The Manning times. [volume] (Manning, Clarendon County, S.C.) 1884-current, 1911-11-29
keep IT SANE
DR.. scburnaD, d Ca,nell, Says lie
Ssuh is Hope Of the Naliea
in A NOTABLE SPEECH
The President Of CorneW University
Makes an Address in Atlanta, "A
Which he Touched on Politics, the
Currency, Socialism and Other Mat
ters Of Interest.

terS Of Interest.
DR.. Jacob G. Schurman, president
of Cornell University, and one OF tho
most notable figures in the education
al world, was in Atlanta for short
time. Thursday, being rendered a
luncheon at the University Club By
the local alumni Of Cornell. In q
speech following the luncheon Dr..
schurman uttered significant warn
ing in regard to the spread of social
ism in America and predicted that
the conservatism Of the South woulA
work the country's salvation.
Governor John NJ. Slaton intro
duced the guest of honor as one who
had demonstrated his ability to fl.
the role of the modern college presi-
dent, politician, fnancier, literatist
and gentleman" DR.. Schurman be-
gan by telling Of his attendance at the
Bankers Convention in New Orleans,
where he delivered a speech, but
shortly afterward delVed into politics,
speaking warmly Of his felloW-eoL,
|lege president, Woodrow Wilson, OF
Princeton University.
'I have been in every section OF
the United States during the rast few
months and have had opportunity to
study the political situation thor
oughly," said he. IT seems to Eae
hat political conditions are undergo
ing a radical change-that we are
returning to the discarded theories
and ideas Of 2,900 years ago. So.
cialsm is gaining in every section OF
the union, save in the south. In the
east several socialists are In legisla.
tive halls. In the west socialist may
ors are at the head Of many muniet-
palities.l The north IS undergoing
the same fever, Of unrest.
sIn the South alone have I found
that same spirit of conservative pro-
gressiveness which marked the spirit
snimating the founders Of oar coun-
try. The South will be the salvation
of our country, FOR from it will spread
the right kind of conservatism, bring
ing back the erring sections to a
realization of their mistake. The
South is the. home Of conservatism.
and sticks close to the old landmarks
as hewed out by the fathers in the
early days of the Republic.
stWhile in New Orleans I had oc-
casion to speak on currency problems
in the United States, and this, it
seems to me, is. a, question as impor-
tant as the spread Of any particular
party or belief. The currency Of the
United States is relic Of barbarisG.
It is founded on bonds instead Of on
assets, which can be quickly realized
upon. During times Of financial
stress each. bank boards every penny
possible, letting every other 1nstltu-
ton go to smash rather than itse:f
risk financial disaster.
''I strongly advocate an elastic cur
rencv, such as that possessed by
France, England and Germany. for IN
those countries when money is needed
itis sent to the places where the con-
gestion occurs. When things gro"
dull. it is withdrawn and sent TO 9th
er places where it IS needed. Here
the banks holding the money, con-
tinue to hold it, regardless OF circum'
stances. A country cannot attain
proper development under such con
ditions."
DR.. Schurman. has been connected
with Cornell University for twenty
FIVE years, and during that time ha.
been signally honored several times
by presidents of the United States, be
, ing head of the first Philippine com
mission, as we'll as holding places Il
number of other influential bodies
As an author he is well-known in tn
: Misunderstanding countries, while q!
! professor of mental and moral pm4
osophy at Cornell he has gained I
wonderful reputation.
$ A member of the Phi Beta kapp
E fraternity he was educated IN Londo'
and Edinburgh, receiving his degre
V as master of arts and doctor Of sci
ence from the University Of Edlo
burgh in 1878. In addition to tal:
he studied in Heidelburg, Berlin an
Gottengen, Germany, and in 1tal!
i Columbia University conferred ta
S degree of doctor of laws upon hi
e q.I1,r,