The commercial. (Union City, Tenn.) 190?-193?, 1907-11-15
OUR EXCHANGES.

1
The 1898 panic was laid at door OF
, the Democratic party. The 1907 panic
is attributed to wild speculation =
Dresden Enterprise.
-
Don't sulk or croak; now's the time
above all Others to work. remain firm
and stand to the rack. The sun shone
brightly yesterday and there is no
reason to doubt but that it will shine
again tomorrow and thence on and
on. Be man, deal squarely on the
level and everything will work out
fright. Times are improving; make
them better by doing your best.-
Murray County Democrat.
| Even his enemies are compelled to
admit that Hon. w. J. Bryan showed
true magnanimity when he refused to
attribute the financial crash to Presi-
dent Roosevelt Yet, when the panic
came during Cleveland's adminstra-
tion the entire blame was saddled up
on him by his enemies. Cleveland was
never charged with being responsible
for the failure Of crops. But then the
shoe was on the other foot. 1t may
pinch some now but the present Presi-
dent is not responsible. Obion En-
terprise.
Fair minded Democrats are not to
be misled by the impassioned criti-
cisms of men who are actuated solely
by one purpose, and having no definite
views respecting legislation for the
material interests of the State, The
Democratic party is responsible for
all the temperance legislation enacted
in Tennessee, and while advancing
this cause the party has not neglected
the care Of the multifarious interests
of the commonwealth. No one-idea'd
party could do so we'll.
When the Legislature passed the
La Toilette bill, it OVERRIDE the ex-
pressed will Of a majority OF the
people OF that town, whose voice the
lawmakers proposed to throttle to
still the clamor Of the extreme tenn
perance folk. liz his veto Governor
Patterson sustained the time honored |
Democratic tenet Of local self govern
ment, and permitted the will Of a ma
jority of citizens Of La Toilette to
prevail. Otherwise it would be |
government by the Legislature with
out regard to the wishes Of the people.
Gov. Patterson's position In the mat
ter was proper, and no good Democrat
will censure him for his eto.--Hick-
man County News.
One incident of the present finan-
cial furry is the attention that is
drawn to the fact that it is easy to
get funds of the Government over to
New York to take care of the banks
and business generally, but rather
hard to secure the same sort Of aid In
getting the crops OF the South moved.
While the situation In the East has
been saved, the price of cotton has
dropped of two cents pound because
of the increased cost of exchange. A
result is that the farmer loses. 10
fact there is a belief in the minds Of
the many that the panic is made
largely to break the price of products
and In the interest OF those who have
them to buy. But there will no doubt
come out OF it condition that will
be good for all. The bankers have
shown that they are noe only able
down South to meet every call upon
them, but have judgment to look
ahead and see trouble coming. In 1908
they let their vaults be drained before
they took precautions. Now they
have loads of money and have stopped
the outside calls In time TO keep II
where il Is needed. 1t Is indicated TO
the mind of the average man that this
sort OF foresight is safeguard TO the
If he knows there Is
money In the banks he Is easy, even
though he may not own Ii. or, owning
1t, knows that he can draw out only q /.
little at a time. States Graphic.