Semi-weekly herald., 1910-09-29

comparatively complete. The masses
are practicalls free from debt. Money
Is held by the banks In abundance and
rates are low
"'Why then does capital pause up.
on the threshold of Investment The
answer we believe to be plain. 1t
awaits adjustment OF the relations of
government TO business. Such. at any
rate, is the plea. and pressure is con
stantly brought TO bear upon execu.
tiyes and courts to make hasto-haste
which. in our Judgment. would result
in less speed. Great complications
growing out Of nightly changed con.
ditions cali for the most serious con
lsldeFation To settle a grave question
off hand is only to invite disaster.
Better not settle Il at all until a YEA.
sonable certainty can be felt thot it
can be settled right Stability Is ever
capitals primary requirement But
the adjustment which il now demands
cannot be effected in month or a
year and never can or should be com.
plete. Elasticity is the prime requisite
of changes essential to development
"But capital is notoriously umId.
II the present instance. too. II is alb.
solutely foolish No decision OF any
court can permanently impair any so
called vested interest Conflscatiou
i- ,,rd,..,p,,f 0f "a, ,..,,,,,r,,1 ....tt.
only a few years ago. The disintegra
tlon OF properties docs not involve
their destruction Moreover the sharp
revolt against all combinations
those that achieve great good no less
than those that work injury is clearly
yielding to study and reason No sane
person now maintains that business
especially manufacturing can or
should be done as it was done half "a
century ago In a broad sense. the
day Of the individual competitor Is
past but the opportunity Of the indi.
vidual remains even wider within the
corporation The sole problem con
sists OF determining how government
can maintain an even balance between
aggregations of interest. on the one
hand, and the whole people, on the
other protecting the latter against
extortion aud saving the former from
assaults.
"'The solution is not easy to find
for the simple reason that the sltua.
tion IS without precedent. Bui is not
progress being made along sane and
cautious lines Surely no menace to
property or TO human rights lies in the
striving for such solution Both
VIII be safe guarded by It's certain
nndng'"
MILAN, Italy. Sept. 2s George cha
yez, the alrman who was injured after
completing 4 flight over the Alps last
Friday. died at hospital at Domo
He sank into inconsistencies several
hours before his death The news
caused general sorrow here and as a
mark of respect to the FIRST man who
conquered the Alps by The air route
the aviation rleet scheduled for Milan
has been abandoned for n time
MADRID, Sept. 2S.-A Catholic
newspaper here is flled with stories ol
cabinet dlssension and it is freely pre-
dicted the manifestations to be held
next Sunday will force Premier Ca
nalejos to retire on the eve of the
assembling OF the Cortez on Oct 8
The paper says further that Count ri
imanones, president of the chamber OF
deputies, will succeed Premier Canale'
ies.
The president of the Catholic com
mittee Of Bilboa has been prosecuted
for violent manifesto in connection
with the proposed demonstration next
Sunday.
CHICAGO. Sept. chlcago's sup
ply of bitumiuous coal was never at
such low point as today sudden
falling in temperature would bring on
an actual shortage.
ST. LOUIS. Sept 2s.- Rabbi Leon
Harrison of Temple Israel returned
from a trip through Europe las week.
and yesterday delivered to Archbishop
John j. Gleunon the message sent TO
the latter by Pope Piux X through the
Jewish clergyman. While in Rome Dr.
Harrison was granted an audience b.
the pontiff.