Idaho Springs siftings., 1904-09-17

in the public mind by saying the coun-
try Is going to the bad; that great in
dustries are shutting down: that the
railways are retrenehing. instead Of i'm
proving roadbed aud equipment; that
nd ew factories are being consructed;
thin thousands OF working people are
idle and that Republican prosperity IS
q myth These statements are so pal
pably false or 50 greatly exaggerated
that intelligent persons are not uisled by
them. but there IS danger that when the
canards 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 deliber-
ately attempts TO create distrust in the
financial or commercial world is little
less than criminal. Some States have
punitory laws framed for the purpose
Of sending TO prison persons who circu-
late untruthfui runors about banks and
trust companies. IL the man who causes
a run a hank by spreading a false
report Is n criminal, is not the man or
newspaper that attempts to make politi-
cal capital by destroying public conf
dence also a criminal? And, by the same
reasoning. Is 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 10 Possible.
Suppose the Democratic party won
victory at the polls through destroying
confidence in commercial and industrial
circles, would the administration OF that
party have the confidence Of the peopley
Would not capital which is always timid
in the face OF uncertainty. begin 10 hide?
And when capital Is distrustfuI what
happens? Industries lag or close, trade
of the retail merchant falls off. the job
ber and wholesaler suffer. railway fraf-
fc diminishes. hundreds OF Thousands OF
wage earners are thrown out OF work,
distress beccmes general. soup houses
are opened and cities are compelled TO
begin charitable works for the idle.
10 political party that countennnces
tuDcreation OF distrust Is worthy of the
peoples confidence. Ii will be sorry
day for the country when the calamity
howlcrs succeed In reversing those bench
cent policies which the Republican party
has put into effect and which have re-
suited In an era of the greatest pros
pcrity any nation has ever known.
That Industries and business Of all
kinds continue to prosper there can be
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 Is ample evidence that prosper
Gus times are still with US. A glance nj
the newspapers. Democratic as well as
Republican. shows that millions OF dol
lars are being expended in building new
factories and enlarGinx old ones, in CON
strucing new trolley lines and iTnproy-
ing the roadbed and equipment OF steam
railways.
More persons are employed now than
ever before. As proof Of thus statement.
take. for instance, the railways. whose
trafic always Is a reflex OF business
conditions generally. The number OF en-
ployes on the pay rolls of the railways
in the United States on June 30. 1903.
was 1.3l2.537, or $50 per 100 miles of
line. These figures. compared with those
OF 1907. show an Increase OF L., ,222, or
IS per 100 miles of line.
A summary OF dispatches taken from
the Boston Evening Transcript, the
Iittsburg Dispatch and other reputabls
Owspa pers In the last Eve days is here
siXen:
Ostesrn and Electric Railways.
New York.-Two million Is the estimste
of the cost OF the steel rails wanted by
tne Grand Trunk Pacific sponsors for 1905 !
delivery.
Kansas Ci;y.-one million Collars is to
be spent by the Chicago. Burlington <
Quincy Railroad Company in the deve.op-
ment o. holdings In Clay County. Mo, op-
posite Kansas City.
Jackson. Miss.-Three hundred and hfiy
thousand collars will be spent by the Coast
ELECTRIC Railway In constructing a line |
frgsn p,,,sh aenders2n folnt TO Point cadst &
spend $4,000 In improving It's passenger
station at Baltimore; the wabash Pitts |
burg Terminal Is erecting $4,000 freight |
Aiamogordo. n M.-The Ell Paso &
Northwestern Railroad is bniidlng nifty resi- |
cences at AIanogordo for employees
Bufralo--Ten large locomotives have |
been added TO the rolling stock Of the Bos-
sinton. Tex.-work commenced on the |
81. Louls, Brownsville & Mexico Railroad, |
which is to extend through San Patricio |
MISUNDERSTANDING railroads are In
ereaslng their coal and cattle car supply. |
1000 gondolas and 20 refrigerator cars: |
the Wheeling 4 Lake Erie has ordered loo |
wooden and SO steel ears. the Piftsburg |
4 Lake Erie has put Into service 1000 new |
Burlington. yt.--At a cost of 5000. 900 the |
Central Vermont Railway will construct a |
branch line from Bethel to the newly de- |
veIcped granite quarries three miles from |
Bethel.
Bulaio.-The Lake Shore intends TO re-
sumo four-tracking the road from Buffalo 1
to Chicago
Wichita. Kan.-The Frisco Line Is recon |
structing Its track and roadbed between l
Wichita and Ellsworth. giving employment 1
t. several hundred iaborers.
Pittsburg.--The Union Switch and Sig |
nal Company reports that the new orders \
booked for August exceed any other month |
Of the year.
Chicago.-wessern railroads brought |
to Chicago last week 5.2s6.oO0 bushels Of /
grain. showing an increase CT more than |
100000 bushels over the grain tranie In
NTew York.-The manufacturers Of ma /
eSohs tools report that there II 4 decided |
inprevement In the demand from the rail- |