Bismarck daily tribune. [volume] (Bismarck, Dakota [N.D.]) 1881-1916, 1913-12-30
! Politics and Business

There are visible signs that PRESIDENT wilson II
again growing uneasy regarding the industrial out
look. gYAings have not turned out as we'll as he and
his friends predicted, and the future is not exactly
promising. 1t will be remembered that a year ago
lDeceinkSst T. 1919, in a speech before the Southern
societySM New York, Mr.. Wilson said: 'They say
business ayill be disturbed by the Democratic policy.
Busines*,cannot be disturbed unless the minds OF
those who conduct it are disturbed. There are un.
natural panics that are said to occur sometimes be-
cause certain men want to create the impression that
the wrong thing is being done. l have been told that
the machinery is in existence by which such a panic
could be brought about. Personally, l don't believe
the man lives now who dares to use that machinery.
If he does, l promise him, not on my own behalf, but
on behalf of my countrymen, a gibbet as high as
Hannah III H.. 80.
One year of Democratic rule, or practically that,
has seen no evidence of any disposition on the part
Of the business men to invite Humans fate. The
mythical machinery Of a panic has not been used
and no panic is in sight. But it does not need a panic
to indicate when business is going down hill. The
president cannot accuse even his most bitter enemies
If he has any-of working any panic machinery"
The tendency has been all the other way. Without
regard to party, all business men have tried honestly
to make the best of the new conditions. There have
been noGmore earnest optimists than the Republicans
who saw Mr.. Wilson elevated to the presidency with
SERIOUS misgivings. Neither Mr.. Wilson nor any of
his official associates can point to any attempt at a
conspiracy to bring disaster merely to discredit the
administration and its policies.
1t would be strange, in deed, if the effects of the
Democratic policies would not be felt in some meas
TIC Try Tits tinic. Never in history has there been
q radical change i'll the tariff without a corresponding
depression OF greater or less magnitude. 1t must be
remembered that a very radical change has been
made insAhe tariff. On top of that is the impending
fnancial. legislation with it's instigation in party poll
tics and its conduct in the hands Of novices and
bunglers. Nor is this all. There is still an important
part of the Wilson radical program TO be carried
TO say that because business is Insulating there
is a Conspiracy" on foot for political purposes is
ridiculous. But only the other day Edward Carpen-
ter, manager of the national employment exchange,
said: "There are more honest, able-bodied working
men out Of positions now than at any time since 1909.
The demand for labor is poorer than at any time
since then" If there is a candidate for the unhappy
emulation of the late Mr.. Haman, it must be Mr.. Car
penter. Yet he charges no conspiracy Instead,
as a practical and sound-minded man, lie admits that
these die logical and natural conditions brought about
by observation-disclosures of political manipulation. If
there Is no work to be done, the president cannot
force Employers to hire workmen. Even his dire
threats cannot coerce industries into doing unwise
and foolish things.