Rensselaer Republican, Volume 27, Number 13, Rensselaer, Jasper County, 22 November 1894 — AN ENGLISH ESTIMATE. [ARTICLE]

AN ENGLISH ESTIMATE.

The London Times, in its financial article, Nov. 12, says: The Stock Exchange view that the Republican victory in the United States will insure stability in American finances is intelligible and sound, but it would be dangerous to prophesy on such a subject. No doubt President Cleveland would veto any mischievous Republican measures, but Congress could injure trade by the mere discussion of contentious bills. It cannot be insured that no attembt will be made to reform the tariff. It is by no means Impossible that a coalition of a section of each of the great parties will not introduces free coinage of silver bill, which'would obtain a majority in both houses. It would not become a law during Mr. Cleveland’s term of office, but its discussion would delay the revival of European confidence In American securities. Even If Congress refused to issue a 3 percent, loan the President can issue a 5 per cent, loan, but no loan will really help the treasury while the currency system remains what it is now. Three thousand Armenians, including women and children, are reported to have been massacred in the Sassoun region near Moosh, Turkish Armenia, during a recent attack by Kurds. Twenty-five villages were destroyed. The Turkish officials declare that the report is not true, and that it grew out of the suppression of a small rising in tbe region in question. The British Ambassador is making inquiries into the matter.