South Bend news-times. (South Bend, Ind.) 1913-1938, 1913-10-04
WILSON AFF|XES
HIS SIGNATURE
To TARIFF BILL
Tells Members Present That
Reform is Needed if They
Would Do Away With Power
to Create MOnOpoIieS.

WASHINGTON. Oct. 4.-Surround-
ed by the leaders of a united democ-
racy, Pres. Wilson signed the Under
wood-Simmons tariff bill at 9:O5
Friday night at the white house.
simultaneously kilograms were sent TO
customs collectors throughout the
| country by the treasury department
putting into actual operation the first
democratic tariff revision since 1894.
A happy group Of legislators. mem
bers of the cabinet and friends encir-
cled the president, as he smilingly sat
down, slowly affixed his signature
with two gold pens. He presented to
Rep. Underwood the pei that had
written the word Woodrow" and the
one which had completed his name to
Sen. Simmons, both of whom bowed
their appreciation.
In impressive silence, the president
rose and delivered in easy, natural
tones. an eXtemporaneOus speech that
brought prolonged applause.
Wants Currency Reform.
The president declared that the
journey of legislative accomplish
ment had only been partly completed;
that a great service had been done for
the rank and file of the country, but
that the second step in the emanclpa-
ton business was currency reform. He
earnestly called upon his colleagues
TO go THE rest of the journey with
fresh impulse"
Gentlemen. 1 feel a very peculiar
pleasure" said the president, lin
what l have just done by way OF tax
ing a part in the completion OF a
great piece of business. Ii is a pleas
ure which is very hard TO express in
words which are adequate to express
the feeling: because the feeling that
e. 80 done tho NJ
and file of the people of this country
a great service. 1t is hard 10 speak
of these things without seeming to go
off into campaign eloquence, but that
is not my feeling.
1T is one very profound. feeling
OF profound gratitude that working
with the splendid men who have car
led this thing through with studiOus
attention and doing justice all around.
/ should have had part in serving the
people Ot this country as we have
been striving TO serve them ever since
I can remember
\ Boyish Ambition.
Il have had the accomplishment of
something like this at heart since l
was a boy and I know men standing
around me who can say the same
thing-WhO have been waiting 10 see
the things done which il was neces-
sary 10 do in order that there might
be Justice in the united states. Anu
so il is a solemn moment that brings
such a business to a conclusion and l
hope / will not be thought 20 be de-
handing too much Of myself or of my
colleagues. when / say that this. great
as il is. is the accomplishment OF only
half the journey.
we have set the business OF this
country free from those conditions
which have made monopoly not only
possible. but in a sense easy and nat
ural But there is no use taking away
the conditions OF monopoly IL we do
not take away also the power TO ere
ate monopoly. and that is a financial,
rather than a merely circumstantlal
and economic power.
The power TO. control and guide
and direct the credits OF the country
/ is the power 10 say who shall and who
shall not build up the industries OF
the country in winch direction they
shall be built. and in which direction
! they shall not be built. We are now
about TO take the second. which viii
I be the final step in setting the bust
ness OF this country free.
That is what We shall do in the