Tulsa daily world. [volume] (Tulsa, Indian Territory [Okla.]) 1905-1919, 1913-06-24

public, not private, must be vested in
the government Itself, so that the
banks may be the instruments, not
the masters. Of business and Of indi-
yidual enterprise and initiative.
The committees OF the congress TO
which legislation Of this character is
referred have devoted careful and
dispassionate study to the means OF
accomplishing these objects. They
have honored me by consulting me.
They are ready to suggest action. !
have come to you as the head Of the
government and the responsible lead
cr Of the party in power to urge ac-
tion now, while there Is time to serve
the country deliberately and as we
should, in a clear air of common
counsel. ! appeal to You with a deep
conviction Of duty believe that
YOU share this conviction. ! there
fore appeal to You in confidence. !
am at your service without reserve
to play my part in any way you may
cali upon me TO play it in this great
enterprise Of eNgent reform which
it will dignity and distinguish us to
perform and discredit us to neglect
The minority attitude toward the
Presidents currency plan was re-
fltcted in statement made by Rep
rescntatiye Mann Of Illinois as leader
Of the republicans of the house.
THE presidents message is a fine
example Of classy English but there
is nothing more to it unless 1t be con-
sidered as a threat that patronage
will be Withheld until banking and
currency bill is passed ] wish to co.
operate with those in favor Of passing
reasonable banking and currency
bill. but the President evidently in
tends to treat thes uhject as one pure
ly partisan, and he did not take the
trouble even to discuss or analyze the
principle involved in banking and
currency legislation. lie erred in
saving that the committees of con-
Eross had consulted with him and
prepared a bill The committee Of
house has had no bill before it and
had no meetings to consider a bill
outside Of dealing out a little bunk
about new freedom, there was moth
ing to the message, That was sopho-
morical.
"The real need of currency bill is
not because Of new business which
win come with the new tariff law,
but with a threat Of disaster impend-
ing over the country by reason of
tariff legislation and democratic
ircompctcucy SO far as we have yet
been able to learn the bin will be in
the main practically stolen from the
Aldrich monetary commission with
fcw radical provisions taken from the
Bryan platform mixed. II will be a
tumble of discordant ideas.
The President came before con-
gress Ike school master before
fourth grade school children and told
the members to be good. but he
didn't dare TO analyse what goodness
i'm this case consisted Of. While con-
EIess has had help from the Presi-
dents message on banking and cur
tcnCy matterS and has received no en-
lightenment or suggestion If ideas
from the President, still donot wish
to Judge in advance the proposed bill
because Of lack OF intelligent presen-
tation by the President. 1t is evident
that message is to be considered a
democratic partisan bill. but even so
II It will advance the interest of the
courtny, the republicans will support
it: but If it threatens to go still fur
ther than the tariff bill in breaking
down the prosperity OF the last few
years, then We cannot support it. but
Will try to amend 1t. The one thing
that we will not stand for is partisan
political control of the banks Of is
suance of currency. The Bryan ad-
ministration, through its Chinese
ana South American policy, is doing
everything 1t can to prevent American
business going abroad and If the same
sort of administration had controlled
banking and currency in this country.
II would be absolutely ruinous TO
every business interest and would
make chaos, | shall oppose strongly.
srch ideas"