Rock Island Argus. (Rock Island, Ill.) 1893-1920, 1911-11-07
RY CLYDE II. TAvENNER.

y
Especial Correspondence of The Arguso
Washington, Nov. 4.-The democrat
ic national congressional committee is
leaving no stone unturned to keep the
house of representatives safely demo-
cratic.
The headquarters of this organiZa-
ton in Washington have not been clos.
ed during the entire summer. Con.
gresham James T. Lloyd of Missouri,
chairman of the committee, is person
ally "on the job" prosecuting vigor-
Gus campaign of organization work, d.
recting the dissemination of facts show
ing what the democratic house mas al
ready accomplished, informing the
country as to the true purpose of the
democratic program, and in all legiti-
mate ways doing everything he can to
bring about national democratic har-
mony and cooperation.
Mr.. Lloyd has more than anticipated
the ideal of campaign publicity legis-
lation by making ii strict rule 10 see
that every dollar that has been in.
trusted to the committee has been hon
estly spent Under his management
there has been no "entert ainment'
fund, or anything Of that order. No
"junkets" have been financed out of
the funds at his disposal. From the
first Mr. Lloyd has been determined
that the methods of the committee
should conform TO the highest standard
of business morals.
A feature of the committee work
lit
est is the publicity bureau, which is
the largest bureau of its kind that the
democrats have ever maintained in the
national capital. Encouraged by the
bright prospects confronting the de-
mocracy of the nation, the democratic
editors of the country are using gen
erously of the information sent out by
the bureau. More than 1000 newspa-
pers are regularly printing the letters
sent out by the committee, thus keep
ing the democratic viewpoint constant
ly before the country.
TAFT ECONOMY
Under the Taft policy of cut to the
quick" economy. which was much talk
ed about when Mr. Taft first went into
Office, the government overspent its
revenues during the first 80 days OF
October by S4.64SG94. Thus far this
fiscal year. which began July /. the ex-
pendituTes of the government have eX-
ceeded the receipts by more than 800
100000. which is sS.OOO,O00 heavier
than the deficit on the corresponding
date last fiscal year. The mad money
spending campaign which is RESPONSE
bic for this state of affairs was a feat
ure OF the legislative program of the
last republican congress.
THE HOUSE OF MORGAN.
That J. P. Morgan's grip on the f.
nancial situation is becoming more and
more absolute is indicated by the dis
covery OF the Stanley committee that
the cash balance of the steel trust,
which he dominates, and of the rail
Dads and other industrial corpora
tions in which he controls heavy inter
ests, amounting in all 70 over half a
billion dollars, is on deposit in the Of
fee of J. P. Morgan & Co. a private
banking concern, not subject to the
supervision of any constitutional au-
thority. This money Morgan can lend
to whom he pleases and refuse to lend
TO whom he likes. Moreover. the con-
troll of this cash gives him the power
TO regulate the credits Of this country,
which makes this one man the finan-
cial dictator OF America
GETTING THE FACTS.
When congress convenes in Deem
Der the democratic majority in the
house will be able TO take up legisIa-
tive matters with more Intelligence
than any preceding congress has
started its winters labor. The rea-
son for this is that various party lead I
ers. as well as many of the house com .
mittee, have been conducting investi- /