New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1912-11-22


respect for the liberty of opinion of
their opponents, and love of country
which should embrace also a love of
ones countrymen.
He said then that there were vast
masses of the people of our country
who totally misunderstood our people,"
and said that such a misunderstanding
lay at the bottom of the spirit which
he had described.
Denounces Canal Privileges.
The Senator went along from his in
Prospective discussion of Americans in
their relations with each other to a
similar discussion of America in its
relations with other nations, which led
up to his point of denouncing in the
strongest terms the proposal to allow
American ships privileges in the
Panama Canal
Such a step. he asserted, would put
America in the position before the
world. of the merchant whose word is
not good among his fellow merchants.
Mayor Gaynor, who followed Senator
! Root said he would have to confine
J himself to words Of one syllable in his
| future speeches because Of the fuss
made over his use of the word "spissi-
tude" at the dinner Of the Fifth Ave-
nue. Association the night before.
! With that introduction the Mayor
| launched into his usual attack upon
yellow newspapers, going over in de-
tail the criticisms which were made
upon him for his stand in the subway
! discussion, in the Eleventh avenue
/ track matter and in the more recent
question as to the possible purchase Of
/ the South Brooklyn docks.
! James NJ Beck and former Senator
! Chauncey NJ. Depew also spoke. John
Clafiin, president Of the Chamber OF
! Commerce, acted as POSTMASTER, and,
after a brief Introductory address, in
which he decried the arguments Of
| those who thought the Constitution In
adequate to new needs, he proposed the
toast to the President Of the United
States, whom he termed, "a wise ex-
FOUNDER and stanch defender of the
! Constitution"
Governor Wilson had been invited
to the dinner, Mr.. Claim said, but had
! declined because he wanted to take a
! little rest before beginning on his Sch
tence Of -four years of hard work"
Let us hope that the four years Of
hard work will be so fruitful of sue
cess to him, and of prosperity to the
nation, that he will not feel that 1t
had been hard work." said Mr.. Claim,
| and now 1 propose the health Of that
! scholar and statesman who is now the
President elect of the United States"
Hope for Prosperity.
Senator Roots speech, which was
delivered in his most serious and
thoughtful vein, was received with the
utmost attention. The Senator seemed
TO take it for granted that the men to
whom he was speaking desired a con-
tinuance Of prosperity, and he said
with but few exceptions that was what
| every man in the country wanted. IL
the men Of the Chamber of Commerce
believed that prosperity would not come
! as a result of the decision registered
by the voters, that belief was founded
| in a misunderstanding on the part oil
| either one or the ether.
! That misunderstanding stood In the
! way Of proper solution of the financial
| problems of the country, he said, be-
cause great bodies Of people distrusted
| the motives Of the men who really UNI
derstood the complex financial prob
lens.
Continuing, Senator Root said:
The MISUNDERSTANDING when / say
| the misunderstanding II implies erroneous
| IDEAS, and there are erroneous IDEAS, TOT
! there are hundreds Of thousands OF peo-
/ ME outside the great industrial COM
/ munties who think you are den OIL
! thieves: there are hundreds or thousdhds
/ Of people who think that the manuIac-
/ turers OF the country are no better IMAM
/ = sci OF confidence men. Why, we have
/ before us now great and serious queslOhs
regarding the financial problems Oh the
country. And this Is what STANDS III inc
way OF their solution: 1t Is that the men
u
| try-the bankers and the merchants en-
I gaged I'm great operations-are under sus-
/ piclOn. III, -. oooo,.
Great bodies of people Will not accept
what they say regarding the subject OF
finance a subject complicated by all the
] currents and movements OF hnance
I throughout the world; they VIII not ac-
/ cent what the experts say, what the men
| who understand the subject say because
| they do not believe their motives are hou-
est ,-s
| So that the only one who can be heard
| is tbe man that does not understand the
| suhiact How are we to reach any conclu-
/ sion i'm that way? On the other hand'
! there are many in this room tonight VINO,
| away down in their hearts, believe that
Great bodies of the American people real
/ ~ want 10 destroy their business and
| condscate their property-that there are
enemies TO the men who are carrying on
I the vast business essential toOur pros
/ perity. - o,o ,,isunder-
| standing leads to conduct which seems 10
| Justify another in some respect NO one
| In This country wants to destroy busl-
| ness. TO destroy prosperity. L say no one,
I OF course, there are always nansei S an
| ~ over country who would Ike 70 de-
| stroy everything In the hope OF picklhs a ~
] the piece5. But speaking OF the great
| body of the people, they do not want 10
destroy prosperity; and when they 90
/ things when they vote for measures,
/ when they elect Representatives. IeaoIls
| Won TO think that they want 10 oestioS
| 1Tosperity, IL is because they misundeT-
stand you.
Must End Misunderstanding.