San Antonio daily light. [volume] (San Antonio, Tex.) 1886-1907, 1895-06-15
cuLBERsoN,s BREAK.


full in charging the past and pres
emit state administrations with
open and avowed hostility to
foreign capital. In a strong edi-
torial comment upon Culberson's
late speech before the Commercial
Travellers, assembled in National
convention in this city, the News
very pungently shows the fslsity
OF the Governors assertion, that
Texas never had and never would
make an attack upon capital. The
smile that this remark provoked
fr I'm the travellers was very no.
ticeable, as also the peculiar signi-
ficance of the reply. There is not
one more patent fact connected
with the administration of the at
.irs Of this state since the electiC n
ofStephenJames Hogg as governor,
than the hostility of the state as
administered by him and his cabi-
net to the foreign capital that had
already sought Investment in Tex
as. Culberson, as his Attorney
General, was the conscious and
willing instrument Of this
hostility, and the remark
thdt he made in the welcome
o the state to the representative
Of the commercial agents Of the
country was most inopportune. 1t
would have been far better to have
made no reference to the matter at
all than thus to challenge the re-
collection OF the convention and
expose himself and the state to the
unfavorable comment that has fol-
lowed. There is not state In the
Union of American states that
needs capital to develop her re-
sources as badly as Texas does, nor
is there state in that same Union
that will make better returns to
that capital upon it's investment.
1t is to be deplored that the atti-
tude of the state authorities has
been so hostile to the incoming OF
capital as to create profound dis
trust in the mind of the east as to
the safety OF such investments.
Taat such distrust is existent
is plainly seen in the miscar-
rage Of Hogg's recent attempt to
enlist eastern money in Texas
Investments. His swinging around
the circle in the late days Of his
administration Of the affairs Of the
state, was to give prestige to the
later movement to secure capital
for the advancement of certain
enterprises in which he was to be
interested as citizen when he had
retired from the gubernatorial
chair. Hogg is no fool, and there is
no doubt that he was preparing his
forces in that politician peregrina-
ton for a movement upon the
financial camp Of the east. That
he has so signally failed in his at
tempt is only proof Of the depth Of
the conviction Of the hostility of
Texas to the capital that is within
its borders, as evidenced in the
acts of the late and present govern
ors. II Culberson, as Governor, is
of a different mind In this mat
ter from Culberson, as Attorney
General, and his recent speech in
this city is to be accepted as evil
dence Of that fact, then 1t is only
proper that he should be given
crddit for his repentance. The
next thing in order will be to
watch the movements of the chief
executive and see how far this
change OF mind is followed by the
bringing forth OF those fruits that
meet for the repentance that is are
so uncertainty foreshown.
The new Attorney General is Of
the opinion that there is nothing
but foolishness in agitating free
' silvar cninapa in the Damncratic