The Washington herald., 1908-02-09

Albany. n. y, Feb S.-ChanceIIor
James r. Day. of Syracuse University,
was the principal speaker tonight be-
fore Group Five" Of the New York
State Bankers Association. which held
its annual banquet at the Hotel Ten
Eyck.
His address was one of scorching de
nunciation OF those who would create
class hate and prejudice and cause dis
trust and suspicion of the men whose
genius and money turn the wheels which
give employment 10 millions of Iaboring
men and women"
The chancellor quoted from a speech
of Daniel Webster more than half cen
tury ago denouncing just such attacks
as those made in these days, and de-
clared the address sounded as if it were
delivered yesterday.
1t does not sound like tie one de-
lVered q week ago yesterday he added
Governors Absence Causes Comment
About 40 upstate bankers from Al
bany, Troy. aad smaller cities of north
ern New York were in attendance Rep
resentative Charles n, Fowler, of New
Jersey, chairman Of the banking and cur
rency committee Of congress. was also a
speaker.
Gov. Hughes had been expected to be
present as one of the distinguished guests.
His absence caused some comment
1t was suggested in somt quarters that
recent criticisms of President Roosevelt
by Chancellor Day and the natrue of the
Chanceilor's speech tonight may have
had considerable to do with causing the
governor to send his regets 90 the com
mittee at the last moment
Chancellor Day protested against the in
ference being east forth that the greater
proportion Of the business of the country
done through corporation is criminal. and
ANNOUNCED that in the interest OF
square deal We shS$d cali for a biu
Of particulars.
''In the Terms oi a Slanderer."
Il charge this whole business. ne said.
with bearing the earmarks of disloyal
slander and defamation of the commerce
of the country. The attacks upon men and
corporations are in terms in which d Sian
derer talks. They are not judicial, spe-
ciiic, and particular, They are sweeping.
reckless. indiscriminate and ON the face
0f them for the most part false.
Talk Of the suicides Of Wall street?
What OF the suicides Of panic brought
down upon a country by the Goddess as
saults upon the business institutions of
the land?
The whole thing is "a gigantic political
game, in which the people are deceived
for while There is just truth enough i'm
some of the assertions: there is just pref
udice enough in a great class Of the
people there is just moral pretense
enough in all of the ranting TO make it a
winning game for the time
But as sure as God is true and right
is right day of judgment is coming.
Yo1 need not envy the seaudalmongers
who in that day will take their places on
the indelible pages of history.
"Discredited in Worlds Market"
''The trouble has not been that our
great geniuses of commerce and manu-
facture have been malefactors. The world
has no nobler men, The trouble has been
that the muck and slime of the yiIifiers
have been flung over them until we are
discredited in the markets OF the world.
and the great dailies OF London. Berlin.
and Paris are moralizing over our cor
ruption and refusing the bonds of our
railroads and returning millions of dollars
Of our stocks.
AT last the consequences have reached
the laboring man and his wife and chill
dren, and in due time in spite Of the
barking of yellow newspapers, and the
dust hurled by political heelers. the crime
OF il an VIII be seen. and the lesson VIII
be deeply printed on the public mind
NO wonder the wild frenzied, desper-
ate effort is made TO throw off the re-
sponsibility and place it upon the men
wbo have been the bulwark in the storm
But it is a ghost that will not down. and
history will write each man into his own
place.
What of our future? If YOU will. stop
The rawlings of the demagOgue. If YOU
viii, serve vigorous notices ON the men
who are defaming our business men. and
discrediting our trade by representing our
products as the sum of all villainy in
fraud and adulteration. If YOU will, call
20 account the men who are depreciating
our bonds and stocks i'm foreign markets
by comparing our great center of broker
age and exchange with a den Of thieves
..Incitement TO Assassin"
II nave no desire To act the part of
the alarmist but convictions Of duty
impel me to warn you there is perilous
encouragement and incictement TO the
assassin in these mOnstr0us appeals that
are bcing made to the excitable and to
the misguided elements in our country
by this debauch of defamation.
Il charge these ts-indiscriminate,
eXtravagant and wild--against the pros
porous and against our great corporate
utilities as approaching the border Of
crime against the State and the people,
warn the revelers in this universal SLAM
der for purposes of politics that the re-
spOnsibility for these defamations will be
measured by the fires they kindie and by
the ruin they excite
state Comptroller Martin IT. Glynn fol-
lowed Chancellor Day, and afterward
there was u discussion of the currency
situation by Representative Charles ~
Fowler. Other speakers included Clark
Williams superintendent of the State
banking department
Proper entinrs-Heart-shape Bas-
kets filed with flowers make the sweet
- ltH fafN