Audubon Republican. [volume] (Audubon, Iowa) 1894-1925, 1911-01-05
you READING FIGHT" NOT START 1T TO-DAY

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ceived and acclaimed by the people.
grow out Of it. The popularity of a
campaign of this kind opened the
door for the INSCRIPTIONS agitator
with the result that the honest re-
former bent only upon achieving hon
est reforms for the public good min
gled with the INSCRIPTIONS agitator
and demagogue bent only upon ach-
ieving personal gain, which has re-
suited in an indesoriminate attack up
on capital, regardless of how achiev-
ed or how occupied The virus Of
discomfort has so entered the system
that there must be a thorough cleans
ing before convalescence.
The Assault Made.
Primarily, the assault was directed
at some Of the great Life Insurance
Companies, and all applauded, not con-
tent with reforming known abuses,
the virus by this time having quick
snsd the blood. The attacks became
indiscriminate and capital in what
ever avenues, has felt the shock. The
larger corporations have Of course,
borne the brunt OF the heavier attack
by reason of the concentration either
BY Indifference or direct connection
of all others and to such an extent
has the public mind been poisoned
that the small or local corporation
have begun to feel the weight Of this
movement, which is just = violent
against them as the larger ~Aes. This
feeling, therefore Is only relative o.
one Of degree and no class is immune.
Il now permeates all conditions of go.
ciety, and ths small capitalist in the
smaller community is regarded with
a. much suspicion as the larger CAPT.
talist in the larger community. The
man in a small community, who by
industry and economy has accumu-
lated a fair competency, adequate only,
for a small community and simple
life, and who has always enjoyed the
confidence and esteem Of his fellow
citizens and with public spirit had In
vested part of his savings in some
public utility in his home town, II
now looked upon as the common en-
envy In the community by every man
not r. fortunate and who has bsen
persuaded by the nreachments Of
dsmagogues that HIS neighbor's pros
perity or wealth was accumulated By
some improper method and that his
duty should be to destroy 1t or pull
him down. In a measure. this man
10 reaping what he has sown. mas
much as he applauded with great
glee the attack on greater corporar
lions than his, without investigating
as to the merits OF the attack. This
can well be likened to the waves Of
an ocean that commence with rip
pie and break on the shore after hav.
ing engulfed everything in their path.
Every man attempts to square him
self on the theory that the man whose
apparent condition is little better
than his own, needs or requires some
regulating, and while the attack Yves
directed wholly at the others, 1t was
cheerful. but he stands aghast that
slaught. T.
A Logical Sequence. T.
As logical sequence has come pol
itical unrest and with It an epidehis
Of appeals to the preiudices by men
who want to serve the public Aad
take this method as being the one Of
least resistance and most likely to
satisfy Meir ambitions.
1t is stated that in the state Of
Iowa, one of the richest and best az
ricultural states in the Union, there
Is not today in contemplation, the ex-
penditure of dollar by public cor
poration for improvements or better
ments and that expenditure for main
tenancs will be reduced to the mint
mum. This includes not only the
large but the small local corporation
as wen. This is not normal condk
ton, and is one with which the tar,
II has no connection at all. The
State OF Iowa produced this year, one
Of the greatest crops in its history,
and with every resource necessary
to induce expansion and upbuilding
Industries of all kinds, Is confronted
with condition, which If maintain
ed. means staguation Of business.
Find the cause for this condition, and
you have discovered the microbe that
will cause the business recession Y
1t comes about. The ease with which
laws have been enacted in various
states regulating corporations, has re-
suited in such a multiplicity of laws
regulating every phase Of the opera
ton Of corporation, that investors
hold aloof when further credit Is re-.
CURED or necessary.
This situation describes conditions
prevailing generally in most of the
states and can only result in rec~7-
sion or stagnation unless the public
mind gets into a more healthy state.
The resources OF the United States
have thus far been only specifically
developed and under normal condi.
tons there ought to be years Of
splendid prosperity. We can have
this condition of affairs when the pub
lie mind has reached the place where
1t can discriminate against lawful and
unlawful corporations and when the
leaders Of this movement realize that
there must be change that will
eliminate from the minds of the peo-
pie. the doctrine OF hate and discon-,
tsat. and this without lessening in
any measure the necessity of correct