Dakota County herald. (Dakota City, Neb.) 1891-1965, October 30, 1908, SUPPLEMENT TO, Image 11

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    -.'Dim
I'crmc- Supporters of Bryan Assert
Their Manhood find Quit the
Continuous Office-SceKer.
Thousands of Bryanitcs Turn to Taft
tn tho Campaign NearG the End
neither the "Cleveland Demo
crnt3" Nor the Independent Voters
Take Their Places and Bryan's
Defeat U Certain. "
Tho thousands who formerly voted
for Bryan, hut who refuse to endorse
Hint candidate's latent plea to he elect
'd President, include thinking men of
all occupations mid conditions In life.
They nre now couvlneed that Bryun in
loo unstable and Impractical to he en
trusted In power. They like to bear
Mm talk, hut they tremble at the
thought of hlni In tin; Whit" House. '
v ' As the campaign has neared the fin
Ish the defections from the democratic
party In favor of Taft and Sherman
have gained in volume and It has been
imy to hcc the steady drift away from
Itryan. With his old followers leaving
him. the "Cleveland Democrats" still
refusing to heed his advice, and the
absolute failure to add new recruits to
his cause, the chances of the Nebras
an for success have decreased steadily
s Nov. 3 npproaehed.
The Fear ot Bryan.
The fear that the election of Bryau
ill turn back the bauds of the pros
lierity clock, no one knows how many
y-ars. Is obvious all over the country
and the feeling Is shared by business
n.ei: and laboring men nlikc.
Stimuel Itosentlial of Baltimore, of
the firm of St rouse & Brother, one of
the largest clothing manufacturer in
itie country, has expressed the belief
that the prosperity of the country and
the steadiness of business deiend on
the election of Taft. Although a Dem
ocrat of many years' standi. ig, Mr. Ro
senthal says he will vote, for the Re
jii.l lic.ui candidates.
In Omaha n railroad man owe in
. tin' ranks was listening to Bryan
make one of his big campaign speeches,
lie stayed until Bryan began to attack
i:HMvelt and to ask "what has Roose
v'lr. ever done?" The railroad man
rjuit the meeting. procured a Taft badge
and pinned It on Ills coat in place of a
Itryan button, which he threw away.
He said he had Intended to vote for
Iiryun. but that Taft would get his bal
lot. C'nrllailo Not for Ilrynn.
. Some of the Brynnltcs have Imh-ii pre
dicting that John . Carlisle would
take a stand for the "Peerless," , but
kii far their prophecies have failed and
it is said by iiufctvho are close to that
adamantine defender or sound govern-
'lection of Bryi"-.
Joseph It. (i.VjsLloutcuntit Governor
during the administration of John l.
Allgeld ns (iovernor of Illinois, and a
lifelong Democrat, has announced that
lie will vote for William II. Taft. Mr.
tiill. now a resident of California, reg
istered at the rainier House, Chicago,
hi his return from a visit to his old
home at Murphyslioro. where he still
owns a daily Democratic newspuier.
In the lobby he met l.en Small of Kan
kukcy. field general of the Yates forces
during the primary light. "I have been
n Democrat all my life," Haid Gill, "but
I am going to vote for Taft. Why?
'll, the reason is short and simple.
Taft represents the true Roosevelt prin
ciples and Bryan represents almost
anything for Itryan."
An Incident frou
Nrliruaka.
Frank Currie of Gordon. Neb., for
merly a State Representative, relates
Hie following, which is extremely 11
liimiiM'.ing as regards comlitioit.s In
"Bryan's own State":
"In my travels over Nebraska I have
la-en able to tind hut one Itepuhllcau
ho says lie is going to vote for Bryan.
.Another little incident shows the way
the wind Is blowing. , Recently at din
ner twelve voters were seated. Eight
liad voted for Bryau in lShu and four
of the twelve hail voted for him in
but each anil every one declared
that this year they were going to vote
for 'Part. 1 thought for a minute they
might he trying to string me. but after
talking It over with them I saw they
were all slm-ere In their convictions."
John W. Reynolds, a Confederate vet
, rr:in, writing to the Baltimore A inert
.ran. says:
"I! is true deplorable condition ex
ist through some parts of the couutry,
luit at the time Mr. Bryan was at the
liclm In Ciuress they existed every
where. AnU the manufacturers, the me--iii(ii's
and limners und laborers of
the country, it was the period that
few have forgotten. Never will I, as
a South! in man from the grand old
4tstc of North Carolina, lour years in
lie service of the Confederacy lighting
for a Oiiuse I believed to be right. If I
...-. .
;n- i snail ensi my vole lor the Hon.
"W II. Taft and Sherman for the pres
idency and vice presidency."
California Supporter Turn Awnjr.
It. M. Hotaling of Sail Francisco,
nho has been a liberal contributor to
Vcmocratio campaign funds, refused to
tut so this campaign and announced he
fenl tToiie over-to the Rcpiihli;iii cause.
Georte li. Jones, former prcidcnt of
the Democratic Negro Jefferson Club
f St. Louis, started his audience cheer
ing st the meeting of the precinct or
ganization of the Missouri Negro Re
publican League Club at 349 Chestnut
treet, when he told why be left the
Democratic ranks. He promised to try
(a induce the members of the Demo
cratic organization to follow blm.
Edward J. Maxwell of New Tori
City, who has supported every candi
date of the Democratic party sine
18t4. has come out ia a long public
Jjjjjjl 4--
0
Copyright, 1008, by the Mali and
letter, telling why be has quit Bryan.
In closing he says:
"Many other suggestions occur to me,
but tliese 1 have mentioned suffice to
determine me, not to abandon Democ
racy, but to vote for a candidate for
the presidency whose election will go
far to insure the prosperity, peace ond
happiness of tills great people.
"KDWAUD J. MAXWELL.
"New York. Oct. 14, 100S."
Kverj" Cam a n I ' linn Tnft Convert
Efforts of the Buffalo News to ascer
tain the sentiment In the smaller towns
of western New York reveal the fact
that in every community are many for
mer Bryan men wlio declare tbey will
vote for Taft and tbc assurance of
prosperity.
Brig. Gen. Horatio !. Gibson. I.'. S.
A., retired, of Washington, snys:
"I am a Democrat, but I don't see
how the Democrats can support Mr.
Bryan. He does not seem to stand
for any of the real principles of the
parly, and if 1 had n vote for the pres
idency, I certainly should not eai't it
fu- hi in." ,
P. L. Jones of Ardmore, Okla., has
written to the Ardmore Statesman, say
ing that although a Democrat he will
break a custom that has wen o rani;
lly pride siuce the Civil War" and wilf
vote fjrr Taft. Bryants connect Inn w!.th
Jones.
Frank ,11. Jones of Chicago, Vffo wax
First Assistant Postmaster GeiVral for
four years under Mr. Cleveland, said:
"Mr. Bryan favors the guaranteeing
of bank leHsits and has committed
the Democratic party hi its platfor'n
and in his public speeches to this un
sound and dangerous doctrine. It must
lie admitted that on economic ques
tions affecting the farmer, the me
chanic, business and country generally,
either Mr. Bryan is dangerously un
sound or he is willing to mislead the
people and threaten their prosperity
by advocating measures he knows to be
unsound, merely liecause for the mo
ment his views seem popular.
"I do not want to see the prosperity
of this country threatened by unsound
exieriiueiital policies such ns Mr. Bry
an's past career proves he is too prone
to indulge In.
"Business eonfidem-e must he main
lained, the fni'torh'S kept busy and
labor employed i'.:'d Mie fanner must
not be disturbed In the prosperity he
Is now enjoying.
."The calm, forceful, intelligent and
conservative attitude of Mr. Taft hi
all of the important questions affecting
the public good assures us of continued
progress,
"To risk Mr. Bryan is dangerous to
our business prosperity.
Encouragement to Swindler.
"Banks would he pretty nearly as nu
merous as barrooms If Bryan's scheme
for guaranteeing national bank deposits
should ever become a law," said Josiah
D. Dinkel, of Boston, who travels over
a largo part of the country In the In
terests of a financial publication. 1
come into contact with prominent bank
ers nil over the Fulled States and I
Inne not talked with u single one wlu
is In favor of the scheme to guarantee
deposits, mainly for the reason that
they cannot see how anyone would be
protected. They ulso think that the
plan would encourage, rather than pre
vent, dishonest methods. Why, Just
think how It would work out. Any
faker who could, by hook or by crook,
get a bank chnrter and iiersuade people
to deposit money In the bank, could
pack his gvlp with the deposits and de
camp. The worst of It is that he could
get away with a comparatively clear
conscience, because he would know that
tho l.'nlted States government, or some
other banks, would reimburse the de
positors for what tbey bad put In."
In one of his Kneeclip l.-itweek Mr.
Taft remarked that "The tendency of
Mr. Bryan's mind Is toward a theory
that addresses itself at once to tbe ap
proval of an audience and not one that
fits into the drafting of a statute to
accomplish anything." This view helps
explain why Mr. Bryan gets so much
applause from an audience and so little
support at the polls. The sober second
thought Is too much for him. St. Louis
ti lobe-Democrat.
Bryan is an apostlt of fallacies. Ills
great service to the country consists
tn being defeated. -Governor Hughes.
THE READY RUNNER.
Express Company.
BRYAN AND FREE WOOL
Not Anxious to Raise Price of Wool
for Benefit of Sheep Raisers..
But Would Lower Prices' of Woolen
Good3 for Benefit of Wearers.
In 1 894, while a member ot the
House of Representatives, Mr. Bryau
wrote the following letter to a, constit
uent :
COMMITTEE OF WAYS AND
MEANS,
House of .Representatives,
. Washington, I). C. Feb. 0, JS!)l.
Mr. V. Neiiinun, Oakland. Neb.:
Dear Sir Your favor at hand.' I
think you are right in saying that if
we prohibited the use of shoddy, either
directly or indirectly, It would increase
the price of wool to soiue'xtent by In-
reasnig me demand ror it, Nut It Is
expedient always to do cviythlng
u tne taxing . light to
used ror any sucn pnrffljw. 1 nm
not so much Interested In raising the
price of wool which will only benefit
those who raise sheep, as I 11111 in low
ering the price of woolen goods, which
will benefit all those who wear them.
Yours truly,
(Signed) , W. J. BRYAN.
Bryan's Sophlntry Shorn,
The American Sheep Breeder in n
recent Issue exposes the fallacy of the
iiryan contention as follows:
Bryan's free wool sophistry Is knock
ed lr a cocked lint by facts and figures
ns far as the "dear public" is con
cerned. Mr. Bryan doesn't believe In
building up a great national Industry
like the wool industry, at the exiiense
of the general public. Really, how
lunch does the dear public have to pay
to maintain tho wool industry of the
t.'iiited States? I-t ns get down to
facts and figures. -There are something
like one million men engaged In grow
ing wool, with nbaut five hundred mill
ion dollars of capital Invested, with an
nunuul wool production of say from
ni'ty to sixty milliou dollars. This fig
ure is hosed on on average of IS cents
per pound for the wool grown. In ad
dition to that, say fifteen million mut
tons are produced at a selling price of
around sixty-five to seventy-five million
dollars. A fair valuation of the annual
production of wool and mutton would
lie one hundred and twenty-five lnili
ioi.s. What the annual loss to this in
dustry would be under a free wool reg
ime Is well known. Instead of the
average of say IS cents per pound
f which is an extremely low figure for
wool under ordinary times) and the av
erage of about half that prii-c for wind
(on n free trade basis) would mean
a loss to the wool grower of at least
twenty-five milliou dollars per year.
Wool growing in the West, under Cleve
land's aduiinlstratin. ruined thousands
of flock masters. Montana wools sold as
low as seven nnd eight cent pt.r pound
under Cleveland. Two year ago these
wools brought anywhere from eighteen
to twenty-five cents er pound, and
even higher figures for exceptional
clips.
free Trad No Benefit to onumcr.
Now let us find out the cost of cloth
ing, and the so-called saving to the con
sumer. For a spring suit of all-wool
clothes, three nud one-half yards of
cloth are required. One yard of clotli
weighs ten ounces. This would require
a trl.le over two pounds of wool. A
fall uit requires three and on... half
j:'T'i: at fourteen ounce- to the yard.
or forty-nine ounces. The cost of cloth
ing represents 05 per cent in labor and
13 per cent Id material.
The ordinary
suit of clothing has 00 per cent of wool
and the balance Is shoddy and cotton.
Suppose the tariff on wool were re
moved, that wool that had been aver
aging IS cents per pound fell 50 per
cent; the saving on a spring suit of
clothing would be a trifle under twenty
cents, providing the manufacturer and
the retailer cut dowu the price of the
garment to tbe extent of tbe reduced
value of the wool caused by a removal
of the tariff. On a fall suit of clothtne,
based on the same figures and condi
tions, the cost would be reduced to tbe
evtent of say 27 cents or thereabouts,
This means all-wool clothing, and does
uot take Into consideration any shoddy
or cotton, which everybody knows Is
used extensively In low-priced gar
ments. As a matter of fact all woolen
clothing, or clothing mode out of
mixture of wool, cotton nnd shoddy
never has, and never will, lie sold to
the consumer for one ienny less under
I fee wool conditions. Every school boy
Knows that the cost of his clothing un
der Cleveland's free wool relgu was not
one cent reduced by the removal of the
tariff. Any reduction In the cost of
wool used in the manufacture of an
ordinary suit of clothing would be so
infinitesimal that, any manufacturer.
jobber, wholesaler or retailer would
laugh at the Idea of the public saving
anything by the removal of the tariff
on wool. It is the veriest nonsense to
consider this proposition for one mo
nient. We have, for our own satisfac
tion reduced the possible cost of nil
the woo!e. clothing used In the United
-ii..- ur mu year, provinmtiio sell
W13 value of, tbe goods were rfduced to
the extent -j'f tho reduction In the price
or wool. smii
ib 1101 worth
mentioning.'
Everyone knows that our
uiHiiufactu
rs have to lniHit about
twice the
mount of wool, we grow !n
this conn
y. Under ordinary business
conditions' the tariff on wool has kept
the price up to a fair measure of prolit
for the grower. No, gentlemen, we want
110 Hryau und free wool.
II Urraa Shooltl Be Elected.
(From the Philadelphia Ledger, Ind.)
Two letters have been received from
leaders who touch on the Intensely
practical assets of tbe campaign. A
business mail wishes to know wlint, in
all human probability, would become of
business and of our wonted and desired
prosperity If, perchance Bryan and a
lir.vau administration should lie chosen,
and a blunt, Intelligent worklngman,
whose letter Is too long for publication,
says that there Is a "lot of blather" In
politics,' and he would like to know
what the ordinary skilled workman is
to "get" if Bryan Is elected and "what
Tiift lias to oiler."
Those two Inquiries embody it large
part of the pertinent question for the
mass of the nation, and the gist of the
answer may bo given In a few words:
If Tuft be elected there will be rest, re
cuperation, confidence and prosperity;
if Bryan be elected there will lie acute
danger of unrest, lack of confidence
and uncertainty at least for a long time,
and the probability of a prolongation
of resuscitation of that stagnation from
which tbe country Is now by slow, la
bored and painful effort beginning to
recover.
The country is just lieglnnlng to re
cover from the industrial paralysis.
The crops ure passing fair; the people
of tbe nation arc rich; our institutions
are all sound; every known factor ami
material influence concerned in the re
turn of immediate, abounding, astound
ing activity and prosiH-rlty is present
save only complete restoration of con
fidence. Tbe only known or conceivable
influence which acts to retard manufac
turing and general Industrial otierailous
and tho full employment of all work
ers at this time is the lingering politi
cal unrest und the knowledge tbtt a
presidential campaign must be held be
fore the atmosphere is finally cleared,
so that "cowardly capital" will trust its
head forth again from Its safe deposit
caven.
Injunction Heatrala Capital.
"I am against those guerillas who
would dentroy this most vital writ of
conscience. The rourt of equity Is the
keeper of the people's conscience and
tlie writ of iujuuetion is Its most valu
able power. It prevents the digging
of a dltcb that will damage adjacent
nroperty ; compels railroads to furnish
cars. It stays tbe hands of lawless
corjMiratlons from, - committing acts,
which once done would work an Injury
that could not he amended. Under the
plan of the opposition you take tbe
bridle off for lawless wealth and bid It
run wild. Scores more of Injunctions
have been Issued against capital than
against labor. Name me one and I will
name you at least 100 against capita'."
-Senator Albert J. Beverldge.
PLAN RATIONAL
ISoted Financial Expert AJvlses
Against Inconsidcred Action,
All Classes Interested In Establish
ing Sound Banking System.
Victor Mnrnwctz, recognized as an
exMrt upon llnnnclal nnd economic
quest ions, says the Bryan bank deism It
guarantee plan would encourage "wild
cat" banking. These are excerpts from
a recent article written on the nubjei't
uy .Mr. .Mora wetis:
If It were true that the adoption of
llus plan would make all deposits In
national hanks equally safe and there
ny would Inspire colilldence In all li;l
tionnl bank deposits, ns Mr. Bryan
claims, the plan would prove a 'direct
encouragement to "wildcat" banking
and would prove disastrous In the long
run. It would enable speculators or
inexperienced persons to form a bank
with small capital and to obtain large
deposits on the strength of the guar
anty, by offering higher rates of Inter
est to dcpoKltora than n conservatively
managed hank could afford to pay ; and
they could then use these deioslts In pro
moting speculative orAinsound ventures.
They would only risk the loss of the
smalt capital which they contrlh
uted and their Individual liability for
an equal amount. If their speculations
should succeed, they would reap large
profits, but ir their "peculations should
fall and the money obtained from de
positors be wasted, the sound banks
would have to bear the loss.
Republican Plan Rational.
The Republican party proposes to
deal with this banking question In a
rational, conservative manner. Having
regard to the difference between savings
deoslt8 nnd those commercial deposit
liabilities which nre merely bank exed
Its created as a means of carrying on
the business of the country, the Repub
lican party proposes to establish a sys
tem of ititl savings bunks so that the
people everywhere throughout the
country can deposit their savings with
absolute safety. A proposal has also
been made, and, no doubt, will he con
sidered by Congress, of authorizing tile
national banks to establish savings de
partments to lie managed, under the su
pervision of the Comptroller of the Cnr
rency, according to the most approved
methods of managing savings hanks.
The Republican party recognizes that
the L'nitcd States should have tho
soundest nnd safest system of bunking
and currency t lint can be devised, and
to time end a Republican Congress has
npiKilutcd n, national commission, con
sisting of Senators nnd Representatives
of both the political parties.. Ft com
mission Is now.conslJerlng v "nhjec
puulic hcuriugvwiri niaUc
Herniations to Congress at tlV
opportunity.
All t'laaaea Kqnalljr lutrrrxteil.
All classes of the people and all sec
tions of the country ure equally Inter
ested . In establishing our system of
banking and currency uimiii the sound
est possible basis. The welfare of the
entire country depends upon u sound
and practical system of banking and
currency, and the only patriotic course
Is to eliminate all party feeling and
politics from the consideration of tills
great subject. We know that the pres
ent system Is not perfect and should be
unproved, Int we know ulso that we
have proHiiered under tills system and
thnt Hicre Is no such pressing need for
n change as to warrant hasly or Ill
considered action. This plan of guar
anteeing bunk deposits undoubtedly will
lie considered with the utmost care by
the National Monetary Commission, nud
If Hie plan can stand careful analysis
mil scrutiny II wilt be adopted by Con
gress whether the government be con
trolled by Republicans or Democrats.
But It would be wrong Inexcusably
wrong to .treat this great and dilllnilt
question of finance a a ouestion of
party politics, to be dealt with by popu
lar vote In the heat of a presidential
campaign. Surely the American people
will not niiike this fur-reaching change
In their banking system and try this
dangerous, experiment, upon the reeom
niendution of the Democratic party and
of a leader who, twelve years ago,
and ugalu eight years ago. urged tbe
adoption of the worst financial fnllucy
of the age, and. if his counsels had pre
vailed, would have plunged the whole
country Into disaster and shame.
Urran'a Denunciation of Hashes,
.About this time In a presidential con.
test imrtlsnn siieakers run emptyings.
As a melancholy Instance of this behold
Mr. Bryan denouncing Gov. Hughes us
tbe backer of trusts! No man In Amer
ican life Is more clearly entitled to
redit ns the defender of the rights of
tbe ieople than the governor of the
Knmire state. He is a 'reformer who
has achieved results without talking
cveiybody to death. It inny lie adih-d
hat the voter who wants to get at the
real fact In the closing weeks of sucli a
contest as is now in progress.' when
acli side Is busy misrepresenting the
other, must dig them out for himself
and wry often, too, the aforesaid voter
Is tu mad to do It : Springfield Re-
pnb.'i.Mii. ,
Cannot Rlik Brrialim,
The American people cannot afford to
risk the government In the hands of
s political schemer and a professional
faker, one who Is constantly bunting
for sorao stalking borse on which to
ride into power. Naturally the con
servative, sensible voter turns In dis
gust from Mr. Bryan to the cautious,
self poised, wise statesman, William II.
Taft, who Is a pillar of national
strength. Senator William 0. Bradley
of Kentucky.
Earliest I
r - 1
TUC SUi'ItU COURT.
Choico of President WAX InvoWa
Far-Roachlng CoJnciuences.
(From (Jov. Hughes' Youngstown
speech.)
"Not only will the cowing election
directly affect the executive branch
of the government, hut It Is most Im
IKirtant In its relartmi to the Judicial
branch. Rarely has the choice of Presi
dent Involved more far-reaching con
sequences, for It Is not Improbable that
tlio next President will appoint at least
four Judges of the I'tilted States Su
preme Court. 1'pon these npiolntnient
will largely depend the quality of the
Judicial work of this great court for
years to come. Congress may pass
laws, but the Supreme Court Interprets
nnd construes them and determine
their validity. The Const Itntlon, with
Its guarantees of liberty and Its grants
of Federal power, is finally what the
Supreme Court determines it to mean.
Cpon the learning, wisdom and char
acter of the judges -of the Supreme
Court rests not merely the Just de
termination of the important mutters
of private right which come before
that august tribunal, but to a , very
large degree the eounie of our nolltl-
col history and the development and
security of our Instltutioiir.. Iu view of
the vacancies which in the natural
course of events will most nrolmhlv o-
cut1 during the next few years we must
remember that we are about to choo
a representative of the people to whom
la confided the nomination of Federal
Judges. 11 power second to none pos
sessed by tho President, the exerclso
of which calla for the highest Judg
ment. If we should search the coun
try for a delegate of the people who
could be confidently intrusted with this
important duty It Is nrohablo that- na
one could command higher confidence
than the Refillbllcnn cnivllilnt for
President. Himself a judge, learned
lu the wisdom of the law, he com
manded the respect and esteem ef the
entire bar of the country, without re
gard to partisan division. By litigants
and lawyers alike It was felt that when
he left bis Important place tinon tbe
Circuit Court of Appeals to undertake
his difficult duties In the Piillli,ilnes.
the Judicial branch of the government
had sustained 11 most serious loss. And
lie has long been regarded as one in
every way worthy to sueei-ed the pres
ent chief justice of the L'nlted States.
vuth his fairness and acumen, with
Ids wide knowledge or (he bar from
which the judges must be recruited.
with Ills broadmindediiess and demo
cratic sympathy and bis keen Interest
in all that pertains to the welfare of
tho people, we may lie assured that If
he Is selected to perforin this duty the
Interests of the couutry will be Impar
tially ami wisely safeguarded In Its
discharge."
s
Taft Speaks Well of Alison Work
n Orient.
Reference ti the recent Mattering in
terview nbout Mr. Taft by Bishop Bash
ford of the M. 1:. Church' in China led
the candidate Into a talk of missions.
He referred to n book written by Dr.
O. K. Morrison, of the London Times,
n which the missionaries are criticised
as not being of real use, and slighting
eforence is made to "Rice Christians."
I'hese, as Mr. Taft explained, are the
uatives who ure sithl to pretend to be-
:ome converts only to enjoy the bounty
of the missions. .
"My own observations In the Orient."
nld Mr. Taft, "lead me to believe that
Dr. Morrison's u-lticlsuis are not Jus
tified. The missions are the outjiosts
of our western civilization In China and
the oilier Oriental countries, und I hnvo
found the missionaries 1111 earnest and'
apable lot of people If was because of
my olisrfvnl Ions of the go.xl dune by
them in tlie Fast I bat our government
slublislied clubs 'on (lie Isthmus of
Piinamii, and put Y. M. C. A. sccretailes
in charge. We' also employed seven
preachers, Protestant ami Catholic, who
have -built up churches. There are per
haps t0,K) white people and 10,000
others brought from (he West Indies in
the canal rone. It was absolutely neces
sary that something of this kind be
done to prevent tlie imtiiIcIouh effects
of vice, which grows luxuriantly there
f not checked.'' New York World.
What New HryanUm .Wenna,
duced dowu to Its final analyst,
his new llr.raulsm Is the most danger
ous fallacy tbst he lias yet advocated.
His main argument Is that the state
and the national government exact of
bankers security for public funds, and
berefore thnt the ordinary depositor
should be likewise secured. The plain
answer Is, an Individual depositor bus
the same right us the government ta
require security for his deposits, but
neither tbe government nor tbe deposit
or has any right to require one baulc
o guarantee a deposit in another
uiik." Oscar K. Straus, Secretary Do
uirtment of Commerce and Labor.
Taft, lUOS llnar. 191.
To tbe Editor of the New York
World; X was not for Taft nt first.
but now I am. Bryan's electlou means
continuance of tbe bard times that we
ars now having. Taft's election means
the return of prosperity. I shall vote
for Taft, Sherman and Slemp, hoping to
vote for Hughes in 1012, T, 8. Iteddlx,
Saltvllle, Va , Oct. 8.
"Anything tbat make capital Idle, or
which reduces or destroys It, must re
duce both wages aud tbe opportunity to
earn wages." Mr. Taft, at Cooper
Union, New York City
MISSIONARIES CAPABI-T
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