Saint Mary's beacon. [volume] (Leonard Town, Md.) 1867-1983, 1907-11-07
WASHINGTON LETTER.
prom Our Regular Correspondent


Washington d. c., November 7, 1907.
The return OF the President to
Washington will be the signal for
many OF the cOokoo Republican states
men 70 show I'D at the National Capital
and receive instructions how to
thwart the reactionaries on the i'm
pending factional fight when Con-
gress meets. AS both sides are
adopts in Strategy and the distribu-
ton OF spoils, there will be much
pulling and hauling before the aver
age Republican Congressman dares
TO take SIDES. On the one hand will
be the President with his postoffices,
Internal Revenue officers and other
appointments, and all the vast POI FER
for Icoertion that the chief executive
Of She United States possesses. On
the other hand will be the Speaker
OF the House Of Representatives, who
not only appoints the committees,
but has power TO hinder or hasten
ANY bill and sole power to accord
Recognition TO those only who it
suits him TO. Added TO the power
Of the Speaker is the distribution of
the House offices TO be filled, some
hundreds Of them, mostly with large
salaries and but little labor to pre-
form, Nor is this all, for the Repub-
lican Congressional Committee is the
official holder Of the dough bag"
and can distribute or Withhold TO
candidates the contributions of the
use in protected monopOlies
that are necessary SO for the
close congressional districts. With
the Presidency and all the
spoilS Of Office and the enormous cor
ruption fund of the party at stake,
the fight will be bitter and prolong-
cd. 1t must not be understood that
those Republican statesmen will
openly fly ut each others Threats, far
from it. On the face Of things they
will be most suave and polite and
the gentleman from New York"
will appear anxious and willing to
serve his friend, the gentleman
from Iowa" while secretly cussipg
him at a traitor TO his party and It's
principles. Such is the present Qua
look for the G. o. p.
The panic in Wall Street was FORE
told in this correspondence some
months ago, so it is to be hoped that
no Democrat has suffered. The
whole miserable business of water
ed stocks and frenzied financiers has
been brought about by Republican
Legislation protecting the trusts and
the lack of proper laws 20 protect
the people. The boasted prosperity
in Wall Street was a thin veneer,
covering the rotten Conditions that
have prevailed. Without the gov
eminent deposits of nearly $3.50, 900,
900, the National Banks would have
been hard pushed months ago and
still the peoples money is being
poured into the same rathole TO try
and stem the tide of distress.
Money loaned for 20 per cent. on
October 22nd, and the banks even
at high figures were refusing accom-
modations to their customers. Many
legitimate business house are thus
compelled to curtail their transac-
tions, and lines OF depositors are re-
fused their own money by banks and
trust companies which had fallen in
to the hands of mere spectators.
The Republican Administration has
been boosting shis rotten condition
of affairs for fear that panic would
hurt the party. Now the panic is
come, the Secretary of the Treasury
posts over to New York, and is in
conference with the Wall Street
bankers and expresses himself as
prepared to go to any length to as
sist them. At the same time the
President is declaring that he stands
firm for the exposure and punish
ment of evil doors, while Mr.. Cor
telyou is dickering with the frenzied
fnanciers.
With this panic on their hands
and general business depression
impending, and the factional fight
in the ranks of the Republicans,
comes the Democratic opportunity
to obtain control Of the government.
But there is also fly in the Demo
cratic ointment that may prevent
success. Unless the party can
agree upon a candidate who will re-
ceive the cordial support Of the dis
cordant elements that has defeated
it in the past, it will again be un-
successful. TIE result of the pre-
sidential election depends upon the
vote of three or four dou btful States
such as New York, New JERSEY,
Maryland. Rhode Island and Della
ware, and it is essential that the
ticket must be satisfactory to Demo
Gratis and Independent voters of