Atlanta Georgian. [volume] (Atlanta, Ga.) 1912-1939, 1912-10-29
PROSPERITY HAS
ARRIVED, TRUST
HEAD ASSERTS
Conditions Never Better So Far
as They Affect Our Country,
Declares Gary.

PITTSBURG. oct 29-At the third
general meeting of the American IRON
and Steel institute here Judge :. H.
Gary, chairman Of the United states
Steel Corporation, stated that the Unit
ed States was in the midst Of an un-
precedented era Of prosperity. He laid
its cause to the recovery OF the general
public and the great corporations from
the bankers panic Of 1907, Judge Gary
touched very lightly on the interna-
tional political situation. lie said in
part
I'VE are in the midst of an era OF
prosperity never before surpassed, 30
FAR as it affects our particular lines.
These conditions have not resulted from
he application of political policies or
efforts, but exist in spite of them They
are here because nothing could pre-
vent In the first place, for the last
few years, following the bankers panic
II 1907, there has existed a feeling Of
uncertainty and a lack of confidence
which have deferred the great purchas-
ing public from entering the market,
even to the extent Of supplying their
necessities. This has been especially
true of the railroad companies. who are
among our largest patrons.
Buy of Necessity
In consequence, the necessities Of
the consumers have piled up to such
IN extent that they have lately been
forced to increase their purchases ma
rerially When, therefore, the railroad
companies and others similarly situ-
ated commenced to buy, the general
influence and effect were Immediately
felt, and buying on large scale has
Immediately developed
Moreover, the bountifu crops and
sound basic conditions Of the country
have made every one realize more
clearly than ever before that prosperity
in this splendid country OF ours is to be
the rule and not the exception, not
withstanding at times we may be sur
rounded by adverse influences and I'M
warrantable interference. which, in any
ordinary country, would bring pro-
longed distress and suffering.
Questions Of great magnitude and
concern are at present agitating. the
minds of the people throughout the
world. We may be stubhornly oblivious
TO some of them. but we ought not to
be. We refuse to consider or at least
postpone consideration Of. many Of
them, The questions are international,
national and domestic; and they iu-
volve the welfare of every one. We
are disposed to wrap around ourselves
the cloak of righteousness. or we
proclaim that we rely upon the stability
of government or the majesty Of the
law, and we consider ourselves safe,
whether in our vision everything seems
20 be calm and tranquil or otherwise
People All Powerful.
We sometimes forget that it is the
masses of the people who determine
final results; that they may establish
and abolish governments. that they
may make and unmake constitutions
sooner or later that bring about condi-
lions satisfactory to them, even by rs-.
sorting TO destructive measures. They
have the might and they can deter
mine for themselves what is the right
They believe in the sentiment to quote
from a French writer on French his
tory, that there is bigotry in politics
as We'll as IN religion. and il is the
worst OF bigotry to reject change as
something which is inherently bad
Laws to be permanently useful must
vary with the varying condition of man
y am dealing in generalities, not in
tending to be specific or to make per-
sonal reference. The thought | would
leave With you is that there is no way
permanently settling any great ques-
ton involving the welfare of human
kind except on the basis of right and
Justice. Position, wealth. influence.
laws are helpless as a means of estab-
fishing a rule for human conduct unless
supported by principles of justice and
righteousness"