Iron County register. [volume] (Ironton, Iron County, Mo.) 1867-1965, 1903-05-21
FINANCIAL LEGISLATION.
Republican Senators Working in Sc
cret on Laws Which Will
Favor Corporations.

The future financial affairs of the
United States are in the hands CT
four men, and the next session of
congress is expected to ratify the
financial bill they have been formu-
lating. Senator Aldrich, of Rhode
Island, is the leader of these astute
republican politicians and his we'll
known connection with the greattrust
and corporation interests bodies i'll
for the ordinary taxpayer. Senator
Allisen is another of the four, and
the railroad corporations of the west
/ have ever counted him as their
friend. Senator Platt, of Connecticut,
forms the third of the quartette, and
his vote in the senate has universal
ly been for the corporations and
combines. Senator Spooner is the
remaining n and, being the leader
of the corporation interests in Wis
consin. his vote in the senate may
be relied on for the legislation that
Wall street demands.
The financial bill that these four
leaders of the republican party will
evolve will without doubt be tho
most adroitly drawn proposition that
has ever been presented to congress.
The great banking interests will
gladly lend their greatest lawyers
to add their skill to that of the com
mittee. The experts of the treasury
department are all at the service Of
congress, and have already prepared
data at Senator Aldrich's request.
The people who are finally to pay the
bills and suffer the consequences of
this legislation that the corporations
demand, have no voice or influence
in preparing the law. No democratic
member of the senate will probably
be allowed to know what the bill
will call for until the last moment
possible before it is introduced. Thus
ambiguous or obscurely worded sec
tions, hat may conceal provisions
especially favorable to the bankers,
are the more likely to escape criti-
cism or amendment. 1t will be re-
membered that the Aldrich bill which
was defeated by the opposition of
the democrats at the last session by
threatening to debate it fully, was
introduced late in the session and
was intended to be rushed through
; without debate. When the new bill
is introduced at the opening of the
! coming congress-, it will be futile for
the democrats to attempt to flibus-
ter against it successfully. They
may delay its passage by fully dis
cussing it, but as congress will sit
l for probably eight months it will be
j impossible to talk the most obncx-
ious bills to death that are brought
!. forward early in the session.
, There is a CLEAN of hope for the
= people in the position that it is pcs
sible the house of representatives
: may take on this important legisla-
ton. There are two factions in that
!, body, n demanding asset curren&y
- and the other following the lead Of
' the senators above mentioned. This
difference of opinion may lead to a
y division and allow the democrats
with the help of a few honest re.
publicans, to defeat any very obnox.
{ ious legislation. The voters will dc
well to let their representatives know
:. that they are watching this proposed
legislation and that those who vote
for a bill that is entirely in the in.
: terest of the Wall street banks will
not receive their votes when the new
" congress is elected next year.