The Washington times., 1924-10-01
Ia Toilette IS
n lacked BY
BANKERS
Condemned for Views on Rail
Owners and Farming
Industry

Ok1lCAN1Os GcSs .-f-FSSuat0E NOD
egt NJ. La Toilette and his progress
rive platform came ~ for bitter
Gonunciation again today at the
second general session Of the fif-
tieth annual convention of the
American Bankers Association here.
The Wisconsin Senator himself
was characterized as ,"the nations
greatest liability" by John p. Ed.
gerton, president Of the National
Association Of Manufacturers.
Against RAN Control.
G. IN. Markham, president Of the
Illinois Central Railroad Company,
scored his policies and all others
contennp Federal control and
operation Of the nations basic In
dustries.
These two were the principal
speakers at today's session at which
q major part Of the time was to
be given over to hearing the report
Of the nomination committee, APP
pointed yesterday and the election
Of officers.
Edgerton hailed the progressive
standard bearer as an arch dema-
gogue" who is kept in power by
the spontaneous responsiveness Of
the egotist in human nature
1T Is this element in human
nature that makes his art SO popu-
lar and so dangerous" Edgerton
continued. Except for that he
and ali the other defnagogues in
the forum, on the rostrum and In
the pulpit, all vocational agitators,
professional politicians and fake
reformers would be compelled to
find some useful employment for
their misapplied talents.
Dangerous Power.
The Wisconsin Senator has null
tiplfed all the elements of distrust
and suspicion, prejudice and hatred,
discomfort and vengeance and has
brought them together into dan
gerous power. This genius from
Wisconsin is normal only when he
is abnormal and is happy only
when conspicuous as a destruction
Int or an obstructionist."
Edgerton then went into the ques-
ton what is wrong with the
United States" and among the ills
he listed as Of primary importance
The frightful loss Of sight Of the
spiritual values in the fog Of mate
rtalism which has settled upon ue
and the loss OF sense Of individual
responsibility in our reckless striv.
ings for advantage"
He expressed opposition to govern
ment interference in the operation
Of private enterprise and denounced
legislation passed only as political
fodder, des sIied to- gather votes.
He also scored the child labor
amendment as q .'rose that enfoids
q tarantula.
1T is meant to restrict production
and to compel uneconomic advance
In wages ais well as to expand the
powers Of the Federal government
he said. ut also will require the
ereation Of more public offices and
further excuse for raising the
cost Of government.
"These menaces could not affect
IN enlightened country except for
the fact that seventy per cent OF
the qualified voters are taking no
part, the more responsible elements
of society," The minority that does
most cf the voting IL generally
radical In thought"
Markham's address was in the
same vein. He declared thar the
IAllFOdOB MOUlQ ~ IOuHu III Eue
first line Of defense against those
who would make this country a
second Russia"
Denounced by Markham.
Our nation has developed as the
great defender OF the rights Of the
Individual" Markham said. ''Prit.
ate property is the corner stone OF
our Industrial structure. We have
never favored Government owner
ship as national policy and there.
fore we have never been called upon
to decide definitely just how far 1t
should 90. II the railroads are
taken over by the Government, we
must face the fact that the bic
step IN reversing our old settled
policy will have Neen taken END
there win be no stopping the force
once we have let It loose.
III there is no particular reason
why the government should not
own and run the railroads, Is there
any reason why 1t should not take
over also the banks, stores, factories
and farms until all OF us are gov.
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