The Waco evening news. [volume] (Waco, Tex.) 1891-1894, 1892-03-24

by designing politicians tc prejudice
the popular mind against railroads.
As a direct result of the workings of
our railroad com mission il is highly
probable that ore or more Of the great
lines now entering the state will be
forced into the hands of receivers.
81 have all my life been man of
affairs taking no interest whatever
in politics. l am glad however to
enter my protest against Wholesale
confscstion or destruction
{ private property. What
yer success Texas may have
achieved in the way of material de
velopment, she owes chiefly to the
railroads now within her borders.
Their interests and those of the people
are mutual and identical Railroad
capital is entitled to governmental pro.
lection equally with the property of
the individual.
"Was the situation discussed much
in your hearing while in the east?"
"Only incidentally, my business
was not of political nature. Wis.,
tied New York, Hartford, Philadelphia,
St. Louis and other cities of less i'm
portance and usually the first question
asked me by those whom l visited was:
what effect will 6 cent cotton have
on Texas credit and the next, what
hope is there of change in the atti,
tude of the legislature toward capital
1t would sstonish any one to hear the
expressions of regret that Texas, the
queen of the Southern states, had
shown such unfriendliness toward
foreign investors. The alien
land law and the commission
law coupled with the demagogic meth.
DDS of the administration have created
grave fears in some quarters and it is
time the people retraeed their steps.
POLITICS HAS ENTERED OUR BUSINESS
and it seems as though we must enter
politics, whether we like it or not. l
believe it is every business mans duty
to aid the cause of reform with the
full measure of his ability. The spirit
of communism that takes from rail
road company the management of its
property and turns it over to set of
politicians, has only to go one step
further to take from the individual
citizen the management of his bust.
ness. The principle is the same, the
difference is only in degree. If
we hope ever to push Texas forward
we must erase from her record every
stain of communism, open our arms to
capital and to labor, from the inside
and the outside, and get down to bus.
mess"
"Did you hear mention of Govern
or Hogg's proclaim alton that fraudu-
lent municipal, and county bonds
were being issued in Texas?"
81 heard it talked of great deal.
The general opinion is that it will
work great injury to Texas if it is
given any credence. No one to whom
| talked on the subject however be-
Iieved it. The people in that country
have not lost faith in the entire popu-
lation of Texas. They believe we
are as honest as any other people. 1t
is the demagogues we send to Austin
whom they fear, and when the chief
Of the wigwam undertakes to
WARN THEM AGAINST US
they smile, and proceed to invest in
the securities Of some other state,
bestowing look of pity on Every
Texan they meet. | refer to brokers
and bankers who have money to lend
and who buy bonds. The governors
however, will not greatly in
lure Texas in this regard as eastern
capitalists are quite as familiar with
our financial condition as is
The average Texas legislator.
"Itis the intelligent Immigrant who
will stand aghast when he reads from
the message of our governor the re-
statement concerning couu.
ty and municipal bonds. Will he not
conclude that state loaded with debt
whose principal cities are disgraced
by issuance of fraudulent bonds and
whose whole people are on the verge
Of bankruptcy is a good place to stay
away from? They call Judge Clark
and his friends Calamity howlers.
Judge Clark speaks only Of general
conditions and he tells the truth. l
sincerely hope Judge Clark will get
the nomination. He is brainy, con.
ser yative, safe. His election would
give assurance of perfect faith and