The Oskaloosa herald., 1910-08-04
eastern influence.
Protect Country Banks.

trotect Country bdnNe.
In my Judgment, If we want to
popularize postal savings repositories
and allow them to fulfil the purpose
we have had in view, we must speed
lily amend the law SO that the coun-
try banks will not be injured, and so
that money win be permitted to per
form It's full functions in the local..
ties to which it naturally flows.
In this connection must be per-
mitted to dwell upon the proposition
for, central bank. 1t win so9n be
live question in American politics, and
1t is high time that republ Jeans, should
give it that 1 fireside consideration
which in the end settles all public
problems. Leaders may fret and
fume about IL; they may write books
about 1t; committees and commissions
may sit upon it; the Congressional
Record may be filled with pages con-
corning it. but finally the quiet refec-
ton of the farm and factory; the shop
and store, the street corner and the
oadside will enter the Judgment.
The proposal has not yet taken de-
finite form, but it is in the the air that
central bank shall be established,
with the sole power of issuing paper
money and of determining therefore
how much money at any given time
we shall have, and how it shall be dls-
tributed.
do not say that | will oppose
central bank, but | do say that ! VIII
oppose any bank with the powers that
I have described, for If that misfor.
me should befall us we would SUI
err a financial slavery more complete
,yen than the industrial seryitude
which now afiicts us.
In the consolidation OF the great
banks now in progress we see the pre-
Daration for such a condition. Al
,eady a dozen men, or less, can exert
an influence which makes the country
tremble in apprehension OF their
mighty strength, and II we permit
tbam to enlarge their authority we
will richly deserve the suplugatlon
which will follow.
You Will bear me witness thal !
lave moi attempted to eVade or OBJ
;cure the differences that nave ue-
yeloped amongst our party leaders
md our party men; but | am pro
oundIy of the opinion that III the
BODY of the party there Is but httle
conflict of opinion. At heart the rank
md file of the party are of one mind,
md when the clouds OF preJudice'
misunderstanding and misinformation
lift there will be a better and truer
yision of. impending issues and I'M
ortant questions.
On both sides those who speak and
Let for the party will be judged in the
sal tribunal of the people; from that
Judgment there is no appeal and 10
we must all yield implicit obedi-
ence.
The republican party has past
Ill of wise administration and high
accomplishment, and every citizen
tho loves the flag must be proud Of
il country's career during the per-
ID OF our supremacy. 1t Is the
eight of folly, however, to assert that
7e have done everything well. or left
othing undone. While the memo
les of victories already won will
omfort and inspire us, our eyes must
e kept steadily upon the present and
nture, for we have greater work to
% than ever before has fallen to the
ands of man.
The republican party was not born
o make men rich, it was born to
lake men free. 1t cannot survive
Ipon the feasts of millionaires, II
must live at the plain table of COM
non men. Riches are not to be de-
ipised; but wealth should be the in.
!ident of a justly ordered society and
lot the chief object of government.
Full employment for everybody,
air distribution to everybody, protec-
ion for the weak, and check upon
he strong-these ought to be the
Yatchwords of the party The
square deal" is now as always, the
loblest expression of governmental
purposes. O.
Wealth is fighting hard for an I'M
lue share of the profits of labor.
atireat wealth. combined wealth, cor
porate wealth. is pressing small
wealth and individual wealth to the
wall with weapons that modern in
iustrialism should no more tolerate
Than modern warfare tolerates pois-
oned bullets. The nation was faund-
ed upon the assumption that in full.
tree and fair competition each man
would receive his just dues. Cob
tectivism has made some inroads up
On its rival theory in our public util-
tiles; but as yet we have not court
ed socialism in general production.
II must be manifest, however, that
there is no middle ground between
competition and cooperation, and
equally clear that those who either
actively or passively aid the forces of
monopoly or combination are the real
apostles of socialism, for II is not to
be doubted that If we must choose
between a monopoly or dominating
combination of selfish individual or
corporate interests and the monopoly
OF the government we are as sure to