The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1903-12-27
HARD TIMES
NOT COMING
Cornelius N. Bliss Has Been All.
Over the Country and Sees
s'No Hard Times
PROSPERITY IS EVERYWHERE: H | E ; {:
There's No Overproduction and
No Occasion for the Slight
est Uneasi11ess.
fsnccia1 to rho Tlmes-Dispatch2

(opCC1ll lO Il u lAlleS-I|lSPeh'SA f&574@
NEW YORK. Dec. 26,-Fresh from q
trip Of 5000 miles over the continent, Cor
suelius N. Bliss has returned to- New y t ork.
bringing the tidings that SO far as he
could discover in Ills journeyings there
are no ''hard times"
prosperity reigns In tho great West"
said Mr.. Bliss, "and farmers and business
men arc undisturbed by the recent Wall
stleet tlurries, which they regard as mere
ly local and incapable Of causing any con-
cern to tho commercial world at large,
These nurries." Mr.. Bliss says, have
aroused q natural curiosity throughout
tho West. but have had no permanent ef-
feet. Tho curtailmcnt Of production IN
certain directions In his opinion Is not
an indication Of approaching distress. but
merely an Incident Of business activity.
NO NEED or UNl1ASINI1SS.
"There is nothing In tho business out
look that ought to cause uneasincss," Mr..
Bliss said Wall 5
"Whatever thero may have been OF an
alarming nature has passed away. There
is no sign that tho conditions that exist
Ell In 1906 and 1896 are to be repeated.
Business Is properous. Mercantile col
lections are good, Reports brought to mo
by Western merchants are to the effect
that they have all had a good year and
that tho outlook Is good.
do you think that there Is any need
OF a revision OF the tarlff?" was asked.
'I do not think tariff revision Is at all
likely" Mr.. Bliss replied. at least not
during the present session Of Congress,
which will be too brief to permit any ac-
tion to be taken on tho tariff In any
event. don't think any ono believes any
revision Of the tariff Is desirable ut this
time except possibly In q way Of reci-
procty treaties. Every revision means
year or two OF agitation. which Is dis
turbing to business. The people arc not
ready for IT,
Mr.. Bliss is greatly Interested in tho
construction Of tho Panama Canal, which
he thinks will bo OF immense benefit to
4 tho country, Flo asserted positively that
he knew personally that this country had
nothing whatever to do with tho rising
which ended In tho revolt Of the State OF
Panama, and ho pointed out that there
wcro plenty OF precedents for tho immo-
diute recognition Of tho new government,
NO ovERPRODuCTION.
~ SEQ no danger OF over production at
present" he continued. '"rhe curtal-
lnel,t that Is going on In tho steel Indus
try, for ins tance. is OF no consequences,
There always como times when business
is less active than at other times, and
men must act accordingly, This always
causes Il little depression. If wo had the
freedom Of all the markets that are ready
to take our products there would probably
be no occasion for cutting down fproduc-l \
ton stttt
II have lust made trip Of 5000 miles
which took mo through Texas. Arizona
and New Mexico to tho Pacific coast
through California, Washington. Oregon
and back by way Of the northern route \
I noticed that Willie tho. excitement In
Mall Street aroused curiosity ] t had af-
tectcd general business very littlc Dur
Ing my Western trip ! noticed that tho,
railroads seemed taxed to their utmost
capacity, not only IN passenger traffic,
bit In freight, This seemed To mo a sign
Of prosperous times,
Mr., Bliss declined to talk of tho pres
cnt political situation, but no believes the
Republicans candidate for President VIII
bu elected.