The Teton peak., 1904-09-15

h the pubic mind by saying the coun-
Try Is going to the bad; that great In
dustries are shutting down; that the
railways are retrencaAng. 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 10
. myth. These statements are % pad
paby false OK % greatly exaggerated
that intelligent persons are not misled by
them, but there 10 danger that when the
canards are reiterated by ths calamity
howlees 4 few people who do not keep
closely m touch with Industrial and COM
mercial conditions may BE- led to believe
them.
Any man or newspaper that deAber-
Ately attempts 10 create 0strust In the
financial or commercial world IL little
less than criminal Some States have
punitory laws framed for the purpose
Of sending TO prison persons who circu-
Iate untruuhful rumors about banks and
trust companies. II the man who causes
q run on q bank By spreading a false
report 10 . criminal, Is not the man or
newspa per that attempts 10 make politi-
cal capital by destroying public conf
dence also a criminal? And, by the same
reasoning, h 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 10 Possible.
Suppose the Democratic party won a
victory at the polls through destroying
confidence In commercial and industrial
circles, would the administration of that
m ~ hov NhA 80 thn ,1c2
Would not capital, which 10 always timid
tn 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
ber and wholesaler suffer, railway traf-
dc diminishes, hundreds Of thousands of
wage earners are thrown out of work,
distress becomes general, coup 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 benefl-
cent policies which the Republican party
has put into effect and which have re-
suited in an era of the greatest pros
R02ity aHy llOu utS ever knOWu.
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 il ample evidence that prosper
Gus times are sill with us. A glance at
the newspapers, Democratic as well as
Republican. shows that millions of dol
Ars are being expended in building new
factories and enlarging old ones, in con-
structing new trolley lines and improv-
ing the roadbed and equipment of steam
railways.
More persons are employed now tha n
svsr before. As proof Of this statement.
Ake, for instance, the railways, whose
trafiic always Is 4 reflex Of business
sonditions generally. The number of en-
pIoyes on the pay rolls Of the railways
n the United States on June 80, 1903.
was 1,312,537, or 639 per 100 miles of
uns. These figures, compared with those
81 1902, show an increase Of 123, ,222 or
- per 100 miles Of line.
4 summary Of dispatches taken from
Os Boston Evening Transcript, the
Pss>sburs Dispatch and other reputable
aewspapsrs In the last Eve days IL here
Gvsn:
Steam and Electric Railwavs.
New Yerk.-Two millien 10 the estima te
q the cest Of the steel rails wanted bv
~ Grand Trunk Pacific sponsors for 1905
Kansas City.-One million dollars 10 to
= spent by the Chicaro, Burlington L
Quincy Railroad Company In the develop
pesite Kansas City.
Jackson, Miss.-Three hundred and fifty
thousand dollars will be spent by the Coast
from Henderson Point to Point Cadet
Pittsburg.-The Baltimore Ohio will
spend $500 600 in improving It's passenger
burg Terminal Is erecting a sT5OoO freiyh,
Xlamogordo. n M.-rhe Fl raso 4
rrorthwestern Railroad is building nifty resi-
oences at Alamogordo for employees
bunalo.Ten large locomotives have
been added to the rolling stork OF the Bos
zen Maine Railroad equipment
binton, Tex.-Work commenced on th.
oI Louis, brownsville 4 Mexico r ilroad
Cnich is to extend through San Patrlcie
Pittsburg. rg.-Pittsburg railroads are In
Sreaslng their coal and cattle car supply
The Baltimore Ohio is In the market 10,
,OO0 gsndolas and $50 refrigerator cars
me wheeling Lake Erie has ordered la.
wooden and 500 steel cars; the Pittsburs
Z Lake Erie has put into service 1000 new
steel cars ' ~
Burlington. vt.--At a cost of 5000 o,o IN
Central Vermont Railway will coiistr,n, ,
branch line from Bethel to the newly de.
xeloped granite quarries three miles frou
Bethel. ''"''
Bunalo.-The Lake Shore intends 10 70
eume four-tracking the road from Burra,,
to Chicago
Wichita. Kan.-The Frisco Line Is recon
etructtng its track and roldbed aetwe,,
Wichita and Ellsworth. ri ing eml loymeu
to several hundred lahorers
Pittsburg.-The Union Switch and 81.
nal Company reports that the new ordrr
booked for August exceed any other moai.
Of the year
Chicago.-western railroads brousil
70 Chicago last week 5.205.s bushels ~
grain, showing an Increase # more thai
1,OOO.OOO bushels over the .t..lu traffic n
the corresponding week last var
New York.-The manrfa.i rers of M.
cnine tools report that thrr, is decide,
improvement In the demand from the raj
stock.
New Xerk.-Eight million dollars will b,