Omaha daily bee. (Omaha [Neb.]) 187?-1922, 1907-11-21
BASIS OF PROSPERITY IS REAL

pdnquel last night, attended by many men
IN public life in Ohio, Attorney General
Wade H. Ellis spoke on The Republican
Party" He said In part:
who has been hurt by the honest and
vigorous policy Of Theodore Roosevelt
What act or utterance of his threatens
The security Of honest wealth? What
menace Is there anywhere to the safety of
property. whether held by an Individual
or a corporation7 What danger is there
10 the so-called vested interests II they
are vested In obedience to the law7 What
righteous fear Is there from any quarter
that those inalienable rights OF man-life,
liberty and property-are not as sacred
aye, more sacred. under the constitution
today than at any time in American hts
tory7 What innocent man has been pun
lshed7 What guiltless corporation has been
injured? Scan the whole history OF ex-
ecutive acts since Theodore Roosevelt ac-
cepted the solemn trust laid down by Will
. liam Mckinley, and point, II you can, to
one instance in which an honest, unoffend-
ing business or enterprise has been either
attacked or threatened. Has It come to
this, that law is dangerous, and that the
only safety for property is in a refusal
by the chief executive oficer OF the nation
to enforce the statutes and the public
policy deliberately adopted by the chosen
agents OF a representative government?
Is that the issue rendered by the so-called
reactionaries?
Basis of Prosperity.
rs It true that the marvellous prosperity
we enjoy In America today is built upon
, some basis Of dishonesty, and depends for
its permRnence upon the evasion Of the
law? II this be true. and II business sue
cess is more important than business virtue.
- -.
to the presidency; let us hasten to put in
the White House some man who will hold
up his hand at the steps Of the capitol and
take an oath to disregard the law. II
exactly the contrary is true, that no pros
perity worth while can rest upon evil and
favoritlsm and that honest business enter
prise ~ 'freer and safer when protected by
a wholesome respect for the public will
as expressed in the constitution and laws
OF the land then let us choose as a sue
cessor 10 Theodore Roosevelt one who will
continue his COURAGEOUS policies.
But there are some who have been hurt
by these policies. Wall street and the
whole fraternity OF stock gamblers and
promoters are against the president. They
produce nothing; they create no wealth; +;
they manufacture no products; they con-
serve no property; they toll not, neither
do they spin. Their enmity to Roose-
Welt is his brightest badge OF honor.
Machine-SIade Panic.
"What was the occasion for any lack Of
confidence in the business situation Why
are we threatened with panlc7 why does
that threat come now2 What is the source
OF this fear that something is going TO hap
penn l would not charge any man or set
OF men with deliberately planning to de
stroy business confidence in order to give
an object lesson to the country OF the effect
of Roosevelt policies; nor would 1 say that
any leader or leaders OF great financial in
stitutions, conscious OF their power and re-
sponsiblity would wilfully seek to dis
credit the national administration in the
minds of merchants, manufacturers, de-
pokitors In savings banks and workingmen
throughout the country no matter how
earnestly they might oppose the plans OF
purposes OF that administration. But do
say, without fear Of contradiction. that the
present financial furry, the worst of which
happily IA over. has no natural or reason
able basis. II Is a machine-made panic.
II IL false and artificial in every sense
'RoOseveIt Currency"
NOW, are the people to be deceived? IL
the small merchant the manufacturer, the
savings depositor, or the wage Garner to be
turned against the present policies of the
national administration by this kind OF an
object lesson9 They are displaying a
good deal OF oommendsble intelligence.
The other day when great industrial plant
in this state was unable to meet its payroll
for lack OF cash. men OF its own employees
loaned It the money from their savings and
made the payroll themselves. In Cincin-
natl the other day the street railway an
nounoed that it would pay all its men
Al.
checks and not one protested.
Even the use OF these cashiers checks
is being made an occasion to discredit the
president They are called Roosevelt Cur
reney.' It Is the highest honor that car
be paid the man whose name is used Why
Is II Roosevelt Currency Why is Il cur
renoy at all? Why does 1t pass. current'
why Is It accepted anywhere2 Why is Il
that merchants, even savings banks, are
announcing that they will take such checks
at their full face valve during the present
smergencyi II Is because the people have
confidence particularly In the nationa
banks, and they are the institutions which
have ohiehy inaugurated this movement
through the clearing house associations al
over the land. for in all this FURRY not Z
national bank has failed. They are undeI
that federal supervision which the presI
dent stands for and believes in. and that II
why Il is not an epithet OF opprobrium
but an indication OF strength and security
to call these cashiers checks. good as gold
all over the land, Roosevelt Currency
Panic VIII he FissIe.
THE people viii not be fooled. tn,
panle win be a aEEle. The effects of Wal
street Vaccinations may not pass away
as quickly as we should like. but alread,
signs OF restored confidence are to be seer
on every hand and the night for better
things will SO on.
The Roosevelt policies win be con.
tinued. and when we come 10 choose IN,
man who shall execute the public will. a,
the successor OF him who has been IN,
greatest exponent OF real repubhcanlsu
since the birth OF the party. the American