The Bridgeport evening farmer., 1911-07-03
DEMOCRATS FULFILLING
 PROMISES
What the House Has Al \ ready Done = Taft and
 Aldrich's Central Bank
 Scheme.
(By Tayenner.)

Washington, July 3.-"The young members of the House are working like veterans. The present house is one that no Democrat, or any oth- CT American citizen, need apopogize for. I believe that the country thor oughly appreciates this, too"
 Thus declared Speaker Champ Clark. '"The Democrats in the House are fighting a good fight" continued the speaker, as he looked up from a desk piled high with correspondence. reports of Investigating committees, and an assortment of books sufficient to serve an ordinary man as com
 We are fulfilling as rapidly and as literally as possible every promise made to the people.
 We promised in the Denver plat form to reform the rules of the House, and we have done it. That is an accomplished fact.
 We promised the people that we would submit proposition to amend the Constitution to permit the people to vote direct for United States Sem ators. The House promptly passed such a measure.
 We promised to pass a bill com polling the publication of campaign expenses before the elections. That has been done.
 we promised to admit New Mexi- co and Arizona We have done our best to bring that about. It IS up to the Senate.
 We promised to cut down the dis bursements of the Government. We have already made beginning by abolishing more than, one hundred useless offices in and about the House. thereby saving s1s2,Ooo an nually. This is only an earnest ex- ample of what we will accomplish
 We are living up to the Jefferson lie expense that labor may be lightly burdened. No doubt we will be sneer- ed at by spendthrifts as cheeseuar- CTS, but hard headed, sensible folks will lindorse our action, because 1t de- serves to be indorsed
 We promised to repeal the tariff on wood pulp, print paper, lumber, timber and logs and that those arti- cles would be placed on the free list. So far as the Democratic House is concerned that pledge has been full filled in the Reciprocity bill and the in the Republican Senate.
 "Twenty-six Republicans voted for the Underwood wool bill It had d majority of 121. My prediction is that it will pass the Senate and be- come a law and prove to be of vast
 
 cheapening the cost to the consumer.
 That is not all," continued MT. Clark. We are /going on down the line. We will take up cotton next and then steel and sugar and food stuffs. We are getting to tariff for revenue basis. That is Democratic doctrine. If the Senate will do it's duty the people will be greatly bene7 f1ted by this session.
 Taft Still With Aldrich.
 President Taft's recent statement that the adoption of ex-Senator AL drich's currency system, designed to put the controlSof American money absolutely in the hands of Wall St bankers, is the most important leg islation now pending, has resulted in the old issue being raised between himself and progressive Republicans.
 He has presented himself and his administration as a new menace to public interest. and raised the Demo- crats and progressive Republicans to higher plane of public usefulness. as the only effective force the public can absolutely rely upon to resist the aggressive money power of Morgan and the Presidents efforts to serve it.
 Both Aldrich and MT. Taft declare there is no intention of establishing anything like a central government bank. But nobody can read the AL drich plan in detail without realiz- ing that it is a central bank of issue that he proposes. His so-called Reserve association of Am erica is to be the depository and fiscal agent of the national government It is to have the sole issue power Itl may receive deposits from those na- tlonal banks that are stockholders in 1t. It shall establish branch banks, which, just as under the central bank, thus taking money out of the community which would otherwise be | loaned out for investments in home enterprises. It may buy and sell gov ernment and state securities and gold l coin or bullion. It may rediscount paper for banks depositing with it.
 In short, the Aldrich reserve as- sociation is bank with immense priv lleges and powers, but without the name of bank Wall street will words central bank were omitted because of the prejudice against such | an institution by the country banks. | Uncle Sam once tried a central bank | It was manned and manipulated by | politicians and brought panic on | the entire country. Aldrich's flimsy | misrepresentation, even though en- dorsed by MT. Taft, will accomplish | but little. Remembering it's last ex- | per1ence, this country will not stand | TOT another central government bank. |
 A Democratic Doctrine.
 Election of senators by direct vote | of the people, which is now held up in Congress by an amendment sup ported by Bristow of Kansas and the | entire group of special privilege serv- CTS in the Senate, is distinctly a Dem | ocratic proposition. The report of | the proceedings of the Republican na- tlonal convention of 1908 shows that | the vote on including in the platform a demand for the election of senators by the people was: Yeas 114 and nays 866.
 What Free List Means.
 The Democratic free list bill in | congress simply means that the far mer will get his vehicles, farm tools | wire fencing, harness and shoes for less money. Is not that a good thing? 1