Mexico weekly ledger., 1910-10-06


to contribute to the success Of the
Republican campaign from funds be-
longing to the policy holders and wild
ows and orphans. The Democratic
candidate for President. Judge Par
ker, during the campaign, made the
charge that large contributions had
been exacted from the great corpora
tons of the country by the Republican
managers, w%hereupon his opponent
entered an indignant denial.
Panic of 1907.
The exposure of the practices Of the
Republican party in the national cleo
ton of 1904 aroused widespread in
dignation. The President of the Unit
ed States, who with his party had
been the beneficiary of those prac-
tees, became their most violent de-
nunciator. His Nominations aroused
and alarmed the country, eventually
producing a panic. The sufferings
from that panic Of 1907 are said oy
ludll W nttG DGtH GfCA AiDAO d0uNN
than those from the panic of 1893.
The beneficlaries Of the special
privilege Legislation of the Republican
party had been SO successful in their
efforts to control Congress and the
President for their benefit that the
transportation and financial interests
of the country which had become al
lied with them, appeared to have
formed a combination for mutual pro
lection.
This Capitalization of power, wheth'
er 1t be political, or commercial, or
financial, is the natural result of Re
publican policies. If, as Is claimed,
the great struggle of to-day is between
predatory wealth and the interests OF
the plain people it can clearly be
traced back, as | have attempted to
do, to the reprehensible practices OF
those who represented the Republican
party and who championed its policies
and its candidates.
The first or most effective blow re
ceived by those interests vas given
by a patriotic Democrat, an able jur
list, a distinguished Missourian, the
lamented Amos M. Thayer, who in his
celebrated decision in the Northern
Securities case laid down broad prin
ciples Of constitutional government
or in effect really made law which IL
now accepted and respected by courts
and legislatures, as well as by all the
people.
Payne-Aldrleh Tariff Bill.
As the presidential election Of 1905
approached. the Republican party
realized that 1t could no longer post
pone or ignore tariff revision. The
most prominent candidate for the Re
publican nomination for the presiden
cy and the choice of Theodore Roose
welt for his successor, was William II
Taft, who had been the special advo
cate of lower duties or no duties OF
importations from the Philippines, ant
In all OF his u%tterances had In unmis
taxable terms advised a downward re
vision OF the tariff.
II Mr.. Taft's nomination stood fol
anything more than his personality OF
his personal public service, or tht
preference expressed for him by Mr.
Roosevelt, 1t meant lower tariff duties
II his party should be successful. He
convened Congress in special session
eleven days after his Inauguration
and after four months Of labor thai
body brought forth the Payne-Aldricl
tariif law.
President Taft, about thirty day.
after the law went into effect, or ii
September, 1909, made a speech a
Winona, Mimi, in which he praised
the law as the best ever enacted.
The standpat Republicans CLAIM
that the Payne-Aldrioh tariff law il
the fulfllment OF pledges made ii
their platform of 1908. The claim car
not be sustained. In his speech o
July s, 1908, accepting the presidential
nomination, the President said thai
the tariff in a mum Der of the seized
ules exceeds the difference between
the cost Of production of such articles
abroad and at home, including a rea
sonable profit to the American pro
ducer." yet when he advised Congress
by message that he had signed the
Payne-Aldrich bill, on August 9th
1909, he said that the excess has no.
been reduced in a number Of cases
People Are Betrayed.
1t is a betrayal of the trust OF the
people and the President and all O
his Republican allies have been TOLD
SO in emphatic terms by the peopk
whenever they have had occasion O
opportunity to express themselves.