Gainesville daily sun. (Gainesville, Fla.) 190?-1938, 1907-04-15

cent less that it was 20 years ago.
ruinous crop failures do not occur
along the line, and the road is uni
formly prosperous. l understand the
South has similarly learned the Lesson
OF liberalization, with the resut that
700 never were 90 prosperous IN that
important section, snd that the came
conditions exist in the West.
Everybody is living on a scale
different from that OF a few years ago.
AZ rule, everybody has more
money than he had in former years,
aud we all ,equire more comforts, con-
veniences and Injuries. We live in
better homes than COR fathers did we
wear better clothes than the genera
ton before us our children 60 to bet
ter schools; We travel more, we have
things to eat every day that we had
only &c certain seasons OF the year a
short time ago. and we have more
money in our pockets than the people
did Of generation past, This means
that a greater production OF every
thing is required; that people have
more to do, and it takes more workers
30 accomplish Whist must be done.
II believe in providential happen
ings in all the affairs OF men, snd ]
believe that Providence is on the side
Of this country and that everything
will work DOT all right. don't be-
ieve the people are going TO overlook
the things that make for their we'll
being. The whole country has had q
taste of the blessings Of prosperity,
aud in providential sort OF way ] be-
lieve 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, aud / believe that the sentiment
of the country will have so crystal
lied within few months that there
will be a practically united demand for
the strongest conservatism 10 the cone
duct OF the Government. We must
have settled conditions, and believe
we will have them,
"While the recent pPuic is described
az furry among the Wall Street
gamblers, its effects aud Significance
are not 20 be so contemporary dis
missed. When investors from the OUT
side can come up TO Wall Street end
buy stocks or bonds that pay good
dividends or yield profit by an adj
vance in price, Wall Street is eonsid-
cred by them as a very good place. bot
the money that IA paid out In divi-
dends or the profits secured from ad.
vanees In the price Of securities must
come from somewhere. When the |
tide turns and securities are sacri-
feed in falling market II does not
dispose OF the matter 20 call Wall |
Street den Of thieves. Wall Street
Ia really the clearing house Of tho
country. Here the great railroad and |
industrial enterprises Of America are
financed, and depression IN Wall Street
necessarily 70 a greater or less extent
affects the business interests Of the
4hole country. But the important
point Il this, Confidence that leads 70 |
investment IN securities Il essential 10
the continuation OF development And
aettled conditions are necessary 90
maintain confidence. Every new en-
tsrprise requires money 90 carry II
through. Wall Street. IL ls but an ele.
mental fact 90 state, affords the great
est marker In the country for the Sc
curities Of these enterprises. When !
there IA no sale FOR securities at nor
nal values enterprises are halted. We
hass already seen hos various Inn
provements contemplated b the rali.
roads have been temporarily Suspend
81. would like % make this points /
There Il more wealth 10 the country /
today than ever before known. Cen-
ditions, requirements and methods u