The Scranton tribune. [volume] (Scranton, Pa.) 1891-1910, 1899-02-22
The One Thing Needed.

just before departing from Pittsburg
FOR the south Hon. b. f. Jones, Of the
firm of Jones and Laughlins. one
of the best posted authorities in the
iron trade in the world, was asked bv
Pittsburg Times representative for
an opinion upon the business outlook.
This is what he said;
find business along an lines OF the
iron and steel trade satisfactory. with Il
good demand for an classes of manufac.
tur,d material. Prices are low. ana have
been ever sine" 1892, but Notwithstanding
| lhlS, conservative management of the in
duStlN has made it possible Tor mauufac.
| tGr"rS To secure satisfactory profit and
tncr" are no grounds for complaint The
present condition Of the trade is all that
could be asked, except probably Il little
advance in prices for manufactured ma
lellul; but 4 heavy advance in prices al
ways results diSaStrUI sly to this interest
creating paniCky spCCulH ton that Is hurt
:uL As to the futrre Of the business il
is more than promising and manufactur-
erS could not wish for ANYTHING better.
There is large volume of business in
sight that will keep manufacturers busy
Tor a long time and new business Is de-
NeloDlnS all over the country every day.
These conditions are largely due to Il wise
protective tariff and q stable national au
mnistratiOn on the basis of a sound ma
tional finance that has re-established the
nations credit, inStilled life into invest.
ments and set To work the many great in
dustries Of this country which so long
stood idle. What is true of the iron ana
steel trade is also true in all other lines
Of business. Whenever you find this
branch of industry prospcrire the gen
erai business OF the country is always
barometer that indicates the conditions
] look for continued prosperity and a
steady development of our great resources
IN all parts Of the country, bringing
about an era of prosperity that will prob
ably. eclipse anything 50 far recorded in
the annals OF our manufacturing, farm
ing and other interests This will create
a demand that will keep every man in
the country busy al good living wages for
Il long time to come.
Mr. Jones is a man cautious Of
speech ana not given TO over conf
dence. His statement can be relied
upon implicitly. What he says is said
in substance by other prominent bus
mess men elsewhere. 1t is the opinion
"' the best Judges Of business in Scrar-
ton. one of them recently made a we
ger with a friend that the outJnt #
anthracite coal for 1899 would ha near
er 10000 600 than $1,000, ,OOO tOns-an eX-
preston of confidence which, II Il
means anything, means much more
than the recent average Of employment
tn local labor in the mines and more
prosperous conditions in all local trade
channels. 1t is fact now generally
known that the local steel rail plant
has orders booked ahead to keen It's
mills buster fo> many months to
com" than they have been for "a num-
Der of years past and the meaning
Of this to the business life of the com
munity at large does not have to be
explained.
Altogether the immediate future is
brigh; with promise and it is to be
hoped that this happy condition will
prolong itself indefinitely. The perpet-
uation of it can be assured. however.
only in one way and that in the man
ner pointed out yesterday. The indus
tries of scranton must he further d.
Yersitied' Plants must be established
Nh''H VIII REPRESENT varied produce
ton, 50 that even when dun times
come some of them will be busy all the
time and serve as bulwarks againsl
local depression. Scranton has the
fuel 1t has the shipping facilities. Il
has the labor 1t is a popular and
progressive city with a continually i'm.
creasing prestige, All that it needs TO
leap forward into the forefront of the
onward procession is more active capt.
tai ready Cor the proper encouragement
Of new enterprises.