New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-06-24
FREE BUSINESS MUST
HAVE FREE CURRENCY
So President Wilson Tells Congress in Urging
Immediate Action to Give the Country
Better Banking System.

Washington, June 23.-The Presidents
currency message TO Congress was, IN
full. as follows:
MIR. Speaker Mr. President. Gentlemen
of the Congress: 1t is under the COM
pulsion of what seems to me clear ana
imperative duty that ] have second
I time this session sought the privilege oil
addressing you in person. l know, OF
course that the heated season OF the year
is upon us. that work in these chambers
and I'm the committee rooms is likely to
| become a burden as the season lengthens,
and that every consideration Of personal
convenience and personal comfort-peI-
! haps, In the cases Of some of us. consider
atoms of personal health even-dictate an
early conclusion of the deliberations OF
| the session. but there are occasions OF
public duty when these things which
touch us privately seem very small; when
the work to be done is so pressing and so
fraught with big consequence that we
know that we are not at liberty to weigh
against IT any point OF personal sacrifice.
I'VE are now i'm the presence OF such an
occasion. IL is absolutely imperative that
we should give the business men of TINS
country a banking and currency system
/ by means Of which they can make use OF
the freedom OF enterprise and of indi-
vdual initiative which we are about TO
bestow upon them.
we are about 10 set them free We
must not leave them without the tools OF
action when they are free. We are about
10 set them free by removing the tram
mes Of the protective tariff. Ever since
| the Civil War they have waited for this
emancipation and for the free opportuni-
ties IL will bring with II. 1t has been re-
served for MS to give 1t TO them. Some
| fell in love, indeed with the slothful
security of their dependence upon the
government; some took advantage OF the
shelter Of the nursery TO set up mimic
| mastery of their own within its walls.
Now both the tonic and the discipline OF
liberty and maturity are to ensue.
There will be some readjustments OF
purpose and point of view. There Will
| follow a period Of expansion and new
enterprise. freshly conceived. IL is for
us TO determine now whether il shall be
rapid and facle and Of easy accomplish
| ment. This il cannot be unless the re-
sourceful business men who are 10 deal
with the new circumstances are to have
at hand and ready for use the instru-
mentaities and convenences Of free en-
terprise which Independent men need
when acting on their own initiative
Must Be Constructive Also.
1T is not enough to strike the
| shackles from business. The duty Of
craftsmanship is not negative merely.
1t is constructive also. We must show
that we understand what business needs
and that we know how 10 supply IT, No
man, however casual and superficial his
observation OF the conditions now pre-
vailing in the country, can fail TO see
| that one of the chief things business
needs now and will need increasingly as
! IL gains in scope and vigor in the years
| Immediately ahead of US is the proper
/ means by which readily to vitalize its
credit corporate and individual, and its
| originative brains.
| What will IL profit us to he free II
we are not 20 have the best and most
accessible instrumentalities Of commerce
and enterprise? What will IL profit us
| to he quit of one kind Of monopoly IL
We are TO remain in the grip OF another
and more effective kind? How are we to