The Lake County times. [volume] (Hammond, Ind.) 1906-1933, 1907-10-23

why holders OF our railroad securities
~ Europe, fastened to throw them
sack on the American market under
ehe impression that they were at the
mercy Of none but rascals and rogues
as long as they held them.
4hey suffice to explain why the on
siaughts Of the president on .rnaIefac-
! tors in other Industries, as he has
"ldened his policy and the circle of his
denunciation, have been received bv
the people t large, first with aston
ishment, then with indignation, and
hnally with loss of confidence in
everybody who had property enough 10
hhance great undertaking or energy
enough to organize a great enterprise.
20 this morning we read in orr
newspapers of conditions in the east
winch viii make many a cheek blanch
with apprehension and will bow rnany
head in sorrow and distress. II is
a terrible price
1t IS terrible price to pay in order
mat the president might vent his per-
sonar scorn on four or five men in New
YORK who have criticised his admins
tration; in order that he might appear
before the world as the one honest man
IN the United States lighting for de-
eency with his back to the wall
against the rest of this nation; in or
der that he might call to his aid. in
addition to the orderly processes of
law, the wrath OF a great people
aroused; in order that Mr. Hartman
and Mr.. Rockefeller and Mr.. Rogers
and Mr.. Hill and others, for whom the
q
feel the weight of his arm and ac-
knowledge publicly the self-evident fact
that president OF the United States
Is above US all in power.
For in order that these things might
be demonstrated, and in order that
these few men might be punished. a
million, two million, prehaps three mil
lion, families will be sorrowing within
the next thirty days, as they look on
their shrinking fortunes and feel that
cruel loss of confidence with which half
OF the country is stricken today and
perhaps the whole country will be
stricken before New Yeas's.
1t is worth the price? 1t the fact
that John D. Rockefeller or e. H. Iar-
riman or James ]. Hill is worth a few
millions less than he would have been
worth if Mr.. Roosevelt had not started
his campaign against men of property
in this country, and that they are all
jeered at by the multitude-is that
worth the general distress that has
been spread hither and thither by the
disasters of the last few days?
And, finally, is this nation fallen into
that condition of chaos, has the ma
chtnery of our courts become so weak
and worthless. have the laws of the
United States become so inadequate and
lmpotent that justice cannot be adj
mtnistered in this republic, that the
guilty cannot be punished, that the in
nocent cannot be protected, without
the finging of thunderbolts and the
SCATTERING Of skies from the White
House, without the prostration of in
dustry, and the devastation of the for
tunes of millions Of citizens who have
sinned neither under nor against the
law?
We believe not. We believe not. We
believe that the president Of the
United States has erred, and erred
grevious1y-even disastrously. We be-
lieve that. needlessly, reckIessly, he
has insisted upon robbing this great
nation of confidence in it's own indus
try, commerce, finance, and trade, and
we do not believe now, and never shall,
that the plea so frequently made for
him-that he is honest-is an ADEQUATE
plea
That a man is honest, as every one
of his predecessors in the White House
has been honest is utterly beside the
question: trivial excuse, indeed, for
seourging back whole nation from
the heydey of a glorious prosperity
Chicago Inter-O Ocean.