Morning journal and courier., 1893-08-14
THE WEEKLY JOURNAL
 IS PUBLISHED EVERY THURSDAY MORNING. One Dollar Per Year Gin advance) Single Copies cents.
ONE SUmmER.


 Already the picnic and outing season begins to wane. The first katydids have spoken from their lofty perches in the tall elms their uttersnces of warning. Here and there old familiar faces, reappear upon our streets, sunburned, freshened, brightened-their long vacation over. Across old ocean's bosom come others from travel amid old world historic scenes and places. Scores are back from a con- scientious and faithful attempt to see everything at the great fair in the vacation space allowed them. From seashore and mountain, from the great lakes, from the wildwoods, come the advance guard of the host of returning tourists. Mid-August is here. To the small boy the situation re- veals itself, and the long summer vacation seems all too brief. With deep emotion he regards the near approach of the unwel- come hour which summons him back from reveling to books and study. The summer of '93 is fast departing. It has been and Is still a remarkable one. Itgoes upon record historically as the summer of the '93 panic-a season when capitalists stood at the helm of their financial crafts seeking to avert impending ruin-a sum- mer when the toiling multitudes found also cause for worry and alarm. The souteness of the panic is happily over. That the tide has turned is universally conceded, and whether the recovery is slow or rapid, the worst is over. The public pulse has cslmed down. In monetary centers the feeling is easier. No vast track of ruin remsins in the wake of the panic. The bank failures have been owing chiefly to inability to re- alize on substantial assets, owing to the financial stringency and depression. A few weak concerns that had been existing on imitation have irretrievably succumbed. Congress, with its diversity of opinions on the silver question and the various pollti- cal axes to be ground, is foundering along in discussion and debate that is exasperat- ing to patriotic men of all parties, in time like this, except the advocates of the silver interest. The President has hed from the scene of turmoil, far from the maddening crowd, and seeks needed rest by the waves of the ch-resounding sea. Reliable re- ports show that with his abundance of adj pose tissue, inability to take abundant exer- else and owing to the heavy mental strain consequent upon the financial situation and the onrush of an office seeking multi tude which confronted him on his return to Washington, his flight to the seashore is 8 commendable proceeding. Then, again, the present summer has been very product i've of object lessons. The country has been, as 1t were, a vast kindergarten. Much ss has been said on the silver question, how ever, flood of sloquence on the subject yet awaits the long suffering public in the immediate future in the halls of congress. The ultimate repeal of the Sherman law ie conceded. But there Is another object lesson that has forced itself to the front copspicu. oasly, and that is that outside of the effects of the Sherman law, trade and business suffer and lsDguish, owing to the uncertainty that is impending over the manufacturing interests of the nation in consequence oi the democratic platform and the proposed tinkering of the tariff. When this latter object lesson is completed there will prob ably be no immediate call for another dem ocratic administration.