The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1912-05-15
STALK in WHERE
NO ANGELS TREAD
lSontihued from First Page

NNH'iHueu from flfSt PISc)
Without paying his initiation fee in the
snaps OF poll tax"
Among others. Mr.. Starkc paid his
eep'.'s 10 ihcoinpetents who are seek
ins election to Administrative Bour,,
positions.
"e are not surprised" he said. TO
See men offer for places on this board
"Ho arc as unnt for the position ns
.niahts 10 move mountains. There are
nose VINO stalk in where angels fear
20 tread, and the pcnsioner we have
A"ays with us. The man who would
vote Tor or against a man in a crisis
like this one on purely nersnnni
grounds Is the only one who ought
10 be excused because he has moi
htrfhSth :f character ~ cntitlc him
10 vote. W:ler. does su.A :, one get
ms rlSht to trade the city's interest
N paving his personal obligations?
rms 10 not matter nor the time
LOT political epilepsy. fractional fer
mcntaton. personal spleen or indi
Nln"al iAvortism. Richmond knocks
at your door and nine and pleads with
US to come out as ono man and strike
!or her protection, her progress and
her future
1T is a time for the people TO s,eadv
themselves and together as we would
choose men to handle Il personal bust
ness select for this trust men OF hiRh
enough. broad enough. independent
enough with experience enough. fear
Tess enough To look beyond pandcring
10 individual whimp and what is called
influence TO that grand old Demo
cratic doctr'nc-thc greatest good for
the greatest number
rms Is no kindergarten, no ASYLUM
Tor the unfortunate. no elcemonsynarv
institution said Mr.. Starke OF the
administrative Board. but u bus ness
oe. OF which we hope to be able To
provide some such things for III. re
not able to care for themselves"
ADDRESSING himself more literally
70 Ais subject "RIchmonds Work +"
ait. Starke undertook to point out :,
Few Of the uns!ghtly conditions that
the city might well remedy.
Grohs Evils OF Capitalization.
All bankers who are honestly I'm
favor o: sound American banking
system. said Professor Iaughlin. oucht
10 welcome the CONVERSATIONAL invcs-
tiSation of the money trust" II the
investigation resulted in showing that
gross evils inhcre in the present con-
tra!ization OF credit. then Congress
would have to reform the banking
avs so that this dangerous central!za-
ton would be abolished. lie said:
There Is now tendency TO cen
trallzhtion of credit: therefore abolish
IL py decentralizing credit. There is a
t'''''HNS VI 'uIc lIUCS TO now 10 wall
street: therefore abolish {, by "A ma
t'onal reserve association and tho
creation OF Il discount market There
liz a tendency OF commercial capltnl
To move Into the hands OF promoters
therefore, abolish II by discriminating
against Investment securities for loans
by commercial banks. There Ia II
tendency for reserves thus wrongly
floating to central reserve cities u be-
suddenly called for on the slightest
alarm and causing panics therefore.
abolish IL by a cooperative organIza-
ton Ike National Reserve As3ocia-
ton which would mobilize reserves
in the interest of all. big and little
1T the conclusion OF Professor
1.aughl!n's address the Chamber o.
Commerce adopted unanimously reso-
lntlons approving the object OF the
National Citizens League OF Virginia,
organized 10 aid in the national move
mont In the direction Of monetary
reform which viii be American IN
spirlt AS we'll as application, free from
dominant control by any special In
forests, and fair to all sections and
classes
The resolution contained clause d.
rcctiug that a coy Of tho chambers
action bc sent TO each member OF Con-
rress from the state OF Virginia and
that these representatives. be request
cd to promote the introduction and aid
In the passage oil bill in Congress
which Will meet with the requirements
set forth by the Citizens' League.