Daily press. [volume] (Newport News, Va.) 1896-current, 1905-10-06
S0claIism's Growth The Direct
Result of Dishonesty ia
High Places.
BANKER WARNS TIE PLOpLi
He Contrasts Small Thief and New
Robber Barons-Deeds of Highway.
men Done With Air Of Saint Under
SeIf-creatcd Halo-Future Not All
Black,
Nly Aasncintcd prcas.N

ANNAPOLIS, MD, Oct. Dds.
honesty in high places in the state.
The judiciary ana great financial insti.
tutions and corporations. ana pallin.
ton OF such acts by the masses grave.
~ threaten the future If the country.
according to views expressed today by
j. Edward Simmons, president OF tho
Fourth National Bank, of Now York.
III an address before the Maryland
Bankers Association.
He pointed to the lessons taught by
the fall IF the ancient Roman rcpub.
lie, the reign OF terror in Franco and
the disasters which befcll Russian
arms in The recent conflict in the Far
East, all of which, he said. were due
to palliated dishonesty.
Dishonesty in High Places.
Il hear voices from the East and
voices from the West" said he. Oil
boding voices. voices from the pulpit
and the divine. voices from the college
and the educator, voices from the
bench and the bar. voices from the
press and its sagcs, the voice of the
President himself, denouncing in ring
ing tones and deploring the universal
spread of selfishncss in its meanest
and most repulsivc form-tle form of
dishonesty. They bcwail one uniycr-
sal carnival of dishonesty. Alas!
These voices are not unconnrmed."
HAnIiffNa- A. n--I---LIA
He deplcred the conditions which
have led men to tolerate the terms
graft and 'grafters'' and said he
feared the very use of the words was
thief and his trade.
He called upon the members of the
association to give their assistance
in rcmcdying Il condition which makes
it possible FOR men who pose rs the
salt OF the earth and who condemn,
without reserve these who steal $50
or forge Il check for Il 500 or accept
n bride, to themselves, make millions.
by lying. by misrepresentation, by
fraud and bribery" without receiving
punishment or even criticism, while
the man who steals the paltry sum is
sent to Jail.
Hypocrites Are the Worst.
He denounced the man of stainless
private life, who lin the interests of
corporations. of jhe trusts, of the
gas company, of the railroad company,
of the insurance company. have re-
course to every v~illiany damned in the
decaloguc; who does the deed of a
highwayman with the air of a saint"
Mr.. Simmons said hat the work
ings and dangers of great corpora
lions and multi-millionairo enterprises
have not been and are not as fully un-
derstoOd as their advantages. He be-
lievcd that their dark side should be
investigated and set ont as lucidly and
forcibly as the bright side.
Socialism and the Cause.
He referred to the growth of the
Socialist movement. as shown by the
last Presidential election, is due large.
ly to the fact, he said, that the masses
sec great fortunes accumulated by
dishonest ear and when so accu-
INFLATED combined to smother individ-
ual enterprise.
He believed, however, that the situa-
ticn was not without hope as the
very fact that the county has awaken
ed to the conditions and that fearless
and able men are organizing and
leading a campaign against dishonesty
are grounds for hope that a ~farreach-
ing remedial process has already be-
gun.