| Show TRADE A D WAR The latest news from England and Russia Rus-sia that the relations between these countries have been strained to a point where they can no longer bear their burdens and each is making active preparations pre-parations for war England apparently being more active and intent upon war than Russia but it is more seeming than real on Englands part Russia be it remembered has long been moving and mysterious and when she has been asked by England what areyour intentions and where are you going she has ever replied re-plied peace and nowhere At last Mr Gladstone has aroused from his apathetic interest in foreign affairs an apathy which comesjnore from his intense hatred of jingoism and TOry brag and bluster than anything else and to Englishmen English-men and Russophobisls it will be very gratifiing to learn that the Afghan question has his constant and untiring attention at-tention The naval and military pensioners pen-sioners at Portsmouth dockyard are to be in readiness for medical inspection while the Channel Fleet is ordered to proceed to the Mediterranean So far all is conjectural con-jectural as to the actual outbreak of war between these countries but the prospects pros-pects are such as to cause panics in con sols in Lombard Street and around the Bank True stocks and money are the most delicate and sensitive of thermometers thermom-eters and rise and fall with every startling start-ling rumor and reassuring statement and yet they are straws which rarely reverse These rumors with the attempted coup d l etat of Barrios in Central America have been sufficient to greatly strengthen the wheat market and wheat is our one product that more than all others makes or mends bad times In this respect it is more potent than ironWhen When we reflect that for three seasons our wheat crop has been unprecedented in its yield and that the demand for it has been greatly lessened by foreign competition com-petition and that chiefly through the opening and extending of new wheat fields in British colonies and especially in India toward which Russia is now advancing ad-vancing and which is likely to spread an epidemic of Asiatic cholera in England a demand for our surplus will probably be made In Europe Russia is our competitor and Odessa rivals Chicago Russia being be-ing in the fray will be compelled to husband hus-band her resources for her own consumption consump-tion as the coming season may be spent in war and at least in watching and not in the development of her natural resources re-sources Our cisatlantic rival in the wheat market mar-ket is Canada and the new lands of Manitoba Man-itoba as yet have not approached Minnesota Minne-sota while the Canadian Pacific so far does not affect the transportation to the seaboard of grain cargoes destined for foreign ports These are the things which are today giving a new life to the business busi-ness of the country but what the length of its thread will be cannot be told Can American fanners supply the prospective pros-pective new and growing demand The report of the Commissioner of Agriculture Agricul-ture published a few days ago says that as compared with the reserve of wheat held by the producer last year the returns re-turns for this year show that about 4 percent per-cent more of last years crop is still held by the farmer than was held by him last year of the previous crop and the reserve itself is greater It is evident they can Let us recall the times of the outbreak of war between Russia and Turkey in 1877 The business of the whole country was as depressed then as it is now and the bank and other failures of that year were more numerous and more disastrous than those of this and last year The strike of that year came in midsummer and not as this year in the early spring In that year the strikes were not confined to the railroads although starting with them but spread to all branches of industry in-dustry It is not so today and the strikes are not now spreading and are less serious than a day or so ago In this Territory today business is looking better than many would admit or wish and will bo better if those who arc now here will attend to business affairs and let the Administration attend j I to its affairs |
