White Pine news weekly mining review. [volume] (East Ely, Nev.) 1910-1920, 1914-06-21
ANTITRUST LEGISLATION
WILL BE. CONTINUED

sons statement that the growing
business depression throughout the
country Is merely a psychological
condition" and the frantic efforts of
the democratic press to bolster up a
state of affairs hat Is rapidly get
ting no better. the professor-presi-
dent remains steadfast in his deter
mination to make a bad matter
worse. The Antitrust legislation"
is to be pushed to the limit, and to
blazes with anything else and a piffle
as to whatever the results. Petitions,
p1eadings and hot weather make no
difference on the square-jawed mind
OF the idealist theorist who is prod
ding congress to do its worst and
is impatient of anything threaten
ing delay or Interference with his
cherished views. And in the can
time the daily record grows of money
tightness. business stagnation. fail
ures short time in mills and shops
and curtailment of payrolls. 1t is
the same old story of democratic
times 1t has been a little slower
than usual in developing as at first
business was inclined to take the
view that the president would be
open to reason and that his reform
ideas for the correction of certain
alleged evils and abuses would be
temperate in their execution.
But these fond hopes have all gone
a-glimmering and business is making
a break for the cyclone cellar until
the Wilson propaganda has blown
over 1t is tough on business because
business had much rather be up and
hustling than stagnating in idleness
and gloomy uncertainty. 1t is tough
on the business man who has to meet
overhead expenses and pay rolls. II
is tough on the workman who has
q family to support and suddenly
tough all around. but the president
sees 1t not. His classic mind scars
in the clouds of idealistic attainment
and he offers the high-sounding
psychological comfort to the wor-
rying and harrassed millions of his
countrymen.
The outlook Is not encouraging
and although optimism is always far
preferable to pessimism, the first
glimmer of renewed hope and re-
turning prosperity will not be until
after the election of a republican
congress in November. And even
then 1t will take some time to undo
the destructive work of the present
administration and put things back
on a basis of confidence and pros
perity. That this is the only remedy
TO help a country becoming serious
ly sick in a business sense. Is indicat-
ed by the change of sentiment thru
cut the several states as reflected by
the editorial utteranees of financial
and trade journals that formerly
championed Mr.. Wilson. Mild sur
prise at the professors bone-head-
ed persissency has been followed b.
incredulity and finally open revolt
and condemnation as to the folly of
his course.
All of which is working to a final
and definite conclusion as II is tend
ing TO the reuniting of the republic
an party to pull together again in 9
common cause and for the common
welfare. But for the dissenslon of
two years ago the disastrous ripping
to pieces of things generally could
not have beer brought about. 1t may
be that the president also sees il in
this light. and knowing that he was
landed in his high position as the re-
suit of a family quarrel and know
ing for a certainty that in the natural
course Of events he and his congress
sional cohorts will again be relegated
to the background, he is taking full
advantage of the unusual opportun-
ity to go the limit and play his theo-
ries to the last turn of the wheel
eve though business goes broke
and good times give way to bad.
In following this somewhat gloomy
line of reflection 1t is well to look
on Ely district as better situated
than some other parts of the country
to Withstand a prolonged period of
business depression. While new de-
velopment will no doubt be delayed
il Is not likely much curtailment will
obtain in the present copper mining
and manufacturing industries that
supply the red blood of life to the
district and make it in a sense self
sustaining. There is considerable re-
assurance in this knowledge. and