Rock Island Argus. (Rock Island, Ill.) 1893-1920, 1908-09-02

Governor Benton McMillin of Tennes-
see and Champ Clark Of Missouri
Senator Culberson laughed aloud al
the suggestion that the electoral vote
Of a single southern state would be
lost to the Democratic ticket. Even
West Virginia and Maryland, which
have ceased to be considered as tech
nically southern states, he believes
will this time swing into the Demo-
cratic column. There could be no bet
ter judge of this situation i9Ithe south
than he, for he is one of the most popu-
lar men south of the Ohio and Poto-
mac rivers, the Democratic leader in
the United States senate and trained
political observer. Governor McMillln
for his part spoke only for Tennessee.
where he has lived his whole life and
which he has served In many honor
able capacities. "The Republicans are
chasing rainbows in Tennessee" said
he. ''Well, it does no harm as far as
we are concerned. They come down
there with their money, and the boys
are always glad to welcome northern
capital" And finally Champ Clark,
fresh from Missouri, predicts 10000
majority there for Bryan.
The German, Vote.
One of the best equipped politicians
In Chicago, who is equally conversant
with political conditions in the state
neighboring to Illinois, told me the
other. day that il the national ticket
could this time get 80 per cent of the
German vote it would carry the states
of Wisconsin, Illinois and Indiana. In
Chicago alone are 100000 German vot-
ers Not since 1892 have We ever been
able to poll 10 per cent of this vote.
In that year it was carried less by
Cleveland than by the fact that John
P. Altgeld was on the ticket with him.
For this reason earnest efforts are be-
ing made this year to secure this vote
with an apparent assurance of success.
The example of the Staats-Zeitung of
New York in declaring for Bryan has
now been followed by the Abend Post
of this city, the strongest German pa
per here. AS there are not fewer
than 100000 voters of German extrac-
ton within the influence of these pa
pers, the probability that their support
will prove effective is great.
The Bank Guarantee Plan.
A well Informed newspaper CORE
| spondent. not Democratic or Bryan
man, who has just returned from a
| trip through Kansas, Nebraska and
| issue presented by the Democratic plat
| form TO the farmers Of the middle west
| is Mr.. Bryan's plan for the guarantee
of deposits in every bank by moder-
| ate tax upon the assets of all banks in
| the same district. He assures me-and
| 1t is indeed my information from let
| tiers received-that it is not merely the
! depositors, but bankers themselves In
J those sections, that approve this prin.
| ciple. The case is cited of one national
| banker who has already surrendered
the charter of his bank and made ap
4 plication for a new one as a state bank
In Oklahoma there is a general revolt
of the national banks against the rul
| ing of Attorney General Bonaparte
that they may not even voluntarily
obey the state guarantee law. Eight
banks have announced that they viii
become state banks to take advantage
of the law, while others declare theil
purpose to organize branch institutions
under the state law.
But, more than that, all through Kan
sas, Nebraska, Iowa and South Dako
to candidate for the state Legislature
or senate on the Republican ticket are
1 LII I,ai lot fo, 10
ing explicitly for the guarantee sys
TEN. The Republican candidates ar,
quite as eager to take advantage of /
as are the Democrats. This Is the
more instructive to those who believ,
that a good idea does permeate tn,
people because the Republican nationa
platform refused to accept the princi
pie of guaranty of deposits and Score
tary Taft in his speech of acceptance
especially denounced it.
There is a general feeling anon,
western bankers, particularly since TIL
recent Roosevelt panic, that the east
ern bankers are attempting to breal
down the state banks in order to form
a chain of national banks controlled b,
the great financiers of Wall street
This Is a belief long held by financia
people which has now come to b.
generally accepted by the masses. l
is supported by the fact that ever,
New York bank of any great size own
its Chicago bank and that its Chicag
bank owns and controls the banks il
lesser cities, which in turn control thos
in villages. And so, with the chai
complete, the money of the farmer o
the small merchant put into his owl
bank goes to Chicago, where. like
river fed by innumerable rivulets,
becomes huge stream of gold flow
ing into the New York speculative Ger
ter. Once there it passes into Wa
street to be used TO finance railroad
that Cypress the farmer or trusts tina
extort from him great per cent Q
his earnings. And, like a great river
its course seldom turns backward. TIL
western farmers would like to kee
their money near at home. The wes
orp hopEorc would liEo RI ho vo boa RI