The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1913-10-04
Ceremony Is Impressive
and Historically Pic
tureSque.
HE'S RESTING NOW
AT HALFWAY INN
Dream of Boyhood Has Been Ac-
complisl- in Part, and Second
and Final Step Will Be
Taken When Currency
Bill Is Similarly
Disposed Of.
Special to The Times-Dispotcb. !

Especial to The Times Dispatch
Washington, October 3.-lhc Presi-
dent. after signing the bill arose and
delivered an extemporancous speech.
IN which he referred TO the measure as
the ttrst step in the emancipation of
the country from monopoly. The see
ond and final step. he said. would come
Win the enactment OF the currency
oill. Immediately after the Presidents
signature to the tariff. IL became :,
record of the State Department. Bon
Davis. chict clerk of the department.
received it from Secretary Tumulty
and filed ii in the archives.
The President used two pens. Ono
he presented to Oscar Underwood.
chairman OF the Ways and Means Com
nittce OF the House, and the other to
senator summons chairman OF the FL
nance Committee Of the Senate. who
piloted the bill through Congress.
Mr.. Wilson, explained before sign
Ing the bill that he set the hour for
that ceremony late in the evening be-
cause he had been advised by tho At
torney-Gencral that ii ought not to
be signed until after business hours:
therefore, he waited until O'clock
Impressive aud Picturesuue.
10 make the ceremony impressive
ana historically picturesque, he had
invited to be present members OF III.
/ House and Senate committees. and
those or the Cabinet who were I'm the
city and the newspaper corns ~
Washington. All of these were ga,h.
cred In the Presidents private otf,ce
Ihe only decoration in the room w,s
gorgeous bunch OF chrysanthem,,ns
on the Presidents desk.
Immediately behind the President
STOOD Secretary Bryan. Secretary
iJnnieis' Secretary Garrison. Secretary
wilson. Secretary Rcdneld Secretorv
Houston. Secretary McAdoo and Attor-
hey-General McRcynolds. To his left
were Senator Simmons and Oscar In
derwood On his right were the
PRESIDENTS brother. Joseph: DR. Cary
Grayson. Secretary Tumulty and Assis-
tant Secretary Rudolph Foster. Third
assistant Secretary of State Dudley
Field Malone. Assistant Secretary or
the Navy Franklin D. Roosevelt
Speaker Clark occupied position on
The right OF the President. but immcdi-
ately behind the Cabinet. With him
stood the Vice President Ranged in
front OF the President In n huge semi
circle were the newspaper men.
Pleasure IInrd to Express
When the President arose to make
his preliminary announcement and
sign the bill there was 4 great out
burst OF applause.
After presenting the pens, Mr.. Will
son expressed his qualification over the
enactment of the first administration
measure, and said:
II feel very peculiar pleasure In
what | have just done by way OF
taking part In the completion OF a
great piece of business. 1t Is a pleas
ure which Is very hard to express in
words which arc 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
II great service. 1t is hard to speak
of these things without seeming to go
off into campaign eloTuence. but that
is not my feeling. 1t is one very pro-
found. feeling OF profound gratitude
that working with the splendid men
who have carried this through with
studious attention and doing justice all
round. should have had part In scrv-
ing the people OF this country as we
have been striving to serve them ever
since / can remember
Dream Of 81 hoy.
al have had the accomplishment Of
something like this at heart ever since
was a boy, and know men standing
who have been waiting to see the
things done which II was necessary TO
do in order that there might be justice
in the United States, and so il is a sol
cmn moment that brings such ~ bust
ness to Il conclusion. and / hope | Will
rot be thought TO be demanding too
Iiucn OF HiSScii VI III! Coiie't6 ucS' " h.i
say that this. great as it is. is the
of only half the jour
ney.
1--WE have set the business OF this
country free from those conditions
which have made monopoly not only
possible. but III a sense easy ana nat
ural. But there is no use taking away
the conditions of monopoly II we do
not take away also the power TO create
monopoly and that is Il financial rather
than II merely circumstantlal and eco
nomical power. The power to control
and guide and direct the credits OF the
country Isl the power to say who shall
and who shall not build up the indus
tries of tho country. in which direction
they shall be built and in which direc-
ton they shall not be built
The second Step.
eve are now about to take the sec
ond step. which will! be the final step
I'm setting the business of this country
free That is what we shall do In
the currency bill. which the House has
already passed. and which have tho
utmost confidence the Senate VIII pass
much sooner than some pessimistic in
dividuals believe.
"Recause the question. now that this
piece OF work is done. Will arise all
ever the country: for what do we
wait? Why should we walt to crown
ourselves with consummate honor? Are
we 40 self-denylng that we do not
wish to complete our success?
Il was quoting the other day to
somc OF my colleagues in the Senate
those lines from Shakespearc's Henry
" which have always appealed To me:
II II be ain to covet honor then I
am tho most offending soul alive; and
! am happy to say that do not covet
it for myself alone. I covat it with
Continued on Second Pagc.)