Rensselaer Republican, Volume 26, Number 11, Rensselaer, Jasper County, 9 November 1893 — RELIEF FROM REPEAL. [ARTICLE]

RELIEF FROM REPEAL.

su- "-X*-**'*'”*.. ...« R G. Dnnn '&. Co.’« New York Weekly Review of Trade, Saturday, said: The repeal of the silver purchase act does good already. The business world in every part of the country reckons it helpful and the tone of the trade is more-con-fident. It is hardly time as yet for the effect to be felt to any great extent in manufactures, but bankers are more liberal In accommodations and merchants more hopeful in purchase. It is well to remember that the act will do less good than if it had been passed early in the spring, or without delay after Congress assembled. It cannot now prevent several thousand failures which have already occurred, nor relieve creditors from resulting embarrassments. It can now save from loss a multitude of manufacturing establishments which have closed because the future seemed uncertain. It will go far to restore business confidence, which was much needed, but many may expect from the measure larger results than can at this late day be realized.