The Farmington times. (Farmington, St. Francois County, Mo.) 1905-1926, 1911-11-09
WASHINGTON LETTER


ny CLYDE H. TANENEt
Washington CORES pondruc" oi lh" me.
Washington, ID. c., Nov. The
Democratic National Congressional
Committee is leaving no stone UNI
turned to keep the House OF Repre-
soutativcs safely Democratic.
The lac adquarters of this organi.
zation in Washington have not been
closed during the entire summer.
congressman james 7. Lloyd Of
Missouri, chairman Of the commit.
tee, is personally con tn" job, -
prosecuting "A vigorous campaign OF
organization work; directing the dis.
s"mination OF facts showing what
the Democratic House has already
accomplished; informing o." coun-
try aS To the true purp"~" OF the
Democratic program, and In all lr-
Ultimate WAYS doing everything h"
can /" bring about national Demo
cratic harmony aud cooperation
MIR. Lloyd has more than autirt-
pat"d the ideal of campaign public.
~ legislation by making It strict
rulo 10 see that every dollar that
a. been iutrustcd to the committee
aS been honestly spent Under
al, management there has been no
entertainment fund or anything
pf that RIDER No "junkrts' 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
in which MIR. Lloyd takes IA deep in
terest is the publicity bureau, which
is the largest bureau Of its kind that
the Democrats have ever main.
tanned in the national capitol. En-
couraged by the bright prospects
confronting the democracy of the
nation, the Democratic editors of
the country are using generously Of
the information sent out by the bu-
rcau. More than two thousand
spapcrs are regularly printing
the letters sent out by the commit
tee. thus keeping the Democratic
viewpoint constantly before the
country.
Taft Economy"
Under the Taft policy of "cut to
the quick economy, which was
much talked about when Mr.. Taft
first went into office, the govern
ment Overspent its revenues during
the first thirty days by A,64S,69l.
Thus far this fiscal year, which he
gan July first, the expenditures OF
the government have exceeded the
receipts by more than $40 900 900,
which Is ~ ,000, 900 heavier than the
deficit on the corresponding date last
fiscal year. The mad money. spend
ing campaign which liz responsible
for the present state of affairs, was
a feature of the legislative program
of the last Republican Congress.
The House of Morgan.
That J. Z. Morgan's grip on the
financial situation is becoming more
and more absolute Is indicated by
the discovery of the Stanley COM
mittee that the cash balance OF the
Steel Trust, which he dominates,
and of the railroads and other in
dustrial corporations In which he
controls heavy interests, amounting
in all to over half billion dollars,
is on deposit in the office of j. z.
Morgan Il Co., Il private banking
concern, not subject to the snpervi-
sion of any constitutional authority.
This money Morgan can lend to
whom he plcases and refuse to lend
To whom he likes. Moreover, the
control of this cash gives him the
power to regulate the credits of this
country. which makes this one man
the financial director of America.
Getting the Facts.
When Congress cOnyenes in De-
cember the Democratic majority in
the House will! be able to take up
legislative matters with more in
telligence than any preceding Con-
gress has started its winters labor.
The reason for this Is that various
party leaders, as we'll as many OF
the House committees, have been
conducting Investigations this sum
mer, both public and private, into
all sorts of matters with which Con-