The Hartford herald. [volume] (Hartford, Ky.) 1875-1926, 1914-02-04
Observation-Disclosures
Trust Plan.
THE FINANCIERS WELCOME II
Praise Its Tone and Remedies
and Predict a Business
Revival.
MARKET GOES UP AT THE NEWS
The New York World says:

Iut view WITH Sdsos
Wall street had no advance copies
OF President Wilson's trust message
and had to wait until the tickers
gave its details. 1t was carried
practically in full. When its con-
tents became known, the stock mar
ket showed a general advance.
Here are some expression of f.
nanciers
GEORGE ]. GOULD feel en-
couraged. My attitude for a long
time has been one OF extreme con-
servatism. The sentiment is more
cheerful and | believe that business
will be better. | would much pre-
fer to have the issuance of securi-
ties regulated by the Interstate
Commerce Commission than by
large number of State Commissions.
I do not think the abolition of in
terlocking directorates will prove so
troublesome or disturbing to the
corporations as has been feared in
some circles"
DANIEL G.. REID. head of the
Rock Island Syndicate-yery reas-
surfing.
HARTMAN & CO.-The message
contains nothing that should alarm
the investor. No legislation radical
enough to injure business is sug-
gested. The public is prepared for
new laws with definite rules for do
ing business and for Furnishing indi-
viduals for attempts to do business
unfairly. The reforms to be at
tempted will be comparatively easy.
JOHN r. KEANE. head of the
Stock Exchange firm of Keane, Fay
as a. Potts-The message displays
GOODNESS. precision and excellent
judgment. 1t shows the President
is in touch with sentiment through
out the country. The suggestions
made could come only from a mas
terly mind. The message undoubt-
eddy foreshadows a new era of pros
perity with clearer and better I'M
derstanding of the laws about which
there has been so much doubt and
confusion.
WILLIAM c. VAN ANTWERP, !
Governor OF the Stock Exchange |
call the message constructive states
manship and. likewise. constructive !
morality. If | had son just enter |
ing upon business career under
these new standards, / should be /
happy. He would have what the |
rest OF us have not had mastery |
constructive leadership at the ma
tons head and constant incentive
10 high ethical attainment. The
boys who begin in this way are for
tunate indeed.
HENRY CLEWS-It is quite evil
dent that there is disposition on
the part of the great business inter
ests of the country to meet the Pres
ident in a fair and square method
of adjusting their business transac-
lions. The temperate and concilia-
tory tone of the message is commen-
dable. There is nothing drastic in
it. | think that after the enactment
of the new trust legislation Presi-
dent Wilson may well be content
with the achievements of his party
and Administration, and that the
country at large will then have earn
ed well needed rest (for time at
leasD from any further Informative
and corrective legislation.
JAMES SPEYER-l have not had
an opportunity to read the message
yet, but from what | have been told
Il is evidently a very fine document.
j. u. MORGAN have not had
time to read the message, because |
have been too busy. but IL had,
would not discuss II.
WILLIAM ]. WOLLMAN-TRe
message is clear, constructive and
business-like. and will go far toward
restoring confidence and helping the
unemployed. as business men will
be encouraged to understake new
business. II Is very gratifying to |
see that Mr.. Wilson realizes the rail !
road situation. Equitable treatment |
of the railroads is the most impor-
tant subject at this time. IL looks
now as II they would be given full
and unprecedented consideration.