The Wenatchee daily world. [volume] (Wenatchee, Wash.) 1905-1971, 1909-04-13
TALKED ON OUR
COUNTRY
VICE PRESIDENT SHERMAN, SEN
ATOR CARTER AND REPRE-
SENTATIVE CUSHMAN SPOKE
AT UTICA CLUB MEETING.
(By Associated Press. }

dent Sherman at the annual banquet
of the Chamber of Commerce in this
city last night. Senator Carter, of
Montana, spoke upon the desirability
of postal savings banks as a means
of fostering thrift among the masses
of the people. Representative Cush-
man of Washington also delivered an
able address.
In responding to the toast "Our
Country" Mr. Sherman recounted
the elements of strength possessed by
the United States both in its actual
development, its possibilities for
greater development and the moral
force it Is enabled to exert over the
destinies of the world. Recounting
the wars in which the country had
been involved everyone of which, he
declared, had behind it some exalted
moral purpose, he said the nation
had been devoting itself pretty as
siduously to it's commercial advance
ment.
Quoting some of the leading sta
tistics showing the material growth
of the country, he. said the nation
should have confidence in itself as
the world has confidence in it. The
growth of the United States has been
so enormous that it could no longer
be demonstrated by comparing its
Industries, wealth and national
strength with any other leading coun-
try in the world, nor even with a
group of other countries. 1t was
necessary to compare it with the rest
of the world.
I'VE have but per cent of the
population of the EARTH said Mr..
Sherman. "Our nation possesses but
z per cent of the area of the earth
and yet industrially we about equal
one-half of the balance Of mankind.
I'VE have" he said, twice as
much life insurance as the rest Of
the world, and one-half as much
money on deposit in our savings
banks as all the rest of the world.
Our expenditure for education is two
thirds as much as Is spent by all the
rest of the world. One-third of the
revenue collected by governments is
ours, while our debt is but one-thir-
tieth of the debt of the world. We
have enrolled in our schools 10000
600 students, 100000 being in
our public schools alone, for which
we pay annually 100000, which
is more than is spent for educational
purposes by the five greatest coun-
tries of Europe, including Great
Britain"
The country, he declared, is not
retrograding. Ambition as we'll as
patriotism is indigenous to our soil.
Ambition" he added, sis inspired
by opportunity Ambition and op-
portunity have inspired and devel-
oped genius. Genius has produced
invention. Invention has enlarged
opportunity and increased by bounds
American production, American
wealth and American power"
The advantages of postal savings
banks were told by Senator Carter
in a most attractive manner.
sound business relation, he said, can
never be maintained with reckless
or improvident people. He who
spends all, he added, and saves moth
ing, betrays himself and those de-
pendent upon him, and in the end
he will cheat somebody and blame
everybody.
"The combined powers of the
world would perish" said Mr.. Car
ter, lin an attempt to conquer the
American people and hold possession
of this country. Our power to re-
sist outside pressure is invinclDle.
But who can forecast the issue of the
event should a troublesome percent
age of the governed require an In
crease of our standing army to the
relative proportion of the average
European war establishment? You,
gentlemen of affairs, are deeply con-
.cerned in having prudent rather than
reckless people to deal with. The
government is interested in nurtur-
ing the affection. devotion and inter-
est of the people in its well-being
AMI the masses are profoundly con-
ce-ned in the growth of prudence,
thrift and patriotism"
He said it was impossible for saw
ings banks facilities TO reach all the
people in rural sections. On the
other hand, the government with
10000 money order postoffices could
do this work to the great benefit OF
the country at large. He showed the
extent to which postal savings banks
are operated abroad. He insisted
that this work could not be called
banking in its true sense so that
bankers who oppose the system do
so without justification.
Representative Cushman of WASH
ington spoke on "Layman's Pic
ture of the Panama Canal" descrip-
ing the enterprise as one that touch
ed the nations prosperity and makes
70 dismal