The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1898-06-28
THE WAR WILL PAY.
That is the View Held at Present in
Wall Street.

Mr.. Henry Clews in the latest issue
of his weekly financial circular says:
One of the hopeful features of the
situation consists in the many evil
denceS that men of business are over
coming the commercial timidity excited
by the outbreak of the war and prose-
cutting their operations with the same
confidence as if we were at peace. AS
evidence of this, on Thursday, more in
terest was taken in the college boat
race than in the impending battle
WITHIN ten days loan of IS 900, 900 has
been introduced and the reconstruction
scheme of the Baltimore & Ohio rail-
road has been launched, nOtwithstand-
ing the current negotiation of a govern
ment loan of 100000, 600. These evil
dences of confidence will beget further
confidence; and it will become more and
more evident that the war interruption
to the great revival which set in during
the last half of 1879 is but a momentary
halt. Indeed, costly as the war is likely
to prove, it is already foreseen that it
is destined to lay the basis for a great
national revival which will far more
than compensate for these temporary
OUTLAWS 1t has created the occasion
for offers of cooperation with the
worlds foremost commercial power in
the promotion of policy of peaceful
access to the commerce of all nations
and for the defeat of the policy that
would subject international trade to
military dictation and monopoly. These
are among the things that the war al
TeaQy OfIefS us as It's rewards, ana II is
not surprising that the spirit of the
people is becoming more confident and
hopeful.
The following is an extract from a
letter which recently received from an
influential member of parliament repre-
senting one of Great Britain's largest
cities, which speaks for itself:
Just a line to say that 1 do not
agree with your circular letter, which
I have just read, where you suggest
that the Philippines should be given
back to Spain for Cuba l hope you will
keep the Philippines. 1t is time your
people began to do some work in the
world outside your own country You
will have to do it eventually and you
may as well begin now wait. am
afraid it will not be many years until
we have to do some joint account fight
ing with continental countries for pos
session of the parts of the world which
are nliSgOverned at present"
The following is my reply thereto:
II have your esteemed letter of the
10th instant, and your views about the
retention of the Philippines are getting
to be a growing feeling here. The posi-
ton which your country has taken in
sympathy with our own has revolu-
tionized the feeling of the people of
this nation. 1t is a common thing in
theaters and large assemblages where
they have bands of music, after playing
the Star Spangled Banner to tune up
God Save the Queen, and the enthus-
iaSm is almost as great for the queen
as it is for the president of the United
States. 1 have in my Office the English
flag by the side of the stars and stripes,
and it is no unusual thing now to see
the Union Jack unfurled to the breeze
in different parts of the city. All this
represents an unmiStakab1e desire that
the English-speaking race should stand
more unitedly together hereafter. That
union means the domination of the
world and peace, prosperity and civiliz-
alton TO mankind