Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1904-05-20
Sensational Report to the Gener-
al Conference by Commits
sion on Industrial Peace
wATERED STOCK is ROBBERY
Various Devices by Which Compare.
lively Worthless Plants Are Given
Fictitious Values Denounced - The
Report Causes a Sensation - Cues
ton Of Church Federation.

Los Angeles, Cal, May 20.-Next to
the election of three bishops, the most
important feature of the Methodist
Episcopal general conference Thursday
was the report. of the commission on
international and industrial peace. The
report, which follows. caused a sensa-
ton:
"Decency and indecency are waging
a fierce battle in our state and national
politics. Vice, thinly veneered with
virtue, has put nearly every great city
In our country under the control of
corrupt political bosses. The rights and
franchises OF the people are given
away or baHtered for personal gain.
Voters are bought and sold as articles
of commerce in the market places.
The successful buyer of votes
brazenly takes his seat in legislative,
judicial and executive place and be-
comes the maker, the construer and ex
ecutor of our laws. Heartless combina
lions of capital. organized as trusts.
control, raise and lower at will the
price of the necessaries of life and
breed great unrest. Some of our most
noted capitalists and financiers, with
cunning craft. have devised and palmed
off upon the unwary worthless schemes
as legitimate enterprises.
Plants worth d few thousand dollars
have been watered into millions by the
device of first mortgage bonds and pre-
ferred and common stocks. fifty termed
undigested securities, which have been
unloaded upon the people in schemes Of
gigantic robbery, the schemers taking
care only In violations of law TO escape
the common tails.
When successful the rohber, in gild-
ed effronte.y, may lead the 400, while
the. common thief who steals loaf of
be, is sent 10 the penitentiary. The
Methodist Episcopal church is essen
TALLY a church of bread winners. In
her membership there are not many
millionairesi Or gold ladened persons
Her mission has been to save souls, and
not to gather riches. The toilers with
the hand and the brain find in her
broad Christianity. simple service and
direct methods their ideal of a religious
system and faith.
Her people are generally the sufferers
from the evils which we have enulner-
ated. 1t is becoming therefore for her
in the majesty of her strength to put
herself boldly and fearlessly on the
side of the peaceful arbitration OF all
human disputes.
The question Of church federation
was taken tip. AS the result of
movement begun some years ago an
agreement has been reached between
the Methodist Episcopal church and the
Methodist Episcopal church south for
a common hymnal a common cate
chism, and common order or wor-
ship.
The special committee Of the general
on this subject proposed n
further step-nanely: that where
either church is doing the work of
Methodisnl the other church shall not
organize a society or erect a church
building until the bishop having the
jurisdiction in the case OF the work
shall be consulted and his
obtained.
The manifest object of such provision
is simply TO require the local pastor and
presiding elder to take into their coun-
sells the presiding bishop. Such pro-
vision is both sensible and conservative
and does not in any sense indicate the
of the Methodist Episcopal
church work in the south. which is al
ready established. or where it can be
established to advantage
This part of the report was opposed
by representative of the work in the
south. who felt that the adoption of
such a resolution would be discour-
agement to the workers already there,
since it would be construed as con-
cession to the claim made by the Meth
odist Episcopal church, south, that
northern Methodism is an intrusion
and unnecessary. Further considera-
ton of the question was postponed to
a later session.
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