Newark evening star and Newark advertiser., 1915-09-25
FOREIGN LOAN
|SATTACKED BY
8 Hi
PROGRESSIVES
Col. Howard Declares 1t Will
Undo Good Accomplished
by Federal Reserve.

Attacking the proposed foreign loar
as the destroyer of tie good done by
f the establishment of the Federal Re
serve bank Colonel James W. How
ard, at a meeting of the county COM
mittee Of the Progressive party, in the
Headquarters, Halsey street and Bran
ford place. last night declared that
the Bull Moose party should stand for
t the doctrine: America for Ameri-
cans. No participation, by loan or by
any other means, in the European
war"
! He called the men interested in
{ making the loan to the foreign gov
ernments "the Wall Street oligarchy.'
Woman's suffrage and the approval
ofsthe candidacy of Theodore ID. Gott-
lieb for alderman of the Eleventh
ward were also discussed. Despite the
fact there was no quorum present
those members present had lively
session.
In his attack on the proposed loan
Colonel Howard said
''I hold that it is utterly wrong to
deposit certificates of foreign indebt-
edness in this country. The security
offered is not at this time proper Sc
cnrity The guarantors are not amen
able to our courts, and we could not
recover our loans If they desired to
, fepuQldte LDelf security
1.-THE course proposed by the Wall
street oligarchy is utterly wrong and
immoral We know that at present
banks will not give theeproper and
needed aid to contractors working on
public improvements because they are
making too much money financing the
ma nufacture of munitions and in Civ
ing their aid in the carrying on of
the present murderous conflict.
,kGive for Charity, But Not for Loan.
"fet us determine that we of this
country will give Europe all she wants
for charity and to relieve the terrible
suffering growing out of the present
situation, but that we will not give
them anything in loans; that we will
not sacrifice our credit by sending
good money after bad"
Albert Hermes, a delegate from the
Sixth ward, got himself in trouble be-
cause of his aversion to the presence
of women at the polling places. In
this debate it appeared that the credit
or dispraise, whatever 1t might be,
for the placing of Mayor Thomas l..
Raymond in the City Hall, belonged
to women watchers, according to the
idea of the Progressives.
This came up when Howard S.
Dodd, of Glen Ridge, made an appeal
for watchers at the polls October 49,
WI the suffrage amendment to the
ST constitution is to be voted on.
Just at this point Mr. Hermes
arose and said: 81 want to warn you
men that the greatest harm has come
to the Progressives because of the
women. You want to drop them or
you'll kill the party. / know that tha
fellows down my way don't want
them, and they won't have anything
to do with us because they think
we're tied up to them"
Defends women's Suffrage.
Mr. Dodd jumped to his feet imme-
diately He declared that Mr. Hermes
wass not true Progressive IF you
areRnot ready to support woman suf-
frake you don't belong to the party
For my part, If the espousal of the
cause of women means ruin, then |
am willing to go down to ruin.
"Do you know" continued Mr..
Dodd, that if II were not for the
presence of forty faithful women in
the polling places of this city Thomas
L. Raymond would not be occupying
the mayors chair today? It was be-
cause these women remained in the
polling places from early morning I'M
til the votes were counted that Mr.
Raymond received an honest count"
This did not feaze Mr. Hermes
however, who declared that he was as
good a Progressive as any man in the
room and had been a member of the
party from the beginning.
Just before the adjournment
Charles r. Northrup, of the Eleventh
ward, started what promised TO be n
pretty row. He asked the chair to
direct Frederick Trumpore to produce
letter from Mr.. Gottlieb, in which
he said the candidate had declared
that he was not member of the Pro-
gressive party.
II want to show up the dirty work
that was done in the county commit
zee in indorsing Gottlieb after he had
said that he was not a Progressive
and after the Eleventh ward had re-
fused to indorse him." he said.
Mr.. Trumpore appealed to the chair
on a point of order He said that IL
was not meeting of the county
committee, and that also the county
committee did not have anything to
do with the affairs of the separate
wards. In order to close the discus
sion, somebody moved the adjourn
ment.