The Springfield herald., 1904-09-16

no new factories are being cOnstructedi
that thousands of working people are
idle and that Republican prosperity is
a myth. These statements are so pal
4,ably false or so greatly exaggerated
that intelligent persons are not misled by
Them but there IL danger that when the
cnnards are reiterated by the calamity
howlers few people who do not keep
closely in touch with industrial and COM
nerciai conditions may be led to believe
them.
ANY aEln OF newspaper that dehber-
ately attempts to create distrust In the
financial or commercial. world Is little
less than crimnrl Some States have
punitory laws framed for the purpose
OF sending to prison persons who circu-
tate AntruJhful rumors about banks and
trust companies. If the man who causes
a run on a bank by spreading n false
report Is a criminal. is not the man or
newspaper that attempts to make politi-
cal capital by destroying public conf
dencc also a criminal? And, by the same
reasoning. Ia not the party that permits
or indorses the utterances OF the calam-
ity howler and spreader OF false rumors
an enemy OF the law?
What Is Possible.
Suppose the Democratic party won a
victory Mt the polls through destroying
confidence in commercial aud industrial
circles would the administration of that
party have the confidence Of the peoplei
Would not capital. which is always tinid
in the faoe of uncertainty. begin to hide? ?
And when capital is distrustful what
happens? Industries lag or close, trade
OF the retail merchant falls off, the job
her and wholesaler suffer- railway traf-
fic dininishes, hundreds of thousands OF
wage, aarners are thrown out OF work.
distress becOmcs general, soup houses
are opened and cities are compelled to
begin charitable works for the idle.
No. political party that cOuntenance,
the creation OF distrust is worthy of the
peoples confidence. It will be a sorry
day for the country when the calamity
howlers succeed in reversing those beneil.
cent policies which the Republican party
las put into effect and which have re,
suited in. an era OF the greatest pros,
perity any nation has ever known.
That Industries and business of all
kinda continue to prosper there can be
no doubt. The few strikes in the build.
ing and other trades are not indicative oil
depressed conditions. Wage earners do
NOT strike in times of panic or waning
lsSsperity. Strikes are. generally for
tagair wages. and no toiler expects an
increase in wages when work is scarce
aud thousands OF his fellows are idle.
!. There IL ample evidence that prosper.
GUS times are still with us. A glance at
tho newspapers, Democratic as well ns
H4pnbA0aR. sifews that millions OF dol
3ers are being expended in building new
fAnforiea and enlarsing old ones, in con
StructinE. new trolley lines and improv-
ing Che rosdbed and equipment Of steam
railways.
More persons arc employed now than
ever before As proof of this statement
+ake. for iRstance. the railways. whose
t<Alfic always is a reflex of business
ssadltions generally. The number of EN-
plsyes on the pay rolls of the railways
IN the United States on June 80. 1908,
was 1312,537. or $50 per 100 miles of
flse. Fhese figures. compared with those
Of l8O2. show an increase of 123.222, or
40 per'1O0 miles of line.
. A summary of dispatches taken from
tho HQeton Evening Transcript, the
Ritanburg Dispatch and other reputable,
oewaRapers in the last FIVE days is hers
EIgen:
6team aad Electric Railways.
Of the coat OF the steel rails wanted i,y
re Grand Trunk Pacific sponsors for 1906
Kansas ,cIty.-one million dollars is to
ee. spent by the Chicago. Burlington <
Qu.acy Railroad Company in the develop.
ssts 4 kss.s. sss.neSs ety In Clay County NO. OPP
a.Jackscn, Miss. Three hundred and hfty
thens3M doaars Will be spent by the Const
tro,a Henderson Point to Point Cadet. ~
.na e prs"iss hsIt%Ess ohs wl
burg Terminal Is erecting IA f75,O0O freight
Alsmosorao. n M--rhe Ell rnso .
'dSnces 81 Alamogordo for employees.
Buffalo. Ten large locomotives have
1een added to the rolling stock OF the Bos-
ten Maine railroad equipment.
z; Haton, Tex. Work commenced on the
st. Louis, Brownsville & Mexico Raiiroad
Whica is to extend through San PatrIcio
=. Plttst'urg. -rittshurg railroads nrc in.
G5easlng their coal mud cattle cnr supply.
1,0o0 roni'crs aud 20 refrigerator cars;
The Wheeling & Lake Erie has ordered l.ODd
ase s s sss sst s,se os fs service ss
Burlington, vt.--At n cost of 100000 The
Central Vermont Railway will construct n
.,ranch line from Bethel to the newly de-.
yeioped sranite quarrles three miles from
B,.ne io.---The Lake Shore Intends to re.
to Chicago.
: Wichita. Kan.-The Frisco Line is recon
siructlng its track and rondbcd between
Wichita and Ellsworth. ritihg employment
to sevefai hundred lnborcrs.
9. Plttsburg.-The Union Switch and Sig
nal Company reports that the new orders
boQked for Augast exceed any other mouth
OF tbf ynar.
to Chicago last week 5.2o1.ooo bushels of
sraln.-l showing an Increase of more thnn
the corresponding week Inst year
y. New York.-rThe manufacturers of ma
chine tools report that there IL decided
Improvement In the demand from the rii'-
roads which repairing their rolling
stock.
New York.-Eight million dollars will be
expended by the New York. New Haven
and Hartford Railroad In improving the
service from New York to the Bronx. The
road will Issue S15.OOOOOO Of bonds
Alt"ona. Pa.-rwenty- -hve locomotives
are being built for the Pennsyivania Rail-
road Company at the JunIata shops.
Derby. Coun.-The New York, New Ha-
Tep and Hartford Railroad Company has
decided upon Important Improvements on
the Berkshire division at Derby.
Aemphfs. The projected railroad from
Clarksdale to Firms Point. In Mississippi,
Is Sald to be assured. estimated cost of con-
struction. $4,000 per mile.
:, Jefferson City.-Railrond oficials at JEFF
ferson City sny they are much encouraged
because Of the heavy Increase In business
within the past two weeks.
Fltchhurg.-A $7,OOO,OOO deal involving
the purchase of twenty different trolley
rnada In Ma >1A ~