The Black Hills union and western stock review. [volume] (Rapid City, S.D.) 1904-19??, 1909-11-12
Sen. CuMMINS
SPIKES CANNON
The Senator From Iowa De.
livers an Address Before
the Marquette Club.
FALLS ON TARIFF, RAILROADS and loNEY
lakes Reference to House Rules
Showing How Matters are Con-
ducted-Coes on Record.

Senator A. B. Cummins of Iowa,
delivered an address Saturday even
ing before the Marquette club OF
Chicago, in which he made reply to
Speaker j. G. Cannon, who recently
criticised the attitude of the Iowa
Senator and all insurgents" as to the
tariff, declaring that Cummins prac-
tically proposed to join hands with
Bryan. The dispatches credit MIR.
Cummins with saying:
'The day has come for an inquiry
into the qualifications of republican.
l am willing to accept an arbiter, but
it will not be Aldricl, it will not be
Payne, it will not be Cannon. They
are all republicans and l hope they
will continue to be republicans / as
sumo they voted according to their
consciences; and while l differ from
them materially and emphatically, 1
have no disposition to enter the bust
ness of expelling men from the repub-
lican party SO long as they yield even
nominal allegiance to the republi-
can platforms and support republican
candidates ] say it of them land
say it with the utmost good feeling
for them personality that the republic
cans who are in sympathy with the
course pursued by the insurgents who
are to take away from these men
some of the power which they now
exercise, and intend to reduce their
influence to that point at which they
will feel it necessary to consult rather
than to commando -
Senator Cummins said he had never
advocated general revision Of the
tariff, and never would. .The cru
sade," he said, (which / intend to
strengthen with all nss power, is a
crusade for a tariff COMMISSIONS per-
manent, dignitied and independent
tariff commission; tariff commission
that will gather together the facts as
to the costs of production and lay
them before Congress and the country.
"There are millions Of republicans
who believe that tariff duties should
not substantially exceed the difference
between the cost of producing things
here and elsewhere with fair profit
added. believe they constitute a
large majority of the party, but If
they donot they will in the near flu
ture. They will never quit the fight
until they win the victory, and
warn the men who are so vocif-
erous in their DEGREES of expulsion
that they had better conserve their
strength for self defense. They will
need all they have and more"
Senator Cummins then took up the
currency question. 81 fear, however,;
continued Mr.. Cummins, "that it will
involve one of two things, both Of
which l look upon as hostile to the
welfare Of the American people. Any
plan which subjects the volume OF
our currency to the power and judg
ment of few men who may become
seltishly interested in either expand
ing it or reducing it, is bad, and Il
carried into execution would enslave
the financial world as completely as
some parts of the industrial field are
now held,in bondage. Such scheme
whether called by central bank o.
any other name, is intolerable.
"To me it seems absurd to attempt
to regulate the rates of common car
riers until it is determined upon wha
capital the railway companies Cal
lawfully demand reward. 1t is a
this point that congress has been un
just to the railways 1t is plain tina
one,of the first things we ought to d
as government is TO fix a basis upol
which carriers may earn interest an,
dividends. There are some thing
which having been done, cannot
undone, and, therefore, we may b
compelled to accept the present cap
talization; but we ought to provid
that hereafter there shall be no cap
taliZation that does not represent ii
dependent investments; and by that
mean that neither surplus earning
nor increase in the value of propert
should be capitalized"