Bisbee daily review. [volume] (Bisbee, Ariz.) 1901-1971, 1908-11-19
REPORTS OF
REVIVAL ARE
MOSTLY TRUE
Boston Authority Estimates
That rs Per Cent of the
Prosperity Stories Are
Based on Fact.
Boston Commercially

II one-half the reports of renewals,
assumptions and new orders that
have been made public since the ma
tional election are confirmed by events
of the coming months, long advance
has been made within the past 10 days
toward a return TO business pros
perity that will be amazing by con-
trast with the lethargy of earlier
months Of the present year.
There seems to be little cause, how
ever, to discount the announcements
that have been made. At least there
is strong probability that much more
than one-half of them can be substan-
tiated. Presumably upward of 75 per
cent are genuine TIE details given IN
connection with these announcements
are circumstantial enough to be con-
yincing, and they come from so many
centres of industry that their import
ind their scope alike are equivalent to
a consensus of opinion, regarding
which there can be hardly any uncer-
tainty.
That opinion, expressed in actions
far more reassuring than words, is
TO the effect that legitimate enterpris-
es may now proceed along the path
that leads to rehabilitation without
fear of unwarranted interference ana
attack. 1t is quite generally agreed
now that the present administration is
not disposed to embarrass the incom-
ing one in the few remaining weeks
of ITS career. Any event of that sort
would be inadyertent, rather than pre-.
meditated, it is fair to assume, and
therefore would not be irremediable.
r.. TaNI .F
facturers in the November number of
American Industries, the Official pub
LEGATION of the organization, presents
statements from a large number OF
its members which indicate that con-
tinued improvement is noted by them.
Inasmuch as these interviews, as well
as a number which appeared in the
October issue, were mainly compiled
prior to the election, it will be worth
noting in subsequent months to what
extent their prophetic tons was justi-
fed. -.
Those manufacturers who were IN
easy over the possibility of tariff re-
vision by Democratic congress are
rejoicing over the fact that there will
be Republican majority of As in the
next house of representatives. The
presidentelect is pledged to advocacy
of tariff revision In his inaugural mes
sage, It is true, and to the calling of
a special session of the 61st congress
to consider the matter Immediately
upon his accession to the Office. But
there is less apprehension of radical
changes than would have been mani
tested if control of the house had not
been retained by the Republicans.
It must be admitted that free hides,
the greatest need of Massachusetts
and other states which foster the shoe
and leather industries, stand little
chance in the coming tariff reconstrue-
ton, but this state remained loyal to
the party, Notwithstanding its handi
cap in this respect.
To enumerate a mere fractional part
of the inquiries which have been con-
verified into orders during the past
week would require more space than
can be devoted to the subject in a
summary like this. 1t suffices to state
that by January next, according to es-
Inmates based upon the reports that
nave come to hand from various
sources, upward of half million men
in the United States who are now idle
will be again at work in the iron and
steel trades, the textile plants. the
construction industries and vast num-
Der of minor employments through
out the country One of the note
worthy features in the situation is
the revival of demand for holiday
goods Belated orders nave been re-
ceived by the jewelry establishments
of the Attleboros, for instance, which
force a number of them to adopt over
time working schedules, and many
workmen who have been idle or have
sought other occupations are return
ing. to these factories for re-employ-
-nents.
The clearing of the railroad outlook
is awaited with the greatest interest
Already there are indications Of hope
fulness In this direction. When tho
identification of large portions OF Sae-
big railroad systems Is resumed, as IT
is bound to be in due course Of time,
there will be a demand for equipment
which will use up large outputs of
iron. steel and copper. Electrical
street railway undertakings held in
allegiance during the past year VIII al
so make their impress upon the con-
suption OF similar products.
AS a whole, therefore, the changed
aspect Of industrial affairs more than
meets the expectations Of those who
anticipated a moderate revival of &C
tivity after the election. There 10
danger, Of course, of OVERRIDING the
boom. 1t will be discovered as time
goes by that the purchasing power Of
those long idle cannot be fully restor-
ed until depleted resources have been
replaced, by means Of labor and thrift,
until debts nave been paid, until q
sufficient period has elapsed TO ear
able the processes of recoupment to
accomplish tangible results There
may be reactions and setbacks, there
fore. after the frst fssh OF relief
from apprehension aas had its sTay.
but they will be only temporary, In all
probability, to be followed by furtheF
progress along Constructive lines un'
til full confidence and ample demand
for merchsrdise are fine governing
factors In the business World More
dti ends upon the atti>.1e OF the new
administration, too tain he prt'*l,'-c
tive president probably realizes. But
he is believed to be a man OF judlcai
temperament, and the American peo
pie are banking heavily upon tnat Pc
lief just at present,