Willmar tribune., 1908-10-28

velt said, Go ahead boys. Don't
mind me. My legal department
won't prosecute you.' Those were
not his exact words, but he is more
classic in his language than l am.
"There isn't a monarch in Eu-
rope who would dare to suspend the
operation Of the criminal laws Of
his country in this manner yet it
was done by the president of the
United States. So the Steel cor
poration took over the controlling
interest and has it now. Mr..
Roosevelt's only excuse was that it
might have aggravated the panic
to stir up the matter then.
"Do you know that down in Kan
sas | saw a cashiers check for five
cents. don't know whether you
were that hard up here, but that is
certainly getting pretty close to be-
ing broke.
"Mr. Bryan proposed as a remedy
for this evil the guaranty system.
It is just as easy to insure bank de-
posits as it is to insure property
against fire, and easier, for you
have the records of forty years to
base your insurance tables on. and
you can estimate to a cent what it
will cost. The system provides
that each bank shall deposit with
the secretary of the treasury a cer-
tain percentage Of it's deposits, this
sum to come out of the stockhold-
ers, to insure the depositors the re-
turn of their money in case the
bank fails and is unable to pay it's
creditors in full. 1t is SO simple
any child can understand it, and no
argument worthy of the name has
been brought against it.
"Mr. Taft says it will be bad for
the banks. There are 100000
bank depositors in this country, and
some of the saddest stories of every
day life result from the bank fail
ures, yet Mr.. Taft hasn't a word to
say for the men and women who
lose the savings of a lifetime thru
a bank failure. But Mr.. Taft made
one concession. He said he would
endorse it if the bankers were will.
ing. But the bankers met in ses-
sion at Denver and refused to in.
dorse it. Fortunately, however
there was another convention held
at Denver, and the people are 60.
ing to ratify the Democratic con.
vention, and not the bankers con.
: vention.
"There is one question that must
not fail to touch upon. In sever
years from now it will be sever
hundred years since the people o1
England secured from King Johr
the right of trial by jury, and since
, then it has been held as one of tht
most sacred rights of the English
, speaking people. Why then shoul(
4 we be called upon to defend it now
7 l will tell you. During the las
2 few years the courts of equity have
2 begun a process of administerin,
: the law that has resulted in tn
f judges legislating a new system O.
. criminal practice. A Judge nov
t can take a parchment and issue up
S on it a proclamation which become
' a law restraining man from dc
? ing certain things acts. If tina
man violates that law he can b
: summoned before the same judg
n who issued the proclamation, an,
n may be given an indeterminat
o sentence in prison. My friends,
;. hold no retainer from the labor un
f ions and speak for no class of men
It but am a lover of human freedom
!, l respect the judges Of this nation
It but the judges must respect huma
=? rights and liberties. and the tim
5 has come when this system mus
n fall. To the unions we owe tn
e fact that this is campaign issue
n They went to the Republicans wit
n it and were repulsed. The Demo
# cratic party has taken it up. Tai
l. says it is a most insiduous attac
e upon the judicial system. l objee
f to Mr.. Taft as a witness on tn
d ground of prejudice, for he hs
u done more than any other Judge
IS build up this system. am gla
that the labor unions have bee
it pounded into politics. The balic
It is a better weapon than the strik
a ever was.
It "We have picked out our mer
It At least the Democrats have.
q you are a republican you have k
e somebody else pick him out fc
'e you.
Il "Now, have known Mr.. Taft fc