The Anderson daily intelligencer. [volume] (Anderson, S.C.) 1914-1915, 1915-01-30
NATION FACING NEW
ERA OF PROSPERITY
CONTINUED FROM PAGE ONE.)

TO be followed, heading the list with
publicity-"not doing anything under
cover"
81 have always maintained that the
only way in which men could under
stand one another was by meeting
one another said the president. "If
l believed all that read in the news
papers I would not understand any
body. I have met many men whose
horns dropped away the moment I
was permitted to examine their char
acteT.
1T seems to me that can say with
good deal of confidence that we are
upon the eve of new era of enter
prise and OF prosperity, Enterprise
has been checked in thi4 country for
almost 20 years, because men were
moving amongst moze of interroga-
tion points. They did not know what
was going to happen to them. All
sorts Of regulations were proposed
and it was matter Of uncertainty
what sort OF regulation was going to
be adopted. :.
THE most necessary thing, there
fore. was for us to agree. as we did
by slow stages. agree. upon the main
particulars of what ought not to be
done and then to put our laws in such
shaoe as to correspond with that gen.
eral judgment. / have never
doubted that all America believed In.
doing what was fair and honorable
and of good report. But the method
the method of control by law against
the small minority that was recalci-
trant against these principles. was 9
thing that it was difficult to determine
upon. And it was a very great bur-
den. let me say, to fall upon a par.
sticular administration OF this govern
ment to have to undertake practically
they whole business or final definition
+ rThat is. what has been attempted
by the congress now about to come tc
a close.
.It will require period of test to,
determine whether they have success.
fully Defined them or not, but no one
needs to Ave IL proved 10 him that It,
was necessary to define them and re-
move the uncertainties. and that the
uncertainties being removed. COM
mon understandings are possible and
a universal corporations
"In the first place, feel that the
mists and miasmic. airs of suspicion
that have filled the business worIf
have now been blown away. I believe
that we have passed the era OF srs-s
piciop and have come now into the
era OF confidence. Knowing the ele-
merits we have 10 deal with. we can
deal with them: and with that conf.
dence OF knowledge we can have con-
fidence of enterprise.
"If my jud zment is correct. nobody
has been Suspicious Of any business
I,ok 1s 1xt,t
have been suspicious whenever they
.used to axe an unfair advantage. Z.
But bond having been given for
the big fellow, we can sleep o nights.
nThe era OF private business In the
sense OF business conducted With the
money of the partners--i mean of the
managing partners, Is practically
passed, not only in this country. but
almost everywhere. Therefore, almost
ali business has this direct responsi-
bNity to the public In general. We
owe e constant report to the public,
whose money we are constantly ask
ing Tor in order TO conduct the busi-
ness itself. Therefore, @e have got to
trade not only on our efficiency, not
only on the, service that we render,
but on the confidence that we ctlfi--,
vate There is new atmosphere Tor
business. The oxygen that the lungs
of modern business takes In Is the
oxygen of the public confidence, and
stf yon have not got that, your bnsi-,
ness is essentially paralyged and as
phyxiated.
al take it that we are in position
now to come to common under
stnnding, knowing that only a COM
mon understanding will be the stable
basis OF business anu hiat w
want for business hereafter IL the.
same kind or liberty that we want for
the Individual.
pTsiere have been times-I viii not
specify them, but there have been
times shen the field looked free. but
when there were fsybrs receipd from
the managers OF the course when;
there were advantages given. inside.
tracks accorded, practiceS which
would block the other runner, rnIes.
which would exclude the amateur who
wanted TO get en- That may be q free,
Held 0fit there is favor there Is par.
TALLY, there Is preference, there Is,
covert advantage taken of somebody,
and While IL looks very well from the
gram pdstand; there ara men whom you
can find wIi6 were not allowed to get
into The track and test their powers
against the other. raen who were rae
inE for the hoRprA cf the day
y Il ink II Is q serVfceable figura