The daily Gate City. [volume] (Keokuk, Iowa) 1855-1916, 1913-10-24
THE MAN WITH
A FULL PURSE
Head Of the Steel Trust, Get
ting Richer Every Minute,
Says America is a
Fine Place.
BUSINESS CAN INCREASE
United States Could Double Its Indus
try II Opportunities Were
Pushed by the
PepoIe.

CHICAGO, Oct. 24.-ln an address
before the American iron and Steel
institute here today, Ebert II. Gary,
head of the United States Steel COT
poration, set forth his views as TO
why business has hesitated, express
ed the belief that the outlook was
hopeful and declared that present con-
ditions were greatly improved over
those few years back. The rich are
more liberal6and more charitable and
the poor are more grateful for what
they received was one Of Gary's re.
marks.
I'm short the relations between all
are becoming closer and better under
stood" he added.
Gary declared that in seeking to
discover why business has hssiiatei
he believed It was largely because OF
unnecessary agitation and Ill consid-
cred criticism by those who have not
the nations best interests at heart
There is too much demagogy, too
much mud4slinging," he said. III is
not uncommon IN public discussions
| to treat success as an offense; to con
slider that possession of wealth, how
! ever honestly acquired. is wrong Leg
4 islation calculated to create clashes is
urged persistently also laws to i'm
spcse unnecsss and tnTeasensbl'
burdens; to forcibly take from ont
j. nran thing which he has and is en-
4 titled to have and turn it over to an
4 other; to prevent or to lessen the sue
cesses OF legitimate enterprise or en-
! deavor. Capital. always timfd, ha'
/ been seriously affected by this unreas
enable and uncalled for agitlticn ant
/ attack Indeed IT is becoming fright
i ened Confidence has been shaken" ;"
Gary declared that never bsfor,
were conditions which promotes th
material welfare Of the people SO fay
), orable as they are today. This coun
try IS the richest and greatest of al
!; in productive capacity he said afte
explaining the cause of ule hesitanc
said: sIn short this country. thoug
hesitating, is eager to do business
!, The volume Of business at this tim
although large, because the countr
is vast, is not half SO great as
ought to be or as it could be.
1--WE should not discourage hon S
sincere movements which are intenc
!, ed to maintain fair equilibrium a
to the rights of all classes CT penDle
, or those intended to prevent oppre'
sion or wrong; Or such as may fu
nish full and equal opportunity to e
! cry one to honestly and properly az
vance his own welfare and pecuniar
. interests. But at the same time
: should not be forgotten that the pc,
pie of a nation prosper or fail t
!, gether for that unnecessary destru
tion of one or few, adversely a
fects the whole body; that while til
application of the principles of goo
! morals Is of the highest importanc
!, nevertheless the man whom it
;, sought to influence by these cond
: tions lends an unwilling ear unless /
: the same time his material wants al
!, satisfied There is placed upon thos
in power and authority at the presel
time great responsibility. No doul
they will measure up to it.
What have said has not been i
, tered with feeling of despondenc
= On the contrary there is ground #
optimism.-I think we are arriving
r q better understanding; that we a
approaching the dawn of the create
prosperity"