Twice-a-week plain dealer. (Cresco, Howard County, Iowa) 1895-1913, 1903-10-23

uuuue speculation. bur TINS u uouprru,
Bankers when they do realize the possi-
bilities of trouble usually make every pos
Slple preparation to meet 1t. This is gen.
orally done at the last minute, but is
done. Therefore it can be safely assumed
that the course Of bankers will be to
check any rife speculation and prepare to
meet the demands of legitimate business
interests. If this attitude is generally be-
neved the sentimental effect of the an
nouncement that the secretary Is ready to
aid should have most beneficial effect.
Republican Fraud.
The Washington Post with great
deal of force remarks:
A question that ought to be Of some mo-
ment to Republican leaders Is whether or
not they will put their party into the
presidential campaign as the perpetrator
OF a palpable and gigantic fraud in mat
ter of interest to ell the people.
The Dingley tariff, as it was properly
called in Its infancy, but as it cannot now
be called with due respect to the memory
Of Nelson Dingley, contained in itself the
promise of very early reduction of sum
dry schedules. That measure included the
Blaine reciprocity scheme to which tho
Republican party was committed by ev-
l.. 1Is
Dingley and his Republican associates on
the ways and means committee believed
in reciprocity and imagined that all Re-
publicans shared that belief. Not doubt
Ing that their bill would soon be revised
by reciprocal agreements. they naturally
and properly placed the rates at such q
| height that they would not be too low
after the intended and expected cutting
down. This is history, despite its denial
| by gentlemen who should have been moro
| careful, and. as we have said. the plac-
ing Of those schedulessat height which
| left margin for reciprocity trading was
| just what the occa sion dcmanded-was an
| exercise of sound. practical business
| sense.
But the retention of those schedules at
that height is a fraud. That ugly word Is
the name that fits 1t. 1t Is fraud on the
great mass Of the American people per-
| petrated in the interest of n comparative
| ly small number. 1t ic Il population Of
Republican policy and pledges and the re-
| verse of n compliment to the memory of
Blaine and of Dingley. To use the reci-
| procity scheme in order to put the schcd-
| uleS at an unnecessary and unfair alti-
tude and then to repudate reciprocity
| and keep them there Is the dangerous
| game which the stand patters" are play
| Ing, not In the interests of protection. hut
TO pander to the greed of monopolistic
| combinations. and it Is the avowed intent
1
campaign with their party's record thus
| decorated!
a Straw.
"Straws show which way the wind
blows" The st. Louis Globe-Demo-
crat confesscs cditoriaily that 1t is re-
ported that Senator Marcus 4. Hanna
has recently said that "thc Republic
ans will have hard work before them
in order to hold Ohio this year." which
is Il very large straw" True. the
CID. endcavors to rcassure Uncle
Mark by informing him that he is mis-.
taken and to rcassure it's readers by
giving them the rather strange en-
enlargement that in SO saying Senator
Hanna WAS not In earnest and was
crying Wolff! to scare the Buckeye
Republicans cut of the bushes OH c,ec-
ton day. After stating that tho Re-
publican candidate for governor, Colo
mel Myron L. uerrick, will be elected
by at least G0.000 majority. the CD.
expresses the fear that the margin
On tic Legislature is likely 10 be mar
rover. proportionately, than is that OH
Governor-that Is. Herrick will have
an easier time winning than ianna-
GI Of which is rather astonishing whcn
we remember that Senator Hanna has
been acclaimed as tile presidential!
Warwick" as ''thc greatest political
manager of his age" as Il sort of pater
familias for the &. O. II. After max.
inG the foregoing confessions the q. D.
attempts to help Senator Hanna by
reading his fellow Ohio Republicans !,
lecture on the danger Of overconf
Gence. The GID. seems to have cxpe
rscnccd a change of heart as TO Tom
Johnson. Hitherto it has denounced
Kim as a Cheap John mountcl,ank
ridiculous and impotcnt, but i'll the cdi
torial aforesaid it holds him up before
the Buckeye Republicans rs bogy
man in words as follows, to wit:
Although Tom johnson is theoretical,
running for governor. his efforts will tene
more toward making deals in the legsla
tive districts which will tell In the con
test ter senator than In putting up
strong canvass on the state ticket. How
ever. there need be no doubt at all tina
Johnson will make stirring canvass To-
governor. He is active on the stump al
ready. The Democrats. in fact, have dom
, more campaigning in the past few weeks
in Ohio than have the Republicans. Thu
country. Hanna is striking figure Ii
the country's politics and social affairs
A reverse for him would excite wild re
. joicing among the Democrats.
, IN n>-