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PROGRESSIVE FARMER AND COTTON PLANT. iSiesday, October 4, 1904. Tjje Progressive Farmer AND THE COTTON TUiNT. ' (Consolidated September 27t 1904.) Entered at Raleigh, N. C, as second class mall matter. CLARENCE H. POE, B. W. KILQORB, 1 C. W. BURKETT, Editor and Manager. Agricultural Editors CURRENT EVENTS: THE DRIFT OF THINGS AS WE SEE IT. The publication of Judge Parker's letter of ac ceptance was the chief event of last week in this country. In the Russo-Japanese War r.o import ant more was made by either side, but Russia did announce that she is now going to raise a colossal army and fight in dead earnest. The cotton mill men met in Charlotte and, having failed in all previous efforts to depress the price of raw cotton, adopted the more sensible policy of trying to raise the price of the manufactured product. Senator Hoar, one of the ablest and purest of our American statesmen, died Friday at the ripe old age of seventy-six. . A Spiritless Campaign. When Judge Parker sent his famous gold stand ard telegram to the Democratic National Con vention it looked to many as if the Democracy had found a bold and dashing leader a man who would hit hard, speak bluntly, and personally di rect a brilliant onslaught on the Republican Party. The writer thought at once of what one of the best-known New York editors said to us in May that Judge Parker had rather do a thing his own way, and do it wrong, than do it the other fellow's way and do it right. But since the gold standard telegram which now seems to Jiave been suggested by the New York dailies acting in concert Judge Parker has played the part, not of the spirited and ven- tjirc&nree. leadejy hsfratfceV -of he dispassionate, judge, finding after a cold survey" of the facts that the opposition party is wrong, and asking the jury to report accordingly. His letter of ac ceptance is not a bugle call, though it is some what more spirited than his speech of apcept ance. How nearly together the two great parties have now drifted will be seen from the fact that aside from our local race iestion in the South tariff reform presents the -only sharp line of di vision between Democrats and Republicans, and as Judge Parker points out, a Democratic Presi dent the next four years can do nothing as to this except so much as a Republican Senate will per mit. The issue of "constitutionalism vsn im perialism" doesn't appeal to the people generally, though to, a man with Judge Parker's fine appre ciation of legal forms and the strict construction of the Constitution, it probably assumes greater importance. As to our treatment of the Filipinos, neither party would abandon the islands at once, but the Democrats would promise self-government as soon as the islanders are ready for it. 'This question, however, was well threshed over four years ago, and it is not now arousing much inter est. There is now no such vital issue as free trade in 1892, free silver in 1896, and free silver and colonialism in 1900. It is a spiritless cam- torn, and this probably accounts for the fact that "constitutionalism" is the first issue discussed in his letter. The people certainly are more inter ested in the trusts, the tariff, and our colonial policy. "If we would retain our liberties," says Judge Parker, "we cannot permit the ar- rogation of unconstitutional powers by the execu tive branch of our Government. The executive should not be permitted to encroach upon the other departments of the Government, and as sume legislative, or other powers, not expressly conferred by the Constitution." Tariff reform is probably the one issue on which the Democrats might have elected a Presi dent this year, and it is not surprising that J udge Parker lays especial emphasis on this. He scores the Dingley tariff and quotes with fine ef fect from President McEjnley's Buffalo speech: "The period of exclusiveness is past. The ex pansion of our trade and commerce is thepress ing problem. Commerical wars are unprofitable. A policy of good will and friendly relations will prevent reprisals. Reciprocity treaties are in harmony with the. spirit of the times; measures of retaliation are not." Judge Parker points at what is generally accepted as true that the Ding ley riaes on certain artiacles were made excessive ly high with the distinct understanding that they should be promptly reduced by reciprocity treaties the protected interests, however, ltaer defeating these treaties and waxing fat by unjust levies on our people. Still Judge Parker concludes even this with the dispiriting admission that "the Re publicans, however, who do not admit in their plat form thta the Dingley tariff needs the slightest al tertaion, are likely to retain a majority of the Fed eral Sentae throughout the next Presidential term, and could, therefore, if ;they chose, block every attempt at legislative relief." araignmen of official extravagance, but as long as the Government is supported by indirect taxa tion, it will be hard to arouse public interest in this subject. Russia and Japan Preparing foriHeavier'Fighting. Russia has finally discovered that she has un dertaken no small task in her effort to conquer little Japan, and the Associated Press dispatches announce that "a second Russian army is to be created, under command of General Grippenberg, a veteran of many wars, and it is expected that within a comparatively short time there will be armies aggregating six hundred thousand to seven hundred thousand men ready to take the aggressive against the Japanese." But neither has Japan yet exhausted her re sources. She, tpo, is preparing to enlarge her army, and it is said that her new conscription regulations will add 200,000 men to her fighting force. She can also raise more money as well as men. Her people are prospering, and three years government income would pay her national debt, while as a writer in the October Review of Re views points out : "France has a national loan more than eight times the annual revenue of that country; Italy has a national loan equivalent to seven years of its revenue; in the case of Eng land, the national loan represents about five years of the government's income; and with the United States, nearly four times the total revenue equals the amount of the national loan." We are likely to see very much more severe fighting before the war ends. Russia has tremen dous resources, but the fighting is far from ,her headquarters. The Japanese are fired with a fanatical patriotism that will keep them in the struggle as long as the nation can muster an army. Prices of Cotton Yarns to be Advanced. paign. Judge Parker's Letter of Acceptance. In the first paragraph of Judge Parker's let ter of acceptance, he again refers to his gold standard telegram, reaffirms his "unqualified belief in said standard" and proceeds to a discussion of other issues "tariff reform, imperialism, eco nomical administration and honesty of public ser .vice." Judge Parker's judicial training, as we have just intimated, has probably made him peculiarly sensitive to any. departure from strict legal cus- Judge Parker on Trusta'and Pensions. The trust question Judge Parker handles very gingerly.. He does not even-mention it among the four leading questions enumerated in the first of his letter; and here is where the Democratic candidate is likely to lose many votes. His close alliance with August Belmont and other repre sentatives of the great New York corporations has not strengthened him with the Bryan ele ment. In his letter he repeats his belief that the common law affords the necessary legal reme dies for trust evils, and cites a Supreme Court de cision in answer to President Roosevelt's aser tion that the common law is not recognized by the Federal Courts. As to our colonial policy, Judge Parker's policy is briefly summed up in this one sentence: "I am in hearty accord with that plank in our platform that favors doing for the Filipinos what we have already done for the Cubans; and I favor mak ing the promise to them now." The one sensation on the letter is Judge Park er's reply to Mr. Roosevelt's pension order chal lenge. You criticize me for issuing the order that all veterans over sixty-two shall have pen sions, said Mr. Roosevelt; will you revoke this order if the Democrats win? 'This opportunity for scoring a point Judge Parker fully improves. The order was illegal, an unconstitutional as sumption of power, he says, and if elected he will revoke it. At the same time he saves himself from G. A. R. opposition by adding: "But I go further and say I will contribute my ef fort toward the enactment of a law, to be passed by both houses of Congress and approved by the Executive, 'that will give an age pension without reference to disability to the surviving heroes of the Civil War . . . as a just due to the peo ple through their chosen representatives and not as largess distributed by the Chief "E five " Here indeed is . hit, a palpable hitone that is likely to prove of not inconsiderable advant age to the Democratic candidate. The latter part of Judge Parker's letter is an It has seemed to us for some time that the cotton mill men were pursuing a foolish policy in the effort to make their business profitable. Instead of admitting that the general higher leveL of prices for other products justifies an in creased price for cotton, they have persistently sought to create the impression that ten to twelve cent cotton is unnatural, artificial and temporary. The result has been that buyers of cotton goods have waited for the expected drop in prices, and the mills have not been able to market all their output. At last, however, instead of trvine- to depress prices of raw cotton, the mill men have resolved to act together and raise prices of their own goods. At a meeting held in Charlotte last week representing 500,000 spindles, a higher schedule of prices for yarns was fixed, and the .following resolution was adopted: "Re solved, that we, each for ourselves and for the I mills we represent, do approve of the schedule of selling prices for yarns as this day adopted, and hereby bind ourselves and the mills we repre sent to govern ourselves accordingly in making sales and not to accept any orders at less than said prices, until we are advised of change by the advisory committee." The Death of Senator Hoar. Senator George Frisbie Hoar, of Massachusetts, who died last Friday is a type of public man becoming all too rare, one is almost forced to think. For in spite of our optimism and we are an optimist, believinc with Bishon Fitzcrprnld Tin "only an atheist can logically be a pessimist; that the movement of humanity under the rule of all wise, all-gracious, all-mighty God must be for ward, not backward" in spite of our optimism, we repeat, it must be admitted that men now care more for wealth than they did fifty years ago, and that the United States Senate especially has be come a club of successful money-makers instead of disinterested public servants. Among the in creasing number of millenaries and would-be millionaries in the Senate, Mr. Hoar held stead fastly to the simple ideals of another era. Using a public office for private gain, he would not have called "graft" but plain theft and prosti tution. Ostentation was far from him; plain living and high thinking might have been his motto. And withal, he did not surrender his con science to his arty associates, but had opinions of his own and expressed them with vigor and earnestness regardless of political expediency. The world is poorer for his death.