The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1900-05-19
A FEW WORDS WITH THE Eek
PRESS

Our esteemed contemporary, the San
Antonio Express. is continually In deep
travail. 1t takes The Post to task for
Mr.. Edwin Chamberlain of San Antonio
concerning that gentleman's paper. 'ln-
pediments to Progress in Texas" read re-
Gently before a convention of bankers at
Fort Worth.
The Express, with obvious untairness.
declares;
The Post resents the imputation that the
laws OF the State are in any wise short OF
perfection In respect to the free employment
of capital In any sort of legitimate enterprise
without any embarrassing imposition or lack
OF adequate protection, and that criticism is
therefore not only gratuitous but imperti-
nent.
The Post does nothing of the kind. On
the contrary The Post has not held of the
laws OF Texas that they ars perfect, but
has criticised such OF them as appeared
to antagonize wholesome public interests
when 1t thought such adverse comment
timely or needful.
VIII the Express, so hnbitualy disposed
to silence its adversary with. the top
lofty charge that its contention Is mere
"glittering dissertation" show us in what
particular Instance or industry invested
capital in Texas has been subjected to
embarrassing imposition or been ham
pered by lack OF adequate projections"
The people would like definite enlight-
eminent upon this subject VIII the es-
teemed Express give II or shall 1t dis
miss it's critic which dares submit the in
terrogatory with the bombastic observa-
ton that its views are but kind of mar
row partisan political fummery?"
The Express has announced that "busl-
ness is business" This announcement
lit has adopted as Its editorial motto
II it be adhered to the Inference must
be allowable that in the discussion OF
economic questions the Express will not
decline to submit facts and figures in
support OF its carelessly assumed posi-
| lions, when called upon to do So
What particular law In Texas is 'hos-
! tile to foreign Investment" Answer or
hold your peace and avoid classification
with the calumniators of Texas. What
agency more than that which is repre-
sented by yourself. Dear Express. is re.
sponsible for the Impression that the
laws of Texas. some OF them at least,
are hostile to foreign investment" You
have assumed to sit in judgment upon The
views OF your neighbors and to charg,
them up to partisan political flummery'
so do not now dive beneath the foaminE
waves of your vast ocean OF booming
| 40 In ha nF Ms rhr
harpoon.
What sort OF money, seeking investment
here or elsewhere. has complained of III,
hostility OF Texas laws? Is II the kline
OF money that builds railroads. Is It this
kind OF money that constructs cities? L
It the kind of money that raises wheat
corn, cotton and cattle? II so. why d.
not the railroads cease to extend thei
lines? Why do not our towns and cities
cease to erect new buildings, to paw
streets and expand their municipal great
ness? Why does not acreage in wheat
corn and cotton decrease from year I,
year instead OF increasingly Why is no
the cattle industry destroyed?
Then what kind OF money is It, owe
which the Express grows so soiicitous
that can not face the hostility of on
lawsY
Is It money that wants to buy up vas
areas OF tillable land and TO hold then
until ayarice shall consent to their occu
paasy by the farm hbnse, Money tina
will not build railroad EXCEPT bone
} issue be permitted so much beyond cos
} of construction and equipment as to loa,
} with outrageous burden the traffic OF th
! State for generations? Money that will
not construct "sky-seraper' nor 'ofhc,
building until oomnlttee OF citizens
shall guarantee Fixed rate OF interes
J on the investment FOR a term OF years
I Is 1t money SO timid that II will not in
vest In an industrial enterprise until sic,
! Is donated and the State shall agree L
exempt from taxationi
That kind OF money Texas does moi
need and her economists who shall in
: vito It are deserving OF the contempt o
, the public.
The man who follows the pillow and reap
| the haryests OF the cultivated fields ear,
ries enough burden already without tha
sort Of legislative favoritism. which
| much Of this so-calied capital is ever