Iron County register. [volume] (Ironton, Iron County, Mo.) 1867-1965, 1912-08-08

White House .when this panic,
which was the least excusable pam
ic the nation ever had, came
about.
The Republican party was in
full possession of the government
when the panic of 1878 came about.
Likewise, it was this party that
was in power when panic came
in the early part of 1884, and the
country recovered from that panic
during a campaign that resulted
in the election of a Democratic
president. The Republican party
was in control of all branches OF
government for four years previous
to the panic of 1898, which was
currency panic clearly due to the
Republican Silver Purchase law of
1890. This law had depleted the
gold reserve so rapidly that be-
fore the Harrison administration
could get out of Office a few mil
lions in gold were borrowed in
New York in order to keep re-
serve at more than S100, 900, 900
until this administration could
get out of Office, and thus throw
the responsibility on the incom-
ing Democratic administration.
The New York Bureau of statis-
tics publishes figures showing
that month by month more per-
sons we're imployed in identical
industries from the election of
Cleveland until the following June
than for the same period the year
before.
The silver panic Of 1893, which
was due entirely to Republican
legislation, is the only one for
more than half a century that did
not occur while the Republicans
were in full possession of the gov
ernment. Yet Republican orators,
true to their habit of obscuring
issues and raising false cries, go
right on trying to make it appear
that Democratic success means
hard times.
THE BIG ISSUE.
United States Senator La Fol-
lette, in the closing lchapter OF
his autobiography, which has been
running in the American Magazine
and which soon is to be published
in book form, gives what he con-
siders to be the one big issue now
confronting the American people.
He says:
SIN twenty-five years of political
struggle l have found one great
issue overshadowing all others
the encroachment of the power
full few on the rights OF many.
All the issues Of to-day are phases
of this one great question. How
shall the individual, the farmer,
the worker, and all those who pay
tribute be set free from the unjust
exactions, of the tariff, the rail-
roads, and others forms of OPP
preston by special interests9
"When Roosevelt became presi.
dent the total stock and bono
issues of the trusts was So, 1000
J, 600. When he turned the country
over to Taft this total had growr
to s31,672,O00,000, seventy pc
cent of which is water.
"The people Of this country ar
: paying dividends on the watere'
stock, in the form of unnecessaril,
/, high prices for the things the,
/ eat, use and wear"
HOW "DIsSoLULIoN" HELPS.
! The Standard Oil company
r profit figures for the six month
since January first-the first 81
months of operation under tn
terms of the Supreme Court in il
dissolution decree-show that tn
trust has piled UP profits Of S46,
" 61t,62S. Last year, the Standar
Q Oil company of New Jersey, th
o corporation which distribute
# dividends for the trusts, paid ou
: profits Of S39, 9,335,32o.
it Thus it is apparent that "dis
!, solution" suits are highly ben
: eficial to such law defying monoI
8 olies as the Standard Oil Compa
q ny.
n WILSON'S BROAD APPEAL.
The practical wisdom of Gov
,r ernor Wilson'S nomination Is Of
/. serting itself more every day. {
d all the men that were availabl
Ie for the Democratic nomination
: none was so we'll fortified as tn
10 New Jersey governor to meet tt
n requirements Of the country an
J. the party.
j. That he has the confidence
N the business interests is shown b
it the fact that HIS nomination d
not cause the slightest disturb
1. ance In the financial centers tn