j m -
AUGUST 7, 1908'
The Commoner.
15
Is This An "Attack Upon The Courts?"
"There is absolutely no question of the guilt of the defendants or of the exceptionally grave
character of the offense. The president would regard it as a gross miscarriage of justice if
through any technicalities of any hind the defendant escaped the punishment which would have
unquestionably been meted out to any weaker defendant who had been guilty of such offense.
The president will do everything in his power to avert or prevent such miscarriage of justice. '
President Roosevelt's July 23 statement relating to Judge Grosscup's Standard Oil decision.
entered and an order issues, and
then if the decree involves the de
fendant's doing anything or riot do
ing anything and he disobeys it the
plaintiff who has pursued his rem
edies in lawful course for years
must, to secure his rights, undergo
the uncertainties and the delays of
a jury trial before he can enjoy that
which is his right "by the decision
of the highest court in the land.
"I say without hesitation that
mi oh a chance will greatly impair
the Indispensable power and author
ity of the courts. Securing to the
public the benefits of tlie new stat
utes enacted in the present admin
istration, the ultimate instrumen
tality, to be resorted to is the -courts
of the United States. If now their
authority is to be weakened in a
manner never known in the history
of the jurisprudence of England or
America, except in the constitution
of Oklahoma, how can we expect
that such statutes will have efficient
enforcement?
"Those who advocate this inter
vention of a. jury in such ases seem
to suppose that this change in some
way will inure only to the benefit
of the poor workingman. As a mat
ter of fact, the person -who will
secure chief advantage from it is
the' wealthy and unscrupulous, de
. fendant, able .to employ astute and
cunning counsel and anxious to
avoid justice. , '
"I have been, willing in order to
avoid a popular but unfounded im
pression that a j-udge, in punishing
for contempt of his own order, may J
be affected by personal ieenng 10
approve a law which should enable
the contemnor upon his application
Tin nnnther iudce sit to hear
" the charge of contempt, but this,
with so many juages as meiu "
available in the federal court, would
not constitute a delay in the en
forcement of the process. The char
. acter and efficiency of the trial
would be the same. It is the nature
and the delay of a jury trial in such
cases that those who would wish to
defy the order of the court would
rely upon atf a reason for doing so.
"The administration, of justice
lies at the foundation of govern
ment. The maintenance of the au
thority of the courts is essential un
less we are prepared to embrace anarchy.-
Never in the history of the
country has there been Buch an in
sidious attack upon the judicial sys
tem as the proposal to interject a
criticism contained In the democratic
platform that under the system the
money gathered in the country will
bo deposited in Wall Street banks.
The system of postal savings banks
has been tried in so many countries
successfully that it can not be re
garded longer as a new and untried
experiment.
NO GUARANTEED DEPOSITS
t 4-tI f kl-r "r"w nil 4Wsf -C H-
JU1J tiJUt UOUVYCCU till U1UUO Ul "
court made after full hearing and 1 'The democratic platform recom-
Vi nnfMnnmanf rf annti nrrlora l33"lfinilR Jl IflV lltinn nfifioriol hnnlra
the enforcement of such orders.
THE CURRENCY SYSTEM
Can't Do It
Heart affections will not get well of
themselves: neither do they remain in
actiSc If the cause is not removed,
they continue to grow in number and
8eTheyyare the outgrowth of exhausted
nerve force, and the heart can not stop
to-rest as do the other organs, and
must continue to struggle until cora
SSely disabled, an'd-that's the end
On the very nW Indications of heart
trouble you ciin stop all progress and.
effect a cure by the use of
Dr. Miles' Heart Cure
tvio most effective heart remedy known..
the nerves a.u "4vv -,, ": v
and restores it w p";V V:
"The late panic disclosed a lack
of elasticity in our financial system.
This has been provisionally met by
an act of the present congress per
mitting the issue of additional emer
gency bank notes, and insuring their
withdrawal when the emergency has;
passed by a high rate of taxation.
It is drawn in conformity with the
present system of bank note cur
rency, but varies from it in certain
respects by authorizing the use of
commercial paper and bonds of good
credit, "as well as United States
bonds, as security for its redemp
tion. "It is expressly but a temporary
measure and contains a provision for
the appointment of a currency com
mission to devise and recommend a
new and reformed system of cur
rency. This inadequacy of our pres
ent currency system, due to changed
conditions and enormous expansion
is generally recognized., The repub
lican platform well states that wo
must have a 'more -elastic and adapt
able system to meet the require
ments of agriculturists, manufactur
ers, merchants, and business men
generally, that will be automatic in
operation, recognizing the fluctua
tions in interest rates,' in which
everj' dollar shall be as good as gold,
and which shall prevent rather than
aid financial stringency in bringing
on a panic.
POSTAL SAVINGS BANKS
"In addition to this, the republi
can platform recommends the adop
tion of a postal savings bank sys
tem in which, of course, the govern
ment would become responsible to
the depositors for the payment of
principal and interest. It is thought
that the government guaranty will
bring out of hoarding places much.
money which may oe turned inu
wealth producing capital, and that
it will be a great incentive for thrift
in the many small places in tne
country having now no savings bank
facilities which are reached by the
postofflce department. , It will bring
to every one, however remote from
financial centers, a place of perfect
safety for deposits, with interest re
turn. ... . '
"The bill now pending in con
siends a tax upon national banks
and upon such state banks as may
come 4n, In the nature of enforced
Insurance to raise a guaranty fund
to pay the depositors of any bank
which fallB. How state banks can
be included in such a scheme under
the constitution Is left In the twilight
zone of state rights and federalism
so frequently dimming the meaning
and purpose of the promises of the
platform. If they come In under
such a system they must necessarily
he brought within the closest na
tional control, and so they must
really ceaBe to be state banks and
become national banks.
"The proposition is to trx the
honest and prudent banker to make
up for the dishonesty and Impru
dence of others. No' -one can fore-
seo the burden which under thlH
system would bo imposed upon the
sound and conservative bankers of
the country by this olligatlon to
make good the losses caused by the
reckless, speculative, and dishonest
men who would be enabled to secure
deposits under such a system on the
faith of the proposed insurance; as
in Its present shape the proposal
would remove all safeguards against
recklessness in banking, and the
chief and in the end probably the
only benefit would accrue to the
speculator, who would be delighted
to enter the banking business when
It was certain that ho could enjoy
any profit that would accrue, while
the risk would have to be assumed
by his honest and hard-working fel
low. "In short, the proposal Is wholly
Impracticable unless It Is to bo ac
companied by a complete revolu
tion In our banking system, with a
supervision so closo as practically
to create a government bank.. If the
proposal were adopted exactly as the
democratic platform suggests, it
would bring the whole banking sys
tem of the country down in ruin, and
this proposal is itself an excellent
Illustration of the fitness for na-
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Address The Commoner, Lincoln, Neb.
SkYngU.oHoar euro anJNorv.no
I Commoner Condensed Volume VII I
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Address,' THE COMMONER, Lincoln, Nebraska.
I
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