Daily capital journal. (Salem, Oregon) 1903-1919, 1912-07-16

APITAL JOURNAL BALEM, 0KB60N
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his Canadian reciprocity policies and
his campaign for world arbitration.
He has convinced the people of his
sincerity and of his devotion to the
interests of the government and the
country, regardless Of his own per-
sOnal fortunes. He has evidenced that
he is uninfluenced by excitement and
impulse and whatever may be his
judgments, that he has the true well
fare of the country at heart.
The Democratic Candidate.
OF Mr.. Wilson it may be said that
the democratic party has, in his nom
ination, regained after many years its
former high position, and that the
prospects of his election should cause
no trepidation in the business ranks.
1t is true that in the Denomination
campaign Mr.. Wilson apparently es-
poused some of the radical doctrines
which have been seized upon by poll
ticians as bait for the discontented,
and that his treatment Of the proposed
remedy for the currency ills did not
evidence a profound investigation and
appreciation Of the facts. 1t was also
felt by the conservative that his pur-
suit Of the nomination for year or so
by means of speaking tours over the
country did not conform to the high
est precedents. 1t may be said, how
ever, that in his addresses he avoided
the personal appeal, and preached only
his conclusions on the prominent is
sues of the day AS student, writer
and speaker, especially on matters of
government he comes equipped on a
high intellectual plane for the office,
by many years of unremitting applica-
tion.
His ability to employ this expert
ence practically and successfully is
demonstrated by the record of his ca
reer as governor. That he will use
his best endeavors to wisely direct the
affairs of government for the benefit
of the whole country may be depended
upon, and the fact that the platform
pledges the nominee to but one term
should rid his administration Of the
temptation to play politics for a sec
ond term--a process which has often
materially weakened the first term
records of presidents. His attitude
upon receipt Of the news Of his nomi-
nation is most assuring indicating his
serious appreciation of the great re-
sponsibilities involved to the efface-
ment Of personal elation.
What his policies will be are hypo'
thetical. but he has in his recent
speeches stated that our currensy sys-
tenn is almost the poorest in the world
that the last financial panic was due
to the aggressive attitude of legisla'
tion towards the railroads that made
1t impossible for them to borrow mon
ey and in the matter of the trusts
when asked by the New York Times
representative last winter, do you
think that war should be made on the
combinations" he submitted care
fully prepared answer as follows:
"I do not think that war should bc
made on anything; our problem is ont
= of equitable readiustment | do no
understand that the policy of our Law
. was ever directed against combina
tions as such, against their mere size
but only against combinations in re
, straint of trade. Combination hal
proved an extremely successful mean'
Iof economy and efficiency; but re
straint Of trade is another matter ant
y, affects the healthful operation Of on
I. whole economic system"
Taking these expressions as indi
eating trend, the problems touche,
y, upon will presumably be worked ou
on lines favorable to conservative con
clusions.
II Mr. Wilson is elected we vii
y, have, Of course, the element of ne,
: and untried generalship which alway
, makes for more or less conservatism
In business.
- Mr.. Roosevelt.
T. The possibility Of Mr. Roosevelt
,r candidacy is as yet too uncertain I
be reckoned with. Mr. Roosevelt, how
,t ever, has unlimited energy and deter
> mination. He may yet be able to ei
>, tablsh a formidable fighting line
IN But Mr.. Roosevelt is pledged to bui
mess prosperity It was his ute
ances against indiscriminate trul
:, prosecution, last fall that gave II
" first upward impulse to business col
- fidence
Conclusion.
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