The Fairmont West Virginian. (Fairmont, W. Va.) 1904-1914, 1905-10-16
WASHING
TON LETTER


WARRINGTON d. C., Oct. 16.-
The cnnention season in Washing.
sdr has been brilliantly opened by the
National Bankers Association. More
than three thousond bankers were in
the city during the week. They were
entertained by the LOGAN bankers and
every effort was made to impress
them with the fact that they were in
their fathers house. the homestead Of
common country. 1t is not usual
sven In Washington to see conven.
tion os such magnitude and with the
outward show of so much prosperity.
Many or the delegates were accom-.
panied by the ladies' of their family
and the hotel Hobbies we're thronged
With substantial looking men and
handsome and elegantly gowned wo-
men Besides this convention the
Pan-American Medical and Sanitary
Convention was holding its sessions;
the Chicago Press Club composed Of
journalists. noyelists. poets. histori.
ans. and philosophers made flying
visit to the city and the football dip.
Iomats from Harvard, Yale, and
Princeton held a pour parler with the
President, the object of which was to
abate or humanize the strife on the
football battle field. The President
having made peace between Russia
znd Japan Is encouraged to believe
that he may be able to pacify these
college wars but 1t must be confessed
xliar the public is even less sanguine
OF his success here than 1t was with
reference TO his Interference at Ports
mouth. Nevertheless there are many
who believe Roosevelt capable de
fnut.
The Bankers Convention gave OPP.
portunity to Secretary Shaw and ex-
Assistant vanderlip and many others
20 utter In speeches some interesting
and even startling statements, with
reference to the material growth AMI
financial perils of the United States.
There is perhaps no other man in the
enxlntry SO capable of epitomizing Ma
florn[ prosperity and poetizing sta
tistics as Secretary Shaw. He con-
nluded bis remarkable address with
these words. We occupy the best
position on the map. We have the
safest and most convenient form of
money in the world. We speak the
language OF commerce. Our farms
produce more than the farms of any
other country. Our mines yield gold
literally by the carload, silver by the
rain load, and there is unloaded on
the shores Of single Commonwealth
more iron ore than any other country
produces. Our forests yield one hum
bred million feet of lumber for every
lay al the. calendar year. Our facto.
ries turnS out mere finished products
than all thel factories of Great Brit.
zir ard Germany combined by more
tiian three thousand millions every
tweive months. We transport this
matchless product of farm and fac.
tory. forest and mine, from the int.
< Tor Co the sea at one-third what SINH.
lar service cost anywhere else beneath
the skies. We carry it from point to
point along the coast in better yes
sels,. an quicker time, and at cheaper
rates than others. But at our coast
Z line We are brought to an abrupt halt
Here we are no longer Independent
Dur foreign commerce is four times as
iarge as forty years ago. but we carry
N our own ships only one.third as
Y zfany gross tons as forty years ago
We have protected and encouraged
every interest but our merchant ma
rtne. and every protected interest has
1aHrfshed- We have every facility
Tor saternational commerce except ar
{ International merchant marine. an
fpeakiAg Of results not methods. Il
We VIII but take advantage of our op
P1rtmities we will send these prod
Rcts Of farm and factory under ever,
Ky and into every port, and make oul
dIzSssal centers the clearing house.
VI at least a fraction of the world!
trade.
There IS q strong probability that
mp subsidy bill or It's equivalent viii
5e urged in the Presidents messae
md passed by the coming Congress
There are other than commercial res
fans urging such measure. We ar
tEzing Il more and more dificult /
IrtI ~ ~ d Y IA