Jasper County Democrat, Volume 16, Number 99, Rensselaer, Jasper County, 14 March 1914 — Washington Fears To Admit That Business Is Honest [ARTICLE]

Washington Fears To Admit That Business Is Honest

By DARRIN P. KINGSLEY,

Presi-

dent New York Life Insure ance Company

TIIEBE will be some liquidation in 1914. Not even the turn in business, which I believe we have reached, will be able to stop that. The outlook generally is IMPROVING EVERY MINUTE. If only the . federal administration comes to realize that business generally is honest, because it always has been honest and the men who control it are honest, the surprise now apparently felt by oflieial Washington as it gradually realizes the honesty of business would diminish and the approach of brighter days would be more certain. NOW, UNFORTUNATELY, WHEN OFFICIAL WASHINGTON ADMITS BUSINESS IS HONEST IT APPEARS TO FEAR THAT SUCH ADMISSION MAY COMPROMISE IT. THIS ATTITUDE IS ONE OF THE FACTORS OF UNCERTAINTY IN THE FORCES WHICH WILL CONTROL BUSINESS IN 1914. The currency hill is generally accepted as a step forward. Business, however, will for some time continue to womler how President Wilson did it. There is a RESIDUUM OF UNEASINESS over the curious political situation out of which this law was brought into being. The forces which have technically produced the law historically and actually do not believe in its doctrines. The forces nominally in opposition to the law believe both historically and actually in its doctrines and would have gone further. FOR THE GREATER PART OF 1914 I BELIEVE THAT TRADE OUTSIDE OF WALL STREET WILL PROBABLY BE QUIET. IF A SOLUTION OF THE SUITS AGAINST THE STEEL CORPORATION AND THE HARVESTER COMPANY SHOULD BE ANNOUNCED AND THAT SOLUTION CARRIED THE CONVICTION TO THE GENERAL PUBLIC THAT WASHINGTON. WHILE READY TO PROSECUTE CRIMINALS, IS IN SYMPATHY WITH BUSINESS, EVEN THOUGH BIG AND EFFICIENT, A GREAT MOVEMENT FORWARD AND UPWARD WOULD FOLLOW IMMEDIATELY. v