OCR Interpretation


The Nevada County picayune. (Prescott, Ark.) 190?-current, April 01, 1920, SUPPLEMENT, Image 10

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Persistent link: https://chroniclingamerica.loc.gov/lccn/sn90050306/1920-04-01/ed-1/seq-10/

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ws any notice of any of tile proposes
xtt. i laws until after they had passed
though the legislature and beer
by the Governor. These law?
are usually originated by a dozen 01
fealf dozen men gathered together it:
#®sr**' lawyer's office, where the pro
road district is laid out and tin
amy/i.s therein designated, and the will
»j»3 wishes of these few men is on
aetesS into law without a dissenting
*wkv a the legislature, and tin1 man
joini's*- little home is being bonded ami
laortgaged for twenty or thirty years
for an unlimited debt, is probably at
Unis very time, trying to support his
litil** family by cultivating his little
cad, without any knowledge
Shat his home is then and there being
mortgaged tor the next twenty years.
Before the enactment of ali this
Bpe*. ml road legislation, tin* people in
many counties of the State were en
gag'ed in building a modern system of
road', under the Alexander law, which
to the tax layers the right to
determine the ijuestion of building the
max!.- and the issuance of the bonds
This law is still in force and
famishes ample authority for building
*n«5 maintaining the highways.
My fellow citizens, I long to see an
Br: udineiit t<> our constitution, an
ta«.i jyitn; the taxing of personal prop
ean v :is well as real estate lot these
Br'jsdi d improvement*. W by shmddn t
Or* winii with hi- half million dollars
io\ rd in stocks and bonds, who rides
*j\-. fte* riKids in his Packards and
r,,vk Arrows, he retpiired to help hear
Jin* burden of building and maintaining
the highways? It is unjust and in
.table to retpiire the land owners
■&» ;» ?tr the entire burden of this or any
r character of local improvement.
Rut as long as the lands must bear this
herden. those who must pay the taxes
Rtrc iUl K' giv. n some voice in detennin
hr question of bond issue No can
diij. ie for Governor will dare defend
is;, law that authorizes a minority to
mortgage the property of the majority,
mi! h out their knowledge or consent.
Graduated Land lax
I'jh* question of equalizing the bur
;*e?i of taxes is one that has constantly
(Bgv tied the minds of the people and
flje- law making bodies since the foun
da.», >i! of our system of government ;
aiwi t is always dithcult to x i**\\ the
4jw~-tioit. except from a sellish stand
point. 1 have reached the conclusion,
ever, that the time lias come in
3ve history of this S ate, when the con
•stl.tiition should be amended so as to
.»»sttvorize the enactment of a graduat
ed Jaml tax law. The graduated land
j olea is based on tlie same tlieorj
that of the federal income tax law.
h is a democratic measure and, in
rTT judgment, the fairest and most
«qrui table way to raise the necessary
srwime to support the governnicnt
3tei’ for the income tax law, few of us
TPs-lid live to see the present war debt
paid This law places the burden of
Halting ihi' revenue largely oti those
H> „- aide to bear it.
The graduated land tax will not only
jjg e a great portion of (lie burden on
jhi-Ksv most able to carry it. tmt it will
A»nd to discourage tin* withholding
fro* settlement, large bodies of lands
aEUyK'n sn a measure, accounts for the
many spareely settled communities in
■*aac\v* j tar is of the State There are
ORany thousands of acres of lands in
AHe State of Arkansas today, lying idle.
C?vai should Ik* in a state of ciiltivn
*ism. and doubtless would hi*, hut for
ttSv fact that they are held by some
?and syndicate for speculative purposes
not for settlement. These lands
•tfno’ ) 1n> in cultivation, helping to
j»rodnce ttieir part <»f the necessaries
gf Jif.>; and as they are improved and
nettled up. their taxable value is en
■tan»**d accordingly Itut my fellow
dtrzens. you will find that when it
«oni<*s to the eonsideration of tliis and
*r questions tltat will t>e discussed
Iw this campaign, which tend to touch
pockets of the so called "Itig llltsi
asess" interest, certain etindidiites run
rtm; strictly on their reputation as
>00 ok-s men will (bulge the issue like
» onecyed gander shying around a
•rotile snake. And yet. they will tell
ipm if ehvttMl they will be the C.over
atr of oil tlu' jieople. They doubtless
fo say they would ‘govern" till
&V Decide
Pardoning Power
1 deem it hardly necessary to con
*wme any time in defining my position
** to the proper exercise of the par
fieionj power. It will doubtless he re
awvrnberod that my position has here
'•jofore been pretty well defined through
XZae columns of tlie Arkansas Gazette
.at a discussion of tiiis question with n
jSwmer State official 1 have nevei
the extreme and nnreasonalih
<;fs»fs»tion that clemency should nevei
fbe extended hy the Governor in ant
.*»e. The framers of onr constitution
iartKtwing that cases would arise ii
ewfcieh clemency should lie extened ti
I'fliwse eonricted of crime, rested in th
«©arernor of this State the power t
ggrant pardons. But that this pa we
fans been greatly abased, there can b
rms question. I am not unmindful •
tthe great pressure that Is often brough
oo bear on the Governor by those Ir
teres'(‘il in the liberation of those con
victed of crime. The appeals of the
mothers anrl wives of these unfortun
ates are difficult to resist. Hut the
Governor of the State should posses:
sufficient strength and courage to at
least pass on these applications for par
dons according to the rule of merit.
The granting of pardons should never
be so freely indulged in. its to become
an obstruction to the enforcement of
law. or to encourage the commission
of crime. It cannot be denied that
heretofore the granting of pardons has
been made to depend too much on the
political prestige or influence of the
party representing the convict in the
application for the pardon. On the
other hand there are doubtless many
convicts who were entitled to some
consideration at the hands of the Gov
ernor, but on account of being unable
to secure the services of the right
party to represent them, have had to
serve out their full terms in the peni
tentiary.
My friends, my contention is that
the exercise of the pardoning power
should he made to depend on nothing
except the merit involved in each in
dividual case.
State Convict Farms
The control and management of the
penitentiary and the State convict
farms has fur many years been the
subject of much discussion and sharp
criticism. It is not my purpose to
impugn the honesty and integrity of
those in charge of these convict farms,
yet if the unofficial information in my
possession is correct, there is some
thing radically wrong with the system
under which these farms have been
managed and controlled. There was
an effort made in the last legislature
to authorize the sale of one or both of
these farms on the ground that they
were not self supporting. If this be
true, it would seem that no satisfae
tory explanation could be made for
this condition by those in charge of the
la rms.
It is a matter of common knowledge
that all elates of farmers in Arkansas
for the last ten years, barring the year
the war broke out in Europe, have not
only produced enough on their farms
to pay the running expenses, but it
great per cent of them have estab
lished and maintained a fair bank ae
count, in addition to buying automo
biles and other luxuries to which they
have not heretofore been accustomed.
It is said that these eonviet farms
Contain some of the richest lands in
Arkansas; and of course they are cul
tivated. not by the high priced labor of
today, but by convict labor, which costs
nothing except their food and clothing,
which must be comparatively small.
So, if the farmers in the hill counties
',,f Arkansas can make a living for
themselves and families, pay the oper
ating expenses of their farms at the
high prices of labor, buy automobiles
and keep a respectable hank account,
how can it he explained that these
rich and fertile State farms, cultivated
by eonviet labor, are not self-sustain
ing? I am informed by two of the for
mer Attorney (leueruls of this State,
who wire members of the Penitentiary
Hoard, that during their terms of of
fice when cotton was selling at from
>i\ to ten cents per pound, these farms
produced a considerable surplus, anil
this money was, by the Hoard, loaned
to the State government.
rnipiestiomibly the system and man
agement of these farms can and should
!
|
'
I
he revolutionized.
Refers to Other Candidates
In referring to some of the gentle
men who will oppose me in this cam
paign. 1 shall not engage in what is
usually termed mud slinging Hut any
man's public or political record is al
ways open to discussion without vio
lating the established rules governing
political campaigns. No candidate lor
cilice has the right to la-smirch or at
tempt to besmirch the personal eharae
ter of his opponent, hut when you un
called upon to exercise your right of
suffrage between candidates for public
ctlice. you have a right to know the
public and political record of those
asking consideration at your hands.
1 am frequently asked the question.
Why has Nevada county two candi
dates for (lovernor?" This is a ques
tion I cannot answer. When I decided
t» nut i iii i ' i • *
dreamed of having an opponent from
my homo county. IHiring last summer,
us soiut* of you know, uiy liunio was
mentioned. along with a number ot
others, as a probable candidate for
Governor, and Mr. T. C Mellac <'f my
county, who is also a candidate for
Governor, knew for over two months
that I had this matter under considers
tion, and yet lie never advised me of
■ his intention to make the race, but
waited until it was announced that 1
would be a candidate, then he promptly
i announced himself also as a candidate
> for Governor. I then wrote him this
» letter, which was at the time published
i in the Arkansas Gazette and Coiutuer
r cial Appeal:
f “Hob. T. C. McRae,
^ Prescott, Ark ,
1 l>ear Sir:—
In the Arkansas Gazette under dat*
I of July 25th. you are quoted as saying
hat you are a candidate for Governor.
Of course, you knew at the time that I
was also n candidate for the notnina !
lion for Goo-mor: Our mutual friends}'
in Smith Arkansas, and especially in
Nevada county, insofar as I have beerij
I aide to ascertain, feel that for both of
us from the same county to he in the'
• race for Governor, is not only an in j
I justice to each of us, hut is exceedingly'
i mbarrassing to our friend - through
out the State. 1 feel that this is a con
dition for which I am not responsible,
since at (lie time I decided to enter
the gubernatorial contest, and made
public announcement of my intention
to do so, it never occurred to me that
you had the least desire or intention
of entering the race. You were a can
didate for this office three years ago
and voluntarily withdrew from the
race without the advice, knowledge or
consent of your friends and supporters,
and at a time when they felt that you
had a fair chance of success. Your
mosf intimate friends, in view of your
age and other conditions, accepted this
voluntary action on your part as the
concluding chapter of your long career
of political activities.
I5ut since you have expressed your
intention of becoming a candidate for
Governor in the next primary, 1 have
decided to make you this proposition:
1 am willing to pay half the expenses
of a preliminary primary in Nevada
county, in order that the people in tiie
county in which we both live, may
have the opportunity to express their
choice between you and me as candi
dates for Governor. And if you think
i' i> practicable to do so. 1 am willing
to submit this same proposition to the
voters of the Eighth Judicial District,
or to any one county in the district,
giving you the privilege ol selecting the
county. I am not unmindful of the
fad that the people of the whole S ate
have the right to participate in nomi
nating the candidate for Governor, hut
it is equally true that no candidate for
a State office may expect to be serious
ly considered by the people away from
home when it is known, or believed,
that he has not the indorsement or sup
port of the people in his home county.
I ontcnvl this co’itt*s4» fti! c ,
Hint I hail the indorsement and
of the people, not only of my homo
, utility, but of my section of the State,
anil 1 have no reason now to change
my opinion, l.nt if I am mi- a hen in
this, and you, and not I arc their
choice as a candidate for Governor,
then I stand ready to withdraw from
the field and will give yon my active
support. Are you willing to do like
V. ise? I make this proposi ion in good
faith, feeling that it is fair and reason
able, and is an easy method by which
our friends at home may make their
choice between you and me. However.
1 do not by any means wish to be un
derstood as having under considera
tion my withdrawal from the race for
(iovernor, except on the conditions
named above, but on the contrary 1
want ntv friends to understand clearly
and unmistakably that 1 am in this
contest to the finish.
Awaiting your early reply, 1 beg to
remain,
Yours very truly, .
<; K. Ilaynie."
A few days after mailing to Mr. Mc
Kae this letter. 1 received a reply in
which lie declined to accept my propo
sition.
There are but few men in the State.
Ot Mr. Ml Kao's age, who have not bmg
,in.i‘ answered the call to retire from
polities and surrender the ship of state
to a younger class of men. I’-nt he
doubtless belongs to that class who be
lieve in the rule, "Old men for counsel
and young men for war.
My friends, my father and grand
father before me, and till my bra'i i'
and uncles and all my people have
alwavs supported Mr. McRae in every
ambition of ids life. My father.oast
III- first vote for him as a candidate
for tb • legislature from Nevada county,
lie was in Congress as tar back a- I
' ian remember anything about polities,
land 1 east my tirst vote for him as a
candidate for Congress in Is'1-. ami
! have continued to vote for him when
ever lie was a candidate for any otliee.
When I decided to submit to the pen
I pie (if this state my ambition to (
iheir (Jovernor, 1 felt that I eouhl tie-,
| ,H»iul on Mr. McRae to support in** with j
1 ilmt same degree of loyalty with which
( my people ami 1 have always supported
; him Hut instead, he challenges me to
combat. 1 can say with no disrespect
toward him, he is of that charactei
,uul disposition, and has reached that
age in life, when in,* can scarcely eon
code to anyone the right to differ from
him. Deep down in ids heart today he
f.vls that I am committing a very grave
wrong in daring to oppose him for
Governor. lie feels that his announce
ment should automatically work my
withdrawal.
I shall refrain from discussing, at
this time, Mr. McRae's public record;
and in concluding «ay remarks about
him, 1 wish to say that oh account of
the close friendly relations between
cur families at home, I approach, with
much regret, the conflict that must and
will result from this campaign.
It would seem that the gubernatorial
bee has built his hive in South Arkan
sas. The good county of Ouachita, jusi
south of Nevada, has a candidate for
Governor in the person of iny friend
Sinead Powell, the big proud peacock
Napoleon from Camden. Mr. Powell
is generous enough to concede that the
other seventy-four counties in the*
Slate have the right to alternate wild
his county in furnishing Governors for
Arkansas. In other words, the present
incumbent in the Governor’s office was
preceded by a Ouachita county man
and it is now that^eounty’s time again
to furnish the Governor.
My good friend Mr. Powell has a
most unique record as a politician. He
enjoys the peculiar distinction of hav
ing reversed himself in his attitude
toward each and every candidate for
Governor and United States Senator
during the last fifteen years, save and
except two. In other words, if he sup
ports a candidate in one election, in
the next election he opposes him, and
vice versa. The present Governor is
an exception to the rule. He lias en
joyed Mr. Powell's support from the
beginning to the end. If flic present
administration is u success, Sinead
Powell is entitled to a part of the
credit, and if it 1ms boon a failure, lie
is likewise entitled to bis part of the
credit, since lie has been one of the
Governor’s chief advisers during his
two terms of office.
Mr. Powell lias, for a number of
years, been a standing candidate for
United States Senator. lie started
out this time to run for that office but
decided lie would first take over the
Governor’s office and go from there to
the Senate. Two years ago lie launched
his campaign for the Senate by mak
ing himself a big speech over at Kings
land, I believe it was, and in this
sjieeeh he took a strong stand against
woman suffrage; hut I am informed
that he now occupies the foremost seat
in the equal suffrage hand-wagon. A
fellow in referring to Mf\ Powell the
other day. called him a “vacillator." 1
said, “What is a vacillator? " He said.
•*A vacillator is a fellow all slicked
over with vaseline, so he can slip and
slide about from one politician’s camp
to another without any friction"
Mr Powell got to the first quarter in
his raee for the Senate two years ago.
then took out and formed u coalition
with Col, Hrundige to heat Joe Kobin
son, and a strange coalition it was
indeed. If 1 am not mistaken, this is
the same Smead l’owell who landed in
Helena, in Phillips county, about the
second or third day after the election
in the Ilays-Brundige contest for Gov
ernor. He was at that time a friend
of George Hays, and it is said he gave
wholesome advice and counsel to the
politicians of Phillips county, who were
then and there engaged in apportion
ir.g the vote of that county between
the two candidates for Governor.
About a week later the apportionment
was announced resulting in the elec
tion of Governor Hays. I have never
Ix'lievcd that Governor Hays knew of
or was a party to the tilings that trails
pired in this Helena conference. Col.
Hrundige and his friends felt that he
had i>con outraged, and contested the
election and carried the contest to the
courts, but the case was finally dis
missed on the ground that the courts
had no jurisdiction to try and deter
mine the rights of the parties
Mr. Powell, of course, couldn’t Jen
pardize his reputation us a "vucillator'
therefore lie had to support Col. P.run
digo in tiis last light for the Senate
It was an awful jump from the Helena
conference to the leadership of the
Colonel's forces in South Arkansas, and
nobody hut a "vacillator" could make
ihe landing, but Mr. Powell landed
safely, and made a valiant light for the
i 'ol , appealing specially to Ids friends
in Ouachita county to support his new
made friend, and when the election was
over and the smoke of battle had all
cleared away, lie figured tip his friend's
votes in that county and found he had
secured for him votes as against
lotto for Senator Uobinson. It is pre
dieted that Mr Powell will probably
ho able to secure these same bob votes
for himself in that cotin y.
It is generally reported over tin*
State rnat a certain crowd of politi
cians in Little Dock have pledged to
Smead l’owcll, what they term tin* .left
Davis vote in this State, and all the
former .le(T Davis forces are command
ed to fall in line and keep step to the
martial music, with Smead l’owell as
their standard bearer. .Inst imagine
the former supporters of .lofT Davis
rallying around a fellow like Smead
Dowell. If there was one well defined
purpose and determination on the part
of the Jeff Davis supporters, it was to
put dawn and stamp out of public of
fice, every vestige of aristocracy; and
yet it is commonly reported that this
crowd of politicians bare already lmr
tered and pledged the so-called Jeff
Davis vote tx> the very king of aris
tocracy. Dan it Is* said that any eluss
of citizens in Arkansas are subject to
the orders of a master as it they were
so mauy serfs, vassals or slaves? Are
they to be bartered and sold on the
political board of trade as if they were
so much private property? Is it true
that the vote of any element in Arkan
sas is a subject of inheritance, and cun
be handed down from father to son?
If so, then I say God help the son to
become worthy of emulation and lead
ership.
There are a few people in this State
who actually believe thu£ at the death
of Senator Davis, his political prestige
and influence has descended to his eld
est sou, and that he inis the unfettered
right and authority to transfer it to
whomsoever he will. As a friend and
supporter of Jeff Davis myself, I re
sent and denounce such an idea or in
sinuation, coming from whatever source
or quarter. Even Jeff Davis himself
failed in every effort to deliver the
vote of his fronds to any other candi
date for office; and for a set of poli
ticians to assume that they have the
right and power to deliver the vote of
an honest and fro*- people to any can
didate for any office, is an insult to
the people of this State, and a reduc
tion upon their honesty and intelli
gence. Of course it will he denied that
a deal of this character lias been made;
they can't afford to admit it. But
every man who pretends to know any
thing about State politics, will vouch
for the truth of this statement.
Just prior to Sinead Powell’s an
nouncement for Governor, the closest
friend he has in Arkansas told Die out
of his own mouth, that some of Mr.
Powell’s friends in Little Rock had
agreed to donate toll thousand dollars
to his campaign fund, if he would make
the race for Governor. I wondered
then. ..:.d 1 wonder now. w h\ any -i t
df individuals would or could be inter
ested to the extent of ton thousand dol
lars in the election of any man to the
Governor's oltice.
Fellow citizens, I fully realize that
in making this tight. I am bucking
what is ordinarily termed a political
machine, consisting of a few politi
, < iait's in Little Hock and Ka-:ern Ar
knnsas. I wish to say. however, that
this machine effects but few people in
either of the localities mentioned. The
1 people its a whole in the ci'.v of Little
Hock, and in the counties of Eastern
Arkansas, are just as fair, honest and
(honorable as any people in Arkansas,
land they are Just its much opposed t<>
| tin* methods of machine polities as you
| or I. My friends, I believe that the
lime lias come when the plain people
of this State it re going to ignore the
politiciul machines and slush funds,
and elect some man to the Governor's
office in whom they have confidence,
and to wlioyi they can look for a safe,
suin', practical business administration
of the affairs of this State. If 1 can't
go into the Governor's office without
lioing hound hand and foot, bucked and
gagged by a lot of politicians and politi
cal bosses, then let me go down in
honorable defeat.
SUPPLEMENT
Education
I Hiring tin* last twenty years, there
lias heeii a marked improvement in the
educational system of our State; hut
there is ample room for still further
i improvement, and especially in the'
j rural distriets. A more liberal and
offer'ive policy toward the country
schools should he promulgated and
worked out. to the end that the hoys
and girls in the country distriets may
lie placed on eipial fooling with the
tuns and girls living in the towns and
[cities, insofar as it is possible to do so
The country with its limited school
privileges and opportunities, lias at
ways furnished a liberal per cent of
| the great leaders in every department
[of life, and it is hut right and fair to
give this class of people a chance to
develop t> »ir full strength along all
edneational lines.
The ipicstion of procuring teachers
land instructors for both public and
private institutions of learning, is lie
coming a serious problem. The com
IK'Usatlon paid this class of profes
sional men and women, is so much out
of proportion with that of every other
profession, until main teachers have
already abandoned this work and uc
cepted employment in other fields in
which the compensation is far in ex
cess of the teacher’s salary. The
teachers as a rule love their profes
sion awl are loath to give it up. There
is no other profession in which we are
so much interested. As u rule the life
character of the boy or girl is laid and
fnrmod in the school room, and so much
i depends on the eliaracter and ability
of tlu* teacher. Jjet the pruning knife
| of retrenchment be applied liberally
along other lines heretofore discussed,
and give mere attention to the educa
tion und training of the chHdrcn of
frbis State.
Capita and i .tbor
It is to be regretted that th*
of both capital and lat*,.
ways progress under tho
1 COQ,
nor of peace and harmony
certain rights and privil^
should not be ignored or ^
otlicr. One cannot exist ta4
without tlie other, if eve
honestly examine his own^'
the view of discovering
lisliness there may lie 1 urkijJ
and rid himself of that .selfoj
and not until then, will he l
qualified to enter into iiegotij.
a just and reasonable settk
whatever differences, if ^
between tho two classes, g!
.should 1)0 willing to honestly
biasly pursue the policy 0f ■]
let live." While capital shom,
denied the right to a reas0Bibl
for its services, the laborer, ^
real and actual producer 0f ^
must receive a living \vaSe;,a
fixing of this wage, due
1m* bad to the cost of the necej
life. No man envies tin* labo^
toil of drudgery and dang*
laborer is not a slave, and six
be so regarded. Most of them
American citizens and shonM
speeled and considered as sueb.
Hank (itiurunfy
At every regular session of a
la turf* f< a number of years i
has been made to enact wlntfc
tbc I>unk Guaranty haw'* £
withstanding tile insistent d«a
the passage of this bill, smw
bankers of the State have busie
solves in opposition to it, andfc
u> tins time iieen successful |j
in?; its defeat. The more cons
class of hankers, however, b»n
' pposed the enaetinen of a ret
ami conservative bank -uanu
I think the demand for this In
only fair and reasonable, but
mark of progress and advai
that cannot lie further ignoi
longer delayed. I shall 1h> thek
to make war against the banki
are not only engaged in a Iq
business, bnt their existence!
in ely indispensable to the eond
progre s oT the commercial wot)
da\ However, they should be
to abide by tin* golden rule, 1
others as you would have them
>ou " The universal rule of *2
is to require approved security
moneys loaned by tin* bank to
t imers Then why shouldn't tit
lx* required to furnish some I
security for tin* money depoj
ilieir vaults. At present all I
institutions, as well as all other
of business, are unusually pro
and of course, as long as prase*
tions continue, the bank guari
would lie of little service. Ke
lire insurance of any service
as we don’t have a fire. I
Tin* prosperity, and I raightt
very existence of a bank dqx
its deposits. The lending of
positor's money by tlie bank
highest rate of interest obtain
practically its only source of I
and no bank can continue tool
don't receive any deposits. Tat
take their hard earnings ana
them in a bank, should not t
made* to feel, but should kno*
in case of financial trouble, or I
ure of that bank, their interest
protected, and their money ret*
them.
livery class of people iu thia
except a few who think they
dictate the financial policy for
tion, arc favorable to the enact
a fair and conservative bunk p
law lint strange to say, out
distinguished candidates for Go
who has heretofore organized tie
of the State, insofar ns it wasp
to do so, against flu* passage ■
law. and has led (lit* light api
from start to finish, is now ocfl
great space in the newspapers**
State, advising the public that
the people’s candidate for O'*
His alleged fidelity to the pe°P^
considered in the light of his?
cord, affords a splendid illustrtl
l'anl's definition of “faith.” “®
stance of things hoped for. thee*
of things not seen.”
This same candidate was*1
i f the recent constitutional e0®
from Nevada county, and hi* ***
that hody was so notoriously*
sition to the interest of the®
people that a certain labor P*!**
State published him as an f®
the Inhering class. The farmer*
State appealed to that court*
incorporate into the proposal*1
tint a provision for a gnidn*’
tax., and this same candidate
the fight of the people, voted
this provision. Guess he ^
“fighting the fight of the
he voted, in that convent!®
the proposed reduction of d*
terest rate in this State.
treasure is, there will .vour
**I
also.” “By their fruits ye
them."— (Ad v.)

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