Manchester Democrat. [volume] (Manchester, Iowa) 1875-1930, 1907-08-21
Wall Street and Southern Candidate

Wall Street is doing all in its
power to induce the democrats of
the south to insist upon the nomi-
nation of Southern man for the
presidency next year. But Wall
streets object is well understood in
the south, and its bait has no temp
tatior for the people of that section
OF. the country.
The New Orleans Daily States
seems to understand the situation
perfectly. We extract the following
paragraphs from a. recent editorial
in that paper and commend them
most heartily:
"Just now there is good deal of
talk about nominating southern
man for president. But it is not
sincere. 1t has its origin in the
quarter which has long received the
South's favors in national conven-
tions, and is expecting more of them.
All the South is really asked to do
is to withdraw her preference for
Bryan, and leave it to the men who
have for long been naming the can
didate to name the man for next
year. Wall street does not want a
Southern man in the White House,
and would not aid in an earnest ef-
fort to put one there. Such man
as Judge Gray, or Mr.. Daniel, or
Mr.. Culberson could not be pulled
and hauled in Office to answer to
Wall Streets purposes"
There is not the least doubt that
the movement for the nomination of
a Southern man had its inspiration
in Wall street which is no mean
hand in playing the game of nation
al politics. The calculation was
that the South would eagerly take
the bait and in the enthusiasm
aroused by the opportunity to place
one of her own sons at the head of
the Democratic national ticket Bryan
would suffer political death, re-
dictionary Republican would be
nominated and elected, and the al
lied monopolies would again take
full control of affairs at Washington.
To the predatory interests repre-
sented by Wall street Bryan is a
terror incarnate and his political
destruction a contamination devout.
ly to be wished and if possible &C.
complished. Wall street knows
that if Bryan is nominated by the
Democracy next year and his op-
ponant is a reactionary duly certi-
fed to be Safe and sane" the DEM
ocratic ticket will sweep the country.
Therefore the only hope the Repub-
lican party would have for victory
would be in the nomination of a
radical Of the type of LaFollette
who could be relied on to devote
himself to the work of reform that
the people are determined shall be
done. The prospect that the dear
old" days of plumber and graft are
passing beyond the hope Of restora-
ton is very distressing to monopoly,
hence the movement to dispose Of
Bryan by nominating Southern
man who could be easily defeated
on the negro question, the revival
of sectionalism or other issues that
could be invented for the campaign.
The fear that the course Of events
will spell the election of Bryan is
ever in the mind of Wall street, for
it knows that should he become
President his administration will be
distinguished by genuine and ef-
fective regulation of monopoly rath-
er than spectacular displays of the
"big stick" and buncoism. There
is not the least doubt that the
Washington Star is we'll within the
truth when it says that the move
ment for the nomination of South
ern man is not for the purpose OF
supporting him, but to make cer-
tain the election of a republican
agreeable to "the interests" because
with Southern candidate in the
field party necessities would not re-
quire the Republican politicians to
nominate man of radical views.