The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1907-12-22
.Stupendous Pro r+itty
Checked by Alsleg ed
Moral Regeneration,
IlN rNOCENT SU F FER
WITH THE GUILTY
He Declares That Common
Sense Propositions as to Bush
ness Are Whistled Down by
Self-Constituted Moral
+. + Reformers and Pros
perity Destroyers.

q CLEVELAND o. DeeeiAueA
United states Senator'S, CongressrllS y.
high goyernme MT officials and repre-
OF many business Interests
gathered here to-day In the interest,"
OF a ship subsidy measure. The con
vention was In degree the begin
ming OF campaign Of education. ou.
the greatest efforts OF the league Will
be directed asa.nst Congress this win.
ter In the Interests OF the un ,'IesI
states mail subsidy for ocean steam sa'
ers.
II is estimated that the government
will have to dJnate about ~, ooo'Voo
to place the merchant marine IN q
position successfully to compete WIZ
the merchant marine Of other nations
where subsidy exists. Che day . coz
ference was conciuded with a panq u ls
this eve r.Dg " n .ch was a. general love
feast over the success of the LEAGUE IN
its work SO lar. The star attractions l .
az the banquet were Senator j.. =.
70. aKer. OF ohio. and senator y. =.
Calm ger, OF. New Ha..pshire.
Plea Tor Carr lnK SHIPS.
Senator Foraker's address was 9
up an American merchant marine Az
bearing upon his subject ne took oc-
CASTOR to discuss the present financial
conditions. which he declared were IN
'evltab.e because of many influences,
chef OF which was the passage OF the
rate bill by the last Congress-. making
the revenues OF 100000 miles Of rail-
road dependent upon "a ALTERNATING
commission Of seven men sitting q IN
Washington" "a
The application Of our interstate
commerce laws to our foreign com
tmerce!rs he said. els handicap Of the
most serious character. not only TO fou,
industries at homs. but To- thia grea,
industry @nf The sea The law shonle
be amended In this respect This !.
generally. recognized and admitted. ant
yet public sentiment Is in such state
that there Is q general tations to act
sit Is Impossible :. he said, for Soul
agents abroad to successfully compete
with agents OF fore. gn nations. wher
our rates for E!lipment are fixed anc
published all over the world, and can
not be changed except upon thirty
days notice. Il z;
Refer to Panicky Conditions.
Ivy g. dIS HpdSStu6 LII Ou6A II q pa 49,
esperience."d declared Senator Foraker
ton with respect to great bushes!
transactions are whistled down .th.
wind II they do not happen 70 suit tn.
exc. ted fancy of a lot OF .self-constt
tuted representatives OF an ALLEGED
moral regeneratio of the business
world. All this lis unnatural. unwar
ranted and Injurious. and we are nov
paying the penalty. The most stupen
dous prosperity the world has eve
witnessed has been oh ecked and chilled
ut Will be months. probably longer
before we recover, and we never vii
recover unless we regain confidence II
the integrity OF each other, once NOR
regard success In business as honorable
and content ourselves with sane regu
tlat!ons that will punish wrongdoer
without bringing wholesale disasterft
the innocent.
Il Subsidy Only Feasible Plan.
II continue to believe that the sures
and best way to restore our merchah
| marine Is by a return to.discriminatin
duties. and continue to believe. tina
when we shall have done this our fla
4 will again soon be flying over a.
oceans. we should take that step q
once. but that seems for the present I'm
possible. In the meantime there |
j! no chance for any kind Of help cxcep
only that which is IN this nature q
bounties or subsidies. 1t Is that q
nothing, and that is far better tina
! ,nothing.",
4 He approved the Gallinger BILL no,
before Congress-. and said 1t would d
much to build up an American shippin
4 Interest a merchant marine. he sal,
\ would upply American seamen Il
4 mari "a 4 sh}na 49, 49, y