Barbour County index. [volume] (Medicine Lodge, Kan.) 1880-current, 1908-03-18


plause.) Whether the revision that
stand for is considered radical or not
is a question of opinion 1 stand for
immediate revision. l will have it
tomorrow if can't get it to-day.
(Laughter) would rather have had it
yesterday than to-day. (Great laugh
teri Now as to that word radical, it
is matter of opinion. 1 used to be
radical. Now l am very conservative
tLaughter.l What people thought was.
radical a few years ago is now regard
ed as not only conservative but neces-
sary. (Applause.) | believe in the i'm
mediate revision of the tariff, down
ward not upward, and l would COM
menee by putting upon the free list
the articles that come into direct COM
petition with the articles controlled by
the trusts. Great applause.) 1 would
| give these men a certain length of
time-not too long, Gaughter)-sa a
few months, and l would say to them:
| If you don't stop conspiring behind
this tariff wall we will take the wall
away and make you compete with the
world" Great applause.) l would then
| proceed to make material reductions
in the necessaries of life, and would
pick out the fraudulent paragraphs
that were put in by stealth for the
| purpose of securing advantages that
even the trainers of the law did not
understand, and one of them would be
the duty of $50 per cent. that was put
in for the protection Of oil, after it had
been put upon the free list. If you
read the statute, you will find it says
! that if oil comes from country that
puts a tariff on oil, then we shall put
! similar tariff on oil from that coun-
| try, and it happens that our only COM
petitor in oil is Russia; she puts a tar
iff on oil, and therefore while on its
face we have a free trade in oil, yet
really we have not got it at all. Cap
plause.) l would then proceed to make
such other reductions as were pos
sible-and when I say possible,
mean that the laws are made by the
representatives of the entire country,
and in the making of the law you
have to consult the opinions of these
people who represent all sections Of
the country-and l would proceed as
rapidly as possible to make such re-
auctions as would be necessary to put
our tariff upon revenue basis, so that
our tax laws would be made for the
purpose of securing revenue for the
government and not for the purpose of
enabling few people to get rich at
the expense of the rest of the people.
(Applause)
Q. You said that the proposed as
set currency would give us a no-cent
dollar Is this a fair statement, in
view of the facts that assets worth
dollar for dollar and guaranteed by
national banks will be held as secur-
ity for it?
A. l am permitted to use the Ian
guage of my opponents and they
talked about the silver dollar as so
cent dollar; they said that if you melt
ed it it was worth only SO cents. Let
them apply the melting test to their
dollar and find out how much it is
worth. (Applause.) The silver dol
lar was never 50-cent dollar. 1t was
a 100-cent dollar, because the law de
clared that you could use it to dis
charge your debts at 100 cents on the
dollar People were quite indiscrim
mate few years ago. (Applause)
Q. Has not President Roosevelt
taken the wind out of the sails Of
everybody except socialists? Then
where is the room for Bryanism-De
mocracy?
A. am not sure that can answer
this question to the satisfaction O
the man who asked the question, fol
, he evidently believes that the presi
: dent has done everything that car
be done by anybody or any party ex
: cept the Socialist party. l do no
agree with him at all. The presiden
5 has tried to do some things He ha
: not tried to do everything that Il
: necessary. For instance, he has no
! tried to secure the election of sena
t tors by direct vote of the people, an;
t that is very important reform. An;
. he has done some things that l d.
not think he ought to have done. But
t my friends, the leaders of his part,
f have not assisted him to do evel
0 what he tried to do. (Applause.) An,
!, so Tar most OF his recommendation
have not been acted upon.
h Q. When you speak of "watere
o stock" as not representing property
e do you or do you not recognize goo
d will as being as valuable a propert
} as is mere tangible property? Woul
S you .cenfine stock issues to- actua
n tangible property?
y A. l think the question a fair one
It There is such thing as good viii
y If a man has built up bushes
d and established a trade and won tn
: confidence of people, his business ha
l. value larger than the mere tangibl
It property would indicate. But 20
e will find that good will is not a larg
r, factor in the monopolies that hav
n been established. That good wi
j. is preserved under competition. Wha