Evening star. [volume] (Washington, D.C.) 1854-1972, 1905-06-18

nifty: "Sir, we are American. We believe in
this great and glorious country Of ours. We
shall never become nation OF anarchists
Our people are too intelligent to be led
astray by Wild appeals to prejudices," etc.
X
Today these men are thinking because the
mob is thinking. And 1t will be found when
the next bull market comes, when the CAM
paign opens in the course of which secur-
tiles win be sold wholesale to the public.
that the keynote OF the song Of distribution
will be fraternity and equality and fair
treatment to all. We are all brothers. We
stocks than you. But all stockholders will
fare alike, be they small or large, and the
rights of all will be respected.
This change has been wrought by the pub
lie merely because It Is known that the pub
lie has permitted itself opinions Of what
is right and what Is wrong In Wall street
not the least remarkable thing has been the
changed feeling toward the President. Mr.
to take the edge OF the sword that hung
over our heads in the shape Of the menace
of an inevitable conflict between capital and
labor. He is no longer the impulsive, pos
sibly well-meaning bull In china SHOP that
Wall street at first thought. He has helped
the financial leaders to remember that the
United States is a democracy. Corporations
have rights, but SO have our eighty mil
lions. The street lost money In stocks
months ago; that is, 1t thought IL it had not
been for the fear of some wild outburst
from the tenant Of the White House there
might have been another crazy boom. But,
by making dozen men, whose voice Is SUI
preme in the financial world, who are in
control Of the railroads and the trusts, do
some thinking which won't make them
cent poorer, but will keep them from caus-
ing the feared revolution. Mr.. Roosevelt
has actually become popular In the one
place in America where he was year ago
more than unpopular, Wall street. And for
that the newspapers must receive the credit.
The way the point of view Of the big men
has changed is very striking. To date none
has acquired philanthropy in Wild form.
The desire to make restitution does not ex-
list, because there is no deep conviction that
restitution is called for. If any Of the
money kings has decided to chase the dollar
less eagerly in the future, he has modestly
refrained from making public his resolution.
But there is less cynicism, less arrogance.
less of the public-be-damned attitude.
When you consider, on the one hand, the
Milwaukee bank defalcation, the failure of
the Merchants Trust Company, the dis
gusting Equitable disclosures. and what all
these things meant and on the other the
aroused public feeling, the heed paid to the
anti-graft sermons, the municipal election
in Chicago on a revolutionary platform. the
strong man at Washington on whom the
self-styled business interests" of the coun-
try could not prevail as on supine political
managers 1t is easy to see that neither the
public nor the financial powers could be In
a comfortable frame of mind. Had all this
come at time when general business was
depressed, great panic of the poor men
and the millionaires could scarcely have
been averted But the country Is pros
porous. A full belly conduces to philosoph-
ical elaboration. 1t is enough that the men
who control the corporations should remem-
her that the public, after all. has something
to saw and that money can be very power
full but not all-powerful. in this republic
There is no need to quote from some of the
recent confessions of the big men, Anec-
dotes could be told confidential remarks re-
heated specific instances showing the
changed attitude given. 1t Is enough that
both sides are thinking