Valdez daily prospector., 1912-08-02
CONCENTRATED WEALTH"

If President Taft is quoted cor
 rectly in his speech of acceptance when he "favors that the equal opportunity sought by those who
 proclaim for social justice, in wolves in the end forced division of property" he only reiterates his incapacity of understanding great public questions from the view point of the intelligent masses, the great middle class, the farmer, the business man, the small mine owner, the lumber man, the artizan, the men who really support the government in time of peace and fight for it in tlmc of war. He reprOves that section of the public press which are l:'y;ug to arouse the people to light against concentrated wealth" No doubt the president believes in concentrated wealth as he believes in his brother Charles, the representative of cOnccntrat- ed wealth in our executives kitch- en cabinet. In protecting cOncen- tratcd wealth from the onslaught of the common herd he must ncc- essariIy give like protecting arm to such agents of wealth as Boss Cox, brother. Charley's form right bower, Chris. Magec and a horde of others of like ilk.
 It. is no matter of wonderment that President Taft stands today as the head of a discredited and disrupted party. Assuming as he did, the reins of government as the product of a political organ ization in the zenith of it's pow CT, he has within a period of but little more than three years re- duced that splendid machine to the level of a Mexican insurrecto command. The Republican press, in defending MT. Taft and his administration, contend that Col. Roosevelt is the cause of the dis ruption in the party of Lincoln, Grant and Mckinley. But how, pray, could a private citizen, ac- cOmpliSh such results, had not MT. Taft and the party under him betrayed the confidence of the voters. Three years is but a short span i'll the life of a nation, yet, in that short time, Mir. Taft has become responsible for tariff measure which has added to the burdens of ninety million people, to the profit of few thousand. Under the guise of fighting the powerful trusts, he has IegaliZed them, and through a court of his own creation has placed them in a position to further concentrate wealth in the hands of the cOm- parativcly few. And now, to add insult to injury, he invukes the constitution and tells us that our efforts tQ discntangle ourselves from the meshes thrown around Us by the money power, is lead '''c 'ii 'O SoCluiloIlI dllu luc lOTcPu division of property.
 The argument of Mr.. Taft, then, Is that present conditions arc ideal and any attempt to equal izc the conditions existing is manifest hcresy. Mir. Tafrs po- siLion will bring around him the hopeless minority with it's aggrc- gate wealth, tO which he may add those purchasablc in one way or another. Against him will be ar raycd the bulk of the American people, who believe in equal op- pOrtunities, fair field, and no fa- vors. Were he not actually Ob- tuse and wholly out of touch with the true American sentiment, he long ago would have discovered that he had left the trail blazcd by Abraham Lincoln and was tredding the political morasses which cngulfed inc nobility of the older world barely over a cen tury ago. It only remains for him to proclaim the divine right of wealth tO accumulate at the cx- pcnsc of the hunger and naked upSS DG fhp struuuIipn runssp,