Las Vegas daily optic. [volume] (Las Vegas, N.M.) 1880-1908, 1906-07-07
M c.a~-s soeseAm

Bexn cs~ss srsss = Hznsss ~
s4r4iss a. ns1seaai Eas1sts~
In fs3ss q ~ sriss 81 pruuas-
ND ssasi,t.s 4 rearrsi ts.s.es -
81 - I sssasfscusy ersV eusseeA-
tA~ sas<S sasssss srnsaea - -
uss ss<ilsss ssnHg - 500 -
sh<~.4 Legislative 49, - exsas.
rrsap<sS ~ unsatisfactory nesslAs5
cpndissss saa IN ssssspt s6shax u
sxx<ss ~ .ssss tiKs go a. = ~
sr.i sxsk NJ psosaiEszs hol1ers ns
decline SIS sesenfssfet W ths l3eeSd-
stAxs a. sgxcmisfiu seacMsfs exms1sg
. n1.ss o. les Unsettled ice ia he
xener.t m2rxei Little aftestto3 80
r~sa ~ record hEeskins Jals diabau~-
me1is. shlct are usually d<prnaed
nIcn ~ ssiffsa sslses and indarr IN
ias-<insns demsnd % mase o. L=ss
-Imrcrtsses. Al M usemWt ~ il.
ssstmsat demand i inainsSeal ckkrf'
u because sLresa bsyers coast1~r
that prices have been tan high and
fAsf. d sAs 81 the ssfio>1 <DnBte6.
ias inflassess. There msy ~ oppor.
tnniis ~ nap sesa~ the prss<sf ieisi,
Thsts u consequently lsRs coafld}50k
IN lha unaertsne n The markst than
fof several nsonihs. /. u frs~ prices
eos shcw ~ considerable shrinkaxe
from receni hIgh records Nesefthe.
iss1. larss operators are mo- suiiish
IN their Views. and, having parted
-lfh i considerable iine ~ stocks.
af. npt llkely 70 rrenter Inc market
until . satisfactory decline Il forth
ceminT. Another element working
for loser prices 4 Inc attitude of
banking Interests. Tia I,ess banking
opinioa leans strcnsiy towards a Tar.
fhcr contraction IL loal.s. q ctsser
scrutiny nc collateral and the
strengthening u reserves. Credit has
tsrcn greatly expanded Tor months
pasl. and prudence p dictates
grcater care and discrimination In
thu msking of loans. Il II better 20
Do this while general conditions are
GOOD lhan u wait for more pronoun.
I'D feactlonars tendencies.
The presidents policy viii fempor.
aIily bc used w market operators Ms
q prcience Cor bearish operations;
but III the long run the railroads and
I'll other corporations are likely 10 be
benefited BY the abolishinE N rebates
and other abuses which II II tho prcsI
dents determined purpose 10 accom-.
plish A stoppase of rebates and mi
forms Of graft on the railroads viii
certainly ID the end inure ia the t,ene.
nt q The stockholders. A riKid IN.
spectlon u meat products. and the
prevention Of adulteraticn In all food
products, though temporarily annoy.
Ing and perhaps inconsenicnt 10 many
manufacturers. will also In the long
run prove highly beneficial: inasmuch
- Il Will raise the standard and rep.
utatIon Of American products. giving
them . higher standing III the foreign
markets than they have ever before
held. That alone should materially
stimulate our exports and demonstrate
the wisdom Of President RooseveIt.s
present aggressive tactics. The prcsi.
dent may be temporarily unpopular IN
financial circles: but every mAa de.
voted ~ sound and clean business
methods Will some day thank him for
the courageous stand which ne has
taken and the valuable service thus
rendered the country. Tho political
outlook. which for several years has
been growing more threatening. viii
BE- material, cleared and improved By
Mr.. Rooseyelfs recent successes,
Much Or the public and political dis.
content 4 based upon the very evils
which be has most xeaiously STACKED.
and the partial remedies which he
has nnanestionahly secured win de.
rriye the radicals IL much u their
political thunder and encourage more
40. gsi. $500.
rational treatment OF these problems
than II left to SETTLE themselves
amidst tho clamor, prejudicc and CT.
cIfemonf ~ 4 nraSfaontl.t