Weekly Watertown leader. [volume] (Watertown, Jefferson County, Wis.) 1908-1909, 1908-10-16

extortions practiced by the railroads
and for the corruption which they have
brought into politics. -
What do the Democratic and Repub-
lican business men of the country
think, in the first place. of candi-
date for president who would seriously
propose such Il piece nf Socialistic
folly as the taking over by the gov
eminent of a railway system 18th u
capitalization Of SIG. coo. 600. 600 for
all the roads except a few minor ones
are engaged in interstate commerce
of some sort and thus add to the
200, 900 prelent employees of the gov
eminent the 1000, 600 employees Of the
rsilroa ads? Moreover, what do they
think of a candidate who. according
to his own confession, arrived ut this
conclusion after fourteen years of
study, and then not only dropped it or
the eve Of the campaign because he
thought it would defeat him for cleo
ton, but who pretends now that he
never really favored it? Is a man
who would add, as this particular
candidate does, insincerity to mental
obilquity tit person for the industrial
and financial interests of the country
to support for President?
In speech at Carnegie Hall, New
York, on what he called Republican
tendencies, Bryan said: tThe dang
erous tendency of the Republican party
is towards Capitalization. Another
Rcp&b lean tendency to which | call
your attention is the tendency toward
Socialism. In view of the tact that
even Debs never proposed a scheme
more centralizing and Socialistic than
Bryan's government ownership aud
operation Of the railways, these
charges against the Republican party
are characteristic piece of Bryanite
etfruntery
"About fJurteen years ago said
Bryan in Baltimore, 81 introduced a
bill in Congress which provided for
| the guarantee of bank deposits, but |
could not get any one to listen to me. -
This means that Brayn's blind pool
of 1908 is not quite SD new as the
country imagined it to be. 1t was
| the result of fourteen years of study
Oklahoma is experimenting with it,
but it was invented long ago AS d
device for Undergraduates, of those
who want to get something for nothing,
and who are therefore willing to take
any sort of risks of bankruptcy or the
penitentiary, this Bryanlte financial
hubby has attractions.
| "We favor such reductions as will
bring the tariff down to a revenue ba-
SIS, where it belongs" says Mr.. Bry-
an.
| This means that Bryan would rob
the tariff of every vestige of protec.
ton to the home producer and to the
home worker which is in it, and bring
it down to the free trade mark. The
factories of the United States would
be brought into direct and disastrous
competition with those of the rest of
the world. in which the wages uf la
Dor are only half or a third CT what
they are here. Two courses would
thus be open to the American manu- =.
facturer. He would have to reduce
wages to the European and Asiatic
level, or else he would have TO close
his doors. Which course would Bryan
advise the American manufacturer to
take in case Organism shouid carry
the country in 1908.
Is Mr.. Bryan aware that the manu-
featuring industry of the United
States, whose destruction he plans 80
lightheartediy, has capital of SIS,
OOO. 900, 900, that it employs 6, 900, 900
Of persons, and that it gives them
So, 500, 900. 600 wages annually? In
value of products the mills and fac
tories OF the United States equal those
of Great Britain, Germany and Fra. &c
combined. Did anybody ever tell
him this?
In some lines of manufactures Ger
many is making more rapid progress
than the United States. She has the