The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1912-09-25
(s|Izf6ill)
The 1halhilIler
Quick Stamping and |
Designing Department
Is now open and ready to ex-
ecute all orders that we may be
favored with. Our expert de-
signer in charge of this depart
ment will be glad to furnish
special designs of any. desired
kind.

In this country - fundamentally
sound. The people have been saving
for several years; crops are magnin-
cent: business has been and II ex-
panding slowly and cautiously; prices.
which were too low. have been RISING
gradually and are stiIl rising: there
fore, / think that the railroad satua-
ton Is sound and in the main favor
able.
I'm the next twelve months the raj.
roads will have all the business they
can possibly handle. They VIII have
increased gross earnings. they are
managing their business more econo-
mically and are gradually. but sure.
ly. increasing their net earnings: IL
Is true that rates ere low. but there
are vast economies which can BE- put
into effect in the handling OF bust
| ness. TIE prompter delivery OF goods
better terminals and greater co-opefa.
| ton on the part Of emplooes ana
shippers will all produce better &C.
| CULTS
This fall 1t seems to be- foregone
conclusion that the railroads VIII nave
more business forced upon them tn.n
thew will have cars and engines 70
transport. The knowledge ana e4pee
! tation Of this causes the RAILROADS "
\
large scale, and this In turn 10 caus-
ing a boom in the iron and steel busi.
ness. This boom 10 greatly assisteo
hy the good prices which farmers are
obtaining for the products OF tne sou
These prices enable them 70 MAKE In
a.twnrts ON an Increased scale III
| . sr,ruItnrAl machinery. steel WIRE au-
| ta,robiles and all kinds OF supplies.
/ 1-ne textile business 10 In SOUND con-
dition ana expanding every Gay
..rh. leather business IL GOOD. the
| wool busipess 10 good. the snlppns
| business 10 booming ana Will
| 40 increase, probably. until the
anna Canal 10 open for transpo.lA
| ron the other hAnd. pessims~
first we are going to have ush'
.nnsv second. we are going to have
| Ia or troubles and higher cost OF
Iahor Third, the high cost OF living
hangs like a pail over the whole com
try.
o.estion Of Labor.
.r5,~h.y interest rates II they come.
viii be caused by = sound ana iesiu-
mata expapsion Of business ana oy
the necessity Of transporting to mar
ket the biggest crops the country mas
ever produced. Higher rates TOT
money .sways accompany . great
expanskC Of business. but IT cannot
Be said that . Legitimate and sound
expansion of business and the nsces-
sity Of Transporting the greatest crops
ever produced In this country, are
bear argument.
with regard TO labor 1t II no now
thing, that the labor unions IN the
time Of prosperity should demand ana
obtain an increase Of wageA Aienef
wages are not in themselves. . bear
argument; they always accompany
pro.perity. Low wages can be pro-
duced only ~ q depression in bus
mess. Higher wages enable the
laborer to purchase more goods. max
ing more money for the merchant the
farmer and the manufacturer. Hence
the effect Of higher wages 10 Increased
business The high cost Of living
n q condition We have always with M.
and IL that 70 to bring about . bear
market, we can never have . bun one.
High cost OF living IL an attendant
upon prosperity: low cost OF living
comes only with poor business, low
wages and tight money caused BY lack
OF confidence. II We have tight money
this fall. having the most magnih-
sent crops ever made to export We
shall bring In gold from Europe to
supply the demand.
Taft and Wllsoa o. e.
AS to the political situation, which
10 a common argument to brighten
timid people. there 10 nothing In II 10
Tar - can b now seen. to indicate
that We shall have other than . safe
Precedent. The country 10 not afraid
Of either Mr.. TAFT or Mr.. Wilson. Mr..
Wilson - q man Of oonoeSvative and
sound education. well verseA in the
principals sef Political economy, and
Il II not to be apprehended that he
viii endeavor to bring about any con-
ditioa Of Affairs which VIII be pee5u-
dicial to the Interests Of the country.
Mr.. TAFT has been thoroughly tried
and the country has confaencs IN his
honesty. Sagaeity and his Good Judg-
ment II - not possibls that NJ.
Roosevelt can be elected this year
The worst that can happen - that
he should get enough electoral votes
70 prevent either yfr. Taft or NJ. VIII
son from gettipg - majority and.
thereby. tArowiAx the election into
Congress. II such Q thing % this
should happen. We nay eon0densIy
expect that Congress VIII elect Q SOUND
and conservative man a. the head
Of the government