The Wheeling intelligencer. [volume] (Wheeling, W. Va.) 1903-1961, 1912-10-10
BELMONT RAPS
PROGRESSIVES
says 1nat Roosevelt Triumph Would
Near tire Unooi7s o. work for
Campaign Publicity.
Quotes Perkins Reference 70 Feoersi
eooy ard States a. Ike Nipins
Out % Trade Competition.


KANSAS CITY. oct PER-, Rel.
mont. president O. the National pub
hcity Law Association took A rap AZ
IN" Progressive party in speech here
lsis night before the Knife ana Fork
club. or the subject Of campaign fund
publicity
Mr. Belmont declared that the mi
umph o. the Progressive party .lts
foil Woud mean the uu,hoiuE az an
70" Vurk OF the National Publicity
b Law Association 70 bringing about a
campa'Eu fund reform and would re-
sult 90 renewing the alliance, b,.-
tween corporations and politicians.
\ more rCactiouary proposition az.
trmed NJ Belmont. could hardly bee
advocated 10y any political party unless
y - the still more reactionary inter
rre'ation Of the uuWritten 'aw against
the third term"
President for Lfer
1t is A. II IL were proposed said
he. with similar undertaking assur-
anoe and unfaiiing Inconsistency TO
correct the evils OF the corripting Sc
crecy OF party funds IN presidential
elections by having as few presidcn.
tial elections as possible. or bv abol.
fishing them altogether IN the inter
est 81 a President for life"
Mr.. Belmont called attention 20 an
address delivered By George W Per
kins. August :. 1910. IN which he
quotes the latter as fayirg
our very Constitution starts with
the declaration. We. the people OF
ID" United States. In order 10 form
more perfect Union The central
thought of those men az thar time was
TO effect "a consolidation To organize
a holding company. with % subsidiary
companies 70 create a monopoly in
government in this country. and they
said they did so. TO insure domestic
tranquility. provide FOR the common
defense and promote the general vel
fare From that day 20 this. when
any now government in this country
sc itself mp as such. and grew strong
enough 20 be recognized az such. the
original holding company took u
over. absorbed IT, AMI put IL out ~
business as an independent govern
ment.
Perkins Idea Of Civil War
NAN'T ihiS uoluiuE company udl
been IN existence for some time and
had taken over great many subsi-
diary companies. difference arose.
and some OF the subsidiary companies
declared that they had the right 20
withdraw. and were going To- with
draw. from the holding company and
set up government OF their own.
The holding company said they could
not Withdraw. and mighty war fol
lowed, IN which the subsidiary com
panies. who tried to withdraw from
the holding company. were forced 70
surrender and remain In The holding
company. Almost an exact parallel
has occurred In the development Of
our great corporations
Those who Join in entertaining
such a view OF the Constitution. com
mented Mr. Belmont. and our dual
system OF government. and. 10 Whom
what they term big business seems
20 be- q sort Of relish. should rcmem-
Der that ours IS a commercial country
and something more an Industrial
country. and something more. an agri-
cultural country and something more
Neither 90 other wealth producing
agencies include all The activities or
all fhc aspirations and ideals az rhc
American people. nor do they repre-
sent all tho elements creating the
spirit OF the nation