Omaha daily bee., 1897-08-01
PROSPERITY POINTERS.

Indianapolis Journal: The Indiana farm
ers are now going to get good prices for
their wheat, paid in as good money as there
is in the world. Yet no steps have been
taken looking to the "remonetization' of sill
yer, and no one is proposing to do anything
to arrest the wicked Appreciation of gold.
New York Tribune: Railroad earnings
have already begun to show a healthy in
crease, but the heavy crops of the west have
hardly begun to move as yet, and their full
effect will not be felt for six weeks or two
months to come. And by that time the coun-
try will be ready to handle the large cotton
crop which the south is getting ready for
market.
Philadelphia Record: A dispatch from
Omaha says that all foreign cars in that state
have been seized by the Nebraska line, to
be utilized for the grain carrying trade, in
many cases in direct violation OF contracts
with other lines" The officials of the com
pany think the urgency of the occasion JUS
two sides to this question; but the equities
will doubtless adjust themselves after the
rush shall have abated and in the meantime
the western country may rejoice in an EN-
barrassment of riches" almost without par
allel in it's history.
Chicago Inter Ocean: Wheat, oats and -four
are going out Of Chicago, mostly for Europe,
at the rate of about fifteen shiploads a day,
not to mention the tens of thousands of
bushels sent by rail. This means prosperity.
WHEN WHEAT CUES up everything elSe lOllOWS
suit in due time. Railways undergo extern
sion and improvement, shipbuilding -four
ishes, iron and coal are in demand, lumber
and canvas are needed, the workmen thrOng
the stores and the stores call on the fac
tories for more goods; finally labor of all
kinds comes into demand. Then wages 60
up. This is prosperity.
New York Times: In vain the
s~pyglass OF the shallow pessimist
sweeps the financial horizon in quest of
a portent of disaster. Everywhere good
auguries swim into his ken. There are no
bad signs. The sunburst from the distant
Klondyke radiates a golden glory that deep
ems as 1t traverses our immense fields OF
following wheat. The rolling wheel and the
laden car give a pleasing and unwonted as
pect to returns and OF railroad earnings
Money is flowing into the pockets of the
people, who put it out to pay off debts and
make purchases long deferred by hard times.
st. Paul Globe: Prosperity, that was to
come into the country from the east, making
its debut in Washington, Is now coming in
from the harvest fields of the great west.
The commercial papers dilate upon the crop
prospects and proclaim the dawn OF real
prosperity should no disaster oyertake the
harvest before the reapers garner 1t, Re
publican papers grasp the idea eagerly and
hail the return of the wanderer. And for
once they are right. Prosperity is coming
in the only possible way-through the in
dustry, the economy, the frugality of the
people who toll and produce. 1t can never
come through positive legislation, the foster
ing of industry by taxation drawn from the
producers, Such legislation merely interiors
with the distribution Of wealth; it never
creates 1t.
Philadelphia Times: 1t was not only be-
cause of the tariff tinkering that business
Jagged while congress was in session. There
were other Observation-Disclosures on the
monetary standard, attacks on property.
threats Of war. These perils are escaped
with the adjournment, For the rest of this
year, at least, the country will be at peace
and the standard of values will be main
tanned. With large crops in demand at good
prices. with an ample abundance in the treas
ury and with popular attention particularly
directed to an increasing supply of gold. the
silver agitators are not Immediately to be
dreaded. There Is, therefore, no cause for
a renewal of the panic that has cost us 80
severely, and We look for a prosperous sea-
son in spite of a laundering tariff.
New York World: 1t is not wise TO ex-
pect a boom" at once, but the improve
ment in business is already important in its
proportions and the outlook is very en-
couragiug. Congress has adjourned, and
that means much. 1t has passed a very
bad tariff law, but at any rate 1t does not
intend to reopen tariff agitation for three