The diamond drill. (Crystal Falls, Iron County, Mich.) 1887-1996, 1897-10-23
THE PASSING OF HARD TIMES.
Business and Industry Helped by tho
DingIcy Law.

Din&lcy Law.
A careful study OF the business situa-
ton at the end OF September gives album
dant assurance that the hard times
which were Ushered in by the Cleveland
panic Of 1879 have indeed passed away.
The years harvests have been in the
main satisfactory, and there has been q
very considerable advance an the prices
of agricultural products, due chiefly TO
an extraordinary foreign demand for
American breadstuffs. Hence the farm
ers are once again prosperous. The car
riage of their produce has given in
creased business TO the railroads.
Joined 10 the increasing tonnage result
ing from general revival Of business
activity i'm the last few months, which
followed or anticipated the passage Of
the Dngley tariff bin, the heavy ship
ments OF agricultural products have
also made the railroads prosperous
Railroad securities have advanced in
price from ten TO fifteen per cent. Tho
Increased business OF the railroads has
created an increased demand for cars
and locomotives, and hence the builders
of railroad rolling stock have more 10
do and are also prosperous. The iron
trade has been helped by tins demand
for cars and locomotives, as well as by
the general uplifting OF all business
conditions. The prosperous farmers
are not only paying of their mortgages
but they are making more liberal pur-
chases Of agricultural implements and
OF all kinds OF goods, wares and mer-
chandisc than they were lately able to
make, and hence the agricultural inn
plcmcnt manufacturers and the city and
country storekeepers are also prosper
Gus. As the cotton and wooden manu-
faeturers supply the stores with large
/ part OF their stock In trade they are also
prosperous. And so we might 60 on. IL
! Illustrating by familiar facts the great
change that has taken place in BUSH
ness and industrial conditions In this
country within the past few months.
/ The change has been gradual and not
/ sudden. In the iron trade II has devel-
/ oped slowly but surely. Even as late
rs three weeks ago the improvement in
iron and steel prices had been very
slight, but within these three weeks
\ there has been more marked
advance, with increased demand.
The present condition OF the iron
trade and OF all business in this
country can truthfully be said to be Of
most healthy character, promising y
winter OF continued activity in all lines,
with employment for al who are will
ing TO work.-Iron and Steel Bulletin.
ryIIow do the free silver and free
\ trnde theorists who are charging up
the advance in wheat 20 the shortage
abroad account for the advance In all
other farm products--corn, rye, beef,
pork. wool, cattle. horses. sheep. hops.
tobacco and potatocs7 The fact is that
IL Is due 20 the increased consumption
nt home People who earn little econ
omizc IN eating Those whose earnings
are increased spend far more for food
and get that OF better quality. Whea
the working people Of the United States
are employed at good wages they buy
more food and clothing than when un-
employed or working for half pay. ~
IS protective tariff that does the BUSH
ness Cincinnati Commercial Tribune
rvAnd stil prosperity grows. "a
| teoaf half the factories i'm the Q~rnt In