The Caldwell tribune. [volume] (Caldwell, Idaho Territory [Idaho]) 1883-1928, 1914-01-09
JUNGLE JOE" GIVES
EXPRESSION TO
few ideas


of Illinois was recently interviewed
by the Washington Star, while he was
on visit 10 the capital Mr. Cannon
said:
"Gcb-logether clubs are usually or
gained for the benefit of an individual
or group OF individuals who desire
to use them" remarked Uncle Joe"
Cannon after he dropped his grip in
the New Willard this morning Mr.
Cannon is not member of the Re
publican National Committee and did
not cine to Washington to advise
the committee as to what should be
done regarding the proposition to
hold a preliminary national conven-
ton next year.
Conflicting ambitions Of men" said
he, "do not bother me half as much
as do the present conditions of the
country that have been produced by
these conflicting ambitions. They
gave us a minority President and an
administration that is committed to
the reversal OF all the policies under
which the country has enjoyed great
prosperity.
The present administration came
into power pledged to reverse the
lever Railroad engineers tell me that
when they reverse the lever on an
engine which is moving ahead it comes
to a stop or goes backward. The same
law applies to Government policies
and their effects on the business of
the country.
All business, bio and little, was GO
ing ahead when this administration
began.
Business Now Slackened.
President Wilson reversed the lev
er. the Democratic Congress follow
ed his direction and reversed the rev.
enue policy of the Government. That
reversal has slackened business so that
in many places 1t has almost stopped. |
Our Democratic friends recognize
tina their tariff law has not improved |
business conditions, and they are now
pushing through currency bill by
caucus pressure on the theory that it |
will relieve the embarrassment caus- |
ed by the Underwood Tariff, They |
are preparing to revise the Sherman
= Antitrust law as a means of clearing |
away the embarrassment that may |
follow the enactment of their cur
rency bill, | suppose they will have
some other remedy for the failure of |
their new antitrust laws, and they |
will finally follow the policy of the
old doctor, who, not knowing what
allied his patient, concluded to throw |
him into fits, because he was strong |
on fits. They have almost thrown
the patient into fits now,
rs there depression in the country |
Go out into the country and see
for yourself. Business men, manu-
facturerS and farmers in the west are |
whistling to keep up their courage
while they read about prosperity in
other parts of the country, which they
do not enjoy. They are beginning to
suspect that this prosperity they read
about is like the milk sickness-alway
just beyond, over in the next county.
Some day the news will become so
general that you newspaper men won't
be able to handle it.
Cites Decline in Stocks.
Business has fallen off from 20 to
40 per cent. in the last twelve months.
There is not a gilt-edge stock listed
on the market, either railroad or IN II
duStrial that has not shrunk in value,
Twelve of the safest industrial stocks
listed averaged 1877 the first day OF
December, 1918 Twelve of the best
!, 1912 and the same stocks averaged
l02.S4 Dec. this year. This repre-
sents a great shrinkage in values, but
it is no greater than the average
shrinkage in all business, You
newspaper men are almost afraid to
publish the market reports lest you be !
accused Of trying to produce a panic.
But, Mr.. Cannon, the Democrats {
say they are only squeezing out the +,
water"
We'll, | have read somewhere that
20 per cent. of our own bodies is l
water. Suppose the Democrats APP :
ply their squeezing theory to the peo 9
pie themselves; wouldn't we be the a
most insignificant pigmies on the face 5
OF the earth il all the water was Il
squeezed out? 1t may be that some
OF this so-called water in railroad and
industrial stocks represented conf -
dence in the future | believe the "
President is begging us all to have J,
confidence in the ultimate benefit to Il
be derived from his policies, Il
Living in Ante-Bellum Age. h
The trouble seems to be that the il
President and the Democratic leaders t;
IN Congress are trying to destroy CON
hdence in everybody and everything o.
except themselves and their policies. II;
They are still living in the ante-bel-
lum age, when cotton and tobacco .
were the principal articles OF ex- fr
change. They are ready to boom cot sd
ton and protect tobacco, while they b,
sacrifice every other agricultural and it.
product in the country hi
Il believe tobacco is the one sched- br
le in the Underwood Tariff bill that tr
hey did not change. Mckinley m
)ingley aud Payne rates were none pu
90 high ON tobacco for the Demo S.
rats. Perhaps they'll substitute to- fri
'acco for gold, as a medium of ex- W;
hange, just as the settlers of lanes ",
own did, It's a good old Virginia he
ustom, and it seems TO be Demo so
ratio"
But what has this to do with the m;
of the Republican par in,
y or the get-together movements" ma
-.