The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1902-10-15
dTATION IN THE EAST.
~ strIpgsuty and Coal Difficulty
AVE- Inscribed by Mr. Kirby.
II PROSPERITY OF THE COUNTRY.
...,,,d.rs Threatened With Freez-
Y" y y Death II the Anthracite Mines
~ y" y. Not Speedily Operated.

IL -, n. Kirby has returned to the
"a 49, mn absence Of several weeks
x.v York and Boston, When ln-
nv representative Of The Post
,.ct of the financial ana indus
.iATsoot Mr. Kirby said: The pres
an, stripgency, instead of evIdenc-
'..I ..t,,oss Is token OF strength-a
' Il, testimony Of the marvellous pros.
f "a expanding trade OF America
ia q being Withdrawn from circula--
,,h distrust OF the country nnau
W ,,,n, or for any other reason; on the
5. there Is more money In circula-
,oaoy that at any period IN the
n,.tory. Prosperity Is SO universal
4tons 1,'onsy Is widely distributed, there
laa.t. ,eore rash prupottionately III country
slak ,sau In the large commercial cen
ilAs Spw York banks are shorter OF cash
~ ,Nose Of auy other city simply pc
~, renter demands arc maze upon thcm
asss ,t M hear n closer and more response
up u lIs;,on 10 the balance of the country
w W. W tbe hanks of any other center.
i isa crops are Low being marketed,
~ ~ move these large demands
ssr * nre made ON New York. Tue
seis / this country are ol the approx
maie Ihe OF S3.OUO.UDO,UUO aud to produce,
tura prepare and market these requires
n ldrcs mount of cash. rho leading
I'M ~ ~ present shortage of currency
x.u YORK Is explained ia the statement
~, he mnnev has gone to the country
n.rs tho crops Very soon II VIII have
e.,,nilshed MS mission aud viii nave
INA ia WAY back TO the financial cen
sv@ By january money VIII be in nor
III mpply iud continue so until there Is
A ..s,sS ZION 10 move. BY that time doubt
#sss some erpedient Will he hit upon to
tmsmer the currency supply.
WI d,ubt Of the stability and value OF
I'M Ngs Of the currency were causing
,st tlpEto withdraw gold or currency and
XIX n iway In safety deposit vnults. or
ssef n ees Of security, there would he
slscn br alarm. hut nothing of this
riture exists Currency expansion, great
< II has leen has not Kept pace with eT-
ti1sl0n intradC aud temporarily the conn
M hnds self short Of adequate cash for
Ne crop mcemcnt This, i think, is the
sioiy briefly sid
The disturtd conditions i'm New York
aid The high rates for money prevailing
there are moi consequence AZ the Coul
shihs Doubuss Wall street Is disturbed
oyrY the strike and the value of many
1eks Is more T. less anected but condi-
4 NfA7 ~ f'iN .fAH Al NV = Ai'.'lNAflt ll'iA
lt 10 do with tn currency supply in Sew
lhik banks
The commercallntcreFt of the North.
and especially IN Nv England. arc suffer
Ing heavily. Many nall manufacturers are
% the verge Of bankruptcy In consequence
n the high prize of fuel and n relief Is
ra he'd soon many IN inevitably 20 to
he wall But this is lot the most serious
Il conditions IN New hgland produced Inv
tbs strike, In few eeks that country
vii be IN the throes Of Nlntor. inc peop,c
ne now wild with feat for unless roel
can he had there will l. great snlfering
end death The rich and well 10 do viii
cors South, but the poo must stay m
lone and face the horrorsof winter Win.
oct Ares Thousands viii die Alreody
funds are being collected i'm the cities
throughout New England Il provide sucn
protection as mny be had forfrS moor In
New York alone one Of the gtoT shin corn
panes Is bringing 10000 tons,f coal from
Wales for the use of the nor Of ,bot
d diy. throughout New EngIau even thf
veil to do are preparing to clGc son,o al
lha homes and double into othe, homes sr
q to save fuel Three famiffs In onc
house to save heating the ntho two ,s
sad to be Of frequent occurrence. NJ Of
sunny old TeSns can form no ide, az ma
+ apinlhess of conditions coufrontify Nev
Slglald" -'e"