The Logan Republican. [volume] (Logan, Utah) 1902-1924, 1907-11-23

He strikes the Gouds, the Rockefel.
lers, the Morgans and the anti Roose-
welt Republicans generally with a
battleax, that cleaves down to their
very boots. Here is the opening sem
tence Of his latest editorial:
when the game opened we were
all on the alert and our com ined com.
mon sense vas too much for the free.
hooters, but as time passed vigilance
began to browse aud they almost got
the better Of the public"
Soon he reaches the Wall street
troubles and then he does not hesitate
to proclaim that the panic there was
made TO order; that II was q trap set
to be sprung, etc. But this part of the
editorial is more graphic In itself than
any recital can make 1t. This IL what
the editor says:
There was step 10 the plot where
they caught the country mapping.
The Wall street panics, made to order,
having failed to brighten anybody, 1t
became necessary to set trap. Big
interest rates were held out as bait to
lure the money Of the country to New
York. The bait took and thither the
money went. Then the pirates set up
their chorus:
YOU'RE 10, little mousie, but how
to get out Is . very different ques.
tion."
wall street got the money Of the
country and Wall street kept 1t.
"The bangs Of the west we're literal.
ly disemboweled. Nobody feared
trouble. Why should we not profit BY
the necessities Of the eastP So We
pro6ted by them. Then came another
Wall street furry and failures and
rumors Of failures. The Knickerbock.
er Trust company went down. 1t went
down just In the nick Of time to serve
the purposes Of the pirates, and since
they controlled 1t one can easily dis.
Germ the reason for its failure.
Confidence throughout the country
began to totter and here the west
awoke to the fact that its credit hung
10 the air. There was no cash to base
IL upon. The cash was all In the
vaults Of the freebooters. 1t was
exactly where they wanted it and we
soon learned that they intended to
keep it there"
The editor grows warmer and warm.
er on the scent as he pursues his
quarry.
He insists that the anti. Roose Welt
financiers Unanswered 1t all on Wall
street to start a run on the inland
banks. Their purpose was to bring
disaster upon the country and. all
they were to gain by 1t was to make
Roosevelt odious and destroy his in.
fluence in his party. The editorial
closes with this ringing arraignment:
"This last blow of the freebooters
at the President and The nation was
well prepared and skillfully delivered,
but II we keep our heads we can parry
1t as we have the Others. The cues.
tion Is: Are we going to keep our
heads or shall we fall into a panic and
play their game for them?"
Whether these charges are justified
In their entirety the Times does not
know, but 1t doesn't question that the
great financiers, some Of whose plans
were frustrated by the Presidents
maEly stand, were willing that tight.
ness Of the money market should pre-
vail and sluggish business replace the
vitality and profit with which it had
been moving. But they invoked a |
spirit they could not control, and the
conspirators. except a few of the very
biggest Of them, have been caught
and crushed In the ruin they intended
for others.
The country at large has been lit.
tie Inconvenience by the plotters,
and its business has somewhat slack.
ened, but the country is only now
resting on its oars and all its mighty
powers are at work to bring back the |
confidence that Wall street has weak |
ened.
With that restored and the hun. |