Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1908-01-11
And on Danger Of Putting "Un-
tutored ldeaIism' in Charge Of
The Nations Affairs.
TAKES WHACK AT ROOSEVELT
Says lie Has fought People To Rely
Upon Themselves Against Himself
And all Others Like Him.

Kingston, N. Y, Jan. 1O--Before an
assemblage of political associates of
his home county of Ulster, former Chief
Judge Alton d. Parker, of the court OF
appeals, Democratic candidate for the
presidency in 1904. spoke tonight of the
causes of the recent credit panic"
and Of what he considered the dangers
Of putting "untutored ldealism" in
charge of the nations affairs. The oc-
casion was dinner given by four score
or more Ulster county Democrats at
which Judge Parker was the guest Of
honor Judge Parker said in part:
I'VE are all members, one OF another
Oregon and Maine are linked together
if only by so humble a bond as the
pine forests and great apple crops.
Florida would be no stranger whether
she found herself seated under the sa-
cred Goldfish that hangs in the hall on
| Beacon street or sat in a California
orange grove. Pittsburg and st. Louis
may INTERCHANGEABLE accept their re-
| spective symbolic Roosevelt currency
| emblems simultaneously Issued under
the stress of the great credit panic.
And here incidentally, we can for
| at least one thing thank our present
| chief executive. He has bound us in
| dissolubly together. He has taught us
| to rely In the last analysis upon each
| other and upon ourselves against him
| self and against ali others like him. he
| has shown us that peace, plenty and
| prosperity are no guarantees If we
| guard not our constitutional rights by
| putting in office constitutional rulers.
| AT time, fortunately, when we could
endure 1t, has he taught us in practise
| the bitter lesson-that untutored IDEAL
| ism, that theory untempered by eN-
| perlence, that callow youthfulness of
| intellectual development become dam
| gerous when let loose on an entire COM
| munity.
What is wrong with our financial
| condition? Can any one say that we
| are on an unsound financial basis?
| What is at fault with general me- can
| tile conditions? They are excellent.
| What visible danger threatens our
| prosperity? None, so far as we can de-
| termlne. Whence, then. this abnormal
| situation which has startled the world
| and reacted upon every European
| financial center?
1.-The answer is to be found in the
| simple fact that there has been de-
| termned attack upon property as such.
"Our actual wealth today staggers
| the belief of the world. Yet great
| unknown, underlined dread--a fear that
we shall none OF us be ailOWeu TO re-
| tain the results OF our toll, but that in
| renewed exploitation of wild theories
theories financial, theories govern
mental theories economlc--we shall see
| the wreck of industry, the paralyzs-
| ton of effort, the destruction or the
| value of the Investments of our saw
ings-has taken possession of the en-
tire body polite.
ITO whom must we attribute this re-
suit?
Now and in the future to any man
who possessed of power. advocates vio-
lent experiment with the existent adj
justment OF human relations, an adj
iustment which has been the slow out
growth of all experience and can only
be modified carefully, slowly and judi
ciously.
"Our individual personal burdens, our
individual responsibilities, make us all
timid We fear mob rule. We rear
riot We fear revolutionary methods.
We fear the sudden application of new,
INFESTED, unthought-out ideas to the
whole social fabric. Confidence is LOST;
Credit is destroyed Uncertainty anu
| dread reign and this most extraordin-
airy of panics has followed as IL Wouiu
again from similar causes.
,Tf Won ask how credit shall be re-
stored | can give you but this negative
| answer.
mot by continuance of the posi-
bility of the application to the whole
| of the country of still other new the
ories nor by a continuance at the VIII
of our present ruler or of any ike him,
| ~ sporadic spectacular attacks, one
following another, upon the various
| forms of invested savings"