Evening star. [volume] (Washington, D.C.) 1854-1972, 1907-04-12
THINKS COUNTRY ALL RIGHT.
Rogers Says Providence is With
Us for Prosperity.

BALTIMORE. April 12.-H. II. Rogers
has expressed a most optimistic opinion of
the financial and commercial outlook in
interview printed yesterday in the Manu-
facturers' Record. After reviewing In gen
eral terms the economic conditions on
which he bases his views. he says that with
the help of Providence everything will work
out all right
The Manufacturing Record quotes Mr.
Rogers follows
II believe in providential happenings in
all the affairs of men, and ! believe that
Providence is the side of this country
and that everything will work out all right.
l don't believe the people are going to over
look the things that make for their we'll
being. The whole country has had
taste of the blessings of prosperity. and in
a providential sort of way l believe the
people are going to eliminate the factors
that would stand in the way of continued
prosperity.
Continued agitation the people will see.
unsettles conditions. You cannot move
loads with a team that won't haul-with
horses or mules that will not pull together.
The people must see that settled conditions
are necessary for progress and develop
ment. and l believe that the sentiment of
the country will have so crystallized within
a few months that there will be practi-
Cally united demand 1Or the strongest con-
servatism in the conduct of the government.
We must have settled conditions, and | be-
leve we will have them.
while the recent panic is described
a furry among the Wall street gamblers.
its effects and significance are not to be
contemptuously dismissed. When investors
from the outside can come up to Wall street
and buy stocks-or bonds that pay good divi-
dends or yield a profit by an advance in
price, Wall street is considered by them
then as a very good place, but the money
that Is paid out in dividends or the profits
secured from advances in the price of
curities must come from somewhere.
when the tide turns and securities
sacrificed in a falling market 1t does not
dispose of the matter to call Wall street a
den of thieves. Wall street is really the
clearing house of the country. Here the
great railroad and industrial enterprises of
America are financed, and depression in
Wall street necessarily to greater or less
extent affects the business interests of the
whole country.
Mr. Rogers uses the history of his own
great industry to illustrate the providential
workings on which he pins his faith in the
ultimate solution Of our present problems.
Take, for instance. the history Of the
petroleum development of the world" he
says. 1T is full of provdential happen
ings. New fields have been discovered
fast as needed, and from 1900 barrels in
1859 the production has become so great l
can't carry the figures in my head. Petro-
leum, providing illumination that now
changes darkness to daylight in homes all
over the world. has been the greatest civil
izer outside of the Christian religion that
humanity has known and its discovery and
development in Pennsylvania and West Vir-
ginia. in Texas. in California, In Russia
and everywhere it has been found seem to
have been made at just the time when
needed and when the people We're prepared
for it's use"