The Caucasian. (Clinton, N.C.) 188?-1913, 1912-08-22
FRAUD INVESTIGATION
nenocratic House Failed to
Properly Investigate the
Money Trust
WILSON SIDE-STEPS ISSUE

Would Grant Special Favors to the |
Waterpowers Trust, After Having
Made it An Issue Against the Re |
nublicans-Democrati Sins of
Omission and Commission-Ad- !
iournment is in Sight Unless Con-
oress and the President Deadlock
over some VetOe Bills.
Washington, d. c., Aug. 20, 1912.
Especial to The Caucasian.) 4
II now begins to look as if the end
Of Congress is in sight. However,
there is still a chance that the Pres
ideut and Congress may yet deadlock
over several veto bills which may
continue Congress for a couple of
weeks or more AS the session nears
its end. what has been done and
what has not been done, is beginning
TO be discussed by the politicians on
both sides, just as this record will
b. discussed from now until election
day by the people from one end of
the country to the other.
Sins of Omission and Commission.
This is one of the seven longest
Congresses that has ever sat since
the foundation of our government,
and yet it must be admitted that it
is one that has to its credit fewer
acts of performance that will meet
the approval of the people.
One of the things that has arous-
ed the average patriotic American
citizen, who has red corpuscles in his
veins, more than anything else, is the
voting of seventy-five millions of dol
lars by a Democratic House for pen
sions for Union soldiers, men who
were never in battle and who never
fred a gun, and at the same time re-
using to vote money for two new
battleships, when everybody knows
that the great Monroe doctrine which
in the future means the same thing
TO our people as the Declaration Of
Independence in 1875 meant at that
time, is not worth the paper that it
is written on without a strong and
efficient navy.
Besides, the people of this country
have voted cheerfully for an expendi-
ture of nearly three hundred million
dollars to build the Panama Canal,
but this canal, instead of being an
agency to liberate and increase our
commerce and to add to our naval
prowess, will become not only use
less ditch, but a source of danger
without a great American navy.
Fraud Investigation of the Money
Trust.
Again. the public will remember
that the Democratic party, when 1t
secured control of the House of Rep
resentatives, was loud in declaring
that they would at once proceed to
investigate, not only the Republican
management of the government, but
also the great trusts, and especially
the money trust, and give the people
a flood of light, not only as to the
management of their government,
but also as to the growing power OF
Wall Street to dominate our f1nan-
cial interests and to hold the control
of the money of the country within
their clutches.
The Democratic House has ap-
pointed many Investigating commit
tees to investigate the departments
of the government, but SO far not
one of them have shown any corrup-
ton or bad management that would
furnish campaign material.
When the committee was appoint
ed to investigate the money trust,
those whe were in favor of an hon
est investigation made a fight for a
special committee. They were, how
ever, defeated by their own Demo-
cratic House. The regular banking
and currency committee was appoint
ed to make the investigation, and it
was charged at the time that any in
vestigation attempted under that
committee would be a fraud and
failure.
Every member of Congress from
North Carolina voted in favor of this
fraud investigation. They all joined
few days later in declaring that
thelr vote was in favor of an honest
investigation, and that they were sat
isned that it would be had before
Cney voted as they did. Nothing,
however, has come of the proposed
investigation, and now it is announc-
eu That the investigation will go over
until after the election, because the
democratic leaders are afraid of of
lending Wall Street.
In this connection, it should be re-
membered that Governor Wilson. in
MS speech of acceptance, did not de-
oiare IN favor of such an honest in
vestlgation of the money trust, but
"'ue-stepped this important question.