AMERICA.

New Zealand Graphic, Volume XLI, Issue 20, 11 November 1908, Page 9

AMERICA.

Reports from Pittsburg, Boston, Chicago, and St. Louis indicate that the financial depression is at an end now that the Presidential election is over, and that many signs of returning prosperity are evident.

Mr. W. H. Taft the New President.

Mr. William Howard Taft has been elected President of the United States in succession to President Roosevelt, whose term expires on March 4 next. Mr. Taft’s plurality exceeded that of President Roosevelt in New Jersey, New York, and Massachusetts, but showed a decrease in the Middle West, where several Democratic Governors have been elected.

As was anticipated, the Democratic candidate carried the South solid.

Mr. Taft’s plurality over the whole country is estimated at 1,091,000. Mr. Taft’s great vote in New York State and the Democrats’ debacle in New York City, wer the most astonishing features of the election.

Mr. Taft carried 30 and Mr. Bryan 16 States. The Republicans have secured a working majority in the House of Representatives, and a two-thirds Republican majority has teen obtained in the Senate.

Mr. Taft claims to have been elected by the business men of the country. Democratic and Republican farmers, it is stated, generally supported him, and he

also received his share of the Labour vote.

The American Press display acute hostility to Mr. Bryan, and the Democrats throw upon him the whole responsibility of the party’s defeat. The “New York Times,” a Democratic organ, in commenting upon the result of the election, blames Bryan for his shallowness, shiftiness, and immense egotism. The complexion of Congress will be unchanged. President Roosevelt telegraphed his congratulations to Mr. Taft, who replied: “This victory affirms the policy of your administration.

American railroad securities on the New York Stock Exchange experienced a brisk advance when Mr. Taft's return became assured. There was grfat exeitement on the “floor,” recalling the boom at the time of the operations of the "Kaffir Circus.”

The “Times” says that Mr. Taft’s election is particularly welcome to Britishers, who believe that Mr. Taft will continue to encourage that increased cordiality with Britain which President Roosevelt startea.

lir. i’ ’ i ( ilieot into office will b« a ' i f the stability of the American foreign policy as enunciated by President Roosevelt.

Mr. Hughes Re-elected.

nee, has been re-elected as Governor r>t New York State by a majority of 3O£CO votes.

A Long Jury List.

The selection of a jury to hear lie charges of bribery and corruption .-gainst Abraham Rucf, the lieutenant of Mayor Schmitz, San Francisco, occupied ten weeks.

A thousand men were rejected, after examination, on the ground that they were biassed either for or against the prisoner.

The Kaiser in Print.

Under enormous pressure, the American “Century Magazine” has destroyed a portion of its issue containing an account of an interview obtained by William Bayard Hales with tho Kaiser during his visit to Norwegian waters. The interview included many references to current topics.

The ‘’Thue.H** New York oorreapondeut that iu the interview the KmjMTor showed anything but a friendly attitude t o Britain and some high British oHicials.

lujsurance Man iu Tvouhle

('Lark'S W. Morse. the New York banker, who was convicted iu February last of the misappropriation of funds and making false entries, bus been acquitted on a further charge of conspiracy. Air. Mei’C was connected with the Mutual K»*s< rvr Life Insurance Company, which suspended in February with liabiliiies amounting to a million and ahalf dollars.