The Roswell daily record. [volume] (Roswell, N.M.) 1903-current, 1907-11-14
REPUBLICAN PANIC
COME HOME TO RoosT.


From New York Evening Post.
People are beginning to write tt
the newspapers to ask if this is tC
be known as the Roosevelt panic
That is comparatively unimportalt
The certain and significant thing is
that it will be known as a Republican
and high tariff panic. Protest as Re
publicans may, they will be held re
sponsible. And it will be not only po
etic but political justice that they
should be.
Out of their own mouths the Re-
publican party and the Dingleyites
will stand condemned. They fixed the
standard by which they cannot es-
cape being judged. In the party plat
form of that year, they referred to
the panic of 1893, and the hard times
following, squarely to charge up the
entire accountability to the party in
control of the national government.
Not one word did they utter about
the hand of the Lord having been
heavy upon the country il crop fail
ures; not a syllable was admitted
about the unwise fiscal measures, and
the dishonest silver legislation, for
which the Republican party was di-
rectly responsible, and which all i'm
had a great deal to do with the finan-
cial disturbances that came later. No;
everything was charged up to the i'm
beetle government. 1t was the Demo
cratic administration which, the Re-
publicans fervently alleged in 1896,
had ''precipitated panic and "halted
And the political infer
ence was stated with merciless logic.
Every consideration of public safe
ty and individual interest demands
the hands of those who have shown
themselves incapable of conducting
it and shall be restored to
the party which for thirty years ad-
it with unequalled success
and prosperity
Now, what are the Republicans go
ing to do when the Democrats hand
them back their poisoned chalice?
What, above all, are they going to
say about the tariff as an infallible
and magical creator of wealth and
glarantor of prosperity? A great emer
gency has come, and the high tariff
is seen to be of no avail whatever. 1t
was to keep us all rich and prosper
Gus. If any man talked about laying
a rash revising hand upon it, he was
to be denounced and squelched, as
President Roosevelt was, lest even to
question the supernatural virtues of
St. Tarifa might cause her to with
draw her favor, when we should all
be miserably ruined.
1t is, in fact, al extraordinary fea-
ture of this period of apprehension
and panic that no mortal man has,
to our knowledge, thought of the pro
tective tariff as of any help whatever
in the time of trouble. Yet if there
is a word of truth in what has been
said by Republicans all these years.
the tariff is the first thing everybody
should nave been turning to in the
crisis. Is it not high customs duties
which keep wages high and every
body employed, make the trade bal
ance favorable, and stuff the banks
with money? So We had fondly be-
lieved. At the first alarm, however,
the Republicans dropped their tariff
fetch. They had not even the con-
of the worshippers of Baal,
who stood by their idol even when it
did not seem to be doing its work
we'll What we should have Witnessed
these past few weeks. If Republicans
lad writ their prosperity annals true.
was a loud demand for a higher tar
In as our only salvation As in 1896.
the Republicans should have Initiated
the prophets OF Baal. cried aloud and
sut themselves with knives and Ian