The Waxahachie daily light. [volume] (Waxahachie, Tex.) 1894-current, 1909-05-13
iNIt igi,it = tUs~iY, iNst~ 90
ustitt AIN

NAfff ssfN
Commetilnr rhHotisllt ON ihe
tbr several Hddfeeaes dsiitrted at
the meulua uf tantefa h houston
be fnsi sats
1 Tho bankers ~ Tstas appear iu
be- almost unanimously ~ ihe epin
iou thai the seifa~ Of itr state end
us faiufe pfoetess deprud very much
upon termination ~ thc era ~ red.
ieai legislation " ~" addresses y"
ltafefuilt read they Ell disclose On
ladmirahie temper in dealing vith
4 Legislative conditions bot ihet de-
nal conceal she deru conviction that
too many statutes are enacted WITH
out ans exialiuf necessity therefor
Ithni the Spirit IT reform Zee many
| instance txcreda the romntendahle
abierii,, ~ visc regulation and goes
io che extreme of shaking things mp
and placing The iron hand pi author
rs upon ali actual or imaoeinory
Offenders
we da not douht thet many ~
Ithe uuetauees of the Speakers Who
have alluded 10 the radical politics
of ibe day viii be- miaconstrued and
anrrly criticised by the politicians
who are never able TO rocoRniz" q
sane community Of interest between
capitni and labor or comprehend the
loeIcal consequences of rash ioeisla-
ton upon Development and Indus
TRY.
but. nevertheless. the people
should read these carefully formed
and expressed opinions Of the bank
ers on matters pertaining to bust
ness We must admit that the bank
ers are among the ablest business
men We have They are constantly
brought into contact with the results
OF hasty and ill-advised legislation.
and their point of view is far more
reliable than that of most people
who consider merely the theoretical
aspects of business questions.
Several OF the speakers were
very earnest in the expression OF a
belief that the attitude of the state
toward corporations no longer re-
veals that discriminating sense of
| justice which should always obtain
among a people whose interests are
largely dependent upon the progress
of the state. It has become the GUS
tom to assail corporate business In
discriminatory whenever Offices are
to be parceled, and while at times
corporations are quite offensive in
their methods and require restraint
this custom is anything but wise or
beneficial
There are vast areas of the state
out railrads, and in the face of this
condition we find many investors
wary 1t will not do to flippantly
dismiss them with the frivolous re-
mark that if they do not like Tex
as they can remain out Had the ia
theirs of Texas pursued that sort Of
policy the Texas of today would
have been impossible. Men with
money must not be blamed for eX-
ercising the strictest caution when
there seems TO be militant senti-
ment of hostility to investments.
The bankers understand these
things perfectly and it is their
right and duty 10 speak of them -
and to speak without inviting a flood /.
Of hypocritical denunciation from
men who are brainless enough to /
think they can make political capital /
for themselves by abusing those who .
only consider political questions !
from the standpoint of the public /
welfare as they understand II.
There is no telling what Texas I
has suffered and lost merely to give !
somebody an office, and it is time !
for all the people to consider the .
views of practical men on practical .
questions, Mr., Hilards advice that 4
the bankers discuss questions with (
the legislators at home, rather than /
in political meetings, is sound He |
might have added that IT would be /
advisable to discuss business ques-
lions with their patrons and neigh
bors who elect Legislators In this .
way, stronger influences may be set
to work to counteract the baleful at
tempts of demagogues to cajole and .
deceive the people.
A woman has just obtained a di-