The Evening standard. [volume] (Ogden City, Utah) 1910-1913, 1910-10-06
YOAKUM is
PESSINIST TIC
Talk of Cessation in the
West OF Railroad
Construction

Oklahoma City. Oct 5.-"New In
dustrlaIIsm" is the term used by b.
| F. Yoakum, chairman of the ST. Louis
| & San Francisco. in describing the
| general movement fco-operatlon and
consolidation going ON In all classes
of business, including the farmers.
and which, he said, has been mis-
taken by some as predatory wealth.
| by others as revolutionary plutocracy.
and by still others as the cause of
new natlonalfsm.'
Mr.. Yoakum took for his subject
"Wagon Roads and Railroads" in de-
| liyering an address at the oklahoma
| state fair today II was Farmers
| day" and his audience was composed
mostly OF farmers.
The states and the people" said
Mr.. Yoakum under the Tesistless
force of this development, uniting the
states and the people of the states In
one bond of mutual interest. have
been welded into an Industrial whole,
and crusade against one class is a
crusade against all classes. This is
the new industTialiSm
THAT IL must be subject to law and
be obedient 10 government, no ra-
should be made the sport OF politics,
the theme of demagogues or the play
thing of socialists every good citizen
fervently hopes to prevent NThis new
industrialism must. and wiz conform
itself to the new laws of the country,
but it protests that these new laws
should not proceed from the hot zeal
of overwTought political economists
NJ L.
ence that more money he spent in the
building of god Wagon roads as a
matter of business and economy, and
more than that actual necessity, If
the value of farm lands. especially
those remote from railroads, is TO be
enhanced -
Mr. Yoakum called attention to the
fact that during the year 1911 the
prospects are not good for the build
ing of more than 1000 miles Of new
railroad. 1000 miles less than the nor
NAL for thirty years.
Tho present policy in many of the
western states. in stopping railroad
construction, is not inimical to exist
ing railway securities said Mr..
Yoakum "As a matter of fact if we
are to have no more new railroad con-
struction existing securities are made
better as the development along ex-
isting roads adds TO their value But
it Is against the interests OF the west
ern country, which needs the develop
menJ"
Mr. Yoakum said the effect Of the
1907 panic, as shown in railroad labor
alone. on account of the reduction of
forces. was $1S4 ,0G0 600 In one year.
Including the families of railroad en-
ployes. more than a million persons
were affected.
The cessation of railroad construc.
ton" Mr.. Yoakum said, should he
taken as n warning to the west
Manufacturing, commercial and
labor combinations are so ontYenchcd
in the business life of America that
we may accept them as permanent !
organizations with which we must !
deal in the future. In few years !
farmers Will be organizing. just as the |
men are who deal in other commodl- |
ties through their organizations. |
Farmers are beginning to see thar
what is good for the manufacturers is |
good for them. You are, therefore, |
vitality interested in the control which !
the national government proposes to |
exercise over your business agencies. |
Legislation proposed for the control !
and regulation, of the products of the
factory applies just as well to the
products Of the soil"
CHINESE STOWAWAY is
CAUGHT BY RAT TRAP
New York. Oct, 5.-Catching Chi