The Lakeland evening telegram. (Lakeland, Fla.) 1911-1922, 1912-07-23
COUNTRY WAS NEVER ON
MORE PROSPEROUS BASIS

| ITOul hIcAdHucT q w., d pTOIulHcu'
Wall street financial concern, which
expresses a most optimistic view Of
conditions affecting the country's
prosperity. The letter says in part:
I'm our previous letters We have
called attention many times to the
fact that fundamental conditions
we're right for a decided improve
ment in business conditions provided
both crops and politics resulted fav-
orably.
with regard to crops. the esti-
mates in the Government monthly
crop report was one of the most ir.
portant events of the week. The ne.
result of these estimates is prOph-
e"y fO.' the time being for a total
wheat crop of CPS. 100000 bush IS.
against last years harvest Of 52l,~
100000 bushels. corn crop Of p
Sl1 100000 bushels or 100, 900, 900
bushels more than that gathered in
1911, this being the result of an in
crease of 10000 acres in the area
planted to this grain in the present
year. and an oats crop also consider
ably in excess of the last harvest.
| The data on which these various re-
ports were compiled We're taken on
tho first of the month, or just pre-
v!Ous to the time when heavy rain
| fall set in all over the west and the
general agricultural situation, eX.
perienced such decided Improvement,
which has since steadily continued.
The government also issued the July
cotton report on July 3, showing the
condition of SO.4 compared with the
tcn-year average of S0.7 and an
al reagc of 34,O6?,0G0 acres, de.
crease of 1per cent from last years
record crop of $500 900 bales, and
indicates for this years crop from
1866 900 to l4,o50, 900 bales, or in
other words. the largest crop on rec
ord with the exception of the phe-
nOmenal l9ll crop Hence the agri-
cultural prospect for last week, al
ready excellent, was made stronger
and brighter still, and some pretty
bad news will be required to impair
it,
with regard TO politics, one of
the factors referred to above, with
the long waited for nominations out
Of the way, the influence of politics
is becoming less of a factor in mar
kct values, at least for the time be-
ing, and If the many public and pri-
yatc expressions of opinion are any
guide to the truth, and they prob
ably are, the result at both the re-
cent political nominating convcn-
tions were received by the varied in
tcrcsts OF the country with salisfac-
ton and reinsurance. The candi-
dates named are both of them men
of high character, and of unqucs-
toned patriotism, and are sincerely
DESTROYS OF the prosperity of the
country.
"Undoubtcdly the majority of
people in the financial community
proper would have preferred. other
things being equal. that Governor
Harmon or Mr.. Underwood should
have been chosen at Baltimore; but
the proceedings at Baltimore were
hardly under way when il became
clear that these other things We're
not equal, and that the nomination
OF either of the two gentlemen would
have produced Il break in the Demo
cratic ranks, which would reinforce
the Roosevelt movement and unscttlc
matters generally. AS affairs have
turned out they stand in the best
fossiblc shape.
The platform upon which Gov
ernor Wilson is running contains
nothing revolutionary. shocking or
even novel. and whatever may be-
said of its general spirit. its specific
recommendations differ notably in
only 4 few particulars from the pro-
Srcssiyc Republican platform itself. In
! deed, it is difficult t. see just what
the ISSUE is upon which the two par
ties have Joined unless it is the
tariff; but every one knows that upon
the tariff the underlying sentiment
al thrcc-quartcrs of the memberships
of the Democratic and Republican
parties is the same Both parties are
in favor of reduction of the tariff
duties. but not so rs TO hurt legiti-
mate industry, and above all not So
as to hurt the industries in the home
section OF any member of Congress.
II is fair 10 say that never before ut
this stage in Il presidential year has
there been smaller ground for nm
easiness as 10 the effect OF the cam