Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1908-02-12
Leslie NJ. Shaw Wants Business
Resumed and Hints at Less
Aggressiveness
ROOSEVELT GONE FAR ENOUGH
Ex-Secretary ExtoIs the President But
lntimates 1t Would 30 Well to
Cease Attack on Wealth = Ad-
dresses Republican Club at Mar
shall, Mich.

Marshall, Mich. Feb. 12.-Formel
Secretary of the Treasury Leslie NJ
| Shaw in his address before the Repub-
| lican club last night put a sort OF
dom Of further Roosevelt aggressive
ness.
While on the one hand approving In
| express terms the presidents policies
Of strict law enforcement and the en-
actment Of constraining and preventive
legislation, Mr.. Shaw on the other
hand declared:
II can but believe the time has come
to give primary consideration to the
restoration Of industrial and business
activity" He old his audience hat
there was in the country one class with
a ~proneneSs to too indiScriminate
praise and another with a proneness
to indiscriminate condemnation OF the
presidents policies, and he suggest
ed tina a middle or conservative cour>S
might better be adopted. Secretary
Shaw declared it his belief that the at
tention Of the country should be now
which he made rather a gloomy sort OF
picture.
Mr.. Shaw's chief discussion had to
do with this problem of the future,
rather than those of the past. He tool
up, Of course, the past in a preltmin-
airy way. He pointed out how problem
after problem had been solved salts
factorily by the American people, and
drew from it hope for the future. When
the question of the preservation OF the
Union was uppermost, the times gave
to the nation Abraham Lincoln, who.
Mr.. Shaw said, 'of all men hen living,
and Of all men who had ever lived, was
the best equipped as well as the most
faithful leader of his people" Later
continued Mr.. Shaw, 1.-The ~greenback
issue arose, and again there were lead
ers fit to meet the problem"
subsequently the question Of free
and unlimited coinage of silver became
dominant, and again the people
We're most fortunate, said Mr..
Shaw, in having as their
chief executive a man who ever
listened to popular clamor. who seldom
seemed to care for popular sentiment,
n who rarely sought popular ap-
plause, and who at the cost Of being
forsaken by his own party, and quite
generally condemned by the OPPOSE
ton, stood like a rock, and prevented
the ruin which the people would have
unconsciously wrought upon them
selves. He concluded his ribute to
Grover Cleveland by saying, Il have
aver considered Grover Cleveland a
great statesman, but he was and is
convictions, and fearless in his adj
herence thereto"
Likewise. pointed out Mr.. Shaw, the
crisis of 1896 met with its successful
solution thru the election I'M the in
fluence of William Mckinley.
Then Mr.. Shaw took up Theodore
ROOSEVELT praising him fully, but at
the same time holding up the question
mark as to the advisability of contin-
uing along the lines the president has
recently mapped out. Mr.. Shaw on this
point said:
when Theodore Roosevelt took the
oath of office, he announced that he
would adhere to and follow out the
policies of his predecessor. Fortunately.
these policies We're in full force and
did not need to be strengthened. There
fore, within forty-eight hours, to his
lasting credit be it said, the new pres
ident was inaugurating policies Of his
own.
Universal prosperity and the sud-
den acquisition of wealth had wrought
sad havoc with business morals. Love
o. power, whetted by Indulgence, had
led irresistibly to financial methods in
instances most r~eprehensible. The
present administration has been most
admirably fitted to the times. Notice
has been served, and service has been
accepted, that in this country the peo-
pie are supreme, that the revised stat
utes Of the United States constitute a
most wholesome volume which can
wisely be kept on the table around
which directors regularly assemble and
that in the employment of counsel cor
porations do we'll to select men who
will see to it that the operations Of
their clients arc kept well within the
limitations of the law, lest in their
efforts to evade dts spirit, they incur
the penalties mentioned in the letter.
"In our evolution. this has been one
of the questions that had to be determ-
and in my judgment 10 president
has met the task that has come nat
urally to his hands with greater II
age or more signal success han has
Roosevelt. Fortunate will WE
if we drift not away from the high