The Washington herald., 1908-08-28

u predict the Republican party viii
e taught a lesson in this campaign such
IS no party has ever been taught in the
st0ry OF this government" said K. ".
,-ookshire. former Representative from
-disna. al the regular meeting OF the
strict of Columbia Democratic Asso-
..lJion last night
ln leading up 20 the prediction. Nj
rooEsli-c said the Republican party did
q revise tEz tariff ln the last session OF
.5ngress because they wanted 10 20
t the operations and solicit campaign
Eads- he added that after getting the
-nps-sn money the common people
1ull have 20 wait a long time before
.ey so- revision OF the tariff
West i Encouraging
-Ir. Erookshlre said. in part
Things in the West look most en-
ara ing fo- The Democrats this fan.
le l-l who has Travelled over the
=zte-E states said he had just come
I'D Ohio. and that IL was surprising
-lt E0ld Er. Bryan had upon the
1ple there The negroes Of Ohio are
ing 90 vote the Democratic ticket The
--o-s and lah0-i1E men all over the
Inrry are in revolt against Taft. and
% defeat him this fan. and when they
feat l-u they viii give AIr Bryan The
Esest electoral vote ever given to any
~ssldsnt
Andrew Lipscomb. Of Washington. fol-
wed Mr- Brookshire- He paid . tribute
r Thomas Jefferson and the great heri-
se he --tt Americans He said he hoped
-e people OF the country would pay no
-en-icu 90 that part Of Mr. Tafrs
Heech Of acceptance which said that
fe-s9n would not know the party or
.Dc-p-es to-day The Democrats always
-ul5 be followers -f JEFFERSON. he
51=d
4lr- Li1scomb also said Alexander Ham
on was not il harmony with the times.
II Ee vas uolarch.cal and arisrocraric. I
I'd tn4t was The reason h opposed JET f
--soc IN many Of the formers policies.
He added
ar. Taft says he is a HamIItonian. I.
-Elt say one thing Nobody kaeus Ham
tons birthday. nobody builds a monu- I
-ent % this believer IN the British form
6 government But there Is one man. 7
7rl III Virginia. born in America. and I
oTt-E Of the wor.d-praisa. whose name .
b mentioned constantly. whose birthday /
s kept the Ran who was the founder OF I
-e democratic party-ThOuas Jefferson I
Taft Started Injunctfons.
7 want % talk a minute Of the f7iu7-- I
-7u- M Taft was the first 70 start This I
ew innovation o. injunction. BY which q I
III coming from court can stop not
My one man from an anticipated action I
a his part. but can stop hundreds. OF /
1ousacds OF men. by an order OF an /
guilty court Never was such power
.ranted 10 an equity court in ENGLAND. !
ever anywhere IN the history OF this
9untry- except through Republican rule.
IT was AIr- Taft who started thar. Jas-
--son said all issues out OF charcs-v
1ght 20 be tried before a jury. and that
B whac Democracy says to-day. Mr.. Tzf-
. wrong
I understand by the daily papers that
IT. Gompers says he thinks the labor
sop-e have been cheated long enough bv
-e Republican party say they were
,sulted al Chicago Let Us see what Ia
7r does 20 the Republicans az the alec-
on this fall"
William F. Ryan. OF New York. ad-
-essec the meeting on the question Of
larantee Of bank deposits He said this
as one OF tLe plarks iu the Democratic
2-fcru. and continued
The national banking system ~ this
lEntry IS based Upon public indebted
5ss. We cannot have q bank cfrcuIa-
on without a national bonded indebted
7ss- Il IS said a public debt is a public
sssinE- but I viii say 70 YOU with
me knowledge OF finance. that a public
7o-. Ike a phivate debt. IS a great na-
7-al curse When the national hank
e system Of our country was first
'nceiTed and put into operation. the
anEer was permitted 70 issue 81 Der
nt ot the face value Of the bonds
% the banker was permitted 70 capi-
lie az minimum of $1,000.
The Banking System.
He was charged one-haIf OF 7a-
M On the issue. and the printing Of
eces OF currency, be they dollar bills
ten thousand dollar bills. Under the
-esent law the national banker issues
the fun face value Of the bonds. and
capitalizes ar a minimum OF So 90
e Is charged one-fourth OF per cenr
against One-half OF I Der cent tn5sr
e old law. The national banker nuts
deposit IN our Treasury OF the United .
stes the fun amount Of the face issue
money IN the form OF national Sc
rites. known as bonds {
Mark this On these bonds he draws {
artery interest The maximum inter b
drawn BY any United States bond
" is ( per cent per annunl. the lowest b
per cent The United States govern o
znt becomes custodian Of his property
q he is paid interest thereon guarta-- >
as 7 have said.
r or Illustration a national bank Is
.AollSIed az BarbourviIle- Va. with I
ie-y capital The United States Treas I
y asEEefs TO him. sealed. but not I