The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1908-09-17
Speech Is Devoted to Previous
Utterances of Taft.
NO CAUSE FOR ALARM.
Tells His Hearers Country Will
Be Safe With Him.
A Bryan and Kern Club of 800
Members Organized.

demonstration mere last night in honor
Of the party's national standard bearer,
". J. Bryan. who reached the city
shortly before : o'clock and who adj
dressed a mass meeting in Convention
hall and overflow gatherings outside.
Presiding over the Convention hail
assemblage was Judge Alton B. Park
er. the presidential candidate of four
years ago, who took advantage of the
occasion to make a personal pledge Of
his earnest fealty to the national ticket
As Mr.. Bryan and Judge Parker stood
side by side before the great assem-
blage which choked the hall to it's ca
pacity the cheering welled up in a
deafening roar. Mr.. Bryan expressed
his gratitude for the nomination of
Lewis s. Chanler as head of the state
ticket and paid a personal tribute to
him.
On the stage with Mr. Bryan and
Judge Parker were the state leaders,
Chairman w. ]. Connors of Buffalo,
Leader Charles F. Murphy of Tam
many Hall and National Chairman
Mack.
The down town streets were
througed all evening long and the pro-
.gress of the candidate from place to
place was made difficult by the crowds
which pressed about him. Augustus
Thomas spoke to the waiting crowd in
Convention hall prior to the arrival of
Mr. Bryan. Judge Parker stepped for
ward to offer a foreword rather than
an introduction. He said:
THE united Democracy of the state
of New York joins heartily with the
people of Rochester in bidding welcome
to our guest of honor and we pledge
him our earnest support until victory
comes"
1T is worth coming a long way" said
Mr.. Bryan. Ito participate in the clos
ing hours of great convention of this
country's greatest state. 1 appreciate
Judge Parker's cordial words in pre-
senting me to you; 1 appreciate the
pledge he has given and especially do
] appreciate his own earnest part in
the fulfllment of that pledge.
Il am gratified that the great conven-
ton which closed today placed at the
head of it's ticket one so worthy to
carry the party's standard in this
state.
Il appreciate the spirit of harmony
that prevailed in this convention. All
metals my friends, fuse at some heat,
and so there come a degree of enthusi-
asm which weldsapss al tagather in a
ont this broad country of ours The
Democrats are getting together to get
control of this government"
Mr.. Bryan's Speech.
The Nebraskan then plunged into his
set speech. He said in part:
"On the labor question Mr.. Taft de-
clares that our demand for a trial by
Jury in cases of indirect contempt is
the most insidious attack upon the jul
diCial system in the history of the
country. According to Mr.. Taft, it
would very much impair the admins
tration of Justice He seems to forget
the very reform which We indorse was
Endorsed by the United States senate
IL years ago and that it was supported
by such Republicans as Sherman of
Ohio. Allison of Iowa. Hale of Maine,
II r~fa.-. 90 fNrr, fafrf rNFU
mont and Knute Nelson of Minnesota.
'It is not attacking the courts to
remove abuses that have grown up
under existing methods of procedure.
His logic, If il were sound. in cases of
indirect contempt would eliminate the
Jury entirely. The criminal Judge does
not feel that his dignity is assaulted
when the accused is given a trial by
Jury; the common law Judge does not
feel that it is a reflection on him for
party to a suit to insist upon trial by
jury; why should it seem such an I'M
lawful thing for jury trial to be
granted in a case of indirect contempt =?
I'm discussing the guaranty of bank
deposits. he betrays the same tendency
to substitute gloomy foreboding for
reason and arguments. He says:
"'If the proposals were adopted
exactly as the Democratic platform
suggests it would bring the whole
banking system of the country down
what is this difficult thing that
will devastate the country if his aspir-
ations for the presidency are
thwarted? It is the protection of the
depositor who is invited to entrust his
savings to the care of banks. There
are fifteen million depositors in the
United states and they are calmly as
only be safe when the depositors are
insecure-that to secure the depostors
would make banking insecure. This
logic may satisfy the big financiers
n
ments, but it will not satisfy the mil
lions whose deposits make banking
profitable, His theory is that a guar
antee fund would invite care1essn ess.
but he overlooked the fact that mu-
tual responsibility on the part of the
banks would compel a stricter super
vision and a better regulation.
ain his anxiety to manufacture a
case against the guaranty system pro-
made a ludicrous mistake"
Points to Oklahoma.
In Oklahoma the plan has been put
into operation and it has resulted in
the best regulation of banks that any
state has attempted although some
seven months have passed, and the
guaranty fund has not been reduced a
dot the only failure was prom pity set
tied without loss to the depositors and
without Inconvenience to the confInun-
ity and the assets of the bank when
collected we're sufficient to reimburse
the fund.
1T is sometimes asserted that new
bank being about to promise absolute
security would draw depositors away
from the older banks by paying a high
er rate of interest. This would be I'M
fair because the new banks credit
would rest upon the guaranty fund and
established by the older banks and be-
cause il would be unfair. it is not per
mitted in oklahoma. There the bank
Ing board fixes the maximum rate OF
interest which can be paid on deposits
1t is at the present 3 per cent on short