New-York tribune., 1908-01-09
BRYAN ON HIS ISSUES
DROPS R4ILRO4D PLANK.
String to Elimination of GoUern-
ment Ozcnership, HozceUer.
[Bx Telegraph 70 The Tribune. ]

[By Telegraph to The Tribune
Chicago Jan S-Wflliam Jennings Bryan, hailed
as the next President by enthusiastic Democrats
from all parts of Illinois, in an interview to-day
buried government ownership Of railroads as ma
tional issue in next falls campaign.
In the interview Mr.. Bryan briefly outlined some
of the views he entertains touching on national
issues These were:
/ \ tax on banks to provide fund 70 insure
depositors against loss
p Opposition the action of the railroads in in
creasing suspension of state laws
3. Opposition unrestricted oriental immigra-
tion.
4. Government ownership of railroads. but no.
TO be discussed in the present campaign
8 Growing Importance of the initiative and ref
erendum-
Touching his plan for insuring depositors IN
banks against loss Mr.. Bryan said
I have advocated plan of this kind for the last
thirteen fourteen years, but the fact did not re-
1t is sort of mutual insurance in which tire gov
ernment distributor Of assessments The
banks the cost and the depostors get the bene-
afford to pay it, because of the protection that it
gives them from runs that might be started by
Where the system is fathered by the state the
national banks should be allowed to take advantage
Of OF IT, as Ihey are IN QRiahoma Mhen G a9oPteq d IN N
an equality in the matter of inspection security
and regulation
RelatlVe TO government ownership OF ralFOaCS
Mr.. Bryan said with emphasis
I have not changed my opinion expressed in my
Madison Square Garden speech, but have stated
in mat the e of If @ nS an aed ana n that
that the railroads themselves TO blame for the
discussion of the subject and that their refusal to
submit regulation would force the people to con-
sideration Of ownership My opinion is that hat the ne
the past; namely, resist necessary regulations
Mr. Bryan said he believed the idea of the init
ative and referendum growing, but said II
was not national one He declared the relative
Importance of issues could not be judged far in ad
vance and that the action of the railroads in in
creasng suspension of state laws, the trust, tariff
and labor questions would be empha sized by what
Congress might do or might fail to do.
Relative to the Chinese immigration problem
Mr.. Bryan said. Immigration is undesirable
where the immigrants cannot be assinilated in our
population where their coming would raise a
race question and involve using diplomatic con-
troversy with Oriental powers"
For his speech at the Jackson Day dinner of the
Jeffersonian Club tonight Mr.. Bryan chose for
his subject THE Point of View, and said. in part
The questions which involve discussion OF the
relative sphere of the nation and the state bring
tocrat and the democrat The aristocrat wants to
get the government as far aWSy from tne people PIE
government as near The people as POSSIBLE pd me 1ng
state ones because predatory wealth can protect
itself from national legislation more easily than
the national remedy 10 the state remedy. and thus
nd gve feddr 10 tg PeSPe 1ns 0 o
The labor Question is considered from both stand
PoYers: the denee=st OF the army Of erfpIoyes
and of the general public which Is
employer and employees. ,-
presents difference in Viewpoint the imperalist
thinks more OF the extension OF conmegce than Of
and he thinks only OF the benefits that might come
trade purchased at the cannon's mouth costs more
than it is worth and that the cost falls upon al
And so whatever question take up we ind
from which we examine the question and there is
no better illustration OF this than can be found IN
ing The Republican leaders at once rush to the res
of the banks after those banks had Dr2usm m me
like tllods The banks of the rest of the coun-
hanks Of New York city. and after the government
had exhausted the loanabe surplus IN the Iresui -
might have money loan to the banks for noth-
ing, and the high financiers count Il paITIo'IS ~
loan out at emergency rates the Treasury money
furnished them without interest ,,
If the Republican leaders had spent half as mpch @
time in trying make depositors secure, as me- %
have spent in trying to increase the pronts OF Ihe
Tba country is ripe for the apDlica ton or Demo
cratic priHeiP@les @ tho to dcrt party to convince
the people. that it will he truly democratic If in
VIII the Democr,tc party be democratic? Lei
it convince the public that It vii 9f ana in blessings
To every part of the country and 10 every eleiiei
Of population
Prominent party men from SeNe4dl "eS''eI
states We're present at the jackson olhhei' ti9
occasion being generally regarded as the liiiioiS
opening of Mr Bryan's campaign for the Demo-
cratic nomination for the presidency at tii7
Denver convention next July.
other speakers were Adlai E stevenson form
erIv Vice President Of the United States, Bloom
ington Ill: United States Senator W. J. Stone
Missouri: John w. Kern. Indiana and Edgar
Lee Masters. Chicago. United States Senator
jefferson Dawson. ~ Arkansas was screduled
for speech, but was not present
WASHINGTON ENDORSES ERYAN.
.racnnaa Wash Ian. s-The Lemocratic state