Evening Republican, Volume 16, Number 232, Rensselaer, Jasper County, 27 September 1912 — Page 3
THE GOUNTRTS BUSINESS AT FLOOD TIDE ' ' ,__j; . *, 1 ;' ■ ■ : • ..} .j/v From Every Section of the! Nation Comes the Good News of a People’s Prosperity. 816 CROPS, PLENTY OF WORK, GOOD WAGES ‘ ■ ■ a---..-— T --l:—x : h -4—-W-l— - That te the Chorus That Comes From Every State, and it Is a Song That Must Gladden the Heart ,of Every American Who Loves His Fellow Men and Wishes Them to Prosper.
THE country is at the flood tide of prosperity. The last four years under Bepublican laws and Republican policies mark a triumphant climax in the nation’s history. From the day that William McKinley, in the name of the Republican party, assumed control of the government, down to the present time, when William Howard Taft is proving the worthy and patriotic successor of the martyred president, there has been uninterrupted progress, unexampled prosperity, marvelous growth. Business everywhere is booming. Labor is in great demand and wages were never better. Banks’ deposits are increasing. Railroads are carrying enormous quantities of freight. Shipbuilding has taken on a new lease of life. Farmers are making money and miners and all other classes of workers are busy. Never was such universal activity known before. The details presented in these columns tell their own convincing story. They are gathered from all sections of the country —a broadside of interesting, instructive facts that demonstrate the widespread blessing of prosperity all over the land.
“EVERY PROSPECT PLEASES”
Bradstrset’s Report Bays That Trade Continues Its Onward March. Bradstreet’s Report, a recognized authority on business conditions, sums up the present prosperity in the following words: “Every prospect pleases and trade continues its onward maitch. Cl nulative strength appears to be the order of the day. The quickening impulses of better things are extending to sections that heretofore have been relatively backward, and what is moat significant, garnered crops contribute even higher yields than were anticipated a fortnight ago, with those yet to be gathered—corn and cotton —giving evidence of astonishingly good progress. The crop situation is such as to generate optimism, the influences of which on trade are clearly apparent all over the wesL "Bteel business was never better, specifications In August were of record proportions, pig iron is active at an unprecedented rate of production, and higher prices have been named on a number of finished'lines. Jobbers of dry goods have enjoyed a good house trade despite the holidays, visiting buyers still being In evidence, and road sales are larger, while business for spring is opening in a good way with first hands.”
PROSPERITY IN THE WEST
Chairman Lovett Reports Crop and Business Prospects Good. From the New York Tribune. Ex-Judge R. S. Lovett, chairman of the executive committee of the companies embraced in the Harriman system, who reached this city at the dose of last week from a five weeks’ trip in the west, said yesterday as the result of his observation that the crop and business outlook could not be more encouraging. As to the crops, be said he did not see how they could be better, and buslnesf was for that reason unusually good: Labor, however, was very scarce, and aB a result a good deal of the construction work of the system's roads was being delayed. ,
Business Continues Good.
From the Jackson, Mich.. Patriot, Sept. 11, 1912. As to the general business of the oountry, although within less than eight weeks of election, with conditions growing feverish among candidates, there can be no two opinions. It is large and tends to become larger, la some cases showing a volume never before recorded. This is especially the case with those Industries which imply a large volume of business in other lines and. directions, such, for example, as the industrial demand for fuel and the biggest output ever known in manufactured steel. At no time in the history of this country has the production of steel been so great, and its relation to other industries is shown in the large orders received from the railway equlp'ment companies. T |
A Groat Business Revival.
rrara the Independence. Ku.. Daily Repronounced revival of business prosperity baa set la, according to the growing belief of boaineaa and flnandal from all over the country. ▲ decided awakening from the period of exeeaslve dullness and limited bustsees operations that haa continued In the oountry since 1907 is widely predicted by men la touch with business conditions V
BUSINESS IS BRISK
Local Merchants In the Towns Find Receipts Increasing Each Month.
Under the heading, “Business Is Brisk this Fall," the Freeport, 111., Journal says that local merchants are optimistic and that “autumn displays in local windows Include great variety of high class goods that will sell well.” The Journal then says: “Recent reports from shippers in almost every section of the country give one the Idea that the only famine we will have is one of freight cars rather than of produce. The conditions in the harvest fields of our great grain sections this year have demanded more labor than they could get, and that condition has not existed for several seasons. Wages are at the top notch and there is plenty of work. Factories are working full force and many of them over-time. And the farmer still buys automobiles. “Among local merchants business has been good this summer and each month has shown an Improvement over the corresponding month one year ago.”
WILL DEPEND UPON ELECTION
Politic*, Unfortunately, Will Have an Influence Upon Continued Prosperity. In an interview published In t New York, Mr. James S. Alexander, president of the National Bank of Commerce, said: “Merchants have been increasing their stocks. Labor is well employed. Tremendous crops are assured. The outlook is exceedingly good.” But Mr. Alexander added that politics, unfortunately, were a factor in the situation and that if present- conditions were changed by the election, the business world would naturally Ruffer.
THE STORY IN HEADLINES From the Chicago Record-Herald. Sept. 17, 1912. AMPLE CASH IN BANKS FOB BUSINESS NEEDS f I —I Enough for Crop Moving and Legitimate Enterprises, but None for Speculation. i ; GOLD COMING FROM EUROPE Engagement of 6750,000 First of Series—New York Exchange a Premium.
Bright Business Signs
From the Reading. Pa., Time*. It gratifies the Times to be able to bring to the attention of its, readers the many evidences of business Improvement appearing in all sections of the country. These come from the west as well as from the east, and affect the agriculturist as wen as the Industrie* and financial and commercial houses. ———:/t
Let Well Enough Alone.
From the Quincy. OL. Whig. , R strikes ns that we should he satisfied with our present prosperity nnder President Taft and not be misled by those who are trying to crest# ft spirit mi unrest throughout the country.
FEEDING AT INDIANA’S PUBLIC CRIB.
REPUBLICANS ARE RALLYING TO COLORS
REPUBLICAN STATE COMMITTEE DECLARES PARTY WILL WIN. Prosperity Should Not Be Given Betback by Defeat of Party that Brings It. The first state gathering of the members of the Republican State Committee, the chairmen of the county committees and the state candidates, which was held in Indianapolis, called forth much favorable comment by leaders all over the state who were present. It Bhowed an unusually good working organization and a strong sentiment on behalf of the party and tickets. Committee Issues Statement. The state committee ißsued the following statement concerning Republican conditions and prospects: “To the Republicans of Indiana —At a meeting of the state committee and state candidates, followed by a meeting of the different county chairmen and other Republicans, today, the political situation in the state" at large, and in the several counties thereof, was thoroughly canvassed. It is a pleasure to announce to the Republicans .of Indiana that the situatibn everywhere is rapidly improving with each day. It has been within the knowledge' of all that our party has been more or less divided since the national convention and many Republicans have been somewhat doubtful as to the final outcome. Rallying to the Colors. “Our reports today from all the various counties show conclusively that many Republicans who have been doubtful are coming back into line, and the whole party is rapidly rallying to the colors. They have been more or less confused by the bluster and noise made by the so-called Progressive party, and many of our Republican friends have begun to believe that all that could be done was to try to save our party In this campaign. The strength of the third party movement has been greatly exaggerated in all quarters. This has been so systematically done that it has created the general impression that their strength was out of all proportion to the real fact. “This statement is also further evidenced by the splendid victory of the Republican party in the election held, in Vermont. The substantial plurality of Mr. Fletcher, Republican candidate, and formerly a citizen of Indiana, over his Democratic opponent is most gratifying, and Lis very large vote as compared with the candidate of the Progressive party is conclusive evidence of the small strength of the third party movement. Proof of Country’s Wants. “The tremendous majority of the legislature over all is a result most surprising and gratifying. Tljis result, as viewed in the light of the personal canvass of that state by Mr. Roosevelt, gives certain proof that the people of the country want a continuance of Republican policies. “After a careful and thorough canvass of the situation as we find It today this committee feels confident that we can win this election. “Indiana is normally Republican by 35,000 or more and we.feel sanguine that if all the Republicans will get to work as they have in times past, when November comes we will again be triumphant. More Prosperous Than Ever. - “Why should we not win? Why should and Republican desert the party that has done so much for this great country of ours? The Republican party stands for the same principles today that has made it such a great and powerful party in the past. We are more prosperous than we ever were before. Who of you wish to take any chances and go back'to the wretched times of 1893? “When our illustrious President, Benjamin Harrison, was a candidate for a second term it was conceded everywhere that he had made one of the best records of any President this country ever had. People were prosperous. Times were good—just as they are now. Bat people, without reason, wanted a change—they made a change and elected a Democratic President The people gave them a chance and they have not been trust nationally since.. How many of you want to repeat that experiment? The danger signal— *StOp! Look! Listen* can be well applied here. For/Best Interests of People^ *We believe that the success of the
Republican party is for the best interests of all our people. It was born to fight, and came into existence because of the demand for such an instrument. Since that time it has met every question courageously, honestly and solved them for the best interests of all the people. We believe thoroughly in the declaration of Abraham Lincoln —made when the country was confronted by serious dissensions. Before entering upon so grave a matter as the destruction of bur national fabric, with all Its benefits, its memories and its hopes, would it not he wise to ascertain precisely why we do it? Will you hazard so desperate a step while there is any probability that any portion of the ills you fly from have no real existence? Will you, while the certain ills you fly to are greater than all the real ones you fly from—will you risk the commission of so fearful a mistake? Disaster Not Forgotten. “The achievements of our party are still fresh in our minds and the disaster created by the Democratic party of free trade has not been forgotten. “The question is. now squarely before the citizenship of Indiana. This issue is fairly presented. It is now for you to decide which you will have.”
COL ROOSEVELT ON DURBIN
Former President Commended Indiana’s Governor for His Btand for Law and Order. Under date of August 5, 1903, President Roosevelt wrote to Governor Winfield T. Durbin, of Indiana, a letter elicited by the course of Governor Durbin in connection with the Evansville race riot and the effort of the authorities at Evansville to secure the consent of the governor for the trial of the man a mob tried to lynch under the protection of the state militia, a suggestion the governor promptly vetoed. What President Roosevelt said of Governor Durbin is of special interest at this time. Colonel Roosevelt said in the opening paragraphs of a long letter of commendation: “Permit me. to thank yon as an American citizen for the admirable way in which you have vindicated the majesty of the law by your recent action In referring to lynching. I feel, my dear sir, that you have made all men your debtors who believe, as all far-seeing men must, that the wellbeing, indeed the very existence, of the republic depends upon that spirit of orderly liberty under the law which Is as incompatible with mob violences as with any form of despotism. Of course, mob violence is simply one form of anarchy, and anarchy ia now, as it always has been, the handmaiden and forerunner of tyranny. “I feel that yon have not only reflected honor upon the state which for its good fortune has you as its chief executive, but upon the whole nation. It is incumbent upon every man throughont this country not only to hold up your hands in the course in which you have been following, but to show his realization that the matter is of vital concern to us all.”
IS STAR STILL IN ANANNIAS CLUB?
Washington (Ind) Herald. “The Fort Wayne News suggests that under certain conditions Colonel Roosevelt might place the Indianapolis Star in the Ananias club. He did once, and as it is so long ago and the colonel is now a private citizen, perhaps it will not be lese majesty nor a violation of white house ethics to print the incident. It was in the spring of 1908, while the administration was doing its level best to nominate Mr. Taft for president by corralling all the delegates fupm the southern states, where local republicanism properly is in disgrace and a legitimate object of hissing when the writer called on the colonel, then president, of course, with Representative Watson of the Sixth Indiana district. Mr. Roosevelt was exceedingly cordial and passed some jokes with Mr. Watson, after the introductions were over. Then he turned suddenly, his eyes snapping and his strong, white, almost transparent teeth gleaming under his rather straggling moustache, and said: ‘“So yon are from Indiana? Well, that is a great state, bat yon have two newspapers out there’—tile words fairly hissed from his lips as he spoke, giving an unusually long sound to the letter ‘s'. ’Yon have two papers down there, the Indianapolis News and the Indianapolis Star, that for variegated mendacity equal even the papers of my own town of New Tnfk’" ■* - -
FORESEE AN ERA OF PROSPERITY
Julius Kruttschnitt and Otto 4- Kahn Tell of Increased Business Everywhere OTHERS ECHO SENTIMENT Politic Introduces the Only Element of Uncertainty. From the New York Sun. Sept. 11, 1913. ' Prosperity for the United States and Its Insular possessions was predicted by many returning passengers on the Kronprinz Wilhelm of the North German Lloyd line. Among the most optimistic was Julius Kruttschnitt, vice-< president of the Harriman railroad lines. Mr. Kruttschnitt bases his roseate predictions on the reports he received through the newspapers and from the officials of the Harriman system. He thinks that the prosperity wave will extend throughout the country. Among those who are confidently looking for good times is Otto Kahn of the firm of Kuhn, Loeb ft Co., who sailed for Europe on the Mauretania this morning. In discussing business conditions throughout the country* Mr. Kahn declared the big crops of this year indicated a revival of prosperity and increased business. But Mr. Kahn was careful to point oat that there was danger to business from politics and unsettling legislation. He said in part: “When any one tells you, as many are saying, that the business revival Is going on regardless of politics, you can langh at him," he said. “It wIU not. It is true that the country Is all ready for the great prosperity. The crops are wonderful, the- greatest we have seen. Business is running smoothly. The factories are operating at full capacity, labor is well employed. The outlook is good. But business will not cut loose into any great boom. “Politics is.one big factor. Wilson is an uncertainty. He has been giving us a great deal of loose talk lately on one thing, concerning the inability of American business men and bankers to handle their business. Presidents cannot afford to indulge in loose talk.”
IN MINES AND QUARRIES
Industries Which Havs Greatly Prospered Under President Taft. From the Quincy. 111., Whig. The’ mining and quarrying Industry is one of the greatest industries in the United States During the administration of President Taft the miners have prospered, there have been fewer strikes than ever, and why should the miners vote for a change? The best is none too good tor the working people of this country, and they have been getting the best during the rf&st four years. Can they expect anything better under the administration of a Democratic president, when history teaches ns that this would be an utter impossibility? Illinois has 86,38$ persons engaged in the industry, a larger number than any other state in the east north central group, which consists of the states of Ohio, Indiana, Illinois, Michigan and Wisconsin. Do the voters of this great state want to continue to prosper, or do they prefer to go back to the old days when they worked for starvation wages? This is something for the thinking men of this country to ponder over. Yon cannot get away from the cold facts.
Prosperity Wave Increasing.
“The prosperity wave is increasing daily,” says President Benjamin 7. Bush, of the Missouri Pacific-Iron Mountain system. “I wish,” he adds, “that the railroads were going to ■hare equally in the profits with othsr lines of business, but the prevailing rates are low and operating expenses are great.” Mr. Bash’s interview shows that the Interstate Commerce commission, under President Taft, is protecting the Interests of the people and that wages were never higher than they are at present
THE foregoing extracts from the news and editorial columns of the newspapers have been selected almost at random and numerous as they are they represent but 4 fragment of the innumerable stories with which the papers of this happy country are filled day by day. Aren’t they splendid stories. Can any American read them without a thrill of pride and satisfaction? And when we stop to think of it, men and brethren, must we not realize that the concrete facts they present are of immeasurably more valfle and importance than all the theories, all the fine spun fads and fancies, that were ever invented. How trivial, how like sounding brass and tinkling cymbal, seems all the talk about “bosses” and ‘initiatives” and “referendum ft,” about this or that petty “issue,” in the presence of the splendid FACT that there ia peace and plenty in all the land, that men are busy and women are happy and little children are fed and clothed! * All these things have come to us under the laws we now have, through the sanity and sense and wisdom of the great party that is new in power. Why Jeopardize it all in s rash experiment? Why ] change for the mere sake of a change? Why take a chance when we already enjoy a certainty ? Bepublican Party? f
PROSPERITY HERE SAYS RAIL GHIEF
President of the Pennsylvania Sees Record Good Times Ahead. PROMISES ENOUGH CARS Deeares I* Will Provide Plenty of Chances to Movo Products. From tha Chicago Tribune, Sept. % OSS Pittsburg, Pa., Sept 16.—(Special)— Prosperity that will eclipse anythng the nation has ever enjoyed is what James McCrea, president of the Pennsylvania railroad, sees in the futures McCrea came to Pittsburg last night. Asked what he thought of the business situation, he said: "Prosperity—why.it Is here! Everybody can see that. The poise of the whole country is beating to the rhythm of happier times. And wo are just entering the hew era of prosperity
ALL SIGNS POINT TOWARD PROSPERITY
Tremendous Business in Bight Which Bhould Not Bo Chocked. From the Gary. Ind.. Tribune. Sept O, 1912. Orders on the books of the United States Steel corporation as of August 31 called for 6,163,375 tons of material. This figure represents an increase of 206,296 tons over the amount booked a month earlier. It is also the largest amount of business shown since the corporation began issuing monthly reports of its orders, and has not been exoeeded in the quarterly statements since September 80, 1907. The largest amount of business the corporation ever reported was 8,489,719 • tons on December 81. 1906. Since the beginning of this year the business on thft order books has increased from 5,66 V 761 tons and during a large part si the period the mills have been . unning close to their productive capacity. This means everything to Gary tor the next year. If the steel companies cannot keep pace with their orders* with all their plants running at praotically full capacity, the time is at hand when extensions will be in or* der, and Gary Is going to get Its share of the extensions. Elsewhere in this issue, the Tribune prints s remarkably “boomish" series of interviews with New York bankers. They are worth reading. It all goes to show that general business Is going to be tremendous tor at least a year to come, and Gary Is in position to get its fall share of the good things bounteous times are to give ouL
IOLA IRON WORKS RUSHED
HOPE TO INCREASE FORCE FROM 100 TO 400 MEN. Treasurer Hornsby Says the Resumption of Business Cam* Within Thrs* Months* From the lots, Kan., Register, Sept. Ift “Business at all our plants is rualr ing and in a short time we hope to be operating at full capacity at oar lola mill, which will call for some 140 men,” was the interesting statement made to a Register reporter by Mr, 7. A. Hornsby of Springfield, Mo., treaaurer of the United Iron Works company. Mr. Hornsby was on a visit to the lola plant of the company and stated that he was adding to the tore# here as rapidly as possible, haring now 100 men on the pay rolL
NO TALK OF HARD TIMES
Philadelphia Bankers Bay That Bual* ness Is Good Everywhere. Philadelphia, Sept. 11- Banker* here today expressed themselves aa much encouraged by the prospects of almost a tidal wave of business and a trade prosperity that wifi endure owing to the prospect* of hamper crops a* forecast in the government, jrop report issued yesterday.