Manchester Democrat. [volume] (Manchester, Iowa) 1875-1930, 1911-11-08

pany, was WOlEn &$10U,VVO. Oy olAS
mere process of joining the trust it
sweqled to s7,500,00O and, later. was
treated to a further dose OF $22 ,OOO,-
600 in securities, and earns 10 per
cent on that. And in % years the
Duke property, a $3.50, 900 proposition,
has earned" $4,000, 900. or $500
per cent. How long will the Ameri-
can public stand for the game OF
watered stock, Industrial monopoly,
rising cost OF living and commercial
lied politics?
Republicans ii De SPAR.
President TAFT s. a.!usion to the
defeat OF his party next year was not non
at all pleasing to republican leaders.
Nothing discoureges party 50
much as the prospect OF defeat, and
for year past the republican par
ty has been facing more prognostica-
tions OF losing the next administra-
tion than any party in power ever
received. The effect is that the re
publicans have little encourageme emit
to work.
Business Men Against TAFT.
Independent business men. OF the
middle west and far west are at the
head OF the anti Taft movement, says
the Philadelphia North American
(republican). These are the men
who understand that the fight agains'
special privilege and control OF bust
ness and industry by the Morgan
Rockefeller financial combination o
Wall street is a fight for the inde
pendence Of legitimate business
Vetoes are Remembered.
The people Of the middle ives
greeted President Taft most cordial
", as became good citizens, Will
the mental reservation not to Vot<
for a second term to the man Who
has, arbitrarily exercised the vett
power against reasonable reducdiol
OF exorbitant duties on their clothing
and other necessaries. K
The trust game OF bringing out tn
old DOGGY Man called Business De
pression" who always is kept righ
up in the front part Of the stag
when ever an election approaches
being played again. From Wall
street comes the cry. that Democrat
ic Investigations, and Supreme cour
decisions, and the cry for low tariff
and dozen other such calamitie!
are constantly threatening business.
The purpose of these walls, it !:
becoming more and more apparent
is to gradually brighten the voters OF
the country into a state of mind thai
Will make them fear to put in power
IN administration which will cut the
high tariff duties.
The trusts pretend to be great,
wrought up over recent suits agains
some OF their number. They pre-
tend, for instance, to be in pani
because OF the suit against the stee
trust, and are trying to make the
country believe such activities a:
these against Big Bus mess will re
suit in general industrial depres
sion.
And while they are sending ou'
these alarms they know that thu
suit against the steel trust vii
amount to nothing as long as a re
publican administration is in powe7
to prosecute it. Similar suits wer
filed against the beef trust by a re
publican attorney general eight year:
ago, and that suit hasn't progressed
an inch since it was filed. notwith
standing that is has been held w
dozens OF times as a horrible ex
ample" of the way the politician:
We're disturbing business.
II the suit against the steel tr.f'
were prosecuted with all reasonable
despatch it wculd require two OF
three years to get it before the ST.
preme Court, hence the cry that this
suit ALARMS business becomes rid
iculous.
The real reason business is alarm
ed, if it is true that business Is
alarmed-which is question that is
open to arguments the fear Cd
those business men who operate on {
moderate scale that the money trCs'
is getting a grip on the industri7.
situation which no political party
will be able to, break. These small
business men are apprehensive only
in the degree that they fear the
money trust controlled by Morgan
will make some move to discipline
those who are crying fer a low tar
if, and for some relief from the abb
normally high cost of living.
The Morgan crowd is standpat re
publican to the core, and regardless
of what Wal. street talks about now,
there srlittle doubt that what it is
thinking about is the possibility of a
tariff cut by the democrats. To fore,
stall this menace the billionaires are
stirring up the old cry of danger tc
business" and getting ready to make
their usual attempt TO coerce ancth
er stand pat republican victory !:
year from now.
The tariff is still the issue or
which the two parties must fight it
out next year. Knowing this, Wall
street is already laying plans, and
since the only weapon these money
barons know how to use, since they
have neither facts nor justice to aid