Abstract

The Week

This article presents information on political developments in the United States. The year 1888 will long be remembered as a period of continuous decline in prices, resulting in an increase of 50 per cent, in the number of failures in the United States, and 70 per cent, in their aggregate liabilities; a year in which the expansion of the railroad system suddenly decreased from the building of nearly 12,000 miles of railway in 1882 to 6,600 miles in 1883; a year of liquidation and contraction of enterprises. The temperance leaders in Ohio have formulated an ambitious scheme for work in the approaching Presidential campaign. They are going to send a petition, signed by Republicans only, to the Republican National Convention, and another, signed by Democrats only, to the Democratic National Convention, asking each body to come out in favor of submitting a prohibitory amendment to the National Constitution.