Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1899-09-07
A SOLDIER DEMOCRAT
Joe Markey, q Philippine Veteran,
Paralyzes the Mills. Montgom.
cry District Democracy.
Slated For Senator, He Makes His
Own Platform Its Terms
and Results.
The Danger Of Trusts The Beet
Sugar Question-Ex. Governor
Merrill's Career.
scial to Times-Republican


Special to Times Republican.
Des Moines. Sept. THE democrats
of the Mills Montgomery district have
held their convention and nominated a
candidate for the senate. 1t Will be re-
called that there was a plan to nomi-
nate Joe Markey for the position.
Markey was willing to run, but he
wanted to make platform Of his own.
He proposed first to run as a gold stan
dard man; second, to run as an advo-
cate Of the policy of retaining the Phil
ippines; third, to be authorized to vote
for John H. Gear for senator.
The democrats of the district wanted
Mr.. Markey because he was Philip
pine soldier, but when they looked over
his statement Of terms they tainted,
and haven't yet been resuscitated. Mr..
Markey's gall 80 stupefied the dem
ocracy of the district that when the
convention met in Glenwood the other
day there We're just six men in the two
counties who were able to be present.
The rest were still suffering from their
attack of nervous prostration. The
half dozen of the faithful got together
and nominated N. c. Field, editor of the
Gienwood Tribune. Mr.. Field is a
harmless young man Of about 30 years,
commonly known as Nancy" and is
willing to run on any old kind of plat
form that may be fixed up for him.
A prominent business man of Des
Moines whose name If it were men
toned would be recognized all over
Iowa as a synonmy for business integ-
rity and success, and who is engaged in
a line OF trade that has felt the blight
ing influence Of present day trust con-
ditions as perhaps no other has, de-
clares that in his opinion there is a
great panic ahead for this country;
greater, perhaps, than any that has
gone before it. He says that the or
ganization of trusts and gigantic COM
bines is certain to bring trouble, and
here Is his way of figuring it:
THE busines interests of the country
have gone wild on the organization of
trusts. Everything is being trusted
by skillful promoters who have nothing
to lose and everything to gain by their
speculations. They capitalize concerns
for several times what they are worth
in the legitimate course of business and
trust to their success in eliminating
and boosting prices to en-
able them to earn dividends on their
fictitious valuations. Investors are
foolish enough to bite at anything of
the kind that may be offered to them.
\ to- j,,ot oS a 9 IA a w of "
itation that in time the true laws of
commerce will make these investments
worthless, or nearly so. Then there will
be crash. The trust business seems
to be riding the crest of the wave of
this year. Next year there
is to be a presidential campaign. There
are new issues before the country on
which it is impossible to say what may
be the result. 1 predict that before
election in 1900 the people of this coun-
try will have felt the reaction, and
while it may not be so severe as to
cause great crisis. yet there is grave
danger of it."
On the authority of men who unques-
know whereof they speak. it
may be announced that the beet sugar
proposals which are
backed by number of Des Moines
men, have got past the bluffing stage.
For long time these gentlemen kept
on talking about building big factories
and developing the industry in Iowa.
and people came to regard them as
buffers who meant we'll enough but
hadn't the money to carry on such
-tta IL
ly enough true in the beginning, but it
is fact that they now have money in
sight, lots of it. and on terms on which
they can afford to use it. The money
is coming in part from Des Moines peo-
Pile and in larger part from eastern con-
Germs which have convinced themselves
that beet sugar will pay in this state.
A number of good. conservative, reli-
able men in this state have taken the
trouble TO examine thoroughly into the
beet sugar question and have convinced
not only that beets can be
raised and sugar made in Iowa, but
that there is a high grade, gilt edged
bonanza in the business. They have
brought certain eastern interests to
take the same view and the money is in
sight for building plants. 1t costs lot
Of money to start sugar factory, but
there is good prospect now of starting
more than one in Iowa next year. The
men who are backing the matter are
not telling for publication whence they
are to get their money, but it is fact
that they have 1t in sight. Several
towns in Iowa are figuring on getting
plants and some of them are going to
succeed. The first serious question is
TO get the farmers to contract to raise
the beets.
Secretary of Agriculture James Will
son has been recently taking much in
.erest in the question of sugar produc-
lion in Iowa and 1t Is announced that
an Iowa sugar convention is to be held
1t Clear Lake in October. 1t will bring
.ogether not only Iowa people interest
I'd in the movement, but also number
IF the leading sugar producers, manu-
lecturers, refiners and beet raisers of
Inc country. The experience of men
who have made beet sugar pay in other
states will be related and It is believed
he gathering will give a great impetus
TO the Iowa movement.
The Cummins people concede that in
all probability Muscatine county in it's
convention this week viii instruct tor