The Evening statesman. [volume] (Walla Walla, Wash.) 1903-1910, 1908-07-09
4 Permanent Chair.
J SeCh----P .alform
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Aldrich bill The republican party
boasts of it's knowledge of finance
What has it given us in this law? The
only sort Of legislation with any great
force of public opinion that the re-
publican party attempted to enact was
bill to prevent the recurrence of
panies The republican party has at
tempted to prevent the recurrence of
depositors' panics by an emergency
bank-note bill. in the provisions of
which they have decreased the security
that the depositor had in a two-fold
way; first by reducing the amount of
reserve required by law to be held, and
secondly, by making the new emergen-
sets of the bank, decreasing the secu-
rity that the bank had to keep for the
depositor and increasing the banks Ii
abilities that might be charged against
deposits.
The Republican Failure.
Thus, my countrtymen, in this re-
view we have the spectacle of a presi-
pass needed reforms and appealing in
vain, or we have another spectacle,
that of a president for the sake of his
own popularity, for the sake Of the
popularity of his own candidate, max
ing political play by urging that
congress DO what he must have known
it would not do and what we are now
l.. \ -;ch
done.
1.-The president stands sponsor for
Mr. Taft. He desires that the labOring
man; that those who would have the
government effectively regulate the
railroads: that those who would re-
wise and reduce the tariff ond destroy
the trusts; these should believe that
Mr. Taft is not a reactionary but a
militant reformer, saturated with his
ideas and that he will carry out my
policies
Points to Record.
''Mr Taft will have to receive about
100000 of votes before he can exc
cute any policy. To get the votes for
him the president wishes to show what
the policies his chosen one will
carry out if elected; and he can show
it cheaply by pointing to recommends
tions that his party associates had ig-
nored and will ignore.
"The press has told us in what
seemed to be a semi-official statement
dent was so intent upon his policies
that if congress adjourned without en-
acting them into law he would call an
extra session. Congress did adjourn
leaving unpassed most Of his favored
measures and the extra session was
never called. If the president desired
to have this legislation the democrats
were ready to join in its passage. the
democratic leader of the house, au-
thorized by all his party associates, re-
peatedly offered the entire remocratic
strength in support of these measures.
"The republicans have less than
sixty majority in the house. If thirty
of them had joined the democrats all
of these measures would have passed
there and gone to republican senate.
Less than one-seventh of the repubn-
cans was needed to change the rec
into law. The republican
support was not forthcoming.
LET us confidently hope that the
time will never be ripe for the change
of the constitution by executive
action and by judicial interpreta-
tion.' If such time should come then
the government of law will perish
from the earth and the government OF
"a nrice will be created on the ruins OF
,ne established by a written constitu-
ton.
Democratic Duty.
.syNe know there is brighter pros
oect IF the love of country and liberty
IS still strong in the hearts OF the
American people: if an oath to support
tho constitution is now considered by
hem as binding; if the people are In
in their protests against the
-ule of insolent wealth, the unauthor-
zed and baneful advance of corpor-
atoms and extention of the trusts; II |
he manliness Of the fathers have been
transmitted to the sons, the fourth OF
,ext March will mark the advent OF
he gladsome light of democracy ana
he beginning of the return of a con-
stitutional government honestly ana
administered. To the ban
,er we raise here we invite all citizens
# our common country who revere the
,obler traditions of the past and who !,
leplore the great alterations of the
present. Let US see to it that this
standard shall once again float over a
resting secure on lasting
o-ndations. Mr. Chairman, delegates
md fellow countrymen, the time and
occasion in our national affairs imposed
! duty we cannot. if we would, evade.