Herald and news. [volume] (West Randolph, Vt.) 1878-1943, 1893-07-13

mat this - right. have never believed
10 to be right have promised ane
promised 70 reform. l am trying Il
study the subject that may lead my
self into the light. certainly in this as
pea of the case.
GREATEST POWER on EARTH.
Wealth, in fact, has it. deep spiritual
significance when sccu; q ted by prop.
er ways and sought il Il. roper spirit.
The fact of wealth does not signify the
material and the brutal AS a nation
we are the richest people III the world.
We are not therefore for that reason the
coarsest. We have vast FILES of build
ings, vast s,~ems of railroads. whose
very vastness. ous foreign critics have
told u.s. indicate coarse view of life.
The greatest piles of brick and mortar,
stone and cement and iron and steel
have back of the matter we see tneir
deeper spiritual meaning. They are the
incarnation of great hopes, noble faiths
They may be crude efforts. Theg are
great, not for what they are. but for
what they promise, for the ideal of
which they are the dim outline.
As nation we should study the mon
4 ~ problem, and we should be among
The first, if not the first, to solve it.
tod has given wealth to us as to no 9TH
er people born on the earth. BY the
census Of 1880 America had more money
than Great Britain. on whose empire the
sun never sets. whose flag floats in every
sea and whose ships ride proudly at
their anchors in every harbor Of the
world. We had in 1880 wealth enough
to buy one-half the known world-lauds.
houses, kingdoms. scepters. empires.
But after we had bought hemisphere
and paid for it we would have money
enough to carve a new nation out Of the
undeveloped west
One Of the first things that strikes the
student of economics and of the relation
of religion to the great social problem
is the fact that money is the mightiest
power that moves today upon the sur
face of modern civilization. We observe
this fact:
WASHINGTON NOT THE NATIONS CAPITAL.
First-In the power manifested in the |
making and unmaking of the history OF |
governments The center Of govern
ment of this century is not the political |
capital. 1t is the commercial, the mon
ey capital If we imagine that the cap /
ital of America is at Washington, we {
make a sad mistake. Washington is a
very beautiful town. 1t is handsomely
laid off. 1t has some grand boulevards,
some beautiful streets. 1t has acres Of
beautiful homes. 1t is pleasing to the
eye. We have located there some
elegant buildings. We have very
handsome capitol building, of which
some very excellent photographs have
been made by various photographers
1t has handsome dome, with the figure
of Liberty on its summit. We have some
other exceedingly handsome buildings
that cost millions of dollars. We have
an executive mansion in which the presi-
dent of the United States lives. 1t is
supposed that the seat of gov
is at Washington or thereabouts.
This is a popular superstition. AS mat
ter of fact the center of government is
not at Washington. If you wish TO find
the center of government in America,
you should walk down Broadway until
you reach Trinity church and turn into (
a narrow lane to the left. Walk down
this narrow lane, between those noun
famous buildings that rise toward the
sky, and as you walk the length of Wall
street you have traversed the main cor '
-idor of this nations capital. Wall street {
s the center of the government of Amer
ca. 1t has been so for a generation, '
md there never was a time that it was ,
more so than today. t
You may say that we elected Mr..
cleveland president of the United States L
~ majority commonly termed po- o
itical cyclone. True enough. All that !
and Mr.. Cleveland is in the t
chair, with his cabinet, and
he government is running along its usu.
i course. That does not alter the stu +
ton. If Mr. Cleveland had dared 10 9
tand up before the world before the o
lection and say in SO many words that il
e was opposed to the money policy of d
he governing kings of Wall street, he d
yould now be practicing law in the k
ILLS building in the city of New York, n
5 private citizen. and the onerous bur. el
ems of the executive Office would now Il
e on other shoulders No president has p
cen elected in this nation within gem 81
ration who has not been in perfect ac- in
ord with the kings of Wall street on the te
Ioney question. Amy man who knows in
lything about the history of this ma in
on knows enough not to discuss chat 1t
opposition. 'gi
PANIC IN WALL STREET. VI
A short time ago there was an ap- III
zach to serious panic in Wall street. tn
oney rose to 1856 per cent. You felt it pl
re. 1t was felt throughout the nation 1t
ID felt instantaneously. What was tie by
after: There was nothing the matter va
it'll the government at Washington. or
he secretary of the treasury was there. oh
lie money was all there in the treasury. tn
obody had broken open the sfronsbox. pr
le gold reserve was untouched. Inc ar
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