The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1894-07-20
DISTRACTIONS REMOVED.
The Dams Have Been Swept Away and
the Country Is Ready for business.

lHleTNleW WIN NJ. DepeW.
I'm getting the opinions of railway men
by long distance telephone and telegraph,
to-day, to the outlook added Mr.. De-
pew, Il have received the first encourage
ing word for reviving business and better
traffic in the fall and winter that has come
TO me in six months. The general impress
sion among these hard-headed and shrewd
observers Is that the unrest OF the country
had to find vent explosion in some vio-
lent form. 1t found it in the largest and
most extended strike we have ever had in
this country, up to that time, by the coal
miners. But ii found ii with a vengeance
in the suspension of traffic and the paraly-
United States for ten days on the order
of Mr.. Debs. The unrest was the revolt
of physical and mental disasters against
been created by bumptious mistakes at
Washington and the lack of properly filed
bumps in that locality 70 remedy them
of more far-reaching effect than ordinary
labor troubles because of the extensive
sympathy they received from business men
OF all kinds. constituted the rising flood
which carried away the dam that was OBJ
Structing American development and pros
perity-or rather intended TO carry il away
and now IL looks though the stream
might flow on whether Congress builds
any more dams or does not build them;
though, If Congress will stop building dams
or will do their best and quit the reac-
ton would be immediate and emphatic.
"ETerybody who has money" continued
Mr.. Depew, lis tired OF getting ! per cent.
or no per cent. for il. Every business man
who has been lying his is crazy
to do something or engage in something
which he understands. Every enterprise
which has been dormant is feeling its way
for capital and confidence. Labor is every
where eager for work, and employers still
more eager to open their works Ii only
requires the normal machinery of the coun-
try to move in a normal way. for con-
sumption to again make demands upon
production. When the history Of This panic
comes to be written and the troubles in
cident to it, one of its remarkable features
Will be the effect upon railway traffic and
upon all business of 65.000,00O people, OF
those who had to and those who had
need to economic, but did so in every pos
Sible way. When one family uses the old
stove, with the cracked lids. and pastes
paper over the broken pane of glass, and
does not renew any of the furniture or
crockery; when they wear last years
clothes and go from food which might be
luXuries to food which simply support life,
the economies are demonstrated which fol-
low a total partial loss of income. Pre-
cisely that process has been going on FIR
two-thirds of year among 90 per cent. II
our population. 1t has made clear the fact
that the American people, who are
charged. and probably justly with being
the most eXtravagant people in the world,
can live as closely as anybody when it be-
comes necessary. But the effect upon mer-
chants. middlemen and carriers in the VOL
ume of their business and their profits is
disastrous beyond any process which has
ever affected the business of the country"