The Bennington evening banner. (Bennington, Vt.) 19??-1961, 1905-09-13
BRYAN IS HONORED
wish Him Bon Voyage az Ban
qust In Chicago.
DEMOCRACY vs.. CAPITALIZATION"
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81 me asid. ~ aSnsreAiss 80 nsht for
s~if aprsfnnsnt IL often made fof sons
particular reform without svosins the
re, ne. psspi'. sna -hhs"i ais' sssl,s
IT, those Who Ait.mp, 20 res,rict ~.
power % the people often n not always
make their nshi sndsr some mask. In
, ,hi, sosnW1 sp!Jss,non 70 VI ~ % .ss
NocarY u legislation. which removes au.
thofity from point near 60 ths p-ppis
70 rpne point nnor- remote from them.
This tendency 90 remoyr authority FROM
be described aa Capitalization. IL the
principles upon which ssif government
fesis are sound. then the people can bsst
s s.,,s rnSf. thsg af. d. ~ -sgsa,n,si
and With the PROPOSITIONS upon which
they arr 20 act. Every attempt o. take
authority away from a community and
vest It IN some power outsid. - N. com.
fidelity 60 the democratic theory % gov.
eminent Ia som" states IN" police
control Of the larger ciiies o. taken
nose cities aBd s@posl,.1 SI,s w. M s.w,
ernor Of the state. No matter on what
theory this n done IL IL not consistent
with confidence In the capacity Of the
people for elf government and n certain
weakening OF the power Of the people 10
control their own affairs.
just now public attention n being d.
rcctcd 10 the cncroachmcnts Of great cor
A tiOWN tho FlUlfa az hs
and the discussion OF remedies reveals the
fact that among those who really desire
10 effectively restrain corporations there
are two distinct elements-those who de-
sire TO enlarge the scope Of the federal
government and those who desire to pre-
serve the integrity and Authority OF the
several states. ] Invite your attention to
this subject because II is likely TO be the |
split unless there r. a clear understand |
Ing OF the situation. The Joffersonian |
Democrat would not take from the fed
eral government any power necessary 20
but he recognizes that the consolidation /
of all the government at Washington |
would be a menace TO the safety OF the /
p pa nm 1md woS ehdsh IN ihe petpetl
preservation Of the power OF both state /
and federal governments. recognizing in |
The constitutional division OF those pow |
IRIS the strength OF free government The |
imistlc when the dangers OF centraiiya-
ion are pointed out. He is not afraid |
hat any harm can come TO the American |
people. and yet no enthusiastic advocate
II Capitalization can talk long without |
Detraying his distrust OF the people In
'tead OF accepting the theory that the
people should think for themselves and |
hen select representatives to carry out /
hose thoughts they believe that repre-
ter ltlves are selected to think for the
people. and they do not hesitate to build
barriers between the government and the
'otere. While the advocate of centraliza-
ion Ia urging legislation which obliterates
tate lines and removes the government
rom the control of the voters, the mo-
lopolist may, on the other hand, hide be- |
and use this theory to prevent |
rational legislation which may be recess
AIRY. The Democrat who believes in |
Democratic principles and who wants to
preserve the dual character OF our gov |
rnment must be on his guard against
10Th.
There are certain things which the To-
ality can do for itself. and there are GER |
ain things which only the federal gov
rnment can do. Neither the federal gov
nor the local government should
'e sacrificed to the other.
The Investigation of the large life in
urance companies has led to the discus
ion of national remedies, and the advo-
ates of Capitalization are likely to seize
pon this agitation as an excuse for leg
lie insurance out of the hands of the
arous states. The Democrats sho.id
raw n distinction between federal legis-
alton. which IL slpDlpmpntal tn state ler- |