The times. [volume] (Richmond, Va.) 1890-1903, 1900-07-28
CURRENT COMMENT.

eNeNIiGSS Gays.
CURRENT COMMENT.
The cable interview from Mr.. James r.
Keene about the stock market reflects his
well-known bearish view of everything.
Mir. Keene thinks that the market is en-
tirely too high, and that no matter whether
Mckinley is elected or lot it VIII so down.
So far as he propheses that Wall Street
is going to discount the election Of Mchin-
ley, he is perfectly correct, for they will
likewise discount the election Of Bryan II
they count that as Reasonably certain.
But according to the Boston Transcript
the advance since SO is one that VIII pc
held with. perhaps Slight secessions as has
been shown by the SteadincSs of standard
stocks during the Chinese trouble, and II,
spite OF the opening OF the campaign.
The difference between conditions now
ana four years ago is illustrated sharply
an the stock market. 1t was about this
time iii 1856 that Mr.. Bryan started to in
wade the ''enemyS country and the scare
in the stock market painfully reflected the
general unrest and panic among business
men every where over the outlook Tor the
election. After the Candidates speech n
New York early in August the turn in the
tide set in and since then the country has
been recov ering and expanding its indus
try, with cores Onding advance IN stocks,
as business had q fair chance and the
railroads made great profits under the
grand conditions of SUCCESSIVE business
Of the last three years. From an average
of $50 for twenty-five leading Wall Street
stocks August s. 1886 there was an adj
vance to 107 SIS i'll the same stocks April
8, 1853; to-day the average Of these shares
is %. That is, of the rise of S52 IN the
average, but so has been lost net to date
An interesting letter III the New York
Sun on the Chinese situation shows
the application of biblical prophecy to the
present situation. The letter is from the
Rev. DR.. Haldeman.
Il look on the Chinese questions wholly
and alone from the prophetic side. What
ever the Developments now, l am abso-
Iutely sure that in the future Russia will
gain the supremacy. 1t is also true that,
taught by Western genius, the Eastern
hordes VIII yet break in awful avalanche
OF, the West. The greed, the rapacity. the
Christiess, goddess selfshness of European
nations will get its reward. All the Chris
tianity that has been wrought in China
will be small, counting III the terrible final
balance that shall be made against So
called Christian nations who have pols-
oned China with opium and made them
look upon CHRISTIANS DIS only 6tilCttlt1 u.
vision of rapaciOuS foreign devils.
CONSIDERED morally, there are two
sides to the question. These Chinese are
fighting for their homes, their land, their
institutions. They know the Christian
nations are ready to rob and cheat Them
and when they fir.d the missionaries
backed up by guns and swords and blood
thirsty CossaeSs, by rude &na soo'ess
soldery, ready to kill and Stay, they are
only the more infuriated and determined
in the opinion that any white man is
devil and needs be slain.
1T was not so that Paul won Macedonia
and Rome When he went to Rome he did
not say, Down with Nero! Down with the
mowers that ben on the contrary, he
counselled Christians to recognize that
here Negroes government bad as it was,
! was permitted of God and that Christians
should submit.
1T was by the blood of martyrs our
Church won at first; not by the blood OF
their foes, but their own blood; not shed
with arms in their hands, but shed e. the
stake or rack or block with prayer on sheir
lips ana love in their hearts.
The Boston Transcript says in regard
to Mr. Astor's celebrated faux pas in Lon
don:
THE Astor4NIilne episode is, it appears,
rot Vet closed. IL Is no" Itlipl tSNi tiistl
Astors extraordinary conduct was caused
bv violent disapprova of Sir Archibald as
= prospective son-in-law. He elected the
baronet from his house, 1t is said as an
Objectionable sutton for the hand OF his
daughter. Sir Archibald seems to be a
persistent gentleman, for he has followed
the Astors to Marienhad, supposedly with
the Intention of forcing the millionaire TO
give him satisfaction or consent to his
s-,,i+ re- oy-i6pDtv of the opinion that
| even an obnoxious sutton has some rights
which an enraged parent IS bound TO re-
spect.
Now comes the desire to put rev chairs
in colleges, and good old Iowa is teaching
the young man how to rise to an editors
chair without beginning as printers
| devil:
1t is reported that the State University
| of Iowa has established a lectureship in
| Journalism. This is Tot an innovation, as
| similar action has already been taken by
| other institutions. The University OF Chi
| cage, indeed has a full-hedged department
| of Journalism. IIore lectureshaps OF this
| kind are needed to meet the growing de-
nard for special instruction by stuientS
who intend to make journalism their pro-
fession In the past Journalists nave got
their training entirely in practlcs. IN the
future they will get it partly IN the Schools
a journalist cannot be made IN the Glass
ROOM any more than a lawyer, DOCTOR
or a teacher. But many of the Things that
go TO the making can be successfully
taught in a university course hitherto
Journalism has been the only lloeral pro-
fession for which no special provision was
made in the academic curriculum. Inc
new bachelors Of journalism that the
schools will turn out in the future may