Bismarck daily tribune. [volume] (Bismarck, Dakota [N.D.]) 1881-1916, 1901-12-03


deed worked not the slightest dislocation
in our governmental system. and the dam
ger of q recurrence of such deeds, no mat
ter how great 1t might grow. would work
only In the direction of Strengthening ana
giving harshness to the forces Of order.
No man will ever be restrained from be-
coming president by any fear as to his
personal safety II the risk to the presi-
dents life became great. 1t would mean
that the office would more and more come
TO be filled by men of a spirit which would
make them resolute and merciless in deal
ing with every friend Of disorder. This
great country will not fall into anarchy.
and If anarchists should ever become a
serious menace to it's institutions they
would not merely be stamped out. but
wylld involve in their own ruin every
active or passive sympathizer with their
doctrines. The American people are slow
to wrath, but when their wrath is once
kindled IL burns like a consuming hame
Business Conditions.
During the last five years business con-
fldence has been restored. and the nation
es to be congratulated because Of its pres
ent abounding prosperity. Such prosper,
ity can never be created by law alone al
though 1t Is easy enough to destroy 1t by
mischievous laws If the hand OF the
Lord is heavy upon any country, it flood
or drought comes. human wisdom Is pow
erleSS TO avert, the cdlduuIy. moieoVei' Au
law can guard US against the consequen-
ces of our own folly The men who are
idle or credulous. the men who seek gains
not by genuine work with head or hand,
but by gambling In any form. are always
a source of menace not only to them
selves. but to others. If the business
world loses its head. II loses what legisla-
ton cannot supply. Fundamentally the
welfare of each citizen and therefore the
walt F1~ 80 1fa rP of+f 3o11Y
makes the nation must rest upon individ-
ual thrift and energy, resolution and In
telligence. Nothing can take the place Of
this individual capacity, but wise legisla-
ton and honest and intelligent adninis-
tration can give 1t the fullest scope, the
largest opportunity to work to good effect
The tremendous and highly complex in
dustrial development which went on with
ever accelera ted 'rapidity during the latter
half of the nineteenth century brings us
face to face at the beginning of the twen-
tieth with very serious social problems.
The old laws and the old customs which
had almost the binding force of law were
once quite sufficient to regulate the accu-
mutation and distribution of wealth. Since
! the industrial changes which have so
enormously increased the productive pow
er of mankind they are no longer suM-
! cient.
The growth Of cities has gone on beyond
comparison faster than the growth of the
| country, and the upbuilding of the great
Industrial centers has meant startling
| increase not merely in the aggregate OF
| wealth, but in the number of very large
| individual and especially Of very large
corporate fortunes, The creation Of these
great corporate fortunes has not been due
to the tariff nor to any. other government
tai action, but to natural causes in the
business world, operating in other coun-
! tries as they operate in our own.
| The process has aroused much antago-
| nfsm. a great part of which Is wholly
| without warrant. It Is not true that as
the rich have grown richer the poor have
grown poorer. On the contrary, never be-
! fore has the average man, the wageWork-
er, the farmer, the small trader. been SO
we'll off as in this country and at the pres
| ent time There have been abuses con-
nected with the accumulation of wealth,
yet it remains true that a fortune accu-
mulated in legitimate business can be ac-
! cumulated by the person specially benefit
| ed only on condition of comforting i'm
mense incidental benefits upon others.
Successful enterprise of the type which
benefits all mankind can only exist II the
conditions are such as to offer great prizes
as the rewards OF success.
Reasons For Caution.
The captains of industry who have driv-
en- the railway systems across this CONT
nent who have built up our commerce,
who have developed our manufactures,
have ON the whole done great good to our
people without them the material devel-
opment of which we are SO Justly proud
could never have taken place. Moreover,
we should recognize the immense impor-
| tance to this material development of
leaving as unhampered as is compatible
with the public good the strong and force
full men upon whom the success Of busi-
ness operations inevitably rests. The
i slightest study of business conditions will
| satisfy any, one capable OF forming q
judgment that the personal equation is
the most important factor in a business
! operation; that the business ability of the
man at the head of any business concern,
| big or little. is usually the factor which
fixes the gulf, between striking success
and hopeless failure.
An additional reason for caution in deal
ing with corporations Is to be found in the
! international commercial conditions of to-
day. The same business conditions which
have produced the great aggregations of
corporate nd individual wealth have
| made them very potent factors in inter
national commercial competition Busi-
ness concerns which have the largest
means at their disposal and are managed
by the ablest men are naturally those
which take the lead in the strife for COM
mercial supremacy among the nations OF
the world America has only just begun
to assume that commanding position in
the Internal tional business world which
I'VE believe will more and more be hers 1t
lis Of the utmost Importance that this po-
sition be not jeopa rded, especially at time
when the overf1oWtng abundance of our
own natural resources and the skill. busi-
mess energy and mechanical aptitude OF
our people make foreign markets essen
tiaL Under such conditions 1t would be
/ most unwise to crarnp or to fetter the
d youthful strength Of our nation. ID s.~
4 interests ofsAn Endangered.
4 Moreover. it cannot too often be pointed
i out that to strike with ignorant violence
s at the interests Of one set OF men almost
inevitably endangers the Interests OF all
The fundamental rule In our ma tional life
the rule which urderlies all others. Is that
on the whole and In the long run we shall
so up or down together There are excep.
tions. and In times Of prosperity some viii
III prosper far more and In times Of adversi
x ty some will suffer far more than others
but. speaking generally, q period OF good
times means that all share more or les.
y In them. and In a period of hard times all
u feel the stress to b greater or less degree
~ 1t surely ought not to- be necessary to en-,
ter into any proof OF this statement. The