Bisbee daily review., 1908-09-30
Republicans Weakened By Failure To Revise the Tariff at Last Session
 of Congress.
SAY DEMOCRATS DEAL
 TOO MUCH IN lSMS
Sensation Created By Speech Welcoming Trust Section
 To Denver.

DENVER, Sspt. -Sensatior was
 created this morning at the session of
 the trust section of the Americaa. Bankers Association, by the remarks
 of Colonel William E. Hughes, of
 Denver in his welcoming address.
 Colonel Hughes injected politics into his speech, declaring if the Republi- cans had regulated the tariff at the
 left out many of the 'isms" they would be in a. better position to win the coming election, and if the DemocI al e, had, adhered to the old doctrines and left out many of the isis they weuin have interested the country far more He was especially bitter against the guaranty of bank deposits.
 The report of Secretary James
 Branch showed the trust section to
 be in 2. prosperous condition with 931 members, eighty-five more than last year. The aggregate resources of 300, 100000. Over two-thirds of the
 trust companies of the country are on the rolls of this section.
 An amendment to the bylaws was adopted, giving 3 vice president to
 each state which ha sno less than five
 trust companies. The way the by laws stood state had to have ten trust companies to be entitled to a vice president.
 In welcoming the trust section, Mr.
 Hughes said:
 He congratulated the assembly that ! it was in no sense partisan It was
 truth, apparent to all, he said, that ! there is a great moral awakening in i the land, and neither CT l.e great ' political parties could, in his opinion, | hope to retain or acquire power that
 did not promptly recognize this fact | He believed that the masses demand ! that the tariff must be radically re- ! formed; that individual and state i rights must be fully ccogn:zed; and the honesty and dependence of the courts be at all times maintained; and ! that corporations and combinations, es- pecially those deaIHg with the nec- 1 essaries of life, must hereafter do their work in the open, and under the direct supervision of government, state or national.
 | Continuing he said: Political brib- cry and secret political campaign con- tributions and all biackmailng must ! go Our forests and other n-.s0nal re- sources must hereafter be better pre- served, and education in the public
 schools adapted to meet the practical wants of everyday life. An adequate navy must be provided; the standard
 of all trusteeships must be raised; anu
 better system of banking and cur
 rency must be given to the country"
 Discussing the tariff as the para
 mount issue MT. Hughes said: All far-minded men feel that lnO, o~o
 more to their country than to any
 party, and they should refuse to con tribute to any political victory that
 they do not think will make for the
 final good. The longer I live the more
 I respect the patriot and the less l
 respect the intense political partisan.
 When parties are mislead by sophisti-
 cated. sympathy-mad leaders trumpet ing false calls to reform, there comes up to every citizen the queston, Is it l for the final good These words and the further words that the noiaI awakening and popular reforms we here speak of have been the work of
 decent men of all parties were Io~ days ago the last utterances to the people. of one of Democracy's great i est statesmen.
 | Further on he said:
 Gentlemen of the American Bank
 CTS association: We have the prom
 ise of both the great parties that the tariff and most of the other reforms | called for shall in the end be brought about and we have this to congratu- late ourselves with-the country Is fairly safe whichever way the election goes-this wave of moral reaoi nI n politics VII give us tolerably good administration, whichever party may
 be in power-you pay your money and | ltake your choice-fhe issues are not
 now widely different on the vital questions. If you pay money however,
 as a campaign contribution to ether party. see to 1t that the payment ts duly published-it looks better so; besides reformed popular taste de mands it.
 | AS to banks. banking. trusts and i jtrusteeships, wish to say that am
 opposed and am in hopes this Amer ican Bankers association Is opposeu to having government. tor anybody taxed by goyernment) guarantee bank deposits This is Socialism. And If they are so opposed l hope they will 1 by proper resolutions, speak out a~e say SO. This guaranteeing on the part of the government. as I vew 1t. is all wrong in principle
 Tn conclusion NIT. Hughes advocated | sn increase of the navy. He believed i've should build annually. at least four first class battlesbips.' 
 ~"The Safest Beach