People's Pilot, Volume 4, Number 52, Rensselaer, Jasper County, 20 June 1895 — The New Boom. [ARTICLE]

The New Boom.

It is a fact that business has wonderfully improved in the lats four weeks, and nothing like it has been seen since the spring of 1892, and hundreds of factories that have been idle, or only half employed, are now crowded with orders, and it is nothin? uncommon to hear it said “We are from two to eight weeks behind orders.” 7-he first bulge visible to the naked understanding was that in wheat, beef and oil. Other things responded to the pressure and before it was known things were “wide open” in a dozen lines. Employment was found for there to-fore id,e hands. Businessmen found money suddenly “easy.” and yet on every hand the Question is asked.

“What is there to cause it?” A gentleman, well known in business ciicies, just returned from the East, informs us that money can be had in any quantities, at low rates, for the asking, provided, of course, his house was in good standing and entitled to credit. At the same time he says “No wildcats need apply.” Collections have eased up all around, and the general disposition is to do “business.”

It is hut the beginning of a new era, and has behind it two vital forces. The first is, the bankers are tired of the results of the panic they started in 1893. Second, they see that to continue the policy they then adopted to buldoze Congress into silence on the sheer question will drive every thinking voter over to free silver, and thus permanantly defeat the very purposes for which they originated that panic. Let it not for one moment be supposed that their motives in letting up now are either charitable or humanitarian. Trusts know no party, no creed, no charity, and the financial trust, the mother of all other trusts, is no exception. What they did in 1893 they did for gain. What they are doing now is also for gain. That they over-reached themselves and got into deep water in '93 is ancient history. That they won’t ’-do it again,” goes without saying. Let all good business men be thankful that they have weathered the storms, and that after two years of unparalelled oppression they, these bankers, are willing to let us go forward with the world's work, even though their motives

be selfish. Letusall goto work earnestly and repair our wasted fortunes.—Vox Populi.