New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1899-10-20
THE PASSING THRONG.

Major J. F. Hanson OF Savannah, Ga. who Is
one Of the largest cotton manufacturers in Georgia.
is staying at the Fifth Avenue
COTTON Hotel Major Hanson is one OF the
MILLS IN leading Republicans OF the South
The SOUTH. and was member OF the Pam
American Congress. In speaking Of
trade conditions in Georgia and the South gener-
ally. Major Hanson said yesterday:
The general business conditions in the South arc
better at present than they have been at any time
since the war This Is true OF all lines Of business
Inc present better prices received for cotton az
1o'os more prosperous outlook for the farmers.
and we have gone on developing our manufactures
'here until We have now considerable manufact-
uiing Interest, and on this account are not as de-
pendent on the agricultural interests AZ once
WCtc. ne numerous cotton mills which have been
bunt all over that country have exercised a very
large influence in liking the price OF cotton which
naS ruled higher In the vicinity OF these several
mus IN proportion 10 the price I'm the leading mar
kets. than IN any previous season. IL really looks
now as though the South was strong enough hnan-
"Y 10 cohtIol me movement or the present cotton
crop To make what mean quite clear requires
niue explanation. In all years previous to the
been grown on advances secured from the banks, or
"letS' On me PIoSpccuNe ciops me eV.,ol
painters gave notes which matured from october !
10 November 10. and as a natural consequence al
most the entire crop in the South was thrown on
NE market between thOse Gates 10 eNanIe We
planters TO raise money TO meet these notes IN
ful value OF what he had raised Credit through
last year owing the then low price Of cotton. and
this has forced the planters TO raise this year 8
crop with hardly any help at all from the banks
Now they are I'm position 10 allow the cotton 10
come on the market gradually as the demand shall
lump. heretofore. For the last thirty DAYS cotton
has been selling all over the South at the same
usually sells there one-haN cent pound lower than
II does In New-York. The present crop vii come
from nine and One-half 10 ten million bales rs
ana about the SANE Tor The YEAR previous Five
have been considered a good one. Business gen
orally is very good and our people are prosperous
and happy. Constant Improvements are going on. and
in Georgla and tons of tboysan5s ~ Protections
doubt And what is true OF Georgia IS true OF most
South. Mckinley IS very popular with us and. per.
sonaily. think Will be renominated reelected
and remain President until 1901"
General R A. Alger. Of Detroit. ex -sccretary Of
War. has been in the city for a day or two on
personal business General Ager
GENERAL looks younger than for some time
ALGER on His complexion has lost the pallor
BUSINESS that characterized It last year, and
OUTLOOK. now looks fresh and rudy. When
at the Fifth Avenue Hotel
yesterday General Alger did not care to discuss
politics IN any way but he seemed sanguine about
"rhe business AFFAIRS Of the United states are
I'm most excellent condition. and II we can ne
Is my Judgment this prosperous state or aualTs VIII
last for many years TO come. In LOOKING over
last years statistics OF the balance OF trade. as
between this country and the rest OF the world /
find that % rests IN our favor in an amount 'N-
ccedng $4,000 600. As the gold IN circulation ~
the entire world does not exceed 5000 HrpV, ana
as We own. IN round figures NV0VW0D OF H. You
remain IN favor IN the same amount that. IL
aid last year II would take only eight years Tor
MS 10 rob the world 81 its gold. But OF course,
n IS too much to hope can repeat IN Ike -t-
gree the extraordinary prosperity or the asi year.
but surely with the facilities In the United states
over any country i'm the world for creating manu-
featured articles and raising agricultural PROD 30
he balance Of trade must constantly Doe growing
In our favor All Of which Is. ri course very
gratifying - an American. and gives rise 10 a
belief among Republicans that they had lnuch 10
do with Bringing II about
Ex-Governor II. s. Thompson or South Carolina
who has been making tour Of Europe and fe-
turned on the steamship Majestic
HOW A yesterday. tells THIS story W "'h
STORY was travelling IN Switzerani.'
TRAVELLED he said "a native Of one ~ the
towns in which stopped who had
evidently been told where came from. approached
me at the hotel and said
Excuse me sir but Will you CRAFTY my
curiosity bv telling me what Il was that the
Governor Of North Carolina SAID 10 the F"Fei"'l
OF South Carotira@ , 800 ..
"Ai ! could do II course was 70 throw uP my
torfs rerest the remark OF the Governor q North
iVaroiira and give pra ctlcal illustration ~ "Adt
<ofowed II II IS astonishing how those stores
travel"