Goodwin's weekly : a thinking paper for thinking people. [volume], July 24, 1909, Image 1

About Goodwin's weekly : a thinking paper for thinking people. [volume] (Salt Lake City, Utah) 1902-1919

Image provided by: University of Utah, Marriott Library

                
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L Good wintf Weekly I
I Vol. XV SALT LAKE CITY, UTAH, JULY 24, 1909. No. 12 fl
T That Proposed Bond Issue
I F NEARLY $400,000,000 in 3 per cent bonds,
called Panama canal bonds, are issued by or
ffg der of Congress, then, if things were normal
fr in the United States, it would be safe to predict
I that such issue would put a final quietus on tho
w Republican party for a long term of years. When
SSft", the country at large was broke; that is when all
, f the money left had drifted into a few hands and
lli the surplus was most dangerously low, Mr. Cleve
w land and Mr. Carlisle issued $250,000,000 in bonds,
E and tho Democratic party has never won a trick
f since. Mr. Cleveland did the work at the behest
w of a few bunkers who wanted the bonds, first to
. I make a great killing over the low state of credit
' m to which they1 had brought the country, and sec
re ond, to reinforce their banks with the bonds on
which they could draw the interest for a term of
f years. But the country was pretty well drained of
money at that time. The demonetization of silver
fc had reduced the value of property 50 per cent and
the people at large had very little money.
Since then property values have advanced 300
or 400 per cent, and the gold in the country and
in the treasury has increased 800 per cent. The
f annual increase in the value of the products of
L field and mine amounts to quito $10,000,000,000
- and 25 per cent of this is in gold or its equlva-
W lent. And we are at peace with all the world.
i The party that issues $400,000,000 50 year 3 per
f cent bonds on such a showing as that ought to
lose the confidence of the whole American, people
except the few money loaners and dealers in
bonds.
( A banker not unfrequently loans of his de-
j positors' money, three or four times the amount
. of his capital stock, and it is accepted as safe
h banking by the people, That a government so
f tremendously rich as ours, can see no way
I through which to meet tho expenses of construct-
f ing fifty miles of canal except by levying an as
, sessment of $750,000,000 principal and Interest on
the people, ought to make the people determined
t to employ some new agents.
It merely shows that the government is under
the dictation of the national banks.
i Our belief is that it would be better to have
I one great national bank of the United States,
f even as England, France and Germany have for
' ' their respective countries. Then to hoard within
I & that bank the gold on hand and the gold received
from taxation and Issue paper on that for the use
of tho people, and paper In excess of the amount
up to a safe margin, all the paper to be redeemed
in gold on demand.
I Under that the government could easily build
t the canal and very speedily call In Its Interest-
r bearing indebtedness.
i As it is tho intention is clear that the time is
never to come when the people will not be pay-
p Jng a heavy annual Interest to the men who hold
t the obligations. That Is, the program Is to found
f a perpetual money system on tho foundation of a
' national debt which through one and another ex
cuse is to be made perpetual.
And we are told that "this Is a government of
the people, by the people and for the people."
That motto should be called In and should read:
"Tills Is a government of the national banks, by
x " the national banks, and for the national banks,
I and the people are suckers,"
Hvr'' ' "
The Encampment
REMEMBER that it will be only about two
weeks until the veterans will be here. They
are to havo one more camp fire; they are
to exchange reminiscences of battle fields that '
shook the world, and when the life of native land
hung trembling In the awful balance.
Most of them are old and many of them are
feeble, but they hold in memory all those stirring
and fateful days, and tha camp fire must be kept
burning for them, that they may call up and re
hearse those old memories.
The encampment here must be more pleasant
than any they ever enjoyed before. The welcome
to be given them must be so sincere that they
will feel it, and all their days here must be happy
ones. And the good will be ours. Many a child
will grow a better American after seeing the
march of the long lines of those veterans.
That Case of Mark Twain
IT IS SAID that Mark Twain has withdrawn
the suit which he filed against a former fe
male stenographer for the possession of a
house, which he In a moment of weakness, had
permitted the lady to acquire. That awakens a
thousand memories. In the old days Mark had
no stenographer, neither had he any house. He
and Dan DeQuille had a cheap room In a lodging
house, and the house had only canvas and paper
partitions. The result being that the whole house
was converted Into a conductor of sounds.
There was another feature about it which
seemed to set all the laws governing acoustics at
naught, for a whisper In one room, by the vibra
tions of the human voice would swell and multi
ply until at the other end of the hall, where the
landlady had her apartments, they would break
with a force to shatter things. It was a clear
exemplification of the fact that the poet-philosopher
was right when he declared that a pebble
dropped in mid-ocean, would start a vibration
which would eventuate in lashing all the shores
of that ocean jvl th in-rolling billows.
Now Dan was neat of person in those days,
while Mark was somewhat derelict in that re-
spect. This led to more or less disorder in the
room occupied by the two geniuses, Dan was,
moreover, a shy, modest man, not given to com
batting statements made by his friends. And so
Mark as he came In at night, to bolster up a pos
sibly damaged reputation as a housekeeper, would
upbraid Dan for his delinquencies, in exaggerated
and magnified terms and phrases and taper off
into a grieved tone lest his own reputation
against the bright shield of which no dart had
ever been shied, might suffer because of tho
shortcomings of Dan whom he had permitted to
share the room and the rent with him. And this
on Mark's part was merely that the echoes might
pick up his words and on the wings of the ne
farious acoustics of that enchanted house, bear
tuem to the other guests and especially to the
' lttndlady at tho other end of the hall, to his own
exultation and the discomfiture of poor Dan.
The worst feature was that Dan was a mar
ried man and presumably respectable, while Mark
was not married.
Now this story of Mark's suit against the
stenographer and ilts withdrawal awaklens feJll
those old memories and it Is pitiable that R. M.
Daggefct ,i .dead and that old Putnam was, at last
accounts in the hbmj fn agedprlntara In Colo-
rado, and Steve Glllis was nursing a imlno la i 11
old Tuolumne, for each might, were they here, de- ! J
liver testimony which at this to day would ex- Mm
honerate poor Dan and Incidentally be of service jl
to the modern stenographer. ffl
It is a misfortune that the su't Is withdrawn, 'mm
because, could It come to trial, It might, Jn skill- M
ful hands develop anew the truth that It Is lm- H
possible not only to learn an old dog new tricks, II
but that it is quite as impossible to make an old
dog forget his old tricks. j M
O, but those were great old days. What sells ! M
and guys and quibs and quirks that old band ! M
played upon each other; how Mark would seek M
justification and prove himself an innocent man, (
and Dan would show that no pay ore could ever .
be found In either Mark or Daggett because their H
formation was bad originally, and all that was mm
good In them had faulted or had leached away.
What If there had been stenographers in that
day! How much their notes would bo worth M
now? That house that Mark lost would be noth- H
ing by comparison. i
Such Terms ol Peace H
IN ITS own style on Sunday last the Herald H
referred to "the happy, halcyon days" when Mm
"peace had come to Utah and with it forget- 1 WM
fulness of past bitterness," and then added: "We - M
grieve inexpressibly that there is no way of ro- 'l
vivlng those blessed days." 'mm
For that the Herald became at once an "es- ,
teemed contemporary" of the News, of course,
and the News covered It with just the same
saliva that the boa constrictor covers Its victim
with before swallowing it. M
The Herald knows full well why the peace j
which prevailed here for two years after state- '.
hood was obtained under false pretenses, could 'fl
not continue. There Was a double reason. Self- H
respecting Americans could not meekly endorse t M
the perfidy that had been practiced on them by 1 H
the high eccleslasts of tho Mormon church, and H
moreover, It was not possible for self-respecting 'H
Americans to stand idly by and see the constitu- IH
tion and the laws trodden under foot, and every IH
material interest of the state deteriorating, and 9H
the majority of the people drifting back into the H
servitude that had held Utah a reproach for half H
a century. H
And just such editorials as that in tho Herald H
is a quasi endorsement of the perfidy and tho H
wrong which these priests havo perpetrated and H
arc still perpetrating on Utah and her people, I
The Herald pretends to be a Democratic news- H
paper. The editor saw two years ago the chief of I
the Mormon kingdom, the same as order tho II
Democrats here to vote a so-called Republican II
ticket, and saw under that order 2,000 voters II
which this editor had counted upon as sure to II
vote the Democratic ticket, vote solidly the mon- j
grel ticket which was called Republican. He saw il
the name thing done by high eccleslasts last II
year, and though he knows that it was all a direct II
violation of the constitution and the laws oj the II
state and a direct .enace to free institutions, II
sighs that .the old peace cannot be restored, and II
the whole tenor of the editorial was a reproach II
to such men and women as have tried to arrest il
this renewed degradation and make Utah an ,Wf J nm
American state. JtkJ&S M
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