Bisbee daily review. [volume] (Bisbee, Ariz.) 1901-1971, 1910-03-04

merit OF us OWL Dlt at Tue OsCtA-
ton OF President Roosevelt. the
most hayward and uaressrainod
parsonage who ever held the chief
magistracy of this republic. aad yet
the most popular
a plot seems 10 be thickeaias %
make the ex-Presideat a popular
candidate in 1912. and whether that
shall be successful or not it is ex-
tremely doubtful if President Taft
Will have the slightest show Of. sue
ceesing himself II Is true TIA;
today the Republican party holds
control OF every department OF the
government. Those ingenious per
sons who are fond OF discovering
the occurrences OF certain sorts OF
happenings in succeeding periods in
connection with particular events
would be able to find some such
coinc:dents in Mr.. Taft's administra-
ton.
Thus. when President Grant was
inaugura;ed for the second time.
March 4. 1873. on a day memorable
among Inaugural occasions for its
intense cold. the Republican party
had control of all three branches OF
government. In the Senate. with q
total membership of "a. the DON'T
nsnt party had a majority of 35.
majority lacking just three of be-
ing double the entire number of
Democratic senators. The Republi-
can majority in the House. which
then had a membership Of 292. was
1876.
Yet despite these unwieldy major
titles in the F'orty-third Congress. the
reaction throughout the country
within the next two years was such
as to give TO the Democratic party
in 1875 control OF the House Of
Representative for the first time
since 1859.
In the fall of 1878 financial panic
swept the country. Railway cxpar-
sion and the fires of 1871 and
1872. which partially destroyed Chi
cago and Boston. greatly emharrass-
ed the financial situation. Fictitious
values which had followed wartime
issues OF greenbscks and other pa
per rapidly declined in value, ana
wheat. which had sold in the sixties
az SO bushel, dropped to a dollar.
Farmers who lad gone in debt for
lands could not pay their mortgages
with their products at such low rates
and they blamed the government FOR
the financial situation and the rail
roads for the freight rates that made
it impossible to market their pro
duets at a profit
The dissatisfied farmers organized
themselves into the Farmers
Grange" and Patrons of Husband
ny" demanding that the government
should issue more money and that
railroads should be controlled and
their rates regulated.
Their attacks on the railroads
made the sale OF railroad bonds diff
ficult. Enterprises depending on
such sales were crippled. and in
September, 1873, Jay Cooke & COM
pany failed. Everywhere depositors
demanded their money; industry was
paralyzed. The financial panic OF
1874, which followed, was one of
the most serious ever known. and
TO It was added the exposure Of
great political corruption in the
dominant party.
The whisky ring" a combination
Of revenue officers and distiIers,
waxing Fat on stolen taxes. was
exposed. The Secretary OF War,
Belznap. resigned to escape i'm
parchment for taking brides from
Indian agents. The Presidents sec
rotary was shown to have been
guilty OF conduct which even the
most tolerant would call indiscreet.
Indian agents were convicted OF hav-
ing cheated the Indians. Congress
men were shown to have accepted
stock from the Credit Mobilier com
pany. the value OF which would dc
pend on certain bills which their
votes would help to pass. So much
rottenness was exposed that, though
resident Grant was above reproach.
the party sheltering the dIsnonest,
lost the congressional elections Ia.
1874 and the Democratic parry
locked forward hopefrIy 70 the
presidential election of 1879
Samuel ]. Tilden was elected by
both electoral and popular votes. but