Richmond Palladium (Daily), Volume 32, Number 257, 24 October 1907 — Page 4

PAGE FOUR,

THE RICH3tOirt3 PAfJLAJ&fUM AIO 8UN-TEIEGB A3Ir THURSDAY, OCTOBER 24, 1907.

THE RICHMOND PALLADIUM AND SUN-TELEGRAM.

Palladium Printing Co., Publishers. Office North 9th and A Street. RICHMOND, INDIANA. PRICE Per Copy, Dally 2o Per Couy, Sunday 3c Per Week, Daily and Sunday 1Cc IN ADVANCE One Year $5.00 Entered at Richmond, Ind.. Postcffice As Second Class Mail Matter. THE OLD WAR HORSE. The Chicago Inter Ocean, the old war liorse of machine politicians and freukled financiers, has gallantly leaped j ttftO the fight as of yore with the most j Malignant attack upon President j Roosevelt and his policies we have j 'ver read. From the very boldness j Jrtth. which the Inter Ocean denounces ! the president, from the false arguments i ft uses to Justify it in its attack, from j he attack coming at a time when the ; !"tOOSevelt Panic," engineered by Wall ! "-Street's corruptlonlsts to destroy con-', tonce in President Roosevelt, is at its j elgllVtAuiannot believe otherwise Ciaa this is the bwtinning of the storm tile Millionaires' Conspiracy to down ttte president That this is true, that (wall street's millionaires" h a ve really J ;nglneered a panic to destroy the eonfi- j Atnco of the people In President ItooscJfalt by touching their pocketbooks, we itflleve we can prove. (The Inter Ocean asks this cuestion: "Why Is this? Why does enterprise j Sicken In the midst of plenty? ''"Why j ' 4t bait on the way, though the sun : Ct prosperity still lights us? Why are J ;we uunwieariea, witn au me material jftiaaM Of industrial and commercial gahlevement In our hands?" f And then it gives its own answer as Cflows "Hie answer is plain. All these J Clings have come to pass because the ' Resident of the United States haaj lleen fit to bring them to pass for pur-' poses which he has declared io bo ad-: equate and to be worth, in his opinion, the price which the rest of us avc being called upon to pay." ; The answer is false becar.se t! c quss-, tion is founded on a falsity avid absolutely misrepresents the true fsv:tj cos .' ceming conditions in this errantry. Enterprise has not sickened in tho midst of plenty nor are wo faint-hearted or neglecting to use "fl.o material means of industrial and commercial achieve-; ment in our hands." That this is true ' we offer as proof another quotation J from this editorial of the Inter Ocean:! "The farmers, on whose broad founNation the prosperity of the nation is j supposed to rest, have fewer debts and t larger bank deposits than are register- j ed in the books of any rast year. More- j over, even with their smaller crops, ! they will receive greater sums from j 'ales in Europe than any that heretofore have come to their hands." tn that Quotation the Inter Ocean utters the only truth contained in its cu'tlre editorial our farmers are the ba&is ot American prosperity and they $TO more prosperous than they ever were before. Nor has any policy or ; Utterance Of President Roosevelt injured them In the least. This year the American farmer is receiving more 'thaa he ever did before for the size : Crops he has had. Ills corn crop av(erases with the average corn crop of ' the last ten years and the price he is receiving for this crop is just twice ?the price he has received for his corn on an average during the past ten years. Only the other day E. H. Harriman, who has been an object of Atitack by President Roosevelt many times, when asked if it was true that ;"he had given orders to the superintendents on his various railroads to curtail operations from now on, replied that ' there was absolutely no truth in such a statement. And he qualified his denial by remarking that owing to the crops that had to be moved this year railroads could not curtail. What does that mean, therefore? Simply that the 'American farmer. In getting his crops to market, must share his prosperity with the railroads and that the chain of prosperity that starts with the farmer and continues through the railroads, manufacturers of farming Implements, etc, and returns to the farmer by the . consumption of his products by the men who work for the railroads and manufacturers, is as yt unbroken and is continuing to pile up more and more wealth for the people of this country. And furthermore, the people of this country are getting a greater share of that prosperity through the efforts of President Roosevelt. He is breaking the power of the trusts financial trusts, implement trusts and railroad trusts and the farmer as well as the rest of the people are reaping the benefit The Inter Ocean does not deny that a curb on all our various trusts was needed, but it does deny that President .Roosevelt pursued the right line of attack. It arraigns him bitterly for having made attacks in his public speeches against men of great wealth who have violated our laws, and de

clares he should have said nothing, but ' left their punishment to the courts of justice. For example, here Is a choice ;

flow of words along that line from the Inter Ocean: "And, finally, is thi3 nation fallen into that condition of chaos, has the machinery of our courts become so weak and worthless, have the laws of the United States become so Inadequate and impotent that justice cannot be administered in this republic, that the guilty cannot be punished, that the Innocent cannot be protected, without the flinging of thunderbolts and the shattering of skies from the White House, without the prostration of industry, the desolation of finance, and the devastation of the fortunes of millions of citizens who have sinned neither under nor against the law?" "We believe not," is the answer of i the Inter Ocean. President Roosevelt, ' however, believed it was so. or he would never have been compelled to go to the people for support instead of to the courts. And we believe like Pres-' ident Roosevelt. In support of that belief can anyone now living recall the time when our courts were so strong or so worthy that they ever at tempted to rlo what President noose-j velt has done? Did any court ever i put an effective stop to rebating? Did any court ever prosecute the Beef trust and put effective barriers around it to stop it from selling diseased meat? Furthermore, did any court ever re-establish the right of the 1'nitpil States government to rule this country instead of a precious lot of bribe-giving, watered stock makers, such as our frenzied financiers of Wall street are? You can bet your bottom dollar the answer is NO! Only through the publicity President Roosevelt has given his campaign to make our government i the real government, has ho been ab!o ; to establish his point. The paid newspapers of New York's frenzied financiers' hart --always taken great pains to spread broadcast., over the country the opinion that thoTV" could do no wrong. And they pub - - lishrrl thfs so often and so forcibly that those men believed it and went ahead with heir transactions regardless of how they affected the welfare of the j country, regardless of how they infringed on our personal liberties, until they were the government and the president and congress merely a set of figureheads, whose main object in life was to carry out the wishes of our money kings. President Roosevelt, by his campaign of publicity, has upset this little government of ,the financiers, for the financiers and by the financiers, and has earned their undying hatred and the undying hatred of their hireling press. If the present panic in Wall street has not come about through natural causes, then it has been brought about by those same frenzied financiers who are now trying their last resort, to destroy the confidence of the people in President Roosevelt by destroying their belief that his policies are good for their pocket books. That is, if the financiers are able, through their Wall street panic, to affect the rest of the Country, to throw men out of work, they will have struck at the great ally of President Roosevelt, the American people, and will try to convince them that it is due to the Roosevelt policies! alone that they are out of work. That they are desperate enough to do this, no one doubts for a minute. The black sway they have maintained over this country for over a quarter of a century, and which has made them all multi-millionaires, is seriously threatened by President Roosevelt. In fact, if he continues in power he will destroy this financial ring of wealthy blacklegs. They are fighting for the existence of their power, the power that enables them to get rich unlawfully, and they will not hesitate to plunge the country Into a panic if by that means they can undo all that President Roosevelt has done. For once again in unquestioned power, the panic which they had manufactured, would soon be stopped and they w'ouli go right ahead fleecing the American people with no one to say them nay. This fight that President Roosevelt started to regain our personal liberties had to come some time. If it hadn't come two years ago it would have had to come later on. The exactions the gamblers of Wall street were placing on the country were becoming unbearable, and if it hadn't been for President Roosevelt there would have been noth ing left to do some day but revolt and appeal to the power of bullets and see whether those sleek financiers were proof against them. President Roosevelt has saved us from such a thing as that, and it Is fortunate for the country. He has showed us that we can have what we want if we only fight for it. And now that Wall street and its hiding press has opened the campaign against President Roosevelt and OUR policies, it is up to us to stick by the president. For the fight he has already made for us we owe him a debt that we can never repay. He has his reward, however, in the knowledge that he has done his duty as he saw it, and that, from the attitude of the entire country, he Is appreciated by all of us. We do have a chance now to r pay him In some measure, and that Is by sticking to him. He has earned

Locked Doors No

The photo-diar?.m Is one of the nost strenuous wooirigs New Yfilv lias ever seen. On the left is the Duke de Chaulnes and ricqulngy, and on tho risrht is Mi Theodora Shonts. daughter of the New York firncier. Miss Theodora's father being opposed to her marrying a foreigner, promptly refused lo sanction hor marriage with tho duke who, unrequited, followed her to this country only to find himself barred from the mansion. Nothing daunted, he is going r'.-iht ahead with his work, breaking passes on lock doors, and finding the ear of the woman he loves, by means of the telephone, over which as every one knows, it is possible to t-uiploy the wooer's tune as well as any other.

thf richt to our confidence, not the Wall street ..lr.c!.-legs an! their kireliqrf P"- Therefore, when a rcemlwrr of '1-at hireling press blames, TTesidem ' Rooevlt for the P''Vn Wall stre,:t iac;1 - I-vin- er;-v rw.it ry has lost ts prosperjif ve say it is a lie on th? fave f tf.'and then we are sticking to , lhe raan who has -tnf'k tu usi American Regard For Women. Toward women the American man's attitude !s line. She is neither his deity nor his doll. He simply treats her with deference. His chivalry has as little to do with saccharine utterances, scraping feet and bended knees as has his patriotism with hysterical shrieking?? and the waving of ensanguined fiags. Lippincott's. One's Point of View. "I liked that play we saw last night because it has a happy endiug." "Why. man, the husband In It terrorizes his wife into trembling and silent submission and ends by killing his mother-in-law!" j "I said it had a happy ending." Bali timore American. Extenuating. A Frenchman was convicted of killing his mother-in-law. When asked If he had anything to say for himself before taking sentence, he said. "Nothing, excepting I lived with her twentyone years and never did it before." Asparagus Is the oldest known plant used for food.

Easily the most delicious flavour ot any flake food known.

The Postum Co. at Battle Creek have got the new food just as delicious as my ancestors used to make it when we brought it to the good old Prophet." Pony pkg 5 cents, large Family size 15 cents, at grocers

Bar to This Ardent

TFie Soul and" tho Beard. In Russia it was the common belief up to the time of Peter the Great that beardless meu were also soulless and that a man who purposely admitted having his beard marred could never enter heaven. The great Teter above referred to ordered his heathens to "shave up," so as to appear more civilized, and when they refused to comply with his edict he fined the wealthy and middle classes 100 rubles for each beard that was permitted to grow and each peasant and laborer a kopeck for the same privilege. Finally the priests were appealed to, and they Informed their parishioners that unless they submitted to having their beards shaved they need not expect that St. Nicholas, the gatekeeper of heaven, would be able to distinguish them from the bearded Turks. That had the desired effect. Cinnamon Topers. Both cinnamon and cassia contain tanniu. and too much of either has the same effect as excessive tea drinking. There are cinnamon and cassia topers who are as much addicted to the habit of chewing the bark as some men are to chewing tobacco. The cinnamon topers acquire their habit chiefly from working In the woods stripping the bark from the trees and drying It. It Is graded by men who taste a tiny morsel of each lot. At fir his causes the lips and throat to swell, but In time this undesirable effect overcomes itself, and a genuine love for the bark Is acquired. The Persians have a different name for every day in the month. RAVEPJ : 'Hello! Say, will you send up some more sonnmai

Royal Wooer of Miss

GIVES ADVICE FOR BANKERS 10 FOLLOW Addison C. Harris Quotes Scripture to Assembly At Indianapolis. TRUST COMPANY REPORTS. THERE ARE NOW 220 NATIONAL BANKS IN THE STATE AND 326 STATE BANKS AND TRUST COMPANIES. l The trust company officials and stockholders In their convention Wednesday at Indianapolis were given some practical scriptural lessons by Attorney Addison C. Harris, who made one of the principal addresses of the afternoon, on the topic, The Benefit of Trust Companies." Mr. Harris is a Wayne county man. In supporting his points Mr. Harris quoted Scripture freely. He chose the proverbs of Solomon. "The good man leaveth an inheritance to his children," said the aitor - ney. continuing, ne saia: ine ae-, mand for an improved method of pro-! tection of trust fund3 brought about the modern trust company. It is endowed with perpetuity. It can not die or move away. Its surety is made sure by its capital and the individual fortunes of its Ptockholders." Mr. Harris thought the law might well be amended so as to provide that no person should own more than onetenth of the capital stock of any trust company In order that the failure of one shareholder would not Imperil the security and also a speculator or ad venturer could not take up the etocV. or a trust company ana misapniy tne funds in its charge to his individual speculation and profit. Figures Presented. President Royse said there are r!ne-ty-tw-o trust companies authorized to transact business in Indiana. The aggregate resources of these companies on Sept. CO, 1907, was $53,239,293 Attorney General Speaks. James Bingham, attorney general of Indiana, interested the trust company section with an address on the new public depository law. He explained the different sections of the law and answered numerous queries. "The Primary objects and purposes of the depository law are to make secure the public funds of the state, counties, l municipalities and school corporations," said the attorney general, "and to exempt officials from liability on account of loss of such funds deposited by them in good faith in banks and trust companies and to secure to the public the use thereof by distributing them among the banks and trust companies of the state after they are collected and until they are needed for public expenditures; also as an incident thereto to secure to the respective counties, municipalities and school corporations a low rate of interest for the use of such funds. But the primary object is not to secure interest and no preference can be given to banks or trust companies offering a rate of interest higher than that required by the act in question." The trust company section honored Frank T. Roots, a prominent backer of Connersville by electing him to the Omce Ol president i ine strcuiuu. Suggestions by Adams. Th rnnvpntion of the Indiana Rank- t ers' association opened Wednesday forenoon. There was tome disappointment that Governor Hanly could not be present to deliver the address of welcome, unaries v. .ucAaams, mem ber of the Indiana Railroad commission, welcomed the bankers instead. Mr. McAdams suggested ome

Theodora Shonts

points for a new hanking law as

lows: their demands for better conditions. 1. Officials in their deposits ac- Local railroad, as well as railroad counting for money the day it is re- j officials of the etate lines, are awaiting celved. I the decision in the case, for as a local 2. Deposit in public depository un-' official said, the case will largely dader security. termlne the power of the railroad com3. The depository to be selected mission to order such crossings such automatically where there can be no places in the state as they may be bargaining, no trading, no political needed. As there are many such In banking or political bankers. Deposits the Btate, and as the construction to be apportioned according to per-, work fcr each overhead crossing costs centages fixed by the aw and all giv-; hundreds of dollars, the railroads haveing the proper security. ja fear that If the railroad commission 4. The different securities which wins the suit, orders for overhead the law approves are to be amplo to crossings everywhere will result.

prevent any tying up of collateral; and to permit such freedom of action '

by all banks that any institution en-; Each day marks a slightly heavier titled to hold any funds in trust may . freight business on the C C. & L. becomply with these requirements. tween Chicago and Cincinnati. Tho In his annual address President road is catering to the meat shippers Jonce Monyhan gavo the following n Chicago and already has cut into classified list of banks in the state: the business.. The local business ot National banks, 220; state banks and the road is Increasing rapidly also, trust companies, 326; private banks,:

200; savings banks, 11. TERRIBLY DISTRESSING Nothing can cause more pain and more distress than Piles. Ointments and local treatments may relieve but cannot cure. Dr. Leonhardt's Hem-Roid is guar- ; anteed to cure any casa of Piles. " - I get your money back, j Hem-Rold is a tablet taken Internally, thus removing the cause, ; $1-00 at Leo H. Kihe.s, Richmond, j Ind- ,r Te Dr. Leonhardt Co.. Nlagara alIS' N Y 1 r. - . HE "DIDN'T KNOW." 4 tm1 WhYi-' , I' WV . Snapshot of William D. Rockefeller, nephew of John D. Rockefeller as fce afcout tQ enter tfce federa, bulM. ing in New York City and take the I stand to testify in the government's InQuIrv in the Standard Oil affairs.' Mr. Rockefeller was obviously nerv- j ' ous both on and off the stand, and , when cuestion8 cf great importance to federal knowledge were asked his memory seemed to desert him altogether. He "didn't know."

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OVERHEAD

CROSSING

CASE TO BE HEARD Trial Has Been Set by Judge Fox for the 18th of November. OUTCOME IS OF INTEREST. BUSINESS INCREASES ON THE C, C, & L. TELEGRAPH SCHOOLS POPULAR USING TRIAL DEVICES OTHER NEWS. The trial In the case of the Grand Rapids & Indiana railroad vs. th Indiana state railroad coramlssioa and the Chicago & Erie and Toledo .St. Louis & Western railroads has been set for November 18 by Judge Fox of the Wayne county circuit court Soma time ago the railroad commission or. dered the Grand Rapids road to conutruct an overhead crossing above tha tracks of the other two roads Invo'.ved at Decatur. The plaintiff declares , that an arrangement is la effect be jtween itself and the Chicago & Erie, whereby all crossing matters are to be settled without Involving tho formor and further that the commission made a mistake In ordering tho cross., ing to be built. The cade promises to be one of the hardest fought legal battles ever waged in the local court. The railroad coinmiPBion will be represented by a large array of legal talent as will th railroad companies. The question of the overhead crossing has long been discussed at Decatur and owing to th r arrow escapes from wrecking at th

fol-'ro?nt of contention, all are loud in

BUSINESS INCREASES. TELEGRAPH SCHOOLS POPULAR. Night telegraph schools are popular in Richmond. The Pennsylvania la very desirous of securing first class operators, paying a high salary, and this Is responsible for tho Interest that Is being taken In the telegraph ers' art. The railroads of Indiana as a whole are In need of first class operators, remarked a local railroader yesterday. The demand Is great and although working on shorter shifts, the operators In many Instances aro making more money than they ever did before. USING TRIAL DEVICES. With a view to bringing Its rolling stock up to the highest standard possible the Pennsylvania has at the present time nearly BOO cars now la service equipped with a large number of trial devices. It Is estimated that fully 100 different kinds of new patents are being tried monthly. At the present time the company has 218 locomotives equipped with various kinds of trial devices and 209 tenders and 63 passenger and freight cars, making a total of 4 SO different cars. Most of the patentees are employed In theshops of the company and are In a position to easily detect defects in rolling stock. WILL LAYMEN OFF. A number of track men on the Penn- ; sylvania lines have been or are to be laid off. the usual custom after the annual inspection. The officials say that the property is In better shape both in track and equipment than ever before, and this was the conviction of the Inspection party over the different lines. Foley's Kidney Cure will cure any case of kidney trouble that is not beyond medical aid. A. G. Luken tc Co. Pennsylvania -LINES Jamestown Exposition Dally excursions to Norfolk Tour of East with Stop-overa Pittsburgh New York Harrisburg Boston Baltimore Philadelphia Washington Richmond and other points. Go One Route Return Another. Through sleeper to Norfolk, via Columbus and Norfolk & Western R'y, leaves every day at 4:55 p. m. Indiana Day at the Exposition is Oct. 11th. Northwest West Southwest SPECIAL REDUCED FARES For Particulars Call oa a W. ELMER, Ticket Agent