Live Stock Breeders' Association. 293 



we accomplish both moral and practical results ; then will men of 

 respectability be unwilling to gamble upon the chances of a jail 

 sentence for financial profit from business conducted in an unlaw- 

 ful way. 



Now I do not want to be unfair to the modem business man ; 

 unfair to those engaged in the actual conduct of the business en- 

 terprises of the country; nor do I wish to be understood as indi- 

 cating that the American people are opposed to wealth as such, 

 or to large enterprises or undertakings. The American people 

 realize today, as they have always realized, and as history has 

 taught them, that commerce is a great educator, a great builder 

 and a great civilizer. They know that Byzantium and Carthage, 

 Babylon and Tire rose and fell with the growth and decay of theiir 

 commerce. They know that Athens gave to the world her imper- 

 ishable gifts of art and architecture and literature when her har- 

 bor was filled with the trade of the Mediterranean. They know 

 that Rome rose to the zenith of her glory and power when her 

 market place was filled with the products of the civilized world 

 and her galleys sailed in every sea. They know that Venice and 

 Florence were magnificent in art and architecture and painting 

 and music when their factories were swarming with artisans and 

 when bazaars filled with the products of every land. They know 

 that England became the mistress of the sea and an empire upon 

 which the sun never sets, not alone by the strength of her armies 

 that have marched upon every land, of the power of her navies 

 that have sailed all the seas, but by commercial and industrial 

 greatness, which has made her the clearing house of the world. 

 The United States of America commanded the respect of all na- 

 tions when George Dewey sailed into Manilla Bay, and again 

 when that thin blue line dashed across the Spanish trenches at 

 San Juan and El Caney. But we commanded more respect when, by 

 reason of our industrial and commercial greatness, we demanded 

 admission to the counsel chambers of Europe and became an 

 arbiter of the world's destiny; when the President of the United 

 States, the one man of all the rulers of the world whose word 

 might be heeded, looked across the broad expanse of the Pacific 

 and saw an awful contest being waged there which was staggering 

 humanity by the waste of men and treasure. And he, by reason 

 of our commercial greatness and power, was able to reach forth 

 his hand and stop that awful carnage of blood. These were some 

 of the triumphant claims of industry and commerce. There is no 

 prejudice against wealth or large industrial undertakings in the 



