The Idaho recorder. [volume] (Salmon City, Idaho) 1886-1927, 1907-11-14
.b0RAH' s
OPINIONS !.
he Thinks the Financial Furry,
Which Started in New York
viii Soon be 0vel--WeSt
In Good Shape.

United States Senator ". y. Rufah
Of tolse, Idaho, stepped OF In DEN
yer for two hours, on his WAY 10 I'M
uois, aud from there 10 Washington.
where he goes ON accuunr % hnsl-
less connected with the coming ses-
sion of congress. SAYS the Denver
| Times.
Senator Barah expressed bis ahid-
ing faith In the ability OF the vest
10 weather any financial gale which
might be forced upon II by the east,
and said there was no evidence of
any nndue excitement Ia his state;
that the great prosperity OF the west.
ern states would carry them through.
and that the people had confidence
In the financial institutions In this
section.
II do net nee how we can he affect
ed In any way said the senator.
at Is quarrel which originated la
New York, and II will undoubtedly
have to he settled there, The iiran.
cial institutions Of the metropolis
made their greatest mistake when
they refused TO pay cut money. That
resulted Ia the west being dragged
Into the affair. Had the eastern
banks continued to dlsburse money II
}. might have resulted In few OF them
going under, hut the country woulsi
have been better OF, for The concerns
" which would have suffered were those
which never had any legitimate
" right for living. They were founded
on wildcat schemes, and the soonel
= they went TO the wall the better OF
We would he.
II do not look for the present con
ditions 10 continue long but, the.
T. may have the effect OF making tn
coming session of congress pass meas
! ures 10 give as more elastic cnr
rency. | do not expect any hast
70 congressional action, however, atV
" anything that Is done will be aIon
h the present monetary lines. q
r not take seriously the sentiment tina
n the disturbed conditions will fore
q the country TO turn 70 bimetalisi
y as remedy. We will weather th
~ financial situation ali right mithou
r. that.
Is "'rhe cashiers certificates whic
sc your bankers propose TO issue ha,
be already been adopted IN nay stat
en- with satisfaction to all. They kee
I'd business moving, and are general
IL accepted. would not be surprise
he to see the government take steps
he protect these issues Of Hat none
he from being eounterfeited. IL Nigh
Ie. not be within the province OF d
OF government 10 do this, but sou
he way might be discovered TO suppol
no this new currency.
81 do not look for the present Ilnrr
lei To upset political conditions, unlei
all IL Is long drawn out II IL contii
AZ. ues at great length the repubiicsl
an party, being the party In power, vi
-, surely have to suffer. That has a
a.. ways been the history OF these a
n. fairs. II President Roosevelt sticI
:, TO his determination to not accel
ha another term. as believe be vii
NJ II will mean the nomination OF eth,
an Taft or Governor hughes, Of Ne
York Both are able men, an
either would make an ideal chief e,
eeuLive. | consider Folk OF Nilsson
,d as being the strongest possibility
in the democratic party. He is MA
as OF ability, has al the qualification
:, for the Office and his position on n
an form questions has net with the IL
"a don senent Of tile people. 4"