Omaha daily bee., 1915-10-30
Get TOGETHER
IS WATCHWORD
OF ESTABROOK
Noted Orator and Former Omaha
Omaha Man Talks to Republicans
Of State at Mckinley Club
Banquet.
TINE NOW FOR SOBER THOUGHT
Says Country Is in Midst Of Most
Profound Business Depression
Since Year of 1896.
PUTS BLAME ON DEMOCRATS

Henry d. Estabrook, often spoken
Of as a presidential possibility, was
the principal speaker at the banquet
Of the Mckinley club, held here last
evening. He spoke on the subject of
Get Together" and showed how
easy it was for the republican party
to stick together. He said that the
g. o. P. was big enough for La Fol-
lette and Roosevelt and the rest and
that they should resent a united
front in the coming contest. He
said:
Americans are becing a homo
genous people. 1t is seldom you
meet a man whose peculiarities of
wardrobe, hair cut, or parts of speech
betray his geography. We look alike,
we dress alike, we talk alike, and
some of these days we are going to
think alike. And the time for re-
publicans to begin to think alike is
now-this very minute. The occas-
sion-the necessity is here. Our
country is at skies and sevens-in-
side and out.
Except for the lamentable, but
lucrative traffic in war goods the
United States, so far as its Legitimate
industry is concerned, is in the grip
of as profound a business depres-
sion as we have experienced since
1896. Mr., McAdoo in a recent speech
says that prosperity has returned. OF
course, prosperity could not return
II it never had been absent. But II
g is true that a sort of fearful pros
perity is upon us-prosperity had
returned--temporarily at least, and
perhaps with a vengeance, In the
October Review Of Reviews there is
a non-partisan article by Charles F.
Speare, which every American ought
to read. Let me quote you little
of It.
In the history Of American busi-
ness no chapter reads moro liise a
Ld1Fy thio thdb OCo4Ahb Win
the events of the last year. No more
rapid or complete transition from
state of dependence to one OF inde-
pendence, or from the 'pauper to
prince condition. has ever occurred
in any country.
"A year ago the United States was
worried by Its debts TO Europe, and
apparently had no means Of paying
The amount was from $3Oo,OOOOOO TO
$500, 100000. England sent commission
ers over here to tell us how 1t must
be paid. The main argument was to
pay in gold and pay quickly. Ameri-
can dollars were at a heavy discount
81 being required at one time to off
set an English pound, against nor
NAL AS6 Industries were closing
The numbers of unemployed taxed
the organized efforts OF all charity
bodies. Eavings banks were losing
deposits at an alarming rate. Mart
cages were being foreclosed on a
scale almost unknown in the east.
The stock exchanges. were silent.
There were several hundred thous-
and idle cars on the side-tracks OF
American railroads. and a proportion
ate number OF idle engines. Money
was tight and the banks In new
York were much under their legal
reserve requirements. Gold poin and
gold certificates were being boarded
Mines were shut down. Building op-
erations were at a standshl Even
automobile sales droped abruptly.
Democrats and War.
s"This Is a truthful portrayal of on
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