The daily sentinel., 1913-10-23
(By EDWARD KEATING,)
Congressman at Large From Col
oFndo.l

this same prediction in these
reports heretofore and since re-
turning to Washington can see
no reason for changing my
views.
This does not mean that the SEN
ate Will not amend the house bill
AS a result Of honest examination
and discussion, the measure can and
undoubtedly will be strengthened.
But the vital features must be re-
tanned.
These vital features may be sum
married. as follows:
The national banks must be sub
iect to governmental control, and
that control must be absolUte-not
divided.
The right to make money is a SOW
ereign power and can never be dele
gated to an Individual or group of
individuals.
The bank reserves should be used
to transact the business of the
country and not to finance stock
gambling campaigns on Wall street.
The power to manufacture panics,
which is now possessed by a few
New York financiers, must be de-
stroyed.
When the farmers and other busi-
ness men of this country are una
Bile to secure from the banks the
money needed to finance the leglti-
mate operations of their business the
government should be in a position
to step in and relieve the stringency.
These are the vital features of the
/ Wilson-Bryan currency bill They
would be the vital features of any
currency bill drafted in the interest
of all the people and not of a priyi-
legged few. Without them a currency
/ bill would be toothless and therefore
worse than useless.
/ Why should any honest banker
wish to deyitalize this bill? The hon
est banker-if he is intelligent
knows he has nothing in common
with the financial buccaneers of
| Wall Street. He represents the SOL
Id constructive forces in the commu-
nifty; they represent the unstable
/ speculative forces. The two can no
more mix than can oil and water.
! In the face of these facts we find
many honest bankers accepting the
views of Wall Street as Gospel truth
and asserting with much earnostness
tnat the WiIson-Bryan bill Is social
istie, popullstic and many other
things too dreadful to mention.
In most cases when these honest
bankers are pinned down it is found
that they have not studied the bill
and they have taken their views, pre-
digested from the gentlemen who are
employed by the big wall street
houses to mould public opinion.
II is most significant that during
n, Hu1T
has never dared to enter the arena OF
debate in its own proper person Its
| favorite role has been that of friend
and champion for the country bank
err" and so earnestly has it enacted
the part that at times there seemed
to be danger that It would deceive
the audience This danger-if it ever
existed-has passed and the people
and press Of the natiNn are rallying
to the support OF the administration
in most surprising and gratifying
/ fashion
In the end the money trust will
discover what the sugar trust and
| Wooden trust found out to their
sorrow during the tariff fight-that
the man at the White House knows
what he wants-what is even more
/ mpcrtant-knows how to get it
Labor and Arbitration
/ feel that it is my duty to do
what | can to assist in restoring in
dustrial peace in Colorado The
state authorities having apparently
exheusted their powers in vain en-
deavor to bring the coal operators
and striking coal miners to basis of
settlement, I am going to see what
the federal authorities can do may
not be able to accomplish very much,
but It is at least worth a trial
Industrial wars of the kind now
being waged in Colorado have be-
come old-fashioned individuals,
states and nations are coming TO rec
ognize the fact that strikes are eco
nomic blunders If these blunders
only affected those directly concern
ed, we might keep hands off and per-
nit them to continue to pummel each
other to their hearts content. but
there Is n third party to all these con-
flicts-the people of the community
and the third party is beginning to
insist that it's interests must be con-
sidored
Already. as n result OF the strike,
the price of coal has been advanced,
That means that every pucketbook in
Colorado will be subjected to an ex-
ira strain this winter. In addition
hundreds of men who never saw a
coal mine are threatened with idle
ness because the enterprises which
lemploy them may be unable to Sc
cure the needed fuel.
Surely the people Of the state
should have some voice in adjusting
a dispute which SO intimately con
Germs their welfare,
The operators say they havo moth
ling to arbitrate. while the strikers In
sist that they are willing to submit
their claims 20 an impartial tribu-
NAL. without attempting to pass on
the merits of the controversy at this
time, ] think We can all agree that
Colorado wants the strike settled
without Unnecessary delay If can
be of some service in bringing about
such result | VIII consider myself
Extremely fortunate.
The federal government has been
highly successful III its efforts 10 ad-
inst labor trDubies Pnosevqlts q set.