Watson's weekly Jeffersonian. (Atlanta, Ga.) 1907-1907, November 14, 1907, Page PAGE FOURTEEN, Image 14

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PAGE FOURTEEN COOL HEADS. (Continued From Page Two.) maintaining confidence, in steadying the nerves of business. The cooler the public keeps its head, and the steadier it ke*»ps its nerves, the soon er will the financial situation resume a normal condition. It is or.c of the anomalies of what is called an age of enlightenment that when money is most reeded for legit imate business it is most difficult to get. And that is because finance is yet very far from being an exact science. People are more easily frightened than hurt. They talk a good deal about conditions, but are apt to knew very little about them. And the economists, after all, teach them very little. It is easy to the orize: it is not so easy to know, be cause thecry comes with as little trou ble as instinct, but knowledge is gained only by labor. The get-rich-quick decade had na turally to leave certain results. These results have been visible in recent days. The men who are popularly blamed foi the week’s excitement in Wall street could have accomplished nothing without a too-crednlous pub lic behind them, without a considera ble population which, while earning good money, wanted to 1 ‘get-rich- quick. ” When the speculating pub lic loses its senses it is unreasonable to expect that the light-hearted schemers who profit, however tempo rarily, by the general propensity to gamble, will reject the millions which come tumbling in at their doors. The credulous crowds have their own re sponsibility in the matter, and should * not be too ready with recrimination. And let it be remembered tnat even the solid financial powers have learned a good deal in a dozen or fifteen years. They have learned the necessity and value of calm and ready co-operation in times of crisis. In former decades they rarely joined hands to prevent grave and far-reach ing catastrophes. But now they do this thing. Realising that the gener al credit must be maintained, they unite in exercising their sagacity, and their own credit, and every re source at their command. This they are now doing. Os course the mo tive is not purely altruistic. The work has to be done. And the coun try can safely rest upon the assur ance that the work will be well done. Keep every head cool, and every nerve steady, and presently every one will wonder why there was any excito ment. —Boston Herald. THE COUNTRY SOLID. The country at large, while deeply interested in watching the financial emergency in Wall Street, is taking a wise and common sense view of the situation. With good crops and good markets and with exceptional general solvency, it sees no reason for losing confidence. Says the Wash ington Post: Business and financial conditions in the United States are absolutely sound. From the small farmer, who is harvesting his crop at high prices to the United States Treasury, which is overflowing with money, the coun try is solid and prosperous. There can be no cessation of prosperity so long as the factors of prosperity are alive and at work. If there hud been a crop failure this year, or if disas ter had been invited by foolish legis- WATSON’S WEEKLY JEFFERSONIAN. lation tending to destroy confidence, there might have been occasion for uneasiness. But there is no excuse whatever for any honest man in any honest business to fear trouble The flurry in financial circles over the re cent collapses is a temporary agita tion. There can be no collapse of solvent banks and prosperous business ventures--and the banks are solvent and business is prosperous. The Comptroller of the Currency has care fully watched the condition of na tional banks everywhere. He declares them to be in an absolutely sound con dition. The worst has already oc curred —and it has occurred only to concerns that were not worthy to live. Legitimate business is always bene fited by the removal of men and corporations that fail to obey the laws of business. Even in times of prosperity, certain immutable laws must be observed if the trader is to survive. He is his own Nemesis if he violates them. The business world will be better off by the purg ing process. Wall Street gamblers may be agitated, but the man who deals with real things is not alarmed. He goes ahead with his business.— Nashville Banner. CONSERVING NATURAL RE SOURCES. A communicating of ideas recently associated with the names of James J. Hill and Robert M. La Follette, and to some extent exploited by Gov ernor Hughes in his waterpower mes sages, is discernable in the Presi dent’s remarks concerning the con servation of natural resources. The easily amused have affected Brother Jeffersonian, Get up a Club and send it in at once. THE WEEKLY JEFFERSONIAN ATLANTA GEORGIA Editors Weekly Jeffersonian: Please send send your paper to the following names and addresses as indicated: names post office state r. f. d. time amount » q Tt mrtm r»n ■ n » IIITII I H __ __ • «••••«•• ••••••*•••••••••••••••. ••••••••••••♦♦•«• •*•••• •••••••• •••••••*•••••••• •••••••••••• •••••••• •••••••• . •.. • • «••••■•• • •••••• . »•*»*••* [TI~ ~- ■■ ■ I ** •"*••"**"••''"**•*'••*••**•**“ •••«♦••••••••••••••••••• I Total Amount of Subscriptions-. <.Dollars I Name of Agent ♦ I Post Office „ I Route State ’ Kindly Address Yoar Letters to the Piper, nor to individuals. TH Is will Insure You Prompt Service. { Write Nasae and Address Plainly. / "If we fine South) begin NOW by supporting HOME INSTITUTIONS of merit it is nard to estimate the benefit that will accrue from such a policy in the nexi ten years.”—Richard H. Edmoxds, ZTbe ©eorgia Home Insurance Co. of Columbus, Ga., is a HOME INSTITUTION ORGANIZED 1859 NEARLY A HALF CENTURY OLD Total Assets z Over One Million Dollars Surolus to Policy Holders Over One-Half Million Dollars Losses Paid Since Organization Over Five Million Dollars. Patronize the Georgia Home and Help If to help YOU Develop the Infinite Resources of Dixie Land. 4 AGENCIES THROUGHOUT THE SOUTH The $2.00 Offer wag sever intended as an agent proposition on which commissions could be charged. The purpose of the offer was to encourage the voluntary subscrioer us subscribe to both Jeffersonians at the same time. From mis date the $2.00 price for both Jeffersonians win be for the voluntary subscriber. In other words it is a net pried. No com missions at ml can be paid on that price for both Jeffersonians. October w. 1907.