The Pensacola journal. (Pensacola, Fla.) 1898-1985, 1908-01-16
Judge Parker and
the Golden Calf.

the Golden Calf.
In a speech at Kingston, n. Y, on
Jan. 10, Hon. Alton B. Parker in dis
cussing what he termed our recent
credit panic" declared it unwarrant-
ed by the actually prosperous bust
ness and industrial conditions OF the
country, and said, virtually as his
conclusions:
And here, incidentally, We can for
at least one thing thank our present
chief executive. He has opened our
eyes. He has bound us indissolubly
together. He has taught US to rely
IN the last analysis upon each other
and upon ourselves. He has
shown US that peace, plenty and pros
perity are no guarantees, if we guard
bot our constitutional rights by put
hing in office constitutional rulers. At
, time, fortunately, when we could
endure 1t has he taught us in prac-
tice the bitter lesson ."
Speaking for himself and his school
of make-believe democracy. Judge
Parker is right 10 say that Roosevelt
has taught them bitter lesson, and
speaking for whomsOever he wishes,
Or thinks he speaks for, he is right
IN declaring that peace, plenty and
prosperity are no guarantee" It is
On such things that the trusts fatten
and the trust puppets in high office
DO the things that sap the economic
: vitality of the masses, even as the
vampire sucks the life blood of its
victim, while the wings of industry
make the soothing, but none the less
fatal, lullaby of peace, plenty and
prosperity"
Yes, Judge, the lesson was bitter"
TO Democrats" who could not see
the truths told by William Jennings
Bryan back in 1896 and 1900 as to
the trend of economics in the indus
trial life of the United States. Your
speech, Judge, was intended as an
arraignment of Roosevelt, forgetting
that Hughes also turned on the light,
that Cleveland approved of Hughes's
course, that even in Wall street
man, Henry Clews, of at least your
financial acumen-and of more
honest because more subtitle appre-
citation of the significance of Ameri-
can financial history the past three
years-f1nds it we'll that all these
things have come to pass, and that
business conditions are safer and
sounder now than they were before
the scalpel and the saw and the probe
were used in economic surgery.
IF we guard not our constitutional
rights"-to enjoy the fruits of our
prosperity instead OF being looted in
the mazes of dishonor and financial
corruption that Roosevelt has attack
ed In spots, as well as the laws have
permitted him to attack-"by putting
into Office constitutional rulers" who
will see that public right is respect
ed by individual lords of finance and
barons Of industry, we would indeed
be in a desperate situation, as we
were while Mr.. Cleveland and Mr..
Mckinley did nothing under the Sher-
man law or any other law to check
the growing wrongs done IN the
name of business" under the cloak
of reputability worn by great wealth.
AT a time, fortunately, when we
rould endure it," says Judge TarKer.
Therein the Eminent Failure as
Democratic Hope is correcs. Natural
~, predatory wealth IS most predatory
when the nation is most prosperous.
It is automatic. and therein lies The
difference in effect, without difference
In principle, between what Roos Avelt
has done-not he alone, but he is
The highest in power and is used by
us, as by Judge Parker, as typifying
The trend OF the times toward regula-
hon-to expose and correct the very
things against which Bcyau has re-
peatedly, constantly and unerringly.
warned the American people. Bryan
was denounced as an agitator, and
now Roosevelt fs classed as an icon
oelast-Bryan for warning when
times were bad, and Roosevelt for
doing what he has been able to do
in times of prosperity.
Yes, Roosevelt has been an income
cIast He has assailed the golden
calf in the halls Of Rimmon. and