Show PUBLICITY AND FINANCE Charles L 1 Robinson iU of or the Guardian Trust company Is s quoted In the Finan Financial FInancial cial cia Ago of ot New York as decrying newspaper publicity because the ir irresponsible responsible editors and reporters seldom sel seldom seldom dom if ever reckon the tha terrible conse consequences of or scare headlines He would have hae no newspaper talk of or bank banle in trouble Too many man financiers are like Mr Ir Robinson in their assumption that editors and reporters of newspapers are irresponsible and do not reckon the of or what they publish Men Ien in the profession know better and the bankers who come in contact with newspaper men daily dally know bet better ter tr There are irresponsible newspapers newspapers pers Just as there are irresponsible dishonest bankers but the press of ot this country during the recent mone monetary monetary monetary tary showed a a conservatism and a regard for the general welfare that deserve high praise This was particularly true of ot the Democratic newspapers and In marked contrast with the attitude of at Republican Republican Republican lican publications in 1893 Waiving the possible pos ible political capital that might have been made out gt of blundering Nashville speech over overlooking overlooking overlooking looking tie wide opening In the armor made by an fl issue of ot securities in time of ot peace the Demo Democrats Democrats have Joined hands to help re restore restore restore store confidence and assist a Republican Republican lican itcan administration to regain the financial equilibrium its president hail had upset by his wild indiscriminate at attacks attacks attacks tacks on the credit of or corporations and capitalists whether good or bad Contrast with this attitude of the Democratic press today the system pursued in 1893 by the Republican i newspapers newspaper They not only made no I effort to stay sta the panic of ot that year but seized It as a great political opportunity opportunity It made no difference to them If it they wrecked the national credit so long at ati they could get away with the political spoils of at the wreckage Neith Neither er Ir regard for business Interests nor patriotic desire to prevent Injury to the nation sufficed to stay their ghoul ghoulish ish sh pr Like a pack of ot wolves they yelp id d and howled until the whole na nation nation tion Uon was and sd d The resulting distress and suffer suffering su sufferIng er ing are too well known to need de The wreckers attained their end at an awful cost to the people and nd the Republican party was replaced in power at the next national election I and iid has hat been there ther ever since I Comparing the records of o 1893 1333 and 1896 the Democratic leaders and news newspapers newspapers newspapers papers have hae every reason to resent the suggestion of this his New ew York banker that publicity in this emergency emer ency has hasben hasben hasben ben harmful Such publicity as has been given has been almost aln ost altogether of or a kind to save the situation Crim Criminals CrimInals CrimInals have not been spared but the press has assured the people right rightfully rightfully rightfully fully that there was ws 85 no occasion for or hoarding money it has convinced them that the clearing house certificates certifIcates cates were safe and needed to tide over n brief brier period of or currency short shortage shortage Shortage age it has succeeded in reestablish reestablishing ing public belief be et In the solidity of the nations banks and it has done more than any other oth r agency to convince financiers that the Institutions of ot th country its great transportation tion corporations and its general busi busl business ness fleas affairs are on a sound basis The president of ot the United States has done more mor harm hann with his lila scare head speeches and yellow policies tho i t Q fo o ff Jf In ih th s country put d together n co pared with him he the chief of the thc saffron saffron af affron fron New e YorK dallies dailies Is la an example of sane conservatism cons an evangel of or placid policies t |