Manchester Democrat. [volume] (Manchester, Iowa) 1875-1930, 1906-06-06

Cooley, who Is generally recognized as
an authority on constitutional law,
said : 1T is not In the power of the
State, under the name of a bounty, or
der any other cover or subterfuge, to
:. .rnish the capital to set private par
ties up In any kind of business, or to
substitute their business after they have
entered upon 1t"
Does the End Justify the Meansf
Mr.. Secretary Shaw'ss circular ex-
planning. why he loaned the gold of the
United States treasury to certain banks
In New York without authority of law
has called forth from Rockefeller's
bank an earnest and elaborate defense.
-Disregarding all legal and equitable
considerations, the bank bases Its de-
Tense of the Secretary of the Treasury
on the ground that Eve (the bankers)
were saved a strain that might have
been extremely serious" In other
words, the argument is that the end
justifies the means IL any. advantage
results to the banks, whether the
means per Sc were lawful or unlawful.
good or evil.
Mr.. Shaw's excuse for lending the
governments gold without interest to
the banks was that "the money would
be Immediately used h the engage
ment of gold abroad for shipment to
the United States;" and the Rookie.
Teller bank says that 1t resulted in ad-
vantage to the favored banks, and was
therefore right and proper. Mr.. Shaw,
backed by the President, has again
and again granted special favors Of
this kind to banks In New York.
The statute which authorizes the de-
post of public funds in national de.
positories does not contemplate the use
of public money in n bank to save II
from a strain that may be extremely
serious" by enabling 1t to engage gold,
silver, or copper abroad for shipment
to this country. All 1t designs Is the
of the money. To use that
statute as an excuse for granting
bounties, In tine shape of enormous
4 rs without interest,", to banks that
tie to campaign funds, is erlm.
lnafs Sc Of power which would re-
suit irsehe Impeachment and punish.
ment Of the offendertif his party were
not Indirectly a beneficiary of xthe
abuse. But the Idea now is. that what.
ever helps the party in power to gather
corruption funds is rieht-that the end
justifies the means. There Ia no crime
that may not be turned into y,rtne
upon the same principle: vet that Ia
the cardinal principle Of the nresont
administration. The Presidents scheme
of confiscatinR oyerprown fortunes and
all other fortunes rests mon tho on mo
principle. II Won can rtphtfnlIv onnIa
public money. to private uses without
lust comb ,nsation. ION NAV With aoroi
propriety Iapply Mi nriva,e nronarta 20
public uses without INV comnansot,on
ShawiA nd Roosayeitisn maat ana
minelY In the definitions az ,ybot h..
been f..rmed robharv ond ono.o,,n
- -. =.
MI. o.,.,.N. o...
- A"s5 Aaileu 70 impress
- popristy VI neees-
1 ~, ~ s - a.s ieeei' pet REFORMS.
! nat,ana, l,ns,,sssa se ne ~,
c,orv oon,n,,ttaaa - az ne JUL
isha,, th,s s,,aaos+,s. npus. ue,no ".
tha nnas,dan.,s ~. sno"s ti'al
90 n,anstna,,.s ,,os. a nav aol Us Dasls
o,,r, ,daa, s.sto,,, ~ - NV, 20, "
tho nras,dant nhonso, LII ms.
sent = sneciaI MESSAGE - oonaras, ~.
ing the establishment ~ mn insuronea
bureau for the District Of C,olnmh,. in
the Department. of commerco ava -
Dor, and endorsed n so.ca,lad ..moda,
insurance law. ,ntrodncad hv M "A.
ans of Massaci,nsatts Nov !, en-.
department. can have notb,nc - a.
with insurance outside ~ tba .n,str,ot
of Columbia. why shorld - mada,o
with the subject within the distr,ct9
WHY Mace one branch cf tbe nun,o,n.i
government under \. cabinet oeBoara
There ia no reason for ~ evoent 90
one public man sovs .,rbo+ tho nr.s,-
dent feels that he mist forca +bro,,sh
congress- some SORT, ~. ,nsrr.noa ,aais
lation In order to sova h,s nrast,so % !.
and r. he con,t rot n,,dd,na ho,,I .e,.,,
plain ME. In 'hIs nb,losonty n IL
better ia seem 10 do a thine thor - A.
ito seem to Give a snnoro daa, thaD NV
TO give n. And GO lone as tho ratan.
don't see zthe hoax tha nrss,dant M !.
nonu,ar tf not ;,o,yore,,I =
~, -, .
Ie,rasla =. s.a - ING "stter'
aa.... =. ~ Sc ~ ioMa were not
,s',,,s -. 49,. eass, :. Wouu .lol
a.,.s..,,...'. 49,, 10. ~ sun ol u,u' ou'
t,an s,,.a Ing me- .'o.sanl o,clai posi-
aanr noon,a c.. H. awe.sne WIN
inc 5..hnd .hreakss, mud, HI. Iatast e.
mas must hive stirred the irnarla1 1 -h,,a
Of the White House antocret tn Tho
noint-or breaking the hie sticL oyar t,,s
head Of the culprit In His snoooh ~
the graduating class or the revan,,a
/ tier service this cabinet ot,lcer sa,d :.
wrhere is nothing Tint w,lIstoLo 40
native capacity out o. 4 man M nnicL !
IL 40 ,e,nn,ovman+ IL eonr h,o,o,, - a..