The daily morning journal and courier., 1907-10-26
TEE WEEKLY JOURNAL. Issued Thursday. One Dollar Year.
THE MEN OF STATURE.

the rich red blood which flows through their veins. At other times quiet in the market place, bent upon legitimate un- dertakings and unmoved by the cla- mor of the crowd, when there are real things to be done to restore con- fdence, steady the hands of the weak and vacillating and turn back the re- treating forces to the firing line, they are found still quiet in their methods, but effective. Even amid the ruins of reckless conduct 1t is a pleasure to watch them, on the one hand, and on the other to find in them the kind of manhood which can be relied upon to save the victims of the whirlwind from themselves.
 The most conspicuous of these fig ures is Connecticut boy, J. Pier pon. Morgan The secretary of the treasury looms big on the horizon, but it is in an official capacity. Other men of many millions present an att tractive appearance in shaping the course of the tossing ship of finance, but 1t is to Mr. Morgan that the eyes of the country are turned. In a gen. erous moment Thursday, when it was learned that he had put his shoulder to the wheel and saved what might have been a fearful experience, the panic stricken stock market, crowded with the false prophets and architects of f1cti- tious prosperity, cheered him to the echo. There in imagination stood in their midst a man or stature against whom the waves of fear, delusion and apprehension beat in vain, His was the part of wisdom, resolution and Judgment The little men of many minds who miss no opportunity to point the silly finger of scorn at him and to bring under suspicion every dollar in his possession or under his control could not be found on deck
 
 low ressonfng had passed; the pres ence of skillful and tried pilot was needed. He was found in the person of MT Morgan. Tomorrow, speaking flguratively, it may be in order to again attack him with vituperation because he has anassed a great for tune and because he leads the rich men of the world in his accumulation of rare works of art. Again may we hear the voice of the theorist crying that no man can honestly accumulate a million, and again when trouble re- turns to vex the som oI man we shall see the blind multitude turn to a man who in the critical moment possesses the power to restore the confidence of a great city in it's own bonds and to revive the credit of broken market system. Incredulity falls in the pres ence of such an exhibition of strength.
 We do not credit MT. Morgan with superhuman qualities. He has his weaknesses with other men, but in a moment of financial distress he dis plays the genius of his class and as such he deserves the admiration of his weaker fellows. So, on the other hand, do the hundreds of thousand of depositors in the savings banks of the country. There is an old saying that extremes never meet but it would ap- s pear that in this connection they do la The masterful conduct of Mir. Morgan nrand the men whom he dominates, finds e,"s.ts reflection in the conduct of the rha asses whose native aood sense teach eJ wfshem that conservatism in viewing cles Sir deposits is better than the ner. V ~ l1Saus apprehension which tends to de. ,~ stroy all. When one comes to measure the conduct of the masses in such ar emergency one Is led to wonder anG admire. It Is their privilege to secure themselves against possible loss by withdrawing their deposits, which tC the majority of them are greater 1T value than the fortunes of the rich but in resisting that temptation they show themselves to be less under th' domination of fear. To find @ paralle for their conduct we have but t. search the political annals of the coun try. Whenever the well-being of soci ety is threatened, whenever the gov ernment is attacked by thoughtles experimentalists, or whenever mistabel legislation undertakes to solve difficul problems the aid of the highly educat ed is reinforced by the common sens of the masses. It was the masses o the people who carried the country be vond the fear of fiat money It was not as freouently charged, the money pu into the campaign. When the cloud which now hover over the field O finance have passed away, 1t will b found that again the great majorit of the humble depositors of the Ian have borne the brunt of the struggl while those who should have bee
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