The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1908-09-26
CAMPAIGN ETHICS THE MAIN ISSUE

~ HE PROGRESS of the campaign thus ar indicates that financial questions
ae not destined to enter into it With the intensity that marked some
previous contests In 1885, at this date. the country vas agitated over
the rec silver question. in 1900 and 1904 the fear of the natural depression
vase emphasized very forciby at every meeting and in every newspaper.
1t is noticeable that 10 such conditions exit today Amusing as it may be-
as showing the lck # any great and burning issues as between the parties, the
struggle seems to have conferred upon tn. ethics Of tn campaign and of cam
m rus sm,as.n nnnarsr On tho ot,sr zach helm charged with too close cuisines
relations with the Standard Oil company, seem to be the absorbing tissue at this
stage If the proceedings. Both campaign committees and the people generally
seem :, be sick Of the ampahgn already. The country appears to have ne inter
est IN thu coming election. The Republicans hav not been able to cry panic
with thu election If Bryan, frw g are just emerging from a panic tn Re-
pubncans are on the defensive. Beside, the old WOLF cry If panic las lost its
force The people ave begun to believe in Bryan and the anenes o. his ati
tue N public questions The New York Herald the conservative paper of the
money classes of The east said only a few days ago: NO me now fears thatM Mr..
Bryan's election would provoke al industrial commercial M financial
AS between the parties on the taif and financial questions there is very Ut
tie difference. Both stand for conservatism About h only point on which there
platform proposed to adopt while he Republican platform takes no position.
1t is unlikely that this will ut very much OF a figure in the campaign. outside a
few westerns states wheret the topic is being eagerly discussed.
60 - .rauss on.inuan ~ mr. national nrosnerityu without the danger d ak
cessive change. The business interests av become so strong n the basis of
u prosperity is SO real that with good crops and high prices it seems impossible
to change materially the inward progress of this nation.
The quick recovery from last years hurry is evidence of this. While there
may come other. troubles, and doubtless will be periods in which the banking and
business interests generally are temporarily depressed. IN the whole there is
every indication that, regardless CT who Wins the political battle. the people are
bound tic prosper.
Conditions are vastly different from the days of 1893 and intelligent men
everywhere are going ahead With their plans for business expansion with con-
hdencc concerning the immediate future. 1t is mi Of the most encouraging
features Ct our national life to see a gra. campaign carried Oh with this degree
f rust md confidence OF the part Of the people.
AS &c the bank guarantee question, to which " referred, Mr. Taft wrotea
letter OF the Kansas system. that's GEMS to be somewhat ambiguous and con
fusing. He appears in this letter to approve a provision of what is called vol
untary guaranty If deposits meaning hereby thath Zoe lot object TO action
thv nfts IN aanIssipg II would be strange if he did since there is nothing
TO prevent a bank from insuring its depostos at hi present time, Just Is a
firm might insure its commercial paper Apparently what MI. Taft and others
who take similar viewsh ave in mind, is the establishment If a government or
state system If voluntary guaranty. The argument is put forward that what is
Objectionable under the Bryan and other similar schemes is the compulsory
feature whereby strong banks are made to bear the burden of weak banks But
such approval CT a government voluntary system entirely neglectst the factt that
situations which would be compelled by competitive conditions to offer their de-
posters equal protection with that supposed to De accorded by others
INSURANCE "a a sn st statement. @asas is hm mor re o. nAs s a' absurd Ss91ls and II if : n si means ss snas he "a apDl SS
The general issue