AMERICAN TRADE "BOOM"

Taranaki Daily News, Volume LI, Issue 242, 6 October 1908, Page 3

AMERICAN TRADE "BOOM"

■ QUICK. RECOVERY FROM THE DEPRESSION. London, August 15. ■ 'Prosperity is returning to the Unit /States. The recent depression was only ft temporary set-kick, and there are indications of a strong trade revival all over tie country. This was the substance of the opinions expressed by leading members of the United .States ifonctarv Commiseion; a,s well as by other inlluentHl American visitors who are now in London. "You cannot expect a man who lij* had a serious illness to 1«> himself again in a day," Senator .J. W. Daniel, of Virginia, one of the leading members el the Commission, said to an Express '"c preventative, "but there is every jmli cation that Uncle Sam is mending fast I should not be at all surprised if the country begins to experience an unexampled prosperity before very long. "I have travelled about the country from Colorado right to tile Atlantic recently, and I have found evidences of renewed prosperity on every hand. Better crops I have never seen. Com is good, wheat is good, and the fruit crop is good also. "Why, in Texas alone, I heard the other day, 6000 carts were not enough to move the water melon crop. The gigns of good times, liowcvcr, are not confined to the farmers and agriculturalists. . "Factories and mills that had been closed are now being re-opened. Tlie amount of unemployment is lessening I and it is onlv a question of time until the United States is riding 011 the top of the crest of lie wave. "Is America hurt? Xo. sir! Amerra has suffered nothing worse than a slip on a piece of orange pech You wait and see ii I am not right." Ex-Governor Myron T. Tferriek. «f Ohio, another distinguished American visitor who is staying at the Ritz, wis equallr optimise. . . "It has been a period of inflation u»|. lowed by ft crisis." he informed the E--presft representative last nisfht. 'P' of commodities went "P and 40 ]i r cent. To cap ifc all came the nationa election, with the talk of lion of railways and all such } "In spite of "this, prices are goinfT down and factories rpeninff. Tfc cannot be verv lony before condition* not only reach tlieii- l-vel. but c.o unwards in l'i f direction r.f unprecedented pivsncri'v With a r-onntrv of -wh wonderful DAtirecft nothing «.U» enn b.» evaded. "Once "Mr. Tiift elected TVr-siftcnt - Wild -Ins prospect« nf eVe:-tion ?r««w brighter every Hay—T shall bp mstm Ished it American prosperity take a very great jump upwards."