Los Angeles herald. [microfilm reel] (Los Angeles [Calif.]) 1900-1911, 1908-01-09
BRYAN SEES
VICTOR Y FOR
DEMOCRACY
COUNTRY RIPE FOR BETTER Gov
ERNM ENT
Nebraskan, Speaking at Banquet OF
jefferson Club in Chicago, Dis
cusses Mistakes of
Republicans

BY Associated Press.
CHICAGO, Jan. S.-The standpoints
from which the aristocrat and the demo-
crat view society and It's activities formed
the theme of speech delivered here to-
night by William J. Bryan.
Mr. Bryan was the chief guest at the
Jackson day banquet of the jefferson
club, a Democratic organization. Prom
inent party men from several western
states were present. the occasion being
generally regarded as the formal opening
of Mr. Bryan's campaign for the Demo-
cratic nomination for the presidency at
the Denver convention next July Among
the others speakers were Adlai u. Steven
son, former vice president, of Blooming
ton, ILL.,, and United States Senator WIN.
j, Stone of Missouri.
The proceedings were so lengthy that 1t
was past midnight before Mr.. Bryan was
called upon. He said in part:
''The question which involves a dis
cussion of the relative sphere of the ma
ton and the state bring out the differ
ence in the point of view of the aristocrat
and the democrat The aristocrat wants
to get the government as far away from
the people as possible; the democrat
wants to bring the government as near
to the people as possible.
'''The aristocrat would substitute ma
tional remedies for state ones because
predatory wealth can protect from ma
tional legislation more easily than state
legislation: the democrat would address
the national remedy TO the state remedy
and thus give to the people the protection
of both the state and federal govern
ments.
"The labor question is considered
from both standpoiRts. The aristocrat
thinks only of the large employers; the
democrat of the army of employees and
of the public which is inconvenienced
by any disruption of friendly relations
between employees and employers.
Discusses Imperialism
"rrbe question of imperialism in like
manner presents the difference in view
point The imperialist thinks more Of
the extension of commerce than of the
preservation of the ideas of self gov
ernment. and he thinks only of the
benefits that might come to the COM
parative few; the democrat knows that
trade purchased at the cannons mouth
costs more than it is worth, and that
the cost falls upon all the people,
while the profits accrue to but few.
"And so whatever question we take
.up we find that everything depends
upon the point of view from which we
examine the question, and there Is no
better illustration of this than can be
IOQnQ III NiiS hhuiANioA
through which we ar passing. The
Republican leaders at once rush to the
rescue of the banks after those banks
had brought the stringency upon the
country by their unpusinesslike
methods.
The banks of the rest of the coun-
try were Disseminated against in favor
of the banks of New York city, and
after the government had exhausted
the loanable surplus in the treasury It
borrowed money at per cent in order
that il might have money to loan TO
the banks for nothing, and the hiSh
financiers count 1t patriotism to loan
out at emergency rates the treasury
money furnished them without interest.
IF the Republican leaders had spent
half as much time in trying to make
depositors secure as they have spent
in trying to increase the profits of the
bankers we would not have had any
panic at all.
''The country is ripe for the application
of Democratic principles to government
and all that is necessary Is for the Demo-
cratic party to convince the people that
1t will be truly democratic If entrusted
with power.
s'Wiil the Democratic party be demo-
cratic? Let it convince the pubic that
it will be and we shall have a victory
which will be fruitful In blessings TO ev-.
(Continued ON Page seven.)