The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1909-08-23
as ali the banks could have more than
met the demand for currency.

as ali the banks could have more than
met the demand for currency.
Losses Laid to Suspensions.
'I am sure that ali trustworthy au-
thorities Will say that at least one-half
ana possibly wo-thirds Of all the losses
OF the crisis of 1907, direct and indirect,
were due to the fact that there was a
general suspension OF bank payments
and complete breaking down OF our ex-
changes; that the public confidence was
so shocked as to destroy completely
normal conditions for many months.
This is your record upon our finan-
cial and currency legislation. chal-
Ienge you 10 find a single living man
with so rotten one. It is record of
ignorance or political oowardice or a dis
graceful hybrid of the two. And yet.
sir, YOU assume TO dictate the financial
and currtr legislation OF a civilized
country"
After aC cusing Cannon of deliberately
conspIring with Senator Aldrich 20 pack
the Conference Committee on the tariff
bin against the House bill, Mr.. Fowler
adds:
I have gone into these details to lay
bare your miserable, contemplate false
pretense. and TO expose your duplicity,
treachery. and perfidy TO thst legisla-
tive body over which you preside. whose
bin you were bound to defend and not
destroy.
rs It possible that you, the Repub-
iican Speaker of the House of Repre-
sentatives. and Senator Aldrich. chair
man of the Finance Committee of the
Senate. entered into a conspiracy to
secure the adoption OF the Senate bill
in general and the highest rates in both
bills throughout for the purpose Of dis
crediting the President by repudiating
his pledges and the platform of the Re-
publican party?
Looks Like Conspiracy"
Taking all the facts as they appear in
the case. from start 20 finish. a lawyer
an intelligent criminal lawyer. would
say that Il looked ike a conspiracy.
You seem 20 have measured the eondi-
tons with accuracy and to have calcu-
lated the distances 70 the various points
Of agreement carefully, and you seemed
TO be almost upon the point Of eonsum-
mating your undertaking when the
great unknown factor became tbe-de-
termining force.
sCannonism' in its highest and most per-
feet development,
II challenge you 20 cite in all our po-
litical history more dishonorable and
disreputable piece of business unless,
perchance. you cite something in your
own career of which the people are not
advised"
Outlining a program by which the
House could rid itself Of One-man
power, Fowler closes his letter thus:
These pledges have become necessary
because Of your assumption and abuse
Of power which you and your confed-
crates have already brought the Re
publican party almost to certain de-
feat. possibly disruption and destruc-
ton. unless .Cannonism' with all its
eerrupting, degrading and paralyzing
influences, Is torn up root and branch
The Republican party will not brook nor
condone your contemplate trickery and
traitorous treacherys your disgusting
faVoritism and vengeful malice, your
brutal despotism and daringiy desperate
methods
II the Republican party wins the
next Congressional election. II viii only
be upon the grave Of 'Cannonism, =