Evening star. [volume] (Washington, D.C.) 1854-1972, 1904-10-10

ment than to resist 1T.
Farming Out National Funds.
Zone of the worst features of our finan-
cial system is the farming out to the ma
tional banks of the power privilege and
profit Of supplying the country with paper
currency. Instead of using it's own credit
for the equal benefit of all the people, the
government lends this credit to the national
banker to be used for the benefit of the
banker. Thus, the national banker be-
comes a beneficiary of special privilege
and, basing his notes upon the credit of the
government, charges his fellow citizens Tor
the use of them. He, the privileged, fat
tens upon uSury at the expense of the I'M
privileged.
There are now about 5000 national
banks. which keep in circulation more than
$500 100000 of their notes. At per cent
this represents a yearly profit of more than
$50, 900 GOO. which they derive from the spe-
cial privilege of using the public credit for
their private benefit. Clothed with the
sovereign power of creating what Is prac-
tically legal-tender currency, they can
contract it or expand it whenever they
please, and, If they decide to give the
country a taste of their despotic power,
as in 1893, there is no power which can
should be clothed by law with such ter
rible advantages over their fellows.
Accused of Preference.
MUCH ABUSE mas DeeIl Htdpeu upOl Ic
because more time was devoted by me to
denunciation of Parker than of Roosevelt.
The reason is obvious enough. Roosevelt
is a straight-out republican, who declares
boldly for republican principles, defiantly
defending existing conditions. To attack
him is short, easy job. He is so con-
spicuous and stationary a target that no
one who wishes to take shot at him could
possibly miss the mark. He is not in am
bush; he is behind no blind: he stands
out in the open, and he says to his enemies.
here 1 ana republican who stands pat
on all existing conditions; If you want to
fight, come on! Now, 1 can understand
republican like that; and, while 1 would
love to make my battle-ax ring on his
helmet until one of us went down in polit-
ical defeat and death, yet / could respect
him all the while, as foeman worthy of
any mans steel. Mr.. Roosevelt will get
republican votes, and no other. He is not
seeking the support of Bryan democrats
upon false pretenses. He Is not playing a
confidence game on the negro question. He
is not attempting to win Jeffersonians by
sham adherence to Jeffersonian prin-
ciples. In short, there is no danger that
welt upon the assumption that he is JEFF
fersonian democrat. There is no danger
that Roosevelt will get a single vote to
which I. as Jeffersonian in principle, am
entitled.
with Mr.. Parker it is different. He is
not Jeffersonian democrat, yet he seeks
to secure the support of Jefersonians. If
he would speak out plainly and tell the
people that he is in principle the same
thing, practically, that Roosevelt is, the
Bryan democrats would fall away from him
by the million. I would then be enabled
to organize such a party of revolt against
the republican rule as would sweep the
country. His attitude is thoroughly dis
ingenious, profoundly lacking in true man
hood and leadership. He was willing to
stand upon the New York state platform
which Mr.. Bryan denounced as dishonest
platform.
Roosevelt Stands in the Open.
Roosevelt stands in the open. and dares
Parker defahtly. almost mockingly; and
Parker meekly stays out Of the fight. In
his formal letter of acceptance he says that
he takes up the glove thrown at his feet,
declaring that he will revoke that pension
order No. IS. But in the same breath he
hastens to admit that Roosevelt did precise
ly what he, Parker, thinks ought to be DONE
If elected, he, Parker will at once have
Congress do what Roosevelt has already
DONE Heavens! What a meek warrior
is this! Roosevelt did the right thing, but
not In the right way, and If you will elect
me President 1 will do the same thing il
the proper way Did any nominee ever
seek the presidency on that kind of a plat
form before?
IF protection be such excellent medicine
for the masses, why not compel the manu-
facturers to take 1t. too?
u IN other words, why not have a system
and stick to it? If protection is right. it
should operate on all alike. If free trade
is right, then the manufacturers should NOT
De the only ones to get it.
" The peoples party is helping the re-
publicans,' cry the democratic leaders. If
these leaders had not abandoned their own
platform and given over to Wall street,
we could not have hurt anybody. AS long
as the democratic party pretended to he
popuilst IN principle the popuist Darty
could not do business. Too many of our
men men were oupes OF the fraud. The moment
the oemocratc leaders dropped our plat
form we seized upon it again, and we be-
gan TO rehabilitate our own party
If he Were President.
If 1 were President, 1 would recognize
that capital and labor have reached a dam
gerous antagonism. My utmost influence
would be used to establish a national bu-
reau of arbitration 1 would ask combined
capital to choose one man, union labor to
choose third, and 1 would myself as chief
magistrate, choose a third. Such a board
or arbitration should have jurisdiction over
labor troubles and would become power of
good.
The peoples party favors the election of
all officers by the people. For one thing
this would bring the federal Judges to their
senses and take out of their inflated souls
the Idea that they are earthly editions of
Jehovah. The life term in office is so UNI
democratic and so inherently vicious that
it Is a matter of establishment that our
forefathers established it, 1t is safe to say
that they failed to realize the evil
when our party was first founded 1t de-
clared that the necessaries of life which
the poor must have to live should not be
subjected to tariff tax and that no mans
industry should be built up at the expense
of another. These principles are surely
sound and democratic. They are expressed
In almost the exact words of Mr.. Jefferson,
xraS a of national
ton upon luxuries in which the poor man
need not pay any national tax at all.
II accept the nomination rendered me and
indorse the platform upon which it is made.
In this campaign when plutocracy has cap