The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1885-04-15


uct America viii be called upon to supply cxtraord
nary demands abroad while thereyiva OF oil indus.
tries by the will increase the home consumption
There has never been time when foreign war
could have such immediate, and wholesome, and
widespread effect upon American life.-Milwaukee
Sentinel.
If it is his tthe Presidcnt's) idea not to give the
country as good government he but TO give the
country as good government may rcsult from
putting the gray above the blue Communications will
need TO be much modified in the times that are COM
ing. II may be added too, that the Democrats them
serves are not altogether unanimous in approaching
and praisng the administration. Thus the selection
Oh Mr. Phelps, of Vermont, whose ugly speech about
Mr. Lincoln and about the abolition of slavery will
not soon be forgotten meets with decidedly savage
criticism in the New York World But IL Is possible
that the more Republicans commend what Mr.. Cleve
land does that is praiseworthy, the more his own
party will no disguised with him.-New York Tribune
THE Indian and Mormon questions and the improve
ment of the intelligence and fitness for citizenship Of
the coiored people of the South to which President
Cleveland alluded in his inaugural message; the
preservation of the pubic domains the regulation of
Interstate transportation and the curtaent Of pub
lie expenditures in all departments into which ex
travagance and carelessness have crept-these and
many similar questions of high moment, action upon
which has been too long delayed, give to the admins
tration opportunities for shaping the policy of the
governments, such as few party leaders newly in
trusted with power have ever enjoyed. If il shall
make wise use of them the petty matter of filing she
Offices will sink to its true insignificance-
Herald.
THERE is disposition in these days to undervalue
the Importance of political institutions and magnify
the influence of climate and nature in general There
is no very notable difference in the natural surround
ings of Irshmen at home and in this country and
tainly nothing disadvantageous in the former The diff
ference in the people is due to the opportunities
afforded in this country for getting on in lfe free
government where the ballot is the scepter of author
ity protects and fosters the entire population and
makes popular progress possible and inevitable The
trivial penalties attached by law to crimes against the
right of suffrage show that do not appreciate the
Importance of republican institutions with their in
nf rIorf
Inter Ocean.
Our misfortune Englands opportunity. Win
the situation be reversed in of protraced host
ties between England and Russal How much will
British commerce suffer and American commerce
gain ii Russian cruisers carry the wherever British
merchant ships sail the seat How much will the di
version of much of the maraitime energy of Great
Britain from peace to war count for Great Britains
nearest rival in commerce2 What measures of legs-
lation desirable to enable American ship builders
and shpowners take the full legitimate advantage
of turn in affairs favorable to their interestsl No
wonder that the men who make and the men who own
American ships, wooden and ron are watching the
interest.-New York Sun.
THE important matter to be settled before we sounf
chickens is, What will Europe do with securi
tiesl It is impossible to estimate the amount hello
there but when it is remembered what vast accumula
tions of New York Central Pennsylvania Lehigh VAL
ley, Erie Reading, Illinois Central and like securities
have been made say nothing of city, State and gov
eminent bonds and the rattetraps, it is to
that these holdings must remain in Europe there is
not to be great decline in the price of them and
damaging run on surplus. Tho danger is not that
foreigners will throw overheard good securities be-
they afraid of them, but that when the
loans proposed patriotic feeling will impel the
selling of the best Americans to assist in raising money
for the prosecution of the This state of affairs
would be to about if the be prolonged
one, it might be the result of sudden early out
burst of patriotism The effect of the in the end
would very probably, be advantageous to staple
markets; but it must not be forgotten that are
debtor nation and that not ready able to pay
debts out of the current profits even of largely
increased trade Heretofore the declaration of war
Europe has always been signal for return to this
country of large amount of securities Philadelphia
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