The daily silver state. [volume] (Winnemucca, Nev.) 1903-1907, 1903-10-28
THE "wAlL STREET ISSUE"

There is more Importance to be at
tached to the purpose Of Wall street
to discredit President Roosevelt. by
making u~nfavorable business condi-
ticns, than might at first be assumed.
1t is part of a growing movement in
the country to create the impression
that certain interests and certain leg
islation beneftting certain interests
must not be touched or panic and
financial disaster are certain to follow.
President Roosevelt pressed the an
ii. trust inquiry, and now Wall street
would have the country believe that
it was his unwise and U1-arranted
mcdlIing that tunihle1 down its cob
kdsC Of speculation. with atten lon.
il fires to the business If the country
lie interfered to bring about a peace
abe settlement of tho coal strike and
no% the Baers ara charging mat be
was responsible for the strike itseii
ell for all the su etCVcnt unrsst Il
istur. He has callel al extra session
OF congress to carry OF the peas
0; PRESIDENT McK:n,ey IL the Cubanc,
an, now those VINO rnld tariff seed
l. : sacred are insisting hat not eftn
a republican administration can
touch the tariff without involving the
country in panic.
If certain great interests in this
country could finally have it settled
that certain legislation must not be
touched. they could afford to go
through a panic. If they can convince
the public hat such decisions as the
anti-merger decision are the cause OF
business depression they can afford to
endure business depression, especially
now that they are at the bottom any
way, for an indefinite period. The one
thing needed to finally entrench them
in an impregnable position is to create
the impression that any man or any
administration that attacks their priv
lleges is a public disturber and a pro-
moter Of business distress. This ap-
parently is the stake they intend to
play for in the coming national cam
paign, and this is the fight they pro-
pose to inaugurate against President
Roosevelt.
No good citizen wishes any condi-
ton other than of business stability.
The permanence of wise public poll
s. cies is indispensable. But abuses
spring up, and changes have to be
made, and fortunately thus far in this
country no interest or combination of
interests has been strong enough to
prevent changes when they were due.
This threat now that President Roose-
welt is an unsafe and dangerous man
because he has called a halt on trus,
power, and because he has stood TO-
other reforms in the interests of the
masses of the people and for Their
protection, will bring the influence OF
the vested classes to a new test. II
they can now bamboozle or brighten
the American people it will be the first
time since they began their crusade
for a favored seat in the halls of ma
tional legislation.
The American principle has thus far
been that any change that ought to be
made can be made. The moment the
peop.e begin to temporize with that,
and to be influenced by the argument
that while changes are desirable it is
unwise to undertake them, that mo-
Lent they have put a yoke about their
necks and they viii be driven like the
cxen that they are. If the voters can
he blufled into the belief that panic Is
sure to follow any attack upon trusts,
upon trust privileges, or upon tariff
schedules that shelter trusts the way
Is easy for the future, and the time
viii rot be distant when we shall have
We ted interests as far removed from
public control as an English noble
mans game preserve.