New-York tribune., 1913-12-25

CHEER Up
From The Albany Kn.ckerhoekcr-Press.
Let us have an end OF the crolk.ngs and
the boastings rs well. Let MS try % ind
out what the new currency measure is and
how it will operate.
GIVE IT \ FAIR TRIAL.
From The Washington star.
Again the old saw so often quoted is
quotable. The proof Of the pudding IS in
the eating. We shall know more about
the new law after a trial. II provides
some delicate and important machinery,
and II will be set up at time when buSi-
ness is nervous and depressed. But It
should, and will have a fair trial, and II
il realizes the expectation Of itS friends,
and does for business what is promised
In It's name, great will be the credit Of its
authors and adjusters.
AN INDEPENDENT VIEW.
From The Springfield Republican.
There were many doubters among his
warmeSt supporters when President VIII
son insisted that the work OF framing and
passing a currency measure should he
taken, up without a moments delay. He
believed that the action deemed necessary
should proceed steadily and without inter-
mission, while the fear that good results
could not be brought about under such
pressure was widely and honestly enter
tanned The outcome is a vindication OF
the administration.
POPULAR APPROVAL.
From The Syracuse Herald.
The conference report on the currency
bill passed the House of Representatives
by vote OF 29S TO 60-nearly five TO one.
That remarkably one-Sded alignment OF
the popular branch of Congress must be
accepted as pretty reasonable proof that
the predominant sentiment Of the country
is favorable TO the fundamental principles
OF the measure. and to such OF the vital
details as have been widely discussed dur
ing the last few months.
AMENDMENT PROBABLE.
From The Boston Transcript.
The supporters Of the currency bill are
demanding the country shall give il a fair
trial when it is put in operation. BY all
means ii is entitled To fair trial. but a
fair trial implies that the proponents ana
supporters of the new currency system
shall be willing To change features that
are demonstrated by experience to he inn
practicable, dangerous, or susceptible OF
marked improvement \ compromise IS
usually found to contain ideas that are
expressive Of only the eNpediency OF the
moment We shall live under compro'
mise when the new law Is in tul opera
ton. and how We shall live and how far
We shall prosper depend on our ability 10
secure the repeal OF perilous or incoh-
gruous provisions. Granting a fair trial
does not imply abstention from criticism.
NOT \ MIRACLE.
From The Buffalo Express
II not more than ten men in Congress
understood the fundamentals of banking
and currency reform, as Professor Laugh
lin says in explaining why he regards the
approval of the bill by Congress as mirac'
ulous. then it may be said that the coun'
try was fortunate in having ten men VINO
did understand. and enough others VINO
trusted to the judgment OF the ten to put
the bill through. II may be pointed out
too. that the bankers have had a great
deal to do i'm the framing of this reform
and that the National Citizens League
and Professor Laughlin himself also dld
good work on the problem The bill IS
really the result OF years of agitation and
discussion. The miracle is not so much OF
miracle, after all, as an exhibition Oh
education and good sense