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Newspaper
Ames Times
Location
Ames, Iowa, United States of America
Date
Oct 01, 1908
Page
6
Gov Hughes debunks Bryan style fixes for trusts in a Youngstown speech. He warns against licensing large interstate firms and banning control of more than half the product, arguing such schemes would misdefine remedies and curb honest enterprise.
The piece argues that strict dissolution of trusts would cripple production, raise unemployment, and ruin working families. It critiques a Bryanite plan to shrink plant capacity and questions who would buy sold-off facilities, warning such vagaries threaten industry and wage earners.
The 1900 telegram to Judge William H Taft opened a door to Washington and led to his rise as the Republican candidate for President. President McKinley, Secretary Long, and Elihu Root discussed sending Taft to the Philippines to help establish civil government as the army advanced. Taft hesitated, weighing risk and duty, before choosing service to country.
The Tafts are described as from good stock with deep roots in Uxbridge Massachusetts. The article notes many Tafts in Uxbridge and quips that a woman cannot throw a stone without hitting one.
Recognized authority George F. Roberts argues that a blanket deposit guaranty is a crude fix. He urges strengthening individual bank standards and currency responsiveness, warning that guarantee plans would erode responsible banking and invite reckless lenders.
Hon. James S. Sherman cites a vast pension bill as an enduring obligation from the Civil War era. Colonel Bryan criticizes farm discrimination in politics, noting Lincoln Nebraska farmer's bid for the White House and broader national prejudice.
The Republican party is rich in men, practical principles, and a proven record of fulfilled pledges. We support party principles first and will rally behind the standard bearer to victory, per James S. Sherman. Bryan could gain in the Rocky Mountain States by proposing a federal guarantee of mining stock deposits, per the Omaha Bee.
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