The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1907-11-14
PUT BACK THE MONEY.
Cortelyou Says Somebody Is Holding
Cash Out of Circulation.

New York. Nov. 14-Geo. B. Cor
teiyou, secretary of the treasury, de-
nvered an address before the Mer-
$3.50 ars ASSOCIATION in this city this
afternoon He said in part:
am commissioned to deliver
you message of hearty congratulate
lions ana best wishes coupled with a
renewed assurance of appreciation of
your cooperation in many matters of
public moment. That message is from
the president of the United States
we nave learned some things recently
by very trying experience for many
OF you. but one from which hope you
are even now rapidly recovering
Among other things, we have learned
what 1t means to stand steady in
times OF storm and stress. We have
learned. too, more fully perhaps, than
heretofore, the value of credit in the
business world. and have brought
home to us anew the fact that it is a
most delicate part of most delicate
mechanism. We have learned where
weak places were. where improper
practices obtained. We have learned
again the value of cooperation
In some directions what was weak
mas been strengthened, and what is
all important, if any man has been
guilty of violation of trust that makes
MN amenaple to the law. we may feel
confident that it's processes, in orderly
manner and regardless of sensational
Indictment, for or against him will be
evoked in the interest of the public.
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 One of
the most gratifying incidents of our
recent trouble has been the prompt
and patriotic response of MANY of
our great labor organizations to the
appeal of employers for their CO.
operation.
"It is a time when every citizen
should assume his share of the bur-
den. The boarded money should be
put back in the banks and the exac-
tons of bankers and merchants
should be proportional only to actual
business necessities. To do otherwise
is not only unpatriotic but unwise I
believe that if this money of the
country. wherever boarded. were at
once put back to fulfill its function in
the channels of trade there would be
within "a hours, an almost complete
resumption of business operation. The
various plans advocated for currency
REFORM, must be subjected to rigid
scrutiny to the end that the citizens of
every section shall be fairly treated
their ends and requirements consult
ed, and, above all, that whatever ac-
ton is finally taken, it shall be so
sound and wholesome as to enhance
our commercial standing among the
nations of the world.
Grave Problems Before Us.
AS a people we have this and many
other grave problems before us. Their
solution will not be a thing of a
month or year. We must approach
them with the determination to ex-
ercfse dispassionate judgment and to
seek, as our ultimate aim, justice as
between man and man.
1--WE must not allow any temporary
setback Ito stay our progress or pros
recovering from this one. what a great
president of the past has said:
'Resuscitation will not be pro-
NOTED by. recrimination. The distrust
of the present will not be relieved by
a dfstrust of the future. A patriot
makes a better citizen than a pessi-
mist The country is not going back
ward but forward. American energy
has not been destroyed by the storms
of the past. 1t will yet triumph
ton
I'VE well recall. too. this wise coun-
sci from his successor. whose message
of congratulations and good will I
delivered to you but a few moments
ago:
- Let US go on with the work of
material upbuilding of this country;
and at the same time remember that.
though it has good foundation of
material we'll being, yet it is only the
foundation and upon it must be built
the superstructure or the moral and
spiritual and higher life of the nation
And finally we may we'll recall as
peculiarly applicable to present con-
ditions the sensible words of a recent
editorial in one of our great news
papers:
" This is not the time to assail
credit but to give it confidence. not
the time to hold other men less
worthy and less patriotic than our
selves. The need of the hour is to
sink prejudice and partisanship for
the national good We must restore !
in men, confidence in |
confidence in business. That |
means prosperity