Arizona republican., 1899-01-03
AMERICAS BOOM NOW ON.
See Evidences of Immense
 Prosperity on This Side.

The United States is standing at the
 gateway of prosperity, with the door
 wide open. The next few years-fOur years at least, eight in all probability will witness better material conditions,
 a greater volume of trade, more con- l.tentment, than have been known for the past two decades. Everything points in that direction I have al- ready explained that, for the present at least, there can be no revival of silver Legislation, and that fact alone will lead European investors to repurchase the stocks of American railroads and other industrial corporations which they threw over in their panic when the sue cess of the silver party seemed at least probable. The same causes operate to prevent any tariff agitation, always a most disturbing factor in business, and which, while the uncertainty lasts, pro- dGces almost complete industrial par alysis. The Dingley tariff uoes not
 yield sufficient revenues tC meet the expenditures of the government eco nomically administered, but the excise taxes and stamp duties made necessary to meet the extraordinary expenditures of the war are not only meeting all de- mands. but are providing a surplus
 
 ure to bridge over an unusual situation, the leaders of the republican party now realize that their retention is necessary if the experience Of the last two ad- ministrations is to be avoided when, to enable the treasury to meet it's iSibli- gatiOns, bonds had to be issued to pro- vide the government with working cap ital. There is no longer any fear en- tertained of a deficit. There is money enough on hand not only to run the government" but also to pay for new battleships and a larger standing army and all those other things which the war has made necessary.
 Not the least of the benefits of the war is the stimulus which it will give to American commerce. The United States has always had a large share of the trade of Cuba, but it has been ham, pered in every direction by the obnox- iOus and .burdenSome tariff regulations which Spain imposed on foreign mer- chandise in her efforts to preserve a monopoly for the benefit of the mer- chants of the peninsula. Despite this, American flour, American boots and shoes, American petroleum, scores Of American products of various kinds, have found a ready and profitable mar ket in the Antilles. Now, with these CDSJacl6S removed, WlJn u1Scf1mlnd- ton shown in favor of instead of 9 against American merchants, it is easy enough to understand how American trade will dominate Cuba, Porto Rico and the Philippines, and it is a trade which assumes no mean proportions When American merchants find that it is easy to do business with the Philip pines I think they may be relied upon to press their ventures little further and cross the Asiatic sea to ChinaI Al ready America's trade with China is second only in importance to that of Great Britain, and yet it is so far De- hind that of her nearest competitor it must be evident there is abundant room for it's almost indefinite expansion. No doubt whatever exists in my mind that, for few years at least, America of fsrs the greatest possibilities for the accumulation of money.-A. NJ Low in National (LCndOn) Review.