Daily press. [volume] (Newport News, Va.) 1896-current, 1910-04-14
PRESIDENT ENDORSES
DEMOCRATIC PRiClPlt
Former Candidate for the Office OF
Chief Executive Declares the Pres
ent White House Occupant Admits
Monetary Situation Effects High
Prices-Pleads for Income Tax.

The letter OF William Jennings
BRYAN. written from Brazil. and
which was read tonight before the
Democrats who attended the Jeiier-
son Day banquet here. and those at
a similar fuction in Indianapolis
the letter which caused a cOmmotion
among the local banquet committee
men at it's initial reading because OF
what some of them termed It's unor-
thodox doctrines as follows:
The Letter.
Il thank you for the invitation to
the jefferson Day banquet. While
shall not return 10 the United
states i'm time to attend. can join
YOU in spirit the more heartily be-
cause of what | have learned by Wis
ting other countries. have seen
verywhere the influence exerted by
his teachings. In the nation In
which | am just now sOjourning.
find illustrations OF his idea of con
guest. He contended that We should
conquor the world with our ideals
rather than with our arms, and IN
this sense we are effecting con
quest of Brazil. Her constitution Is
modelled after ours; she has copied
from us the federal system of govern
ment. which united local control OF
local affairs with national Supre-
macy; her flag, like ours, has star
tor each state and her school system
is being made to conform more and
more to ours. These victories, too.
cement friendship, instead of arous-
ing enmity. Hail to jefferson, the
worlds schoolmaster, whose views
contiEue their majestic march around
the earth.
Principles TriumphinG.
But. in our own country, as well
as abroad. ~. principles are triumph
ing. He taught that the art of gov
ernment is the art OF being honest
and each new investigation proves
the folly OF those who refuse TO learn
OF him.
He was the foe of monopoly in
every form and his name is the one
which can. with most propriety, be
invoked when the trusts are attack
cd and when a contest is being was-
I'd for the application OF the prln-
cipies OF popular government.
Il am 50 Tar away from nome that
| am not fully informed as TO the
recent events. but / have just read
CT one Jefersonian victory, namely
the selection of an investigating CON-
mittee by the house instead of by the
speaker. and. better still, each party
selected its members of The commit
tee. This establishes an important
precedent which. If followed, will
make Investigations real and effcc-
tive.
Fight on Monopoly.
81 notice also that we seem likely
10 win a victory against .he meat
trust Monopoly prices have at last
provoked a popular protest. and now
the people are looking for remedy.
There is hope that they will accept
the Democratic remedy. u is not I'M
natural that they should use the boy
colt. even If they punish themselves
while they are innicting punish
mcnt on their opprcssors. but | am
sure they will. in the end. find legis
iation more satisfactory than abStin-
ence from meat. and join with the
Democrats in declaring a private
monopoly-not the meat trust only.
but every private mOn0poiy-indc.
/ feasible and intoicrabie-
But there is another item Of news
which has jus; come TO my attention.
President TAFT. in his Lincoln speech,
a. New York. February r. attn
butes present high prices mainly 70
The increase In the production OF gold
and the consequent enlargement OF
the volume Of money. This unex
Uccfcd Endorsement Of orr party Is
proposition in 1896. when We demand
cd thai the money. a. the only
remedy for falling prices. b. vers
gratifyiuc How valuable that admis
sion would have been 10 use II u had
been made during the campaign oil
that year. whcn the Republican lead
crs we're denying tha; the volume al
money had any influence on price.
and asserting that " d!d not mattel
whether &c had much money or little
provided o. was all good.
Correct Democrats Position.
We may nov consider fhC quarfa
tive fheory - money established be
yond dispuic ard proceed 10 the cor
sidcraiion of Other questions. iiu
the President and bis prcGcsccsso
have admitted the CORRECTNESS 81 M
Dcuoc ratio position m - many arcs
lions that further areHmcri 3. hard
" necessary on any subject wc ma