Evening star. [volume] (Washington, D.C.) 1854-1972, 1907-10-03
FORAKER OPTIMISTIC
THINKS PUBLIC WAVES OF HYS-
TERRA ARE sUBsIDING.

CINCINNATI. Ohio, October 3.-Denun-
citation of that pessimism which "emanates
from critics of the efforts of the Prcs-
dent to enforce the laws of the country and
bring offenders to justice" concludes the
address of Senator Foraker yesterday be-
fore the grain dealers national convention.
Senator Foraker first reviewed legislation
on transportation and rates, declared that
he had an abiding faith that the waves Of
hysteria in which We have been engulfed
are subsiding,'' discussed the recent falling
off in Wall street valuations and the grow
ing lack of confidence that has resulted,
and spoke briefly of the inability of rail-
roads to market enough securities to en-
able them to make needed improvements
and engagements. Continuing, he said:
Il am optimistic enough to believe that
turn of the tide VII come before We
reach the stages of panic and disaster, but
1t must come soon or be too late to avert
consequences of the most harmful char
acter.
Up to the Business Men.
"Only the business men Of this country
can turn this tide and they can turn 1t only
by showing confidence in each other and in
our future In that behalf it behooves them
to discountenance and frown upon all kinds
of pessimism, especially that which
emanated from critics Of the efforts of the
President to enforce the laws of the coun-
try and bring offenders to justice"
He quoted from recent Wall street re-
views in various newspapers in which the
effect Of President Roosevelt's speeches
was discussed adversely, and said:
'All this is not only monstrous, but
without precedent for never before since
the beginning of our government has the
mere announcement that the President was
intending to make speech been seized
upon by his critics and enemies as
Gov Hyoftt nex Nhn ohnn cf0 Of he
business community. 1t Is utterly ridicu-
ious that they should do so now.
mo matter what the President may say
our government remains, and even If he
should propose what might prove harmful
it could not be executed without the CO.
operation Of the other departments of that
government.
Should Study the Conditions.
1T must be remembered that it is his
duty to study conditions. have opinions
and make recommendations. and If he
should err we need not be frightened, for
we do not need to adopt his views unless
we approve them. and If we approve them
we should find fault with ourselves rather
than with him If they are wrong.
He will not make any recommendations
in the wisdom of which he does not be-
leve, and he will not take any steps in
the exercise of the authority confided to
him except only such as commend them
selves to his Judgment, and even those
who distrust his opinions and Judgments
mie1t we'll forbear from making such
comments in view of the fact that under
our system of government there comes In
short time an end of all official power and
authority for Presidents as we'll as sena-
tors and other public servants.
Therefore. whatever your individual
opinions may be, do not listen to these pes
simistic suggestions. On the contrary, be
of good cheer and go forward with conf
fnr he G
any man or any official, SO Is the future
greater than the past and the rewards of
business yet to come richer than any that
have We. been gathered"