The Montgomery advertiser., 1907-11-25
Lsfssss to The Edits,
The Drianiuts Take Up the Gage. Editor The Advertiser.

Editor The Advertiser;
 n ts morning pSEsr paSpsrs pTay sppsagfs of the out ths Interesting news that there hae been effected at that point DO.
 nttcal organization for the ayowed soie purpose of defeating MT. Bryans nomination for President by the Dem- ocratg<next year. Signed to this pro- nunciAmento are the names of perhaps sbe leading men of Jefferson County.
 riiycy Sass sd no s candidate n View have formulated no platform, have no specihc objects of positive nature for accomplishment. and seem to be Gisy isaT oy oy n sysn. nom nation. Strangei With them the usually important question of 2 na- 1@,onal @ party victory cuts no hgure. ssome other man and consequently party. Their political task will be iabors and apprehensions when they have defeated MT. Bryan for the nomi-
 Tlfe question of whom the Republi- these gentlemen. Oh. no! Roosevelt may receive the nomination for a third term--LaFollette, the reformer, may win it--Taft. the Great Postponer, eating South-hater, may achieve it.; but not one of these contingencies ruf1es the serenity of this excellent
 snteSt % oassr For evsa would stand a chance t6 win.
 These gentlemen realize that if MT. stand q splendid chance to be elected. If they did not realize this. they would take no Interest whatever in the Dem Sfratic Sis d;.a nomination. Mr Percy avows the lily white movement of few , years since--an effort to organize a respectable Republican party in Ala 2 party would have W sformidabie issHd ide' back. @ ing in Jefferson County. But MT. Roosevelt squelched the lilly whites" and many of those who desired to join willingly numbered of the Democratic household simply because they have no political home of their own choice. or seushsrn PmaS for pus the pemocratic nominee. some good, clean man like Culberson.sor Williams. A A good; clean Western man will not do. ously support as the Democratic nomi- nee r some southerner pledged to tariff They say Mr. Bryan.s nomination progress? Are we progressing out of the panic or progressing farther inf Is this MT. Bryan's panic? Has he been iongsrS Put 1t i stronger, % was was me he charseable with the panic of 1893 be- cause he was simply nominated. three years after that date, If MT. Bryan pafics, whose administration should ,o MT, Ecoseyeit's, nor to MT: McKin- ley's nor to MT. cleveland's, then you must adpit that such crises are not to be charged to politics at all. Ergo, let your hearts be unafraid, gentlemen, for while 1t Is in the stars that MT. writing he has not brought any panic
 During MT. Bryan's administration Rascals will be turned out of high places; favoritism will receive a final 'quietus: unjust laws will be repealed: dfscrlminadions ots z, and & rebstes at VIII be whereby both the producer of the raw material and the consumer of the fir- ished product will be benefited; fidel- lations between capital and labor will be brought about; and, above all, the national policies will once more be brought into alignment with the Con stftution of the United States, with the traditions of the lA,nerican nc ople ence.
 appear on the roii of the Anti Bryan Club are personal friends and have the earnest goodwill of the writer, and nothing is said in the foregoing as re- or sood cit s HoMever intesry on poi itics we divide and agree to disagree.
 Now, the Bryanists challenge each and every gentleman named on said list to state for whom he voted for President In each of the years 1S96, 1900 and 1904. You will be called on, gentlemen, and each of you is a man of his convictions and will not be
 R. H. Greene.
 State Bank Issues.
 Editor The Advertiser:
 New York is considered. and is. the money center of this country. It is in that city that the Southern banks xeep large balances to meet their sales of exchange: and while Chicago shares New York. even as to Chi caeo, is regarded as the real center.
 The present trouble. while it has been maturing for quite while. began in New York and the Clearing House" in New York was the first city to issue certificates.
 The banks in the South and West were entitled to a return of their bal ances, no matter what the condition their own depositors The balances did not belong to those hanks or their de- positors. and good faith demanded their prompt return. They were not return ed. and thus the great financial center or this country was guilty of palpa.-
 But 1t has not stopped here. The United States government recognized New York as the great distributing point of the country in,a-1nancial sense. and in order to meet the pressure upon the banks of that city and of the whole country, deposited millions of gold in New York banks. It was absorbed by those banks and utilized for purely local purposes. while the West .and which to move the croDs. and with the most depressing effect upon these staple productiSns which the 5snfs thds IS sded tnot not only still retained the balances due other banks. but actually let ont vast amounts to influential speculators--one being specially, named who obtained several millions with which to buy il Southern railroad. This line of conduct was a direct breach of faith with tho Government of the United States.
 Furthermore: The Treasury Depart ment offered to relax Is rules so as to bonds as basis for circulation
 IL Is said the currency could hc irn- medtately augmented by over two hun- dred millions of dollars if tho grea' hanks at the financial centers would avail themselves of the. privilege thus extended. but that they decline upon some small pretext or other.
 AAd finally: Every ship that reaches our shores comes laden with gold buf to no purpose. It seems to make no ter of fact it very much appears as If a gigantic trust existed to put up the