Manchester Democrat. [volume] (Manchester, Iowa) 1875-1930, 1913-12-31
PRESIDENT WILSON'S COMMENTS
ON 1.-THE NEW SCURRENcY5

PRESIDENT WILSON'S COMMENTS
ON THE NEW CURRENCY
| BILL ;.}
Other News Items From the Ma
tional Capital.
BY J.. X. Doughterty our special cor
respond
Washington, Dec. q. Patriotism
finally rose above partisanship in the
final Legislative stages of the cur
rency bill and forty-nine Republican
and Progressive Congressman Joined
| the Democrats in passing the meas
ure which President Wilson charact-
erized as the first of series Of
constructive measures by which the
Democratic party will show that it
knows how to serve the country.
President Wilson said it was a
matter of real qualification to him
that there should have been such a
considerable number of Republican
Votes cast for the bill All great
measures under our system Of gov
eminent are Of necessity party meas
ures, - he said, for the party of
the majority is responsible for their
origination and their passage; but
this cannot be called partisan meas.
| ure. 1t has been relieved from all
intimation of that sort by the cord
| ial cooperation Of men on tbs other
sides Of the two houses who have act
| Ell with US and have given substaK-
tial reasons for acting with us. =. In
declaring it the first of a series Of
constructive measures" the Presi-
dent said:
81 need not say that / am not cast
ing any reflections on the great tar
! If bill which preceded it. The tar
lift bill was meant. to remove those
Iimpediments to American industry
ana prosperity which have so long
stood in their way. It was a great
lpiece Of preparation for the achieve
Iments of American commerce and
American industry which are certain
" to follow. Then there came upon
the heeltof it this bill, which furnish
es the machinery for free and elastic
and UNI controlled credits, put at the
Il disposal Of the merchants and manu-.
Il facturers OF this country for the first
i time in fifty years 1t is just fifty
years since the national bank act,
suitable for that time, was passed
Z and it has taken us more than a
lgenerat ton and a half to come to an
4 understanding Of e the establishments
which were necessary for our own
ltime. But we have reached those re
adjustments. I, myself, have always
4 felt when the Demo cratic party was
criticised as not knowing how tf
Iserve the business interests of the
/ country that there was no use OF
lreplying in words. The only salts.
| factory reply was in actions. We
have written the first chapter OF
i that reply III (. #
/ The Republican press, with rne ex.
ception Of the ultra-standpat papers
! which begin to pray for panics when.
ever a reactionary presidential candi.
4 date meets defeat, express approval
4 Of Democratic legislation enacted in
i the special session. The Washing
ton Times (Republican) whose edit
ors, being on the ground, are enabled
1 to gain comprehensive grasp OF
| the legislative situation, says:
There was a time when the prom
Use that this was the first Of a series
Of constructive measures which his
party proposes to pass for the
country, might have caused fear rat
her than confidence. It is to the
credit Of the administration that it
has changed the public's attitude to-
ward its eonstruc tiYe program. There
is not the concern which was former
ly felt about Democratic capacity to
deal with business. Certain circles,
Of course, still look with misgivings.
on anything that comes from a Demo-
cratic caucus or. is based on a Demo-
cratic platform pledge. 1t is conceded
even by political antagonists. that
that feeling is not SO widely extend
ed OF. firmly held as it once was:
For the business world this of;
right should be cheerful Christ
mas season The tone Of substantially
every business activity is better.
still. here is every. reason for con-.
fident hope that the beginning Of the
new year will see such an upturn
toward large prosperity as will pre-
sently impress every class of the:
people and every ramification of
business activity .s
One Of the first acts of Congress
when it reassembled will be to
hold memorial services for Congress-
man Pepper, whose untimely death
came as personal loss, not only to
the Iowa members, but to the en-
tire body of the house. President
Wilson and Speaker Clark sent tele
graphic expression Of their sincere
sorrow that such a promising career
should be so sadly terminated, and
at the loss of such good friend.
Members Of the Senate and House
gave up Christmas visits to their |
homes and attended his funeral and
took part in the memorial services
held for the late Congressman in
Iou,o roporoc,rop Dappav,cJ ,,pco1f- |
ish labors for others FASTENED his
death. He had not been in good
health for months and his Washing
ton physician had ordered complete
rest, but as the head Of the Iowa
Democratic delegation in Congress
he had been called upon to preform
services for Iowans outside of his
district. The fall congressional cam