The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1898-06-03
PROSPERITY IN CENTRAL wsar.
Representatives ovsrs,rsa on nusinsa
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80 NGl-I9alF ---- gTfIffrf' - ats.
Representatives Diversified on nu,ins.s
and Political Conditions.
WASHINGTON, June ?.--Represent-
ative overstreet, OF Indiana, secretary
OF the Republican congressional cam
paign committee. returned to-day from
q western trip, bringing his colleagues
on the committee cheerful Intelligence
about business conditions and sound
money sentiment.
II found he said. "that business ls
not as much injured by the war as at
first supposed. Indeed. I was very
much RrntiBed to discover that some
lines OF business have been very grea tly
Increased. The farming communities
or the Central West have been greatly
profited by the rise in the prices OF
farm products. and the great number
OF mortgages that have been lifted
within the past few months Is strong
evidence that the farmers have been
having products for sale. L um credi-
bly, Informed that through oil tho agri-
cultural states the farmers have taken
advantage OF the conditions which have
prevailed for the last year, and have
made great reductions In farm mort
cages and cancelled or reduced their
debts to such an extent as to put the
farming communities on q much better
footing than they have enjoyed for
number OF years. "a y s ] iR.f
Except for the natural disturbance
which all business feels during time
OF war, wherein the purchases OF large
concerns are affected because OF the
fear OF sudden change OF price, the
business Of the country has been vast
ly Improved. The balance OF trade Is
greatly In favor OF our country. and, as
compared with the year 1892, when our
prosperity was at the high-water mark,
the net profits OF our people have more
than doubled In the past year. Our
exports have not only been vastly in
creased. but have occurred In new llneA
OF business. showing that We are not
only selling more products abroad, but
| are selling greater variety OF products
abroad than we ever did before. The
Improved condition In business had
reached such a point at the outbreak
OF the Spanish-American war that, but
for the war situation, we would by
this time have enjoyed the greatest
business prosperity this country has
ever before witnessed. and. even with
the war situation, the commercial world
feels the stimulus which American busI-
ness has received under the operation
OF the present administration. This all
emphasizes the claim made bv the Re-
publican party In the campaign OF 1895
that, II given power and opportunity
to change the revenue laws and give
full expression to the gold standard on
the money question, business would re-
vive
1.-THE Dingley bill has demonstrated
by Its operations that It Is a revenue
producer, and but for the war sltua-
ton would to-day be producing more
revenue than, the expenditures OF the
government The declaration, OF the
Republican party for the gold standard
has been accepted universally by the
party, and3there Is no point more pro-
nouuced than this In our ranks. There
Is no disposition to evade this issue.
While many OF us have hoped 70 see
some measure enacted into law which
would reform, and, as we think. i'm
prove the currency laws. yet the war
situation has necessarily intersered
with this movement, and postpoaedgit
perhaps to a later session OF Congress.
But In my Judgment the country gen
orally Is stronger to-day in favor OF the
gold standard than Il was at tho close
OF the campaign OF 1896. Every. illus
tration made by the advocates OF free
silver has received It's death blow by
circumstances arising since that cleo
ton: The unexpected rise in the price
of wheat has forever destroyed the ar
gument OF the Bryanites that the price
OF wheat was In way affected bv the.
silver question. Every argument that
was made by the advocates of free sill
yer in that campaign has now q new IL
Illustration to defeat 1t, and these things
are recognized and understood. by the
| people,
1.-THE 1st OF June. 1895 the great mass
OF Republicans OF the Central West
were hcsitating and doubtful In refer,
enc to the silver question: but I believe
there. Is no class OF Republicans In,
these states now more fixed In their be-
lief that. the Republican doctrine on
the money question than those farming.
| communities - lls ss5lgf4:r 5s-5 s,.s-