Palestine daily herald. [volume] (Palestine, Tex.) 1902-1949, 1905-10-21

Roosevelt and escort departed almost
Immediately for the governors man
sion, where she was greeted by recep-
ton committee of about 100 society la
dies and witnessed the parade from
that point of vantage. The line OF
march quickly formed and the presi-
dent and his escorts started for Pied
mont park.
fair grounds at Piedmont park. three
miles from the terminal station, by two
troops of the Twelfth United States
cavalry. followed by the citizens recep-
ton committee, attachments from the
Seventeenth United States infantry and
several state militia companies. togeth-
er with representatives of organized u =
Dor. The chief executive reviewed the
parade, after which he made an ad :
dress.
Luncheon was then served and a gen
eral reception held.
AT the Georgia School of Technology
200 students greeted the president with
the Harvard yell. He inspected the
workshops and addressed the boys from
a stand covered with the crimson OF
Harvard.
Senator Clay introduced the presi-
dent. Dsafening cheers greeted the
chief magistrate as he was presenter
20 the mighty throng.
In beginning his address President
Roosevelt said that in a great industrial
center like Atlanta II is natural to con-
slider certain phases of the many-sided
Industrial problems which this genera
ton has to solve: that II is impossible
10 get snccess OF any kind on a large
scale without paying something for IT.
Dealing with question Of corpora
lions. the chief executive said their
growth meant, also the growth of Indi-
vI1ual fortunes. Undoubtedly the
growth Of wealth In this country has
had some very unfortunate accompani-
menis. but It seems TO me that much
the worst damage that people Of wealth
can do the rest Of MS is not any actual
physical harm. hut the awakening in
our breasts Of either the mean vice Of
worshiping mere wealth for the
wealth's sake. or the equally mean vice
of viewing with rancorous envy and
hatred the men OF wealth merely be
cause they are men OF wealth. Envy Is
of course. merely kind OF crooked ad-
miration and we often see the very
man who in public is most Incorporate
In his denuncIation Of wealth in his
private life most eager to obtain
wealth. IN no matter what fashion. and
at no matter what moral cost" He de-
clared corporations creatures OF the
state and they should be regulated and
held accountable for their proper con
duct to the Federal government. be
cause their accountability should be CO.
extensive with their field Of action.
1T is the duty Of every honest pat
riot" said tho president TO rebuke In
emphatic fashion alike the politician
who does not understand that the only
kind Of practical politics. which ma
ton can h safety tolerate is that
kind which = knowa as clean politics
and that We are as severe IN our con
dernnation Of the business trickery
which succeeds OF OF the business trick
cry which fails"
Speaking OF cotton. the president said
that while he was glad to see diversi.
fication. nevertheless "it VIII always be
true that IN certain southern states cot
ton will be the basis OF the wealth the
mainsiay Of prosperity. I'm the future as
IN the past. The cotton crop Is OF enor-
nous CONSEQUENCE 10 the entire country
it was the cotton crop OF the south that
brought 100000. 900 of foreign gold into
the United States last year. turning the
balance of trade in our favor. The soil
and climate of the south are such that
she enjoys a practical monopoly in the
production Of raw cotton. No other