The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-10-29
OLNEY SAYS WILSON
ISA WORLD ASSET
Praises His Leadership and Says
to Weaken It Would Be
q Calamity.
MAY BE AGENT FOR PEACE

WASHINGTON. Oct. 1s,--Richard Olney
Of Boston, Secretary Of State under Presi-
dent Cleveland. has written this letter in
dorsing the Wilson Administration and
urging support of the President in the
coming elections:
"SrR: have Rad with much interest
your Judicious and judicial review OF the
accomplishments of tho present Demo-
cratic Administration and welcome your
conclusion that the country can fairly
be urged to make the coming elections
an emphatic testimonial of its approba-
ton and confidence
II have been immensely impressed with
what has been done in so short space.
During that period the national Govern
ment has undertaken and brought to con-
clusion much important work--work
largely constructive in Its nature and
bound to permanently influence for good
the fortunes of the country.
"A high protective antiquated tariff,
for example, full of absurdities and
abuses has been subjected TO reasonable
downward revision. has been supplemented
by an income tax which puts on wealth
larger and fairer share of tho bur-
dens of taxation. and signalizes the pass
ing. never to return, of such legislative
crudities and extravagances as the Ding
ley bill and the Payne-Aidrlch bill
THE Federal reserve bill inauguratcs q
new era IN the financial history of the
country. and In the judgment OF bankers,
business men and experts generally will
gradually but surely do away with the
confusion and chaos which have hereto
fore dIsgraced American finance.
Tho trust legislation and the Alaska
railroad bill also embody legislation which
may ftly be described as constructive. IL
~ not claimed that these measures or any
OF them are the last words on the subjects
they relate 10.
III the Democratic party showed great
sagacty IN picking Woodrow Wilson for
the Presidency, II has ehown no less in
trusting Itself to his leadership. 1t was
that trust which brought about the repeal
of the Panama Canal tolls exemption
through the votes OF many Congressman
who honestly doubted the justice and wis
dom OF the repeal.
They now unquestionably plume them
selves upon their action. They now UNI
Questionably realize that. because OF that
repeal and OF the Presidents Mexican
policy and because OF the good faith. sin
certify, disinterestedness and lawabidiny-
ness which mark the Presidents course
In both these cases. the United States to-
day occupies a position of supreme impor-
lance in the world.
1T lis the one great Power not party to
the awful carnage which Is now desolating
Europe and making modern civilization
seem q sham and a reproach. II acts In
foreign relations through its President
and IL the one agency through which end
Ing the war can be urged upon the bel
.igerents with the best chance OF u hear
ing
TO weaken the Presidents prestige at
this crisis, TO make II appear that he and
his Administration are not trusted and
supported by all American people. would
be calamity, At this juncture. and until
discredited by some overt act OF the
American people, the President Of the
United states is not a Democratic asset
merely. nor even an American asset, but
an asset of tho civilized world. 1t Is due
TO ourselves. to the unhappy warning ma
tions and to humanity generally that We
do nothing to impair its value"