Waterbury evening Democrat., 1906-04-26

does not impress you in the same way in (which it impresses me,n said Dun- can "You men of affairs are just now beginning to do the very greatest work of nation building that has ever been dhhe since time began, but you are so close to your work that you do not appreciate it's colossal proportions. You have no perspective. In that have the advantage of you. May go on and set forth the whole of my thought?"
 'Yes; certainly. I want to hear. Go oa.s z. :, ,,'...
 Well, then, let me explain and illus trate. A little while ago, in going over your accounts, discovered that the cotton and grain you shipped from Cairo to New York must be five times transferred from one car to another. That entailed enormous and needless expense in addition to the delay. A few weeks ago suggested to confer ence of railroad nabobs at your house that you should organize line of through freight cars, which should be loaded at Cairo, St. Louis, Chicago or anywhere else in the west and hauled through to New York, Boston or any where else in the east without breaking hnlk. The saving of expense was so obvious that you put hundred thou sand dollars into the line, and the rail- road magnates made specially good terms for the hauling of the car. You expect and will get dividends from your investment. The railroad men see profit for their companies in the oper- ation of the line. That is all that you and they foresee of advantage. In my view that is the very smallest part of the matter"
 "How do you mean"
 s'Why, taking cotton as basis of reckoning, this through line system of transportation, owned independently of the railroads, will make an impor- tant saving in the cost of raw mate terials to the owners of New England mills. They will run more spindles and set more looms a-going than they would have done without the through lines cheapening of raw material. They will pay better wages and reap larger profits. They will produce more goods, and they will sell. them at smaller price. The farmer in the west will pay less for his cotton goods and get more for his grain because of the through lines cheapening of transpor- tati0n. He and his wife and his chill dren will dress better at less cost than they otherwise could do. Bear in mind that the lines cars will carry other things than cotton. The people of the east will get their breadstuffs and their bacon and their beef far cheaper be- cause of its existence than they other wise could ===--===-=----------==--------=--- ===----
 "Now, again, little while ago you were in Washington. You found it necessary to execute certain papers and to file them in Chicot county, Ark, before certain fixed date. You or dered me by telegraph to prepare the papers and bring them to you in Wash ington in the speediest way possible in order that I might carry them within the time limit to their destination. started for Washington within five minutes by the quickest possible route, preparing the papers on the train. 1 had to change cars five times between Cairo and Washington and seven times more between Washington and Mem phis. All that will presently be chang ed. The railroads of this country, to- gether with the new ones now build ing, will presently be consolidated into great systems. Transportation, both as to freight and as to passengers, is now done at retail, and the cost Is enormous. It will. after a while, be done at wholesale and at a proportion ate reduction in cost.
 Now, the thought that is in my mind is this: We have got to build this great nation anew upon lines marked out by the events of the last few years. The war has been costly, enormously costly. It has saddled the country with a debt of about 5000, COG. 900. be- sides the incalculable waste. but 1t has awakened a great national self con- sciousness which will speedily pay of the debt and incidentally develop the resources of the country in way ney- CT dreamed of before. These resources, so Tar as they are undeveloped or only partially developed, lie mainly in the nI . sa, 1,,~- ~a In velop them.
 The government is building a rail road to the Pacific coast. That, when it is done. will annex a vast and singu. larly fruitful country to the Union"
 "Why do you not include the south in your reckoning:" asked Hallam.
 '1 do. Under the new conditions the south will produce more cotton than 1t ever did. and its coal and iron resources will be enormously developed. but the south is for the present handicapped by disturbed conditions and a disorganized labor system. IL will be long before that region shall take its full share in rational development-in what I call satIon building
 Pardon me for wandering so far afeld- I have meant only to show you what regard as the true character of the work that you and your associates are doing Now. I wish and intend to 10 my share in that work To that end I must nave money or my own and that control of other peoples money which comes only to men who have money of their own. I don't care fig for money e.- lee or,-r. xaEa u@ur if as a tooI