New-York tribune., 1899-07-26
THE PASSING THRONG

James H. Eckels. formerly Controller a. ~.
Currency, now president OF the Commercial \.
tional Bank in Chicago. 4, a,
Mr.. ECKELs the Holland House. This !.
SAYS THE WEST what Mr. Eckels had to cav
is BOOMING. about the situation in N.
West
THE general business condition OF the Wes, a.
most excellent. This is notably so Of the s,a,s,
west Of the Mississippi River. where the dis,res,
during the years from 1893 1897 was most serlou.
In these States there is now a superabundanca a,
investable capital, lessening OF mortgag. and
current Indebtedness and a prosperous outlook
do not think the general public has yet com. 10
realize how much Il has meant to Western peons
TO have the great trunk line roads, notably ths
Northern Pacific. Union Pacific and Atchlson an
Santa Fe. placed ucon the substantial basis they
rest upon. The elimination OF the speculative
element from them and their conduct upon bust
ness principles have been Of immense value 10 ths
probable that this prosperous condition. with tho
added favorable factor OF a good crop outlook will
be be, maeray TSs nst DISTURBED Dy the M cleo
tend TO allay the usual fear attendant upon such
There will undoubtedly be much discussion Of
the trust question. and demagogues will have much
10 say on the subject: but somb9ations OF capital
commend themselves TO the public than otherwise.
] doubt the wisdom Of rushing to the lawmakers
for the enactment of antitrust legislation. IL
seems TO me the amount OF capital employed and
the number OF points at which business Is con-
Quoted under the same management is no more the
subject OF legislation than Is very small business
conducted at single point TIE ne best e way 70
leave them alone and II there Is no purchase OF
the stock there T be mo no Soa1 The BE Il
remedy for the average business evil JUST at
present what is most needed by the public on this
nation. II they can get It they will take care os
the problem without the aid Of the professional
politician blatherskite and demagogue.
THE people OF the West are anxious 10 see the
war in the Philippines closed and the country
again at peace. / do not believe az any time they
have ever been enthusiastically IN favor of IT,
and as 1t drags, on they more and more wish It to
has been opened that will mean for long time
loss of fe mhon and PTess m Nsbar Without ,sg any
they do not believe that reason exists for A cen
sorsd press It is something hin 9gi5s inGSmPaS'
can. The people are quite entitled TO know the
facts at this time. Certainly the authorities at
washington afford 10 give all the facts. rely
ing upon the wisdom and patriotism OF the people
to support them in everything in which they can
be justified
Antonio San Miguel Editor and publisher Of Ia
Lucha," one Of the leading daily papers in Havana,
arrived in this city yesterday.
EDITOR OF Sehor San Miguel is a typical
LA LUCIA" Spanlard, and cannot speak a
IN THE CITY. word OF English. He Is small
man, with pleasing countenancs
and all the polished courtesy of the Spanish gentle
man. When seen yesterday at the Hoffman House
he said through the medium OF an Interpreter. that
he had come to the United States for a short vaca-
ton, and incidentally 10 make some personal OBJ
seryations. Concerning the new regime In Cuba
he would say nothing except that he had expressed
himself pretty fully In his newspaper.
La Lucha," explained the Interpreter, rs very
friendly 10 the United States"
on the question OF the future disposition OF the
island Sehor San Miguel was equally retcent He
excused himself from discussing this subject
the plea that he tired out by his long journey.
"Sehor San Miguel says that ne VIII be pleased
to talk 10 The Tribune at some future date, when
he is feeling in lne mood" said the inter-
prefer.