The daily morning journal and courier., 1907-11-14

perIence Wltn the lalIeri we SHall know
 No one smarting under present con- ditions, realizing the tremendous shrinkage in values, but is wondering what is to be the end, and to the an- swer so f1lppantly made that the losses are only on paper. I would say that market quotations are the hall mark of the financial world and that same world which was so ready few 1 months since to give credit cn the basis of such quotations, through an unnecessary and absolute shattering of confidence, has little or no use to-day for any system of credit whatever, and 1 there is insufficient money in the world to carry on business If it must actually pass from hand to hand.
 Confidence and the credit resulting, with a small amount of money, will accomplish miracles in the business world. A much larger amount of money with lack of confidence and the dis trust resulting can accoplfsh but little of value.
 Road Football Of Politicians.
 The position of the company with which am connected furnishes an in- stance wherein a business enterprise of large importance is being made the football of politicians and we are caused large loss and embarrassment.
 As a result of pressure by politicians, promoted as believe by people whose interest is other than a desire for the enforcement of the law, an investlga- ton has been ordered of our company. concerning the things it has done, has left undone, and has thought of doing.
 Politics Delays Investigation. But for politics the investigation could have been completed long be- fore this, but an election was coming on apace, and the interests involved tnot ours) required notice in the press, something in the way Of con sideration commensurate with the dix nity of the ticklers and prodders of the octopus was necessary-the ,sev- eral tentacles required ass,stants to hold them--even though they had promised to stand atln and make no Itrouble-an admiring public must have time in which to become familiar 1 with its trusted servants; assurance 1 had to be given that the interests of 1 the public were in safe hands and no guilty man should escape; tho goddess of justice had to avow her own cnas- tity though never questioned--we were pretty near Canada, though we had no disposition to fly. Men have achieved distinction with less opportu- Unity, and lightning might strike again. Tho chances were great. | Even if nothing came of it, only the lcorporaticns would be embarrassed, | end It was altogether too common now for that to occur, to warrant l consideration-that really what cor poratlons are for, nowadays, and if 1t 1 is not so stated in their charters it ought to be. Everybody must be giv- on time to send in all the complaints they could think of--no bouquets or Icompliments were desired
 Nothing Too Ridiculous.
 The agitation was started through mendacious reports that our company was going to finance a political cam paign in neighboring state for a large amount.
 Apparently nothing is too ridiculous to be believed when votes are in the balance, and quick action was secured by local legislation, holding every thing up until after election and an other session of the legislature.
 Business could go to the dogs! When votes are to be gained, who thinks of business-that is something to be taxed. Political necessity knows no obligation but to succeed. The people pay the bills. Brains em- ployed In the realms of higher politics cannot be harrassed by tho common place cares of business earning a live lihood or even understanding the pro cess. Perish the thought!
 Men Ready to Draw Complaints.
 Able attorneys can always be secured to draw complaints that will attract attention, and officials in charge have a wide discretion In investigating them, 1 They can be investigated quietly and all possible harm be avoided, or they can be investigated with brass band and the greatest possible damage re- suit The mere filing cf complaint c ten will accomplish what is wanted, ,- 1t is not always done so much to set