Smyrna times., 1897-08-04
NEWS ITEMS.

history of the country was there such
a furore over the discovery of gold as
that which has been created by the mar
velOus stories that come from Alaska
The excitement of 1849 was nothing in
comparison with the interest shown
now throughout the world in the re-
ports being received from the Pacific
coast.
In 1849 railroad and telegraph COM
municatiOns were unknown, and the
news came by boat, and i'll way that
made the spreading of news a matter
of months, whereas now it is merely
matter of few hours. The telegraph,
the railroads and the newspapers are
the agents by which the stories of gold
are told to the world. Column after
column is devoted to the wonderful
finds of the miners and scores of spec
ulative companies were organized i'm
mediately upon the arrival at San
Francisco and Seattle of the dust and
nuggets brought out of the bleak
Alaska territory.
Mr.. WANAMAKER ON PROSPERITY.
John Wanamaker writes to the New
York Press on the outlook for prosper
ity now that the Tariff bill is passed:
Last Saturdays bonfire of the Will
son and German Tariff bill has lit up
the business world with brighter
light than it has been for many day.
The Dingley bill makes it possible to
build the fires in factories, workshops
and mills that have been quelched
since the old tariff sublet so many in
dustries to Europe. The revision of
the tariff was promised by the Repub-
lican party when it asked for votes for
William Mckinley. The votes were
given and the first important stage in
promised legisislation has been
reached
'When the unemployed can no
longer be counted by thousands and
tens of thousands we shall know that
prosperity is here. The Administra-
tiOn has prepared and given out the
tool to work with, but the capitalist
and workman must take hold of them
and with united force make them pro-
ductive.
''Any man who loves his country
will drop doubts and fear, if he has
any, and make the best of what is to be
the law of the land for a considerable
time. Most assuredly the tariff is the
root of the national tree that yields
fruit to American labor. It is again
replanted carefully, and we hope wisely.
Let us give it a chance to grow, and
not crowd it with propositions of
change or be pulling it up every three
or four years to try another planting.
VIEWS OF SENATOR FAIRBANKS
Senator Fairbanks, of Indiana, in the
course of recent conversation, said
Congress has done two things that
entitle it to the thanks of the whole
country. It has enacted a wise and
satisfactory revenue law to take the
place of the one that was full of defects
and unsound throughout, and it has
given an assurance of freedom from
tariff agitation for many years to come.
What the country needed badly was a
rest and the stability which must at
tend the settlement of this important
tariff issue. Every business man in
the United States now has a guarantee
that there will be no changes to the
injury of his business or to the gem
eral business of the country through
renewed or additional tariff legislation
for at least four years, and in all hu-
man probability for many years longer.
L believe that the country will respond
promptly to the action of Congress and
the President, and that there will be a
general and sweeping revival of indus
trial and commercial activities. In
deed, there has been q considerable
stimulation of business in all quarters
in anticipation of the passage of the
Tariff bill. An increased demand for
labor is reported everywhere, and my
private advices and correspondence
from home indicate a healthy broad
ening out of industries and enterprises
throughout the whole State of In
diana"