The Jasper weekly courier. [volume] (Jasper, Ind.) 1858-1922, 1903-03-27

. ptrnlcious dream. Great fcrtunes even
- mean and unworthy hands and wlsther
tney Will or not serve a valuable economic
pufpose 40 Long as th,y represe nt creation
OF wealth by genus or saving and not /
.nroukn Unfair piiv.i. Sc established BY .sw
Mic 50 long as they do not enjoy INN unity /
rom a Just share Of pubic burdens. The |
oemocratic party has never made. and |
never Will make an attack upon the free |
dom VI those who have lawfully made for |
tunes. 70 make them larger And very GER |
,hihIy the democratic party. made up Ina 90 |
otherwise than loyal 10 labor organization |
or stand otherwise than for its usefulness. |
US moral and economic necessity. it's rights.
It's general benehcence.
Tnri6 Question Discsssea.
TO the one obvious effective step against
moropoiist tendencies that Is 10 say. the
repeal OF their tarin privileges-the pres
intnt now peremptor!ly refuses his sanction.
child's play compared with this. shall
not dispute his sincerity but until he at
ttmpls this his sincerity is not Of genuine
service. Here is the one remedy imme-
diately available and practical. even II not
complete FOR the evils ~ Industrial monop-
Oily Before We proceed TO restrictive leg
islation. the wisdom Of which may be
doubtful, the practical irefiicie ncy OF which
~ hardly dcubifui-and before we take UP.
a. IN time The American people MI have
70 take up. the question OF taxation that
! rich ana poor may alike bear their fun
share of public burden we can al least re-
| peal the most odious md bureensome of the
-.
OF which intact Il the fundamental purpose
OF republican politics
Rody of Trust Problem.
III may borrow words Of a philosopher:
the trust problem IL today the taTiI
problem touched with popular emotion.
Indeed, sound politics Is generally political
Or social economy touched with emotion.
On the economical side the defenseless
character OF the high protective ~ stem has
been demonstrated again and again-lts
artificial wastetulness. But Americans to-
d4t aaf.t hoe
side OF the problem IL Is rather The
problem fused In their PROFOUND and Just
emotion over the unfairness and social
danger OF the system OF concentrated In
, custrial power and wealth-procucing priv
!lege.
Therefore Il Is that should rejoice 70
hear the democratic party propose not
general revision OF the tariff with all OF its
difficulties and complications and with all
OF the Widespread popular belief. faulty as
believe IL to be. of great masses of Amer.-
can business and laboring men in the pro-
tective tariff. but I'm the first instance re-
movai or reduction 10 a revenue basis OF the
duties on goods the production OF which -
to-day practically monopo,ized Instead OF
dealing with the whole problem OF free
trade and protection. Instead OF introdnc-
ing doubt into almost every business. the
democratic party may well dea, with the
few schedules In which through such nrac-
tical monopoly vast fortunes have been
. made by taxation upon the masses OF peo-
, pie.
"For that campaign public sentiment r.
/ ready. In that campaign every argument
In favor OF economic freedom can be read
!, lily made clear TO the American people. Its
! essential conservatism Will readily appeal
10 the average American citizen whatever
! he may scientifically think Of free trade
Such particular assault upon the fortress
. OF monopoly would succeed and promptly
people WOULD ind. as the English peopis
(. found IN the days of Sir Robert Peel. ar
= ail-sufficiert reason later 10 support cam
: paign for demolition Of the entire fortress
. Va
: and opportunity az present. No wise mar
: can fail to see that the republican es'ah
: lishment OF new system OF colonies held
= for the American republic by force 81 arms
!. and nj enormous cosA Is but another phase
q Of the Capitalization OF pow4 and dis
!, para OF equal rights.
= THE democratic minority OF the senat'
= ormittee on the Philippines did them
: selves and their party honor by The bill =!
= proposed for free trade between the Philip
: pines and the United States during on
!, temporary occupancy OF the islancs an'
= declaring il 10 b. our policy 10 occupy AM
govern them only untL their people Shout
y have established stable governmen nj. hav
y sufficiently guaranteed the performance 4
: Spain Of our treaty obligations related I
= the inhabitants of the Islands. and hav
y assigned to the United States suitable mill
I. tary, naval and coaling stations
Y to be awakened 10 he significance Of M
- problem upon side which is not sentimen
Z tai The enormous Increase in cost OF pub
/ lie administration since President Cievs
e lands second term is alarming 10 the las
degree, And when the time comes. as com
II by and by must. when We American
h shall be constrained to the harsh economic
E. of Industrial depression. an annual ~
n penditure OF ss5"..:vcc mot counting n
1t cost OF the Panama canaD. as against SEC
u ovo.cec. but eight years ago. viii not b
I. tolerated
Ir Army ana Navy Expenses.
90 An army largely and permanently II
g creased, navy very greatly increased,
~ programme OF naval expenditures in u
fun "a r Ne .
- disparagement OF the moral glory an
:. material prestige OF our past, continuou
- and strenuous preaching Of the 'siron
y man armed as the supreme function (
= this industrial and democratic repubii
q our demoralizng competition with Euro
!. ptan powers to make our vastefui and III
~ productive expense as great as theirs an
y, without their justification of nearby an
- dangerous rivals-ali these are among II
=. results OF our new imperial policy.
10 THE republican party has OF late year
- ffected TO be the guardian OF sound finai
- cial policy. Whether the party which mad
4" greenbacks a legal tender ard passed u
Sherman silver Law deserves that praii
~ even from gold republicans or gold dem'
- Gratis is well open TO question. But Il
r. beyond question that the republican part
~ does not TO-DAY deserve the praise. i
n leaders have deliberately II not cunningl
n refused 10 give the national bank-note Gu
~ rency the sound and normal elasticity n
=. business OF the country requires
g IF we are TO have a national bank ~
~ tenn II should be permitted. or. perhap
-. provision Of a currency made adequate al
~ saved from redundancy by norma AZ
- automatic adjustment TO the natural az
a. sufficient demands OF business
Is Look 20 Banks for Currency.
p "Slnse the volume OF the greenbacks
III fixed and their issue Of necessity arhitrai
nd and not normal. we have come TO look
II banks national and state. for paper Gu
II rency Not only should the currency ha'
the qualities OF absolute security and !
slant redeemability into gold as the n
= ! tionai standard of value. but II should
o issued bv banks in every city and eve
we town OF the lan6 For many purposes sn;
m country banks are. IN this respect. Of mn
11. consequences than the great national ban
iio OF Chicago and New York. II the smcu
iul OF the national bank currency do not
~ crease as II Is iegitimately needed and d
es crease when II is not thus needed the We
~. existence Of that currency may be a q
'es for business.
-. 'Tnder influences now dominant IN Il (
u republican party refused. after the discr
~ sion over silver coinage was ended. 20 a
cal cord such normal elasticity 10 bank cure
re cy Again and again the business and
IN dus,ry OF the country have been put W
o. critical danger by the Rightly of the CT
W, on rency Again and again the secretary
ioI the treasury has exercised power OF brin
%. or ing or refusing relief unfit TO be exerc!s
-. by any one man.
~ OutIInes NEXT Campaign.
ex- .sThat body or citizens has strugg'