Milford chronicle., 1904-09-16

in the public mind by saying the coun
try is going TO the bad that great in
dnstnes are shutting down; that the
railways are retrenching, instead OF i'm
proving rOadbed and equipment; thai
no new factories are being constructed
that thousands Of working people are
idle and that Republican prosperity is
a myth. These statements are so pal
pably false or 20 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 deliber-
ately attempts to create distrust in the
financial or commercial world is little
less than criminal. Some States have
punit0ry 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
a 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? And, 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 timd
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-
&c 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. 1t will be a sorry
day for the country when the calamity
hOwlers succeed in reversing those benen-
cent policies which the Republican party
has put into effect and which have re-
suited in an era Of the greatest pros
peTity 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 newspapers, Democratic as well as |
Republican. shows that millions Of dol |
lars are being expended in building new /
factories and enlarging old ones. in con-
structing new trolley lines and improv- |
ing the r0Rdbed 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 639 per 100 miles Of
line These figures, compared with those
of 1902. show an increase of 123, ,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
OF the cost Of the steel rails wanted by
the Grand Trunk Pacific sponsors for 1905
delivery.
Kansas Clty-One million dollars is to
be spent by the Chicago, Burlington &
Quincy Railroad Company IN the develop
ment q holdings in Clay County, No, op-
posite Kansas City.
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 $4,000 In improving its passenger
station at Baltimore; the Wabash Pitts
burg Terminal is erecting a $4,000 freight
Aiamogordo. n. M-The I'll Paso
Northwestern Railroad is building hfty resi-
denees at Alamogordo for employees
Bunalo.-Ten large locomotives have
been added 70 the rolling stock Of the Bos- 4
ton & Maine Railroad equipment.
Siuton, TeX.-WOrk commenced on the |
81. Louis, Brownsville & Mexico Railroad.
which Is to extend through San Patricio
County.
Pittsburs -Pittsburg railroads are in
creasing their coal and cattle car supply.
900 gondolas and go refrigerator cars:
the Wheeling & Lake Erie has ordered ]. 600
wooden and 500 steel cars; the Pittsburg
4 Lake Erie has put into service 1000 new
steel cars.
Burlington. vt.-At a cost Of $500. 600 the
Central Vermont Railway will construct a
branch line from Bethel 10 the newly de-
yeloped granite quarries three miles from
Bethel.
Bunslo.-The Lake shore Intends to re-
snme four-tracking the road from Bunalo
to Chicago.
wichita, Kan.-The Frisco Line is recon
structinR its track and roadbed between
Wichita and Ellsworth, giving employment
to several hundred laborerE.
PittsburR.-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
10 Chicago last week 520J, 900 bushels OF
grain, showing an increase Of more than
100000 bushels over the grain trafic in
The corresponding week last year
New York--The manufacturers Of ma
,hine tools report that there is a decided
improvement in the demand from the rail-
'oads which are repairing their rolling
New York.-Eight million dollars viii be