P8PyfN(PWjWi's jjft-i
The Commoner
.VOLUME 5, NUMBER 28
16
r
dono tho aerial story would be spoiled.
The tale would not Impress the pub
lic so much as It does when It ap
pears artistically la parts; with a
curiosity provoking "more anon" at
tho end of each. There would have
been a dearth of stirring literature
during the dull summer months if the
revelations about tho Equitable had
come out in a gush Instead of flowing
forth in a steady, regular stream.
Chicago Tribune.
"DEPEW TO THE BAR!"
Nothing more is needed to bring
Chauncey M. Depew, senator of the
United States, before the bar of crim
inal justice, charged with a peniten
tiary offense, than that an alert and
determined district attorney should
present to a grand jury the senator's
own testimony in the investigation of J
tho Equitable society.
Depew's yearly salary of $20,000 for
undefined legal services is trivial in
the great volume of graft. His ready
acceptance of $25 for each directors'
meeting, whether ho attended it or
not, was shared by the other solf-
' sacrificing financiers working for the
dear policyholders.
But the senator's description of the
part played by him in foisting upon
,the insurance company the property
of tho now bankrupt Depew Improve-
, ment company is enough by itself to
call the attention of tho district at-
4 torney to his actions.
He was a director of the Equitable.
He was also heavily interested in the
Improvement company partly, by di-
reut purunuau, paruy oy loans muue
to his associates on their stock .
The improvement company was 'em
barrassed in 1901. At that- time the
insurance department ot the state ap
praised Us value at $150,000. Mr.
Depe'w, acting in that "general capac
ity" which ho thinks justifies his an
nual retainer of $20,000, wrote to the
department asking a new and higher
appraisal.
Tho reason for this request wa
quickly made apparent. Tho Depew
Improvement company appeared be
fore the Equitable, asking a loan of
$250,000. A complaisant appraiser In
the employ of the company, recogniz
ing on which side his bread was put
tered, appraised tho property at
$393,750.
Tho loan was made. Senator-Dl-rector-Borrower
Depew voted that tho
loan should bo made to his company.
Moreover, he agreed to guarantee the
loan to the society. When the com
pany went bankrupt he repudiated
his guarantee.
The company did go bankrupt. Tho
Equitable foreclosed and the Depew
property on which Depew had loaned
$250,000 of the society's funds brought
$50,000. The actual loss to the society
is still greater, for the loan, with
accrued interest, now represents over
$275,000.
By letting Depew deal with Depew
in this friendly fashion the society
lost $225,000. Who got it?
To recapitulate:
Depew as Equitable .director voted
to lend Depew as borrower $250,000
on property officially appraised at
$150,000.
Depew as borrower guaranteed the
loan and as borrower and director
repudiated the guarantee.
Tho society lost $225,000 by the
transaction.
United States senators from Oregon
and Kansas are now under conviction
of misdemeanors which are trivial in
comparison to this colossal offense of
Depew's. Is the state of New York
going to let this juggle with the
moneys of windows and orphans go
scot free? New York American.
European travels, Lectures, Speeches
By William J. Bryan
A New Book
Entitled
Under Other Flags
This book la a compilation of Mr. Bryan's reports, describing his Euro
pean tour and a number of his most popular loctures. His European letters
aro fourteen in number, descriptive of the tariff rebate in England, Ireland
and Pier Leaders, Franco and Her People, Tho Switzerland Republic, Ger
many and Socialism, Russia and Her Czar, "Tolstoy, the Apostle of Love,"
toijothor with other and equally Interesting accounts of Mr. Bryan's trip
abroad.
Tho Thanksgiving Day Address delivered by Mr. Bryan at tho banquet
given by tho American Society of London, Nov. 26, 1903, is printed in full.
Tho lettors from Cuba, written by Mr. Bryan, aro reproduced in this volume.
Tho address ontltled "Patriotism" delivered by Mr. Bryan at tho banquet
given by tho Cuban veterans to Governor General Wood is herein reproduced.
Mr. Bryan's articles describing his first visit to Mexico also appears in
"Under Other Flags." An article writton by Mr. Bryan describing his sec
ond visit to Mexico is another feature of this volume
"A Conquering Nation" is the title of a lecture delivered by Mr. Bryan
at a number of chautauquas, and that lecture appears in full in "Under Other
Flags." Othor articles aro as follows: "The Attractions of Farming;" an
address ontltled "Peace," which address was delivered by Mr. Bryan before
tho Holland Society in Now York City, in January, 1904; Mr. Bryan's re
sponse to tho committee appointed to notify him of his nomination to tho presi
dency, and which response was entitled "Imperialism," and was delivered at
Tndianapolis, August 8, 1900; Mr. Bryan's speech at tho St. Louis Conven
tion in seconding Senator Cockrell's nomination, which speech was entitled "I
Have Kept tho Faith."
An extract from a speech delivered by Mr. Bryan in Denver, January 17
1899, which speech was entitled "Naboth's Vineyard," also appears in this
volume.
All of Mr. Bryan's most popular lecturos appear in "Under Other Flags."
One of these lectures is entitled "Democracy's Appeal to Culture," and was
delivered bofore tho Aiumnt Association of Syracuse University, in New York
City, January 27, 1905. Another is tho well known lecturo entitled "Tho
Value of an Ideal."
"Under Other Flags" is well printed on good paper, and substantially
bound. Tho sale of this volume has been very gratifying.
Although tho first edition appeared In December, tho fifth edition is now
ea,a:!Lfo? delivery. Tho volume of sales Increases from day to day. Agents
find the book an easy seller and order them in lots of from 25 to 100.
"THE CONGO FREE STATE"
Henry Wellington Wack has recent
ly published through G. P. Putnam &
Sons, Now York, "The Story of the
Congo Freo State," treating of the so
cial, political and economic aspect of
the 'Belgian system of government in
Central Africa. The book has over
600 pages, and contains 125 illustra
tions and maps. It is an exceedingly
interesting history of the development
of the Congo Free State, with statis
tics as to Its" size, wealth, reaonr-..
etc. The net price of the uX
$3.50, and can be obtained fromV!
publishers. rom tt
MR. MAUPIN'S SPEECH
Mr. Maupin's Fourth of July speech.
published in The Commoner filled tfi
bill exactly in our opinion. He pre
sented a rational patriotism in hla
own happy and telling way. York
(Nebr.) Democrat.
YWYYY VV--VRHPRH Y - T
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This nanp.r Li n, hrlnrht. p.Irjitv np.witir. un.fw1n.f cJ-rtnnn.rnir mnairiv tny nn-
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The following are a few of the strong features of the paper, and each department Is
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!- Domestic": "Poultry"; "Live Stock Sales"; "Market Reports"; "Woman's Kingdom:"
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