The Calumet news. [volume] (Calumet, Mich.) 1907-1938, 1913-06-23
WILSON READS
HIS MESSAGE
Urges Congress to Revise at
Once the Currency System
Continued From First PAGE.

gallery doors damned with those IN.
able 10 gain entrance.
The president gave no direct en-
dorsement To the Glass currency bill.
which rs to form the basis of the Dem.
ocratic revision OF the banking laws.
But he had discussed the Glass cur.
rcncy bin with Washington CORES
pondents today at the regular semi
weekly conferenc, and made it plain
he intends 10 stand A. firmly behind it
a6 h" does behind Ia" tariff bill.
The Presidents Address.
President Wilson spoke to Congress
as follows:
Mr.. Speaker Mr. President. Gentle
men of the Congress:
IT Is under the compulsion of what
feoms To me clear and IMPERATIVE
dutN that ! have second time this
session sought the privilege of ad-
dressing YOU in person know. of
course, that the heated season of the
year is upon us that work i'm these
chambers aud in the committee rooms
.s likely To become a burden as the
season lengthcns, ana that every con-
Hlderdtiun of personal CunVCn ience
and personal comfort. perhaps. i'm the
''ScS ol some of us. considerations
Of personal health even. dictate an
carly conclusion of the deliberations
Of the session but there are occas-
ions oi public duty when these things
which touch us privately seem very
ANAL. when the work To Ice done Is
80 pressing and 50 fraught with big
consequence that We know thar we
ole not at liberty To weigh against
4 any point of personal sacrifice. We
al" now i'm the presence of such an
occasion. IT is absolutely imperative
hat we should give the business men
."f this country a banking and currcn-
" system 10y means of which they
an make use Of the freedom of en-
j"rprse and of individual initiative
which We are about to bestoW upon
'hcm.
Aid for New Enterprises.
We are about to set them free; we
must not leave them without the tools
II action when they are free. We
are about to set them free by remov-
ng the trtmmels of the protective
lariif Ever since the civil war they
have waited for this emancipation and
Tor the free opportunities it Will bring
with It, 1t has been reserved for us
10 give il to them. Some fell i'm love,
indeed, with the slothful security of
their dependence upon the govern
mcnt, some took advantage of the
shelter of the nursery To set up "A
mimic mastery Of their own within
It's walls. Now both the tonic aud the
discipline of liberty and maturity are
tu "naue. There viii be some read
ustments &c purpose and point of
view There will follow a period of
expansion and new enterprise, fresh
Il conceived. 1t is for us to deter
mine now whether il shall he rapid
and facile and of easy accomplish
mcnt This IL can not be unless the
resouroetul business men who are to
TO have at hand and ready for use
the instrumontaltes and convenience
cs of free enterprise which indcpcnd-
rut men need when acting on their
own initiative
Credit Now Monopoly
II is not enough To strike the shack
los from business The duty of
gtatosmanshp is not negative merely.
II is constructive also. We must show
that we understand what business
needs and that We know how To sup
pIy il. No man. however casual and
slrperdciaI his observation of the con-
1itions now prevailing i'm the country,
can fan to see that one of the chief
things business needs now. and will
need increasingly as il gains in scope
and yigor IN tho years immediately
ahead of us. Is the proper means 10y
which to yitalige its credit, corporate
and Individual. aud it's uliginative
-. Nlh,, ,,.itI a nr,Ht 10 Ia hp