The Lamar register. [volume] (Lamar, Colo.) 1889-1952, 1915-11-17
WASHINGTON NOTES
Cold Comfort for the Administration
in the Election Returns and
Business Conditions

night, came no comment on the re
suits of this years voting. The only
statement forthcoming was that the
President had gone to bed As We
recall, the stereotyped despatch from
Fuirview, Lincoln, Nebraska. on the
election nights of 1895, 1900 and 1905
read: Mr.. Bryan retired early"
The swing toward repubIicanism in
this years elections was impressive
and far-reaching. 1t affected not on
ly the chief places on the ticket but
it extended as well to the minor posts.
For instance, in New York and in
Connecticut, when mayors Of cities
We're to be chosen, the republican tide
made practically clean sweep.
National defense is not party
ISSUE" remarks the Washington Post,
predicting that the administration
program is likely to be more largely
supported on the republican than on
the democratic side. And. dependent
as the President is upon republican
votes for the success of his measures
for preparedness, the Post points out
that mo advantage is TO be achieved
by offering a gratuitous slight to re-
publican members" Yet, by further
ing the cloture rule in the senate,
the President seems bent upon this
very thing,
The Economic World, of New York,
has rendered its readers a very useful
service by charging its table Of sta
tistics showing weekly bank clear
ings. Heretofore that paper has Civ
en- statistics for one week in 1915
with comparative figures for 1914.
Naturally, the show-ag was vel-s
gratifying one. Now, in an effort to
give its readers all available informa-
tion upon which to base their opinions
figures are also given for 1913 and
1912 The disclosures will not be at
all pleasing to those democratic
statesmen who have been boasting
of prosperity restored" Figures
for seven cities, New York Chicago.
Philadelphia, Boston, St Louis, Ealti-
more and New Orleans, for the week
ending October %, 1915, show that in
every instance the bank clearings were
larger for 1915 than for 1914. In on
Iy two cities, however, were the clear
ings larger in 1915 than in 1913
These two were New York and Phil
adelphia, both located in the region
made prosperous by the war ordersH
In spite of the great boom of war or
ders, not one Of the seven cities above
named reports as large an amount of
in 1915 as in 1912, the
last year Of republican administra-
tion. The European war will become
far more strenuous than it has yet
developed, before it viii restore" the
degree of prosperity enjoyed by this
country in 1912.
Commenting on our large export
balance for September, due to war or
ders. the New York Journal of Com
merce observes that a principal means
of paying it off is through the sale
OIL American Hftui AlltS HoN utlN
abroad. The Journal then called atten-
ton to the fact that There is no rec
ord of that or means of estimating
it with accuracy That is has fallen
far short of providing the means Of
for our exports is proved
by the exchange situation and the
necessity of establishing foreign cred
its to be drawn upon over here, which
is equivalent to borrowing money in
the United States, the money to be
paid back with interest when normal
times return. Sooner or later those
payments will be made in merchandisa |
form, which means that our imports
must greatly increase v hile our ex-
ports will undoubtedly diminish. Tnen |
will come a period very different
from that through which we are now
passing and some views of foreign
wars and domestic prosperity will
have to undergo revision" Which
means that the Underwood free trade
will have to b supplanted by |
a republican protective tariff law, if |
we are to be commercially prepared |
to meet the situation.
On the morning of election day the
Houston Post remarked: Democrat
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