The Leon reporter. (Leon, Iowa) 1887-1930, 1909-10-21
MORE REPUBLICAN HYPOCRISY.

cerpt from an editorial in the St.
Louis Globe-Democrat which appear
ed Sunday, and not realize that al
though this hide-bound republican
organ would if it dared talk the
other way and care for the Aldrich
Taft crowd, it does not dare to do so
in the face of decided public opinion?
The Globe-Democrat-of which no
one of it's kind ever done so much
to harm Missouri-is now obliged
to confess that even the party with
which it has for the period of it's
existence affiliated and with which
it has done more injury to Missouri
than all of the outlaws who former
ly infested this state is on the wrong
side of the question and that ire
parable injury is being done to the
people of the United States by the
infamous Aldrich-Taft- Cannon
Payne combination. This is best
disclosed through an editorial which
appeared in the Globe-Democrat
Sunday in which the central bank
issue is discussed, and wherein the
Globe-Democrat is obliged to make
the following open statement. 1t
says:
1.-The kind of central bank Which
Mr. Taft, as we'll as Senator Aidrich,
has in mind is one which would be
kept out of politics, and which would
with Wall street. AS the government
would be partner, to some extent,
in such bank, it would be difficult
AS New York is the country's finan-
nfa 81 1,ot ,,,I1
called wall street" finances the
eountry's big schemes, Wall street
would probably have an influence
in the banks operations, regardless
of all efforts which might be made
to save the bank from any such affili,
alton. Such relationship, however,
within certain clearly defined limits.
might not necessarily be embarrass-
ing or harmful"
This is the frank admission which
all the proponents of the central
bank must come to, in an end. Hy-
pocrisy may serve for a time, just
as it did with the tariff, the trust,
and other issues. But the mask
cannot be kept in place always.
We used to be told that the tariff
was paid by the foreigner, and that
it made goods cheaper to the Amer
isan consumer "by stimulating COM
petition" That bit of hypocrisy has
been discarded, and it is now frank
ly admitted that the consumer pays
the tax, that domestic competition
is throttled by the trusts, and that
sit is no part Of the purpose of the
republican party to let in foreign
competition, by reduced tariffs,
that will lessen the price of trust
articles.
So with the trusts We used to
be told there were no trusts. Then
we were told that there were good
trusts" and bad trusts" and that
only the bad trusts" should be pun
ished, while the good trusts" should
be protected. Finally, however, it is
admitted that there are plenty of
trusts, but it is proclaimed, at the
same time, that they are all good
and necessary, except such as may
on occasion refuse to contribute with
sufficient generosity to the republic
can campaign fund.
Who does not remember the full
history of these characteristic bits
of republican hypocrisy and bun
combe?
1t will be the same with the CEN
trail bank. In the beginning we are
told it is to be kept out of politics
and free from Wall street influence.
But by and by we will be told. in the
frank language of the Globe-Demo-
crat, that it is impossible to keep
politics out of it altogether" and
that Wall street must necessarily
have "some influence" which might
not, however, "be either embarrass-
ing or harmful
Eventually will come the brazen
contention that it is proper and right
to allow Wall street to control the
bank, and through it the national
currency and finances, and that it is
legitimate to use it in politics, the
same as the postoffice department
is used. Just as now we are cheer
fully told it is right for the govern
ment to tax million men in order
to raise benefit fund for one man,
and that the tariff ought to be used
to shield the trusts from the neces-
sity of meeting competition.
Plutocracy grows bold and i'm
pudent by what it feeds on.-St Joe
Observer
SENATOR WADE GETS PLACE.