The McCook tribune., 1897-08-20
TALKS OF THE TIMES.
SENATOR STEWART GETS INTO
THE SWIM.
EnthusIustie Over Everything but sIiv
THAT He Thinks May go to 81
Cents and Believes that wheat
VIII Reach si.o0--Jonss OF
Nevada Silver.
senator stewart nm optomi.t Sow.

s.,ntor Stewart an OptOmisf Now.
New York, Aug IL The Times to-
day publishes the following: sen
ator Stewart is one of the latest con-
verts to commercial optimism. lie is
bull on everything except silver
He is engaged in a vigorous campaign
in Wall street and said yesterday that
he had heard so much about better
times that he had determined to
gather in part of the prosperity
which is not only rampant in the
street. but throughout the land.
"Whetr asked what brought about
the change in his views, he saids
There is no room for pessimism IN
this country No one can be bear
in the face of the wheat famine in
Argentine, Russia. Hugary and India
In view of these conditions, abroad,
should not be surprised to see silver
sell as low as twenty-five cents and
wheat as high as dollar. There is
nothing in talking silver at the
present time, and my advice to my
friends in the West is to fall in
line with the forces of prosperity and
progress and receive their due share
OF the reward The time has passed
for the old issues. We must turn to
face new issues and new conditions. i
frequently hear it said that this seeur-
ity market is a duplicate OF the mar
ket of 1873. 1t is not. 1t is more of n
bull market. All man has to do is
to get into it, go to sleep and get rich
The wheat situation i'll the West
will make every railway not a div:-
dend Garner but a dividend payer
Railroads that have been moribund
for years are now taxed to their full
est capacity and are still unable to-
accommodate their traffic. | am told
that there is imminent danger of Il car
famine on many of the most impor-
tant lines traversing the country.
"'Are the people in the West alive
to this new situation?
1.-The people in the West he re-
piled, are wide awake. They know
good thing when they see il. Most OF
Them are hanging on to their cereals
with confidence born OF hope and ac-
tual knowledge of what is going on
around them. With their immense
crops they will be able not only to-
liUuidate their indie btedness to the
money sharks of the East, but will in
augurate buying movement that will
surprise the people in this part of the
country. l think that by the late fall
the truth of what | said and reiterated
during the campaign will be generally
recognized and this is that there can
be no general prosperity in this cOun-
try that is not born and sustained in
the West
Senator John p. Jones of Nevada,
who is spending vacation i'll this
city, said yesterday that the continued
fall in the price of silver ought pot to
surprise anyone. Silver is falling in
price he said, because of the falling
of the demand for it as money. Japan
has gone into gold basis and so less
ened the demand for silver. Besides
this. there has been, because of uni
versal hard times, 4 great falling off
in purchases in the East. The Ori-
entail countries use silver money and
our purchases are paid for in that
metal. The demand has been cut off
by reason of the hard times
''Of the increase in gold production
in Alaska, Mr.. Jones said: Il am not
opposed to prosperity through an in
crease in gold. The Republicans are
very lucky and l congratulate them
on the fact that this great discovery
falls within their administration. L
believe great deal of gold will be
found in Alaska and it is certain to
restore prosperity. for which the Re
publicans will claim and receive credit.
l shall welcome its return, whether
through gold or silver. Much glorifi-
cation and congratulatiOn is heard
over the fact that our West
ern wheat is going up to
dollar because of famine in
Argen tine, Russia, India and other
countries. l do not think that our
prosperity is founded upon destitution
and starvation in foreign nations. I
want to see flood of money turn the
IDLE mill zheels and irrigate the waste
plains of our land Another result
that will follow from an abundance of
money, be it silver or gold, will be
allegiance of this hatred of the trusts.
The people hate trusts, and only pros
perity will drive monopoly out of their
minds Plenty of money will crush
out the trusts They flourish only in
hard tines''