Capital journal. (Salem, Or.) 1893-1895, 1894-09-29

pecs Uncle gam 10 take bis ssck ard
start out TO buy Up the whole r. X
system Of the United States. stocks,
bonds, hide, horns aud tsilov, ''all on
. summers day" Is would be . uoTk
Of time. No one will suppOss that b
wJuld stsgger Uocle Sam very badly
to purchase one frs0s-coDiiDeDtal line
OF. fine could not dOtbat At = reasonable
figure, 10 construct one. I do rot pro-
fess 10 give the proper and only soIu-
ton 70 the whole trobiem but ouly
few ideas on the sUijsct- Supposethat
Uncle Gam adopts the policy. He
fyTecIoses on and takes the Union ard
CenfraI Pacific roads. He wants q
through line from New York to Ssb
Franeaseo. Let him appFAise The con-
Meeting lin . that be would prefer to
have, not on the basisOf watered stocks
aRd the profits that some one expecis
20 make, but on the basis Of tie real,
tangible property that Is 10 sight ]
think that is MT. BuekmaB's idea Of
running the roads through q ~riLser.
TG be could not buy at that let him
construct a connecting iioe Of bis own.
Let him operate this one line proper y
for while and be could tuy other
competing lines, at a reasonable price.
He need not bankrupt himself to buy
them all at once, bat this poliey eou d
Oe continued until all tie Iailro4dt
we're in Uncle Sans hands.
Tie OregOnian tays this would be
Immoral" "confsc stion," "unjust,"
'sdIshonorable." On my, Oh my
What a difference il makes whose X
70 gored, doesn't IL? That Is precisely
one Of this schemes by which the r. r.
mag ates Lave made their money. II
Is precisely the plan in oDeratioa. right
aow. 10 Ten thousand cases 10 tbit
cDuntFy-by corporations sDd private
individuals. For them it is perfectly
legitimate. II IL a moral and just and
honorable way Of accommodating hard
earned wealth. In short, II II "busi-
ness." They are smarter than other
people, therefore they earn more and
are entitled to more. The people who
are ruined by such methods are OF
smart;D tbsy are not "sober, ! dus-
trious and economical" sit is their
own fault" BAIL The government
should introduce this variation (no
need to copyright it, no one would
initiate THAT it would pay the full
real value Of what it bought without
regard to how much Of a cinch 1t had
on the seller.
The Oregonion Desperate Demagogy'
article is simply string of the stock
rawlings Of a desperate, gold-bug dema-
cog, himself gone wild. In regard to
the one semblanee Of an argument
that "there would be no protection to
property In any mans hands" j
would like the winged winds to tell
me where is the protection to property
In any mans hands, now, against that
very scheme-if worked by an indi-
yidual or corporation.
1t is a curious thing that people
should be 30 hide-bound that, because
q man holds principle that is adyo-
Gated by the Populist party, They i'm.
medlately jump to the conclusion that
he lie firm believer IN all the wild
theories which are promulgated by the
various and yarigated cranks to be
found In that organization. This is
not an ''iRsuIting fling" at the Pops
Even our grand old Republican party
had some cranks In it-a good many
years ago. The abolitionists were
cranks--once. Both Mr.. Bard and the
Oregonian will find that the Populisti
are not the only ones who believe In
government ownership OF the railroads
They will also fnd that the voting SOW
erelgnE Of this country are becoming
10 far emancipated from the party
leash and lash that the cry, "Ob, that's
Popullst doctFinsl Boop, is not quite
sufiicient TO make them all shut their
eyes and cross themselves. 30 mote II
be.
Salem, Or, Sept. 20, 1894.
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