The Chickasha daily express. (Chickasha, Indian Territory [Okla.]) 1899-current, 1912-10-03
MURRAY
ASSAILS
MOOSER


bona City speech pu1cruatad the pre-.
tenaons Of Col Roosevelt to cham. f
Pi0nship q the people By exposing
The weakness Of his position with re-
speet 10 the great problem of currency
and banking. He eonuasted the Dem +
olratie declarations and the declara-
tions 81 Gov Wilson Oh this subject
with the meager and unsatisfactory
plank Of the Roosevelt platform with
all its pretentions to social. justice and
the championship Of the farmer, ig-
nores the great question Of credits III
which the farmer is 50 vitality inter-
ested He also called attention to the
fact that Col Roosevelt in his speeches
does not discuss the financial problem.
He offers no remedy for breaking upl
the banking and credit monopoly.
The country has had some expert
ence with COL Roosevelt in a time OIL
financial stress. in an artificial panic
created as most panics are created, By
powerful financial interests to achieve
some definite advantage for them
selves. Reckless banking and the
ruthless exercises Of the powers Of
the banks OF New York preelpitated
the disturbance of October. 1907. in-I
terrupting a period Of normal and
healthful commercial and industrial
prosperity Col. Roosevelt permitted
the Morgan interests TO frighten him
into believing that the absorption by
the steel trust OF the Tennessee Iron.
and Coal trust was essential to check
the conditions OF panic and save the
country from pending disaster Of the
most stupendous scope. Perhaps Col
Roosevelt was sincere, Perhaps he
did what he thought was best for the
nation, but granting this, in the light
of the disclosure made by the Stanley
steel trust investigating committee Ia
the light Of the fact that the absorD-
ton OF the Tennessee Coal and Iron
company was necessary to the steel
trust to establish monopoly Of the
steel rail business, the conclusion is
irresistible that II Col Roosevelt was
sincere he was a weak and plant tool
In the hands Of Morgan and Perkins.
This was an occasion demanding not
merely courage but the wisdom to see
in what way courage should be exer-
cised, and Col. Roosevelt was lacking
in one or the other.
Later. when congress came to con
slider some remedial legislation to
meet the situation, to which mis- panic
had called the attention Of the coun-
try, Col Roosevelt offered no sugges-
tlon He outlined no plan, and for
the one time in his whole career as
president he passed an important
problem up to congress to act upon
its own initiative without any effort
: on his part to direct or control its
policy. Here was a problem of which
Col. Roosevelt by his attitude confess
ed his ignorance. Instead OF taking
advantage Of the great opportunity
presented to bring about a permanent
and substantial reform in our currency
and financial system, he turned the
+ whole matter over to Mr.. Aldrich, who
put through another patch work emer-
gency measure.
Col Roosevelt's conduct throughout
the disturbances in New York and the
country generally, and in the financial
legislation OF the session Of congress
Immediately following, demonstrated
his lack Of capacity to handle the
problem Of currency and banking re-
form. It is natural therefore that he
should ignore this subject in his cam
paign speeches this year It is one
Of the few subjects under the sun Of
which Col. Roosevelt by his attitude
eonfesses his ignorance 1t is, never
theless, one Of the great questions be-
fore the people OF this country, and as
Mr. Murray has so forcibly pointed
out, Gov. Wilson is the only preslden-
tial candidate now before the people
who has shown a comprehensive grasp
OF this problem He is the only can
dldate before the people who has
shown any capacity for handling this
vital problem in the interest Of Che
people, and on this issue alone he Is
entitled to the support OF all progress
siyes.