The Birmingham age-herald., 1912-11-10
Newspaper Men and Other Friends Sorry to Hear of
 Uncle Joe's Tumble
BUSINESS MEN ARE
 NOT AT ALL SCARED
Stock Market Has Been Buoyant and Conditions Generally Have Been Far From Reflecting Feefs-~
 ing of Pessimism
By c. E. sTEwXRT


 Tho result of the election has brought with 1t renewed gossip about the personnel of the cabinet which is to be selected by President-elect Wilson to aid him in the administration of his high office. In in- side democratic circles it is said that the portfolio of the department of state vii. be offered to William J. Bryan, but opinion is divided as to whether the Ne braskan will accept it or not.
 William F. MeCombs, the Warwick" of the campaign, will be rendered ahe attorney generalship, according to this gossip, but it is not believed that MT. MeCombs will take it. and the probable selection in case he does not will be Louis Brandeis.
 Josepheus Daniels of North Carolina will probably oe postmaster general. He has been one of the generals, of the Wilson campaign from the very first and stands high in the estimation of the President elect
 Representative Albert s. Burleson of Texas will probably be appointed Secre- tary of the Interior, 1t is said. He insists that he has no cabinet aspirations-but that's what they all say-and no doubt he could be persuaded to accept the ap- po:ctment. He has been a tower of strength in the campaign.
 Henry c. Morganthau of New York, treasurer of the democratic committee, will in all probability be offered the port folio of Secretary of the Treasury. MT. Morganthau came to the relief of the na- tional committee in one of it's hours of distress and loaned them s4o,OOO. This money, of course, was returned to him, but it came m mighty handy. He was a success as treasurer and succeeded in financing the campaign to a successful conclusion on a small general contribu- ton.
 Business Men Not Scared
 The business interests of the country gave answer to the calamity howlers by reflection in the stock market in New York the morning after the election. Stocks advanced and all over the country there appeared to be very optimistic view of business conditions, not only for the immediate future but indefinitely. The beet Judgment in >high financial circles seems to be that the country is too big anyway to be effected in business way by the "scareheads' that the adminstra- tioIrand it's supporters tried to throw into the public in it's endeavor to frighten business men to the support of the re- publican ticket
 The business men of Washington do not take a pessimistic view of the situation, on the contrary they profess the greatest faith in Governor Wilson and the demo- cratic party and believe that nothing will be done to upset legitimate business conditions, and that the tariff question will be handled carefully and with pure patriotic motives and plenty of time given for the adjustment of business to any new conditions and changes in the tariff laws They all admit that there is need of tariff revision, as the republican party itself one time admitted and they believe that after these changes are once wrought the country will be better off and the masses of people greatly benefited.
 As the sun continues to shine, and the rains to fall-and no other unusual dis turbances have occurredAthose few old time republicans who are firmly fixed in the belief that something awful will sure
 y happen and that famine and starvation is only a few days off, have become bit encouraged and are slowly coming out into the sunlight once more.
 OUH1e MdtteIS OI heRreC
 One matter of very great regret in Washington, particularly among the news paper men and other aequaintances ano friends, is the defeat of Uncle Joe Can. non Uncle Joe has been coming tc Congress for IS terms, and really the House of Representatives without Uncle Joe will not seem the same. It was g great blow to the old statesman's friends here to learn of his defeat. Another erownins disappointment to the republic. ans is. that it seems that they have lost the lone persimmon on the Indiana congressional tree, Judge Crumpacker The poor old Washington Times, Nun. seys bull moose organ, which knows bul one tune, cannot take the defeat of it's ido gracefully. though it has tried hard to dc so. It must come forward with a big ;cock and bulr' story about discorc in democratic ranks, and it foresees big division in The party in power which vii throw legislation and the government ir chaotic conditionf It declares that Roose- welt and the progressive party will win the election in 1916, after four years ol unsuccessful control of the government by the democrats.
 or course, all the talk about cabinet appointments is mere speculation, and ev- erybody is naming cabinets now except Governor Wilson, who will do the real naming of, them. Governor Wilson, it Is known. has made no promises to any one except the people. All the cabinet talk is guess work The latest, however, to be mentioned for cabinet honors, is Senator LaFollette, and he, because GovernI Wilson said m a speech something com plimentary about that ''stout little figure ill American politics-Bob Lar ollette.'