Watertown republican. [volume] (Watertown, Wis.) 1860-1906, 1904-09-14


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 retrenching, instead of i'm
proving roadbed and equipment; that
no new factories are being constructed;
that thousands of working people are
idle and that Republican prosperity is
a myth. These statements are SO pail
pably false or so greatly exaggerated
that intelligent persons are not misled 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 dehber-
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 untruthful rumors about banks and
trust companies. If the man who causes
run on a bank by spreading a false
report is a criminal, is not the man or
newspaper that attempts to make politi-
cal capital by destroying public conf
dence also a criminal? Ard, by the same
reasoning, is not the party that permits
or indorses the utterances Of the calam-
ity bowler and spreader Of false rumors
an enemy OF the law?
What Is Possible.
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
happens? 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 becomes general, soup houses
are opened and cities are compelled to
begin charitable works for the idle
No political party that countenances
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 bench
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.
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 at
the newspa pers, Democratic as well as
Republican, shows that millions Of dol
lars are being expended in building new
factories and charging old ones, in con-
structing new trolley lines and improv-
ing the roadbed 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-
ployes on the pay rolls Of the railways
IN the United States on June 80, 1903,
was 1,312,537, Or $50 per 100 miles of
line. These figures, compared with those
OF 1902, show an increase of 1913, 222, or
45 per 100 miles of line
A summary Of dispatches taken from
the Boston Evening Transcript, the
Pittsburg Dispatch and other reputable
newspapers in the last five days is here
given:
Steam and Electric Railways.
New York.-Two million is the estimate
cd
the Grand Trunk Pacific sponsors for 1905
delivery.
be spent by the Chicago, Burlington &
Quincy Railroad Company in the develop
ment Of holdings in Clay County, No. op-
posite Kansas City.
jackson. Miss.Three hundred and fftv
thousand dollars will be spent by the Coast
Electric Railway in constructing a line
from Henderson Point to Point Cadet.
Pittsburg.-The Baltimore & Ohio will
spend 100000 in improving it's passenger
station at Baltimore: the Wabash Pitts
burg Terminal is erecting a 900 freight
house at Pittsburg.
Alamogordo n M-The Ell Paso &
Northwestern Railroad is building fifty resi-
dences at Alamogordo for employees
Buffalo-Ten large locomotives have
been added to the rolling sock of the Bos-
ton & Maine Railroad equipment.
Sinton, Tex.-Work commenced on the
st. Louis, Brownsville & Mexico Railroad
which is to extend through San Patricio
County.
Pittsburg -Pittsburg railroads are in
creasing their coal and cattle. car supply
The Baltimore & Ohio is in the market for
1000 gondolas and $50 refrigerator cars:
the Wheeling & Lake Erie has ordered 1000
wooden and 500 steel ears; the Pittsburg
& Lake Erie has put into service 1000 new
steel cars.
Burlington, Vt.--At cost Of 5000 600 the
Central Vermont Railway will construct a
branch line from Bethel to the newly de-
veloped granite Quarries three miles from
Bethel.
Buffao-The Lake Shore intends to re-
sumo four-tracking the road from Buffalo
to Chicago.
Wichita, Kan.-The Frisco Line is recon
structing its track and roadbed between
Wichita and Ellsworth, giving employment
to several hundred laborers.
Pittsburg-The Union Switch and Sig
nal Company reports that the new orders
booked for August exceed any other month
of the year.
Chicago. Western railroads brought
to Chicago last week 5.205, 600 bushels of
grain showing an increase of more than
100000 bushels over the grain traffic in
the corresponding week last year
New York.-The manufacturers of ma
chine tools report that there is a decided
Improvement in the demand from the rail-
roads which are repairing their rolling
stock.
New York.-Eight million dollars will be