Weekly Arizona journal-miner., 1908-06-24

,..o. convention was more favorably
 ..,.i than that of Henry F. Coch.
 Wisconsin, who nominated Sen.
 .,ar Lat Toilette. Although the nom.
 ,o.an of La Toilette was the last
 "aj, and the delegates and spccta-
 .,r. ser tired and eager for a vote,
 E.b,ws bv his mastcrful delivery and
 G.,,,.lcnt belief in LaFollctte and his
 .,o., -non engaged the rapt attention
 ', .b. great asscmblagc. He spoke as
 NlloW-:
 rou, years ago the people of the
 .,.,r ,f Wisconsin sent to the Repub.
 .s,p National Convention message
 ,od a man. Four years ago that mes.
 .,,, was derided and the man seourg.
 ,J from the temple. Today the man
 ,sl me message return in triumph.
 The rrpprt of our resolutions commit.
 ,se pct ctuadcs me that the message has
 heen accepted. What will you do with
 Inc man3 Four years ago, stigmatizcd
 and huniliated thouga we were, we
 ,e,ururd to Wisconsin, our loyalty un-
 shaken. and gave to Theodore Roose.
 vel, hundred thousand plurality. The Mack flag and the white are strangers
 10 Wisconsin Republicans.
 Wisconsin offers her candidate to ,he nation. not because he is her fav- ,ri,. son. not because we know him ,pd lu,. him, not because of his abi. H,y. integrity, and experience alone, m, because in him we know there is
 embodied in ideal boise and balance ,ho,r ner spelndid elements and at. ,rihu',s which most nearly respond to ,b. fruuirements of the hours and de. mand, uf the people, and which alone
 maifv for leadership in this great ! p,tional crisis.
 Problem Has No Parallel.
 The paramount problem pressing for solution today has no parallel in the economic or industrial history of man. In a generation since the war of toe rebellion we have rushed at a runaway pace from industrial freedom to in. iustrial olignrchy. The issue is a do. nestle not a foreign problem. No fleet around the Horn or trip through the Orient can distract the attention of ,he people from this central truth. IL s an issue, not of the creation of new
 wealth. it is m issue of the assimila. ton and distribution of wealth now being normally created; the shipping and consuming classes are awake and they demand relief.
 At the close of the Civil War the business of the nation was conducted essentially by private individuals. In the commercial expansion caused by ,he telegraph, the telephone, the rail | road, and the extension of banking
 credits, ihc necessity for larger aggre. gate units of capital arose and the corporate idea grew. Added 10 this
 the established policy of the country
 n order to urgo| the strenuous advance of railroad building and other public service utilities, granted away with cut compensation to the state, not only public franchise rights of measurelcss value, but with them offered huge bonuses to drive them more rapidly forward. With characteristic impati' ence we sought to develop the full re- sources of the nation in a single gen eaiOn
 The evolution wrought by these new forces alone changed the whole face Of
 national economies and industry. Then came the merger the trust, the central ilation of competitive forces, until to- day comparatively few individuals dominate the field of transportation and franchise corporations, and in the Held of industrial corporations nearly every commodity, in market and m price. is controlled by n single unit of capital. Individualism is dead. Com petition has ceased to be vital force. The orbit of single business often now reaches to the uttermost limits of the civilized world. In plain Eng fish, business in this republic is in the hands of the few. A close community of interest, an alliance for offense and defense, mas been established which recognizes spheres of special territoey
 and influence. This alliance is made real and living thing by means of bank control and the stock market. The necessity for market for corpor' ate securities finds it's expression m
 'he stock exchange where the ignorant and the innocent are washed back ana forth through the market by these few kings of industry, who govern the price of securities at will.
 Need of Tar1h Revision.
 Our failure to revise the tarih nas 'AbhN'u tO thSo' years ago Mckinley appealed to the party to revise. For seven years we have marched through the waters or the Red Sea and the waters have been
 withheld by the hands of n patient suffrage. In the wonder change thus wrought we nave leaped from the neid of individualism and competition into
 the new era of corporate monopoly ana
 government regulation. The ePocn and the problem are new. The resPo"
 'ibility tx overwhelming. Today thr
 kings of industry and finance stan.
 like sentincls upon every highway V, v,
 the nations commerce, industry, anu
 wealth distribution appropriating 'o
 themselves what they will and yieidihs
 10 the ninety.nine per cent what they
 want In a time of profound pease
 and prosperity we find ourselves m n, tne
 'Oroes of panic, an army of the ia''
 still march with the empty dinner pa''
 Whether n man as set of men pe,o,
 P,ated that panic, l do not know, pu.
 Nhet har shav tt1 ar mt | declare tHh,