The Caldwell tribune. [volume] (Caldwell, Idaho Territory [Idaho]) 1883-1928, 1909-05-01
SOCIALIST GIVES
HIS REASONS

MY dear SIT:
l have just read, and with much in
terest, what you say under "Independ-
ence Day." l will ask you if the peo-
pie of Caldwell are to your mind los
ing the spirit of patriotism any faster
than the people of the United States
generally are? Note what the "Out-
look" of New York City has to say.
1T is edited by that very conservative
man, Lyman Abbot, a Congregational
minister)
THE N. Y. legislature presented
during last week the diverting specta-
Gle of treating itself seriously. 1t has
rejected in both houses Governor
Hughes bill for direct nominations,
and it has also taken steps to make
1t impossible for the governor to call
an extra session. The legislature of
the state of New York has as little
knowledge of public feeling as Louis
XVI. On being told about the upris-
ing among the populace of Paris he
said, cit is a revolt" and the answer
came quickly, Sire, it is a revolution"
There is a ground-swell of public
opinion at present, the force of which
the professional politicians seem en-
tirely unable to measure; and for the
obvious reason that the movement is
moral one, and there is nothing in
side the machine politician which en-
ables him to recognize such a move
ment. Mr.. Timothy Woodruff occu-
pied himself last summer by trying to
make up his mind whether he would
allow Mr.. Hughes to be governor of
the state of N. Y; the members of the
legislature of N Y, initiating the ex-
ample of the Republican leader, may
profitably spend the summer making
up their minds whether they will al
low the people of NJ Y. to govern the
state or not. This will be an interest
ing intellectual exercise; though it
will have no practical importance. Any
combination of so-called vested poll
teal and business interests which at
temps to stand in the way Of demo-
cratic movement now in progress
throughout the United States is build
ing wall of sand on the beach with
vernal tide coming in"
Any combination of so-called vested
political or business interests which
attempts co stand in the way of, or to
tax and manage the affairs Of a repub-
lie as the United States is supposed to
be, must do it in the interest of all of
the people, otherwise patriotism will
die out.
l well remember the old "Independ-
ence Day" when / was a youngster.
This was before the days of the pro-
tective tariff. Before the days of the
so-called protected interests, before
the time when the farmers and miners
paid all the taxes as they do now. We
farmers then could celebrate the 4th
of July and go to the fair as we'll,
and did go. But this was over forty
years ago. This was before the G. o.
P. shook the shackles from the 4,000,-
900 slaves in the United States, and
by the various acts of congress, in the
interest of commercialism (banks,
factories, etc., these shackles have
fallen upon the American farmers,
miners, and other producers of wealth
of the country, and because of this
patriotism is declining.
And, Mr.. Editor, these patriotic
lays were before the days of the gold
standard; before the days of asset
currency; before the time when the
farmer paid interest upon the assets
and the currency as we'll. Before the
time when the people Of the United
States paid $500 per capita to the
banks to keep money in circulation.
Before the time when banks could
lend money that did not exist. Note,
If you please, the annual report of the
comptroller of currency, pages AZ to
40. Deposits to the amount of $13,-
654 ,535, 34S00 in the 23,937 banks.
Cash in the 23,937 banks, $1,15S,742,-
316; In this in included s4S,225, 900
gold treasury certificates to order"
and $79,31S,000 clearing house certifi-
Gates. Do you, Mr.. Editor, expect the
people to be patriotic with such as this
hanging over them, and that by the
acts Of the congress of the United
States?
Just think, all deposits loaned out
except about ~ per cent. Then turn
to page 81 and you will find that the
aggregate capital of the 2S,6S7 banks
is but $1,745.s 100000. To allow them
an average of 6 per cent upon their
loans would equal SSA per cent upon
their investments. To put It in another
way the productive industries of the
nation are pouring into the laps of
this monopoly an annual gift of nearly
5000, 100000 for which the people get
absolutely nothing in return. Think
of this and then expect the people to
get out and celebrate Independence
Day, VIII, my dear sir, there is moth
Ing lsft to celebrate but the memory
of the day. Only for these facts
should not have voted the Socialist
ticket last fall; 1t is the only party
hnt anu paliaF