Mohave County miner., 1916-10-07

given to it by them. When l say
 Wall street I mean some parts of Wall street and I leave you to select
 the parts. Wall street thus selected
 formerly controlled the treasury of
 the United States. It even had a desk
 in the treasury department. Many of
 these gentlemen honestly believe that
 they only understand the interests of
 the country and they were genuinely
 uneasy to see the treasury conducted
 without their consent. Again and again l have received intimations from these quarters during the last three and a half years that they would 1 like very much to be consulted and I
 have invariably said if these gentle
 men have any advice to give I shall
 be most pleased to receive it. All they
 have to do is to ask to see me and
 tell me in the frankest way, like any
 other American citizen, what they
 think ought to be done. But they
 wanted to be sent for and they wanted to be reasonably certain before they went that their advice would be taken.
 "It has been interesting and it has been very amusing that any set of men should think they knew what the interests of the country demanded and nobody else did. So that since they would not volunteer to come, we have made shift to conduct the treasury of the United States without their assistance. And it must surprise them in their private thoughts to have to admit that it has been better con- ducted than ever before in our gen. eration; more successfully as a busi- ness administration and infinitely more helpfully to the general body of the American people. Such assistance as the treasury of the United States can legitimately extend in times of financial stress used always to be ex- tended to Wall street.
 "Now it is extended to the country. It was no doubt shocking to see the money deposited in country banks and not in Wall street, but the country banks knew how to use it and they were very much nearer the great masses of the people who need it than were the great depositaries of finan- cial sources in New York. would not have you consider me prejudiced against New York city. Why, gen tlemen, the great city of New York is one of the most vital parts of the United States, but the city of New York does not consist of the gentle men in Wall street, and I would not have you understand that I am very much prejudiced against them. No, not prejudiced, but aware.
 ''They used to be able to do a great deal in the way of legislation by means of a lobby. And the lobby, thank God, has disappeared. do not mean the legitimate lobby, the lobby that will go to the hearings of com mittees and argue their case in public with the reporters present, but I mean the butten-holing lobby; mean the lobby that uses influences and not ar gument; that uses inducement and not fact, that understands some special interests and does not give account for the general interest. That is the lobbyist I mean and the little towards scuttled the minute they were men toned.
 "Also the instrumentalities of con- trol have been destroyed, and the ob- ject of the present campaign on one side is to rehabilitate them. You see who are controlling the present cam paign on the Republican side. Two years ago, the Republicans fancied that there was a reaction against the Democratic party, because it had been going some, I admit. And so their most distinguished leaders spoke very indiscreetly. They said that what this country needed was a business administration which from one point of view we might have concurred in if they had not added to this definition that what the country wanted, was to return to the good old days of Mark Hanna.
 Further definition was unneces- sary. No thoughtful man in this country would propose that we should return to the methods of political con trol practiced by Senator Hanna. It happened that at that time a very | lovely, trustworthy gentleman was president of the United States. l mean MT. William Mckinley. He had no part in this discreditable to him. self, so far as I know in the political and the distributor of unlimited money for campaigns for which Senato1. Hanna had and you