The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1895-12-23

Venezuela. A dispatch from ottawa
says:
zone result OF the war scare will be
in the thorough equipment Of the Cana
| dian forces. The country viii not be
satisfied till all are armed with the
Lee-Metford rifles, II is gratifying TO
note that the scare seems to have
drawn Canada closer than ever 70 Eng
land. Everywhere the firm determira-
tion Is proposed 70 hold by the old flag.
come what may"
| Cleveland Is in no small MEASURE re-
sponsible for the ruin OF hundreds OF
capitalists in Austrin. The Turkish
| and Abyssinlan troubles had shaken
| the Vienna money market TO Its foun-
dation, but the New York panic gave Il
| Its coup de grace, from which II Will
| take months TO recover. In Saturdays
| panic on the bourse prices receded by
leaps and bounds till they reached a
figure lower than for years past. The
Austrian credit mobilier fell 10 forms,
the Hungarian credit mobilier 20 and
| the Austrian state railways 20 from
Fridays prices. II Is impossible to es-
Innate, even roughly the consequences
of the panic"
The Berlin dispatch says:
"The tidal wave OF financial panic
which has rolled across the Atlantic
for the past two days has not spared
the Berlin bourse. which was In a state
Of feverish excitement on Saturday.
| speculative securities declining 10 per
cent. The Boersen Courier merely re-
fleets tho temper of financial circles
here when II describes President Cleve-
land os speculatlng by his wanton pro-
vocation OF England on the meanest
firm Of national feeling
A Bluff.
'It iS argued that country, which on
the first appearance OF q war cloud.
suffers loss, according to one estimate
from New York, equal TO the whole OF
the war indemnity which France paid
Germany, is not In o position TO waBe
| wnr, especially ON such trumpety
Issue. There Is little inclination here
to take up an American loan, while
Paris can scarcely meet the Teduirn-
ments OF It's old clients In Turkey and
Spain. The want OF money, it's trie.-
never yet prevented a country from
rushing into war, but seldom does the
decision rest so largely as In America
| with the class whose pecuniary Inter
ests are so largely at stake. On the
other hand. fears are expressed that the
magnitude OF the losses already stis-
taIned will induce feeling OF despera-
tlon, and there are many business men
who stu remember the enormous for
tunes made In America during the ciyil
The dispatch from St. Petersburg
says;
cannot help showing satisfaction at the
serious turn the dispute has taken.
'sThe Novoe Vremyn Is at no pains
to hid its real sentiments towards Eng
land. II declares that Lord Salisbury
has already radically changed his east
ern policy ny positively refusing any
further support 10 the Armenian agi-
tation on the ground that Europe does
not sympathlEe with Armenia"
The dispatch from Rome says:
public opinion Is unanimous against
President Cleveland. The financial
panic has no perceptlble influence
here"
Partisan CriticiSm.
Speaking Of the action OF the senate
on the Hit bill, the correspondent saysi
"Messrs. Lodge and Chandler took
command OF the party amid applause
from "A gallery crowded with lingo
spectators. The voice Of the American
people Is declared In the senate by dele
gates from the streets much as Il used
to be In the French convention by the
representatives Of that large popular
constituency which Bismarck in his
time described as gentlemen of the
pavement But do not think the best
Americans approve of this new method
Of influencing legislation, nor will even
submit permanently TO the leadership
OF Messrs. Chandler and Lodge"
The financial article In the Times to-
,sttNH AtshafRh Nha mania
has Buhslded. II will take O long time to
repair the injury done. Probably Pres
ldont Cleveland was deluded with the
idea TINT, whatever the result OF the
message, be could easily borrow on the
continent. Such deluslon would not
have mlslod statesman trained with
foreign afiairs. There 10 no doubt that
America can obtain loan in Europe
at q price at n ratio with the discretion
shown by American statesmen In deal
Ing with the present difficulty, they
viii largely reply upon American rc-
sources until American confidence 10
restored In europe.
Tho Times editorial will say:
president Cleveland's manifest In
capacity to understand the effect bis
war.llke message would have has shat
tered tho confidence felt In him as Pill.
lar OF sound finance and tho mninstay
OF public credit II would bo O strange,
though not an unnatural result OF Pres.
ident Clevclnnd's action, were hc COM
pelled TO assent TO an increase In the
tarif md TO agree to the demands OF
the silver ring"
Mr.. i,aboucherc In Truth, regreta the
bullying tone OF Mr., Cleveland, but con-
tendH that England ought TO submit the
whole boundary question TO arbitration.
''The Monroe doctrine has become o
doctrine OF faith with America" says
MIR, Lnbouchpre, PLENTY OF Ametis
cans are willing 20 fight for T."
Tho New York correspondent OF the
Times nnysi
''PcrhapB because II is Sunday, por-
hnpa because df some financial disas.
tors. perhaps because OF wnr talk and
Of the widening conviction that nOr-
nlstcncc In the present policy may
deepen Into war, perhaps for other fpas
sons, there In to-day q sensible Inn
provement In tho situation Tho lca-
sons " Friday and Saturday have not
boon Lost, Tho people OF the United
states hrC at least q thousand million
dollars poorer than they were last
Tuesday, when the President launched
his message and menace 0t war"
lie aayH OF the second meaanEG
at haH not IN truth, been well 70.
cclVcd. Tho incredible cynluism Of tho
message has angOrnd the community,
which well knows that liz present dis
lrosa Il directly truceablo 10 the pree.
idnniia pniiuY.U