The Calhoun chronicle. [volume] (Grantsville, W. Va.) 1883-1984, 1912-03-05
WASHINGTON LETTER.
BY c. II. Tavennsr.

ing done by the railroads, ,tee
mills, manufacturers and banks
OF the country at the prD7ent
time Is considerably in advance
of that Of year ago.
And business men in general
are preparing for improven ents
and extensions. Financial ar
engagements have recently been
made by several railroads for
raising 800, 100000 to be usei in
extensions. The Erie railroad
plans to expend $10,000,OO0 in
the next ten years for complete
ing the undertaking of its
main line between New York
and Chicago. The Atchinson is
raising $4,000, 900 for new work
AID equipment, and other com
panies are preparing to put
smaller amounts into improve
ments.
This after a Democratic house
has been at work a year, and on
the eve of Democratic presiden-
tial victory, does not look as if
business interests were standing
still, or had any fear Of a Demo
cratic president. AS matter of
fact, the business men of the
country know that Democratic
administration would not harm
any legitimate industry. The
leaders Of the Democratic house
have proven themselves as safe
and sane business men as any
Republican leaders ever were.
The gross earnings Of the rail
rods for the first week Of Feb
luary were 9.8l per cent better
than a year ago. For the fou tn
week cf January the reports
from forty-four roads indicate a
gain over last year of 1927 per
cent. Reports for December
show an increase of net earnings
over December, 1910, of no less
than 1888 per cent.
Bank cleanings last week were
better than a year ago.
Foreign trade in January was
very large. The exports exceed
ed those of any preceding ,;n-
uary except in 1903. and the i'm
ports were larger than for any
preceding month with a single
exception.
In ether words, the prediction
forecast of the standpat rep, BIZ
cans to the end that the stal ma
ton Of business would immedi-
ately follow the election of a
Democratic House, are not being
fulfilled. While it is true hat
some of the illegal trusts which
have been throttling competi ion
a1d boosting the prices of the
neeesoaries Of life are rot pal'tic-
ulariy enamored with Democl attic
procedure. legitimate business
understand thoroughly tina it
has nothing to fear from Demo
crat c ascendency. and welco mes
it.
LAFOLLETTE NOT DITCHED
There has been in existen e a
general conspiracy all over the
east seeking 10 make the pc pile
Of the country believe that S ma
tor LaFolleltc Is out Of the ace
for the nomination for Presid mt.
The conspiracy was pretty Ia 'ge-
~ successful. because many leo-
pie believe LaFo'lette has cult.
Senator LaFollette is not hat
kind. however. He Will go down
fighting, il necessary. but he
will not run Up the white flag
The following extracts II a
telegram sent by Senator La
Toilette personally 20 North Da-
kota Republicans shows wi ere
tn Wisconsin senator stands on
the subject Of laying down
The report that have v ith-
drawn as q candidate iB false
and the statements regar ling
my health are gross misrerrt sem
tationg. They are a part OF the
pressure brought TO bear to Z ,rce
me from the contest. which
willingly undertook at a lime
when 10 one else could be In.
duccd to make the fight.
II want delegates who are
ready to win, or lose il need be.
in the interest OF a great q use.