w ,'-'-!( ' "$fT'-w,"W"cn-,-'-" The Commoner. WILLIAM J. BRYAN, EDITOR AND PROPRIETOR i J ,1. ! T - "T VOL. 10, NO. 27 Lincoln, Nebraska, July 15, 1910 Whole Number 495 Postal Savings Banks Tho republican administration has kept 1U pledge and established a postal savings bank. The bill is faulty in some respects and certain provisions are fraught with danger, but it could hardly be expected that the party now in power would frame a bill entirely for the benefit of the masses. Whenever it attempts a' reform It is apt to mix in so much that is for the benefit of the financiers as to reduce very much the value of the reform. But the postal savings bank is established, and the principle embodied in it is an important one. The republicaa party confesses that after sixty years of power only broken at rare intervals it has given us a sys tem of banks that are insecure. The only ex cuse for a postal savings bank is the need of security. The national banks are not secure enough, and the republican party saw no way of making them sufficiently secure, so it did the next best thing, it embarked the govern ment upon the banking business. The demo cratic party asked for the guaranty of deposits first and for the postal savings bank as an alter- ' native in case the guaranty bank could not be secured. The bankers opposed both plans but were not able to overcome the tremendous sen timent in favor of greater security. The banks ought to learn something from the establish ment of the postal savings bank. They ought to know by this, time that as the postal savings bank oamo into existence because of the un willingness of the banks to protect their de positors, so it will continue to grow unless the ""banks-adopt pome -method of securing the de positor against possible loss. The democrats should rejoice at the estab lishment of a postal savings bank, first, because it increases the security of depositors, and sec ond because it can be used as an object lesson to convince bankers that something must be done for the protection of ordinary depositors. We should now go ahead and correct the faults of the postal savings bank law. We should limit the very large discretion given to those in charge, a discretion which may be used for the consolidation of the deposits in great cen ters, and we must insist upon the enlargement of the scope of the law to meet needs that have not yet been sufficiently considered. Trust funds, for instance, should be given access to the-postal savings bank. The executor, admin istrator or legal trustee who holds funds in trust should be permitted to use the postal sav ings bank for the protection of his ward. The small merchant should be given a chance to pro tect his bank account, and there is no reason why so low a limit should be placed upon the amount that the individual can deposit. The law does not go far enough. Let us rejoice at the advance thus made and go forward to give the law a larger usefulness. CONTENTS POSTAL SAVINGS BANKS THE NEBRASKA BATTLE DEFEAT IN OHIO EMBEZZLEMENT OF POWER "CATCH-MY-PAL" A TREMENDOUS NICKNAME IF THE PEOPLE RULE, WHY DON'T THEY GET WHAT THEY WANT? CHOOSING A SENATOR CURRENT TOPICS "GLAD TIDINGS OF GREAT JOY," BY CHAMP CLARK HOME DEPARTMENT WHETHER COMMON OR NOT LETTERS FROM THE PEOPLE NEWS OF THE WEEK WASHINGTON NEWS DEFEAT IN OHIO Some of the corporation papers in Ohio are rejoicing over what they call Mr. Bryan's de feat. The turning down of the resolution in favor of nominating a senator was not a defeat for Mr. Bryan; It was -simply an exposure of the corporation tendencies of somo of the demo crats in Ohio, and exposuro of tho inconsisten cies of still others. Mr. Bryan can afford to bo turned down by any state convention that cares to go on record as tho Ohio convention did. Ho has been turned down many times before and there aro probably many such turn downs in store for him yet, but ho still believes that the democrats of Ohio could 'make a better fight facing tho enemy than In running from the enemy, and Mr. Bryan believes that as long as tho democratic party haB men like John R. McLean aspiring to the senate it can not afford to leave tho voters In doubt as to whom the sen atorial candidate Is to be in case of victory. Governor Harmon may have satisfactory rea sons for throwing his influence on the side of those who are opposed to nominating a senator, but if so he has not yet made them public. Pos sibly he thought that the nomination for senator might have lessened his chance of election, and his election may be so important at this timo that Ohio can afford to throw away the chance of electing a democratic senator. That is a question for tho democrats of Ohio. But Mr. Bryan finds some consolation in the fact that tho fight brought out a brave man, as it did in tho case of Mr. Baker, and it is worth a fight to discover a brave man. Ho finds some consola tion also in the fact that thoro were about two hundred and fifty unterrifled democrats who stood up and voted for the nomination of a senator in splto of the administration, the brew eries and other corporations that do their work in the dark. May the tribe of the faithful increase! THE GOSPEL OF WORK Nothing strikes the foreigner more forcibly In traveling through our country than the fact that everybody is at work. There is no leisure class here as there is in most countries, and there Is very little of the sentiment so power ful in most countries that puts an odium upon the man who works with his hands. The stu dents who come from South America to tho United States take back this lesson, and it is one of the most important ones they can carry. The American youth feels it no disgrace to work his way through college, in fact, most of them realize beforo they get through that there is a real advantage in being thrown upon their own resources and made to understand the value of money as well as time. There is a' value in work aside from the profit derived from It. It gives a spirit of independence and a conscious ness of service, and both of these are necessary to the highest achievements. NOT A "PERSONAL VICTORY" Tho Omaha World-Herald, in an editorial re ferring to the Lancaster county, Nebraska, dem ocratic convention, says that tho adoption by that convention of a county option plank was due to "an eloquent and rather pathetic appeal to his personal frlendB and neighbors," mado by Mr. Bryan. This statement is as true as some of the other statements made by tho World-Herald upon subjects relating to tho liquor question. The fact Is, that the county option plank was the test In every precinct in Lancaster county and the newspapers announced on the follow ing morning and before the convention had been held, and beforo Mr. Bryan had made his "elo quent and rather pathetic appeal," that county option had won. The will of the democratic voters thus ex pressed at the primaries was registered in the convention in favor of county option by a vote of 134 to 30. Many friends of the World-Herald are at a loss to understand the habitual inaccuracy of that newspaper in matters affecting the liquor trust. The Nebraska Battle Oa Tuesday, July 5, Mr. Bryan gave to the nowspapors the following statement: I find upon my return to Nebraska, aftor am absence of nearly six weeks, that Governor Shallonborgor has announcod that ho will not call a special session of the legislature, ovon If given written assuranco that tho initiative and referendum resolution would pass both houses. Wo had secured tho pledges of slxty nlno members of tho house, nino more than 'the necessary sixty; wo had secured tho pledges of nineteen senators, and tho proraiso of throe more that they would support tho resolution if aBkod to do so by a majority of their constit uents, and wo were ready to circulate tho peti tions in these threo districts, with reasonable probability of success. Two additional sena tors, who voted for tho resolution in tho regular session, declined to say how th6y would vote at a special session, although they declared themselves in favor of tho initiative and refer endum. The pledges actually secured, coming as they did from a majority of tho democrats in both houses, from a majority of tho total membership of both houses, from nearly seven-tenths of tho house and from almost three-fifths of the sen ate these, together with the promise of tho threo senators to obey the wishes of thoir con stituents, as those wishes might bo expressed by potltions, would, In my Judgment, have Justified the governor in calling a special sos sion at once; surely this showing would have justified him In waiting for tho petitions to bo circulated in tho threo districts. But tho au thority to call a special session is vested In tho governor and in him alone and, since upon tho advice of those upon whoso judgment ho re lies, he has determined not to call the special session or even to hold tho matter open longer, the special session plan must be abandoned. I am grateful to tho senators and members who announced their willingness to vote for the in itiative and referendum, and feel sure that they will bo indorsed by their constituents. I am gratified, too, that a majority of tho democratic members of tho senate and house stand ready to vote for the Initiative and referendum, and thus not only give effect to a thoroughly demo cratic principle but comply with the demands of tho democratic platform adopted last year; The defeat of tho special session plan is a disappointment. In tho statement given out when Inquiries were sent to tho legislators I stated that the submission of the initiative and referendum amendment besides securing a great advantage to the state would, to a large extent, eliminate county option as a party issue, and enable us to conduct our campaign along na tional lines. Some of the more partisan repub licans accused mo of trying to secure an ad vantage for the democratic party an accusa tion which amounted to tho confession that, tho republicans were not prepared to defend tho national policies of their party; but fair-minded men In both parties recognized tho propriety of making the fight on national Issues without asking which party would derive most advantage from It. We havo six congressmen to elect and one United States senator and these ought to be elected on national Issues, but the gov ernor's refusal to call the special session will make It difficult, if not Impossible, to give to national issues a paramount place In tho cam paign. If I had had tho hearty co-operation""? of tho two democratic candidates for governor. Governor Shallenberger and Mayor Dahlman, and the support of the World-Herald, tho prop erty of Congressman Hitchcock, one of tho can didates for the United States senate, the special session would havo been called before this, tho initiative and referendum would have been sub mitted, and we would bo ready to challenge the republicans to defend their national meas ures. Now, however, wo must address our selves to tho liquor question there is no escape 5 , '. .'" h. i hi !;,i i 1 l M 1:3 m 'A i fl V i't Ai't n (V- ft ! ft - i u 'll .U m i- i v. m ' i1itiiiliM'4'wfe'-"'-'J'"wbJI-v -"t-pfefc .SSjJ!i!lL..lll2 2ZL-MdL