Milford chronicle. [volume] (Milford, Del.) 1878-1974, 1902-10-24
WASHINGTON NEWS.
WASHINGTON. Oct. 20. 1902.

w n AIANAA ~ ~ " -
Washington, Oct, 20, 1902.
Its difficult to find words to express
he qualification felt at the successful
outcome of the presidents efforts to
md the coal strike. When he first
preached the subject, Mr.. Roosevelt's
political advisers deprecated his prop
,sition. They said he would accomp-
ish nothing and whould make en-
emies for himself and his party, that
even if he secured the consent of both |
parties to arbitration, it would pos
sible fall to him to name the arbitrator
and that he could not do with making |
enemies; he had no legal right to in
terfere and he had better abstain from
adding to his responsibilities. To all of
which, Mr.. Roosevelt replied that he
could not contemplate the appalling
prospect of the continuance of the
strike into the winter months, with the
terrible and wide spread suffering
which must ensue, and feel that he
was doing his duty as the chosen rep
resentative of the people without at
least making an effort to eliminate
the struggle.
The history of his efforts is known,
including the tact with which he con-
Quoted the meeting of the opponents,
the gentleness with which he received
the accusations of the railway presi-
dents, that he was not doing his duty
because he had not sent federal troops
to protect their interests, the earnest
ness with which he pursued his efforts,
even after the first conference failed,
the courage with which he insisted
that the operators permit him to add
a labor leader to the list of arbitrator
and the pursuasiveness with which he
led Mitchell to accept the arbitration
commission he had selected. The
whole goes TO make up one of the
most creditable chapters in the history
of a long line Of republican admin
STATIONS and demonstrates beyond
cavil the excellent judgment of the
President Of the United States.
Everyone seems confident that the
commission Mr.. Roosevelt has selected
will ascertain the facts and adjudicate
the contentious with perfect imparti-
atty. Under the rules which will
govern the proceedings of the arbitra-
tors a two thirds vote viii be required
on every mOOted question and their
findings will bind both miners and
operators for period of at least three
years, it is to be hoped much longer
Although determined to do so only
as a last resort, the Secretary of the
Treasury has finally been compelled
to resort to the purchase of bonds as
means to relieve the money stringency
which is now claimed to be general
The bonds which are now being pur
chased are not due until 1925 and thu
Treasury is paying at the rate of 1877.
to induce the holders to part will
them. 1t is anticipated that sufficien
bonds will be cashed at this figure t,
draw out of the Treasury S25, 200, 600
When this purchase shall have beef
completed Secretary Shaw will hav
released from the Treasury apprOXima
tely $47,OOO,OOO and procured an in
creased bank circulation of $15, 1000, 0OC
thus adding to the available circulation
of the country about S62, 100000
The campaign throughout the cOun
try is progressing most satisfactory
Chairman BabcOck was in Washing
ton last week and was seen by you
correspondent. He said he had ever
reason to feel hopeful. The republi
can members of both houses of Cor
gress are taking a most active interes
} in the work and are speaking in a
parts Of the county, wherever directe
l by the Congressional Committee. TIL
members of the Cabinet are also lenC
ing every possible assistance. TIL
news received from California is mo,
!, encouraging. Representative Littl
e field is doing good work for the part
in that direction. He is, by the wa,
being introduced in many instances
> the next Speaker, title which Unc
Joe Cannon would hardly sanction.