The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1909-06-07
FROM OTHER PENS
A PRACTICAL PRESIDENT.

A PRACTICAL PRESIDENT.
The American people are exception
ally fortunate in having for president
at this time man whose experience
in the departments enables him to
deal practically and inte1ligently with
departmental estimates, without hurt
to the public service in any depart
ment, and who at the same time is
broad and keen enough mentally not
to fail to discern forces which seem
to be making for disturbance of the
balance in the domain of internation-
al affairs.
More now than at any time in the
recent history of this country, expert
enced, practical craftsmanship is
needed, and William Howard Taft,
schooled by service for his high mis-
sion, cool of head, and morally cour-
ageous seems to be ripe and ready
| for such hard tests as the presidency
may impose upon him. By pruning
| the army estimates he will lessen the
strain of the treasury, and possibly
open the way for more reasonable
and progressive naval expansion; and,
| finally, naval expansion is the first
need, for there are shadows now
which seem to foreten the coming of
events of colossal concern to this
country,-Seattle Post-Intelligencer.
%
| LAWYERS AND. RECEIvERSHIP
| The time was. a few years ago,
/ when the surest way to acquire a big
| fortune in this or other states was
! to secure appointm as receiver for
some large concern financially en-
| barrassed. Men whose services are
| never rated above $4,000 a year,
and some not half that. would send
| in bills for hundreds of thousands of
| dollars for a comparatively short
| term of service and would be al
| lowed it. Less than a year ago a
! New York supreme court justice al
| lowed three receivers and their coun-
| sci $4,000 each in the case of the
| Knickerbocker Trust company, and
| this was for only five months work.
The appellate court cut the allow
| ance down to $4,000 each.
Receivers do not, as rule, devote
all their time to these duties. They
usually carry on their own private
business in addition; they are guided
and protected by the courts in what
| they do, and there is nothing in their
services generally speaking. of such
extraordinary merit as to call Tor the
payment of 10 or 20 times as much
as they can earn at their own bust
ness or profession in the period OF
time they are acting as receivers
Newark News.
COLLEGES AND INDUSTRY.
The self-made man, is prone to wor-
ship his maker. Ordinarily he is path
etically ignorant of the construction
which gives him so much pride. An
example of this truth is furnished by
the Chicago millionaire who believes
| that all the colleges and universities
in America should be put to the loren
because they are "demoralizing the
youth of the country and teaching
them to despise labor. This is an an
tiauated echo of a sentiment which
many "self-made men" expressed han
century ago.
| College men have long since proved
their power in commercial and indus
trial pursuits in the United States
Enlightened foreign visitors, including
a special commissioner of the London
Times, have remarked with wonder
on the influence of the college man
in business life in America College
men are building and managing the
railroads of the country. carrying or
the executive work of the big corpor-
atoms, taking the responsible posi-
tons in banks and Sinking no kind
OF work-PhiIadelphi Press.