Richmond Palladium (Daily), 24 November 1900 — Page 6

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THE M1DVALE STEEL CO.,

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UNION TRACTION ? COMPANY

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VULCANITE PORTLAND CEXEST CO-

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THF A. COLBURN CO.

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MtiPenn Stove Works.

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LEADERS OF INDUSTRY SPEAK 0F THE GENERAL PROSPERITY.

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Isaac Eckert & Co.

Representative Pennsylvania Business Men, Engaged in a Wide Diversity of Pursuits, Contrast the Past Period of Democratic Depression with the Present Term of Republican Plenty All Favor President McKinley's Reelection The Success of Bryan Would Bring Ruin to the Country in the Change from Protective Tariff to Free Silver.

WHAT "THE PRESS" DID. In order to ascertain the experiences and opinions of the business men of the city and State under a Republican administration, representatives of "The Philadelphia Press" have gone into the office and the workshop, into mills, banks, railroad offices, manufacturing establishments of all kinds, offices of professional men, wherever brain or brawn is employed in adding to the growth and wealth of the nation, and asked this question: "How do the three years of President McKinley's high tariff administration contrast with the four preceding years of President Cleveland's low tariff term and what is the lesson you draw from your experience?"

PROSPERITY IN TOOLS.

BRYAN'S POLICY RUINOUS.

McKinley's Election "Will Witness Decided Business Improvement in All Unes. The firm of William Seller A Co.. Inc.. machinists. Sixteenth and Hamilton Streets. Is well-known at home and abroad, as one of the largest manufacturingconcerns in the city. Their procuct are shirped to all parts of this country and Europe and the business would be accordingly affected largely hy a period of depression. John SelUrs, Jr.. V4te-president and treasurer, says: In a general way there is no question as to business being infinitely better In every way than It was four years ago, but there Is a marked depression In contrast with a yer sco, i:eiy in my opinion, to the apprehension. or rather the possibility that me boie polio of the Government may be changed in the event that Mr. McKmlely is not elected. I cannot beiieve for a moment that the American peopie could be so shortsighted, or so indifferent to their !est Interests, as to permit the election of Bryan, whose avowed policy wuid be ruinous to the country. My opinion is that when the election of MoKmiey is an assured fact we will witness a decided Improvement in business in every manufacturing line, in fact i-.i every line, both mercantile and mechanical.

1j little doubt the men interested wi 1 give expression to their desires at the polls In November.

THE SOUTHWARK FOUNDRY.

THE GREAT DISSTON WORKS. A Full Tore of Men and Many Departments "Working Overtime. The great manufacturing concern of Henry Disston A Sons Company. Incorporated, of Tacony. is one of the largest industrial establishments of its Hnd In the world, and supplies a splendid example of prosperity conditions in the mammoth force of workmen which it keeps constantly emp!oed. Assistant Treasurer Robert J. Johnson, while he decline-d tc ariv-e expression to their views, nevertheless admitted that for the last four years or more the wc.rks have been exceedirgty busy, working full time with a full force of men and many departments working overtime. That a continuance of these conditions ts desired, t.ot only bv the firm, but also bv it employees, a-oes without saying, and there

An Industrial Institution which Has Largely Increased "Under McKinley. The busy departments cf the Southwark Foundry and Machine Company offer a convincing proof of Industrial prosperity, and the opinion of James C. Brooks, president, and a prominent figure in the commercial and financial world. Is founded upon individual experience. Mr. Brooks says In September, lSi. the force at our works had gradually dwindled down to 243 men. and we had no work under contract outside. After the election of Mr. McKinley things began to revive, and have steadily improved with us ever since. We are now employing in our own works T;t men, and have many establishments outside doing work for us. Our experience is on a par wi;h our competitors; they all occupy the same relative position now as compared wita 1S. From this it will be readily seen by all that many workingmen must at that t-.m--1 ha e actually been without employment who now have regular work at good wages. With these facts before us It Is very

iiKe trying so great n experiment as a change in the Administration. The capitalist as well as the workingman knows the deploraoie conditions existing four to five years ago. and they know the more- favorable conditions "existing at the present time, but thy do not know what rn'ght happen if the Bryan party. uh all its wild theories, was p.aced In command It is my firm belief that if Mr. Bryan should be elected we will have to go through a more severe experience than we did d urine Mr. Cleveland's administration, for the reason that it will start out in an acute form owing to the great dread so many peeple have of the disaster that would certainly come if the Bryan party shoiiiu attempt to carry out the unsound principles laid down in its p.atform.

This Firm Has Increased Its Output Fifty Per Cent, and Gives Employment to One third More Men. Fayette R. Plumb, president of the tool company bearing his name, rakes an active part in the municipal and business life of Philadelphia and his opinion is ne of value because it is founded on wide experience. He says: t arn emphatically in favor of the reelection of President McKinley. There haii been no President of the "United States since Lincoln who has shown the wis'dom and strength of character in the handling of iret questions that McKinley has. This judment applies especially to the war with Spain, to the Philippines and to the Chinese question. I fail to see how any man could have done tetter than Preskienr McKinley. He was oppesed to the war with Spain and history snows that he was one of the last to consent to war measures. But when war v. as declared he handled the situation masterfully. "President McKinley, as a strong protectionist has done more in a business way than any ether man who ever occupied the President's seat. If he Is reek ted, as he is almost certain to be. there will at once follow a marked increase In the even now astounding prosperity I cannot see how it is possible that the American people who are noted for their sensibleness. can vote for Mr. tiryan who stands for nothing except Fryanism. "The manufacturers of edge tools have enjoyed great prosperity owing to the I'ingley tariff Our own firm has during McKinley s adTimistraiion increasd its output from 33 1-3 to 50 per cent., and gives employment to at least one-third more men than it did in Is--."

ALL WORKMEN PAID IN GOLD.

Baugh & Sons Co. Has a Practical : Way of Showing Belief in Republican Policy. i The Baugh & Sons Company enjoys, by reason of its far-reaching business connections, an opportunity to speak with authority on national issues. The firm writes: In comparing, from a business standpoint, the results of the late LVmocratic and of the present Republican national administrations, it is obvious that whue the former was marked bv uncertainty, depression and. failure, the 1 latter has brought fresh courage, confidence and prosperity. The three years of President McKinley's term of office, together with the full exercise of a settled finiuicial and protevtive policy by CorigTess during that partial term, has abundantly demonstrated the fact that business m general, and our own in particular, has shown a substantial progress. As all have shared in this genera! prosperity, so signally owing to & political policy which" is the unswerving: aim of a Republican President and a Republican Congress, it is right that the voice of a business community like That cf Philadelphia should be raised for the continuance of this policy. And the plea should be made the more emphatic at this time, when political adventurers, agitators and their clans continue their fabrications, and bewilder

the inexperienced and unwary voters by

have been able to add to the earnings of all those employed in the several fields of labor. Just at this time, however, there is a ripple of uneasiness to be seen upon this great sea of good times. A distinctive menace to the stability of values and to confidence in future enterprise has been issued by the pemocratic platform and by the wild vaporings of the free silver ami-imperialist dogmatists who ciaim leadership in ine Democratic party, i his menace has already had its effect upon the business of this company, fo far as fears and hesitation on the part of buyers go, but as time progresses and the result of the election points more and more certainly to the success of the Republican party it is sensibly diminishing. Tne tact that this is a Presidential campaign is discounted and to some extent some such a want of confidence in the future is naturally looked lor. yet there is an unusual crisis upon us to check or retard, which is traceable to the cause stated above, and to it becomes the duty of everv business firm or corporation which recognizes the general .1 ir.ger of Democratic invasion to protest by every means against it. As a practical deduction irora the general statement which prefaced these remarks we can only give certain facts emanating fr..m the business of Baugh Ai sons' corrpany for tne last three years. This business is ore which depends upon telds of activity- widelv separated and apparently- dissimilar in environment. The collection and transportation of c:ttl-? bone stock from almost eery point in the L'nited S;a-es a well as the importation from South America. . uba and the Mediterranean for tao mamaacture of animal charcoal for the refining- of sugars, oils and the fleering of water for drinking and purifying purposes, is rendered neearv by ti e us-? of large quanti-ies of this "article, which is made from domestic and fvreign eattie bones. Thev are garnered n. Our larg-e cities and eountrv towns and are shipped in carload lots and bv vessel in cargoes from domestic and foreign ports. One year alone twentvthree cargoes were received from citv of Galveston. Tex. The by-products of the f re n stock gathered sre converted into areas.', animal oils. phie. s-Ip.hate of ammor.ii and fertilisers" the two lat ter being use i extensively by farmers for irrrrovir.fr their soils and increasing the Md ot t.ieir several crops chemieais. this companv has been enabled throrgh the beneficent prdicv of protection to er.larre its output and to rsur-.- several branches which under the operation of a Democratic free trade trrif: a.-t it hud been found neoesary lo abandon t- .Jirrr.an competition. Pm-g.i 2er.s Company srlves en-lioyr-ier.t directly to betw'een 4V. anf $ rrien. many hiving large families a. per.-i:ne upon them. It also furnishes emph ymer.t m lirecilv to a great number of persons in other cities wher branch houses ere located, and as its ti.sie.ess ratmne in all directions this ir.t etertal number of emplove 's almost mnr.rf A. single manufacturing firm revived from this ro-nrsT.-e

ministration which has sent surh a wave of industrial advancement throughout the length and breadth of our land, then the good times will have come to stay, and there will be an end to those periods of extreme business depression that usually occur every fourth year with the menace of a possible change of government policy.

BUSINESS INCREASED.

The Phoenix Iron Company Employ More Men and Pay Them Better , Than Four Years Ago. Said David Reeves, president of those well-known and prominent concerns, the Phoenix Iron Company and the Phoenix Bridge Company, which reaches all sections" of the country through its operations i Durinr the last three or four years, ever since tbji inauguration of President McKinley, our business has been largely increased: we employ more men and we paj' them belter than during the four years of the preceding administration. I believo that this very great prosperity which we have been enjoying will be continued and increased if President McKinley is reelected. VOTERS HAVE THE POWER.

Industrial Paralysis Certain If Bryan Should Be Eelcted. The business of the 5. P. Wetherill Company, paint manufacturers, whose extensive works are located at Twentysecond Street, on the Norristown Railroad, has increased largely during the past few years, sharing in the general prosperity of the country. Said Henry C. Stewart, treasurer of 'he company: The depression which afflicted the nation in IK2 whej a policv diametrically opposite of that which has guided the nation curing the past four years was adopted, will be, I beiieve. but a mere cir- umstance to the panic and industr-al paraivsis which will ensue if Mr. Bryan be elected and his principles put into execution. The United States has been blessed wih prosperity of the most splendid character durinsr the administration of pres;c'ent McKinley. and that prosperity will" certaif.lv continue if he is reelected. X vAters have the power of determin-

Tr,2- wretrer mous rie Midii uuuii.i u.

through a ionr series of years, rarely exceeding SO per cent, of that for which the premiums charged are adequate. Last year, with an expected mortality of $2.71'3&. the death losses incurred and paid were $2.007,9S!, representing a favorable balance of $7W.3t)3, showing excellent Judgment in the selection of healthy lives and attesting the efficiency and care of the medical and other departments conc?rned. The total payments to policyholders during 1S&9 reached the handsome gum of $3.ii5.u47.05. of which Ss65.tiis.77 was in the form of dividends; by this much reducing their stipulated premiums. The surrender values paid to withdrawing members amounted to JS37.S44.!. or about Jl'uuuu less than was paid in 1Mb. Perhaps no better test of general business conditions could be found than this feature of the company b statement. With a lager amount ot business in force fewer members withdrew their accumulations.

ENTIRE NATION BENEFITED.

Prosperity of the Last Four Years Restricted to No Section. The American Railways Company controls lines of street railways in manv

sections of the country and its president, j Samuel G. De Coursey, a gentleman well known in the financial world, is enabled , to speak from an experience of value. 1 Mr. De Coursey has a deep interest in I

political issues, but has never entered the political held. He saidi "I cannot call myself a Republican nor a Uetnocn.1. bur I most decidedly favor the reelection ,t President McKinley. I do not believe that there are enough unthinking persons in the country to give Mr. Bryan tne votes necessary to eiect him. The prosperity which the nation has enjoyed during the last few years, sanding sharply in contrast with that of the period from to li. has been restricted to no section. The entire nation has benefited. There is no reason whv this

prosperitj- shouid not be continued and it i

can be by the continuance in office of President M Kinley and the adherence to the present national policy of rjroree-

tion to American industries, the develop- j

ment oi commerce and the absolute in tegnty of the monetary system.

WHAT BUSINESS MEN SAY. The answers from these professional and business men are presented herewith. They speak for themselves. They are the deliberate expressions of opinion from men of character and standing, whose words merit the attention of voters asked to decide by their ballots whether the present prosperity shall continue or whether a policy diametrically opposed to that which has been tried and found satisfactory in the highest degree shall be adopted. They present an impressive story to the voters of the country on the condi tions which have existed under McKinley, and the dangers of a change to a Democratic policy which four years ago brought distress.

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false doctrines, seriously

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this wholesome business prosrerv

For the past three years titers has beer, apparent in the business cf Ia-,ch i Sons Company a sure development f the benefits directly traceable to a better monetary condition, arising cut of the settled political and financial measures adopted by the present Administration. This company has a business where these benefits range from the small collector of crude materials to tha manufacturer of the finished product, and thence onward to the consumer. This is evidenced by the increased profit. accruing to ail of these, who la tuj-n

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per cert ar.1 the present year "up to August 1 snows an Increase o over rr cent. f:r ih eieht months" mik'r. en avjm of fully 5-1 per cent, un-i.f Mr. 5!cvir.lev s snministroe,. -o I

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5 1 fallacy, and has a rracUral waV of demonstrating- it3 belief bv " pavteg a.l workmen their wasrea .5

When the American people CnaP.-r prorour.ee upoa me great question and 6--lTTJr-t, lr TmlJ. the r-reent

financial and E-oiiUcai

aims cf the Ad-

THE PENN MUTUAL LIFE. The Company's Statement a Good Test of General Business Conditions. The national prosperity is reflected in comparative reports for l-.-li:-, and of the Penn M-Jtuai L-fe Insurance Company. In the earlier period the vo'ume nf its bnirs .,-, 1 sn.i In "the latter period j:4".'-'..2-?. a proportionate increase of rc P" cent. T-Ve statement of the Penn Mutual Life makes iatr:-stinsr readir to its policyhoiors. who now number more than HA -V' i'Ostrlbute-i over the healthy sec-tH-n of the United States. The Per.n Mu'tuai rerards this country as affording airrcj,, scope for its operations, refusing to '"so abroad for business because it reooV-ixes the peculiar hazards to which t tt--i thus be eirosed. The" work of the Per.n Mutual during tv- 'vear l-J fuliv sustains the position hr its management. It wrote neari J4J .". of new insurance on approxi-ii,a-e'v 1".S lives. .nd renewed policies r,r M f.v. lives ajrr-atir. M1 .,'.-. jnte-est earnines of the company -K-ee decidedly favorable. It realized fern this source l.&ts.?r..S, which is an '"-crea" Af C32.Sf.T. This was m the ace of the weli-kr.own fact that the tendency of interest ts downward. The s -it"s of the Per.n Mutual from mortality tavs iicta conj-iicuousli- iUrr

j BRYAN'S VIEWS UNSOTjNTJ. i i No Tinancial Institution in the j Country "Would Make Him Its ! President. j Ex-Mayor Charles F. Warwick presents stroi reasons for the success of j the Republican candidate. Ref-rrir.y to j the present conditions and the da riser ( of Bryan heresies, he says: If there- were anv reasons for h ! election of Mr. JIcKlriey four years a o. then surely far greater reasons for ; his reelection exist to-day. If there j were any reascns for the defeat of Mr j Bryan four years ago. then surely there ! are many stronger reasons for his" defeat j at this time. J The fame Populistic party, masquerad- ; ir.ET under the name of Democracy, with j the same candidate, advocatir.er the same i daneerous principles. threatens now. J n.ore thsn it did then, the prosperity, the , industry, the credit and the honor ot the country. i In the face of Bryan's woful predicj tions of four years ago. we have hd ! i ri ex-mr-.ed prsneri'y. A ariff m-!sr:re : passed in the early cays of the Adminis- ' trticr protec ted and revived American i industry to such an extent that the cur- - rent four yer will show nearlv. if

not quite, five thousand million dollars worth of product, above our own needs, disposed of in foreign markers. The financial system has been unimpaired the ro!d standard reaffirmed and the workingman is given a dollar of full value and an opportunity to earn it. Confidenre took the place of doubt ana er..- -ced idleness was succeeded by industry. A. foreign war, udertaJten ir.

the cause of humanity, was concluded briefly and to the glory and honor of the Republic, and Mr. Bryan, with marked inconsistency, now finds fault with the Administration for carrying into effect the provisions of the treaty of peace which he helped to ratify. Th-re is not a financial institution fn this lard that would make Mr. Bryan its president, nor a leading institution of learning that, would place him in its faculty, because of his unsafe and unsound views upon the financial and economic questions of the day. and yet he aspires to th-'1 Presidency of the l'nited Ptates with its grat duties and 'a t responsibilities. Brvan stands for free trade, for a deprcia'ed and an inflated currency, for the wild heresies of the Populists, for the hau'ir.tr down of the fae In dishonor, for the avoidance of responsibility by a cow.ard!v retreat from our newly acquired territory and for the abandonment of those advantage which make for commercial prosperity and trade with the East

OUR ISLAND POSSESSIONS.

No Reason Why They Should Become an Integral Part cf Our Country. Frank M. R!tr. the eminent lawyer and former Director of Public Safety of Philadelphia, writes a strong argument in relation to the duty of the nation In the government of our new Island posseagi -ris- He says: It seems a useless repetition to argue for a title to our island possessions which has ben sealed by conquest, treaty and purchase, and I will, in view of these facts, content myself by stating that the sovereignty of the United States over these islands, humanly speaking, is supreme. The United States shou.-d hold th-m. and time should not be wasted in searching for reasons either to surrender them to the native population or to dispose of them to a foreign power. The first duty is to secure peace in the Philippines through force of arm, and our second is to estabiin a colonial government that will fix and extend order in civil affairs. One cf the g-uidir.g rules of such government is the employment of the natives as soon as psible in all minor places in conducting the pubuc buisineu, to the end that, they may

learn by practise as well as by exampls the rights ar.d duties of local aIfgovernment. The American army being gradually withdrawn, a larg natlv ' constabulary, officered by Americana, should be substituted. The number of islands, tnbai differences, and, generally -speaking, the treacherous and cruel characteristics of the natives render possible show of force essential at ail times. The growth of commerce and th spread o. knowledge will be advanced by " tne establishment of order in the Phii- ' ippines, and order under the Anglo-Saxon wiii km order tprirnjiiig from an innat and developed spirit of Justice which "' will win for it-if the attachment and respect of the natives. fcpain governed these islands since the reign of Phiiip II. during which time its ' revenues were filched and its inhabitants cruelly oppressed. It i wore than folly " to suppose that the United States, after spending millions in money and untold ' treasure in tife, to fre slaves at noma. " will reverse her policy and use her power to make slaves of jople in her" possess-ions abroad. Holland has a colonial establishment at Borneo whlcn could te advantageously studied by any government having possessions near it. T T The Philippines are our new frontier. The Pacific siope in growing rapidly and -its population and commerce will, in the "' n-xt -ntu-y. rival fha' of the East.The dismemberment of h!na Is at hand, and our comwitrc wiii In the future require a larger measure of protection in J, that vicinity. I; must, not bw overlooked that the strong and military nations of Europe have moved their frontiers to ' e&stem China Fimi.lt-i eeo'isiv with our -oc-upatio-n of the Phsiit j ms. We can ' et protoct our ir.tr.'. In Asiatla waters and our '!-. me -'- and harbors on ;,, the Pacific siope by maintaining a navy--' with its base of operations and supplies " in the Phillppir.es. There is no reason under the sun why one should deoire these- island posses--"-sions to become an integral part of our country, yet tne demand for this is mad by many. Admission to im-nhip and -participation n our Government by th-' Pr.ilippines shouid not be permitted. Ad. var.tageous as the possion of the,, Philippines may be. we had better glve--them up if their possession is to entail " upon u. the obligation to absorb th!r -ten millions of brown and alien people. givir-.g them representation in our Con- " t: tit acd a lare aU controlling IulcC