Watson's weekly Jeffersonian. (Atlanta, Ga.) 1907-1907, November 14, 1907, Page PAGE TWO, Image 2

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PAGE TWO Public Opinion Throughout the Union | GEORGE WESTINGHOUSE. This undaunted man will surely emerge triumphant from the predica ment in which the financial disturb ances culminating this week have placed him and several of the great industrial companies of which he : jb the illustrious and honored head. George Westinghouse is a man who knows no fear, and always conquers. He is not a speculator, not a “Na poleon of Finance,” not a dreamer of dreams, but a great inventor and a lions of capital. No successful man over, and carrying American courage and foresight and enterprise into every country on the globe. He has, by sheer grit, and the genius of en lightened persistence, built up some of the most important industries of our time. He is one of the most com manding figures in the engineering world, honored everywhere for his integrity no less than for his achieve ments. In his employ, both in Amer ica and Europe, are many thousands of men; in his industries many mil work, not ease, is his delight. To of this era cares less for the personal acquisition of money than he, few cars so little for it. He has never sought to gather wealth for its own sake. Money is to him but an instru ment which, used with brains, makes industry grow. Years ago he might have retired with vast wealth. But work, not ease, is his delight . To him, perhaps more than to any other individual, is due much of the won drous progress in transportation, and in the commercial application of elec tricity. Any serious reverse to a man of this character and force would partake of the nature of a public ca lamity. But he will not permit the present difficulty to seriously retard him. He will go on. It may truly be said of him that he has long been a creator of wealth, a discoverer of opportunity, a powerful influence in the advance of the age. In all lands men will rejoice, fer his sake as well aa for their own, that his industrial organizations are solvent, and every where there is hope that he will bo spared for many more years of su perb achievement by which armies of labor benefit and the whole body of civilization is aided in its onward march.—Bcston Herald. ONE OLD MAN FAYS THE PRICE. A pathetic echo of the insurance scandals was the bitter sigh of aged Dr. Walter R. Gillette, former vice president of the Mutual Life Insur ance Company, convicted of perjury in trying to hide the misuse of in surance funds by his superiors. It is sad to see a man sixty-seven years old go to prison, and in this case there is the added irony of a minor offender paying the price big culprits avoided. However, Dr. Gillette knew the na ture and penalty of perjury. In its last analysis the very plea he made in court of his long career hitherto unblemished by a breath of falsehood and dishonor, points to the sinister foot that exactly such men WATSON’S WEEKLY JEFFERSONIAN may be bulwarks of public mischief. Dr. Gillette gave his personal repute —his sworn word —to hide crime. After all, the sentiment that hides a crime for the sake of a salary is a sordid sort of loyalty.—New York American. LEAVE NOTHING TO CHANCE. Elections are won by hard work, not by luck. The only way to make victory certain tomorrow is to leave nothing to chance. Get out and get busy, just as if the result depended on you and on you alone. Do not 4rust anybody else to do what you can do yourself. It will be poor satisfaction to say later, “I would have done it myself if I had thought he was going to fall down.” Keep on the job from the opening of the polls until the last ballot is in and counted. If you are given a par ticular poll to watch, go without your meals sooner than leave it until rr lieved by some one authorized to take your place. Enlist for the day as a soldier, and be ready, if necessary, to endure hardship for the sake of the triumph that is certain to be ours.—Louis ville Herald. PRESIDENT DISLIKES FUSION. It must be perfectly clear by this time to the friends of Herbert Par sons and President Roosevelt in Ne*w York City that the President does not approve of the preposterous Hearst-Parsons alliance and fusion on the county ticket, says the Wash ington correspondent of the Ne’w York Evening Post. On the day he returned to Washington from the Louisiana canebrakes President Roosevelt hastily made it known through one of his accredited spokes men that Mr. Parsons had not con sulted with the White House before he began bis trading with Hearst The President’s eagerness to set himself right with his New York friends was but another way of say ing that had Mr. Parsons come to him for advice he would have been warned against Hearst. Hearst is to day as much the pet abomination of Mr. Roosevelt as he was when the President asked Mr. Root to go to Utica and excoriate the editor in a speech. Mr. Roosevelt will not pub licly denounce the Parsons-Hearst al liance, but he has a good many ways of letting his views be known. If the President could “stand for it” Mr. Parsons by this time would have found means of making the fact known that his great mistake had the sanction of the national administra tion. Republicans from various parts of the country have been in Washington since the Hearst-Republican fusion ticket was put in the field. Not one of them has had a good word to say for it. President Roosevelt seemed both amazed and indignant on his re turn here that it should have been supposed in New Yoik that he had been consulted and given his approval before the deal was made. Some of the reasons which Republi cans in ether states have expressed to justify their fears that the Hearst deal will have a bad effect upon Re publican chances of success in other contests, have been set forth in these dispatches. These Republicans are now hopeful that the Republican voters in New York will absolutely repudiate the fusion ticket at the polls, that the party may be cleared of the suspicion that it is in the slightest way in sympathy with Mr. Heai*st, his political methods, bis po litical principles, and his political aims. As one Republican politician here today expressed it: “New York Re publican voters must repudiate the deal Parsons has made, to clear the good name of the party in the State, and to relieve us all of the imputa tion that we have anything in com mon with Hearst and Hearstism.”— Washington Globe. TIME FOR ACTION. Just why the country should suffer financially on account of the misdo ings cf a lot of blackleg gamblers who haunt the stock exchanges of New York City is beyond the comprehen sion of the average citizen. And why the government should come to the relief of these same gamblers with millions of the people’s money is still more beyond human reason. If the crops were a failure and the people themselves who have contributed this money into the coffers of the govern mental treasury should ask for as sistance the chances are it would be denied them. Only last week a south ern congressman made application to the treasury department for a luan of several millions of dollars to the cot ton producers of the South, offer ing to give as collateral warehouse re ceipts showing that the cotton had been stored. The department re fused to advance a penny. Yet when the gamblers of Wall street, who try to control the price of cotton and other commodities without handling a dollar’s worth of the real product, get in trouble the secretary of the treasury hurries to their relief with millions of the people’s money and gives it to them without interest. Just how this juggling of the peo ple’s interests and means appeals to some men, blinded by partisanship, may be entirely different from the idea entertained by this bumble scribe, but all the same we believe there is absolutely no sense of jus tice in it. The Mirror’s position on this ques tion is one of broad humanity. The people compose this country, they sup port the government, they comprise its army and navy, and whatever favors the government has to dispense should go to them. Stock gamblers thrive on the sweat and blood of thousands of men, women and child ren who work in the cotton patches of the South while the boiling sun tans their tkin and sows the seeds of an early death. One honest farmer who makes his living by the sweat of his brow is worth mere to the country than all the gamblers and speculators Wall street has ever housed. Ono is a pro- ducer, the other is a consumer. No man has a right to live who does not produce at least as much as he con sumes. When this ratio is reversed he becomes a burden on humanity. And our government certainly has no right to encourage this detestable horde of leeches on the body politic. This is not republicanism nor de mocracy, but pure Americanism. Americanism stands for Americans. The man who robs his fellow man of his just dues is a criminal. The stock exchange and those who manipulate it rob. It is purely a game of chance. When they lose, they alone should be hurt. But our present system seems to make angels out of devils, citizens out of pirates. A protest should go up from every community so strong that the next congress will pass a law forever wip ing cut the bucket shops, exchanges and ether institutions (hat prey on the public. There is no reason for any local uneasiness on account of the strin gency in the eastern money market. The banks of the South are merely adopting precautionary methods to keep the funds in the South, instead of turning them loose to go to New York where the demand at present is so great for ready cash that they are offering as high as 75 per cent interest. This flurry will blow over within a short time and everything will settle down to a normal condi tion. It is absurd to become excited over lhe fact that the banks won’t pay you all that is coming to you. If they did this, you w’ould take the money, hide it away, keep it out of circulation and paralyze business. Re ferring paiticiilarly to the situation in Clifton, no depositor or stockhold er should be alarmed. The bank here is doing just what all southern banks aro doing—paying Duly a limited amount each week to customers. By this means every one having an ac count can get enough money to live on and no one is made to suffer The J bank here has enough assets to pay every depositor one hundred cents on the dollar, even if the situation should go to the bad. However, there is no reason to believe it wiU get any worse. By keeping cool the business interests of this seerion will suffer very little.—Clifton Mirror. * COOL HEADS. This is the time for cool heads. The country was never so rich, never so prosperous, as now. Its health is sound. Its health, in fact, has b.-en excessive, and therefore somewhat abused. Some surgical operations are necessary to remove a few surface troubles, and these operations arte being skilfully conducted. The coun try will be all the btjtter for them in a little while. Confidence is the most powerful influence in a time like this. For confidence is the basis of credit, and credit is the foundation of en terprise. There is no need for peo ple to run about and draw their mon ey from the banks. Money in the banks is the restorative power by which the banks can eo-operate in (Continued on Pago Fourteen.)