East Oregonian : E.O. (Pendleton, OR) 1888-current, 1915-01-19

A SUBJECT o. kitaAtA AAAAiNA t1iANN
even than the subject Of legislative
economy is that Of imposing taxes
only where taxes should be imposed.
New York Herald. We not only
have peace but all the basic elements
Of great prosperity.
Prosperity's In the harvest just
Basic Elements. reaped ten billions
OF dollars were ad-
ded to the country's wealth. and with
population Of 1OO.OOO.O 900 the revival
Of confidence and enterprise which IS
now In sight is all that is needed TO
start every wheel turning.
New York Press: Roseate hues
this morning edge the dark and for
bidding clouds that hung low over the
world Of business and industry last
year. Keenly practical men. with a
vision not distorted by mere hope for
better things. see the clouds lifting
and the bright rays OF prosperity be-
ginning TO pierce the blackness.
Business having reached and passed
its nadir is travelling towards the re-
NTH Of good times. II is declared
This from manufacturers. topnotch-
ers in their lines. not given to public
prophecy. presages a Happy New
Year.
Pittsburgh Dispatch: The optim-
ism that has predicted that with the
turn Of the year there would be a
marked turn in the Industrial and bus
mess situation appears in fair way Of
verification according to reports ap-
pearing in our news columns. orders
amounting to $4,000. 900 worth Of steel
products received within the past 10
days by one corporation, preparations
for renewed activity among the mills
along the Monongahela and Alleghe-
ny valleys and in other industries
speak for themselves. Nor are these
orders exclusively from the war zone,
although Pittsburg is profiting large
ly in that way. Inquiries from the
west and orders from Austria indi-
cate a worldwide scope which justi-
files the promise that we are on the
eve OF substantial revival Of pros
perity.
Philadelphia Record: Among other
commercial news We observe that
more than 1000 employees OF a sewing
machine factory returned to work
yesterday. and that 1000 men went
back to work yesterday in a wire mill
in Joliet. Ill. These things, and the
report Of the trade papers at the end
Of last week. give evidence OF very
general. II not yet OF a very radical
change for the better, with no change
whatever in the tariff, and not the
least chance OF any for several years.
Senator Gallinger is anxious to get
/ the Payne-Aldrich tariff back into op-
Grafton on account Of the business de-
preston, but every day indicates that
the depression is less. We presume
the New Hampshire man proposed the
re-enactment OF the Payne-Aldrich
tariff instead OF the Dingley tariff be-
cause II was during the existence OF
the latter that the severe panic OF
1907 occurred. sull. we do not be-
lleve the discrimination 3as worth
while; panic is just as likely to come
under one republican tariff as an
other: panics came under the repub-
lcan tariffs Of 1888, 1890. and 1891
At s5 man Is no longer old and
therefore the death Of ex-congress-
man w. Il. Ellis may be considered
untimely and it is an additional rea'
son for sorrow on the part Of his
many friends But II is the way OF
the world that sometimes we have to
go with no chance to say goodbye.
$~S~s~SSS
That road from Cold Springs to
the river is a live proposition and the
preliminary survey will be awaited
with much interest
~~~~S~ss-S
The snowdrlfts are too heavy 10
suit them in Europe and there is not
enough snow to suit our farmers
here.
~$-SSoSss-S
The Japs are anxious for the fray.
s~S~SSS-s~
"Fore!" at Palm Beach
PALM BEACH. Fla, Jan. 1S-The
new year golf tournament opened
here today with unugualIv large rep.