Daily inter mountain. [volume] (Butte, Mont.) 1881-1901, 1899-08-24
PENROSE WAS CHAIRMAN
He Spoke of The Prosperity That Has
Come To This Country Under the
Present AdminiStratiOn--SeratOr
Quay Was lnd0rsed.


state convention today nominated Col.
James Barnet of the 10th regiment for
state treasurer: j. Hay Brown of Lam
caster for supreme court judge, and Jo-
sah r. Adams OF Philadelphia for super
ior court judge.
The nomination for supreme judge Is
equivalent to election by reason of two
vacancies, and no elector being entitled
, to vote for more than one person. The
platform endorses the administrations Of
Mckinley and Governor Stone, COM
mends the executive for his appointment
of Quay to the United States senate and
pledges the party to a reduction in the
expenditures Of departments Of the state
government.
A demonstration was given Senator
Quay when he entered the hall accom-
panied by State Chairman Elkin. The
convention was called to order by Chair
man Ellln and Senator Penrose was
elected temporary chairman. He spoke
as follows:
| "Gentlemen Of the convention: ! shall
not detain your proceedings by any eX-
| tended remarks, but l feel compelled to
congratulate you upon the glorious posi-
| tion which the republican party occupies
! today in this state and the nation at
large. There has been no period in our
history marked with such an abundance
of prosperity AS that which blcsses the
4 American people at This time. so cnor-
nous and varied are the activities which
control all Of the industrial and CONNER
cial channels of the country that it is diff
ficult to realize that only three short
years ago all the country's commerce was
in state Of most discourasing depress-
ion. To remove the blsht!ng evils or the
time was the promise and purpose of the
, republican party. So we'll that promise
and purpose have been fulfilled under a
republican administration every citizen
in the country may learn 1t his own door,
I'm the south during the first five
months of the current year LOCO spindles
and SIT 900 900 of capital have been added
to the cotton business. The export Of cot
ton cloth has been almost doubled since
1896 Citizens of Pennsylvania need not
be told that her great iron and steel IN
dustry has prospered as never before IN
their history. Progress in this great fea-
ture of the industrial field has been so
prodigous as to be almost revolutionary.
Production has been carried to an extent
which in former years would have result
!. ed in such over abundance that collapse
would have been inevitable, but now
even with the thousands Of mills pressed
to their utmost, the demand exceeds the
supply, and orders are booked so far
ahead both Of foreign and domestic
trade. that there can be no doubt of long
continued activity. The more signifi-
cant feature of the iron and steel indus
try in the United States under this repub-
lican administration is to be found in the
fact that for the first time the United
States has been able to make respecta-
BILE showing in the markets of the world
of her manufactures of steel and IRON.
| n he Ia
and steel have increased 80 per cent, and
there is every reason to beieVe that
American manufacturers OF these pro-
ducts have gained lasting foothold
abroad.
steel and manufactures thereof was $i1.-
lGO.S77, whereas during the fiscal year
ending June. 1899 the value of these pro-
lducts was S93 1l5 95l or more than double
that of three years ago. Coincdent with
this remarkable increase in exports is
the no less decrease in the imports Of the
same products. Three years ago the value
=; Of such imports was 25,33S ,103, while
! during the wear which has just closed
/. they are valued at ST. .09s 239, CT less than
+; half that of 1896. These figures tell the
, story Of the phenomenal change.
, During this recent period of republic
lean supremacy the great agricultural
classes have been blessed with abundant
which not only enabled the farmer to live
r cGmfortably. but to recover from the dis
l asters of previous years. But the most
I sien.ficant instance Is found in the state
I of Nebraska, where. from 1892 TO 1896
/ there was no year in which mortgages
: filed did not exceed mortgages released
! while during 1897 and 1888 the mortga ges
= released exceeded the mortgages filed
o from 20 to 33 por cert. So might industry
e after industry be reviewed, and we would
" find tina. il would all be record of
growth and prosperity, the fulfllment OF
the promise made by the republican party
of advancing wages ana widening fields
: of employment 10 busy and happy NIL
:. lions who only % re Gently were so des-
Il pondent and despalrlns.
/, The declaration made in 1896 by III,
: people of the United States in behalf o
an unQuestionable money standard hav,
!; such assurance OF stable condition tina
}, the present condition of activity could b.
said to date frcm that eVentful day. w
may not doubt tina. these blessings viii
continue so long as the governmental
affairs are entrusted to those who have
+ achieved the revival of trade and com
+. merce and who stand unfiinchingly IL
!; support of the public faith, the public
!. credit. and the absolute integrity of ou
2 financial institutions.