The Farmville herald. [volume] (Farmville, Va.) 1890-1934, 1907-11-01
Interesting Washington Letter.
Washington, d. c., Oct. y, l9'
Special Correspondence.

AIINAAeA NNAaA~
The return Of the President to Wash
ington was the signal for many OF the
cookoo Republican statesmen TO show
M at the National Capital and receive
instructions how to thwart the reac-
tionaries on the impending faclional
fight when Congress meets. As Dom
4 les are adopts in Strategy and the
distribution Of spOils, there Will be
much pulling and hauling before the
average Republican Congressman daIes
TO take sides. On the other hand Will
ne the President with his postoilices,
internal revenue officers and other APP
pointments, and all the vast power for
coercion that the chief executive Of the
United States possesses. On the olher
hand will be the Speaker OF the House
Of Representatives, who not only ap-
noints the committees, but has power
IN hinder or hasten any bill, and sole
mower TO a, cord recognition TO those
only who it suits him to. Added To
the power Of the Speaker is the distFl-
hutton OF the House offices to be filled,
some hundreds of them, mostly with
LARGE salaries and but little labor to
nerform. Nor is this all, for the Re
publican Congressional Committee Is
the official holder of the "dough bag
and can distribute or withhold to can
didates the contributions Of the cor
porations and protected monopolie'
that are so necessary for use in the
close congressional districts. With the
Presidency aud all the spells OF ONCE
and the enormous corruption fund Oh
the party at stake, the fight VIII be
bitter and prolonged. 1t must not he
understood that those Republican
statesmen will openly fly at each 9th
ers Threats, far from it. On the face o..
things they will be most suaye and
polite and "the gent eman from Ne"
York" will appear anxious and willing
to serve his friend, "the gentleman
from Iowa. while secretly cussini
him as a traitor to his party and III
principles. Such is the present ouilool
for the G.. o. p.
The panic in Wall street was foretol'
3 in this correspondence some month";
ago, so it is to be hoped that no Demo
crat has suffered. The whole miser
able business Of watered stocks an'
frenzied fnanciers has been brough
about by Republican legislation pro
tecting the trust and the lack Of prope
laws to protect the people. The boast
: ed prosperity in Wall Street was THU
veneer, covering the rotten condition
that have prevailed. Without the gov
E eminent deposits Of nearly loO,OOOON
, the National Banks would have bee
= hard pushed months ago and still th
I peoples money is being poured int
the same rathole to try and stem tn
tide of distress. Money loaned for
, per cent on October 22nd, and Tn
banks even at high figures were refus
ing Accommodations to their customers
Many legitimate business houses ar
thus compelled to curtail their trans
a actions, and lines Of deposltors are re
S fused their own money by banks an
o trust companies which had fallen int
= the hands Of mere spectators. Tn
Republican Administration has bee
boosting this rotten condition Of affair
, for fear that a panic would hurt tn
o party. Now the panic is come, IN
~ Secretary Of the Treasury posts over
New York, and is In conference Wit
' the Wall Street bankers and expresse
himself as prepared to 20 to any lengt
TO assist them. At the same time IN
$ President is declaring that he stand
I firm for the exposure and punishment
4 OF evil doors, while Mr.. Cortelyou
5 dickering with the frenzied fnancier'
y With this panic on their hands am
general business depression impend
o ing. and the factional fight in the rank
!. Of the Republicans, comes the Demo
cratic opportunity to obtain control @