The Caucasian. (Clinton, N.C.) 188?-1913, 1893-11-09
4 GREAT SPEECH.
T7e KEY NOTE TO T-E pOPULlST CAM
PAlGN-REFORNS MUST COVE
FROM T4E COMMON PEOPLE
PUBLIC INSTRUMENTS MUST HE Na
Tlo>ALiZED---THEp PEOPLE MIST
OWN AND OPERATE THE PtB-
Lie HIGHwA -
WE MIST HAVE NATIONAL SYSTEM
OF FINANCE NOT 4 BANK SYs
TEN.-THE NEXT GovExoK
OF Iowa TALKS FOR THE
fe"pi" and strikes some Heavy Blow. at
the old Parties.



the old Parties.
Continued from last issue.D
GOVERNMENT OWNERSHIP AN EXPERI
MENT.
Inc ldea seems 10 prevail that III,
public ownership of railroads is \
new project gotten up by lot oi
visionary, Impractical theorists.
we Americans are apt to compli.
ment ourselves with the idea thar
We are long way ahead of the pro
cesslon In the progress of the world,
ana II there was anything in this
plan OF national ownership we should
have discovered it long ago.
Mr.. Larrabee says: "A number
OF European states, notably Prussia,
France and Belgium, "a we'll as Aus
tralla, British India and the British
colonies IN Southern Africa, have
adopted government ownership of
railroads. The experiment of state
ownership and management of rail
roads has been longest tried in Bel
gum, and with the best results.
with an excellent service the rates
OF the Belgium roads are the lowest
III Europe Their first class passenger
tariffs, next to the zone tariff re-
Gently adopted on the state roads of
Hungary, the lowest in the world.
and are, for the same distances,
lower than those of American roads.
In Prussia the state service, upon
the whole, Is also superior to that
OF prlyate companies, and is proba-
bly, equal to the public demand In
france the government only owns
and operates less important lines,
but furnishes upon these no more
e1hclent and cheaper service than
private compales would either be
able or disposed to furnish. There
peated statement of those opposed
to government regulation to the
contrary Notwithstanding, govern
ment ownership and management of
railroads Is decided success in Eu
rope. Mr.. Jeans says of the state
railroads:
Notwithstanding the superior
financial result. the lines worked bv
the state are those kept in the best
order, and the working of which
gives the best satisfaction TO the
commercial world and the public in
general as regards regularity of con-
Veyance, cheapness of transit and
the comfort of trayelers."
1t Is difficult to see how any un-
biased person can trayel on any of
the state roads of Europe without
coming to the same conclusion.
State management offers certainly
some decided advantages to the pub
lie. Above all, the business of the
roads is not conducted for the pc
cuniary advantage of few. but for
the common good. Commerce is
not arbitrarily disturbed to aid un-
scrupulous managers in their stock
speculation. New lines are not built
for speculative purposes, but for til
development of the country. Rates
are based mole upon the cost of
service than upon what the traffic
Will bear, and the ultimate object of
the states policy is not high profits,
but healthy growth of the country's
commerce, while the sole aim of
private company is to get the largest
revenue possible. The permanent
way OF the state road is kept in bet
ter condition, the public safety and
convenience being paramount con-
slderatlOns. Rates are stable and
uniform, instead of being changable
and discriminating, and all persons
places are as equal before the rail-
road tax solicitor as before the law.
1t may be laid down as a general
rule that under private management
of railroads efforts will be made to
secure the highest rates possible,
while 1t Is the aim of the government
to grant the lowest rates possible"
Judge Dillon, of the Unite d States
court, in his order appointing Hon.
). 3. GriHuell receiver of the Cen
tral railroad of Iowa, in 1867, said:
The railroads IN the hands Of the
court (and III the circuit there are
eight to tenl have all been run with
less expense, aud have made more
money than when they were opera
ted by the companies; and we hope
and believe under your supervision
that this road will prove no excep-
ton"
But 1t Is not my purpose to pursue
this question IN detail. 1t is "a sub
Ject we'll worthy the careful consid-
Grafton OF every citizen. 1t is sub
Ject that both the old parties have
carefully avoided, The citizen who
wishes to record his opinion is com
PEELED to do so through the peoples
party, no other accords him even the
opOrtunlty.
Study this field fellow citizens; YOU
Will ere long have to contest it. There
lis but one objection offered to public
ownhrship tnat is worthy of serious
notice, and that is the possible dan
ger from 100000 employees controlled
by the party in power. This objec-
ton Is readily disposed of. A sys-
tenn OF appointments and promotions
patterned after the army would ell
inmate. party politice entirely, Be-
sides this, these employees are large
ly controlled to-day by the great cor
poratlonS and their power for evil
conuld be no greater under the new
system than it has been under the
old.
THE GREAT QUESTION OF MONEY.
Passing to the all engrossing sub
Ject of the coinage of silver, we are
met on the threshold with the state
ment of Governor Boies:
LAS between the two great par
ties thele is little as indicated by
their platforms to choose on the sill
yer question" II am unable" saws
the governor, ''to see one substant-
ial reason why democrat should go
to the republican or republican to
the democratic party on this ques-