The San Francisco call., 1910-05-27
ROOSEVELT SURE
WINNER, He SAYS
Former Senator Declares That
Colonel Is Certain of
Reelection

That Roosevelt will be the next
president. because it is his desire and
that of the people, is the opinion of
charles A. Towne, once United States
senator from Minnesota for a short
period and later congressman from
New York. He is practicing law in
New York and is in this city represent
ing some clients in a legal capacity.
He registered at the Palace yesterday.
Roosevelt wants to be president for
another term and the people want him
to run again." Towne said yesterday.
Il don't believe that if Taft received
the combined nominations of the re-
publican and democratic parties he
could defeat Roosevelt running inde-
but do not like him as president He
did more to destroy the coordination
of the federal departments than can
be Strengthened out in a century. He
is pagan fatalist and believes that
he was created to do big things all the
time and he is trying to do them. His
own will and Judgment are his mas
terS."
FEARS DEMOCRATIC SUCCESS
Towne believes that a democratic
majority in congress next year is a
thing to be expected and feared. The
democrats with hostile senate and a
partisan president could do little. he
says, in progressive legislation and
would only weaken their party for the
coming battle two years hence for the
presidency.
Towne is a notable orator and was
an advocate of the free coinage of sill
yer in 1896. In speaking of the pres
ent measures for reforming the cur
reney Towne said that there was a
vital necessity for change and that
the trade with China was suffering
tremendously because of this neces-
sity.
Those. who recall the discussions of
1885," he said, will remember that
some of us based very large part
of our demand for the restoration of
a permanent monetary relation be-
tween gold and silver upon the neces-
sity of preventing progressive fall
in silver exchanges with oriental coun-
tries and in maintaining stability in
those exchanges.
SERIOUS DANGERS
I'VE are today face to face with
serious economic dangers, due to our
failure to achieve that result. The
rapid and almost continuous fall in our
exchanges with the orient acts as an
automatic tariff against our exports
to China and as an automatic premium
on Chinese exports to the gold using
countries Take an illustration: In
1897 the silver which a S5 gold piece
would buy would pay the wages for
a day of % fairly skilled Chinese ar
tisans. Today the silver which SIS
gold piece will purchase pays corre-
spending wages to so Cinnamon. In
other words, our folly in permitting a
disassociation between gold and silver
monetary values has brought occi-
dental industry into a competition as
much fiercer now than then as the
ratio between go and 25. No wonder
that more of our ships are leaving this
coast for China empty than coming
back heavily laden.
mo wonder that Chinese pig iron
supplies a Seattle mill. No wonder
that modern mills at Shansi and Han
kow where 100 Cinnamon do the work
of rs white men for the pay of 10
white men, are working night and day
in the manufacture of steel rails,
many of which are already finding
their way to a market in the United
States.
These observations are not indica-
tive of a disposition to renew an older
discussion. They are merely intended
to call attention to a present peril
constantly becoming more menacing
and calling for the utmost wisdom of
occidental craftsmanship"