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A Contrast

A Contrast image
Parent Issue
Day
17
Month
February
Year
1892
Copyright
Public Domain
OCR Text

The contrast between the business condition of the United States at the close of 'the years 1891 and 1890 is thus forcibly presented in a recent testte of the Baltimore Manufactiirters' "World: December, 1890. December, 1881. Agreat panic Thepanic has passed. Ínfíi!ksUand01bIadnk. Banks and banken ers failiiig. enthusiastlc over the outlook. Distress everywhere. Confldence everywhere. -o .iimiuf Trnn nrodviction and biast. consumption steadily increasing. No demand for steel Six hundred thourBija sand tons of steel rails rausalready ordered for 1892 Smallest erain erop Largést grain cr9ps for mauy yeare. rJ ffiffi 300.ofiO,000 bushels. Railroadsfightingfor Railroads taxed to the little business their utmost to handle ïpri-e their business, with ai B" mpreeedentedde mnnd fnr p.ars. Exports of The heaviest gram stuffs very small. exports ever known. New failures every New enterprises dav every day. Stocks decliniug- Stocks advancing- divideuds passed. dividends declared, and in many cases the rate iucreased. Capitalists afraid to Capitalista seeking invest- no coufldeuce good investments. "ïhe' outlook f or the The outlook promises immediate future a year of phenomenal mal bevoud descrip activlty andpiotperity tion. " n 1892. To -svhlcli vrc. may add that the wage-earners as weU are prosperlng, and that lor all tliis cverybody should tbank out enormous crops and the well nurtured republlcan policy of protection and i-cciprocity. The present congress is already a mullan dollar congress. That is, lts members have drawn a cool $1,000,000 ín salary, and have not done one sta-oke of vork to pay for it. What do the peoplfe think a.bout it ? All hand work- Manuscripts. A full apology- " 'Cuse me, hic." Boies oí 'Ü2- The governor of Iowa.

Article

Subjects
Old News
Ann Arbor Courier