The Marlboro democrat. [volume] (Bennettsville, S.C.) 1882-1908, 1907-12-27
RASPS TEDDY.
Senator TlIIman Takes President
Roosevelt to Task and
HITS RIGHT AND LEFT.

Words and Too Careful OF Hand
i uffs.--Gives His Idea of the Pan
ic and It's Eject.
i Senator Tillman one day last weel
In the Senate spoke OF his resolu
tions directing an investigation Of the
recent bond issues and clearing
house certificates, but he took occa.
sion to comment on a good many
matters concerning the financial af.
fairs of the country.
Il must confess have not studied
finance very much from the books"
began Mr.. Tillman alphabetically
my own labors in that direction
having been confined to my own ex-
penses."
Mr.. Til'man said he did not know
whether the criticism OF the chair
| man of the house committee on
banking and currency (Mr Fowler)
had caused the secretary Of the
treasury to halt in the issuance OF
bonds, but change Of plans seems
to have been made and he had not
been able to learn how much Of the
proposed bond issue had been put
out. He expressed the opinion that
the secretary had violated the spirit
of the law, if he had not violated the
law itself.
IF we are not in the midst Of a
panic, we are in the midst Of chill
produced by the danger OF a panic"
declared Mr.. Tillman.
The treasury, he said, has dump
ed" its money in Wall Street, and
the country has praised the patriot
ism OF j. Piorpont Morgan Gin aid
ing the country TO get grip on it.
self and not let everybody go crazy
and precipitate further loss and hor-
rors on the Country"
Speaking of published interview
with the president by Mayor Dahl
man, Of Omaha in which the prcsi-
dent is alleged to have said that if
ne was responsible for the panic he
was glad Of 1t as it had brought to
view the rotten conditions Of the
country's finances, he said:
81 fear that Mr.. Dahlman is in
imminent danger of Joining tho All
anias Club. Perhaps somebody will
use the telephone and find out about
that"
He said that he would not worry
many facts connecting the treasury
department, even the senate and the
house of representatives., with Wall
Street, that he was Obliged to re-
cognize them, especially as the far
mer. the cotton planter and the
manufacturer were affected. He said
he wanted to know who struck "Bil-
ly Patterson"
He spoke Of the manner in which
the financial stringency has operat-
and" he added, "the president
says he is proud OF it, I cannot be-
lieve he said it. He has said many
things lacking discretion, but I do
not believe lie is so callous as to feel
any pleasure in the condition Of
paralysis which cOnfronts up. | be-
lievo he is patriot though he has
perhaps shown it badly at times"
The senator held aloft IA banking
house certificate, and in a loud voice
called upon the senate to look at 1t.
"IIorc is a specimen" he declared.
Looks like what you call Confcd-
crate moncy-shin plastor-and yet
they arc issued by National Banks.
Look at it! am going to have it
engraved if il can be done without
destroying it and put in the Congress
sional Record But I don't propose
to have it destroyed and lose dol
lar just to cnlighten you on the
currency"
He wanted only good greenbacks,
and, in rasping tones, speaking of
the necessity Of money, he said:
"You will have to go to the bone
ward if you can't get it"
AS between the "shin plastcrs, }"
Ia the form Of clearing house certi-
Gates and greenbacks, he said he
| would prefer greenDacks based on
railroad bonds, although they were
in his opinion filed with water.
He was, he said daily in receipt
Of letters from papers who think
| ihcy know all about the currency asd
have schemes for currency reform.
''But don't even read them." he
said
1t had been alleged he said. that
the bonds recently issued had not
been sold to the highest bidders and
he read newspaper copy Of let
ter by Mr Sherman, Of New York
| 900 Of the bonds, but had not re
ceivcd amy Of them, although they
had been sold as low as $102 The