The Logan Republican. [volume] (Logan, Utah) 1902-1924, 1913-07-19
SMOOT CLASHES
WITH THOMAS

washington July 16-Postponement
until Friday of the formal opening OF
the tariff debate in the senate was ar
ranged today in order to give major
ity members of the finance commit
tee time to check up on the report on
the Underwood Simmons Dill prepar
ed by chairman Simmons.
The committee met today and rati
fled the report, but sections of 1t were
turned over to sub committees to yer
ify. II Is a lengthy document and the
majority members will meet again to
morrow, the senate having adjourned
until Friday when the report will be
made and the debate opened by Sen
ator Simmons.
Senator Thomas, Democrat, Of Colo
RADIO in a speech today defending the
Wilson tariff bill Of 1898 from respon
sibility for the financial panic which
followed charged former President
Cleveland and the New York banks
with conspiracy to precipitate a cal
amity to force repeal of the Sherman
silver act.
Through denouncing the 1898 bill as
"a most miserable pretense or tariff
reform" he branded the New York
Stock Exchange as ''the most prodigi
Gus gambling hell OF any age and
the Monte Carlo Of American fin
ance."
1T Is the swindlers' paradise he
continued. 1T is a huge vampire
that sucks the blood from the arteries
Of industry. 1t is an unincorporated,
irresponsible monstrosity beyond he
pale of laws. 1t Is the antlthesis OF
fair dealing and common honesty. 1t
has sanctfied speculation 1t Is the
most pernicious and corroding infu
ence in the land"
IF disaster whose coming Is nov
so freely predicted, shall overtaFe us
IN the near future 1t will be caused
/ not by the enactment of the pending
tariff bill but by the same inTuences
which produced 1t before. ! do not
say they will do It. do not think
they Will do 1t. They have no part
nership with the administration. That
has been dissolved by the people"
| When Senator Thomas conclud al
Senator Smoot took the floor.
"ThGe is no doubt in my m nd
now" he declared, hut wha. the
the passage of the Wilson bill was the
means of bringing to this country a
great deal of suffering that came
to the working people at that time
and If conditions were the same now
as then, l do not doubt that the pas
sage of the present tariff would bring
the same result"
Senator Chiffon of West Virginia
had read from the record a speech
made in the Senate by Senator La Fo
iette in the debate on the wool bill
in 1911 in which the Wisconsin ser
ator said everybody with any know
edge of the subject knew that the
Wilson bill had nothing to do with
the panic of 1898.
81 had that read" said Senator Chi
ton, because Senator Thomas has
dug the grave of this argument. Sen
ator La Toilette erected the tomb
stone and | wanted him represented
at the obsequies.
Sen. Williams of the Mississippi
said the people at last had found out
that the Republican argument that
the Wilson bill brought on the great
panic was a lie.
1T took them a long time to find
out" suggested Senator Warren.
Yes because they were liars &c
ing about the land preaching this
lie," Senator Williams replied. There
never has been in history an organ
zied lie that couldn't make an In
preston, but now the people know
that this argument was an organizes
lie"
"By what authority does the senat
or say that" asked Senator Williams
"By the authority of the last cleo
ton" said Senator Williams.