Republican news item. [volume] (Laport, Pa.) 1896-19??, 1912-10-18
VOTE FOR TAFT AND
CONTINUE WITH GOOD
TIMES And NO PANICS
Philadelphia, Oct. II, 1912.


fed the situation and drawn together
the various Republican forces in a
way that has inspired the utmost
confidence in those who are fight
ing for Taft and Sherman and the
full Republican ticket.
Heretofore there his been such a
confusion of interests and of parties
that the campaign in spite of the
vital issues at stake and the tre-
mendous public interest manifested
in platforms and candinates, has
languished for the reason that the
political fighters hardly knew whom
they were fighting.
Now that the Republican ticket
is Republican ticket, and the
danger of it's becoming a Lincoln
party ticket or some other eleventh
hour ticket has been averted, the
general apathy in the Republican
camp has been suddenly dispelled.
Congressman j. Hampton Moore,
of the National Republican Con-
gressional Committee of Pennsyl-
vania, made his first excursion into
the State outside of Philadelphia,
yesterday, addressing enthusiastic
meeting at Birdsboro and Bethle-
hem. Ex-Governor Wilson of Ken
lucky, and Secretary of Commerce
and Labor Nagel, are among the
"headliners' on the Congressional
Committees list of speakers.
Mr.. Moore is laying great stress
on the southern control of national
affairs and he insists that Demo
cratic victory in November will
mean the turning over of Washing
ton to the planters and ranchmen
of the south and southwest.
The Congressional Committee
and it's speakers expect to make
very good use of a. statement pre-
pared for them by Horace A. Doan,
President of the West End Trust
Company of Philadelphia, which
shows that whatever may be the
cause of the 'high cost of living"
there never was a time in the his
tory Of the country when there was
such large surplus of earning in
the savings banks.
The last published statistics on
the subject end with 1911, when
there were 1854 savings banks in
the country, with 9,597, 1855 de-
positors and deposits aggregating
4,212, $50, ,59S. Ten years ago
when there was not so much COM
plant about having no money left
when the high cost of living had
been settled for, there were 1,O36
savings banks, 6,666,6 depositors
and deposits amounting to 81, $780,.
1T, ,29O, or little less than one
half the deposits owned by some
thing more than two-thirds the
number of depositors.
In the depression year of 1908,
due to the financial furry, which
has been blamed upon political
agitation at Washington, deposits
were at a standstill and if measured
tby the increase in the number of
depositors, there was an actual de-
crease, but by 1910 they had jump
ed over 81 ZOO, ,OOO,O and in 1911
they we're nearly 5000, 900, 600
greater than in 1910.
Back in Cleveland's time in 1895,
there were less than half the num-
Der of depositors and about one
quarter the number of deposits.
Mr.. Doan's investigation deals only
with increases of the four cities Of
Philadelphia, New York, Bhicago
!. and Boston.
The manufacturers luncheon at
the Majestic, this week, is regarded
here as one of the most significant
events of the campaign to date.
Nearly 100 manufacturers, most OF
them from the textile industry and
all of them men of national reputa-
tion in their special lines, assembled
ar the guests of Nathan L. Folwell
and told why protective tariff
covering the difference in the cost
of production at home and abroad,
was necessary in their business.
They gave figures to prove that the
present high standard of American
wages could not be maintained if
the tariff for revenue only were to
throw them into competition with
manufacturers of England and
Germany, who pay in many in
stances one. third the wages paid
here, and in every instance materi-
ally less than the American wage
scale. The metal trades also had
ia sp okesman at the luncheon, whe