The Marion daily mirror. (Marion, Ohio) 1892-1912, 1907-10-19
WEEKLY LETTER FROM
THE NATIONS METROPOLIS,
Finance and Politics will be In Closer Sympathy
During Coming Year Than at Any Other Time
Since the First Campaign of William
Bryan
Especial correspondence }

Especial Correspondence.
New York, Oct. 10. Finance and
politics have gone closely hand i'm
hand but it looks as if they would
be in closer sympathy the coming
year than at any time since the
first Bryan campaign. Many oil
the states that are now being
raised are founded OH finance. Even
the states rights issue which is
forging TO the front is largely due
TO questions of commerce and imam
&C. This issue has received new
boost through the conflict between
the State and the United Stntes
Court in the matter of the receiver.
ship of The Metropolitan Street Rail
road which controls the surface
lines in New York City. Attorney
General Jackson who was elected
last year on the Democratic-Healst
ticket raised the issue by applying
10 the state courts to appoint sep
aratc receivers on the ground that
the federal courts had no jruisdic-
ton and that the federal receivers
were appointed through fraud and
conspiracy. The public mt large be-
lieves what the Acknowledgement
says especially as Judge I.acombe
of The United States Court has al
ways shown a disposition to inter-
pref the law according to the tcchni-
talitics which the corporations were
able 10 raise. M
One Of the most widely quoted OPP
inious on the states rights issue ap-
pears i'm the current number of the
Van Ncrden. Magazine, monthly
publication which makes speciality
Of financial and political affair. In
view Of the part Of the formost
bankers in the country, Warner Van
Norden, Of the Van Norden Trust
Co., it is of particular interest to
note what il says.
As The Constitution now reads
and. as the Supreme Conrt now an
tcrprets II il is certain that the
powers Of the Interstate Commerce
Commission cannot legally be ex-
handed TO undertake all the federal
regulations Of business that Presi-
dent Roosevelt advocates.
II then the country is satisfied
20 follow the lead OF the constitu-
tional lawyers, the Democratic party
has in the states rights issue, as
Judge Parker defined il in his
speech, an excellent issue, and it
would be interesting to have a
popular. vote upon it..
As matter of political fact,
however, there are innumcrable
signs that on this issue, so de-
fined party standing for n
strict construction of the federal
Constitution would be overwhelm-
ingly defeated as it was on til
same issne generation ago. That
which the legal mind fails to see
is the profound political truth that
nations are living, organic aggre-
gates Of human beings undergoing
progressive evolution, and there
fore inevitably growing away from
or modifying or breaking through
restraints imposed upon them by
the past. In the course of this
evolution many interests originally
nnorganized ordecentralized become
definitely correlated and therefore
inevitably centralized. Other inter.
ests that have been closely united
disintegrate and fall apart. II
becomes impossible therefore, to
maintain in all eases the old lega
limitations and it becomes absolute
ly necessary TO create some new
ones.
There is therefore, before th'
American people real states
rights issue, but it is not the on'
which the lawyers formulate. Th'
real issue is, What power ought th'
Federal Government to have ant
what powers ought the state govern
ments to have today? The powers
that they had given to them res
pedively by the Constitution an,
its amendments were suggested ant
determined by an age of stag
coaches and "sloops. +" Some o
them may happen to be excellen
limitations also for an age Of con
tincptal railways, leviathan steam
ships wireless telegraphy and iele
phone connections. hut it is certain
that SOME Of them have becom
antiauatod.
\ The real states' rights issue a
ii standsh today, then, is, Ho,
gan tho Federal Constitution b
so amended, and how can its flrr
tber amendment be SO provided 70
that il can be made now, and i
The future bc maintained. as a
adequate expression of the actua
economic and moral organization
of the living, instead of remainin
merely glorious memorial of th