The sun., 1908-04-18
THE BUSINESS MANS CHOICE BE-
TWEEN TWO OLD UMBRELLAS.

hucal parueS az now orBamDeu bhah i
should on a wet dsy'in two old umbrellas
neither Of which can keep out the rain
II Roosevelt and Bryan shall be the only
candidates put in nomination for President
think there cannot be a reasonable hope
during a long time TO come Of revived in
dustries and rehlled dinner pals for labor.
But II the Republicans shall nominate on
their platform Of 1904 any Of the prominent
Republican andidates-exoephng Roose-
velt-aud the Democrats shall put up
Bryan, then revived prosperity for capital
and labor must await the November result.
II the Democrats shall nominate Gray, or
johnson, or Harmon on a platform salts
factory to either, and both Roosevelt and
Bryan shall be eliminated, then l think
business will take new start.
II Taft will free himself from the Roose-
welt virus and be tho man he was three
years ago and before he made the speech
he did In Washington in 1906 at the in
ternahonal railway dinner our industries
Should confde In him.
The critical point in the business stua-
don to be safeguarded is a continuance OF
a Supreme Court that will perpetuate the
doctrines expressed by Justice Harlan at
the Kentucky dinner in New York last
December
am not certain that know what the
politicians mean by the word policies
they use 80 often, The recent New York
Republican State convention said In Its
platform that 1t indorsed the admiRistra-
ton Of Governor Hughes, by which sup
pose II meant the principles Of his conduct
and the line Of conduct he has pursued
while Governor in regard to legislation,
including the raoetracS measures, In
like manner the platform indorsed the ad-
mnistration Of Roosevelt, which must In
like manner cover his object and course Of
conduct, the policies executed by his con-
duct and his system Of measures, including
spelling, his recently proposed amendments
of the Sherman law Of 1890 and all else good
or bad
Hughes was nominated TO be the neIt
President. by which was it intended by the
convention "a commend him as a suitable
man to execute in the White House the
policies Of Roosevelt?
If Hughes upholds all those Roosevelt
policies (the convention did not discrm-
nate in it's indorsement), then a great num-
Der Of New York business men have been
misled, and they should now object as much
to Hughes as to Roosevelt.
l cannot think the State Republican plat
form committee intellgently and sincerely
in favor Of business revival A reported
resolution declared
At this time. when the welfare OF the people so
greatly depends on the conduct Of our Government,
clear assurance OF Republican victory In the ma
uon and In the State this autumn would exert
powerful influence In restoring public confidence
and In strengthening the widespread expectation
Of speedy return OF national prosperity
Certainly victory with Roosevelt can
ddate and platform would not exert
beneficial influence! To prevent such an
inference an amendment was offered setting
forth
That In this untlmely and unexpected period OF
widespread business depression the great Stoe
OF New York has right to demand OF the ap.
proachlng Republican convention candidate
and a platform that will In themselves give the
soundest assurance OF renewed stability and pros.
p.hty for It's factories. It's railroads and Rll Of It's
great Industrial enterprises, and that will tend TO
prevent further reduction In the income Of both
the wage earners and the Investors.
It was voted down peremptorilyl The
difference between the two is apparent.
The committee on resolutions either did
not recognize dissimilarity between the
policies Of Roosevelt and those OF Hughes.
or else endeavored TO convince business
men that none exists.
We business men have all along assumed
that the dissimlarity between Roosevelt
and Hughes is as great as between Bryan
and George Gray Of Delaware. who has for
reasons which good men will approve asked
the Democrats Of his State not to instruct
for him at Denver.
Investors In the shares and bonds Of New
York public utility corporations have not
all Of them heretofore thought that the
present Governor Of the State stood for
the recently announced policy Of the Presi-
dent to compel such corporations to register
in Washington under his permission. TO
exclude them from registration in his dis
cretion. and 10 decree a standard Of re-
straint Of competition in trade and COM
merce. II may come 10 pass before long
that street railways in Manhattan may
ave b!lls Of ladlng for parcels to be carried
under the Hudson into New Jersey, and 80
be swept under the Roosevelt policy which
would regulate not merely proper trans
portation Of the parcel but Of all the affairs
OF the street railway undertaking TO for
ward the parcel, and Of the individuals en-
gagged therein. and exclusion Of the con-
troll OF New York over affairs not directly
concerned in the transportation, Does
Governor Hughes stand for such an amend
ment OF the Sherman law Of 1890 as will
uiva that noMer 70 any President. even Il