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18 TARE MaRINE REVIEW THE BATTLESHIP NORTH DAKOTA BUILDING AT THE YARD OF THE FORE RIVER SHIP BUILDING CO. TAKEN ON JULY 1, SHOWING HER 40.5 PER CENT COMPLETED, there is a general feeling that the nominees of the Republican conven- tion are absolutely certain of election. When that time arrives, it seems to some of us, at least, the iron and steel industry of this country will be prosperous. "The necessities of the purchasing community are greater than ever be- fore; and the ability to pay is greater than ever before. Of course, the lat- ter part of the statement is subject to some modification. Many of the railroad companies are at present em- barrassed by reason of the lack of funds, but these difficulties will sure- ly, even though gradually, be over- come. Many of the railroad compa- nies have already taken steps to finance their requirements, and all are beginning to realize that money is plentiful, and cheap and easy to obtain when first-class securities are offered. "All that is requisite to 'bring about satisfactory business conditions is the restoration of perfect confidence, and that appears to be near at hand, In ' many lines of business there is no ground for complaint. In some dc partments of the agricultural im ment trade, for instatce, the sales pe day are now the greatest in the h tory of the country. This shows t a demonstration two things: That th farmers, the great wealth producer of the country, have confidence financial conditions, and that they ar satisfied with crop prospects for th year. : B "The basic conditions of the coun. try are sound. First of all, the moral tone of the people has been elevated Multitudes have 'been thoroughly con- verted to the doctrine of a 'square deal.' It would be useless for any of us to deny that we have been aroused to a keener appreciation 6f the old maxim that "Honesty is the best policy.' Full credit will be given to President Roosevelt for. the ef. forts he has made in raising the standard of business conduct. Pos- sibly in the determination of some -- questions, or in the methods pursued a by some of the members of the. presi- dent's official family, mistakes have been made. If so, it is to be regret- ted, for it is most unfortunate that as the innocent should suffer for the of- fences of others. But that the mo- tive has always been right, and that the total result of the policies. of the present administration will be of great and lasting benefit, is the gen- eral opinion of a grateful nation. "Again, it is a day of conciliation and co-operation between competitors in business, principal and customer, the employer and the laborer, the government and the citizen, the pub- lic and the individual. The idea of THE BATTLESHIP NORTH DAKOTA BUILDING AT THE YARD OF THE FORE RIVER SHIP BUILDING CO, TAKEN ON JULY 1, SHOWING HER 40.5 PER CENT COMPLETED.