The watchman and southron. [volume] (Sumter, S.C.) 1881-1930, 1906-10-17
ROOSEVELT ASSA|LED.
CASE OF DEMOCRATS AGAINST
REPUBLICAN ADMIN
INSTRATION.
Tariff, Trust Contributions to Election
Funds, Insurance and Department
Scandals Dealt With.
Democratic Campaign Book.)

The Democratic campaign book,
makes severe attacks upon President
Roosevelt, evidently accepting the
statements C Mr.. Cannon and Mr..
Taft IN the Littlefeld campaign that
the President was the real issue this
fall.
The first part Of the book is de-
voted to the tariff, to demonstrate
that goods made in America are sold
abroad cheaper than at home, that
wages have been reduced, and that
: the tariff is the mother Of trusts. After
8 that it gets down to the life in
| surance scandal. It quotes Judge
Parker's charges in 1904 that the
President had appointed his private
secretary to- take control Of new
Government department which was
to collect information about trusts;
s.that that secretary had then been
9 made Chairman Of the National Com
nfttee, and that as a. result the COM
mittee had an "overflowing treasury. !.
1t next quotes President Roosevelt's
statement that There IS not one parti-
Gle OF truth in the statement" Then
comes Parker's reply:
He is in a position to know what
scontributions have been made to the
Republican National Committee by
the trusts; IL there have been no
trust contributions he could easily
have said so. He has waited until the
closing hour Of the campaign to
make easier the pretense of an ans
:wer. But 1t is not an answer 1t
is a confession with a plea in avoid
ance addressed to a kindly and gen.
~erous people.
Continuing, the campaign book in
capital letters, makes this assertion:
~ Judge Parker received from one
who knew the names Of the few who
undertook to underwrite the cam
paign. but the names were given IN
confidence and he respected that con-
fdeuce. The charges were made by
him. not at all with the idea that it
would influence the result, but be-
cause he believed that such practices
must end or the Republic will soon
5e one in name only. Such public
interest as should bring about in
vest;gation of the contributions OF
insurance companies, banks, trust
+ companies, railroad companies, ard
slant protected interests vas his
aim
Under the heading The Proof,
the book quotes from John A. Nc,
Calls testimony before the Arm
strong Committee that his company
B had paid s4s,oeo to the Republican
COMMITTEE. Walter r. Gillette's
testimony that the Mutaul paid about
$4,000 and James H. Hyde's testi-
nony that the Equitable paid s5o,-
0eO. This comment is made:
The report Of the Armstrong Com
nittee, published since Mr.. Roose-
made these sweeping and ap-
parently impassiorel hut really Graf
ty denials, proves that Parker spoke
the truth, and Roosevelt was mis-
taken when he said the charge was
s.unoualifedly and atrociously false"
Another division Of the book is en-
titled Department Scandals 1t
says:
In the Treasury Department we
find the Secretary neglecting the du-
ties of his office, travelling about the
country making speeches for the
.stand-patters and carrying on cam
paign for the Presidential nomina-
ton in 1908, but still drawing sal
.ary which he does not earn and set
ting a bad example for his subordi-
mates. In the office Of the Controller
@of the Currency there have been nu-
merous scandals in connection with
negligence or collusion of Bank In
.spectors. The officers Of some of
these banks have practically loaned
to themselves under one subterfuge
and another the entire assets, de-
A.posits and everything else, while the
ezinspectors, either through ignorance
~or fraud. have reported them as
sound. One or two cases Of recent
date will illustrate this point. Let
rs take first the Walsh banks of
Chicago.
The book then goes into details of
the cases OF these three banks, saying
among other things:
Both the State law and the Fed
era1 law provide that no bank shall
lend over 10 per cent. Of its capital to