Twice-a-week plain dealer. (Cresco, Howard County, Iowa) 1895-1913, 1902-11-07
Change the presi.
dental Term The.
World Is Money
Mad - Civilization
Travels on Wings

fective debater and would be FESTIVE
in the chair. He would always be
wanting to get down off his high perch
and into the bull pen and take hand
in the fight. By the way,'in the early
days speakers Of the house, notably
Henry Clay. were in the habit of TAX
ing part in debate. Clay was fire.
quent debater while speaker. How That
custom happened to fall into innocuous
desuetude this deponent saith not, be-
cause he knoweth not. It was not
good custom.
Roosevelt and Plat.
OF course everybody that knows
enough to go in out of the rain under
stands full well that Hon. Thomas Col
lier Platt, senior senator from New York
and the Easy Boss of the Empire State
Republicans, has no more love for Colo
mel Theodore Roosevelt now than he
had when he thought he was shelving
the aforesaid colonel at the Philadel-
phia convention in the summer of 1900
by "elevating" him to the vice presi-
dency. Consequently the Hon. Thomas
/ Collier Plat must be filled with cha
Gin, rage and envy as he marks how
Roosevelt is growing in favor with the
rank and file of the Republicans. The
Republican bosses laid their heads to-
gether when the reciprocity bill was
up, and undoubtedly agreed to kill
Teddy off as presidential candidate,
and to supplant him with Senator Mar
Gus A. Hanna. That is the true in
wardness of the hanging up Of that
bill In the senate. The bosses were
playing politics. Whether they did
themselves any good is an open ques-
ton, but that President Roosevelt has
himself for the nomination since con-
gress adjourned is patent to all who
having eyes see and having ears hear
what is happening about them. Platt's
thoughts would make entertainingread-
ing.
An Important Movement.
I Hon. Newland Conkling, one Of the
brightest and most promising young
men in the Missouri legislature, is con-
| templating flank attack on one of the
most pestifcrous trusts in the land,
one which levies tribute upon every
wheat grower, every oat grower, every
| barley grower, every rye grower and
every flax grower in the land the
binder Irvine trust. Mr.. Conkling is
incubating bill to introduce into the
legislature to appropriate 100000 to
start Irvine factory in the Missouri
penitentiary. Mr.. Conkling appears to
have studied the subject thoroughly,
and If his figures are correct his bill
will be a great boon to the farmers of
Missouri. He claims that it will save
them $5.000,000 and that bindeE,twine
can be made in the "pen'' for ~ cents
per pound, whereas the trust compels
the farmer to pay from 1917 to Is cents.
Mr.. Conkling borrows his idea from
Kansas. The Jayhawkers have been
manufacturing their own Irvine for
three or four years. with great adyan-
tage to themselves. If Brother Conk-
ling gets his bill through and it turns
cut to be all his imagination has paint
ed, his will be name to conjure with
in Missouri.
Money Mad. !,
Those of us who still believe in the
old plodding methods of achieving a
competence will indorse this protest
from farm journal against modern
speculation. The editorial here APP
pended is from the Mexico (Mo) Farm
and Orchard.
The world is money mad. The one idea
is riches. riches. and the one motto is to
get rich quickly. Therefore speculation
Is rife, and there Is a vastness of margin
trading and option dealing. In New York
and Chicago stocks rise to unprecedent-
ed prices: then there Is furry. Values
waste to nothing and ruin overwhelms
the many. The lamb" as the novitiate
in stock dealing is called. is thoroughly
shorn. and then he is turned adrift penni-
less. friendless and scorned.
Always the lamb. Unfortunately. hu-
mans haven't animal sense. SINCE rat,
and he becomes warning to all of his
kind; SINCE man. and in all Of his kind
Is created desire to play with fire. II
one smash in values would but serve as a
warning and cause men to cease specula-
ton, 1t would be experience cheaply
bought, but as warning 1t is valueless.
Half dozen times every year is the thing
repeated, and unless human nature
changes it will continue as long as time
lasts and as long as speculation lasts the
man of small capital will be the one first
to suffer.
The testimony Of Russell Sage Is worth
hearing. Recently he planted danger
signal in the speculative pit, advising ev-
cry one to beware Of options and saying
that 1t was but a matter of time until the
Spectator lost his fortune. And the facts
Justify his conclusion. A few years ago
"Old Hutch" cornered the grain market,
but he lost his last dollar before he was
through with the enterprise and subse-
quently became restaurant keeper in the
market district Young joseph Latter
spent several of his fathers millions n
year OF two ago in the same effort. Phil
lips of Chicago plunged a few fretful
weeks and then went to smash Even
thus far away from exchanges men have
lost their accumulations in options.
The fever OF speculation burns rapidly,
1t brings youth to senility and hastens
the aged to the grave. In its wake are
tears, griefs. regrets, reproaches, might
have beens. and. in compensation for
these. one perhaps in hundred secures
riches to find no joy in their possession
1t is human to want money, ana usually
worthy effort brings dollars as reward
Through money accumulated from hard
work comes ease as years increase and
tranquility of spirit that nothing else
procures yet in large quantities It is
travail and brings vanity and vexafion
Of spirit" Lord Bacon tersely said. II
cannot call riches better than the bag
gage OF virtue" meaning that money is
an impediment. and Andrew Carnegie
says 1t Is sinful to die rich. The precious
Bible says that 1t Is easier for camel to
pass through needles eye than for a
rich man to enter the kingdom of heaven.
Save money. be trifty. but thirst not for
sudden riches.
| Akn Gail