Jasper County Democrat, Volume 7, Number 30, Rensselaer, Jasper County, 29 October 1904 — Page 6 Advertisements Column 5 [ADVERTISEMENT]
Senator Charles A. Towne, in a speech at Fort Wayne last week, had this to say on the money question: "Now, I was not in love with silver as a metal. I never hated gold as a metal. But I did want gold to be a little more sociable, a little less retiring. I did think gold ought to come out more as money at critical stages in our business. -I thought it ought to be more in evidence. In fact, I thought we needed more gold than we had. But since then new gold mines have been discovered, new processes of refining have been invented that have made mines formerly unprofitable worth working. New labor-saving machinery has been put into use until last year the output of gold alone was larger than me output of both gold and silver was in the days when we began to demand free silver coinage. Today ten millions of people are able to do twenty-five million dollars more business than they were able to do before, because there is just that proportion of increase in the metallic money of the country.” A Republican board of state tax com* missioners has practically reduced the railroad assessments $16,000,000 in nine years. If the rates established by the Democrats had been maintained and the increased mileage of main, second main, sidetrack and rolling stock assessed on that basis, the railroads would today be paying taxes on a valuation of $188,000,000. But the Republicans have sought to keep the assessment down to the minimum and, notwithstanding the increased mileage. have added but $7,000,000 to the assessment in nine years. But the same board has voluntarily increased the assessments on farm lands and improvements on lands as much as 50 per cent in some counties. The judgment of the local assessing officers and of the county board of review was set at naught and increases made regardless of local conditions. The Republican party has declared the law ‘ odious,” and they are trying to prove the assertion. There could be no better sign of Democratic victory in New York state than that afforded by the quarrel between Senator Platt and Governor Odell. The latter named the stare ticket while the former stood 1 by and looked on but took no hand in the contest. Mr. Platt has not thought for some time that this is to be a Republican year, and he gave the reins to Odell with the expectation that defeat would overtake the party and that the governor’s leadership would thus be brought to an end. That New York is never Republican when Platt don’t want it to be, goes without saying. During the last three years Mr. Roosevelt has been presumably under the restraint of his promise to carry out the policy of the man he succeeded by accident. In those circumstances he has given an exhibition of one man power, absolutism and imperialism in the executive office which may well make the country ask what might he not do if elected president and untrammeled by any promise of conservatism. —New York Herald. In the light of conditions at Muncie, Alexandria and Elwood, where 7,000 men are out of employment, where rents have fallen from an average of $2 .50 to $1 per room, and where all, kinds of business is depressed by the closing of factories, the Republican cry of prosperity must certainly fall on unappreciative ears.
