Twice-a-week plain dealer. (Cresco, Howard County, Iowa) 1895-1913, 1908-10-20

other 14c. On account of the tariff,
the international Harvesting Machine
Co., sell their machines for so much
less in European countries that one can
buy an American made machine across
the ocean, reship to the United States,
and still pay less for it than he can
buy one here.
.Weyerhauser, the lumber king, by
means of clever trick and the aid of
an accommodating republican congress,
has become possessed of practically all
the standing timber in the great north
west. estimated in value at $4OO, 600, 900
and all at practically no cost, but still
he must have tariff of $500 per
thousand to protect" him. When the
Howard county farmer or builder pays
this tax and monopoly price, capped
with another hold-up by the Lumber
Dealers Association of the northwest,
he looks with awe on the small pile of
lumber he gets in comparison with the
large hole in his pocket book.
The republican party promises land
have for years. revision of tariff. The
promise to revise is an admission Of it's
need. So why do they delay from
session to session and from year to
year. The explanation is simple.
The trusts own the republican con-
gress, and another republican congress
will simply postpone the revision
again. The only way to secure re-
vision DOWNWARD is to elect Mr..
Bryan and congress in sympathy with
him.
In discussing the republican panic of
last October and the Aldrich- Vreeland
bill, Mr. Dunn made very neat ex-
PLANTATION of the kindness of the repub-
iican administration to the contributors
to the campaign funds. To relieve the
stringency the United States treasurer
sold a $50. 0O0. 900 issue of bonds which
were taken by Wall street, and of the
amount realized $45, 600, 900 was left on
deposit with the takers of the bonds.
This made only an actual investment of
SIS, OO0, 600 by the buyers of the bonds.
The bankers used the bonds as basis
for the issue of bank notes which were
loaned at from 8 to Is per cent to those
caught short by the panic, from which
was derived in the neighborhood OF
$4, 600, 0OU in interest, which, added to
the two per cent interest paid by the
government on the bonds (amounting
to S., 600, 00W made total income Of
SIS, DOC, 600 in one year, on an invest.
ment of like sum, and with the same
game to play for as many years as the
bonds run. No wonder that the CAPT
talists are backing Teddy heir, Prince
William. The Aldrich- Vreeland bill
simply provides for an enlargement o,
this scheme to enrich the capitalists
and bankers.
Referring to the guarantee of banl
deposits, Mr.. Dunn said that it was
remarkable that no one had thought Of
the remedy sooner. To the main OBJ
lection urged against the plan that il
would promote dishonest banking ane
should dishonest bankers be said thai
as banker himself he did not fear i
in the least, that the proposed Law
would limit the deposits according t,
the bank 8 capital and that while nov
a bank is interested in another only
when it holds the paper of a burstee
bank. under guaranty law ever,
bank would be.co mpelled to bear its pro
portionate share of closed banks loss
hence the bankers would watch closet,
the standing and management of thei
neighbors to the end that lax method
or dishonesty would not continue til
the bank was hopelessly involved ant
the loss complete. Mr.. Dunn ais
stated that it was his belief that tn
security afforded depositors woul,
bring out the millions of hidden none,
which would be of such source o
profit as to far outweigh the small ia,
necessary to guarantee the deposits O
the banks.
The republican substitute Of posta
savings banks would simply collect tn,
savings of the people upon which .
small rate Of interest would be paid
and then in time of trouble, as the PAM.
of last fall, be dumped into the vaults
of the big bankers where it would be-
held to protect them to the detrimen1
of every depositor and small bankarir
the country.
Doubtless owing to the short time a,
his disposal, Mr.. Dunn failed to touch
on one important sphase of the posta
savings system. This plan provides
only for the SAVINGS depositor. I,
provides for no short time deposits ane
no checking accounts, hence under this
system the immense amount of money
80 held by the banks would be just as
unprotected as under the present sys
TEN. The bank deposit guarantee ad
vocated by Mr.. Bryan and tho demo
A GOOD REASON.
cresco People Can Tell You Why 1t Il
So.
Doan's Kidney Pill cure the cause O
diseaes and that is why the cures ar,