Salt Lake Herald-Republican | 1915-09-05 | Page 10 | Fears of Capital

FEARS OF CAPITAL F FM M. M r. r MARKELL prominently connected con- con L with the banking institutions institutions institutions of three eastern states gave additional in information in iLI an interview interview interview inter inter- view in yesterdays yesterday's Republican Herald-Republican conc concerning tile tho plethora of money in eastern banks and the intention of its owners to keep it it there Many previous ons visitors it Hors have havo said as does docs Mr rr Markell that II there there will ill be no new nel industries and II no no new lIew capital capital capi capi- tal lal invested until men with mone money II are sure they will not bo be hounded and until they are arc sure the tho economic conditions of the country are such that they can feel safe safo in investing im their money The Tho p political I affiliations of this eastern banker are not disclosed but whatever they may majr be or may have been there is little doubt what they thoy will bo ho next year Jear Those capitalists Iwho who vho had forgotten 1893 and who ho did not comprehend that only under Republican Republican Republican Re Re- I I publican policies s I are are the economic conditions of or the country such that the they can enn feel safe in investing their mono money now need no f further tion The vicissitudes they have ha endured endured en en- dured for more than two years have ha proven a liberal education They Ther will willbo willbe bo be found foun voting the tho Republican ticket next year Confidence is one of the essentials essential to prosperity second only in importance importance tance to the tho protective tariff Without Without With With- out it b business languishes to tion Without it commerce disappears disappears disappears pears for men will not send their money or other property along a road whoso whose end cud they cannot nee Commercial Corn Com mercial confidence is born of knowledge knowl know edge edg-c of the efficiency of government ro as well as of its good intentions and of belief that the activities itie of government gov gov- O I will he be steadily directed directed- to towards toWards towards to- to wards promoting the welfare of every ery i citizen which includes employer aswell as aswell aswell well as 05 employee Such confidence business s does not repose in the present pres pres- ent cut administration despite its repeated repeated repeated re re- re- re announcements that there is isto isto isto to be no more more harrying of business and that possession of wealth will vilI nob in future be considered prima fade facie evidence of dishonesty Tho The prosperity of the Democratic party has always meant the tho a adversity of the people er However honest and ml capable the men it places in high office office of of- fice however faithful they mn may be bo to toI tho the public interest a and d however cr I benevolent their intentions Democratic Democratic Demo Demo- cratic rati control 1 of the nation en can mean nothing but business bunness stagnation stag be be- I cause causo its underlying ing principle Is an economic fallacy