The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1912-09-03
rRADE ACTIyITY Is GENERAL.

TRADE ACTIVITY Is GENERAL.
''There is worldwide activity in
trade" writes Henry Clews. the New
/ York banker, in his current week..
| financial review. Great Britain, Ger
many and France have all been enjoy
ing unparalleled activity and prosperi-
ty This extended to both home and
foreign trade In Germany there have
on several occasions been signs OF
oVer-st-ain, but timely precautions pre-
vented trouble and indications are Tor
a continuance of activity for some time
to come. In Great Britain commercial
activity has continued on record
brea king scale in spite of threatening
social and political changes. no serious
check has thus far developed, and
Great Britain is looking forward TO
another season of profitable activity IN
her widely scattered enterprises. france
is beginning to recover from the set
hack induced by political radicallsrn-
Increased commercial activity Is not
confined to Europe. 1t extends INTO
Asia and India In fact the present
boom-for it is nothing less-is world
wide. being one of those great Tor
ward movements which come at regular
periods. and which are always stinula-
ted nv progress Of invention ana the
development Of means of communlca-
ton.
For the mast wear or two the United
states has hardly kept pace with the
march of world events. For this our
politicians and would be statesmen
must be held largely responsible. The
reckless and discriminating attacks
e-OJi Iof tod III.
rrcmoted more by the spirit or envy
and malice or a desire for poh1caI
notoriety than by a genuine wish TO
reform obvious abuses. have been main
w responsible for this arrest of com
merciaI progress in the United States-
Happily there are signs Of the aoate-
nent of this misguided and unfortun-
ate movement, although the end should
not be too confidently expected until
the character and policy of the next
congress is more fully determined. OF
one thing, however, the country is ter
ribly weary, and that is the making
of great business interests the football
of politics. This is quite as injurious
to the average voter and the average
la borer as to the owner of capital,
as will soon be more apparent if at
tacks for political purposes are not
made with better discretion. We have
had enough of neurotic politicians,
and it is time that Washington be-
came the seat of sane and sensible leg
islation instead of sensational politics:
"At last the United States appears
about ready to take its share of the
worlds commercial activity. One great
offset to political disturbances is the
bountiful harvest now prac
tically assured. This is the best d.
version from politics that could have
happened. In all parts of the country
merchants are preparing for active bus
mess this autumn. Factories are al
ready filed with orders to supply an
ticipated demands. The steel industry
shows greater activity than ever, and is
running close to full capacity at good
prices with big volume of orders still
in sight. The demand comes chiefly
from railroads and new building en-
terprises. Railroads are sure to be
heavy buyers for a long period ahead,
simply to satisfy imperative demands
for better equipment and better facili- |
ties at terminal points. This condi-
ton also will compel the railroads to
make large additional capital appIi- |
cations during the next few months |
How they will succeed, considering the |
high rates which new capital now de- |
mands remains to be seen"