Evening star. [volume] (Washington, D.C.) 1854-1972, 1908-09-27

the legislation of the republican Con-
crosses during the last twelve years clear
ly demonstrate that the people have
ruled: that they rule today. and Will con-
tinue to rule. If the republican party con-
tinues to be victorious at the polls
Secretary Straus' Address.
Secretary Straus said:
Il was once a Cleveland democrat. j
honor the memory of Grover Cleveland
and glory in his patriotic achievements.
Because Cleveland stood against the
fatal heresies that are known under the
name of free silver and Organism he was
steerer' Not the least element OF the
greatness of Cleveland rests unon the
fact that he stood like wall of adamant
against these fallacies.
s.C,leyeland in an article written shortly
before his death. foreseeing the nomina-
ton of Bryan and Taft, In forceful IAN
guage advocated the election of TAFT.
at is rather remarkable that the aDles'
defender of Bryan is Richard Olney, who
won great distinction as member OF
Cleveiand'S cabinet
The Rooseveltian policies. in other
words, simmer down 10 the Ten COM
mandments,' says Olney.
After further quoting Olney on the en-
forcement OF the Sherman antitrust law,
Straus continued:
Now, Mr. Olney. while I have great
respect for your learning and ability,
cannot say the same for your memory
The antitrust law was passed July ::
1890 You were Attorney General. charged
with the enforcement of that law. from
March g. 1893. to June 4. 1893.
THE only new cases which the Cleve-
land administration brought under this
act were brought against combinations
Of workingmen. There were no cases
brought by Olney against combinations
of capital.
Drococ,,fion Of Gonita1
I'm fact. during the entire administra-
ton of President Cleveland the only cases
brought against combinations of capital
were the Moore case. against local COM
panies Of coal dealers at Salt Lake City;
the Hopkins case, which was a bill In
equity to restrain the operations of the
Kansas City Live Stock Exchange dn
both of these cases the Cleveland admin
fstration was unsuccessful; the Joint
Traffic Association case, against the rail-
roads between Chicago and the Atlantic
coast and the Addyston Pine and Steel
Company case. which was decided by
Judge Taft in favor of the government.
when we compare the present admins
tration with the Cleveland-Olney admins
tration there Is another striking differ
ence to be noted. Olney only brought &C
tion against labor unions. while the &C
tions that have been brought under the
Roosevelt administration included. among
others. the Northern Securities Company,
the great packers at Chicago. the Fed
eral Salt Company. the General Paper
Company. the Otis Elevator Company, the
American Tobacco Company and the
Standard Oil Company.
I'm no important case brought under
the antitrust act during the present ad-
ministration has the government been de-
feated.
There were during Cleveland's admin
istration. nineteen indictments for dis
elimination. giving rebates, etc. On
these nineteen indictments there were
only six convictions. The other cases
were either withdrawn. quashed or lost.
Under President Roosevelt's admins
tration there have been 126 indictments of
a similar character. OF which only Is
have thus far failed from acquittal. dis
missal. etc. There have been "a convic-
tions. and "A cases are still pending.
Oil Trust Wisdom
Perhaps we ought not blame the
Standard Oil Company for going over on
the other side. as more than twenty in
dictments have been found against that
company. which involve about 1000
counts all of which have been thus far !
sustained. with two minor exceptions"
Referring to Taft's attitude on labor, |
Stratus said:
when Taft was governor of the Phil
ippines he pardoned de Reyes the great
labor leader and the father of organized
labor. because the law under which he
was tried and condemned was contrary to
the spirit of our laws, an act which rec
ognized the right of the laboring men to
organize for the protection and increase
Of their wakes and raise their standard
And I do know that when Bryan was
member of Congress his name was not
connected with any law for thes benefit
glass men. headed by Campbell. the head
of their union. called upon him to favor
their cause he turned them away with the |
answer that they were public beggars.''
Three Cheers for Straus.
When he concluded the audience to a |
man jumped to it's feet and gave him |
three rousing cheers.
Chairman Warner then introduced |
Charles NJ. Treat. treasurer of the United |
States. The latter talked money He |
gave figures and facts showing the ac- |
complishments of the republican party |
during the Roosevelt administration. He |
explained in detail and clearly the money |
question that has been raised in the
present campaign, particularly the ad
vocacy of Bryan for the guarantee OF
bank deposits.
He declared that this policy is not only
impracticable and unsafe but unrighteous
and terrorizing. He said that il sounds
popular. but If studied carefully it will be
found to be the worst thing this country
could establish.
Treat Discusses Bank Guarantees.
Mr.. Treat in part said:
Bryan has sprung upon the public a
new financial conundrum the purport OF
which is that If the national, state and
municipal governments deposit their funds
in the banks. and demand specific security
therefor. together with moderate rate
of interest. they become thereby preferred
creditors. and can command the gilt edge
assets, of the bank in case of its failure
and the other depositors must get along
with what remains which is a detri-
ment and unfair to other depostors
He seems to think that government de-
posts are more damaging than helpful:
that being &Inder the supervision of the
government no bond is necessary for the
protection of the depositor: and as il is
the money of the people no interest
charge should be made.
He does not seem to take into con- |
sideration that public funds are an &C |
emulation of taxes: that such taxes are |
a sacred trust. and have always been so |
regarded.
The law requires that their safety be |
provided for by being stored in proper |
vaults and put in charge of an official !
with reputation for honesty, fidelity and |
character; that bond shall be given by |
that official for the safe custody of the |
funds in his charge. |
II is not fair to consider the deposit |
OF pubic funds on a par with the de- |