 1885-1897, 1897-08-23
THE MKlNLeY PROSPERITY HAS ARRIVED ON
TIME


Aud now what will our modern Jere-
miah Bryan say when even the calamity
bowler of the New York Herald proclaims
aloud that prosperity has once more re-
visited our long suffering country. Here
are few excerpts which we commend to
the deluded disciples of Bryan whose
chief dogma is that prosperity is i'm
possible in the absence of "free and un-
limited coinage of silver" Says the Her
aid:
"From all sections of the country, par
ticularly from the milling regions, where
the bases of supplies are located, come
tidings of rapid revival in the iron and
steel trades, which next to the agricul.
tural form perhaps the most important
industry in this country. The great iron
| and steel plants are one by one starting
up full time for the first time in many
months.
$50 far, this movement has manifested
itself not so much by an advance in
prices as by steady growth in the de-
maud for the many products of IRON.
Although this Improvement has been in
progress for couple of months, it has
been particularly stimulated since the
new tariff law went into effect.
--latest advices tell about the resump-
tion of work on full time this week of
several large rolling mill and nail estab.
lishments in Cleveland, where several
thousand men are employed; the re-
sumption of work at the Reading Iron
works, at Danville, Pa, next Monday,
which have been idle since June 30; the
settlement of the trouble between the flli
nois Steel company and the Amalga.
mated association at the works at Bay
View, and the resumption of work there
recently, and the starting up of the ex-
tensive Birmingham rolling mills next
Monday, which have been ehut down since
last June.
"These are but samples of the numer-
GUS mills that are getting ready for an
active fall trade.
"On Monday morning the Birmingham
rolling mill will resume operations in
all departments, and the Alabama rolling
mill, at Gate City, will resume the week
after. The two mills will put $500 men
to work. Within ten days the capacity
of the Birmingham mills new steel plant
will have been doubled by the addition of
a second furnace, the total capacity being
then 100 tons per diem. The Alabama
rolling mill has practically concluded
arrangements to add 60 ton steel fur
mace to its plant at Gate City. The
stocks at both mills are low, and they
have orders to keep them going for sew
eral months.
"The Elliott car wheel works, at Gads.
den, have secured orders enough to run
them three months. The blast furnaces
have not yet felt the impetus, but con-
fidently expect it.
"a 5000 ton shipment to an Indiana
furnace, by the Sloss company, and So
600 ton export order for fall shipment
are features of the iron trade. The Bir-
mingham district output is 100 tons per
diem, and the storage warranty yards are,
shipping twice as fast as receiving on
orders previously filed"
Four years ago whole columns of our
eastern exchanges we're filled with news
of closing mills and factories-cause lack
of confidence in the Democratic party
and fears of the results of it's free trade
policy which we're but too truly realized.
Now even the New York Herald says:
"From all sections of the country come
tidings of rapid revival in the iron
and steel trades which next to the sgri-
cultural, form, perhaps, the most i'm.
portant industry in this country. The
iron and steel plants are one by one
starting up full time for the first time
in many months" Cause, unlimited con-
fidence in the Republican party and its
American protective tariff policy. Long
may both reign.