Gloucester County Democrat., 1908-07-16

vorite banks. 1t has used an emer-
gency for which 1t is largely RESPONSE
bic 10 force through congress a bill
changing the basis of bank currency
and inviting market manipulation and
has failed to give to the 15.000,00 de
positors of the country protection in
their savings.
We believe that in SO far as the
needs of commerce require an emer-
gency currency, such currency should
| be issued, controlled by the federal
government and loaned on adequate Sc
curity to national and state banks. We
pledge ourselves to legislation under
which the national banks shall be re-
quired to establish guarantee fund
for the prompt payment Of the depos-
! itors of any insolyent national bank
under an equitable system which shall
be available to all state banking insti-
| tutions wishing to use it.
We favor a postal savings bank if
the guaranteed bank cannot be secured,
and that it be constituted so as to keep
the deposited money in the commune
ties where it is established. But we
condemn the policy of the Republican
party in providing postal savings banks
under plan of conduct by which they
| will aggregate the deposits of rural
communities and redeposit the same
while under government charge in the
banks of Wall street, thus depicting
the circulating medium of the produc-
| ing regions and unjustly favoring the
speculative markets.
We condemn as a
The Misuse of violation of spirit of
! Patronage. our institutions the
action of the present
chief executive in using the patronage
of his high office to secure the nomina-
! ton of one of his cabinet officers. 4
! forced succession in the presidency is
scarcely less repugnant to public senti-
ment than a life tenure in that Office
No good intention on the part of the
executive and no virtue in the one Sc
lected can justify the establishment of
dynasty. The right of the people to
| freely select their officials is inalien-
able and cannot be delegated.
| We pledge our
Protection Of selves to insist upon
American. the just and lawful
Citizens. protection of our cit
liens at home and
abroad and to use all proper methods
to secure for them, whether native
born or naturalized, and without dis
| tinction of race or creed, the equal pro-
lection of law and the enjoyment Of all
rights and privileges open to them un-
der our treaty; and if, under existing
treaties, the right of travel and sojourn
is denied to American citizens or recog-
milton is Withheld from American pass
ports by any countries on the ground
of race or creed, we favor prompt ne
| gotiations with the governments of
such countries to secure the removal
of these unjust determinations.
We demand that all over the world a
duly authorized passport issued by the
gsvernment of the United States to an
| American citizen shall be proof of the
| fact that he is an American citizen and
shall entitle him to the treatment due
him as such.
Water furnishes
Waterways. the cheapest means
of transportation,
and the national government, having
| the control of navigable waters, should
/ improve them to their fullest capacity.
We earnestly favor the immediate
adoption of liberal and comprehen-
siye plan for improving every water
course in the Union which is justified
by the needs of commerce, and to se-
cure that end we favor, when prac-
| ticable,s the connection of the great
| lakes with the navigable rivers and
with the gulf through the Mississippi
river. and the nayigable rivers with
each other, and the rivers, bays and
sounds Of our coasts with each other
by artificial canals, with view to per
| fecting system Of inland waterways,
to be nayigated by vessels Of standard
| draft.
| We favor the coordination Of the
| various services of the government
connected with waterways In one
service. for the purpose Of aiding In