The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1914-02-01
SHOVE POLITICIANS
SLIGHTLY TO REAR
Danger of Too Much Politics and
Too Little Regard for
Business.
HAsTY LEGISLATION PERIL
Chief Concern at Present Should
Be TO Find Work for the
Unemployed.
.HASTY LEGISLATION PERIL
RN II. c. FORBES.

ny II. c. FORBES.
New York. January 3l.-'ls the bust
mess man or the politician the more
useful citizen?"
would suggest that as a topic for
debating societies all over the country.
or are there no more debating socte-
tics in these too-hurried days
Arc we not in danger of having too
much politics and too little regard for
business?
Would it not hasten the re-employ-
mont Of thousands Of idle men and
women If the public as a whole threw
in their lot with employers and rele-
gated the politicians slightly to the
rear. at least until the army OF unem
poyed and the ranks of the starving
arc tliinned?
1t is iIoEical TO cry: Give us work.!
iu ono breath and in the next shout:
swat the corporations
Congress should Reduce Speed,
The present administration has al
ready placed on the statute books ire
mendously important legislation af-
foctiuc business More legislation is
needfu,. we all agree.
Rut why not have Congress reduce
speed WHY rush to do everything at
once? Why not. in the face of so
much idlcuess, go slowly until things
are again on n strong. prosperous,
stable foundation?
Methinks we have been exaltng the
politician oVermuch and undertaking
the value to the country Of the ener-
retic. progressive business man.
The frst material need is work
Without work most OF us cannot obtain
The ncccssarics of life.
EVIL practices monopolstic devices,
undue financial powerful these are in
line for correction. But why innict
upon the observation-disclosures many
mnjor operations all ut once when his
vitality needs strengthening, not fur
Their wcnkening2
Let's weigh men and their worth
to the country dispassionatcly. Let's
consider how much the average elm
ployer contributes To keeping things
going prospcrously And then place
The services of the average politician
in tho scaIes--although OF course,
the assumption must not be made
that even a majority of the politicians
are OF the stamp that many of the
Empire states arc proving to be.
World Ease i'm Money.
Tile great banks OF Europe have
lowered their discount rates to the
lowest level IN years
And in America funds are pilinc
mp high in New York, Chicago and
other banking centres.
The sudden Transformation in none
extent the slacllcning i'm trade, bur il
is partly due also TO the disappear
ancc OF all fear of grave international
troubles. boarded money is coming
out
Whereas loans were fla, failures
ono after anothcr--a few weeks ago,
they arc now being eagerly oversuh-
scribed y Prussian government issue
Was bid Tor many times over.
one result, important for America,
Is that European investors who sold
back scores OF millions Of oar securi-
l!es last year. are nov rehuying on
larger scale ihar- is geaerally known.
lnpouan, International bankers here
have filed many large orders during
tho last week, and they expect the
movement 40 continue
Helps Issues Here.
This, together with cheap money,
cannot fail TO improve matters here.
We cam look for many new offer
!nSs of bonds ana, later. stocks. The
Hhsorpuou should be moderately salts
Already tho New York stool, Elk
changes speculative kettle has boiled"
had hot, uncomfortable time. Prices
have shot up all through the active
llst AND optimism Is outrunnIns quo
NI>, humble view is that the mark ct
Viii he called upon To absorb so many
lieW obligations that The upward move
ihere. are apt 10 hc first, mercaniiIe
AND later. political developments cal
1uialta To cause reccssions as well rs
by inc best grades of Investments
ot spccuihntc purposes Holland x lead
.. Ayiiit N'tt 10" priced railroad
freight Raj" ~ Factor.
u,H ha!iNs upon Che Interstate Com
intTcc Commission action iu Tho I.ast.
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