The San Francisco call., 1898-06-16
PRITCHARD ON
 PROSPERITY Benefits of Republican
 Rule Set Forth. GREAT CHANGE IN CONDITIONS PREDICTIONS OF GOOD TIMES
 ARE FULFILLED.
GREAT CHANGE IN CONDITIONS
Vast Increase in Commercial Trans actions Owing to the Wise Policy of the Party of Lincoln
 and Mckinley.
Special Dispatch to The Call.

WASHINGTON, June 15.-In the course of an extended speech in the Senate to-day upon the benefits of Republican rule" Pritchard (R.) of North Carolina said:
 The great change which has taken place in the financial, commercial and economic conditions of our country since the in- auguration of Republican President and the enactment of a Republican tariff law, directs attention again to the benefits which have invariably flowed from the administration of the Government by the great party of Lincoln, Grant and McKin- ley. Not in many years, if ever, have the material prospects of the United States been as bright as they are to-day; and for this the wise and patriotic legis- lation formed and passed by the Repub- lfcan party is responsible.
 A prediction made public by the Bureau of Statistics recently might well have been received with amazement and in- credulity by those who have not followed carefully the trend of our national trade during the year. To suggest that the balance of trade in favor of the United States for one year could, much less would reach the prodigious sum of $600,- 000,000 seemed like idle folly. Never before in the history of the nation has the favor able trade balance been half that much. And yet the prediction was well founded and unless the law of probabilities fail, the trade balance, which for the ten months ending April 30 was $514 ,245, ,495,
 
 30. The nearest approach to this extraor- dinary record was last year, when the balance in our favor was S286, ,263, LA
 It is estimated that for the full fiscal year the net amount of coin received in partial settlement of our huge merchan- disc balance will be at least S100 900 000 This is more than double any previous cash balance for one year, the largest having been S4,653,2OO for the year 1S79
 After describing agricultural and commercial trials through which the South has passed, Pritchard said:
 But brighter day has dawned. Out of the wreck of scheme and ill-founded hopes has arisen new generation, Who work ing with head, hand and heart, are rais- ing the Southern States to place where prosperity, plenty and happiness shall be the familiar portion of their people Tn the front rank of States that are working out splendid destiny stands North Caro- lima. No State has greater possibilities: none greater need of the fostering care that flows from the Republican control of the Government.
 The citizens of my State have not been backward in entering upon the develop ment of her industries and the whirr of spindle and the click of the loom in hun dredS of cotton mills are daily teaching her people the great lesson of industrial expansion. Prosperity has come to North Carolina to stay. This year there is a boom. Farm products are from 15 to 40 per cent advanced. Horses are 75 per cent higher than in 1897 and few to be had. Poultry is 150 per cent above last year. The lumber industry that was prostrated in lSs6-yI IS active and prosperous. To- bacco is higher than in four years
 Such is the news that comes to our ears not only from North Carolina, but from every part of this great country The song or an overwhelming. ever-deepening prosperity IS in every ear and this after less than year of protective tariff legis- lation.