Montgomery County sentinel. [volume] (Rockville, Md.) 1855-1974, 1914-01-02
New Era OF Prosperity Dawns.

At the signing of the Currency bill Presi-
dent Wilson made the following remarks:
1T is a matter of real qualification to
me that in the case of this bill there should
have been so considerable a number of
Republican votes cast for it. All great
measures under our system of government
are OF necessity party measures, for the
party of the majority is responsible for
their orieination and their passage; but
this cannot be called partisan measure.
1t has been relieved of all intimation of
that sort by the cordial cooperation of
men on the other side of the two Houses
who have acted with us and have given
very substantial reasons and very intelli-
gent reasons for acting with us. So that
l think we can 90 home with the feeling
that we are in better spirits for public
service than we were even when we con-
vened in April.
las for the bill itself, feel that we can
say that it is the first of series of con-
structive measures by which the Demo-
cratic party will show that it knows how
to serve the country. In calling it the first
OF series of constructive measures, need
not say that am not casting any rehec-
tons on the great tariff bill which pre-
coded it. The tariff bill was meant to re-
move those impediments to American
industry and prosperity which had so long
stood in their way. 1t was a great piece
of preparation for the achievement of
American commerce and American indus
try. which are certainly to follow. Then
there came upon the heel of it this bill
which furnishes the machinery for free
and elastic and uncontrolled credits, put
at the disposal of the merchants and
manufacturers of this country for the first
time in fifty years. II was refreshing my
memory on the passage of the national
bank act, which came in two pieces, as
you know, in February of 1868 and in
June of 1854; it is just fifty years ago
since that measure suitable for that time
was passed, and it has taken us more
than generation and half to come to
an understanding as to the establishments
which were necessary for our own time.
But we have reached those establishments
]. myself, have always felt when the Demo-
cratic party was criticised as not knowing
how to serve the business interests of the
country that there was no use of replying
to that in words. The only satisfactory
reply was in action. We have written the
first chapter of that reply.
I'VE are greatly favored by the circum-
stances Of our time. We come at the end of
day of contest. at the end of day when
we have been scrutinizing the processes of
kour business, scrutinizing them with crit
ical, and sometimes with hostile. eye. We
have slowly been coming to this time
which has now, happlv arrived when
there is common recogni On of the things
/. that it is undesirable shoild be done in
business and things that it is desir-
able should be done. What we are pro-
Feeding to do now is to organize our peace,
is to make our prosperity not only stable,
but free to have an unimpeded momentum.
1t is so obvious that it ought not to be
stated that nothing can-be good for the
country which is not good for all Of The
country. Nothing can q for the int EST
of the country which is not in the int est
of everybody; therefore, the day of A.
commodation and of congestion an9
common understanding is I, e day of pc &c
and achievement of necessity We h e
come to the beginning of the day. Men
are no longer resisting the conclusi
which the nation has arrived at as to ua
necessity Of readjustments of its businE IS.
Business men of all sorts are showing their
willingness to come into this arrangement
which | venture to characterize as the
constitution of peace. So that by COM
mon counsel and by the accommodating force
of cooperation we are going to seek more
and more to serve the country.
II have been surprised at the sudden
acceptance of this measure by public
opinion everywhere. say surprised be-
cause it seems as if it had suddenly be-
come obvious to men who had looked at
it with too critical an eye that it was really
meant in their interest. They have opened
their eyes to see thing which they had
supposed to be hostile to be friendly and
serviceable-ex exactly what we intended it
to be and what we shall intend all our
legislation to be. The men who have
fought for this measure have fought no.
body. They have simply fought for those
accommodations which are going to secure
us in prosperity and in peace. Nobody
can be the friend of any class in America
in the sense Of being the enemy Of any
other class. You can only be the friend
Of one class by showing it the lines by
which it can accommodate itself to the
other class. The lines Of help are always
the lines Of accommodation.
1T is in this spirit. therefore, that we
rejoice together tonight, and cannot say
with what deep emotions of gratitude
feel that have had part in completing
a work which think will be of lasting
benefit to the business of the country"
Post Roads His Aim.