Bismarck daily tribune. [volume] (Bismarck, Dakota [N.D.]) 1881-1916, 1905-02-19

speeches l have been making to see
boz far shorksI came, pf the real CON
datipns that extst down there. And
an afraia md III not say it With
pleasure snd niignt regret having 70
say 1t IL regretting would do any good
that by, the time theepresidsnt gets
through with his fight against the rail-
roads Of this country he viii have
more material for q book on tie siren,
uous life than he has ever vet collect
ed. (Langhter.) have been! glad
that the democrats have stood with
him for my theory Of politics and o.
party leads me to believe that a man
can help his party best by helping
his country when the interests Of his
country and the apparent interests of
his party conflict have been glad
that the democrats and the republi.
cans stood shoulder to shoulder in
congress in the effort to carry out the
presidents Recommendations on this
subject. I have been glad to see dem
!ocratic states and republican states
giving him sympathy and support.
feel about this great fight that the
president has entered upon as was
felt in the fight at Santiago, that
there will be glory enough for all
when the fight Is over. (Applanse.) &
{ Must Fight Trusts.
My friends, you have to deal with
state matters. would not, If were
informed, attempt to discuss those
with. which you are dealing, but we
find certain conditions In every state
that apply to all the states. And
believe that it is the duty of those
with the responsibility Of legislation
upon them to take4up these questions
and deal with them from the stand
point Of the great majority Of the PEG.
pie. Down in Kansas they came into
contact with q great trust, and the
moment they did it they recognized
that the people Of the state were
greater than even the Standard OH
company; and when the challenge
was made by the company they &C.
cepted 1t and do not think there is
any doubt where victory will be when
the fight is through. Applause. }
When was in congress tried to Sc,
cure measure that would better? pro.
tect the depositors of banks. intro.
duced a bill for that purpose, prompt
ed by a bank failure in our town that
showed the inadequacies Of the exist.
ing law. The bill provided that when
a bank failed the comptroller should
take charge OF the assets and out of
a guarantee fund, which the bill estab.
lished, pay all the depositors in full,
and then clear up the banks liabilities
and with the proceeds reimburse the
fund. did not succeed in getting it
out OF the committee because they
told me If all the small banks were
safe it would hurt the business Of the
big banks. In Nebraska had a bill
introduced s providing "a guarantee
fund for state banks, and I thought
that possibly in our state itsmieht be
possible to make the depositors 81 the
state banks secure. But when the
bill came Up found u committee 81
national bank men there saying thu
n the state banks were made safe III
would hurt the business OF the nation.
al banks.
MY friends, l believe that now IL q
good time to make bank depositors So
cure in this country. Our laws in re-
gard TO- banking do not secure the
deposition and you viii find many ia.
stances all the time illustrating the
fact that the banking laws are such
that the banks make big profits when
times are good and then throw the
burden of losses upon the depositors
when times are bad. So when Won
come to any question that you have
to deal with you will find that on the
one side are the interests and profits
OF q few and on the other side the ii.
terests and profits of many. @
Protect Rights Of the people.
When you come to CONSIDERING
these questions it is not a question
OF democratic politics or republican
politics; 1t is q question Of whether
or not legislation will protect the
rights and interests Of the people. And
! hope that when there is no panic Ii
sight and when we see times are good
we will lay the foundation OF con.
tinuance Of prosperity you founda.
ton that will prevent another panic
as disastrous as the one we had q FEW
years ago. do not intend to tres.
pass long upon your time and good
nature. l appreciate the opportunity
tn 00Ynn into o0n<o ~ ,x,sxA - rs