The Washington herald., 1909-02-07
DRAMATIC RECITAL
BY Mr.. McKINLAY
Continued from Page One.

cf the fairest valleys of our State has
been compile lely obliterated
If lie were permitted 10 c7sae he would
ultimately wipe out our civilization on
the Coast II IS not strange that he desires
70 come a large portion o. bis native
Islands IS sterile and volcanic. The Islands
contain a population OF ise0e.eo9 inoreas-
ire al the rate OF 5.oo9000 a yea. The
japanese labOrer is desperately poor; he
needs an outlet for his surplrs brothers.
and he wiz get il. But not IN cur land
Il he position the President is taking to-
day IS satisfactory 10 the people Of Csh-
fornia as a matter of public policy. But
Il IS certain the land tenure 92sv must be
enacted some time. and it is mistake
Ia think it IS directed exclusively al the
A>iatics. The present system Cf l3nd
leasing is essentially evil am Visions.
Moreover. the temper Of the people of
California VIII not brook the association
OF japanese boys ranging from twet1y
TO thirty-five years OF age with our own
children in the schools.
Opposes TemPorizinE.
There should be no temporizing on this
point. I am not a constitutional lawyer,
but I believe that before long the SD
preme Court OF the United States viii
be called upon to settle the question of
Asiatic exclusion from white schools in
its relation 70 the japanese treaty rights.
/ I believe California has supreme juridic-
ton over her schools. Two other laws
have been introduced which are radical
and unfair, and they will not be passed
4 am often questioned: Are we 70
have war with Japan? The inquiry need
not be regarded seriously Why don't
you hear the CRY Of japanese war with
England when Australia places a head
tax Of 500 upon the jap Or when
Canada levies "A tax Of 800 upon every
Asiatic that enters her territory? Simply
because Great Britain is not In the habit
o. consulting other nations when she
frames her laws.
The question Of war is Idle Among
those who really know conditions in the
far East the concensus Of opinion is this.
Japan has only ended a preliminary Skin
mish with Russia The Russian defeat Is
not ultimate. To-day Russia is double
tracking the railroad whose ridiculous
inadequaCy led 10 her humiliation. S-e
is preparing 10 protect her frontier, is
making Cp to the present pace Of civil
hzatiOn. and has not turned her face
from the goal set by Peter the Great
II Japan should turn for moment 10
engage in warfare with a second. or even
q third rate. power, Russia would be AZ
her throat. The statesmen Of Japan know
this phase % the question so much better
( than We co that 1t Is ridiculous 10 dis
cuss il.
But the real danger is not Of war
Ike character. Through the natural
working of economic law the japanese.
Z
drive the latter out Of business Cod
grant that the President OF the United
States. who periodically and sincerely is
endeavOring to hold back somewhat dras-
tic laws N our state. viii do nothing TO
eTIdsnger the real interests Of Californian
civilization. I believe that before many
years have passed the wisdom Of an
Asiatic exclusion law viii be seen. No
stone must be left unturned 10 protect
white men and the white mans CiviliZa-
ton
Senator BaiIey's speech.
At the other reach Of the pendulum in
the consideration Of public questions was
Senator Joseph W Bailey. OF Texas. in
his brilliant and trenchant discussion Of
postal savings banks"
When I addressed this institute
year ago declared that If the banks
insisted upon going into the business
Of the government. the government
would insist upon going into the bus
incss Of the banks The words have
come true sooner than I expected.
~Thc government wants TO impose a
tax upon The industry and enterprise Of
the United States
They are going 10 convert the post
ffafz7 inf
eminent Is going TITO the banking bus
soess IN competition with you- Upon
the pretense Of relieving a distressing
situation. IT VIII really agsravste It. Is
It right for the American government
to engage in competition with the
American citizen?
These significant increases Of govern
mental power are iTrevocable No gov
eminent would having taken an aggres-
siVe step forward ever TetraCe IT, Az
power IS aggressive. Put the government
in the banking business and il VIII put
you out of business"
Assistant Secretary Of the Treasury
Coolidge gave a concise and effective
summary Of The financial outlook" He
said:
1T Is true. as the eloquent Senator
from Texas has said. that the Treasury
is running behind. Two years ago the
strong box was filed 10 Overflowing.
When the crisis Of October. 1907. came
upon Us Secretary CortelyOu was enabled.
with dramatic effect. 10 deposit $s0.oo0-
Geo in the banks. and thus ward of an
overwhelming collapse The Treasury
couldn't do that to-day. Should another
period OF stress come. It would stand
idly By.
Half Million short.
We are running short at the rate Of
$4,000 a day. owing 10 ne economies Of
the American people, accompanied by
wave Of prohibition sentiment Returns
from internal revenues have fallen OF.
and yet the expenditures OF The govern
ment can not well be Iesseued-
Besides introductory remarks by F.
PercivaI Wilson, president of the Wash
fngton chapter. William \ Mearns sec
rotary Of the District OF Columbia Sank
ers' Association, spoke on "Hot-house
banking" AMI Rev. DR.. William J.
Kerby. OF the Catholic University OF
America. responded TO the toast Religion
and business.
Commissioner Mcfarland presided fe-
licitousiy as POSTMASTER, and Rowland
r. Rodrick and s Dana Holland provided
the musical inSeriudes. The efficient ban
quet committee. headed by Wallace NICK
Stowell, as chairman. succeeded in plac-
ing this sixth annual event far ahead Of
It's predecessors.
Among the Guests
Among those present were:
r E F Maclarlaad. " A. Mesrus. J. ".