The Daily Ardmoreite. [volume] (Ardmore, Okla.) 1893-current, 1907-08-26
The POLITICAL INCUBATOR.

Tn. speeches Of Secretary Taft
and President Roosevelt are, OF
course, the chief political news. As
the American people like their poll
tics at frst hand, 1t is hardly worth
while to spend time botheriug with
what Mr.. Taft says when ~e can get
1t hot from the griddle from the real
oracle himself. As the president has
been silent for such a long time-for
him-what he now says has no doubt
been carefully considered, and must
be taken a. expressing his deliberate
policy in dealing with public Affairs.
one of the most extraordinary state
ments ever made by president OF
the United States II President Roose-
yelts declaration that he should en-
force the law against rich and poor
alike A. that IL the sworn duty OF
all presidents. II should go without
saying The effort OF politicians and
fnanciers TO induce the president To
say something reassuring' seems to
have had effect for he dec red that
W. have undertaken and will under.
take no action OF yindictiye type
and above all no action which shall
iniict great or unmerited surerirg
upon the innocent stockholders and
upon the public as whole. This
was taken by Wall street as meaning
that the administration would not
run amuck' and railroad and trust
stocks closed AZ substantial advances.
But President Roosevelt is a consum.
mate politician. so for public consump
ton he berated certain malefactors
OF great wealth and said. they had
combined to bring about as much n
nancial stress as they possibly can In
order to discredit the policy OF the
government" who did the president
mean? Was II Rockefeller and Har'
riman, or the bankers. As Mr.. Roose
welt has always been well disposed to
ward the money power, and has Writ
ually allowed the frenzied fnanciers
to dictate the policy Of the United
States treasury. ne could hardly have
had che bankers in mind, although
II IL known they are advising le
up In business and are refusing loani
to their legitimate business rustp
mers. The financial trouble that pre-
walls Is mostly In consequence o
the republican policy OF finance ant
always helping Wall street when II
trouble and In this President Roose
welt follows the bad example OF hi
predecessors.
The talk OF Mr.. Bryan's friends tina
the suggestion by democrat OF
southern man for president come
from Wall street influence Is hardl
borne out by political conditions. Th
republicans have always had the SUI
port OF the Wall street element sine
that party was able 20 elect a pres
dent. In return the republican part
has legislated In the interest OF tn
,
corporation. II occasionally II ha
been necessary 10 appease the voter
by enacting legislation against IN
predatory interest there has alway
been left loophole in the law fo
the corporations and monopolists
continue their eStortion, or escap
: punishment. Thus the Sherman ant
=, trust law and the railroad rate bi
, have accomplished nothing for tn
!. people, and the on'y real relief al
!, penrs from state legislation and this
a the republicans and their Wall stree
allies are trying 10 nullify. Ther
, is no prominent democrat named as
prospective candidate for prcsiden
either from the south or from III
, north. that Wall street could dom
nate. Wall street may not just lin
:, President Roosevelt. but 1t would tak
him or Secretary Taft with avidi'
rather than any democrat that ha
=. been seriously mentioned.