The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1883-08-30
SPIRIT OF THE PRESS,

IN politics, as In war, there is such thing as
being to confident The victors who sit down to
commit great error. The Ohio Democratic
champions have committed this irreparable blum
der.-New York Times
ALTHOUGH the life of the Republican PARTY ia
yet a brief one, it's Presidential nominations
have been free gifts. In the cases of Lincoln,
Grant, Hayes and Garfield the office sought the
men Each possessed within himself some
thing which compelled party homage and united
public confdence.-Cleveland Herald
THERE Is no reason why the rate of drop-let-
ter postage should not follow regular postage
IN Its descent. Congress cannot do more just
or more popular act than to consider the subject
at an early day, without too much fear of the
Dugaboo OF a possible deficit of a few hundreds
or thousands. st. Paul Pioneer Press.
THE greatest men of all the States have made
mistakes. it Is the part of wisdom for this gene
GRAFTON to profit by experience The south will
not return to Calhoun's secession theory.
Neither will she, after a political, social and
economical revolution, subscribe fully to his
free trade Augusta (Ga) Chronicle
and Constitutionallst.
A LITTLE timely protection for the agricultural
interests OF England would undoubtedly have
saved it from the decay which has fallen upon
Inc British theory of underselling the world
might be carried into effect. II suffers for lack
or that protection which would foster healthy
competition at home.-BostOn Journal.
THE fate of the lender is harder than that
or the borrower when disaster comes, and if the
business has been honestly conducted the re-
suit should be borne with whatever equanmity
can be commanded But all business is CON
neeted so largely with credit, TO sustain that on
q proper basis should be the special aim of all,
for all are interested.-BostOn Advertiser,
1T would be curious sequel il the statesman
who most powerfully opposed the occupation OF
Egypt should in good faith have taken the first
steps toward the conquest of Egypt. His coun-
trymen gave up The American colonies when
force compelled that course. We believe they
abandoned the Ionian protectorate voluntarily.
With these exceptions Britain has nevsr raised
her foot from where she planted it, nor will Eu-
glishmen readily yield Egypt.-Cincinnati News
Journal.
THE act of the last Congress touching postal
rates is not a 1inality. The American people
Will take great pleasure in sending their letters
for two cents, but Congress, in the near future
Will have to increase the weight transmittable
at TWO cents to one ounce and establish the ra o
OF three cents for two ounces That will save
both the government and letter writers the cur
rent trouble about dues fractiOnals. Then
again, 1t will only be fair to reduce newspaper
postage One-half. and to establish the one cent
rate for local letters. louisville Courier-JOur-
nal.
THE investing public have "struck" against
the Wal-street operators, and will not take their
securities even at present low prices, because
they suspect bad management and trickery OF
the part of those who have them to SELL The
operators are meanwhile striving to "fx" "a
price for their stocks and bonds which will in
| duce the public TO buy. Any seller "fx"
prices, but IN order to be able to sell ne must
settle upon such price as will satisfy the buy
or. 1t is no different with the workingfnan; he
too, must consult the wishes necessities OF the
second party.-New York Herald.
THE fact is that the trades-unions have not in.
creased the actual earnings of laborers, as they
pretend. This they have done, il is true they
have caused nominal increase in the wages
paid per day or per ton. But, in conscience,
they have been employed fewer days in the year.
Less iron has been mined and smeited and mau-
ufactured than would have been If the wages of
labor had been lower Less coal has been taken
from the mines; half time or total stoppage for
months has left the miner less money for the
year than he would have earned at lower wages
with full employment.-New York Tribune.