River Falls journal. [volume] (River Falls, Pierce County, Wis.) 1872-2019, 1913-10-09
President Wears Smile.

by the treasury department, putting
the measure into actual operation.
President Wears Smile.
Surrounded by the leaders of unit
ed Democracy and friends, who en-
circled his desk, the president, with
a smile, affixed his signature with two
gold pens.
He presented to Representative I'm
derwood the pen that had written the
word Woodrow and the one which
had completed his name to Senator
Simmons, both OF whom bowed their
appreciation.
After an impressive silence the
president delivered in easy natural
tone an eXtemporaneous speech that
brought prolonged applause.
Second Step Currency Reform
The president declared that the
journey of legislative accomplishment
had only been partly completed, that
a great service had ben done forr
the rank and file Of the country, but
that the second step in the emancipa-
ton of business was currency reform.
He earnestly called upon his col
leagues to go 'the rest Of the jour
ney" with fresh impulse.
Gentlemen, l feel a very peculiar
pleasure" said the president, in
what / have just dor by way of TAX
ing part in the completion of great
piece of business. Tt is a pleasure
which is very hard to express in
words which are adequate to express
the feeling, because the feeling that
/ have is that we have done the rank
and file of the people of this country
a great service. 1t is hard to speak
of these things without seeming to go
off into campaign elOquence, but that
Is not my feeling 1t is one very pro-
found, a feeling of profound gratitude
that, working with the splendid men
who have carried this thing through
with studious attention and doing JUS
tice all around, | should have had part
In serving the people of this country
as we have been striving to serve
them ever since I can remember.
81 have had the accomplishment of
something like this at heart ever since
was a boy and I know men standing
around me who can say the same
thing-who have been waiting to see
the things done in order that there
might be order in the United States.
A Solemn Time.
There is a solemn moment that
brings such a business to a conclu-
sion and / hope | will not be thought
TO be demanding too much of myself
DIT of my colleagues when ] say this,
great as it is, is the accomplishment
Of only half the journey We have set
The business Of this country free from
those conditions which have made mo-
nopoly not only possible, but, in a
sense, easy and natural. But there is
no use taking away the conditions of
monopoly if we do not take away also
The power to create monopoly, and
that is a financial rather than a mere
~ commercial and economic power.
The power to control and guide
and direct the credits of the coun-
try is the power to say who shall and
who shall not build up the industries
Of the country, in which direction
they shall be built and in which direc-
lion they shall not be built. We are
now about to take the second step,
which will be the final step in set
ting the business of the country free.
That is what we shall do in the cur
rency bill which the house has al
ready passed and which I have the
utmost confidence the senate will pass
much sooner than some pessimistic in
sividuals believe"