Newspaper Page Text
i ivyim'pni jWWW ' "t- yr- b IC ,v N V 8UPPLEMENT TO THE BEE Earllntjton, Ky., Thura., Oct. 8, 1908. PHILOSOPHY OF BRYANISM. By deduction nnd lnfcronco tho phi losophy of Bryanlsm in mndo oloar to tho, slmploet undorstnndtag. To lllus trato: A If corporations, nbuso tholr powor destroy thorn. Likowlso If tho plumb ing in your houso Is bnd set flro to tho building In ordor to rebuko the tricky plumbor. Wealth nccordlng to nryan Is croatcd by loglslntlon, not by labor. Thoroforo abolish tho taxing powor as a needless oppression and ralso rov enuea by flat. All monopolies nro unjust and dan gorouB. Ilonco wo should abolish tho pntont laws and thus dlscourngo tho development of lnvontlvo genius. Fodoral ownorshlp of trunk lino railroads Is necessary. Consequently thoro must bo Fodoral training schools for tho instruction of locomo tivo onglncors, flromon, brakomon. conductors, bnggago mastors, otc. Thoro is danger, says Bryan, that tho American dollar may bo mado "too honest." Obviously tho way to nvoid that porll is to make tho Ameri can dollar thoroughly dlshonost through frco silver at sixteen to one. Labor is Insufficiently rewarded, Bays Bryan. This Is true gonorally, but particularly as to tho convict la bor, of Domocratlc States in which alono that Infamous systom prevails. Tariff for rovonuo only moaning froo trado is dcslrablo, bo Bryan oays. By tho samo token low wages for American labor aro preforablo to high pay, trado depression is better than prosperity nnd tho rusting ma chinery of idle mills is moro beautiful than tho music of industrial activity. Tho philosophy of Bryanlsm en courages Industrial discontent, and Incites strlfo bctweon employer and aomployo. It moans cheap mon, cheap labor and low wages paid in dishon est dollars. It is to-day precisely what it was in 189G and In 1900, and has novor misled or buncoed tho ma jority of tho peoplo oven for an hour. Tho trnil of tho serpent Is" over it all. WIVAN'S LATEST FINANCIAL BE LUSION. Former Secretary Shaw Explains Some of Its Monstrous Possibilities. Tho address of former Socrotary of tho Treasury Lesllo M. Shaw at tho Illinois Republican Stato Convention brought homo with all tho emphasis of facts and figures that trained finan cier could command tho utter folly and Impracticability of tho Bryan EChemo for guaranteeing bnnk depos its. Said Mr. Shaw: "Mr. Bryan promised In his platform tho creation of. a fund for tho rollof of depositors in failed and falling Institutions, State nnd National. Tho truBt com panies of Now York alone lost In de posits $320,000,000 in f6rty days, yet no doposltor has lost, or will loso, a penny, and no stockholder will real ize loss than par for his stock. It would havo required $200,000,000 to havo safeguarded the banks of New York City alone, nnd at least $500, 000,000 for tho entiro country during tho panio of last year. "With a fund created by assess ment and pndor Government control, directors would novor sacrifice their individual fortunes, as thoy did last wlntor, to save their institutions. Thoy would throw tho responsibility of susponsion and widespread disas ter upon tho Covornmont. Let tho Government assume such a responsi bility and tho Government yill bo called upon to mnko It good. "Does tho Democratic party," asked Mr. 8haw, "Intend to withdraw ?500. 000,000 from the channels of trado and lock It up against tho day of dis aster which comes once, perhaps, In ten or fifteen yoars?" Tho moro tho Bryan bank guaran tee schomo receives attention tho moro glaring not only tho fallacy and absurdity of tho Bchemo Itself, but also tho freakish Instability of Bryan's montal processes that permits him thus to stultify himself in Beck ing to mnko fools of tho public. Tho bank deposit guarantoo schomo will go down in our political history as anothor added to tho list of financial delusions which havo been put for ward under Bryan ausplcos within the past twolvo yoars to tost tho san ity of the American peoplo. In every Instanco tho people havo proved them selves sano by rojectlng tho doluslon. JROOSKVELT NOT A MENACE TO PROSPERITY. Notwithstanding tho caroful scru tiny of nnd vigorous policy of Presi dent Roosovelt in relation to largo combinations of corpornto wealth, right thinking men whoso interests aro affected do not regard his activi ties as a monaco to prosperity. The latest uttoranco from such sources Is voiced by Elbort H. Gary, chairman of tho hoard of directors of the United States Steel Corporation. It was mado In London at a dinner given to him at the Reform Club by Sir Hugh Boll, president of tho Iron and Stoel Institute. In the courso of his remarks Mr. Gary took occasion to cay: "May I digress for a moment to epeak of our President, Mr. Roose velt, who has sometimes been mlsun dorstood it not misrepresented? Ho is not an enomy to capital or of busi ness prosperity. He bellovos that right conduct Is the first essential of National health, but ho also bolloves that raatorlal success and growth nre necessary. Ho does not attack Indi viduals as such, bo thoy rich or poor, but opposes what ho conoelves to be wrong, whoover parpotrates It." General Jacob Coxey, of Ohio, whose army of unemployed marched to Washington only to be kicked off tho grass by a solitary policeman, Is flocking with Bryau this year. This is distinctly proper and consistent. Theso eminent reformers for revenue only have both become wealthy, by shouting "Calamity!" in various tones of voice. GENEALOGY JFJHE TAF1S Sturdy Stock From Which the Republican Candidate Springs. First Ancestor in Now England Was Robert, n HouscwrJglit -Among Ills Forcbonrs Wcro Ministers, Teachers, Lawyers nnd Statesmen. In fhn lnat vetnra nf lint tlfn fr. Taft'B mothor, Mrs. Louisa M. Taft, wno uiou rocontiy, uevoteu muon or her tlmo to compiling tho history on this side of tho wntor of tho Taft family nnd of hor own family, tho Torroys. Mr. Taft's first ancostor in Now England, according to data gath ered by his fathor, tho lato Judgo Alpbonso Taft, was Robort Taft. Robert was a housewright, who sot tied at Menton, Mass, in 1CC9, going thoro from tho provlnco of Brnlntroo. Joseph, one of his flvo sons, mnrrlod Elizabeth Emerson, who was tho granddnughtor of tho first minister of Monton. Joseph's Becond son wns Captain Potor Taft, and his third son wns Aaron, who wns born In 1743. Ho prepared for Prlncoton, but al though ho established a reputation as a scholar, ho had to loavo college bo foro ho graduated. Aaron lived at Uxbrldgo, Mass., and Townshond, Vt., nnd mnrrlod nhnrln Dnwonn thn great-grent-granddnughtor of Edward Rawson, secretary of tho Massachu setts Bay Colony from 1C50 to 1C8C. Poter IlnWROn. tlin third enn nf Aaron, was successively a school icacaer, n lawyer, juugo or tno com mon nlnnn. IllrifrA nf Hin nrnlinfn court, Judgo of tho county court of Windham County, was a county com missioner nnd for many years a mem ber of tho Legislature. Ho removed to Cincinnati, Ohio, In 1841, whero ho died and left ono son, Alpbonso, mo latnor or William H. Taft. Alphonso Taft was born In Tdwn- Shcnd in 1810. anil wnn trr.nriitntnri from Yalo In 1833. Ho taught in an academy at Ellington, Conn., and was a tutor at Yale. Following his ad mission to tho bar In 1838 ho wont to Cincinnati. Ono of his notablo cases was his appearance in tho United States Supremo Court, whero he suc cessfully argued tho claim of tho city for a bequest, which was tho nucleus of tho endowment fund for tho Uni versity of Cincinnati. Ho was United States Minister to Austria and Russia, Judgo of tho Superior Court of Ohio, Secretary of War in Grant's Cabinet and an ardent nbolltlonlst. Judgo Taft'B first wife was a daugh- tor Of J 11 (leu Chnrlos Phnlnn nf Tnivn- shond, Vt. When sho died in 1851 she ion two sons, Mr. Taft's half-brothers. Charles Phelps Taft is tho pro- nrlotor of fhn ClnplnnnM Tlmno.Stni. Tho othor son, Peter RawBon, died in laas. jucigo Tart's second wife wns Louisa Maria Torroy, whom ho mar ried in 1853. Her first son died in Infancy. William II. Taft was tho second son, bolng born In 1857. Henry WatorB Taft, of Now York, is tho third child: Horn nultnn Tnfr the fourth and the fifth Fanny Louise, wo-oi ur. wiuiam A. jsawards, of Los Angeles, Cal. In closing her notes, Mrs. Taft wroto of her son William: "Tho fact that Secretary Taft throughout his long and honorablo public career haB received promotion continuously la ample evidence of his capability and reliability and of the sterling integrity of his character." Mrs. Taft was a direct descendant from William Torroy, who went from Somerset, Englnnd, to Weymouth, MnBS., In 1G40. Ho was long a mem ber of the Houso of Deputies, and was Invariably chosen as clerk of that body. Ho was a magistrate and n captain In tho mllltln. Mrs. Taft's grandfather, William Torrey, was tho fifth William In tho lino of descent. Ho was a verltablo son of Anak, tra dition having It that ho was six feet sovon Inches tall, and proportioned accordingly. Samuel Davenport Tor rey was Mrs. Taft's fathor. Hor mother was Susan Holman Waters, daughter of Asa WatorB, who founded tho village of Armory. Sho was a granddaughter of Colonol Jonathan Holman, who raised a regiment dur ing tho Revolution, and fought gal lantly at tho Hnttln nf Snmtn.rn Mrs. Taft'B father accumulated a for tune in tno West Indian trado, and rotircd in 1831, to Millbury, Mass. Mrs Taft rinll?htrri In trnMno- In William, and her othor children, tho Birmiug cunracionstics wnlcn had marked their ancestors. Of hor mothor, Mrs. Taft wroto: "Mrs. Torroy was a woman of raro ondowment nnd ohnrnrtnr wnll nrln- catod for tho porlod, and hor highest iuterost was always in tho world of thought. Sho hnd an lrroslstlblo de slro to know the best that had beon wrltton lu lltoraturo and philosophy, and sho hnd Mm nniirnen (n fnllmv tha vlows of truth, which hor active and progressive mind attained, to tholr conclusions." This wns MrB. Taft's estimation of Air. xatts maternal grandfather: "Mr. Torroy will bo long remom bored ns a man of marked Individual ity, of thorough business methods, of Inflexlblo Integrity, with a decision and typo of character which left a lasting Impression wherevor ho was known. It happened that ho was called upon to assist at tho burial of many of his juniors. " 'In a green old nge. uu seeim! iikq an owe. worn out steady, Amid the elements, whilst the younger trees j.1 vii just arounu nun. "Belonging to tho heroic ago of Now England, ho novor for a moment lost Ilia linnrlnir nf n I'nnllamnn nf tlin old school. Without olllco, or tho do-J sire lor ouico, no onjoyca tno roepoct of all. To an unusual dogroe ho pos sessed " That which should accompany old age, An honor, lore, obedience, troops of fnuu.' Whatever may be his (Mr. Bryan's) present political potentiality may bo ascribed to the faot that hitherto ho has not beou allowed to carry out his program. Governor Hughes at Youngstown, Ohio. "Leaders will gather to talk with Bryan," runs a nows headline. They may gather, but they will never havo a chance to talk. f'llry-TirvaKrts an niuLiltlon, though his TAFT ON THE STUMP. "That was no 'con' talk. He ain't no great orator, but you bet ho means what ho says. Bryan wouldn't havo told us tho truth as plain as that, but ho meant what ho said, and no's got tho nerve to tell tho truth." These aro but a few of tho comments' all'Of tho samo tenor, which could bo heard when Judgo Taft addressed 400 coal miners recently at Athens, Ohio. In tho speech Mr. Taft declared to tho union miners that ho had issued Injunctions. Said ho: "I issued them because the rights of tho plaintiffs demanded it. When I am on the bench I enforco tho law, and I havo no apology to offer." After tho utter ance there was a pause of almost dra matic intensity, and then those 400 miners broko not only Into applause, but cheers. With tho Nebraskan manipulator of language In mind Judgo Taft said to a Sandusky audience: "I cannot dwell In tho cerulean bluo, but havo to deal with facts." Because Bryan has more experience than any public speaker of tho day on the stump, nnd this exporlonco Includes several Pres idential campaigns In which ho was the candidate it was thought in somo quarters that tho Republican candi date might bo at a disadvantage at this game. But Mr. Taft has come on amazingly in this regard. At first ho spoko from manuscript, then from notes, and at SanduBky and Athens he spoko extemporaneously, as ho did at various points on the route to Cin cinnati, and tho effect was Instanta neous In spontaneity of responsive chord. Brynn's ability at word painting and to clotho gllttorlng nothings with pootlcal language, Is now becoming to bo rogarded moroly as such. It Is all something apart from tho business In hand. It is llko play acting. Good onough to see and hear, but very Ut tlo ubo whon wo all get back to work. All vory ontortalnlng, but no holp In tho affairs of life that dally press. For this reason Mr. Bryan's light and atry nothings do not make tho lasting lmprosslon on his audiences which tho simple truths that Mr. Taft oxprossos with such absonco of oratorical effort mako upon his hearors. The situa tion is something llko tho dobato be twoon Douglass and Lincoln. Tho former tickled nnd swayed his hear ors, but they carried away what Lin coln Bald, and tho great Abolitionist had completely won them whon they got homo. Much in tho samo way Bryan's most enthusiastic auditors for the most part will go homo and think it all ovor and thon voto for Taft. Oratory for moro oratory's sake with nothing behind it in the way of suggested sorlous achiovemont is tho effect produced by tho brilliant orator of tho Platte. Ono has boon enter tained by tho rhetoric of young mon Just emerging from a college courso, but hardly impressed ns much ns by what is said by one of distinguished public servico or of nchiovomonta in the affairs of llfo. As Judgo Taft starts out on his speechmaklng cam paign no misgivings need bo enter tained as to the outlook. Whllo listening to or roadlng Bry an's attacks on woalth, good Amer icans should not forget the example furnished by William Howard Taft. He has been a public servant many years and Is still poor. How much do you supposo he could havo re ceived from any big corporation law firm during that time for his legal services had ho beon willing to lay asldo his duty to bis country to feath er bis cost. SUCH A DIFFERENCE! otd - lime Democrat oftheschool of coat mat sc.ctii of-many'colovs.'l-rllonty - Copyright, TAFrS CHARACTER AND BRYAN'S (From tho Philadelphia Press.) Tho difference between Judgo Taft and Mr. Bryan is precisely the differ ence between tho policies for which President Roosevelt and tho Repub lican party stand, and the crazy, half-baked proposals of Populism, corporation haters and railroad bait ers, to which Mr. Bryan is tho real heir. Tho Republican legislation of the last four years proposed a fair, im partial court, in the Interstate Com merce Commission, where any ship per could go who thought a rate too high and any railroad who thought a rate too low. To this was added the requirement of complete and accurate reports of all railroad operations. Justice, law and publicity aro tho Re publican Roosevelt policy, and Judge Taft Is its direct heir by character, training, experlenco and record. But this is not what Mr. Bryan has inher ited or the estate to which he haB been adjudged heir in tho probato court of public opinion. The whole sale sweeping cut of freight rates, tho harrying of railroads, wild schemes for Government ownership, laws de nying railroads and corporations a re sort to tho Federal courts theso aro tho assets of tho Inheritance to which William J. Bryan, Populist, agitator and corporation baiter, is heir. It is because tho American peoplo proposo to reform railroads and great corporations by Justice, law and pub licity that tho voters of tho country turn to Judge Taft as tho rightful heir of tho work of the past four years. (From tho New York Sun.) It may seem to theso conservative Republicans and thoro must bo con servative Democrats who are in sub stantially tho samo frame of mind that oven granting, which wo do not, that tho Republican platform is not superior on tho whole or at least a littlo less demagogical than the Dem ocratic, granting that tho Roosevolt policies are to win, whoever Is olected, still Mr. Taft by his character, by his training nnd oxperlonco as a lawyer and a Judgo, by his essential sobriety and sagacity, is naturally moro con sorvatlvo than Mr. Bryan and moro llkaly to glvo tho country an adminis tration satisfactory to conservatives. Somebody Is going to bo disappointed and disillusioned, no doubt, In a year or two, but wo can't boliovo that tho disillusion and disappointment will bo In relation to tho naturo of Mr. Taft. NO NATIONAL POLICY. Tho Domocrats In dealing with tho tariff, as In other mattors, havo shown that thoy aro good critics but bad actors. Tholr platform will not do claro for froo trade, but thoy will at tack tho protection policy of tho Re publican party with argumonts which, if sound, would justify freo trade. It entrusted with power In tho Executive office and both branchos of Congross, they would adopt an illogical tariff giving liberal protection to tho in duatiles of the South and grudging or Inadequate support to thoso not rep resented in that soctlon. Tho fuct is that tho party has no National policy and is united only in distrust of the purposes and policies of the opposi tion. Dubuquo Times. Now that Samuel Gompors Is in politics ho must expect to be closely watched by many of his followers who aro anxious to see whetner ho win develop any ambitions for personal benefit. as : ?. mm0W& htwlw if if wl 1 1 Joftcrson andJacfcson Wattorson s r v 1008, by Tho Mail and Express Company. YALE MEN'S FEALTY TO MR. TAFT Rising above tho comparatively un important and conventional consid erations that surround Mr. Taft's col lego days, ono enduring featuro ap peals to the attention. That is the absolute and unquestioning loyalty with which his classmates, and Yale men generally, cleave b him. Tho fealty of '78 men to Mr. Taft Is In- uuueiy stronger man it was wnen they clasped hands for tho last tlmo as undergraduates on commencement UU). Tho reasons for this aro plain. Ho has flattered them by vindicating their faith that he would go far In tho world's affairs; that, as hi3 fathor prophesied of him as a boy, "Me diocrity will never do for Will." And ho has returned confidence with con fidence, loyalty with loyalty, affection for affection and trust for trust. Ho has never put asldo an opportunity to acknowledge tho Indebtedness to tho men of '78 for tho uplifting impulse, the sustaining force that their regard for him has been in dark hours when discouragement and baffled endeavor mocked. Taking a leaf from his personal ex perience, ho narrated beforo the stu dent body of the University of Wis consin, in a talk on college friend ships, this Incident: "While In Manila In 1902 I wns mono in wnat tnoy call tho 'palace,' with only Chlneso servants, and I was on my back with a very painful illness. Tho government had not beon going Just as wo all would havo liked It. Tho newspapers woro criti cising, as they always do, but thoy seemed to havo more ground for criti cism at that time. Tho shadows of night woro coming on, and tho day had Just reached that porlod when ovorythlng that is burdensome or pes simistic seems to lengthen with tho ShadOWS. I Wns VnrV TTllinh ilnnrnooul whon a cablegram was handed mo. i mo uau uoon coieoratlng her 200th anniversary, and all tho class had tratliornd thorn in hnnnr- imr .. that celebration. I had forgotten it m mo woes i nau, out when thlo cablogram was oponed I remembered. Tills IS What It said: 'Wn lnvn vni, BUI, and wo aro with you in ovory- miK juu uro uoing. xaio, '78.' "NOW. if tho Slin hnd rnritnn,t nnA shono Into that room, It could not havo given mo moro light. It could not haVO Clvon mo morn nlrnnn-Mi in meet tho burdons which were not light at that time, than that message from thoso mon. I could feel myself standing elbow to elbow, because I know that thoy woro my most gener oub crltics,-that thoy would bear any defect that a man might havo because thoy know that his heart was right; that thoy would bring to bear in tholr Judgmont of him tho charity, tho lovo and tho deop feeling of compan ionship which nothing but a college friendship can give." Mr. Taft recently wns quoted as expressing nimseir in this way: "I can't concolvo of anything moro depressing than to be denied partici pation in an actlvo campaign or to be kept quiotly in one place, depending wholly upon necessarily fragmentary reports as to what is going on and as to what conditions aro." So Judge Taft said, In speaking of hla prospective spoaklng tour. This is characteristic of tho tnau. He could not shirk if ho tried. Taft campaign buttons aro In groat demand In Delaware and Maryland. Campaign buttons do not vote, but their wearers do What's the an-ewerT BRYAN FAILS TO PROVE E Though Challenged by Mr. Taft; is Unable to Specify Where Ex penditures Could Be Le gitimately Reduced. A SURPLUS, NOT A DEFICIT Tho Democratic Cnndldnto Must Either Confess Himself n Stupid Novice in Regard to Public Fi nance or Else Appear ns One Deliberately Seeking to Mislead tho American Peoplo ns to Facts. Mr. Bryan, hermetically corked up on tho old issues of frco silver, im perialism, and government ownership of railways, is scrutinizing tho record of Republican administration during: tho past twelve years with a micro scope to find somo pog on which to hang an attack. It would not be al together surprising if a party which had dono so much in thla period to ad vance the glory and economic prog ress of tho country has made a casual orror hero and there. Theso twelyo years havo witnessed the war with Spain, which gavo freedom to Cuba, and Porto Rico and brought tho Phil ippines under American authority Thoy havo witnessed tho omergencer of tho country from depression and financial uncertainty upon tho firm ground of the gold standard, enacted, into law by a Republican Congress. They havo witnessed tho creation ot a navy which is carrying our flag with honor around tho world, iner have witnessed tho extension ot tno strong hand over tho railways and tho great corporations in behalf or equality of treatment for all citizens. In sum and substance theso twelve years have witnessed for tho average man a degree of prosperity and com fort never before equalled under any; flag in any country since tho world: began. , . In picking flaws In this record Mr.. Bryan has taken upon himself to crit icise tho appropriations of tho last Congress and to make the declaration, that "there was a deficit of somo $00, 000,000 in the last fiscal year." ir Mr. Bryan knows what ho Is talking about this refe'renco to a deficit is amazingly disingenuous. Secretary Cortelyou punctured this particular Bryan gas bag effectively soon after tho fiscal year closed on Juno 30. Ho issued a statement showing that whoa tho proceeds of bonds sold were add ed to tho receipts from taxation and. miscellaneous sources, and allowance was made for tho reduction of the public debt, there was no deficit, but a surplus. The appearance of a de ficit was only arrived at by counting all expenditures for tho Panama Ca nal and other public works, and fail ing to count on the side of the receipts tho proceeds of tho bonds sold for tho construction of the canal. It Is the- custom in nearly every other civilized. Government to Issue bonds for all public works, but so large have been the receipts of the Treasury of tho United States that It has been tho custom to pay for theso permanent Investments of capital out of current receipts. It is a bad system of book keeping, and Secretary Cortelyou has announced that ho proposes to correct It. It might havo been pardonablo for "tho man In the street" to bo mis led by tho present form of Treasury statement. It is not pardonable on tho part of a man who pretends to bo a student of public questions. Mr, Bryan must cither confess himself a. .stupid novlco In regard to public finance or as deliberately seeking to mislead the peoplo as to tho facts. Tho tremendous expansion of mili tary and economic activity through out tho world has undoubtedly led to a volume of expenditures which calls, for serious consideration. In Ger many It becamo necessary last spring: to lssuo a large loan to cover ordin ary expenditures and to consider every possible means of increasing taxation. In Franco tho ministry oven pressed: through tho Chambers tho proposition to tax tho coupons of tho public debt, thoroby taking back from tho cltizoa in taxes what it had promised to pay him in Interest when ho loanod his capital. In Great Britain changes In tho rato of the Incomo tax afford a. ready means of adjusting Incomo to expondlturo.buttho burden falls heav ily first upon tho small shopkeeper and Is shifted by him largely to tho masses whom ho suppllos with daily necessities. In all theso countries substantially all public works of a pormanont charactor, whothor groat or small, aro charged to special ac counts. Secretary Cortelyou has already announced that ho Is having tho ss tom of bookkooplng at tho Treasury overhauled and modernized All ad ministrations in tho United States aro prevented from applying tho pruning: knlfo resolutely to expenditures, be cause there is not tho complete con trol of tho budget by a slnglo Minister which prevails In Europe. Somo stops in this direction should undoubtedly bo taken, but fow voters aro likely to bo misled as to tho relative efficiency and Intelligence In taking such steps which would bo shown by a Bryan administration on ono hand or a Republican administration: hoadod by Mr. Taft on tho oth or. Mr. Taft In his speech of accoptanco requested tho supporters of Mr. Bryan to put tholr fingers on tho items whore expenditures could bo- legitimately roduced. He pointed out that the increaso was due chiefly to tho enlargement of tho navy, the con struction of the Panama Canal, the oxtenslon of rural free delivery tht enforcement of the pure food and meat laws, which have probably saved hundrods of llvos, the rigid supenls ion of the railways, which has been demanded by public opinion, the rec lamation of tho arid lands and the preservation of our national forests It Mr Bryan knows anything about finance let him put his finger on thOBo Uoms In this list which ho would wipo out from tho budget ot expenditure or materially roduco. (