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The Commoner
16
VOLUME 3, NUMBER 31,
Does Imperialism Pay?
In his spcoch delivered at Tam
many's Fourth of July colobratlon, the
Hon. Charles A. Towno in presenting
his views on our colonial policy thus
said in part:
"At the same instant of time Span
ish tyranny was intolerable in two
hemispheres. Against it Cubans were
in armed revolt at our very doors.
Against it Filipinos were in armed
rovolt half way round tho world. Each
sought national independence, and we
know it. Fellow citizens, when the
inquisition of aftor ages shall arraign
us at tho .bar of history, how shall
wo answer tho quostion: 4Wh was
a war for the .freedom of one people
changed into a w,ar for the subjuga
tion of another people?' You accepted
tho services of the Filipinos in con
quering the Spanish; you gavo them
arms and ammunition; you put them
in your trenches; you lot them fight
for you, bleed for you, dio for you;
you know thoy thought your object
to be tho independence of tho Philip
pine islands; why, when tho fleet of
your common enemy was sunk deep
in Manila bay, did you turn your guns
on your allies and substitute your own
for Spanish rule when they were
equally opposed to both?
"Why did you denounce as traitors
millions of people not born under your
jurisdiction and who had never vowed
you allegiance? How can the descend
ants of the American revolution pur
chase the bodies, tho country and the
allegiance of ten millions of unwill
ing people for twenty millions of dol
lars? If you had already got them
A STEALTHY GROWTH.
,,11 i ,m nn - , ... gni mutiiWlllnwa Mrftrimn n. mummm,,
1 2
"Say, Mistor, I don't like tho looks of that dog o' yourn
and I don't want him on the place."
"Oh, that's all rightl He's harmless and I ain't going to
keep him any way."
"I see you've got that ornery purp yet Whon are yon
going to get rid of him?"
"Oh, he wouldn't hurt anybody, but ain't much accoun
so I'm not going to keep him longer.
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"Hello! There's that measley cur again. Thought you
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Club
Ttni
?1.00 1 uj rignt oi conquest, way u.u you puy
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Why did you not treat the Filipinos
as you treated the Cubans?"
This, is a strong presentation of the
Philippines issue from a moral and
sentimental standpoint and will-appeal
most strongly to those who be-
Hfvft fhn.fr nnflnnn Mra inrilviriimlR
J. UO I .-W MMVtVUWJ . UhM,
i!oo J should have a code of morals, in which
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-1'85 justice, honor and fair play const!
tuto a rule of conduct, and in which
avarice and oppression are not justi
fied under the brutal dictum, "might
makes right."
But the imperialists have been ap
pealed to in the name of our sacred
honor and glorious traditions inces
santly, but all in vain.
However, those who could not be
reached by appeals to the higher and
nobler sentiments of national honor
have in tho light of sober second
thought begun to figure on the money
that is in our colonial policy, and
here is the table which shows tho
profits we realize in return for an ad
venture that has set a blister upon the
fair forehead of American liberty:
Capital sunk in acquiring
possession $420,000,000
Present annual cost of oc
cupation 37,000,000
Total annual trade with
United States 15,000,000
Net annual balance of
trade against the United
States 8,000,000
As a contemporary suggests: "Only
a short sum in arithmetic la needed
to show that if the total value of our
profit it would not pay 1 per cent on
our capital already sunk, . nor one
eighth part of the yearly cost of occupation."
How long will it be before the pa
triotism and sound common sense
the American people will be aroused
to the point of repudiating a miser
able business that is a taint upon
our honor, an endless strain upon our
public purse and an intolerable op
pression upon a people who had the
right to expect from us better things?
Memphis (Tenn.) Morning News.
exports to the islands were all clear man who has for years been engaged
Cummins on the Currency.
Governor Cummins made a speech
before the Bankers' association at
Davenport the other" day in which he,
made some remarkable confessions.
He declared that the "present sys
tem of furnishing a currency with
which, to do a business already vast
and -onstantly growing is inadequate
is beyond controversy. . . . You know
and I know that a reform in tho laws
touching currency is one of the things
so necessary that the tortured body of
business attests it in tle agony of its
movements."
The governor don't advocate any
particular policy for relieving the
"tortured body of business," but in a
very timid way speaks of the Fowler
bill or one of similar scope.
It appears very remarkable that a J (la.) Morning American.
with his party in overthrowing tho
constitutional policy of the govern
ment and building upon, its ruins a
bank system of currency especially de
signed to give to corporations the fall
control of the issuance and regula
tion of the currency has only, after
all these years of speculation and le
galized robbery of the people, just
discovered that the system is "inade
quate." Such talk as this will disturb "con
fidence" and the governor don't ap
pear to realize that our financial sys
tem is a "confidence" game through
out The gold basis is a delusion and a
fraud and nobody knows it better than
Governor Cummins.
The whole fabric is based on govern
ment bonds and bank credit, and tno
scheme now is to extend and expand
i his bank credit by making corpora
tion stocks and bonds a bank asset
on which they can issue more promis
sory notes to draw interest from a
l.eople who are compolled to borrow
tuem from tho banks to do business
on.
No currency based on such a policy
is sound or sensible. No ourrency that
is owned and controlled by corpora
tions is a sound or a safe cunency,
only to the extent that tho govern
ment backs it. If the government
must back it. then the government
should issue and control it, not in the
Interests of the banks, but in the in
terests of the whole people. Creston
W
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