East Oregonian : E.O. (Pendleton, OR) 1888-current, 1914-05-23

~hS NtAhEeNAAs NhN EAANS NoS
over ss per cent higher than the 1918
price. The Cunningham company
sold their fine wool at an advance of
over e5 per cent on last years prices
These cases show the good prices are
due TO a stronger demand rather than
10 a low supply.
The price of wool is firm because
there is business confidence through
cut the country and merchants and
manufacturers are preparing for bus
mess. The most potent contributing
factor TO this situation is the new cur
rency law. Under that new law bank
reserves can be mobolized and made
ready for use in different sections
when needed. The plan strengthens
our banking system thousand fold
1t removes all fear of money panics
such as we had in 1907 and business
being free from that old paralyzing
fear is able TO flow along natural
channels.
Whether they know it or not and
regardless of whether they will admit
the fact the sheepmen owe much of
their present good fortune to accom-
plishments of the Wilson administra-
ton. The new administration has
taken from them their old time tar
iff privilege and has given them
something that is much better-to-
wit: a sound business condition thar
causes a good healthy demand for
wool with consequent high prices.
The administration has taken away
the sheepmen's so-called lifeboat
which was not needed in fair weather
and had been proven useless in time
! of storm and has provided a situ-
alton under which the woolmen may
conduct business with success with.
out the aid of any special protection.
! Without any desire or attempt at ia
voritism the present administration
has done more for the sheepmen than
past administrations did when they
boldly sailed under the flag of priv
ilege. 1t is a splendid illustration of
the fact that those who give you just
and fair treatment give you all you
can expect and that those who claim
to give you something more than what
is fair will bear watching.
A reactionary paper of Portland
tries to deride President Wilson for
his Blythe interview in
Practical. which he expressed his
feelings for those Mexicans
comprising the submerged IS per
cent of the people of that republic
who are struggling toward liberty
In other words the president is de-
nounced because he upholds justice
for those who are lowly and unfortu-
nate. He is derided for showing his
preference for right against wrong
He is ridiculed because he favors hu-
manity in preference to money bags.
What a spectacle when the noble and
manly sentiments expressed by the
president bring forth the retort that
he is not practical. The man who
stands for justice and truth is always
practical. President Wilson's Mexi-
can policy has been practical and it is
working out in splendid shape regard.
less of the tory journals that sneer a
his high motives while they lick the
boots of predatory wealth. If the ad
ministration's Mexican policy was no
a practical working policy those hav
ing illgotten privileges in Mexico
> would not be objecting so loudly anC
their supporters among the American
press would not be maligning tn,
president so persistently.
>>>e>~>~
That the tourist travel of the futur
will be by auto rather than by trail
is the view of l.
: II is Coming. Boak. head of tn
Woodmen of tn
y World who is a strong good road
booster. There is much to justify tina
view. Travel by auto means trave
in the open air. 1t means more free
dom, more health and more comfor
% when roads are good and hotel facili
- ties are what they should be. 1t
within reason to suppose that befor
many years go by travel by auto wi
be vastly increased and the pleasur
will be shared by all. 1t is one Of tn
many reasons why the good roads po
icy is sound.
. II Bryan suggested that mediatio
10 affair he showed good headwork.
u saves us much bloodshed and expens
y and gives the rebels time to finis
their job
in Mellen did the dirty work for Mo
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