The Pensacola journal. (Pensacola, Fla.) 1898-1985, 1908-03-18


protection to depositors. / think these
questions will enter into the coming
campaign, and 1 am fully In sympathy
with the position taken by the Demo
Gratis in the senate and house in favor
OF United States notes instead OF
bank notes for emergency currency.
Whatever emergency currency is
issued ought TO be issued by the gov
eminent and controlled by the gov
eminent in the interest of the whole
people. It should not be. issued and
controlled by banks in their own in
terest
Does Not Like AIdrich Bill.
1.-The Aldrich bill is bad in that it
provides for the issue Of bank notes
as emergency notes, and it is also
bad in that it permits the use OF rail
road bonds as a basis of security. |
believe that only state, county, town
ship and municipal bonds should be
used.
1T Is possible that loans might be
made to clearinghouse without Sc
curity if the clearing houses are au-
thoriZed by sufficient number of
banks TO make the government abso-
lutely secure, but the authority may
be determined if the right of the gov
eminent TO issue the currency is es-
tablished.
There is one other question which
has grown in Importance since the
Nebraska platform was written, and
that is the question affecting the relaz
tive spheres of state and the nation.
believe that the Denver convention
should take strong ground in favor of
preserving to the states all the
rf1 - %6a. I'll
tive control of corporations and that
federal remedy should be added to
state remedies and not substituted
for them.''
Equal Rights the Issue.
What do you consider the para
mount Or most absorbing issue of
1902"
1.-The only ISSUE Mr.. Bryan replied
quickly, which manifests itself in
all the other issues is this: Shall
the government be administered for
the protection of the rights and the
of the interests of the
general public, or shall it be CONTROL
ed by the representatives of corpor-
ate wealth and administered in the
interest of the law? The trust ques-
ton, the tariff question, the labor
question, and all other questions in
volve this issue. All the abuses Of
which the people complain rest upon
the favoritism secured by favor-seek-
ing corporations, and these privileges
or favors are always at the expense
Of the masses"
You have been quoted as saying
that the silver issue Will not enter
into the coming campaign
Wouldn't Get Personal.
Yes, l have said that and repeat
1t. The silver issue grew out of the
scarcity of money, because this scar
city of money lowered the prices and
increased the purchasing power of the
dollar. Silver was the only relief in
sight, and those who favored the res
toration Of bimetallism favored it for
the purpose OF restoring prices The
increased production of gold has not
only stopped the fall in prices, but it
has actually raised the level of prices
something like 30 per cent. since the
silver question disappeared from poll
ties
bringing the conversation down to
a personal basis, Mr.. Bryan, are you
willing to say you will be nominated
ut the Denver conventien?"
Mr.. Bryan smiled, Il would not
care to make any prediction in regard
TO my position in the campaign.
While all the delegates so far Sc
ected have been instructed for me.
only a few states and some scatter
ng districts have acted
Explains '96 Defeat.
What special reason have you for
believing that the party has a better
chance of victory this year than in
1896 and 1902"
In 1896 our party was divided, al