Twice-a-week plain dealer. (Cresco, Howard County, Iowa) 1895-1913, 1900-05-01
Consider These Facts.

mankind. q WIllianl J. Bryan.
Consider These Facts.
just consider these facts for few
moments and see what you think of
them.
The senate has passed the currency
bill, with an Notwithstanding
the public debt in the interest of the
national banks; the republicans in both
houses have resolved to divorce the
flag from the constitution, deny Porto
Rico the benefits promised her upon
annexation and convert our rule in all
our colonies into naked domination of
a military empire, and the attitude of
the administration on the Hay-Paun-
cefote treaty and some minor matters
has Shown that it is the intention of
The men in charge of the republican
party to launch us into "world poll
tics. as tail to the kite of England.
And at the same time the $40, O0O. 900
quarterly dividend of the Standard
Oil trust-sSO, 100000 a year profits on
single one of the Rockefeller COM
b1naJioniS inveStments-and the proof
in the Frick-Carnegie suit that the
Carnegie Steel company is earning
profits of s40,000,000 a year, have
thrown startling light on the power
of the gigantic aggregations of capital
OF which the republican party is the
natural protector.
Shall the nation IS money supply be
controlled by the banks or by the gov
eminent?
Shall we rule our dependencies as
republic or as an empire?
Shall we maintain the Monroe doc
trine and our independent national
policy or shall we enter the European
concert as the silent partner Of En-
Gland and invite tls p oM an elSie t9 regu=
Shall we allow the trusts to absorb
all the wealth of the country or shall
we curb them before it is too late?
For the first time in our history con-
gress is about deliberately to adopt the
policy of creating national debt for
the debts own sake-not because the
government needs to borrow, not be-
cause it is going to put the money to
any productive use, but because the
banks want to make profit out of
holding bonds. With money heaping
up IN the treasury we are going to
cease bond redemptions and hunt for
extravagant and demoralizing ways of
disposing of a surplus which, with de-
Gently honest management of our f.
nances, would put us within ten years
IN the proud position of nation out
of debt.
The joint profit of the Standard Oil
trust and the Carnegie Steel company
amount to sl2o,OO0,OOO a year. That
would pay off the entire bonded debt
OF the United States in little over
eight years. 1t is twice as much as the
whole income of the national govern
ment when Mr.. Carnegie and Mr..
Rockefeller were boys.
The profits of these two combina
lions are enough in a single year to
absorb almost the whole outstanding
note circulation of the Bank of Eng
land. In two years they would more
than equal the net stock of gold in the
treasury Of the United States. In
eighteen months they would match
all the gold ia the Imperial Bank of
Germany. They amount to as much
in single year as the gold in the ma
tional banks of Italy and Spain com
bined.
The annual profits of these two ag-
gregatlons OF capitalize Standard
Oil trust and the Carnegie Steel com
pany-are equivalent to the interest
at 10 per cent on $1,000, 600, 900. at 5
per centon s2,400,00O,Oo0 and at per
cent on $4,000, 900, 900.
Ii Mr. Carnegie and his partners and
MI. Rockefeller and his partners want
ed to draw such an income FROM 2 per
cent government bonds as they draw
now from their investments in these
Two Enthusiastically no means the only
sources OF revenue they possess they
would have to buy bonds to the amount
OF $4,000, 100000, which is nearly six
tlmes the total bonded debt of the
United States and nearly double that
of England.
The republican party never loses an
opportunity to show its partiality for
trusts, syndicates, promoters and every
sort OF plundering combination. The
other day the house committee on in
terstate and foreign commerce voted
! to give subsidy of S4OO, 900 year for
twenty years to corporation for a
Pacific cable rather than let the gov
eminent own cable of it's own. The
Hanna-Payne shipping subsidy bill is
SO anxious to shovel public money into
private pockets without return that,
although it purports to be measure
for the encouragement of American
shipping, 1t allows American owners