Evening star. [volume] (Washington, D.C.) 1854-1972, 1912-10-26
Suggests That His Hearers Advocate
Action by States.
DEFENDS HIS PEACE TREATIES
Believes in International Arbitra-
tion-Speeches Made at Mead
vile and Other Places.

that will loan money to farmers at low
interest rates. He suggested that the
legislators in Washington would approve
the plan, but urged the farmers to use
their influence with members of state
legislatures to have the states act upon it..
The President spoke at jamestown, n.
Y; Cory, Union City and Meadville. Pa.
There were crowds out to hear every
speech. He left here shortly after noon
for Cambridge Springs, where he made
an address at the dedication of the Ma
tional Polish Alliance College. The Presi-
dents jamestown speech was typical He
talked not only of farmers banks, but
declared he was not making a political
journey. He said. in part:
Il congratulate you on the evidences
of prosperity that show themselves in
this community. The country at large
in every respect at present seems fortu-
nate.
At Peace With the World.
Eve are not engaged in war with any
body. 1 wish we could be assured that
We never would be-
He referred to the treaties he negotiat-
ed with England and France looking to
international arbitration, and said:
I'VE never can dispense with an army
and with a navy until every nation can
be assured that there is some method of
determining International controversies
by peaceable means. But until then as a
nation We owe it to ourselves and We
owe it to the world to be prepared to as
sert our rights and defend our shores.
Now. l am especially Interested and
have been since l was in the Philip
r,iv vC1n dc hnn Ix<,1 L
question in an acuter form, of making
The credit to our farmers such that
hey can borrow money and equip their
farms in the best way and make them
produce the most. The truth is. our
mouths are more than catching up
with our production. and if we don't
look out we will have a people so
large in number that we will have to
import food in order to feed 1T. OF
course, 1 look ahead fifty or one hundred
years. but fifty or one hundred years
g not great space in the life of
nation.
High Rate of Interest.
Nov when we find that on the average
our farmers have to pay interest to
oanks. and to our people from whom they
borrow. nearly twice as much as they
10 in Europe, don't you see the disad-
vantage under WHICH they labor in max
ing their farms. and equipping them so
they can produce the most. 1t is possible
% adopt the system they have in Europe
1t involves governmental action on the
me hand and cO-ol erative action by the
farmers on the other, but if you can re-
duce the rate Of interest that they pay,
from to per cent, and there Is no reason
why you SHOULD not, because there is
Nothing so certain as what comes out of
he ground. If 1t is held in the right way
those no
be certain of their payment then 1t puts
Il farmer on a basis of advantage with
respect to all persons that is certain to
improve the farmer, to add to his profit
on the one hand and to add to his prod
uct on the other.
Now, my friends. / want to put that
seed into your mind so as to make you,
state legislature take some action AT
Washington u don't think it is necessary
20 help, because they are willing and
will do so. but If We can move on it that
way We shall do something that will not
only help farmers, but will help all the
people and all the world BESIDES
Addresses Crowd at Jamestown.
JAMESTOWN. n. Y, October 2s-Sev-
eral thousand persons We're at the Erie
station this morning to greet President
Taft when he stopped here for fifteen
minutes on his way to Cambridge
from the car platform of his special
train.
Il congratulate YOU" said he, upon
the evidence of prosperity 1 saw in your
busy factories as l came into the city,
which is only an evidence of the pros
perity of the entire country Our ex-
ports and imports for the present year
are the greatest in the history of the ma
tion, aSsregating more than S4,0OO,OUO,-
90 None OF us know just what these
figures mean except in scene, but we
do know they show the wonderful prog
ress our country is making.
Defends the Treaties.
free from war with any nation and 1
wish we had assurances that it might
always remain so. And we could have
such assurances if the treaties which 1
have negotiated with England and Ger
many and France were ratified and
adopted between all the civilized coun-
tries of the world.
Il am pre-eminently a man of peace
and Yet ! yield to no man my feeling of
pride in the splendid naval display which
l recently witnessed at New York 1t
showed that in case We had to defend
our country We We're in Readiness to do
SO. and in case we had to hit at all We
could nit hard- The rivalry among the
nations of the earth today compels us to
continue the building of battleships but
L would like to see an international court
established with the great powers to
which could be submitted the grievance
of any nation that had a grievance with
the feeling that ii could and would be
amicaby adjusted.
Peace Without Battleships.
when that time comes we can dis
pense with the building of great battle
ships and reduce our navy to a reason
able coast defense"
President Taft concluded his address
with a plea for federal action which
would result in the creation of a system
of loans to farmers for agricultural pur-
poses and which would enable them to
get money at low rate of interest for
the operation of their farms and improy-
Ing the soil so as to increase production
Yale Paper Suspends Publication.
NEW HAVEN, Conn.,, October 26.-The
Yale Medical Journal, published by stu
dents of the Ya.e Medical School, will
suspend publication after the next issue.
1t has been published monthly for more
than eighteen years. but lately has not