When we come to the capital of Indiana we have, in official language, to report progress. One reason assigned for the passing of emigrants through Indiana to Illinois was that the latter was a prairie country, more easily subdued than the more wooded region of Indiana. But it is also true that the sluggish, illiterate character of its early occupants turned aside the stream of Western emigration from its borders. There has been a great deal of philosophic speculation upon the acknowledged backwardness of civilization in Indiana, its slow development in institutions of education, and its slow change in rural life, compared with its sister States. But this concerns us less now than the awakening which is visible at the capital and in some of the northern towns. The forests of hard timber which were an early disadvantage are now an important element in the State industry and wealth. Recent developments of coal-fields and the discovery of natural gas have given an impetus to manufacturing, which will powerfully stimulate agriculture and traffic, and open a new career to the State. Indianapolis, which stood still for some years in a reaction from real-estate speculation, is now a rapidly improving city, with a population of about 125,000. It is on the natural highway of the old National Turnpike, and its central location in the State, in the midst of a rich agricultural district, has made it the centre of fifteen railway lines, and of active freight and passenger traffic. These lines are all connected for freight purposes by a belt road, over which pass about 5000 freight cars daily. This belt road also does an enormous business for the stock-yards, and its convenient line is rapidly filling up with manufacturing establishments. As a consequence of these facilities the trade of the city in both wholesale and retail houses is good and increasing. With this increase of business there has been an accession of banking capital. The four national and two private banks have an aggregate capital of about three millions, and the Clearing-house report of 1887 showed a business of about one hundred millions, an increase of nearly fifty per cent, over the preceding year. But the individual prosperity is largely due to the building and loan associations, of which there are nearly one hundred, with an aggregate capital of seven millions, the loans of which exceed those of the banks. These take the place of savings-banks, encourage the purchase of homesteads, and are preventives of strikes and labor troubles in the factories.