The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1898-06-20
OUR GREAT PROSPERITY.
General Condition Such that We
Should BE Glad to Be Alive.

Chicago Bonds and Mortgages.
I'VE are, living now in the best days that
the world has ever seen. The spirit OF
cruelty, oppression and wrong is dying, and
the spirit of justice and liberty is rising
and advancing to take possession OF the
hearts of men, and will, if our prediction be
true. also take possession in due time, of
the kingdoms of the earth.
The domestic affairs of the country are
now in a general sense in splendid condition.
Agriculture the mother of our wealth, was
never more hOuriShing, and her daily bulle-
tins afford us expanding computations of the
growing products and maturing barvests of
the present season.
Our great iron and steel industries, that,
to-day, almost surpass in volume of output
the aggregate of all the similar industries
of the world, never were so busy, and are
giving profitable employment to thousands
of men in the mines, furnaces and mills, and
an increasing export trade in the finished
products of this metal is beginning to con-
found the minds of Englishmen who are
alarmed at the magnitude of our successful
competition in European markets:
The long depressed cotton manufactures
of New England are reviving, and are, now,
under the stimulus of war prices, resuming
business in mills that have long lain idle;
only one mill in the great weaving city of
Fall River is at present unemployed, and
that one is cleaning and repairing to make
ready for q fresh start.
Every coal mine and coke oven in the
country is adding to it's force of employees
and it's productive capacity.
Inc raito 5 were meyer c,,od boeIs
their monthly tables OF earnings snow
handsome increase regardless OF reduced
and demoraliZed freight rates.
The vast tonnage of the great lakes is in
full and active service, carrying grain, coal,
ores and lumber in volume greater than
ever before. The live stock and packing
interests of the West are profitable to both
producer and packer. yielding, especially, to
the stock raiser a handsome return on the
capital invested.
The rates for money are FAIR and easy,
high enough to make banking profitable and
low enough to make borrowing equally II
not more so. Deposits in the banks, more
notably in the West, have increased re-
markedly, two OF our Chicago banks alone,
reporting the enormous sum of eighty mil
lion dollars. Higher prices for almost every
raw and manufactured product are cur
rent and wages are gradually but surely
advancing to a compensating parity. The
gold standard has ceased to be the butt of
contending politicians, and now STANDS out
like an ample light at the summit OF our
tower OF national strength, guide and
a security against monetary danger
We congratulate the people OF the United
States that we are living under the best
and strongest government in the world, and,
just now. we are enjoying the prosecution
or righteous war against foreign Zoe,
who is disgrace to. and an enemy or man
kind, and are waging this war with an as
surance of certain victory, and at the same
time we are entering upon new ana splen-
dld era of general domestic prosperity tnal
VIII enrich and strengthen every man ana
woman who lives in this heroic age, unoer
the protection Of the American nag.