Audubon County journal. (Exira, Iowa) 1884-1993, 1910-08-11
Repositories are selected by some standard.
either Of population or of business which
could he spilled inhexibly to the whole


either Of population or Of business, which
could he spilled infexibly to the whole
country.
!, Second the, most serious objection to
the law will be Found in the disposition
Until ea few = weeks saer before the
bill passed it had never been suggested
that the money SO taken. in at the post
office was under any circumstances, to
be removed from the communities In
which it was gathered, except as it went
out under the ordinary laws of commerce
and trade.
The subject has been considered by
more than one postmaster general, bills
had n. been int introduced and reports made
timated that it would be wise. to with
draw these funds from the locality of the
postofice and invest them in government
the fundamental iSea that the money put
in the postoffices should not be with
drawn by the government from that com
munity.
The power of the east over the west in
controlling the supply of money is already
too great, and what we have done will add
UNNECESSARILY to the eastern influence.
Protect Country Banks.
In my Judgment, if we want to popu-
larize postal savings repositories, and al
low them to fulfill the purpose we have
the law so that the country banks will
not be injured, and so that money will
in the localities to which it naturally
flows
In this connection st must be permitted
trail bank 1t will soon be a live question
in American politics, and it is high time
that republicans should give 1t that fire
side consideration which IN the end set
fret and fume about it; they may write
books about it; committees and commits.
sions may sit upon it, the Congressional
ing it, but finally the quiet reflection of
the farm and factory the shop and store,
the street corner and the roadside will
enter the judgment.
The proposal has not yet taken definite
form, but it is in the air that central
bank shall be established, with the sole
termining therefore, how much money at
any given time we shall have and how it
shall be distributed.
do not say that 1 will oppose a cen
pose any bank with the powers that
have described, for if that misfortune
should befall us we would suffer finsn-
Industrial servitude which now atfiicts us.
In the consolidation of the great banks
now in progress we see the preparation
or less, can exert an influence which makes
the country tremble in apprehension of
their mighty strength, and If we permit
them to enlarge their authority we will
follow.
Rank and File United.
You will bear me witness that l have
differences that have developed amongst
our party leaders and our party men; but
I am profoundly of the opinion that in
the body Of the party there is but but littl I'll,
and file of the, party are of one mind,
and when the clouds of prejudice, misun-
derstanding. and transformation lift there
will be better and truer vision of iea
pending issues and important questions
On both sides those who speak and act
for the party will be judged in, the final
tribunal of the people; from that judg-
must all yield implicit obedience.
The republican party has past full Of
wise administration and high accomplish
ag m ana b every proud of he 9ysn
career during the period of our SUI
premacy 1t is the height of folly, how
ever, to assert that we have done every
the memories of victories already won
will comfort and inspire us, our eyes
must be kept steadily upon the present
and future, for we have greater work to
hands of man.
The republican party was not born to
make men rich, 1t was born to make men
table of common men. Riches are not
to be despised: but WEALTH should be the
incident OF justly ordered society ana
not the chief object of government.
Full employment for everybody fair
distribution to everybody. protection for
the weak. and check upon the strong.
these ought to be The watchwords of
the party. The square deal is now, as
always, the noblest expression of gov
ernmental purposes.
Wealth is lighting hard for an undue
share Of the profits of labor. Great
wealth, combined wealth, corporate
wealth. is pressing small wealth and in
dividual wealth to the wall with weapons
that modern industralism should no
more tolerate than modern warfare
tolerates poisoned bullets. The nation
was founded upon the assumption that
in full, free and fair competition each
man would receive his just dues. Col
lectivism has made some inroads upon its
rival theory in public utilities; but
general production 1t must he manifest
however, that there is no middle ground
between competition and COOPERATION, and
equally clear that those who either ac-
lively or passively aid the forces of
monopoly or combination are the real
apostles of socialism, for it is not to be
doubted that If we must choose between
monopoly or dominating combination
of selfish individuals or corporate inter-
ests and the monopoly of the government
we are as sure to adopt the latter as are
the seasons to come and go