Aberdeen herald. [volume] (Aberdeen, Chehalis County, W.T.) 1886-1917, 1914-10-23
"optimism and Opportunity"

more than sixty years one of the
leading independent manufacturing
concerns in the United States and
known to practically every farmer in
the country, recently issued bust
ness statement dealing with legisla-
ton, industrial and war conditions
which every voter should read and
carefully ponder. The Studebaker
Company, of course, is not politi-
cal organization, but in politics it's
management individually is Republi-
can, yet it's unqualified endorsement
of the President and the Democratic
Congress is the view of the business
man and the thousands of working
men which it employs. The state
ment is headed Optimism and Op-
portunity" and reads as follows:
"As we said in our advertisement
Of August 16, 1T is very good these
days to be an American
During this month our country has
encountered a trying experience in
which our finances, our foreign trade
and even our domestic business have
been disturbed by the sudden and
tremendous wars in our ancestral
countries.
"Yet we are coming out of it we'll.
"The President with his Cabinet
and the Congress and the cooperation
Of bankers and business men called
to Washington for the purpose, have
promptly and nobly met the emer-
gency by sensible rulings and wise
laws, which will largely free our in
dustries and commerce from restraint.
"They have arranged for the issu.
ance of emergency currency, through
amendment of the ,Aldrich-Vreeland
law, under which national banks can
obtain all the currency needed for
legitimate business.
"They have organized the Federal
Reserve Board which will insure the
opening of the twelve new Federal
reserve banks inside of fifty days,
thus giving ample banking facilities
for business to every section of our
country.
"They have amended the ship-reg-
istry laws SO that American capital
will buy foreign ships, which togeth-
er with the large number of ships
already owned by Americans will fly
the flag of the United States and fur
nish ample carrying capacity for our
foreign trade.
"They have opened the Panama
Canal and thus provided shorter
routes for our commerce with South
1.-THE Studebaker Corporation, with
it's siXty-two years of business eXper
fence, it's thousands of employees,
and its millions of capital invested,
appreciates the patriotic work that
has been done and the opportunities
thereby afforded
Speaking from our experience and
immediate forecast of possibilities, we
feel cheerful and optimistic over the
outlook for profitable business and
steady employment of labor with in
creasing developments of foreign
trade in neutral countries.
America is today the clearing
house Of the world.
"The great nations of the earth are
depending upon the integrity of her
friendship, the safety and saneness
of her diplomacy, the extensiveness
of her trade, and the soundness of
her finance.
at is a time for Americans to show
their optimism, their patriotism, and
their aggressive earnestness.
"The foundations of our national
prosperity have been laid too deep
and too strong to be seriously dis
turbed even by so great catastro-
phe as the war Of all Europe.
I'VE regret deeply and sincerely
that the war must be, yet we are in
nowise to blame and are happily far