The Washington times., 1915-01-24
OPPORTUNITY GREAT,
SAYS JUDGE GARY
Industrial Depression Here Due
More to Legislators Than
War, He Declares. , 3.
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Continued from First Page.)
into service. without particularizing.
1t would seem SAT- to predict that in
be better for the next three months
than 1t has in the past three.
"As to Americas opportunity. It ap-
peals to me as the greatest offered any
nation since the beginning OF history.
The United States should dominate the
world in manufactures and In COM
merce. Its chances are literally bound
less. I would indorse almost anything
which might be said concerning the
destiny Of America.
Must Get Out of Ruts.
IF we can get out Of the ruts Of
antagonisrn, Inconsistency, distrust.
hypocrisy, individual indifference to the
rights and interests of others, which
seem to have prevented natural and
legitimate progress during the last few
years. so that tho people generally will
disregard undue personal ambition and
will work together, Joining hands for
the protection and promotion of the well
fare of all aixs having dispos'tio ion
privileges whicn this country affords, i
will be only. a question of time. ard
sner. at that, ,,k,n the United States
Will be firmly established as the ieadins
country Of the woriL'
Before he had thus outlined his vision
OF the future. the steel magnate said
that he did not believe such restriction
Of foreign trade as has been occasioned
by the war explained the business de-
preston in the United States.
Blames Attitude Of Law makers.
Il doubt that we should have had
any piping times Of plenty in the last
half of 1914" said Judge Gary. "even
hol <h4r han, ~ ho
dullness to the attitude Of legislative
bodies toward big business. Business
has been attacked and hectored and
abused until no one had the confidence
to 60 ahead. Those already engaged In
ventures were dubious of their outcome
a new enterHise of any magnitude
when any day it might become the sub.
ject of Gripping legislation. Capital is
timtd-notoriously so-and 1t was thor.
oughly frightened. The unemployment
which is causing such concern is due,
believe, to the hesitation Of financiers
who decided to wait until they knew
where business stood in popular estima.
ton.
II am glad to say that l think the
mind of the American people is chang
ing. l think there is a better feeling
toward big business. l belieye the err
are tired Of the agitator who heckle'
and harasses American enterprise.
think we will hear little in the mex
few years of radical onslaughts on cor
porations.
Capital Should Be Encouraged.
Il think the United States has learn
ed that the development of our re
sources must be undertaken on a larg
scale and that our prosperity demand
that capital be encouraged to go ahea'
fearlessly. giving its entire attention t
the natural difficulties of it's work an
undistracted by attacks which come. g
to speak, from the rear"
As to the war. Judge Gary holds tina
both sentimental and selfish interest
demand a strict "ha!r-line neutrality.
Selfish interest demands it, says he, be
cause any other position would be CIV
ing offense to some of our best Gus
toners. which would work irreparabl
injury to our trade. Sentimental in
terest demands it, because q partisa
position would bar this country as
mediator when the belligerents wer
willing to consider peace.
Steel Concerns Not Worrying.
The steel concerns are not worryin
over shipping conditions, he said. be
cause they are getting substantial or
ders and are delivering them with littl
difficulty. But these companies are nc
guaranteeing delivery. and that. say
Judge Gary. should be the attitude c
every American exporter. The Unite
States should be willing to sell as occs
sion offers, ,.in his op nion but it shoul
not try to protect deliveries.
In concluding the exposition of tn
business and industrial outlook as j
picture of the future Of this countr,
1.-THE United States with its vas
wealth and resources should be tn
financial industrial. and commercis
center of the world" he insisted. IAN
to a corresponding degree will be or
portunities for worthy achievemer
ia every direction. To the extent tina
we prosper legitimately and withor
prejudice to the rights of others W
may be able to render assistance
others who may need and are willin
to accept 1t.
American Wealth Increasing.
"The enormous wealth Of the Unite
States is increasing and largely e:
ceeds the wealth Of any other coul
try. And as an additional and in
portant item it may be observed tn;
Of the sS,50O.oO0,00O of gold he
throughout the world the Unite
states is possessed Of considerab
moro than one-fifth.
But of more consequence. even, v
pre always confronted by the ia
actual production of wealth in IL
United States is growing year by ye'
and cannot be diminished. Actu
realization of profits may be inte
rupted. but the great variety Of i
products and the length and bread
of its domains, with a climate and A
mosphere unsurpassed, continuous
serve to insure Il certainty Of Il
creasinG wealth and prosperity al
enables us to rely upon the abili
of the nation to support her own /
habitants comfortably and to furni
surplus to other nations in lari
and increasing quantities. with CO
responding returns in value.
Equal Justice For All.
ut is wise for us all to place o
faith in the wonderful possibilities
this country. In this connection it
to be remembered that there Is a gro
ing sentiment throughout the count
in favor of Just and fair treatment
all the people and all departments
ic