Pike County press. (Milford, Pa.) 1895-1925, 1897-08-27
Political GOSSIP.


What s the matter with silver?
1t the predictions of Director
Preston Of the United States Mint
about the increase in gold produc-
tion prove true, the silver cause
will have difficulty in getting re-
cognition by the great political
powers in 1900.
Dun's "Review" for last week
makes radical encouraging remarks
on the prospering condition of vaIi-
GUS sections of the country, the
heavy purchases, large deals in
stocks, and especially in wheat, and
finally intimates that the week has
been one Of progress not surpassed
by the great revival upward rush in
1879
II is now in order for the calamity
hnwlers and fraud oriers to charge
that the farmer is now receiving the
reward for his treachery in voting
for Mckinley and refusing to sup
port Bryan, the farmers friend, in
that the trusts and plutocrRts have
raised the prices of wheatand other
farm products in order to pay him
for his vote.
The deadly parallel could be
drawn with good effect on some of
the free-silver papers which were
asseverating last year that tho only
hope of prosperity lay in the open
ing OF the mints to the free and un-
limited coinage Of silver, but which
are now forced to publish columns
Of matter showing highly satisfac-
tory and improving business condi-
tions and arriving prosperity.
The growth of protection senti-
ment has been evidenced in many
ways during the past special session
Of Congress in the discussion of the
tariff bill, but no more clearly than
in the reception accorded to Senator
McEncry upon his arrival in New
Orleans after long fight on tariff
principles, in which he stood should
er to shoulder with the great pro
lection leaders Of the country.
The July earnings of the railroads
of the country show marked i'm
proyement over July of last year OF
of the year preceding. This will bt
encouraging to che thousands OF
railroad men through the country
whose attitude in favor of sound
money last fall was an extremely
important issue of the campaign
and whose votes did much to turr
the tide Of battle in favor of McKin.
ly and sound currency.
1.-The evidence .acou mulates will
each day 8 advices that the long con
tinued depression in financial circles
has passed and thanks to five years
Of forced economy and cessation OF
speculation, coupled with TO day
abundant harvest at remunerativC
prices to the agrioulturists, a new
prosperity is coming to the people. ,
From address of Comptroller
Eckels (Dem.) before American
Bankers Association August 1S
1897.
The farmers of the country have
been the first to feel the improved
conditions Of business. The pro
ducts which they have had for sale
have steadily risen in value all along
the line, and the increased volume
of money has come directly into
their pockets. "Bradstreet's, in
speaking of the present condition of
the American farmer, says "The
American agriculturist has had nc
such opportunity to reap so large a
share of the rewards of labor fol
years as is now promised him.
81 have never in the past wavered
: in the belief, nor do / now, that in
tho end we will be possessed of a
banking and currency system sc
strong as to make impregnable the
country's credit 1t is possible that
before the nation financial struc.
ture rests upon a foundation firm as
. the eternal hills, the American peo.
, pie will be called upon to pass
through the awful experience anC
: loss which would follow in the wake
of unchecked paper and silver fiatisn,
But at last, no matter how prolonged
the struggle or great the sufferings,
with the acquiescence of all, the
monetary principles which accord
with the world s business experience
! financial research and every dictate
of common honesty will they pIeyai
? in complete and enduring triumph. y
From Compt Eckels' speech be-
fore American Bankers Association
r. August IS, 1897.
"Bradstreets" swells the column:
of evidence of return of fouishiDl
business in its latest issue, the fol
lowing being among its state
ments the Hutchinson Cole Manu-.
featuring Co, at Norwalk, Conn,
will resume at once with 500 opera
tives the wooden mills at the same
: place have resumed, notifying theil
hundreds of employees chat night
work is likely to be required tho
Alabama Rolling Min at Birming
ham, Ala, announce resumption
of work the Howard Harrison lroT
I Co, at Bessemer, Ala, has increased
1 its force, and the pipe works at that
place resumed operations the Pro
3 vidence Mine at Scranton, which hai
been idle for two years, will resume
work at once the Delaware IrOI
Works at NeYcastle have resumed
operations, giving employment tC
500 persons, and the wallpaper
factory at Newark, Del, will sOOT
a resume the EdgemoOr Iron Co., al
s Newcastle, Del, has increased it
= Fo,.oa Of an, ,,1ovaas ooo1 1pipQrS az