The times. [volume] (Richmond, Va.) 1890-1903, 1900-01-02
GOV. TYLER ON PROSPERITY.

Tho Richmond correspondent OF The
Baltimore Sun telegraphs his paper that
Governor Tyler has received from the
North several requests for his views on
the business and financial prospects for
the new year, and though he has de-
clinea to comply with their requests, ne
is not one of those who takes rosy
view of conditions.
In his opinion there is the probability
of times Of great depression not far OF.
This. he is inclined to believe, will be
particularly the case with lahof'hs
classes after the completion of the big
contracts for railroad rolling stock. ms
is not news to us. We have ourselves
hoard the Governor give utterances 20
inst such sentiments within the past few
weeks.
Tho fact is our admirable and most
worthy Executive is SO inbued with Tree
silyerism that if the best of wheat shou!o
grow voluntarily all over his line farm
and one of his mountains should oreah
out into a stream of pure IRON winch
rolled down into his valleys 20 cool OIL
into refined bars, he would still think
there was no prosperity for him II ne
were denied free coinage OF SILVER nav
1ifty-cent dollars.
What would the Governor have? Does
he not see all classes occupied Win
rem,,nerative employment? Can ne haiie
y man who cannot get work at Soou
wages il he is willing to work? Inc
farmers are not getting extravagant
prjces for their wheat and their corn
and their bacon and their cotton. but
they are getting good living prices. and
if they will insist upon raising more
food and cotton than the world can con-
sumo they must not complain II the
satiated world responds that it is full
and can eat no more. and SO oppressed
with clothing that it can wear no more
And why should the Governor think
the era of prosperity will end as soon
as the railroads get through with their
present contract for rolling stock? Why
are the railroads laying in increased sup
plies Of rolling stock? Is it not because
they see that they will have use for it
in the future? Do they not see that
crops will still be grown and manufac-
lures of all sorts will be increasing,
and if this goes on Will it not continue
to furnish the same employment we now
have for all who want work?
we do not see how tho Governor could
read Sundays Times and think that the
prosperity of the day was confined to
one business and that i'll department
that was threatening to come to an
early end The record we published
Sunday showed that from every quarter
of The State came reports that business
Of all sorts was forging ahead as though
inspired by demon.
Take the summary we made of interest
10 be paid out in Richmond January
lst. All of the great corporations located
here were to pay out great sums. The
Eirginia-Caro!ina Chemical Company
was to pay out $4,000: That represents
With these profits the company pays high
wages TO an army of employees. Would
the farmer purchase their fertilizers uE-1
less they expected to get profitable re-
turn?
The First National bank was to pay
out s2i.eco There are profits made by
lending money to men engaged in all
sorts OF business Would these men Dor
row this money unless they found they
could use it probably in their business?
And 50 we might so on ed inti1iium
The Governor must look more deeply
into things and he will find that when
the country is prosperous as it now is
the prosperity affects all classes and all
employments.
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