vXaWi jv-.;
PjNPWBMW1 v
U
2
The Commoner.
MMHMMMMbMM
tr
j.
1
t
w.
l'J V,
monea again whn tho note ar rtoncd 1 ib
bondu ar again IhJ. , , ...
4. All future lue of United St; bonds shall
be In denomination of JIM ami multiple tbroC
nnd Allotted at pur to the mlol vmcrtben rt.
Thtfc ar the eentll felttr of the plan.
The details ran b- worked! out ac a matter of
legislation and administration.
All future nalrn of bonds at par to the smallest
AtibscrlbtTR first will overcome the xlilnK H
oou raiment to amall bidder , who are puzxled by
the fractional premium that may b neceaaary to
Horure thfm and consequently do not bid at all.
This method of issiw and allotment will establish
u direct markM for the bonds with the people and
remove the government from the hands of syndi
cates. Undoubtedly largo financial institutions can
apply for small allotments In the names of em
ployes, but in view of the sixe of the bond issues
this process of acquiring large block of bonds
will not seriously deprive the general public of
the chance to et them.
Ko Kovernment ran Issue and sell bonds unless
somebody makes u profit from the purchase. It
is In ever way desirable that this profit should
be made by the general public, instead of being
divided between the government and syndicates
ua at present.
The nation would derive more permanent benefit
by having the general public make the profit and
placing Its bonds directly In their hands than by
getting a trifling profit by selling the bonds at a
premium under the present system which makes
the national banks practically the only market for
United States bonds.
"MOSSES AND JJ2ADEKS"
In one of his Massachusetts speeches Mr.
Roosevelt said: "Mr. Taft says that his sup
porters aro not bosses, but patriotic leaders. Is
Mr. Lorimer a patriotic leader? Is Mr. Patrick
Calhoun of California, the man whom Francis
Hcney indicted, a patriotic leader? Are Messrs.
Guggenheim and Evans of Colorado patriotic
leaders? Is Mr. Penrose of Pennsylvania a
patriotic leader? Does Mr. Taft mean that
Messrs. Gallinger, Aldrich and Cannon are
patriotic leaders and not bosses? Does Mr. Taft
mean that Mr. Cox of Ohio is a patriotic leader?
"I don't care a rap for the terminology of the
matter. I care for the fact. If it is any com
fort to Mr. Taft to call Messrs. Lorimer, Cox,
Penrose, Guggenheim, Calhoun, Gallinger and
flie rest patriotic leaders, instead of bosses, let
him do so, but I earnestly hope that the plain
people will vote against that peculiar typo of
patriotic leader; and, mind you, if these particu
lar patriotic leaders were not behind Mr. Taft,
Mr. Taft would have no chance of carrying one
state in twenty throughout this union."
Without desiring to seem too critical, one
can not help remarking that in 1fl08 all of these
gentlemen named by Mr. Roosevelt were sup
porting Mr. Taft. Mr. Roosevelt knew it. They
were also behind Mr. Roosevelt himself in 1904,
as they were behind the national ticket upon
which ho ran in 1300. There was no difference
then between Messrs. Taft and Roosevelt. These
gentlemen were all 'patriotic leaders."
PROGRESSIVE VS. REACTIONARY
Froudo, the historian, thus distinguishes be
tween the progressive and the reactionary:
"Two kids of men appear as leaders in times
of change. On one side there are the men who
have no confidence in the people, who have no
passionato convictions, men who believe that all
wholesome reforms proceed downward from the
educated to the multitudes, who regard with
contempt, qualified by terror, appeals to the
popular conscience or to popular intelligence.
Opposite to these aro the men of faith, and
by faith l do not mean belief in dogmas but
belief in goodness, belief in justice, in righteous
ness. They aro not contented with looking for
what may be useful or pleasant to themselves:
they look by quite other methods for what is
honorable, for what is good, for what is lnRr
They believe that If they can'find out that, then
at all hazards and in spite of all present conse-
qU'wlt0n he?t,Ve; tlmt is t0 bG Preferred.
When the air is heavy with imposture and
men live only to make money and the kingdom
of man is.bought and sold, and all that is high
and puro In man is smothered in corruption fire
of ho same kind bursts out in higher iatarS
with a fierceness which can not be controlled
and, consent in truth and right, they ca 1 fear
lessly on the seven thousand of Israel who have
S? thom.Qd tU kDee t0 Baal t0 riSG BtETS
"They do not ask whether those whom thev
address have wide knowledge of history S
science cr philosophy; they ask rather that thev
shall bo uonost; that they shall be brave They
know well that conscience is no excention
privilege of the great or the cultivated- that to
A THRICE TOLD TALE
The New York Times of March 21, 1912, had
a Washington dispatch, dated March 30. It told
of a prospective meeting that was to take place
the next day between E. R. Bacon, vice presi
dent of the Baltimore and Ohio railroad and a
director of several other railroads, and Gover
nor Harmon. The next day the New York
World had a Washington dispatch, dated March
31st, telling of the meeting at the Arlington
where the Ohio governor lunched with the rail
way magnate.
The New York Herald a few days later an
nounced that the New York headquarters of
Governor Harmon promises to take on more
life. Here are three items that tell the same
story of plotting to capture a convention by
strength. Mr. Harmon has no delegates; he
is not making a campaign in more than three
or four states and yet here he is meeting with
the financiers and planning to capture a con
vention in spite of the voters. Was ever
audacity carried farther?
The World dispatch says that Mr. Bacon also
talked over the political situation with Mr.
Underwood Wall street's second choice.
GOOD FOR fJPIOER
Henry V. Spicer of Delaware, Ohio, candi
date for congress from the Eighth Ohio district,
has issued the following signed statement: "I
believe in a reduction of the tariff; in open
competition with the necessaries of life which
are trust controlled; in devoting more to indus
trial pursuits and happiness of the people and
less to war; in economy of government; in favor
of the people, instead of Wall street, taking the
initiative, in making laws, in naming represen
tatives and appointing judges; am opposed to
Aldrich 's proposed banking laws or any other
similar centralized banking scheme. I helievo
in the progressive principles of democracy as
enunciated by the national platform of 1908.
I believe party platforms should be a binding
contract between the officer and the people, un
less publicly repudiated before election. I am
in favor of publicity of campaign expenses be
fore election; in favor of conservation of
natural resources of the nation; if nominated
and elected, I shall consider I have done a good
service to my country, if I aid Wilson, Clark
and Bryan, to effectuate -these principles into
law."
A STRAW
Senator Bankhead complains that Mr. Bryan
is not sufficiently specific in showing that Wall
street is friendly to Mr. Underwood. Well, the
fact that Mr. Underwood selected Senator
Bankhead to manage his campaign is a straw
Senator Bankhead is one of the Lorimer demo
crats. That's enough.
It now looks as if the bitter personal fued
between the president and ex-president would
lead to the elimination of both in favoiof some
dark horse and ex-Vice President Fairbanks is
one of the likely ones. He ran with Roose
velt but would be acceptable to the conserva
The controversy between the president and
ex-president shows how awfully bad it is for
hem to do against each other what they used
to do against the democrats. y da
President Taft and Governor Harmon iiv
DEMOCRATIC DATES
herdTslTlows?rimarieS ? mentions will be
May 14 California primaries.
y Michigan convention.
May IfiIowa state convention.
May 21 Ohio primaries.
May 28 Primaries for New Jersey
May 29 Montana convention
j una 4 Primaries for South Dakota,
:iriau
' iij
VOLUME 12, NUMBER i8
ANOTHER DEMOCRATIC REFORM
Following is a United Press dispatch- wi,
ington, May 3.- Early consideration of resolii
tions in the senate and house declaring for Ri
year terms for presidents and prohibiting rl'
election, was predicted today by Senator Works
author of the senate measure. '
"I have long favored making the president
ineligible for re-election," said Senator Cum
mins today.
"I believe there will be no opposition to the
resolution except from some ardent Roosevelt
supporters," Senator O'Gorman, of New York
predicted, '
Senator Johnson, of Maine, and Senator Clapp
of Minnesota, not only favored the resolutions
but advocated limiting a presidential term to
four years instead of six.
Senator Bourne of Oregon, progressive, and
Senator Bristow, of Kansas, are against the
resolutions. They insist presidents should bo
given two terms.
Representative Clayton, chairman of the
house judiciary committee, is father of the
"six-year no-re-election" resolution in the house
He predicts its passage, by the house next week
the concurrence of the senate and ratification
of the states.
HA2RMONY
Concerning Mr. Roosevelt, Mr. Taft says:
He wilfully misrepresented me and distorted
my public utterances.
He has failed to live up to his policy of a
square deal.
He has violated a solemn promise to the
American people not "to be a candidate for a
third term.
He is paving the way to be chief executive as
many times as his natural life -will permit.
One who so lightly regards principles should
not be entrusted with successive presidential
terms.
Concerning Mr. Taft, Mr. Roosevelt says:
The president has not given the people a
square deal.
Hip statement regarding officeholders in cam
paign is an absurd untruth.
He convicted himself of Insincerity when he
signed the Payne-Aldrich "tariff bill.
One part of his attack on me was the crook
edest kind of a deal.
When he said I minimized my Columbus
speech, he said what he knew to be untrue.
The assaults of Mr. Taft's managers on me
have been foul to the verge of indecency.
A BEAUTIFUL TRD3UTE
Dr. M. Ash by Jones, speaking at Augusta,
ua., paid this beautiful tribute to Major Butt:
"One name tonight throbs in our thoughts
with the blended beauty of pain and pride. It
sings itself in our hearts with the mixed melody
of pathos and praise. Archibald Butt could
have been born in the age of chivalry, a plumed
helmet would have become him, and the lance
of lists would have felt familiar to his fingers,
we had become familiar to the American people
as the embodiment of their gracious courtesy to
their president. He interpreted for us the graci
ous care which an untrained public could not
express for their ruler, but one who is known
tor his charm of manner and his felicity of
Phrase will find it hard to measure bin manhood
to the meaning of his words and harmonize his
emni8 t?10 grace of his manner. Many men
smjied at the name of Archie Butt, and thought
". aJLone on dress parade. But on the deck
en tne Titanic last Sunday night a maddened
wietch rushing td safety through the waiting
S,n ,?m,e,n felt the Btel beneath the kid
fS i rcll ! Butt an(1 tlle aero stepped from
oetiind the disguise of the courtier, and with
r,,wL?am! grai5Tious carm that he ushered the
guests at a White house reception, he handed
m, yJn& "SH'eboat. He knew well the eti
quet of the White house, and could discrimi
El between the social rights of guests of
S l e ?lso knew tno etiquet of God's sea
Jfi Bky and the demand of God's great judg
ment scene, so that the same charm of manner,
mo ??i gracious courtesy cared for the wo
n i e xsteeraee and tenderly placed them
with wm?1? of Bafety' Ty saw him last
bim Ei i ,,edf a Bmile uPn ns face, and heard
frSn , .adIeu from the dek of death. But
ill p "deck, he stepped into the presence of
w 2,i x? made him' and think it must have
J,!," ,,th the same smile upon his lips, and the
m2 ih eT?PSunt courtesy.of obeisance that he
met Abo Father of ua all."
ii .. . i.i. i . . . -.
, Ml
. t i- , y-
i
, - ' -' f '? -k U t it ' .
-m ' Sift i
