The Hocking sentinel. [volume] (Logan, Ohio) 1871-1906, 1903-09-17
Currency Legislation.

currency Le&lSIathons
The character and action of the Re
publican party in Congress has always
been questionable. but If the opinion
of leading Republican business man
who is not a politician, is anyways
near the actual condition Of affairs, II
certainly is time that there should be
change in party control. An open
letter from ]. b. Corey, the retired coal
magnate. and uncle of w. e. Corey
president Of the United States Steel
Trust, to President Roosevelt. which
says:
1T is reported, and is going the
rounds of the public press, that you
propose to call an extra session of
Congress 10 tinker with our national
currency, In order to afford relief to
the Wall street stock gamblers and
multi-millionaire Adventures. whose
stocks and bonds fill our national bank
vaults and which have brought on the
present panic. AS an American citi-
zen. feeling deep interest and pride
in the good name of the American
people and the honor of our national
government. l sincerely hope that the
dignity of our nation, the good name
of the American people. as well as
the success OF your own administra-
tion. will cause you to refuse to CON-
nit such a grave mistake as that of
calling an extra session of Congress.
If you will stop and consider for one
moment. the fact will appear that the
majority of the men composing our
national Congress are as mentally unfit
to legislatc upon a financial or curren-
cy measure as they are morally in
capable of resisting the temptation to
fall victims to Wall street stock gam
blers and adventurers. 1t is a we'll
established fact that the political and
pie are never as safe and free from
disturbance as they are when Con-
gress is not In session"
That is more incisive and harsh
indictment Of the Republican party in
Congress than Democratic newspapers
or speakers have ever made, and it is
hardly possible to doubt its truth, COM
ing from one SO well informed as the
writer is. He appears to be as well
acquainted with the Wall street ele-
ment tnat controls the Republican par
ty as he is with the personnel of the
majority in Congress.
Is 1t not a travesty on statesmanship
that the business men Of the country
have to appeal to the President not to
call Congress together? Congress,
which should legislate for the benefit
of the whole people But if it is a
fact that the majority of the Repub-
licans are such scamps as Mr.. Corey
says they are, it is no wonder that
scandals are prevalent in the Post Of
flee. the War and Interior, and other
departments Of the government. The
only check ON these departments being
the oversight of the representatives
that the people have elected.
President Roosevelt may refuse to
take the advice of Mr.. Corey and call
Congress In extraordinary session, 'to
tinker with our national currency, In
order to afford relief to the Wall street
gamblers" but that would not be a
good card to play when just entering
upon the Presidential campaign. Those
voters, and they are the great major
ity, who have no interest in Wall street
stock jobbing are not asking President
Roosevelt to call Congress together be-
fore the regular session begins, for
they know that the legislation desired
by them. namely, tariff reform and
trust control, is not possible from Con-
gress as at present constituted,
The Republican majority in Congress
will try and get together on some leg
islation to make a showing that will
help the party in the Presidential cleo
tiOn. but as the people are not call
ing for financial laws to suit Wall
street. they will hardly be satisfied
with the multi-millionaires being given
the bread and themselves the stones.
Extra session or no extra session,
there is no hope for the people from
Congress and no probability that Pres
ident Roosevelt will recommend the
legislation that will curb the trusts
and by reducing the tariff tax lower
the cost of living. instead Of fattening
tine trusts and combines.
Labor Disputes.
The Employers Association of Chi
cagO pretended to have gone to great
expense to try and discover what the
increase of the cost of living has been
during the last five years. They EN-
plOyed a corps of experts to unravel
the knOtty question. who have report
ed that the increase has been 10 per
cent during the time mentioned An
other corps of experts employed by
pun's mercantile agency have for
years been figuring on the same propO-
sition and every month publish the |
result of their Investigations. Over a