The daily morning journal and courier., 1907-11-15

confidence, the measure of public ap- proval of their service will be large indeed. Other great commercial and industrial centers have co-operated, and back of them all has stood the government as representing all the people, seeking to aid only legitimate interests, and to render assistance to every state, and every section.
 Now that the financial storm ap- pears to be subsiding, we should turn our attention more and more to the relief of the country at large. In the south and west and on the Pacific coast, and in other sectionss there are heavy demands upon all available funds for the movement of our crops for the continuance of other mercan- tile undertakings, and, what we must not for a moment forget, for the em- ulovment of labor. One of the most gratifying incidents of our recent trouble has been the prompt and pa triotic response of many of our great labor organizations to the appeal or employers for their cooperation. This co-operation, In most cases initiated bv them, should be availed of every where by employers and should be generously recognized as a distinct sten toward a better understanding i between employer and employed 1 It is time when every citizen should assume his share of the burden, ! The boarding of money, the exaction of unnecessarily harsh requirements in business dealings, but retard our return to normal conditions. The hoarded money should be put back in tbe hanks. and the exactions of bank are and merchants should be propor- tioned only to actual business neces- sites TO do otherwise is not only unpatriotic, but unwise. believe that if this money of the country, wherever hoarded, were at once put back to fulfill its functions in the channels of trade, there would he within twerty-four hours an almost complete resumption of business op- erations.
 During periods of anxiety and un- rest the president and his advisers arc appealed to from all quarters with surgested remedies for existing evils | Some are worthy of serious consider ation but many, very many, do ho' fall within that classification. A case in point are the suggestions If variou; kinds that are now made for currency reform. This subject is one of great concern to every citizDn, and it mus have the fullest and more careful con- sideration. We must not be hurried into ill-consldered legislation. Panic in legislation is worse even than panic in business for it strikes at the foun- dations of the government.
 The various plans advocated for cur rency reform must be subjected to rig,t scrutiny to the end that the citizens of every section shall be fairly trent cd, their needs and requirements con suited, and, above all, that whatever action is finally taken 1t shall be st sound and wholesome as to enhance our commercial standing among th' nations of the world.
 As a people we have this and many other grave problems before us Theil solution will not be thing of a montl or a year. We must approach then 1 with the determination to exercise dis passionate judgment and to seek, a! our ultimate aim, justice as between
 man and man.
 Tn the great field of legislation, what we need. are fewer and better laws ant better enforcement tof them. Amend ments to existing statutes admittedly defective will do much to point out i'm itations and define liability. We should have more cooperation in business whether among the banks or among mercantile establishments and other undertakings, each to operate in its own field. controlled or regulated by law to the extent that will fully safe- guard the interests of the people, ant that far only, but so devised that eact \ may be ready at all times to unite witt 'Fothers, when. danger threatens for tht protection of credit, for the stability oi business, and for the maintenance o, national honor.
 However serious our problems, and especially however keen may be the financial embarrassmenfs of these re 1 cent occurrences. we indst not allow any temporary setback to stay oul spragress or our prosperity. We may lg gwell recall, as we arc recovering iron