Twice-a-week plain dealer. (Cresco, Howard County, Iowa) 1895-1913, 1908-02-14


challenge the issues by proposing the
remedial legislation desired.
In his New York address he blamed
the Republican party, but not the presi-
dent, for the loss of confidence and
urged continuation of the crusade
against predatory wealth" His criti-
clsms of Roosevelt had been misunder-
stood. He had not accused the presi-
dent Of initiating the Democrats, but
had merely pointed out the coincidence
of principles advocated by both. Bryan
frankly defended his former silver
policy as compared with the present
scheme of asset currency. Stealing
upon large scale he described as
GLORIOUS, larceny" The New York
Stock Exchange had graduated more
embezzlers than Fagin's school did
thieves"
Bryan Replies to Carnegie.
During the. dinner of the Economic
club of New York there was sharp
clash between Lyman j. Gage, ex-sec
rotary of the treasury, and Andrew
Carnegie on the one hand and w. j.
Bryan ON the other. The former speak
ers denounced our present financial
system as about the worst possible,
but called upon congress to keep it's
hands off the matter until after the
presidential election. In his remarks
Carnegie called attention to the alb.
surdity of the nations giving security
for Its own debt and declared that this
policy costs $150,0O0,0O0 year. Bry-
an at once took up the gage by stating
that the financial affairs Of the coun-
try had been in the hands of men rep
resented by the preceding speakers for
the last forty-seven years; that they
had admitted that they had evolved
the worst banking system ever known
and did not know how to remedy the
evil. He asked why they should de-
nounce the government for issuing
$46,000,000 in promises to pay when
they failed to denounce the banks for
issuing $700,000,000 promises to pay.
He said the cause of the recent panic
was not the issue of too much paper
money, but the overissue of stocks and
bonds that did not represent honesty
In business. "If," he asked, '.you
blame the government for buying sill
yer at 90 cents and selling it for dol
lar, what can you say of Wall streets
issue of billions in stock that represent
no value whatever"
President Ripley Indignant.
1 President e. P. Ripley Of the Santa
Fe railroad in commenting on that
part Of President Roosevelt's message
referring to Ripley's letter on the Well
born decision showed considerable re
sentiment. ''The statement" said he
shat l was party to secret rate OF
oil in California is absolutely false. Or
the contrary, I emphatically and abso
lutely declined to grant It, In this
case, as in other cases, the government
has used information furnished by :
discharged employee, making no at
tempt to verify the charges or ask fol
an explanation, but proceeding to make
the charges public in ex parte publ,
documents
Taft Wins In Committee.
! The Republican state central commit
tee of Ohio has recognized the pro-Taf
Republican county committee of Cuya
hoga county as the legal body in con
troll of the party machinery. Their,
had been contest between the Tai
and Foraker supporters in that count,
over the election of delegates to tn
state convention.
Montana's Governor Resigns.
Governor Joseph K. Toole of Mon
tana has resigned his Office, to take eff
feet April /. In explanation of his &C
ton the governor refers to his IL
health, which he says is of such ma
ture that a permanent restoration can
not be effected without an absence o
several months in warmer climat
and mentions clause Of the constitu
ton which provides that an electiv
official shall not absent himself iron
the state for more than sixty days. 81
intends to spend several months Il
lsouthern California. Mr.. Toole wa
elected governor in 1896 and re-eIecte
in 1900 and 1904. He is a Democrat
Lieutenant Governor Edwin Norris vii
succeed him in office.
0aynor Warns Reactionaries.
| Justice William J. Gaynor Of New
York in recent address intimate,
that most Of the clamor against tn
president was from wrongdoers VIII
were trying to use the government t
enable them to undersell and ruin thei
rivals in business. On this point b
said: when the courts, including tn
supreme court Of the United States
Justly and properly held that the rail-
roads We're public highways in order t
convict Debs Of contempt Of court TO
0bstructing them, these other vioiatop
Of the laws of the highways were lou,
in their plaudits, but now they assai
the courts and the president and tn
government in the grossest name
when the same law is applied to them
Little do they see what they will brini
on themselves If they continue In thei
course"
EXECUTIVE