The daily telegram. [volume] (Clarksburg, W. Va.) 1901-1926, 1915-10-23

- etAS <AAAeA4caA SUteIulGut III 1Lh
wal between the North and South,
and who is president of the peace
society. banker by profession, an
expert by attainment, Methodist In
religion takes precisely this view.
And all this on patriotic. and Chris
tan views at the beginning Of the
war in Europe. Wall street was one
boiling caldron Of excitement. But
time has shown its softenink in
fiuence and whatever may be per-
sonal desires this is true, that the
frightful, chastity and unequal
slaughter, wounds, suffering and
ruin has made men in every walk Of
life stand with bated breath and pray
that its end may quickly come.
How Nation Lives.
A nation does not live by muni-
|tions OF war, their manufacture,
storage or use alone. It lives on
constructive things. by It's oil wells,
coal fields, iron mines, cotton growth,
sugar production, cattle industry.
and all those things which go to
the bodily we'll being and growth Of
man. So Wall street and its sur
roundings stand for the produce ex-
change, the cotton exchange, the,
sugar, tea. and coffee trades, about
which the general public hears
much and knows little. Few persons
know the large range of difference
lin quality Of sugar, tea, coffee or
rice, To most people sugar is-sugar
and coffee is coffee. But sugar is
mot sold by the brokers and import
ers alone by the pound. 1t is sold
on guaranteed stated quality. Some
sugars have very low sweeting pow
err, and some very high. 1t is plain
that the sugar of seventy per cent
Isweetening power is not worth as
much as a sugar at ninety-four per
cent and so whenever sale is made
1.-The quality of sugar to be delivered
Ills stated and guaranteed. and the.
agents Of sale and the great reaaers
have each chemists who test sugar
on delivery for the one side and
on Its acceptance for the other.
The vastness OF the business trans
acted by what is described as Wall.
street deties the ingenuity OF man
to make for himself clear picture OF
1t. The great railways of the re-
public are amongst the principal
means Of its upbuilding. Their ac-
tiyity in its growth few people have
any idea of. Eighty-tive years ago
all told the nation had less than
14.00O.000 persons. Now It has
roughly speaking. 100000. Our
population has doubled since the end
of the Civil war. Much Of this pros
perity and growth has been made
possible by the opening of new lands.
Through railway construction, and
whatever abuses may have crept In
this is true, that from the Gulf Of
Mexico to the Golden Gate the bene-
ficient effect OF rapid and compare
lively cheap transportation is seen.
A half a cent per ton. per mile pro-
fit pays the dividends. And speak
ling at large and with words of mea-
sured meaning no equal number of
men in the world have done as much
to bless it as the great leaders in
railway enterprise who have received
as much vulgar popular abuse, have
been made the prey Of designing poll
ticians and land spectators and de-
magogs as they have.
Railroad Supervision.
Millions of men are engaged In
railway work. honorable. useful,
noble on the railways. And these
men from top to bottom deserve con-
sideration. It is the opinion of Wall
street that railways should by public
law, have wise. Just and rigorous
supervision. But that they should
be given opportunity to do business
on an assured reasonable. but not
exorbitant return. The wisest men
and the most upright of the street
have the wit to see as they have
the justice to say that in making
travel comfortable, safe and reason
ably quick they will best serve the
interests of the share holders whose
property the railways are.
The Standard Oil Company head
quarters are in this region. the ex-
tent of their business is not known.
Mr.. John D. Rockefeller and Mr..
William Rockefeller are not as ac-
tive as once they were. Young John
ID. Rockefeller is a man of promise
and importance in the business
world. With every opportunity and
all the money necessary to be a
rake and a scrape grace he despises
that character. He goes to the
Baptist church, he says his prayers,
he teaches in the Sunday school, he
IS an example of personal character
to young men in the nation. In
Wall street and Its surroundings the
moral changes in the personal charac-
ter Of the men in the last ten years
may be described as wonderful. Tie
young men in business hours do
not go to saloons. or billiard holes
They attend strictly to business and
they see that by so doing that they
are creating for themselves the GER
tainty of usefulness in larger places
than those they occupy and SO Sc
curing a larger reward than that
they now obtain.
nFTn mn