Daily capital journal. (Salem, Oregon) 1903-1919, 1912-11-14

Review of
the Week
HENRY CLEWS & co., NEW YORK
BANKERS, LOOK UPON WILSON'S
ELECTION As AIDING IN SOLU.
TION or TROUBLESOME PROB.
LENS.

New York Nov. 9,-The election Is
over and with It an important element
Of uncertainty disappears, The over
wbelming victory Of Mr. Wilson, due
largely to division Of his opponents,
emphasizes the coming Of new era
and the entry into business affairs Of
important new political issues, the So
luton Of which, If wisely handled, will
largely solve present discomfort That
any radical departures are impending
seems highly improbable. Mr. Wilson
is an eyolutionist, not a reyolutionist
His party Is likely to be promptly de
yded into radical and conservative
camps, with an influential Republican
minority capable Of throwing it weight
on either side, so that extreme action
will be difficult The great issues for
first treatment are the tariff and tho
trusts; the former having very pro-
nounced lead The emphatic charac-
ter of Democratic successes may has
ten larlIl IeslSIaIIoh ana PTecIPIO"Ue "
special session. though Mr.. Wilson Is
O'iIo'eu 10 prefer PoSVpoheiilenD VI
"clIon uiIIl 'ne TeBular "SSe"lDIy ol
the ne" congress u year hehee' III
oIuer tIat ne may nave opportunity 10
properly IalllIllaII@e hlIlSelI WIN MS
. new uulleS' liasly aclloh Is Oh course
undesirable, yet u may nave TO DC
I'ceu' ana the Steel COTTON ana WOOL
Ell 5cneuuleS VIII De lhe clllel oOJeclS
OF re'lSloh' II uhe plans OIL Ihe olu
DeIhocralc aflII leaders are 70 De
carried out as seems possible at lhis
"TII'hg Ater an mas oeeh Salu ana
uohe It Is not lIRely JIlal any serious
lhroau VIII De maze IN the larll De'
yohd hoderallhg Jhe extreme Sched-
uIeS' Ihe larlll Is no longer a SlrlcJ-
~ party ISSUE ana Ihe DelIlocraV'c
party no" lhcIuueS an ihhuehtlal pro-
lecuolliSI element "hlch "oulu JON
'ne hePuDHcahS III opposing eNlf''le
I"p"SuIeS' MI "IISoi' IhouEh W"
'"r''' auNoca'e' Is opPoSeu TO ra''''l
'""''E''' recognizing tl'e up"lSuoIl q
" ''o'e"' disturbance 10 eS'"o''Sp'u
''uuS''S' anu h"''"S "''e"uS au'ocaV'
u" " e'"uu"I 'e''Slo", ''''e'lue u''eS'
'''''S "'' "'ao '''''' uo""""ru cu'7 ID
I''eS' Ne'eruneleSS' ''e IacI lnaV '"r-
J" rn""BeS are 'I'penu'ns VIII DC uh'
S'l'''"B 10 certain INDUSTRIES ana no
''"'l can oo eAPe''eu unV'i uec'S''n Is
''o''eu
ou'S'ue ol 'n' 'e" INDUSTRIES ViI''''
~ "'p'""eut oh '"e ur'ii' Vhe Ia''
''"' '''e '''ouoh Is over Is illoSC en-
''u' "s'"S' ol'''e"l "sllol'on W."
''o" '"be'y SuoS'ue ana must run on
'"o'' '"lou"' INES Inc incentive 10
WI" 'olcS ny sensational l'elnouS Is
Ro"' lUu'ca''S''' mas received u pro-
"oU"''" ~ '''e'N' ana once more at tho
l''l''"' "'o''onI 'ne people OF the
"'''o states nave Sho"h mat they !
'on"oI Do 'nuUceu to follow eNtren-
nus no matter no" fascinating ana
p'o"S'olo ''''r 'neorles' Apart from |
'"' "''' question: lnere Is much IN
'oe erection 'noI should strengthen
Ine 'oni'o'n'e OF business men Tho
''S'o'n'- '-''''' Is u man OF hlgh char'
"''''' B'e''' au'''l' urn purpose ana
u'"'pe'o'o a'uon' mere Is nothing in
'' ''''''o" ln"' Us "N'F To inter-
'''' VIII" business acJi'Ily Ihat is !
"'''' 0'p'"ueuI "po" ''o stimulating
''''''' Oh l"e maEh'lclenI haNests
''"" upon any political activity or
po''l 'I'nouEn the present forward .
movement lh business viii unQues'
"'u""N run lS course more freely .
''0 ".o'' smoothly mo-" that the elec. |
N'n H % matter OF history All in. |
"'"""US point lo % period OF eNcep- /
'"n"' business activity which sooner
'' '"''' must be- reflected In higher +.
@''"''F markets. Monetary condi- /
V""S "r' improving ana the IRON and
''''' INDUSTRY continues on IFS rec. !
"'0-''''N'nE course. The business
''"'"' I'D England ana Germany show
NO Signs OF cessation and since our
I'''''ul 'ou0S'r'aI activity is partly