The times. [volume] (Richmond, Va.) 1890-1903, 1900-06-10

The Republicans are stalking their hopes
upon Mckinley prosperity so-easied.
| They have proclaimed time and again that
the prosperity which has come to this
country within the past few years Is due
| 10 the Republican administration CT az
fairs and they will employ that argument
| to indace the people to continue the Re-
| publican regime for four years longer But
| there has been a distinct setback in trade
. and there has been a fall in the price Of
| stocks. Il is said that Wall Street is the
| barometer of trade" and the general con-
dition OF business is reflected IN the quota
ton on the Stock Exchange of stocks and
bonds from day to day. Every slump in
the stock market at this particular crisis,
is a distinct blow to Republican prospects
and the New York Tribune is smart enough.
to appreciate that fact. Therefore, our
New York contemporary, which is the
recognized organ of the national Repnbh-
can party, is trying to arouse the rich men
in the Republican party to the danger to
The party Of Wall-Street panic.
After some explanation as to how prices
are put up and down by the professional
traders who trade not on facts, but on
current rumors, which are usually started
for that purpose only, and after showing
how, through these professional traders.
the market is left to drift without the
support of the substantial men of the
country, may be hammered down by politi-
cal scares, it comes to tie point and says
that it will help all the industries and
trade OF the country if the solid men of
finance during the flighty months OF fool
ishness that are coming make it thorough
" understood from first to last that they
have profound confidence in the people and
in the financial future. I'm serving the
country in this way" it adds, "a few men
can add largely to their own reserves at
the Same time, and can also help the cause
of sound finance and national well-being
in the political field because senseless
spasms of apprehension in business are al
ways apt to cause more or less political
unsteadness."
Translated into plain language the Tri-
bune means to say thus to the solid men
of finance" even the rich Republicans of
the land: Prosperity must be continued
or the Republican party is undone. If
you retire from Wall Street and leave the
market in the hands of the professional
spectators to hammer it down, confidence
in the permanent prosperity Of this coun-
try will be shaken and moreover that ex-
tensive class OF voters who go with the
winning side will come to the conclusion
that the Republicans are not confident of
Mckinley's reelection and they WILL there
fore, desert what they believe to be a sink
ing ship and cast their lot with the Demo-
Gratis 1t is to your interest that the Re-
publican party should win and it will be
greatly to your detriment if the Democrats
should win. Therefore it will be a good
play in politics and a splendid use of cam
paign money for you TO keep the stock
market as strong as possible, to make a
prosperity and no change in the policy of
the Government as mapped out and now
maintained by the Republican administra-
ton. The Tribune's article is most
adroitly put, but we have given the plain
English of it, and it now remains to be
seen as 10 whether not the solid men
of finance will rally TO the cause. Since
the article appeared, stocks have gone
down instead Of UP.