The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1924-07-05

monopoly has become as bold
and ruthless in time Of peace as
in time Of war. The oil monop-
oily, after having bean permitted
under a Democratic Admtnistra'
ton to exact from the people
enormous and unconSctonable pro-
fits, reached out for the remain
ing naval oil reserves Of the
Government. 1t had already sue
ceeded in btN1ining from q Re-
publican Congress and q Demo.
cratic President control over large
tracts Of oil land mineral lands
outside the naval oil reserves.
under the guise Of leasing bill.
It now resorted to the outright
corruption Of q member OF the
Presidents Cabinet to attain its
ends. It obtained the services Of
former members Of the Cabinet
Of the preceding Democratic Ad-
ininistration to aid 1t in extending
its dominion over the natural re-
sources Of the earth.
Great American Principles.
The American people VIII not BE-
convinced Of the sincerity or Of
the capacity Of the Democratic
party to govern by its mere con.
domination Of Republican corrup-
ton. Corruption is the inevitable
result Of the present system OF
monopoly control over govern
ment.
The American people now un.
derstand that so long az they
permit their Government to re-
main In the hands OF the
monopoly power they win be help
less to control their destinies
either in peace or war.
Peace, liberty and economic
freedom are the great principles
to which the American people are
devoted. Progressives must cham
pion these principles until they
are firmly established in the life
Of this country.
AssaiIs Banking Interests.
The organized banking inter
ests, which own the railroads,
control credit and dominate the
industrial life of the nation, will
further Cypress labor. rob the
consumer and by extortionate
railroad rates and dictation Of
the terms of credit reduce agri-
culture to the level Of European
peasantry II longer permitted to
control this Government.
The 'ill.gotten surplus capital
acquired by exploiting the re-
sources and the people Of our
country begets the Imperialism
which hunts down and exploits
the natural resources and the
people Of foreign countries, .erects
huge ornaments for the protec-
ton Of its investments. breeds
international strife in the markets
of the world and inevitably leads
to war.
Liberal Success Abroad
France. Germany. Great Britain
and her governing dominions APP
pear to have recognized the prtn..,
ciple that the first step toward
world peace is the control OF gov.
eminent Of each nation by the
people and the dedication Of
government to the service Of the
masses.
Had England, France and Ger
many been under liberal govern
ments In 1914, there would have
been no world war. The surest
reliance against war IL democracy.
The American people must like
wise control their own Government
and restrain their own war
makers before we can hope for
world stability and comfy with
4. 49, -
Gently been swept into power by
the peace-loving people OF other
nations.
Touches Troubles Of Farmers
It is idle to hope to control the
expenditures for our military es-
Enlistment or to rely upon the
making Of treaties for disarma-
ment, or to take any action for
the preservation Of peace and good
will among nations under an
American President and Congress-
elected and controlled by an or
ganized monopoly power which
knows no law but might and greed
and enjoys its greatest profits In
time OF war.
It Is equally futile to propose
malxeshlft remedies for the tenn
porary relief Of the terrible dis.
tress which now exists among
American farmers. These deplor-
5 able conditions are the direct re.
suit OF the policies Of the two old
parties. which plunged prosperous
agriculture into a ruinous panic.
In ell sections Of our country the
farmer has felt the disastrous