The Breckenridge news. (Cloverport, Ky.) 1876-1955, 1914-10-28

In December, and that is a Rural Credit
System. whereby the farmer can Dor
row money on his land at 5 per cent.
md fer 2 ,riod Of tire running from
five to thirly.fye years. The amortr
cation scientifically worked out to
meet the needs of the borrowers
Farm Marketing.
This administration has established
Bureau of Marketing and placed the
study of distribution, of buying and
selling in the hands of experts, so that
the farm products may be standard
ICED and prepared, transported and dis.
tributed to the consumer at the lowest
possible cost and waste, thus substi-
tuting up-to-date business.like methods
for the slip-shod, wasteful plan so long
pursued as heretofore.
Parcel Post.
The Parcel Post System has been
extended so as to directly aid the
far farmer in shipping his produce to
the city consumer, thus extending and
HtW htts anu Hudhius III
rect connections between producer and
consumer, and not only increasing the
farmers profits, but also decreasing
the cost of living.
What Has Been Done for Labor by the
Democratic Administration.
In July, 1913, the President procured
the enactment of the Industrial En-
ployes' Arbitration Act. The possibil
Democratic legislation are incalcula
Bile. 1t will soften and molify the as.
perities heretofore existing between
Capital and Labor, employer and EN-.
ploye. Each interest is assured of a
tree and fair hearing of its grievances,
and their disputes are submitted to
and considered by wise and sympa.
thetc arbitrators eagerly anxious to
adjust all differences in a spirit of jus
tice, federation, and fair play Already
numerous, far-reaching issues between
Capital and Labor have been settled,
notably the adjustment of the pending
strike between the railways and their
employees in the Middle West, which. If
not amicably arranged, would have
meant civil war, thereby abundantly
demonstrating the efficiency and Wis
dom of this measure. Many other in.
dustrial disputes which would have
quickly assumed the proportions of
industrial wars between employer and
employe have been satisfactorily set
tied. and millions saved to the con-
tending parties, and all of the incon-
veniences to the general public Incl.
dent to such conditions averted.
The Eight Hour Bill.
The Eight Hour Bill extends the op-
erations of TIE eight hour law both to
work done for and by the government.
thus putting the stamp of Federal ap-
prevail upon a working day OF eight
hours length.
The Clayton Bill.
The Clayton Bill treats, among other
things, the relation of labor organiza-
tons to the antitrust laws, and cor
recting the same so that labor can no
longer be considered a commodity c..
property, and the regulation of the is
suance of injunctions, and guarantee
ing of the right OF trial by jury for al
legged contempts committed out of the
presence of the court.
The Department of Labor Bill.
This Democratic administration of.
ficially further recognized the dignity
and importance of labor by creating
the Department of Labor, with a Sec
rotary who is a member of the Presi-
dents Cabinet, thus Identifying labor
and furnishing an opportunity of pro
lection and advancement by having a
representative in close touch with the
President.
In addition to these few prominent
measures, which ! have mentioned,
there are numerous others which this
administration has enacted into law
having for their purpose the protec,
ton oil labor, demonstrating conclu-
sively that the Democratic party is
the friend of labor and that its plat
form declarations on this subject were
not mere vote catchers,' but sincere
convictions promptly adopted, as soon
as it came into power, and the aid and
relief so long denied by the Republic
an party cheerfully accorded TO the
great masses of laboring people.
The Federal Reserve Act.
The law known as the Federal Re-
serve Banking Act stands out as pos
sibly of more vital importance to the
country than even the passage OF the
downward revised tariff bill Certain
ly nothing showed the prophetic vi
sion, the answering and unconquer
able courage of our great President
mere than the passage of this truly
marvellous piece OF legislation. 1t is
perhaps best that the country should
never know the almost insuperable
difficulties placed in the way of this
bill, from many apparently unrelated
sources We will now, at last, have
an elastic currency, instead of having
the wealth of the nation congested in