The Richmond Virginian. (Richmond, Va.) 1910-1920, 1912-04-27
. INQUIRY INTO THE NON-ExIsTENT.

We recently heard a man say that he would
under no circumstances vote fos Governor
Harmon. either as Presidential nominee or
candidate. because certain Virginia politi-
clan WAS flor him.
Upon some such line of reasoning, We sup
pose, Congress turns in alright from any one
% several schemes of currency reform. be-
connected with the name of Aldrich
That this is poor logic and worse business
every man must know. 1t is on all sides
agreed that the monetary system of the coun-
try is Anticipated. II is conceded that the
slightest sort of financial sauall may at any
panic Likewise the people of the United
States. without respect to position or posses
sons have had it pretty we'll driven into their
understanding thar when Wall Street cries for
mercy, the country must do likewise. ranics
ere no respecters of persons. The little
man suffers along with the big one. and more
acntely on account of the fact that the little
he has 10 lose creates so much more poignant
void.
That Congress, taken as a whole. realizes
the evil is shown by the persistency with
which it talks abou the Money Trust" No
one seems To know exactly what the Money
Trust is, but that makes very slight differ
ence in the character of the oratory. We are
assured that it exists, although 1t has neither
physical corporate existence. 1t has us
all by the throat. although nobody sees it's
fingers. So Congress is to Investigate the
Money Trust It is to go into all elaborate
inquiry, with witnesses. experts, expenses,
After long a time may learn that it was
all mistake. the ingenuity of the investi-
eating committee may fail 1t when it comes
to giving an excuse for its existence with IA
report However, having started f'inyest-
CATION the House has eased its conscience
CT its financial responsibility, matter easy
for gentlemen whose paymaster is the treas
Try of the United States and whose salaries
are fixed by themselves,
/ 1t may. however, be less amusing to the
country. The idea of the Money Trust
seems to simmer down to the fact that some
people, some banks. interests, are
giomerate of tho citizenship have no money
Tho two facts have but one demagogc solu-
ton, It's a trust. Investigate it.
! u there is any trust in the matter OF
money. it is perfectly elemental to arrive at
the conclusion of who should exercise the
monopoly. That Is function for the whole
people Just as we tell the youngster who
happens to be our heir that he owns part of
the Capitol, though he may want marble
money. In the control of the currency we
ought all of us to be partners In the business
! II anyone Is TO monopolize IT, How much
better than a wild goose chase after what
must of necessity be myth would be deter
minaton to forestal the next panic by anti
cipating it. rather than waiting It's occurrence
as an excuse for renewed assaults upon the
Money Power"
/ There is. nor be, no Money Trust or
i Money Power" that the people as IA whole do
not permit The search for something Of that
sort is no better than the discussion OF
psychology, described by certain quaint phil
csopher as being the study OF science,
which there hain't no such thing"
!