Weekly independent. [volume] (Elko, Nev.) 1887-1914, 1903-07-31
THE DANGER TO PROSPERITY.

Some OF our most conservative auth
critics now admit that the particular
brand OF prosperity Passed around for
home consumption by Republican poll
cies Is fragile as well as fair-these may
finally confess with the Democrats that
it is also frail. Gun;on's Magazine is
especially timorous, and a recent num-
Der warns US over and over again Of
what may happen by the accidental or
mistaken slipping OF a cog. The at.
titude OF the President toward Congress
during the last session has created sen.
Gus apprehension in business circles
through the country regarding the poll
icy OF the Roosev veil ADMINISTRATION il
says. But wherein Is the policy advo-
Gated different from hat OF Mckinley,
who with his last breath warned us We
had reached the end OF our tetter? Has
the President rejected that policy OF his
prede cessor- he pledged himself to sup
port; or will Republicanism now re-
nounce the leadership Of Mckinley rs
well rs Roosevelt?
hhoNhSA Sn-S ~ oPHANANA~FN- -
the wonderful amount OF constructive
reorganization that has taken place in
the capitalization OF industries in this
country" Reduced to American Eng
English, this must be another note on
the "undigested securities key, but il
this warning also be well founded, what
ia the matter with the Presidents rem
edy2 Shall we be safe by multiplying
as we'll as continuing the danger? To do
that is only to reproduce the Law and
South Sea Bubble experiences, which
were fatal only because continued IN the
face OF warnings sufficient to every re-.
fecting mind. You make the explosion
only the worse by sitting on the safety
valve.
"a large number OF the manufacture
ing and commercial enterprises Of this
country rest upon the influences of the
protective tariff" Just so. And this is
to set the p%yrarniL Oh is Hpe1-to make
the government support business, In
stead Of having business support the
government, in the the good old Demo.
cratic way.
There is IL thing morally certain,
and that is that the American people do
not want, and unless they are fooled by
some misleading representation they
will not tolerate, any trliiing with the
tariff question just now" Which is
equivalent TO saying that the people see
the danger, but have not the nerve to
undo what is wrong till Roosevelt has
all he wants. Then they are willing TO
take what he thinks proper Ia 1--WE them
by way OF security. 1t may he thai the
voter has just as little sense rs Gunton's
credits hun with or that be is willing
to risk all to oblige Roosevelt. But this
Ii not our opinion. Blaine told mm OF
the danger, and he accepted promises;
Mckinley made u late repentance aud
begged him to cave himself, but he was
lulled into dreamiand by a siren song;
Roosevelt repeated the warning, and
now promises to postpone the day OF
reckoning, that he may not hurt Mr..
Hanna and others. The question is nov
up to the voter, and great must be his
credulity or his love for lioosev welt il he
remains under the shadow of the vol
cano.
The truth liz, the Sherman act was
never taken seriously. 1t WAS passed i'll
response to n ianstirRl antitrust senti.
ment and largely for political purposes"
Why did not Gunton's tell us this dur
ing tho campaign. while Republicans
were pralsipg themselves for giving us
this shield? May Il President enforce n
law or drop it at his discretion, @for
political effect! We have beer told
before that the Sherman act was moth.
ing; now it is too much. Great are the
phrase makers!-Florida Times Union.