The Lynden tribune. [volume] (Lynden, Wash.) 1908-current, 1912-11-14
No Cause for Alarm.

Ocratic president. 1919 Is eApcc'eu
to be a record breaker in CONNER
cial and industrial advancement.
The democratic idea on the tariff
is what has frightened business
heretofore. The democratic plank
on that question, written at Balti-
more by w. J. Bryan. differs none
from what has been it's attitude I'M
the past when the cry OF the oppo-
sition that workingmen would find
their dinner pals empty if they al
lowed democrats to win, had po-
tent influence. Why is such poll
cy not as dangerous now? The an
swer might be hard to give. yet Il
mains true that no one is fright
ened.
e..
On the money question. the sec
ond big issue of all presidential e.
lections for a generation, the three
most promising parties did not Sc.
riously disagree. The democrats
ana the progressives agreed in de-
uiunciur the Aldrici, currency
scheme and the republicans were ST.
lent ON it.
One of the most gratifying feat
ures of present business conditions
is that general trade all over the
country, although active, is being
conducted along conservative lines
.Iarked improvement is noted in
nearly every direction, but there Is
a total absence of anything in the
nature of a boom. The speculative
clement is not allowed to cut much
figure in the situation and there Is
IL, disposition manifested in any
quarter to take undue risks.
The prevailing idea among the
est judges of the situation is that
if present conservative methods are
continued the commercial world
will enter upon a period of prosper
ity the length of which will depend
entirely upon the frugality and
thrift of the people themselves.
There is no reason, other than a
defective currency system, why ther
should not be ample funds for car
rving on legitimate business at all
times. The fact that money invari-
ally becomes scarce about the time
the crops are marketed testifies to
ii outgrOwn monetary system that
fnanciers and statesmen are now
[ wing to correct, and which with
out question will be corrected with
out much further delay.
The reviewer for the National
L. af too moth
lag to be frightened at, either on
the business or political horizon
The reviewer is certain of one thing:
There is bound to be broad guage
effort to reform the currency sys-
tenn so that borrowers, large and
small. will have a better market in
which to hunt. This is what he
says:
with general business as good
as it is today, there is less in the
situation than usual for business, mel
TO become disturbed over and SO
tar. there has nothing developed to
indicate that the complications in
business affairs which were so gen.
orally feared earlier in the year,
will be realized.
"In this respect many shrewd
judges who some time ago were
predicting a serious fall in security
values and general interruption
Of business because of the campaign
excitement were mistaken in their
predictions. 1t must be remember.
ed that the benefits of great har-
vest constitute an UNNECESSARILY
greater factor in the business situa-
ton than do the vicissitudes of a
presidential campaign, even when
the contest is marked by such SEN
sational developments as attended
this years struggle for the ppresi-
Cency. This fact is unquestionably
at the bottom of things today and
explains why there has been so
much less disturbance than usual
in either business or stock market
affairs. Business men generally are
actually too busy to waste their
time in fretting over what has hap
pened, and this is a good condition
of affairs
General business throughout the
west shows steady expansion and
within the last month there has
been notable Improvement in SEN
timent. In sections where a few
weeks ago there was tagging trade
ere has been definite revival so
that now conditions show a decid-
ed improvement. The showing of
rank exchanges is suggestive, with
large gains over the weekly to-
tails reported at this time last
year. All this had induced larger
borrowings by the merchants and
the indications are that in the near
future there will be a very much
broader inquiry for money from
mercantile sources generally
While much has been said about
the holding back of various I'M
dertakings because of the uncer-
tainties incident to the presidential
campaign. the fact is that politics
as played very little part this
year in restricting business and
is having now only slight Influence
at the important interior centers.
"The industrial corporations as
we'll as the small merchants are
handling a great deal more business