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The Commoner.
MAY 9, 1913
Its threat, and it is now trying to work th3
undoing of the democratic party.
"No one, of course, desires the Injury of any
legitimate industry, and no one Is planning for
the destruction of any honest business, but all
men who have a trub regard for the welfare
of the country, in which the welfare of 'big
business' is involved with the rest, insist that
there shall be a more equal distribution of op
portunity." In Mr. Bryan's opinion, there will be many
questions for the settlement of congress. Ho
makes no recommendations, because recom
mendations to congress are no part of his offi
cial duties, but as a worker in the ranks ho
thinks that there will be and ought to be fur
ther legislation against the trusts. In his opin
ion, the Sherman ani-trust law does not meet
the necessities of the case, and ho has no doubt
that It will be strengthened as the platform de
mands, so that It will provide an easier and more
effective way of reaching the great combinations
that have dominated the industries of the coun
try. Mr. Bryan Is in perfect health, is working
harder than he has worked for years, has estab
lished very pleasant relations with all the diplo
matic representatives at Washington, Is keep
ing his temper in Bpite of many provocations to
wrath, and wherever he goes is greeted by both
those who have idolized him and by those who
have been opposed to him in his political under
takings with genuine enthusiasm. Ho has not
quite committed himself to the definition of
democracy made by an eminent Virginian, who
declared in a notable speech at the University
of Virginia that "democracy is the inherent right
of every man to vote as he pleases," but,
as was said of Castro when he was trying to
establish a tempbrary place of residence, "he
-is on his way." The party seems to have got
ten together. It is not Wilson, or Bryan, or Clark,
or Underwood, or Harmon, but the democratic
party. When the vote was taken in the demo
cratic caucuB yesterday on the question of free
wool the vote stood 190 for to 42 against.
The Chinese Republic Recognized
MR. BRYAN'S INTERVIEW
The Philadelphia Public Ledger prints the
following editorial: It is not usual for a sec
retary of state to outline his policies to the pub
lic or to take notice of insensate rumors rela
tive to the cordiality, or want of it, existing be
tween him and his chief; but Mr. Bryan has been
the subject of so many ridiculous stories to the
effect that the president was ignoring him and
his office and intimating that the foreign policy
of the nation was to be one of niggardly hesl
tance in protecting American interests abroad,
that it was altogether proper for him to take
the Washington correspondent of the Public
Ledger into his confidence and, through him, to
reassure the country in regard both to the
sympathetic unity of the president and his cabi
net on all matters of importance and the sobriety
o the foreign policy which will be pursued.
Mr. Bryan was not ignored in the matter of
the Chinese loan. He has found the president
"altogether fair," and he has never known a
man with "a more open mind nor one who tried
more sincerely to get at 'the meat of any ques
tion." Mr. Bryan never attempted to dictate
the composition of the cabinet. Instead of be
ing opposed to Mr. McAdoo, he regards the sec
retary of the treasury "as one of the most com
petent and trustworthy men in the cabinet, a
man of conspicuous ability, of high integrity, a
progressive of progressives."
Mr. Bryan has not assumed the premiership
with the idea of a short 'tenure of his office. On
the contrary, he has taken a house in Washing
ton and will stay there, performing the duties
of his office "until the end of my present com
mission." He likes the work to which he has
been assigned, which exposes the hollowness of
the tale that he wished to be secretary of the
treasury, aud he has "no other wish or pur
pose than to be of the largest possible service
to the president in working out the difficult
problems of his administration."
The foreign policy of the nation will be an
application of the Golden Rule, granting to all
other nations their just dues and demanding of
them what in justice they should give. It is
not a mollycoddle programme that is proposed,
but a programme which has inherent virility
because of its Openness and honesty.
It is unfortunate that at this early date
rumors of disaffection and disloyalty in the
cabinet should have been circulated, but the dis
creet, yet frank, utterance of the secretary of
state should definitely put an end to them and
be effective in strengthening the confidence of
the country in the moral integrity and discipline
of the administration.
The Chinese republic has been formally
recognized by the United States. Following Is
a United Press dispatch: Chargo Williams at
Pekin cabled that ho had delivered the formal
recognition, as ho was authorized to do upon
complete organization of tho now government.
This government's action has created a most
interesting situation and brings to a point the
intentions of tho five other powers, parties to
tho six power loan nogotiationsr from which the
United States recently withdrew, announcing its
purpose to recognize China and urging the
others to do tho same. It is known that some
of them, at least, required more than a mere
organization of a national legislature, between
which and the provisional executive serious fric
tion has developed.
On the other hand, the recent action of Yuan
Shi Kai, concluding a loan for $125,000,000
with the five power group, is expected to provo
a powerful influence to the governments to
support Yuan Shi Kai, joining in tho recognition
of China by the United States.
Tho formal recognition by the United States
was extended when Charge Williams delivered
to President Yuan Shi Kai the following message
from President Wilson:
"The government and people of tho Unltod
States, having recently testified their sympathy
with the people of China upon their assump
tion of the attributes and powers of self-government,
deem it opportune at this time, when
the representative national assembly has met
to discharge the high duty of setting the seal -of
full accomplishment upon the aspirations of tho
Chinese people, that I extend In the name of
my government and my countrymen, a greet
ing of welcome to the new China thus entering
into tho family of nations.
"In taking this stop I entertain tho confident
hopo and expectation that tho Chinese nation
will attain tho highest degree of development and
well being nnd that under tho now rule all estab
lished obligations of China which pass to tho
provisional governor will in turn, pass to and
bo served by tho government established by tho
assembly."
President Yuan Shi Kal's response was as
follows:
"In the name of tho republic pf China, I thank
you most heartily for tho message of recogni
tion you have sent mo through tho honorod
representative In this nation.
"The expression of greeting and wolcorno
which It convoys at once testifies to tho Ameri
can spirit of mutual helpfulness and addB a
brilliant page to tho history of seventy years
of uninterrupted friendly intercourse between
China and tho United States.
"Though unfamiliar with the republican
form of government, tho Chinese people aro yet
fully convinced of tho soundness of tho prin
ciples which underlie it and which aro so lu
minously represented by your great common
wealth. "The solo aim of tho government which they
have established, theroforo is, and will bo, to
preservo this form of government and to per
fect its workings, to tho end that they may en
joy its unalloyed blessings, prosperity a"M lfttT
plness within, through union of law and liberty
and peace and friendship without, through tho
faithful execution of all established obligations."
Mr., Bryan's Selected Speeches. Revised 'and
arranged in a convenient two-volumo edition.
These books present Mr. Bryan's most notable
addresses and orations, and cover tho chief
important phases and features of his career as
an orator and advocate. A familiarly intimate
and interesting biographical introduction by
Mary Baird Bryan, his wife, opens Volume I.
Tho two volumes, bound in cloth, sent to any
address prepaid on receipt of price, $2.00. Tho
half leather edition, 2 vols., sent for $3.00,
prepaid. Address Tho Commoner, Lincoln, Nob.
What Big Millionaires Will Pay in Income Tax
on Four per cent Basis
From the New York World: The big millionaires of tho country woul'd be hit by tho income
tax, on a 4 per cent basis, about as follows, tho incomes themselves being estimated at 5 per cent
of tho owner's capital, with the exception of J. D. Rockefeller and William Rockefeller, each
10 per cent, and the J. P. Morgan estate, 10 per cent:
Capital Income Tax
John D. Rockefeller $500,000,000 $50,000,000 $2,000,000
Andrew Carnegie 300,000,000 15,000,000-' 600,000
William Rockefeller 200,000,000 20,000,000 800,000
Estate of Marshall Field 120,000,000 6,000,000 240,000
George F. Baker 100,000,000 5,000,000 200,000
. Henry Phipps 100,000,000 5,000,000 200,000
. Henry C. Frick 100,000,000 5,000,000 200,000
William A. Clark 80,000,000 4,000,000 160,000
Estate of J. P. Morgan 75,000,000 7,500,000 300,000
Estate of E. H. Harriman 68,000,000 3,400,000 146,000
Estate of Russell Sage .. . . . 64,000,000 3,200,000 128,000
W. K. Vanderbilt . . 50,000,000 2,500,000 100,000
Estate of John S. Kennedy . . . 65,000,000 3,250,000 130,000
Estate of John J. Astor 70,000,000 3,500,000 140,000
W. W. Astor 70,000,000 3,600,000' 140,000
J. J. Hill 70,000,000 3,500,000 140,000
Isaac Stephenson 74,000,000 3,700,000 148,000
Jay Gould estate . . 70,000,000 3,500,000 140,000
Mrs. Hetty Green 60,000,000 3,000,000 ' 120,000
Estate of Cornelius Vanderbilt. --. 50,000,000 2,500,000 100,000
Estate of William Weightman 50,000,000 2,500,000 100;000
Estate of Ogden Goelet 60,000,000 3,000,000 120,000
W. H. Moore 50,000,000 2,500,000 100,000
Arthur C. James 50,000,000 2,500,000 100,000
Estate of Robert Goelet 60,000,000 3,000,000 120,000
Guggenheim estate 50,000,000 2,500,000 100,000
Thomas F. Ryan 50,000,000 2,500,000 . 100,000
Edward Morris ; 45,000,000 2,500,000 90,000
J. O. Armour 45,000,000 2,500,000 90,000
The name of Frederick Weyerhauser, of St. Paul, tho "lumber king," does not appear In tho
above list. He is regarded as one of tho wealthiest men in the country. He owns, It is said,
60,000 square miles of standing trees, and it has often been stated In print that he is "richer
than Rockefeller."
In the $25,000,000 to $35,000,000 class, yielding incomes of $1,250,000 to $1,750,000 and
taxes of $50,000 to $70,000, are James Stillman, J. H. Schiff, Charles M. Pratt, J. H, Flagler,
Quincy A. Shaw, E. T. Bedford, E. T. Stotesbury, John Claflin, Henry Walters, E. C. Converse,
Clarence H. Mackay, Nathaniel Thayer, W. H. Moore, and the estates of H. H. Rogers, Robert
WInsor, George Smith, W. B. Leeds, W. Scully, John Arbuckle, J. Crosby Brown, John F. Dryden.
W. L. Elkins, and O. H. Payne.
