The Chanute times. [volume] (Chanute, Kan.) 1897-1913, 1910-01-14
THE NATION NEEDS PEACE.

experience tempered with the eau
ton derived from through legal
trainlpg, should be willing to risk
the prestige of his administration by
reopenlng questions which well-ia
formed business men declare were
among the main causes OF the
financial stringency two years ago
and the consequent industrial
depression which lasted fo- eighteen
months, and from the effects of
which tho country is just recovering.
Even though pledged to a contin-
uanGe OF the Roosevelt policies and
tempted by the knowledge that these
policies, in Eame at least, would
prove popular with the masses.
Mr.. Taft is certainly too patriotic
90 be willing to involve the nation
in a renewal of the administrative
plans which destroyed the confidence
of investors in American securities,
abroad and at home, in the winter
of 1866 aud during the followlngyear,
resulting in a shrinkage in values of
over s., 900, 900, 900; beggared
thousands of well-to DO men and
caused the withdrawal of hundreds
of mllliens of foreign capital by
investors who deplored and con-
demned what they called the
prevalence of unsound socialstc
ideas in the relations of the federal
and state governments towards the
industrial concerns of the American
people. NJ. Taft is also too shrewd
a politician not to understand thai
his administration was elScted by
the great mass of conservative voters,
sober business men on the strength
of the idea that it would insure a
period of rest and peace, cessation
Of the strenuous conditions which
resulted from wellmeant but false
founded ideas of political economy
that comprehended a paternalistic
csRtrol and surveillance of the
business affairs of the people by
bureaus, commissions and other
mediums of political administration
at Washington. a
To put matters bluntly, the nation
needs rest and peace, politically and
iHdustrially, above all things else.
There are national evils arising from
various causes too remote and deep
to be lightly discussed or rashly
attacked. For example, the cost of
living is rapidly advancing and
many superficial thinkers believe
that this evil is due to the monopol.
istie oppression of the trusts, and
that, therefore, 1t is the duty Of the
federal administration to institute
legislation which will clip the wings
of The trusts. But these persons
overlook the fact that the cost of
living-lt least according to
American standards-;s higher in
other, countries than it is here at
home. Beefsteak costs from so to
80 cents a pound in Germany, while
in spite of the beef tr8tit is only
IS to 80 cents here. White bread
is almost unknown among the masses
of Europe and yet it is within the
reach of the humble werkingman
So we might proceed down the
entire list of the necessaries of life.
The rise in prices of food products
in this country is largely due to the
lack of sufficient production. waste
and other evils which cannot be
remedied by political legislation.
In fact it may be accepted as axio
matte that economic ills of this
character are beyond the reach of
political nostrums. Dsmagogues
may fool the people for awhile, by
advocating this or that remedy, but
the sum total of their achievement
in the long run is their own political
aggrandizement at the expense of
the people they fool.-Kansas City
Journal.
w. r. Butler of Erie has established
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