The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1897-02-08

willing to move with events; and events have
been and are now taking a notable turn for
the better. Sc far as may be inferred from
current political incidents and from the utter
anceS Of the late extremist press, there is a
marked reaction from the ante-election sill
yer craze. Bryan and Organism are becom-
ing discredited so far as respects their cur
rency theories, and are now showing more dis
position to accept a settlement Of the money
question upon sounder conditions. There is
also a reaction from the violent spirit in
politics which helps to lessen the apprehen-
sion on that score. The masses begin to dis
cover that they have taken too large a dose
of Organism, and are now applying to other
doctors for relief from it's nauseating effects.
To q very important class of people, perhaps
nothing could be moro assuring than this
manifest reaction from violent radcalsm.
Furthermore, we are no longer appreEensive
OF international entanglements. On the con-
trary, the government has set before the
world the most striking exhibition of a spirit
of international peace that any nation has
ever afforded. The arbitration treaty is more
than an expression of policy; it will conSti-
tute a great moral force. binding our people
to the maintenance of friendly attitude I'M
der disputes with other countries than Great
Britain merely, and which will diminish to a
minimum our risks of foreign war. The crit
ical attitude Of the senate towards the treaty
though perhaps needlessly depriving the great
achievement Of its eclat is not likely to de-
feat its final ratification. The notifications
deprive the compact of none of its essential
features, but substantially leave 1t unim-
paired for all its larger purposes. 1t is not
to be expected therefore that this new slim
illus to the public confidence will be appre-
Gladly deprived of its benehcent tendency by
any action Of the senate.
The president-elect's selections for the two
leading positions in his cabinet have had an
assuring effert The feeling is general that
the peace and good order Of the country
will be safe in the hands of Mr.. Sherman
Mr.. Cages acceptance Of the treasury port
folio affords an accession of strength to the
sound money sentiment OF the country. The
new president and his secretary Of the treas
ury will without much doubt give a distinct
direction to the financial policy of the Re-
publican party and Of its representatives in
congress. This Is an invaluable contribution
towards confidence among the class who con-
troll our financial interests; for, even if the
senate should prove obstructive to currency
reform, the change in its personnel which
will occur in two years hence will only be
the more surely in favor OF sound money
from the fact that their predecessors have
In this matter done violence to public opinion.
With the president and a forcible minister
OF finance united in this policy, currency re-
form cannot suffer more than a temporary
defeat; its ultimate adoption within the four
years tenure of the Republicans is assured.
me Improvement In the conditions here
noted and the more hopeful political aspects
generally have silent but very powerful
mnuence In favor of confidence. They are