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jSuppkiuwiltoU'tslcniiajisas World APRIL, 1S97. "Wl KEENEY, - KANAAS FAVORABLE REPORTS FROM EVERY DIRECTIOf. Itoanocrats and Repnblica-ia Unite I. Welcoming: tbe Dawning; ity Many Idle Mills and BAraacea Are Reopened. -We find in the South daily evidences "WHAT 'PEOPLE 'ARE ABOUT !IT. '-SAYING It 'Contains Mot m False Note and la Commended Alike by Republicans and Democrat! Bren the British Show Mild ApprOTaU The inaujrnrnl address of President Uc -Kinley is a document, the spirit of which -must commend it to every lover of his country, no matter what he may think of the policy therein outlined. There is nothing boastful or exultant about it; in--stead, there is modesty and hope, cou pled with a gratifying determination on party policies that are well defined. Res olutions are not always a safe index of performance: neither can an inaugural address be accepted as a guarantee of good deeds. But to begin right is some thing. Columbus (Ohio) Dispatch. A BasineM Administration President McKinley gives every guar antee of a business administration that an inaugural message can express. Like his letter of acceptance of the Republican nomination, his first communication as President, addressed to the people, is re markable for its simplicity of statement, its wholesome and welcome freedom from rhetorical pretense, and the strong air of common-sense that pervades it. What he Has to say the President says briefly and pointedly, and without waste of words in introductory phraseology. New York Advertiser. Not a False Note. President McKinley has given the pub lic an inaugural without a false note or an ambiguous- sentence. It is clear, straightforward, systematic and forcible. There is nothing merely perfunctory about it. He recognizes the difficulties that have been heaped up during the long depression, and frankly says- that recov ery will require time, even with wise lee islation. He first of all discusses the financial situation, because that is upper most in public consciousness. And he favors the creation of an expert commis sion to consider the revision of the coin age, currency and banking laws. The President will always hold himself ready to co-operate with other great com mercial powers for international bimetal lism, but until such co-operation can be secured, the silver coined and that may be coined here must be kept constantly at parity with gold. To this all our resources are pledged, and the pledge must be kept. Philadelphia North American. A Business-Like Document. President McKinley's message is a straightforward, business-like document, in which its author has clearly expressed what he had to say, and has evidently tak en more pains to convince the reader that he means what he says than to indulge in hyperbole and other redundancy of phrase. Portland Express. An Honest. Sincere Man. The address must, we believe, impress every reader as being that of an earnest, honest, sincere man, determined to do his full duty.- It is also the address of a man nearly all of whose economic creed can be expressed in one word "protection." But possibly the needs of the treasury and the cantion of congressional leaders of his party less fully absorbed in that theory and policy may make the new tariff law more conservative than if the new Presi dent's wishes had full sway. Except for the excess of steal displayed in this con nection. Mr. McKinley's program we re gard as conservative and wise likely to promote the progress of a returning confi dence in the future of business if faith fully carried out. Jacksonville Times-Union, Democratic. He Should Not Be Bmbarrasaed. The President of the United States can not make good times nor bad times. He has no power to enforce the carrying out of his recommendations. But the whole tone of the first presidential utterance bespeaks n sincere solicitude for the good of the country. There ought to be no in considerate or vicious opposition to the policies which the Republican administra tion shall seek to carry into effect. Hav ing the responsibility of governing the country, it should have a fair opportunity to govern on hindered by factious dissent on the part of the minority. Philadelphia Record, Democratic Even tbe Britisb Mildly Approve. It is a pleasure to read the approving comments of tbe British press and British bankers on tbe inaugural message of Pres ident McKinley, even if they are sand wiched in with disapproval of certain sec tions, which, no donbt, the President very well knew when he wrote them Great Britain would not approve. . They were written for the American people, not for the English, and, with the endorsement of the American people, it makes little differ ence to this country whether our cousins across the water agree with them or not. Baltimore American. Breathra Stnrdy Patriotism. President McKinley's Id augural ad dress is worthy of the man. Every sen tence breathes of robust Americanism, sturdy patriotism and unfaltering deter mination to do the right thing no matter what may happen. There is no tali: of war, no hint of revolution, indeed, no non sense in it anywhere. Briefly epitomized. President McKin-' ey favors a monetary commission com posed of both parties that shall give a careful and dispassionate examination of the currency system. His idea, as he says himself, is that while-"our money, is ail good now, its value must not further be threatened. Its basis must be enduring. President McKinley stands resolutely by that portion of the platform which de clares in favor of international bimetal lism. He yields not one inch in declaring that it shall be his endeavor to secure it by co-operation with the other great com mercial powers cf the world. And again n this he will have the support of the people. New York Commercial-Advertiser. the HiKbrst Expectations. The inaugural address of President Mc Xeh f" lh" hish expectations which had been formed of the principles nd purpose, which would "trols ad! ministration.. He sounded the yuote of "Put the building right here. said President Jackson, thrusting his cane in to 'the ground, a hundred yards east of the White House, when, in 1833, a lo cation for the Treasury building was to be determined. The Federal government was transfer red from Philadelphia to Washington in the year 1800. It took six days then to make the trip from Philadelphia to Wash ington, which is now accomplished in three hours. The Treasury was located in a plain three-story building which bad been erected for the purpose, facing on 15th street. In 1804 the business had so grown that a new building was necessary, and one was erected at the enormous cost of $ 12,000. and was her alded to the country as especially meet ing the requirements by reason of the fact that it was "fire proof." In August. 1814. however, the British proved that there was a little mistake about this, for they burned the Treasury building, as his policy on the money and tariff ques tions by declaring that our currency laws need such revision as will plnceour mone tary system on a safe and enduring basis, and he therefore recommended that Con gress create a commission to take under early consideration the revision of our coinage, currency and banking laws. In case the power to appoint such a com mission should be vested in' the President he pledges himself to appoint prominent and well informed citizens of different parties, whose known ability and special fitness will command public confidence in the results of their deliberations. AS to bimetallism, he would labor to secure it by co-operation with the other great commercial, powers. St. Paul Pioneer Press. A Plain Man's Plain Talfc. President McKinley indulged in no ora torical flights in his inaugural address yesterday. It was the plain talk of a plain, earnest man. But it had the ring of the right kind of inspiration "the chime between upright thinking and downright acting" when after he had an nounced a policy of business revival he stated that he would call Congress togeth er at once to meet on March 15. Buf falo Evening News. Tbe Cbart and. Com puss Displayed. In a message so general in its character, there is much more significance in the emphatic statement of generic principles than in the old style of message, in which the President enters into specific explana tions of his " proposed course of action. President McKinley wisely avoids laying before the public a detailed program at this time, bnt he displays tbe chart and compass by which he will endeavor to steer the ship of state. This leaves him freedom of aetion within certain well de fined lines, and the lines are so plainly drawn that there is no danger of the craft going astray or striking upon the rocks while so cool and level-headed a pilot is at the helm. Minneapolis Tribune. He Haa tbe Good Wishes of All. In some respects William McKinley ot ters office auspiciously. He was elected by the largest popular majority, except one, ever cast for a candidate for Presi dent. His private character is above re proach, his public career has been honor able, and he wins the liking of people who come in contact with him. Owing to his personality and to tbe circumstances at tending his election, he is therefore at tended by the good wishes of most of his countrymen in assuming tbe highest post in the republic. Memphis Scimetar. Warm Words from tbe South. So far as the new President, shall stand for those things which we believe to be right, and for the best interest of the country, so far the Telegraph will endeav or to hold up his hands. So far as he shall fail in these things so far will the Telegraph oppose him, for the time has come when there should be more of par tisanship based upon patriotism than of partisanship "based upon- spoils. . There was a time, not long ago, when it was difficult, on account of a prescriptive pol icy against the Sooth, for Southern men to manner-born to sustain any policy 'of a Republican administration; but a speech delivered by Maj. McKinley to Confeder ate veterans of Virginia during the cam paign and utterances of his published to the world a few days after the election, irrevocably commit him to a fair and lib eral policy towards the South. Macon Telegraph (Democratic). He Favors) Reciprocity. On the question of the restoration of reciprocity the declarations of the Pre dcut are candid and unequivocal- He is not only in favor of the re-enactment of THE TREASURY BUILDING. they did the Capitol and White House, when they -entered Washington August 14th of that year. The Treasury was then transferred to a group of buildings in the western part of the city, which were known as the "seven buildings." As soon as practicable another building was erected, which was in 1S33 destroyed by fire, and a large amount of valuable public documents lost. This was follow ed by considerable controversy among the people, who thought they ought to have a say in the location of the new Treasury building, and it was to end this factious quarrel that President Andrew Jackson planted his cane in the earth just east of the White 'House, and issued the order quoted above: "Put the building right here." At least this is a local tradition, and nobody seems disposed to dispute its accuracy. The corner stone of the present building was laid in 1S34 by " Secretary of the Treasury Levi Woodbury. The original the reciprocity treaties in force under the tariff act of 1890, but declares that the satisfactory trial of reciprocity justifies the granting of additional discretionary power in the making of new commercial treaties, with the end always in view of opening new markets for the products of our country by granting concessions to the products of other lands that we need and cannot produce. Chicago Times Herald. - Clear on tbe Currency Question. Nothing can be clearer than President McKinley's monetary views as expressed in his inaugural address. He assures the country that "bimetallism will have early and earnest attention," and it will be his earnest endeavor "to secure it by co-operation with the other great 'commercial powers of the world." Brooklyn News. His Cnrreney Views Are Sound. The views of the President on this im portant subject are very sound, and it remains to be seen if Congress will rise to a proper consideration of the situation and respond to the President's earnest presentation of the necessity for reme dial measures. He favors the creation by Congress of a monetary commission, com posed of prominent, well-informed citi zens of different parties, who will com mand public confidence, both on account of their ability and special fitness for the work. New Orleans Picayune (Dem.) Revenue tbe First Thins: Necessary. By far the most hopeful sign on the horizon of the new administration is the assurance that President McKinley gives in his message that there is to be no im mediate meddling by Congress with onr monetary system no tinkering or cob bling by indifferent financial mechanics, for the present at least. The new Presi dent declares that a necessity exists for some revision of our fiscal laws, and he expresses a belief that a system better than the present one can be devised: bnt now, he says, is not the proper time to attempt it. New York Morning Adver tiser. Sententious Comment. The message will add to the popular im-. pression that Maj. McKinley possesses, in an eminent degree, the genius of com mon sense, and that he will make a pru dent, safe, and at the same time i pro gressive President. Altogether the first official utterance of President McKinley has the ring of true metal, and will give general satisfaction. The country is to be congratulated. The address throughout is free from obscurity and self-conscious cant. It is practical and -, will - undoubtedly inspire confidence and help the languishing busi ness interests of the country. President McKinley begins well and be is entitled to a fair chance an oppor tunity, unfettered by resentment or other petty consideration, to improve the pre vailing conditions of industrial distress. The new President's inaugural address has the especial merit of being short, but it is pregnant with wise and fitting sug gestions on these various topics, in which he sketches in broad outline the main fea tures of the policy of his administration. Altogether the message will -leave that favorable impression upon the people which is sure to follow upon the unequiv ocal declaration of principles which Pres ident McKinley is determined shall guide his administration. Ia all respects the address is a model document. The new President enters up on his career with tbe best wishes of the American people. He has outlined a pol icy which, if followed, will make his ad ministration a great success. It means peace and plenty for alL building was of freestone from Virginia. 1 but it has received additions and exten sions on either end. and the west side composed of granite. The long col onnade on the 15th street front shows the plan of the original building, while the northern and southern end and western front are the extensions constructed of polished granite brought from Maine. The building embodies the most perfect Gre cian architecture, tbe long colonnade on 15th street being a marked feature to those familiar with its appearance, while the porticos on'the southern, western and northern fronts are surmounted by pil lars of the ionic order. The additions to the original building were begun several years before the late war, the south wing being completed in 1SG0. the west wing in 1863 and the north front in 1867, the cost of the entire building being nearly ten million dollars. The length of the structure is -462 feet, the width 264 feet, so that one must travel about a quarter GENERAL. EMPLOYMENT. Tbis Will Give Prosperity Without Reference to Other Theories. The impossibility of ever establishing any commercial and industrial conditions which will make everybody rich and pros perous has induced many thinkers to adopt socialistic notions in which they dream of a paternal Government which will take from the rich to give to the poor and keep up a constant and systematic distribution of benefits to the entire popu lation, an utterly impracticable scheme. To come back to a reasonable and prac ticable definition of prosperity, it means that condition of affairs in which the en tire able-bodied population is engaged in productive labor at fair wages. When this shall be realized, there will be a .gen eral activity in business, with money lib erally invested in the development of the natural resources of the country, includ ing the building of railroads, particularly in the Southern States. Of course, there will be many persons who are dissatisfied; but that will be the only general pros perity that will be possible in this world. New Orleans Picayune. Bryan's Blooey Theory Won't Hold. The whole structure of Bryan's recent talks is built upon the theory that when money is scarce times are bad. The best tiroes the United States has ever had was when money was scarcer than it is now, and the hardest times the nation has known for thirty years was when the cir culating medium was at its highest point of issue. If Mr. Bryan had said that times were good when money was plenti fully in circulation, and bad when money was hoarded away, his axiom would have been all right, but to hold that the mere act of inflating the currency will drive hard times away is to fly in the face of history- "What the country needs, says Mr. Bryan, "is money enough to transact its business." What the country really needs is business enough to call its existing money into service. According to the re port of tbe Comptroller of the Treasury there are now lying in the banks of the country between five and six billions of dollars. Paradoxical as it may seem, this is nearly five times as much money as there is in existence, and yet every dollar of it is available for the transaction of business. Business makes its own money and is not dependent upon the amount of currency set afloat by tfce Government so long as there is enough to form a reason able basis. With less money than at pres ent the United States transacted billion after billion more business in 1892 than in 18J6. As well might Mr. Bryan say that it is impossible to measure the 'wheat. crop of the United States because there are not enough half-busbel measures to hold it all. Kansas City Journal. No Boom for "Silver Republicans." There is no room in the United States for a "Republican silver party." The lit tle clique of free coinage Senators and Representatives who have issued a "call" for the creation of such an organization will find their efforts fruitless outside of the mining camps and the strongholds of prairie Populism. The regularly chosen and accredited Republican national con vention, held in St. Louis last June, em phatically demanded the maintenance of the existing gold standard and pledged the whole power of Republicanism to the work of upholding the honesty of every American dollar. This action was earn estly indorsed by an overwhelming ma jority of Republican voters at the time when it took place. The Republican par ty ratified it with absolute explicitness at the polls on Nov. 3. The Republican posi of a mile in walking around it. the long corridors within its walls measure miles in length, and the number of people who are daily employed in its various depart ments is over three thousand, while in other buildings which have been leased for such portions of the work as cannot be accommodated within the Treasury building are an additional thousand or more. Tie employes of this deparc tueii l of the government make a sufficient num ber to stock a respectably-sized city. From lO a. m. until 2 p. m. its doors are open to the public who' freely visit all parts of: it except the vaults where the bonds and the gold and silver are kept. To these visitors may obtain .admittance by spe cial order from the Treasurer, and they are -visited by many thousands of people annually. Next to the Capitol and White House the Treasury building is the object of attention from all visitors, and the in terest in it warrants the presentation of tne accompanying illustration. tion on the currency is fixed and final. It is as definite and distinct as the party's creed in regard to the rights of secession or the policy of protection to American industries. Republicanism stands for sound, honest dollars, worth 100 cents in gold, as firmly as it stands for the en forcement of Federal authority and for tne supremacy of the nation. Senators Teller. Pettigrew. Cannon and their associates have no rie-ht to the Republican name so long as they persist in tneir present policy. Exchange. THE LOSS IN FOUR YEARS. The Fia-ures Are Simply Appall In.. It is impossible to compute the exact losses infli-tH in m n .. J " no uuu wage earners" under the Democratic free iraue policy, .excellent authorities place the average yearly loss in n-ntrM o m pared with the amounts paid during the prcmuency or narnson at not less than S250.000.000. This would . ..i loss in four Tears nf SI mn rtiw nm .i . .,w. tv uie wage earner. The shrinkage in the valne ' esxate, railroads and productive properties of all sorts it is likewise impos sible to measure accurately. The most competent statisticians, however, estimate the cost to the nation in the fall of wages ..u urjnraairon ot values since March 4 1893, at from three to four thousand mill ions of dollars. In other words, the Dem ocracy's stubborn nttpnmt ... fixed protective policy of the United States ""uonLute ior it tne policy of free trade, has cost the American people a sum about eqnal to the expense of potting down the rebellion. The Fifty-fifth Congress will legislate for American producers and not for for eigners. The soundness of the currency win ue unassailable under a Republican administration pledged to preserve the gold standard. The prospect is luminous with encouragement. New York Com mercial Advertiser. , Mr. Bryan's Diamonds. Mr. William J. Bryan "appeared before an audience which about filled two thirds of Carnegie Hall in New York last night. This friend of the "toiling masses" and enemy of plutocrats ap peared in better form than when he was campaigning. His girth is greater, his cheek filled out. and he had two dia monds in the expansive front of his shirt. When he was campaigning he only had one. but as he is now rolling up riches and is not dividing to any extent with the "toiling masses" be can afford to be deck the bosom of his shirt with rare and radiant gems which dazzle tbe eyes of the honest citizens with long whiskers who reside on the banks of tbe raging Platte. The wearing of diamonds and enuncia tion of the peculiar principles Mr. Bryan affects, do not go well together. Albany Journal. Secretary Sherman Is an American. . There was no dodging and no trimming in Senator Sherman's speech at the din ner given him at Washington last night by the Ohio congressional delegation. He faced the Cuban situation more squarely than his immediate predecessor has ever done, and he announced his policy in terms that will permit of no shuffling in the future. "We intend." he said, "to protect our citizens, whether they be on land or sea." He expressed the opinion that the time was not far distant when the whole west ern hemisphere would be nnder a repub lican form of government, and he said it was our glory to build np among our fel low republics in North and South Amer ica examples of enr own. of growing trade revival, and being a sanguine people, we hope that an era of ceneral prosperity is at band. In Oeorgsa the great majority of the cotton mills are running, giving employment to 4.U0O or 5,000 people. We have about 3.000.000 spindles-in operation, but I must admit that the price obtained for the manufac tured product -is not satisfactory. Now. that the financial question has been set- ' tied for the time being at least, general attention will be given to trade conditions with beneficial results. 1 do uot care, how ever, to make any suggestions as to how trade can be immediately benefited. That would embrace a discussion of the ques tion of currency reform, to which 1 cannot devote the time at present." From inter view with Senator Walsh. Democrat. Business has been resumed. A thrill has gone through every artery and nerve of the commercial world. The spirit of enterprise has gone forth. The sun is ia the sky and tbe clouds are disappearing. With manufacturers it is becoming a question of how much rather than how little to do. This is a glorious condition and indicates an absolute reversal from that which obtained a year ago. A list of all the mills and factories which have re sumed operations since the November elec tion would ho verv Inntr one and the la- crease in their number will continue un questionably throughout the spring months. The collapse of the iron pool seems to have been the determining factor in the stimulation of industrial energy ev erywhere, and that was brought about by, the impact of an irresistible demand up on the accumulated stocks. Everybody ia now going to market. Macon (Ga.) Tele graph (Dem.). The answers to a very general inquiry regarding the conditions of business are not jubilant, but they are buoyant and ex press the opinion that some improvement is discernible. Although deficits continue to be shown in every monthly statement of the treasury, the condition of the treas ury is strong. The best indication of con fidence is the gradual increase of the gold reserve in the treasury. It is now nearly 50 per cent more than the $100,000,000 which custom has established as the limit. A year ago the question which agitated the business of the country was the poasi- lll.l IJ 111... U LUIll lUf, . . . V. 1 - -...-. . I. w- cause of the raids made upon it. No one thing so seriously disturbed the business of the country as the fear that the treas ury might fail to continue gold payments. That fear has passed, and the return of confidence is indicated in tbe preference of those who have money for greenbacks. Confidence in the monetary situation is) the foundation of all improvement in busi ness. Another favorable indication is our improved foreign credit. Our securities) are no longer returning for redemption, and the drift of trade in our favor has cre ated a large and increasing balance on oar side of the sheet. Manufacturing indus tries are looking up. Indianapolis Jour nal. In general trade the encouraging symp toms continue to outnumber the discour aging. The net impression of the past week is one of distinct improvement. This is particularly obvious, as the daily dis patches have shown, in the iron and steel situation. Bessemer pig iron, steel billets and steel rails have all advanced in price, under the influence of sharply strength ened demand, and there has been a re opening of many idle mills and furnaces. Boston Journal. From every direction comes the cheer ing news. of. the starting np of idle shops and mills or an increase in the production of those already in operation. Yester day the Candee rubber footwear plant, at New Haven. Conn., employing 1,200 hands; the Riverside Steel Company, near Parkersburg, W. Va.. employing 1,800 men; the Farwell Worsted Company, at Providence, R. I., employing 0OO bands, and the silk mills at South Norwalk, Conn., resumed work after a long period of inactivity, and the repair shops of tbe New Haven Railroad system in New Ha ven. Providence, Taunton, Boston and Hartford, which employ 6.000 men. have begun running ten hours a day. The Sil-. ver Spring bleachery. at Providence, em ploying 550 bands, and the large yarn hands, have commenced to run full time. Before the present week closes other fac tories all over the New England and Mid dle States will again be in operation. New York Commercial Advertiser. Genuine improvement in business does not come with a rush. like the breaking of a great dam. The growth for some weeks past has been more encouraging, because in nearly all lines it has been gradual and moderate. The rupture of the steel rail and other combinations in the iron busi ness has brought out a vast quantity of trade which had been held back, and has set many thousand men at work, while the slow bnt steady gain in other great industries has given employment to many thousand more, but the full effects will not appear nntil the increased purchases by all these swell the distribution of goods. This comes more slowly and later, bnt ia already apparent. Dun's Review. President McKinley can do much to in spire confidence, but taking tbe oath of office as President gave him no magical power to bring to the country universal prosperity. That depends very much up on the legislation of Congress. If that body fails to enact the laws which he has so clearly' suggested in' his inaugural, his administration will not be attended with that measure of general prosperity which the intelligent people of the country have a right to expect. The President has done all that he can do for the present. He has indicated the legislation which he deems necessary and he has called Congress to meet. Those who are in full accord with him in Congress will have bills prepared and will promptly make them laws if they, are not hindered by hostility in the Sea-' ate. Exchange. . . : Suspicions. Landlord, (to agent) I wish you'd keep a close watch on the people who have that boose on X street. I'm afraid they're np to something. Agent What has aroused your Buspt clons? Landlord They haven't asked for any repairs this month. Cleveland Ledger.