The Mitchell capital. (Mitchell, Dakota [S.D.]) 1879-1918, 1904-09-16

- eS$A o1N oNAN
no new factories are being constructed;
that thousands of working people are
idle IND that Republican prosperity is
n myth. These statements are SO pail
pably false or so greatly exaggerated
:hat Intelligent persons are not misled by
them, but there is danger that when the
eanards are reiterated by the calamity
howlers a few people who do not keep
closely in touch with Industrial and com
mercial conditions may be led to believe
them.
Any man or newspaper that dehber-
ately attempts to create distrust in the
financial or commercial world is little
less than criminal. Some States have
iiinitory laws framed for the purpose
% sending to prison persons who eircu-
late untrNdhful rumors about banks and
trust companies. If the man who causes
a run on n bank by spreading a false
report isl a criminal, is not the man or
newspaper that attempts to make politi-
dence also n criminal? And, by the same
or iidorses the utterances of the calam-
ity bowler and spreader of false rumors
IN enemy, Of the law?
what Is POsaIb1e.
Suppose the Democratic party won a
victory at the polls through destroying
confidence in commercial and industrial
circles, would the administration of that
party have the confidence Of the people?
Would not capital, which is always timid
in the face Of uncertainty, begin to hide?
And when capital is distrustful what
happens2 Industries lag or close. trade
of the retail merchant falls off, the job
Der and wholesaler suffer, railway traf-
fc diminishes, hundreds of thousands of
wage earners are thrown out of work.
distress beooanes general, soup houses
are opened and cities are compelled to
begin charitable FORKS for the idle.
No political party that countenances
the creation of distrust is worthy of the
peoples confidence. 1t. will be a sorry
day for the country when the calamity
ihOwlers succeed in reversing those beneii-
cent policies which the Republican party
has put Into effect and which have re-
suited IN an era of the greatest pros
perity any nation has ever known.
Thak Industries and business of ali
kinds continue to prosper there can h@,
no doubt The few strikes in the build
ing and other trades are not indicative of.
depressed conditions. Wage earners do
not strike in times of panic or waning
prosperity. Strikes are generally for
higher wages, and no toiler expects an
increase In wages when work is scarce
and thousands of his fellows are idle.
There 10 ample evidence that prosper
Gus times are still with us. A glance at
the newspapers, Democratic as well as
Republican, shows that millions of dol
lara are being expended in building new
factories and enlarging old ones, in cor
STRUGGLING new trolley lines and improv-
ing the rsadbed and equipment of steam
railways.
More persons are employed now than
ever before. As proof of this statement.
take, for instance, the railways. whose
traffic always is a reflex of business
conditions generally. The number OF en-
pfoyes on the pay rolls Of the railways
in the United States on June 30. 1903,
was L312,537, or $50 per 100 miles of
line. These figures, compared with those
of 1902, show an increase of 1913 222 or
40 per 100 miles of line.
A summary of dispatches taken from
the Boston Evening Transcript, the
Pithsbnrg Dispatch and other reputable
newspapers in the last five days is here
given:
Steam and Electric Rnilwnye.
New York.-Two million Is the timat
OF the cost OF the steel rails wanted by
me Grand Trunk Pacific sponsors for 1905
Kansas Gity:,-ons million dollars Is to
Quincy Railroad Company in the develop
nlent Of holidays in Clay County, Mo, op-
Jackson, Miss.-Three hundred and Atty
thousand dollars will be spent by the Coast
Elect Hon Railw.y bin, IN Constructing q line
IttsbMtg.LTh Baltimore & Ohio will
station Mt Baltimore; the Wabash Pitts
.o aisn ae aeae.0d n M.-rhe r, paso &
Northwestern Railroad is building fifty resi-
dcnces at Alam0gordo for employees.
RuYaIo.-Ten large locomotives have
heen added to the rolling stock Of the Bos-
ton q Maine Railroad equipment.
st. Lonis, Brownsville & Mexico Railroad.
which e to extend through San Patricio
Pittsbu.E.Lpittsburs railroads are in
crea@ing their coal and cattle car supply.
The Baltimore & Ohio is In the market for
LOO gondolas and $50 refrigerator cars:
the Wheeling & Lake Erie has ordered LOGO
wooden and 500 steel cars; the Pittsburs
e Lake .Erie has put into service 1000 new
Gtecl cars.
Burlington, Vt.--At a cost of $500. 600 the
Central Vermont Hallway will construct q
branch line from Bethei to the newly de-
ye1oped granite quarries three mites from
Bethel.
Bufralo.-Tke Lake Shore intends to re-
SHINE four-traeking the road from Buffalo
to Chicago.
Wdciita. Kan.-The Frisco Line is recon
strpttsng< Its track and roadhed between
Wichita and Ellsworth. giving employment
to sesef1l hundred lRborers.
pittsburg.-The Onion Switch and Sig
nais Company reports TINT the new orders
booked for August exceed any other month
Of the year.
stsChicaso.-Western railroads brought
TO Chicago last week 5.205.O 900 bushels OF
grain, showing an iaerease tf more ttan
tN0.iM bushels nver the grain traf nc IL
sthr correapoiidIng week last year.
! New York.rssThe manufacturers Ut. MT
rltllie tools nsport That there is A decided
iInl'rovemtRtd III fle demand from the rail-.
1.'n,is which are repairing their rolling
stock. 4EsE
ass xesA.r-Eight million dollars VIII be