The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1900-10-20
He Regards the Financial Question ~
the Most Impor tanf Issue BE-
fore the Country.
HENRY C. PAYNE CONFIDENT
WILLING TO BET TWO To ONE THAT
M'KINLEY WILL BE ELECTED.
He Says the Presidential Fight L. .
..Picnfc- for Republicans.
who Cannot Lose.

NEW YORK. Oct 19.-President Chas.
w. Eliot. of Harvard University. con-
tributes 10 the Outlook for Oct. 20 an aca-
denic article on Political Principles AMI
Tendencies" in which he supports the Re-
publican national ticket lie says he re-
CARDS the election next month not las a
supreme crisis. like the second election OF
Lincoln. but only one Indispensable act in n
long drama.
Dr. Eliot takes the hopeful view. He
points out that 1.-The American people have
long had a characteristic political and So
cial enthusiasm. Their steady. pas
sionate sentiments are for the security.
prosperity and honor of the Republic. and
for the spread among the white races OF
free institutions and of the good social
conditions which grow out OF them
At the outset DIR. Eliot says that IL
seems to him those men and those parties
that suppose the American people likely 10
be permanently guided in their political
action by any sordid cormercialism or
other form of national selhshness are griev-
ously mistaken. Some party managers and
all mercenary voters are governed by mean
motives, but the mass of the people is
never much influenced 10y pecunisry con-
sheraton in politics.
In his discussion of the issues President
Eliot puts sound currency first. and lac
says: AT this moment the great cause OF
sound currency is defended by the RepuD-
lican party alone" Second i'm Importance
I'm domestic politics he places "a public
service based on merit only" and says that
1.-The personal and political history of the
candidates of the Republican party should
cause them TO be preferred on this issue
to the candidates of the Popu-
list party: for of the two candidates nom-
mated by the latter party, one is a motor
ious spokesman, and the other. being
civilian without military experience. accept
ed a coonelcy in time of war. That act
speaks louder than orations."
His third important point is made in
favor of the Republican policy of rcciproc-
ity, as a longer step toward free trade than
the theories championed by the Democrats.
He strongly condemns the Democracys
attack on the judiciary, under the guise of
opposition TO government by injunction"
In regard to foreign affairs he says.
whenever powerful nation goes TO war
no man can tell what the real issues ara
TO be. The war for Cuba was no excep-
ton i'm this respect IL had inevitable con-
sequences, which no mortal could have
foreseen. and the gravest of these conse-
quences are that the country Is already
committed beyond immediate recall to the
maintenance of n large navy and a consid-
cradle army, and that IL is involved I'm the
struggles Of the nations OF Europe for new
territory, influence and trade in the far
East. Under these circumstances the patri-
otto citizen has TO consider this fall whether
the public interests to be better ad-
vanced by maintaining in power the present
administration. with all its shortcomings,
or by providing wholly untried one
He says shat, ccspite the different phrase
oogy employed. Mr.. Bryan's outlined pol
icy these questions differs little from
Mr.. Mckinley's, and that little tends 10
added perils. Therefore, while he criticises
the administration for some of its acts. he
sees danger in a change. On this point he
says: THE patriotic citizen may well hesi-
tate to contribute by vote influence to
complete change of administration. Pres
ident Mckinley is now surrounded by Cab
met officers of capacity and experience. and
he has put good men at the head OF affairs
I'm Cuba, Porto Rico and the Philippines.
while in case of a change I'm the presidency
nobody tell to what sort of persons
the great Offices of the government would
be iltrusted."