Gloucester County Democrat. (Woodbury, N.J.) 1878-1932, 1908-10-29
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can chairman and said, il thirty Re-
publicans stand with us we will put
this measure through. Mr.. Williams,
the minority leader, said if there are
thirty Republicans who will assist us
we will carry out the wish of the
President of the United States. Out
Of that Republican majority of the
House of Representative not single
one would step out and support a Re-
publican President of the United
States. You didn't find Republican
member from New Jersey for it, for
not one dared face that Cannon and
say that he was willing to uphold the
President, as he promised when two
years ago he appealed to the people
to elect him to uphold the President
of the United States; and you have
one of these men in this district that
was there, and wouldn't help him
either.
CAMPAIGN CONTRIBUTIONS.
During the year 1896 there was
great agitation made with great force
by those in control of the Republican
campaign committee. So they got
contributions from the great corpora
lions estimated to be above S16,000,-
900. Certainly, developments of the
last few years show that money play
ed a great part in the defeat of Bryan
in 1885, No matter what the motives
that impelled them in 1896, could not
have impelled them in 1900 or 1904.
But we find that in the Investigations
of the last few years that the life
insurance corporations contributed
vast funds in these back campaigns.
1T is wrong for any party to procure
the. election of any candidate by the
contributions of trusts, etc. Now,
when Mr. Bryan advocated publicity
of campaign contributions he said the
people could Judge for themselves
whether the elections were hampered
or not by the trusts. The Republicans
said, no, we can wait until after cleo
ton | say it would then be too late
for the people to judge if Taft was
backed by people who should not be
back of him. / say that this thing
hits at the very root of our freedom,
and by this it puts ourselves in the
control of the American people.
Therefore, | believe that when party
refuses to publish its campaign con-
tributions it is a confession that there
is something wrong in those who are
contributing, and i should like to
have Mr.. Bryans hands upheld in this
respect. Mr. Roosevelt says that the
people wouldn't be able to judge about
this matter, to say whether Taft
would be influenced by those who con
tribute vast sums to the Republican
fund. I'll leave this to the people
to judge rightly.
BANK DEPOSITS.
Il want to consider some of the
criticisms of Mr. Bryan in the past
campaign Governor Hughes and 9th
ers say thatBryan is unsafe to bePresi-
dent of the United States. They say
that he has advocated things that II
enacted into law wouldn't be for tire
best for the United States. | say that
since they haven't been enacted into
law it is merely speculative whether
or not they would be good or bad, !
They say that it is wrong for Bryan
to guarantee bank deposits. You alt
know that last fall Mr. Roosevelt |
urged the people not to hoard their
money and not to put it in old teapots, |
stoves and under carpets, 1t is fact !
that millions are withdrawn because
the people are not trusting the banks.
Every fall you read of women who put
their money saved from keeping board |
ers all summer and when she lights
her fires UP goes her bank roll. There
are also thousands of people who have
put their money into the hands OF the
postmaster and in return get a GER
tificate, showing that they have more
confidence in this government paper
than in the banks.
From our land there has been sent
in the last twelve years over $4,000 |
600 900, earned and taken from our
shores by the natives OF Southern Eu-
rope. And they have sent it back
simply because the banks in these
lands guarantee bank deposits. From
this YOU can see that a plan that would /
money and that would keep |
it here would be doing good to the T
in general. 1t is fact that /
sixpence in circulation is better than
a dollar that is sunk in hiding. If you |
in Woodbury. wanted to start a bank /
you would go to Washington and ask
for some bank notes. The government +
would say all right, but first we want +
these notes guaranteed by United
States bonds.
suppose that. after depositiug
bonds for guaranteeing circulation
you say that you would like to, have
your bank made a depository Of United I
States funds. They would say all
right, but we want the funds guaran
teed Now, suppose you go to the I
cashier and say I've saved $1,000, bit I
| want to borrow $1,000 to build a
house.
..The cashier will say, what have
you to get loan on? You say that
you'll give him your note. Why. when
you say that you can see icicles begin
to form on his ears. He will say,
We want railroad stock or some other T
good collateral, and you say you have
no collateral The cashier pats you
on the back and says that you have
plenty of friends worth $4,000, and to +
have them endorse your note; them