The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1904-11-12
The Election and Business.

In considering the many things that
operated for the return to power of
the republican party, by an overpow-
ering electoral and enormous surplus
popular vote, one important factor
about which least has been said, comes
forcibly to mind-the great desire on
the part of business men for CONNER
cial stability. r..
How strong this feeling was is shown
by the heavy Roosevelt vote in the
larger commercial centers and in the
great industrial states Of the north.
The merchant, banker and manufac-
turer, for the most part, felt that
safety lay in continuance in power Of
an administration not likely to favor
radical changes, and the workingman
believed sufficiently we'll in the idea
of mutual benefit to employer and en-
ployee to throw his vote largely on the
the side of conservatism.
To say that the business man could
see nothing at all to criticize in the
president or his party would be over
\ stating it. To say that he feared Parker
VI 1hO OoAOAO VI VI Cuo uCMOC1dClC pal ny
as likely to bring business demoraliza-
ton would be equally erroneous. There
was no such nervousness as in the two
previous campaigns. There was, how
ever, safe, strong party in control of
national affairs, man at the head of
the nation whose honesty Of purpose
his severest critics do not question, and
a cabinet headed by a statesman and
diplomatist of worldwide renown. The
whole looked good to the average bust
ness man. . ..
The opposition may have had some
very worthy principles and some hon
est, capable men, but failed utterly il
the presentation of convincing reasons
as to why place should be made for il
by the throwing out of the ruling party
The business man could see no reason
for change, especially in the face
of the general revival Of trade ant
increased industrial activity, which pre-
sages great prosperity to come.
The immediate effect of the election
was shown in the strengthening Of thu
speculative markets. This is no grea
indication of prosperity in itself, no
do the majority of business men car,
about it directly, but it is important a
indicating confidence. Everyone nov
believes that the country is in for goot
times.
To pick one item from the many max
ing for favorable sentiment, we ma,
take the government report Of Thurs
day. This indicates a yield of 2,453
100000 bushels of corn, one of tn
largest crops ever raised, and Of higl
quality. With this comes the esti
mate of Broomhall, the Liverpool grain
trade authority, who says Europe will
likely need 100000, 900 bushels of cor
the ensuing year. Last year we sol
Europe 56,40O,OOO bushels corn and tn
year previous " 100000 bushels. Thi
year we will sell at least twice as much
Enormous exports of cotton will ais
20 to swell our credit abroad, Will
at home an era of general constructio
work that will show principally i
building in the cities, and in railroa
extension, appears to be close at HAND
sS3 tfgss
Judge Evans, chairman of the Nilsson
democratic state committee, says cotto
did it. He was asked what had happene
to southeast Missouri, the old "Gibralta
Of the Missouri Democracy?"
THAT was cotton" he said. I'VE los
both the fourteenth and fifteenth dis
tricts. They had heavy crop of cotto
down there and it brought a good pric