New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1897-07-27
INCREASED TRADE ACTIVITY.
SIGNS OF BETTER TINES ALREADY aP.
PARENT
MERCHANTS GLAD THAT THE TARIFF DISCUS.
SION is ENDED AND THAT PEOPLE CAN


SiON Is ENDED AND THAT PEOPLE CAN
NOW GET DOWN TO BUSINESS
Among New-York merchants confidence In Q
quickly returning prosperity is almost universally
expressed. that the tariff agitation is out Of
the way. Representatives. Of many Of the largest
houses in the drygoods district seen yesterday
by Tribune reporter and almost without excep-
ton the opinion was voiced that the passage OF
the bill would be the forerunner Of a period Of
great commercial and industrial activity The
most buoyant feeling prevails throughout the dis
trIct. and members OF those firms devoted
largely to importing stated that they were pleased
that the bill had been finally passed and signed.
for the reason that now more settled tone gener-
ally would take the place Of the uncertainty that
had heretofore existed
William De F. Haynes. member OF the firm Of
Lawrence e. Co.. No. "a Thomas-st.. owners OF sx-
tensive woollen mills said: The bill is an excel
lent one In every way. and from every point Of
view 1t Is sound. carefully considered and i'm
partially drawn. Generally speaking. all tarlh
bills are less compromises. II is npos-
sble TO please everybody but this measure. IL
to me. is OF the soundest that has been
given this country. do not say this because I
a Republican. but because have studied the
different tariff laws that have prevailed during tho
last thirty forty years. For three years
we have been laborns under depressed a condi-
ton Of things 10 bring almost bankruptcy 10
the woollen mills. But with this new tarlfr meas
ure We have the brightest prospects for recovery
of trade 10 a prosperous level When considers
that three e-fourths of the looms In this country
have been shut down through the competition We
have had to face from abroad. that is sufficient In
itself TO show that some such step as Congress has
now taken necessary TO revive trade condi-
tons; and the same influences that have affected
the woollen trade one OF the greatest industries In
the country. apply TO other branches of our pro-
ductive institutions.
Briefly. we have now an empha,ically encourss.
ing outlook and an unioubted promise Of a return
OF prosperity the commerce and industry OF tho
United States The circumstance also that the
President is bcnt upon appointing Commission
upon Currency will materially aid the renewal Of
financial confidence.
LIVELY FALL TRADE EXPECTED
William +. King president OF the Merchants As
sociaton. said: with the settlement Of the tariff
question there Is nothing 10 obsrruct a return OF
good times. Ny firm has even had evidence to-day
that boom has set In. and I am safe in predict
ing that the new tariff provisions aided by the ef-
forts OF the Merchants Association, will induce
a fall trade in this city the equal OF which has not
been for many a day. The lack OF confidence
that has existed for so many months will now give
way TO a settled and easy feeling. and the reaction
will be manifest everywhere"
THE END OF DOUBT.
oscar s. straus when in his Once At No.
a Warren-st.. said that while he was a low-tarln
man politically he would he favor OF high tariff
II he allowed his business 10 rule his opinion
the subject. There has been such long depres.
sion in business that the tarif cannot hurt busi-
ness" he said. and think the Dngley Tariff
bill will aid business for the that II puts an
end To doubt. The fact that the tariff Is settled
and out OF the way a matter Of discussion In
Congress is sufficient to make an Improvement IN
business" Mr. Straus said ne thought the new
tariff would cause more activity In the manufacture
of domestic crockery and that would aid in hasten
Ing general prosperity.
Frederick W. Devoc said in his Office In Fulton-st
that he did not expect that the effect of the new
tariff would be felt Immediately In the paint trade
"r think there will be immediate change In
nr,ces he said because Of the large accumulation
n, stock in the hands OF the wholesale dealera
Those dealers will continue TO supply their CUSTOM
ers a, the usual prices or course every new tariff
means a resdjustment OF business. and II takea
new tariff and know how to adjust their business
acc,rdlngly. We can adjust our business to almost
any kind OF tsr Congress will only let the tari6
alone. The improvement In business begins when
the Legislation on the srir is felt to be through
with for q time.
cause Improvement in many lines OF business, but
the duty on hides would be a STAGGERING blow al
the leather industry and would mean a loss OF
millions OF dollars in the Swamp" The loss
would be In the export trade, he sald because tho
leather manufscturers who have built up an cx-
port trade on the besa OF free hides would not Be-
able to compete With manufacturers Of other coun-
SSss SsS sadS SsoSstrsssS what x. 0iS iSs,hos on