Middlebury register. (Middlebury, Vt.) 1886-1937, 1897-03-12
THE SPIRIT OF THE PRESS.
A BUSINESS ADMINISTRATION.

The people OF the whole country with
out reference to political preferences
must realize by this time that one of the
chief aims of President Mckinley is the
promotion of the nations prosperity. IN
his inaugural address the president spoke
of "the restoration of confidence and the
revival of business, which men of all
parties so much DESIRE" and his treat
ment of different subjects plainly showed
that during Its preparation he had con-
stantly in mind the material walfare OF
the American people.
1t is significant that every statement
made by President Mckinley was of
nature to restore that confidence,
the lack of which formed so large
a factor in the business depression of the
past four years. He not only calls for
legislation by congress that will be con-
structive in character, but he also outlines
policies which may be characterized as
preventive. While advocating a firm
foreign policy, he wants no entangling
intermeddling in the affairs of other
countries and the full force of his declar-
alton in favor of the cultivation of
friendly relations with all the nations of
the world becomes evident when one re-
calls the losses suffered by the business
interests of the United States following
the Venezuelan war scare and the rumors
of trouble with Spain over the Cuban
question.
An excellent idea of the influence re-
sulting from the change in admnistra-
lions is furnished by the Philadelphia
Times, a democratic paper of tariff re-
form proclivites, which says:
1.-The installation of the new admins
tration at Washington removes the last
preteXt for further hesitancy in business.
There will be an extra session of Con-
gress and a new tariff, but it will be
framed on conservative lines, with a view
TO securing sufficient revenue to carry
on the government rather than to build
up Chinese wall. There will be higher
duties levied upon some articles, but the
chief object OF the new law will be more
revenue. President Mckinley's inau-
gural utteranIes upon our foreign rela-
tions and the currency were reassuring
He wants peace. not war with foreign
nations, and he is pledged to the main
tenance of the gold standard
1.-The prospect of peaceful foreign re-
lations, a sound currency and of an in
crease of the federal revenues furnishes
a sufficient basis for business confidence,
and the business interests OF the country
should hesitate no longer. The chief
factors of a business revival must be
furnished by business men themselves.
and will rpViVp hIlS
mess. The most that can be hoped for
from congress is that it will not unsettle
and depress business by foolish legisla-
ton. The attitude of the new admins
tratIon upon all the vital questions that
can have any influence or bearing upon
business leads to the confident eXpecta-
ton that congress will seek to carry out
the administration programme and legis-
late on the safe side only.
The Times fairly states the attitude of
the great majority of sound money demo-
cratic papers, which include the bone
and sinew of the democratic press of the
whole country. They believe Mr.. Nc
Kinley's efforts to secure better condi-
lions for business and financial opera
lions are deserving of liberation, if not
actual cooperation, and the cOnserya-
tive attitude that he has assumed is
already bearing fruit.
President Mckinley himself expresses
the opinion that the restoration of pros
course calculated to restore the conf
dence of the people and to start anew
the wheels of industry. President Nc
Kinley can only suggest, but if the
policies he has outlined are carried out
through the hearty cooperation of con-
gress the people will soon thoroughly
realize that McKiney's election was
itself 1.-THE advance agent of prosperity"
i Burlington Free Press.
THE MCKINLEY PARTY
With the incoming administration the
people will be treated to spectacle of
pomp and splendor in the Inauguration
ceremonies which is in perfect harmony
with the trend of thought and feeling
that permeates the policy of the leaders
of the Mckinley party. The monarchi-
cal movement which gathered strength
during the reign of Grover Cleveland
has now enveloped the republican party
with its mantle of royal purple. and for
the present at least the whole machinery
of the national government will be
turned over, horse, foot and dragons,
TO the money power There is little
room to doubt that capital seeks, through
the pinching of the money supply, to
reduce the agricultural population and
the wage earners to such state of de-
pendence that, robbed of their manhood
and ambition, they will become listless,
lifnln-, Il L.