New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1920-04-06
$l,000,O00 to
Establish New
Party i'm Field
Committee of Forty-eight
to Unite the Disaffected
Elements of Old Fac
tons Into a New Force
Leaders Are Assailed
Candidate TO Be Selected
for the Presidency Will
Ram as an Independent

Plans for putting a third party ticket
into the Presidential race in November
were discussed at dinner fiven by
the Committee of weight at the
Aldine Club last night. Announcement
was made that campaign fund of
100000 will be raised to launch the
new movement and conduct the cam
palgn. 1t is the purpose of the Com
mittec of Forty-eight, which is led by
many of the men who followed Theo-
dore Roosevelt in the Progressive
Party fight of 1912, to unite all the
disaffectcd elements of the Republican
and Democratic parties, the newly
formed Labor party, the Nonpartisan
League and other radical bodies upon
a common platform.
Basil Manly, former o-chairman
with William H. Taft of the War Labor
Board, was the principal speaker at the
dinper last night. Mr. Manly assorted
that unless the liberal forces of Amer
lea are soon modified into one eff
fective political group, the next four
years will see the realization of the
which events in America for the last
generation have been tcnding' This,
Mr. Manly said, will be followed by n
proletarian dictatorship, to which, he
sand, he was opposed.
Iron Rule for America
''If any of the candidates who are
great financial interests" said Mr..
Manly, ''is elected to the Presidency he
will, with the aid Of the interests by
whom and for whom he is elected,
create Il machine composed Of espion-
age, mlitarism and corruption which
Will rule America with an iron hand"
MIR. Manly declared that there is ire
mendous dissatisfaction throughout the
country among labor, the farmers. the
middle classes and the soldiers. These
elements, he said, are merely awaiting
the proper organization and leadership
to break away from the two old par
ties.
Mr.. Manly assailed Samuel Gompers
for the political policy of labor, and
said that the fact that Mr.. Gompers
machine within the American Fedora
rion of Labor for the coming election
indicates that new leaven is working
| within organized labor which, he said
is bound to break away from the
beaten path and break out in a politi-
cal revolt.
I Esch Bill Assaulted
The speaker attacked the Esch- Cum
MINIS bal as "the greatest political out
rage of our generation" He said the
measure will put such enormous addi-
tlonal burdens upon the American PEG
pie that it will become within the mex,
two months the greatest political issue
! IN America. The parties responsible
for it, he said, will suffer political de
feat-if not in 1920, then in 1922.
Mr.. Manly asserted also that iudg
| ing by the reports which have come te
his attention, the farmers of the coun
try are overwhelmingly opposed t.
Herbert Hoover.
Other speakers laid particular stres.
upon the necessity of "restorng con
stitutional library in the Unite,
States and one speaker declared tina
IF it Is true that Bolshevik gold ha:
been sent to America for propagand,
purposes, Thaddeus Sweet and the
Lusk committee have got it all. fo-
they have delivered the goods. The,
have done more than any one else t.
create "A revolution in America"
William Hard. of "Thc New Rcpub
lic,' also spoke.