The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1908-02-09
DAY ONCE MORE
IN L|MELIGHT
Spirit of Prophecy Descends
Upon Syracuse Man and
He Lifts Up His Voice.
BLOOD TO FLOW IN STREETS
TORCH OF NIGHT RIDERS TO
LIGHT THE HEAVENS.

Albany, n. Y, Feb. s.-Chancellor
James R. Day of Syracuse university
was guest of honor at the annual meet
ing and banquet of Group V of the New
York State Bankers association at the
Teneyck hotel here tonight, and in
speech denounced those who would ere
ate class hatred and prejudice and
cause distrust of business men, whose
genius and money turn the wheels
which give employment to millions of
laboring men and women"
Representative Charles n. Fowler.
chairman of the house committee on
banking and currency, also delivered
an address.
Chancellor Day said:
Days Vigorous Speech.
What of our future? If you will
stop the rawlings of the demagogues; if
you viii serve vigorous notices on the
men who are defaming our business
men and discrediting our trade by rep
resentinS our products are the sum of
all yillainy in fraud and adulteration:
If you will call to account the men who
are depreciating our bonds and stocks
in foreign markets by comparing our
great center of brokerage and exchange
with den of thieves; if you will insist
that our great railways shall have fair
play in their efforts to make new adj
justments and to meet the demand of
a fabulOusly developing country; if the
whole people will rise up out of sus-
picion, distrust and ignorance concern
ing economic conditions and insist that
no man shall have their votes or their
following who defames his country, six
ty days viii put an end to these hard
times and they will never return while
we maintain our self respect and insist
that the rich and poor shall live and
work together in harmony under the
guiding province of thai God who made
them ali.
Predicts BIoodshed.
But if you acquiesce and by silence
consent to the infamous work of the
scandal monger and permit the widen
ing of the chasm between our thrifty
men and the restless anarchistic So
ciahsts; if you indifferently look on and
utter no word of protest against an agi-
tation that invites the anarchist to
sharpen his dagger and that appeals to
he poor to take the property of the
rich with violence because it has been
stolen from them; if you admit the JUS
upon the mighty forms of our finance
manufacture and trade. and the estates
of the successful in the development of
our industries, | prophesy, as / did the
panic more than year ago from the
same causes, that before another half
a decade blood will flow in our streets,
and the night riders torch will light
the heavens with appalling glare"
Chairman FowIer's Address.
Representative Fowler said:
THE bill introduced by me provides
for a guaranty fund of 500, 600, 900 in
the United States treasury to protect
the depositors in national banks. Such
a guaranty fund in the United States
treasury would avert panics. 1t would
prevent that fear which leads to hoard
ing. Unless the relief I advocate is af-
forded, sooner or later we shall have a
postal savings bank in this country,
and then the government will have to
become a large buyer of bonds to in
vest the accommodations of the people,