New-York tribune., 1909-05-08
INSURANCE AND TRACTION,

. Mr. Jerome then referred TO the election Of
1905. and said it demonstrated that man could
&c out ana appeal to the people and "smash all
despotic control" Continuing. he said:
That was the principle upon which u ran: IA and I'd
that principle rather than AWNING nae Toi's and
once again there seemed returning TO me that toe
of popular adulstion which am free TO CONFESS
had been grateful had been stimulating and had
been helpful, too, in the discharge OF my puDhc
But almost spontaneously with. this success came
the insurance matters and the lEacuGn i ma IS,
Abuses OF grave character were deYeopeae; I G ;i,
lie opinion aroused, intensely and profounqg
aroused sometimes justly and sometimes unJ
not unjust They intend never TO be cruel ana
wrong They may be misled by misintorrnauoh'
they may act under false impressions anu 5 .
lions. but give them time and fight Tor H. ana puL
hystera passes away and they come back sweet
and true 10 the Just thing .-,o ,te. ae
everywhere fundamentally honest and have AWAY
shown themselves to be such in every period of
crisis when the real question has been put before
them But the real questions were not put heIVle
them Moral evils ethical evils Of a serious extent
Lack Of honor, OF dignity. propriety and decency
in the conduct Of commercial affairs appeared IN
every direction People were lncenSed ana out
RACED by il and because some Of these transac
larceny has in Il. the conclusion was IeStcie4 | .
therefore they were larceny, many OF those trans
II was not realized that nothing was crime in
this state which is not found between the covers ot
slS 4 h @ Of 'I Io 5 q vas m a assumed therefore It
had within the criminal law the elements OF
larceny. I.awye.-z and lawyers knew that tins
Thinking knew IL was not so II
IS surprising that the public was misied Whell
those learned punditS. Mr. thoate would nave
described another person when those learned
pundits who write in our newspapers with equaI
facility and equal machination and equal ablIlIy,
were trying lead them into the belief, wnen the
public ClamorinE not so much under TINS mis-
guidance Of justice for victim. II was blurred
had become aroused as Il Ike a mob
The clanor had gone forth that they wanted a
victim. \ rich man must he put IN jail de must
be put in iail primarily apparently because he was
rich. There must be sacrifice made There must
he a victim. ANY who would think a minute
would abSoluTe.a abSu-Glty 10 dream Ihal Ie
evils body polite going TO be reTnedled-
if YOU are going put all the rich men there are
in the world Jail il would have little eIlect;
These political paDaCeas exist only IN me lnus OF
political quacks. But the people felt That way ana
they demanded it. -
I confess that myself felt bitterly in regard to
rna-7 Of those transactions that developed al tnat
tine. They sprang from people. they, were com
Yntted often times by people Of education 9I posi-
ton whose training and associations should have
fixed in their minds Z standard Of business and
professional honor worthy Of the great influences
that they welded and the great responslbliitIe
that rested on them. and Yet that time ana
sirH again their duties unperfoT1ned their re
sponsibities were neglected and serious wrongs
were done
But il did not follow. ! have said because ot
these wrongs, That crimes had been committed l
was confronted with great difficulties in trying 10
see il these tFines-huw many Of these things
which were clearly ethical wrongs, were wrongs
within the law