The Columbian. [volume] (Bloomsburg, Pa.) 1866-1910, 1903-08-27
WASHINGTON.
From our Regular Correspondent.


Most cautiously expressed, but not
the less intense Indignation, is gener-
al in the Navy Department because
OF recent events at Oyster Bay
Naval officers declare that the ex-
posure of the entire North Atlantic
squadron to the perils of trip up the
narrow Long Island Sound, followed
| by an attempt to manoeuvre the
squadron off Oyster Bay, while three
naval vessels were devoted to the
special accommodation of the Pfesl.
dent and his friends and family, was
humiliating and unwarranted use to
which to put the army. They declare
that every commanding officers "heart
was in his mouth" as he risked the
almost inevitable accident and subse-
quent court. martial in guiding his
vessel over shoals and rocks in the
Sound and that he felt Inundated a,
having TO take this risk, not for the
benefit Of his country, nor the greater
efficiency of the navy, but that the
President might have the qualification
of initiating the German Emperor at
whose beck and call are the vessels Of
the German navy.
Xxx
AS it happened, two vessels were
more or less seriously damaged and
although the Secretary of War and
| Admiral Dewey, like accomplished
courtiers, beilttled the damage, the
cost of repairs will not be inconsder-
able. The cost of the trip together
with the powder burned in firing
presidential salutes is conservatlvely
estimated at 500, 900, covering the
expense for powder and coal alone.
To the officers on the Sylph was con-
fded the care Of the Roosevelt
children and their nursemaid, and, to
their serious embarrassment, they are
likely to be known to brother officers
for all time, as the "day nurses to the
Roosevelt youngsters" 1t is tele-
graphed from Oyster Bay that "Mr
Roosevelt was happy and excited all
day long," but there may be some
people who will regard the Presidents
happiness somewhat dearly bought at
$Ioo, 900, which will have been ex.
pended by the time the injured vessels
are placed in repair.
XXX
Reports from Providence an d
Oyster Bay depict situation far from
gratifying to the Republican leaders.
The members of the Senate commit
tee on Finance are determined to ad-
here to their original plan, measure
whereby the Secretary of the Treasury
will be authorized to accept certain
securities other than government
bonds from the banks as collateral for
government deposits. This legisla-
ton is earnestly desired by ]. P. Nor
gan & Co, who are anxious to secure
what would virtually amount to the
government imprimature on certain oi
the bond in which it is their business
to deal. The western members ol
Congress, including Speaker-to-be
Cannon, cannot be converted to this
form of legislation. The President
has become SO disgustel with the
tenacity with which Senator Aldrict
and his colleagues adhere to this type
of legislation, regardless of the view:
of the western members, that ht
threatens to throw the entire matter
overheard and issue call for {
special session TO convene Novembe
9, without mentioning the subject O
financial legislation.
XXX
In view of the fact that the re
publicans have long boasted of thei
ability to harmonic all interests, th
situation is most distressing to tn,
republican leaders. Moreover, promi
nent democrats, like Senator Daniel
of Virginia, are taking occasion t
elaborate the fallacies of the Aldric
policy which is all for the bankers an
the Wall street interests and not a
all for the people, whose money
being accumulated in the treasury b.
o unnecessarily high taxes to an exten
/ that threatens to cripple business.
b is easy OF demonstration that tn
" proper course to be pursued is nc
l. the invention of some means whereof
t this money, unjustly collected, ma
e be transferred to the banks so tina
s they may lend it to the people at hig
l. rates of interest, but reduction {
o the taxes so that there may be n
s further accumulation in the treasury
5, there already being surplus larg
enough for all possible emergencie
To accomplish this. of course, woul
nncacc;tntn n ralncIinn OF the III