The Birmingham age-herald., 1908-10-03
Bryan Shows That Financial StTingency Was Caused By
 the Party In Power
NEW ADMINISTRATION
 NECESSARY FOR COUNTRY
Argument Is Presented Clearly Demon strating That Present Conditions Will Continue Unless Radi-
 cal Change Is Made.

Lincoln, Neb., October 2.-SpeaEdng to- night before the German-Bryan club of Lincoln, William J. Bryan answered the criticisms which had been made of him by Governor Hughes and other republican leaders that his experience in public life was not sufficient to qualify him for the presidency.
 MT. Bryan asked his audience:
 ''Why this new born zeal fo. exper ience?"
 He cited Abraham Lincoln, General Grant, Benjamin Harrison and MT. Me Kinley as having had no particular pup lie experience previous to their nomina- tions, As for Governor Hughes, who, he said, had laid special emphasis on NIT. Tafts experience and qualifications, he declared he had had but two years exper- fence as governor of the state of New York "and yet he thought three months ago that he was as well qualified for the presidency as Mir. Taft"
 Taking up the charge that he may not make wise appointments if elected to the presidency, MT. Bryan insisted that the argument should not be made by a re- publican because he said for the next two years at least the senate will be re- publican and pass upon all important questions, thus sharing in the responsi- bility if any objectionable men are named q am satisfied" he said, ''that can find such excellent men that even B republican senate will not dare to re- ject them.''
 After discussing a number of issues, he said:
 'The republican argument that we hear go much of is that democratic success win disturb business. Our contention is that democratic success will restore pros- perity. How can the republicans threat en us with panic when a panic came under the present President and is still upon us?
 ''In some respects it is the most acute panic that we have ever had, and there was less in national conditions to justi- fy. That this panic still continues can be proved in many ways:
 'Frst-By a number of men out of em- ployment; men anxious to work who are not able to find work to do. An effort has been made among those securing special privileges of the government to answer this political argument by start ing up some of their mills in the closing days, but the people can hardly be fooled by such transparent tricks.
 '"The Saturday Evening Post of recent date contains some statements which show, according to the reports of the New I ork savings banks, the number of ac- counts opened for the year ended on July l was 73,000 fewer than for the year before, while the number of accounts closed was 4S,O00 greater than the year before. The amount deposited was $35, ,000, 900 less, and the amount withdrawn $4l,- 100000 more. This shows large shrink age in the savings of the people of that state. And now comes a New York whole saler with the statement that on July p the firm addressed a letter to the Whole sales gro< CTS, biscuit bakers and confec- tioners the United States asking for the fig es showing trade conditions at that tilie as compared with six months before. The following are the statements for the eastern states, southern states and the middle west:
 Staple groceries, 10 per cent less in the eastern states, Il per cent less in the southern states, and per cent less in the middle west.
 Sales of groceries, classed among 1uxuries, 16 per cent less in the eastern states IS per cent less in the southern states, and 15 per cent in the western states The falling off in biscuit and bakers articles and in confectioners' trade shows substantially the same per cent.
 ''To show the trusts can escape from the evils that afflict others, call attention to the fact that a recent issue of the Wall Street. Journal shows that the h. ternatonal Harvester company made larg- CT net profits last year than in any pre- ceding year, and the directors of the h. ternational Harvester company are large ly the same as the directors of the steel trust.
 If the republicans charge that dem- ocratic success will bring panic, they ought to give bond that republican suc- cess will bring prosperity. And who can furnish security? Every panic we have had came under high tariff; the panic of 1893 came year before the Mckinley law was repealed, and the panic of 1907 came under a tariff so high that the re. publican platform pledges the party un- equivocally to revise 1t immediately. and MT. Taft says that the revision will prob ably be downward"
 L. NAk