The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1908-02-02
FORAKER PLACES
BLAME FOR PANIC
Roosevelt Is Scored for Bring
ing on the Panic
JUDGE HARMON SPEAKS
Banquet of Ohio Society Is Marked BY
Fiery Address of Ohio Senator and
MIder Ones BY Other
Prominent Men.
JUDGE HARMON SPEAKS

New York. February 1.--Nearly COO sons
Of the Buckeye state, residents of New
York city, attended the twenty second an
nual banquet of the Ohio society of New
York tonight in the grand ballroom of the
Waldorf-Astoria and listened to addresses
by several of Ohio's most distinguished
sons. The speakers were United States
Senator Joseph B. Foraker. Leroy d.
Thomas, president of the Ohio society of
Chicago; Hon. Judson Harmon of Gin
einnati, John D. Archbold, vice president
of the Standard Oil company, and Judge
Ebert Fl. Gary, chairman of the United
States Steel corporation.
Governor Charles E. Hughes of New
York sent a letter of regret.
Judge Harmon was the first speaker. He
spoke on Ohio in commerce and industry.
He said in part
Our people have been taught not to look
to the government but to depend upon
themselves. All those have asked is that
the public burdens be kept as light, and
private enterprises be left as free as the
due maintenance oe the public peace and
morals permit.
But as business has become more COM
pick the range of laws has to be ex-
tended, especially with respect to corpor-
ations, which are creatures of the STATE,
public franchises which are granted pri-
marily for the good of the community at
large, and combinations contrived to gain
improper ends by means and methods
which are beyond private reach or resis-
lance.
Remedy Offered.
CAS- to the last l cannot discuss any
sure and simple lenedy without violating
the proprieties of the occasion. l will say
word about the others. 1t is the very
nature of human authority that once it
takes hold it keeps increasing its grasp
unless restrained, and here lies the dam
ger to private enterprises. the only pro-
ductive force there is or can be-
Enlarged regulation is a new condition
which everyone must recognize as neces-
sary, but public interference cannot safe
ly be pushed beyond the bounds of whole
some regulation.
Take the railroads. They have played
the chief part in the development of the
country. They have reached out in every
direction.
Abuses have grown up which have
called for corrective laws, such as re-
bates, Determinations in service. insult
! ficient protection of employees and passen-
gers and improper ownerships and COM
! binations. Others will require attention
from time to time. ] have always be-
lieved that with such things forbidden
and officially kept out of the temptations
! OF stock dealing and interest In products
! for carriage the operation of natural laws
/ may safely be trusted for good service
/ and fair rates, certainly with the extent
! of corrective tribunals"
Foraker's Speech.
Senator Foraker said In part:
The sentiment of the evening, Ohio
| industry and commerce, is the equiva-
lent of the United States in industry
and commerce.
Therefore, I regard myself as
! licensed to speak of the industrial con
ditions of the who country. Just
now it is not satisfactory. Until three
months ago, there had not been day
for 10 years when any man seeking
work did not find it. Most of this
/ time there was more work than there
! was laborers for it. It is different now
i We have been reading in the news
I papers of the last week how in a num-
! Der of large cities of the country great
numbers of the unemployed have been
| calling in bo..es upon their respective
! mayors and other municipal officials to
make known their wants of employ
nent and solicit work and help. Inc
statement was made in the newspapers
! a few uays ago that there are toda ,
/ approximately 100000 freight cars
standing empty and idle on the 81 e