Watertown republican. [volume] (Watertown, Wis.) 1860-1906, 1897-06-30
SIGNS OF PROSPERITY.
Int erVieWS with Business Men
Show Greatly Increased
Confidence.

New York. June 2S-The Herald has
secured statements from number of
experts in the business world, including
the president of various chambers of
commerce, on the business outlook.
Among others who take a rosy view of
the situation are Secretaries Gage and
Bliss. To a correspondent of the Her
AID IL Washington Secretary Gage said:
The evidence I have obtained from. all
sections of the country, from the press,
from callers and from personal correspond
.ence, all point in one directiOn-an actual
improvement in trade and in manufactures.
IN some places this improvement Is more
marked than in others. and in some locall-
les II has been scarcely felt ct all. But
l Go not keep a book showing these yari-
Gus Instances, and therefore am unable to
state just where the improvement is most
noticeable.
Business Men Much Encouraged.
The business situation has particularly
improved by reason of increased trade and
enlarged manufactures in various kinds of
industry. AS an illustration | may cite ;he
experience of a friend who called upon me
several days ago. He is manufacturer of
furnaces. He told me he had more orders
to execute at this time than he had during
the entire year of 1896. He is rather a
marked case. Others are less marked, but
all show an improvement.
No one has spoken to me within the last
month in tone of discourag cement. All of
L
hope and expectation of prosperity, which
is justified, they think. by degree of i'm
provement in their business affairs.
The business outlook is certainly encour-
aging. Every man set at work creates Il
new demand that helps another man to
secure employment. A forward and up
ward movement is like SNOWFALL, which
gains accretions as it rolls. The contrary
tendency may be compared to a stationary
SNOWFALL, which meitS ana soon diSsipateS
By the onward movement the ball gathers
sc 7 nd x1-hi1 10 if ho
time before we have the intensity of mo-
tion which we would like to see, we must
be satisfied if our progress is gradual, if it
be constantly in the right direction.
OF course, a settlement of the tariff ques-
ton will furnish the country with the
necessary data from which to make all
the necessary estimates, and il not intimi-
dated by war alarms or other depressing
influences, and if sustained by the eXecu-
ton OF necessary financial reforms next
winter, there is no good reason that can
be pointed out to prOgIosticate change,
except : recovery from business depression.
Tariff Bill Bound to Help.
Naturally | am in the same position as
everybody else with reference to the fea-
lures Of the tariff bill. which will ulti-
mateiy reach the President. All that / can
say about that measure is that it is
foundation upon which the people can
build figures.
DO you see any reason for alarm
was asked, ION account of the recent
Withdrawals of gold for export?''
AS TO the gold reserve" Mr.. Gage
answered, Il may say that it will be
maintained under any and all circum-
stances. 1t is true that there is an out
ward movement, especially at this time
of the year, but it causes no alarm.
What we have money for is to settle ac-
counts, and it is proper to use it at the
proper time. This is the proper time
for a movement of gold to the other side
10 be III evidence, and there need be no
occasion for anyone to scent danger liz
If