Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1907-11-15
C0RTELY0U DELIVERS CHEER -
Full ADDRESS TO MERCHANTS,
Speaks In Optimistic Vein Regarding FL
nancial Situation Which Is Steadily Be-
coming Better==Word From President.

step toward 4 better understanding be-
tween employer and employed.
| 1t is :, time when every citizen should
! assume his share o. the burden. The
| hoa riding Of money. tn" eXactlon OF I'M
| necessarily harsh requirements in huSl-
| ness dealings but retard our return 10
normal conditions. The boarded money
should .. put back in the banks and
| the eXactiOnS Of bankers and merchants
| should be proportional only TO actual
| business niece SSitieS. To do otherwise
! is rot only uapatriOtic. but unwisc.
believe that if this money of the cOun-
try wherever hoa I'd I'd. We're at once
| put back To fulfil its functions in the
channels of trade. there would be with
/ in u hours an almost complete re-
! sumption Of business operations. l
doubt whcthrr we can in any way cSti-
mate ;hc loss that has fallen upon
those who have either through selfish
| C,r misguided motives. thus drawn
! tiI-I:' money from places Of more than
rras 'na! L. safety to put il where it has
! been lost through robbery or fire or
other mIsfortuncs.
| During periods of anxiety and unrest
! the President and his advisers are APP
| l.-aIad to from all quarters with sug-
gcsted remedies for existing evils.
| Some are worthy of serious; conSil-
GRAFTON. hut many, very many. do not
fail within within that classification.
A case in point are the suggestions
Of various kinds that are now made
| for currency reform This subject is
one of great concern to every citizen
and it must have tn" fullest and most
| careful consideration. We must not
be pushed into ill-considered legisla-
! ton. Panic in legislation is worse even
than panic in business for it strikes at
| the foundation of the government.
| The various plans advocated for
currency reform must be subjected to
rigid scrutiny. to the end that the citi-
| Zens of every section shall be fairly
treated. their needs and requirements
| consulted. and above all, that what
ever action is finally taken. 1t shall pc
50 sound and wholesome as to enhance
| our commercial standing among the
| nations of the world.
| As a people We have this and many
| other grave problems before us. Their
| solution will not be Il thing of Il
| month or a year. We must approach
| them with the determination to eXer-
else dispassiOnate Judgment and to
seek. as our ultimate aim. justice as
| between man and man.
In the great field of legislation what we
reed are fewer and better laws and bet
! ter enforcement of them Amendments t..
existing statutes admittedly defective will
! do much to point out limitations and
definite liability. We should have more
cooperation in business. whether among
| the banks or among mercantile estab-
| lishments and other undertakings, each
| to operate in its own field, controlled
or regulated by law to the extent that
! Will fully safeguard the interests of the
| people and that far only. but SC devised
| That each may he ready ut all times to
| unite with others, when danger threat
ems. for the protection of credit. for the
| stability of business and for the main
tenance of national honor. However seri-
Gus our problem and especially however
| Keen may he the financial embarrass-
/ m"nts of these recent occurrences. We,
| rrSt not allow any temporary setback
! t" stay our progress or our prosperity.
We NAV we'll recall. as we are recovering
| from this one. what n great President
| OF the past has said:
| DEMONSTRATION will not be promoted
by termination. The distrlst of tbs.
| present Will not be relieved by q dis
! trust ol the future. A patriot makes
| a better citizen than a pessimist The
| country is not going backward. but for
| ward. American energy has nor been
| destroyed by the storms of the nasi
| l, VIII vet triumph, through wise and
| hrneticent legislation"
! We may we'll recall. too. this wise
| counsel from his successor, whose mes
| sage of congratulations ana good will
| d"iiNered to you but a few moments
| ago, Let us 60 on with the work of
| ''le material well being, yet it is cnlv
| lAe FOUNDATION. and upon il must be
| puilt the SuperStructure of the moral
ana spiritual higher life Of the nation"
| And finally. we may well recall nc
| Iecnllarly applicable to present condi-
| ''"iS 'i' sensible words of a recent c,Ii-
| '"iIal IL onr of our great newspapers.
! iiiS Is not the time to aSsau credit
| 'ut to give it confidence: not the time ,o
h"id ether men less worthy and Iess
| Pa'rIouc than ourselves. The need of tb,.
hour is 10 sink prejudice and PARTISAN
snip Tor the national good We must re-
| store confidence in man cnnf;do,co T.,
methods. confidence in business Tb.,
| means prosperity"
Your association has accommodated ,
| great deal on the lines laid down ubo,
! Continued on Page Nine>