The Vermont watchman. [volume] (Montpelier, Vt.) 1883-1911, 1892-07-13

the last quarter of century-the ad-
mirable national banking system and
the system of government issues, backed
by solemn promises and hard specie
will outweigh in thoughtful minds any
specious arguments in favor of state
banks.
CHAIRMAN WILLIAM j. CAMPBELL
of the national republican committee
has announced that he will not be able
to continue at the head of the COM
mittee. When he was selected, it was
with the understanding that if his bust
ness would not permit him to accept he
would be allowed to retire. He now
states that he cannot so arrange his pro-
fessional work as to attend to the duties
of the position. Among the persons
named in connection with the vacancy
is Senator Proctor, and it is thought in
Washington that the president would
prefer him to any other man. The
senator, however, has refused to allow
his name to be considered in the con-
nection. -
THE first step towards opening the
campaign in this state was taken at the
conference of the officers of the Repub-
lican League and the members of the
state committee at Montpelier last week.
A mass rally will be held at Burlington
early in August, and meetings of smaller
size, but hardly less in Importance, will
be arranged for the various counties and
towns. These official arrangements
should be enthusiastically seconded by
every good republican. The election in
this state will be of more significance
than it has been for years. The national
situation is complicated, and a strong
republican vote will unquestionably have
its effect in closing up the ranks in No
vember. -
A GOOD many people are asking what
the real animus of the peoples party is.
Some say it is the sub-treasury idea,
some that it is free silver coinage that
is wanted. Chairman Loucks of the
Omaha convention says-and he ought
to know, if he is the father of the party
that it is neither, but that imitation is at
the bottom of it all. His exact words
were: Although l take credit for
being the father of this movement in its
present form, it is on the principle OF
the original greenbackers that this move
ment is founded" The nomination OF
General Weaver for the presidency is
evidence that Mr.. Loucks knew what he
was talking about.
BEHOLD the demagogue par ercel
lencel Adlai E. Stevenson, democratic
candidate for the vice-presidency, says
this about the Homestead riot: "It
is very unfortunate condition of af
fairs. 1t demonstrates the fact that 6
high protective tariff affords no protec
ton to the laboring men, and never
betters their condition." How is i
about free-trade England in this matter
of labor difficulties? Was there not
only last winter, an immense strike o.
miners who were not satisfied with theil
wages, and did not the London docl
men impose on that city one of The
greatest labor conflicts known in his
tory, all because it was claimed tina
wages were below the point of decen
living? No one has yet asserted tina
the men at Homestead would not have
received fair living wages had they &C
cepted the ultimatum of the company
According to Joseph d. Weeks, an ex
pert in the matter and a fair-minde(
man as well, the lowest pay that an,
one would have received under The
company's bill at Homestead would
have been S1,S6 per day, and that TO
so simple job as sweeping. If there
is mill.sweeper in England who get
S1.S6 a day, Mr.. Stevenson would d.
we'll to take him through the Unite'
States this fall on exhibition. He woul,
be good campaign document. No
only are wages very much higher here
but it is also quite true that if the pro
tective policy had not been in operation
in this country for the past twenty-iv
years, there would probably be NJ
great steel works now in existenc
at Homestead. Thinking men under
stand this; it is on the ignorant an
credulous alone that such men as Steven
son successfully work such contempt
ible assertions.