The Richmond palladium and sun-telegram. [volume] (Richmond, Ind.) 1907-1939, 1908-07-28

the land. | say without hesitation that
such a change will greatly impair the
indispensable power and authority of
the courts Securing to the public
the benefits of the new statutes en-
acted in the present administration,
the ultimate instrumentality to be re-
sorted TO is the courts of the United
States If now their authority is TO
be weakened in manner never
known in the history of the jurispru-
dence of England or America, except
in the constitution of Oklahoma, how
can we expect that such statutes Will
have efficient enforcement? Those
who advocate this Intervention of
jury in such cases seem to suppose
that this change in some way will in
ure only to the benefit of the poor
working man. AS matter of fact,
the person who will secure chief ad-
vantage from it is the wealthy and
INSCRIPTIONS defendant, able to en-
ploy astute and cunning counsel and
anxious to avoid Justice.
/ have been willing, in order to
preston that a judge, in furnishing for
contempt of his own order, may be
affected by personal feeling to ap-
prove a law which should enable the
contemnor upon his application to
have another judge sit to hear the
charge of contempt, but this, with so
many judges as there are available
in the federal court, would not con-
stitute a delay in the enforcement of
the process. The character and eff
cheney of the trial would be the same.
1t is the ne<lre and the delay of a
jury trial in such cases that those who
would wish to defy the order of the
court would rely upon as a reason for
doing so.
Power of Courts.
The administration of justice lies al
the foundation of government. The
maintenance of the authority of the
courts is essential unless we are pre-
pared to embrace anarchy. Never in
| the history of the country has there
been such an insdious attack upon
| the judicial system as the proposal tc
interject a Jury trial between all ord
ers of the court made after full hear
| ing and the enforcement of such ord
| erS.
The Currency System.
The late pants disclosed a lack O.
elasticity in our financial system
This has been Professionally met by
an act of the present congress permit
| hn Of
bank notes, and insuring their with
drawal when the emergency has pass
ed by a high rate of taxation. 1t il
drawn in conformity with the presen
system of bank note currency bu
varies from it in certain respects b.
authorizing the use Of commercial pa
per and bonds of good credit, as wei
as United States bonds, as securit,
for it's redemption. 1t is expressl
but a temporary measure and con
tains provision for the appointment
of a currency commission to devils
and recommend a new and reforme
system of currency. This inadequac
of our present currency system, du
to changed conditions and enormou
; expansion, is generally recognized
The republican platform well state
that we must have more elasti
; and adaptable system to meet the re
quirements of agriculturists, manufat
turers, merchants and business me
; generally, must be automatic in ope
alton, recognizing the fluctuations i
interest rates. in which every dolla
shall be as good as gold and whic
shall prevent rather than aid financis
stringency in bringing on a panic.
Postal Savings Bank.
a In addition to this, the republica
. platform recommends the adoption
postal savings bank system
which, of course, the governme1
would become responsible to the d
postors for the payment of princip
and interest. 1t is thought that tt
u government guaranty will bring OF
/ of boarding places much money whic
may be turned into wealth producer
capital, and that it will be a great i
centive for thrift in the many sma
u places in the country having now I
e savings bank facilities which a.
IL reached by the post office departmer
l. 1t will bring to every one, howev
e remote from financial centers, a pla,
u Of perfect safety for deposits. wi
e interest return. The bill now pendil
IL in congress, which of course the I
u publican convention had in mind, Or
u vides for the investment of the mon,
Il deposited in Nati4lal banks in Il
very places in which it is gathere
D. or as near thereto as may be pract
a. able. This is an answer to the cri
c. cism contained in the democratic pl;
Is form that under the system the mon
lie gathered in the country will be {
g posted in Wall street banks. T
N system of postal savings banks h
Of been tried in so many countries ST
pit cessfully that it cannot be regard
lie longer as a new and untried expe
,e ment.
Objections to Deposits Insurance.
The democratic platform reco
of mends a tax upon national banks a
st upon such state banks as may col
of in, in the nature of enforced ms
Id ance to raise a guaranty fund to D
eff the depositors of any bank viii