Shoshone journal. [volume] (Shoshone, Idaho) 1884-1931, 1913-06-27

/ Washington, June % Bearing
! personal message for inlmediate nc
4 iion by congress. TO revise banking
and currency Jaws, Thai cuisines
may be aided in meeting tariff re-
vision, President WILSON, for Tia,
second time went to The capitol &c
acdless both houses assembled in
joint session.
He appealed to every member OF
The hOslsc and senate tol lay aside
personal considerations and sacri-
flee comfort, and even health. if
necessary, 10 secure at Dnce reyis-
pm aud reform Of The nation 5
banking system Only IN that way,
be declared. could the country Sc
clwe the benefits Of tariff reNis-
ion
IN is perfectly clear that it is
our duty TO supply a new banking
and currency system The country
necds IT, and it WIFI Immediately
need it more than ever said the
president.
shall we hasten I'd change our
tariff laws and then he laggards
about making il possible and easy
for The country to take advantage
Of the change? We must act at
The present time"
The vigor and strength Of his
short message held The rigid at
tention OF large audience. The
president gave no direct endorse
ment 10 the Glass currency bill,
which is TO form the basis for the
Democratic revision Of banking
laws, but in Indirect language he
made it laown that II had been
with his counsel and ap-
prevail.
we must have a currency" he
said not rigid as ndw, tut read
ly elastically responsive TO sound
credit, the expanding and the con-
,ractmg credits of every day tran
'actions, the normal ebb and flow
If personal and corporate deal
ngs. Our banking laws must mob :
illze reserves; must not permit =
he concentration anywhere in !
ew hands Of the monetary re- .
0urces Of the country or their L
Sc for speculative purposes in Il
ucn iolume as to hinder or inn q
edo or stand in tile way of 9th 81
r more legitimate, more fruit IN
n uses. And The control of The ca
stem OF banking and of issue "
Inch oar new laws are to set up III
ust be public, not private, must su
, vested in The government IT'S
III SO that the banks may be the lal
strumenis, not he masters, of ed
lsiness, and of individual enter by
Use and initiative cir
Long before the capital doors
ened hundreds of people lined up So
a steady rain in hopes of get Ia
q 10 hear President Wilson de- pa
er his address to congress on
rrency reform. The house and
late assembled IN joint session
O'Clock.
Wee President Marshall appear
at the center door of the hall
the head Of the senator's march
: two and two. Marshall took a
Il beside Speaker Clark. There
re many abs@ltees among the
use members and whole rows of
It's IN the rear of the hall were
PITY Mrs. Wilson and two dallgh-
s with party Of friends were
the executive gallery and sew
] diplomats attended
When Wilson reached The capitol
doorkeeper announced the
resident Of the United States, y
} AL arose. In a low voice that
$ never raised hut which pene-
ted clearly TO every ear in the
amber, the president began read /
! bis address which he finished in IL
le minutes. Its conclusion was Il
'eied Icy shout OF applause. As or
: president left The chamber he .
COX hands with Marshall and ii
Ink. TIE speaker dismissed the
at session and the senators re- ~
med to their chambers. II