San Antonio daily light. [volume] (San Antonio, Tex.) 1886-1907, 1897-08-12
!. COMING PROSPERITY.
A New Convert Talks On
Our Conditions.
SENATOR STEWART BELIEVES
IN PROSPERITY AT
LAST.
SayS 1t Will Pay Better Te Raise
Wheat For Cash Than Talk
Free Sillet S;ys That
Prosperity Is Now
Coming.

New York, Aug. 12.-The Times pub
fishes the following:
Senator Stewart is one of the latest
converts to commercial optimism. He
is a "bulr' on everything except sill
yer. He is engaged in vigorous
campaign in Wall street and said yes
terday that he had heard so much
about better times that he has deter
mnied to gather in part of the pros
perity which is not only rampant in
the street, but Throughout the land"
When asked what had brought
about this change in his views he said:
this country. No one can be bear
in the face of the wheat famine in Ar
gentina. Russia, Hungary and India.
In view of these conditions abroad,
shoGld not be surprised TO see silver
sell as low as % 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 into line with the forces of
prosperity and progress and receive
their due share of the reward. e
THE time has passed fSrs ne old is
sues. We must turn to the face new
issues and new conditions.
Il frequently hear it said that this
security market is duplicate of the
market of 1883. 1t is not. 1t is more
of bun market. All man has to
do is to get into it, go to sleep and
get rich. The wheat situation in the
west will make every railway not a
dividend Garner, but dividend payer.
Roads that have been morabund for
years are now taxed to the fullest ca
pacity and are still unable to accom-
modate their traffic. | am told there
is imminent danger of a car famine
on many Of the most important lines
traversing this country"
Are the people in the west alive to
this situation?"
1.-THE people in the west" he replied,
"are wide awake. They know a good
thing when they see it. Most of them
are hanging on to their cereals with
confidence born of hope and actual
knowledge Of what is going on around
them. With their immense crops
they will be able not only to liquidate
their Indebtedness to the money sharks
of the east, but will inaugurate a buy
ing movement that will surprise the
people in this part of the country.
think that by the late fall the truth
of what | said and reiterated during
the campaign will be generally recog-
nized and this is that there can be no
general prosperity in this country
that is not born and sustained in the
West"
Senator John r. Jones. of Nevada,
who is spending a vacation in this city
said yesterday that the continued fall
in the price of silver ought not sur
prise any one.
,"Silver is falling in commercial
price," he said, because of the falling
off in the demand of it for money.
Japan has gone on a gold basis and so
lessened the demand for silver. Be
sides this, there has been, because of
universal hard times, a great falling
off of purchases in the east. The ORR
entail countries use silver money and
our purchase are paid for in that met
al. This 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