Yorkville enquirer. [volume] (Yorkville, S.C.) 1855-2006, 1914-10-23

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during the present congress was de-
clared by the president to have been
set business free" He said that the
people of the country had been served
by this congress as they have never
been served before"
Outlining the work already accom-
plished, Mr.. Wilson mentioned the
reform of the tariff. the passage of
the new currency bill, the antitrust
bills, and the handling Of foreign
problems. He said he doubted If
there has ever been a finer exhibit
tion of teamwork or of unhesitating
devotion to the fulfllment of party
| pledges"
| Praising the new tariff bill, the
president asserted that private con-
troll had shown its sinister face on ev-
cry hand in America, had shown it for
a long time. and sometimes very
brazenly, in the trusts. and in the
virtual domination of credit by small
groups of men," He said that high
prices did not spring directly from the
tariff, but out of the suppression of
competition which f1ourished more
easily under the protection Of high
tariff. He declared that the panic
which opponents Of the new bill pre-
dicted, had not come, and that de-
spite the European war, there had
been sufficient time to prove the sue
cess Of the act
The trade commission bill and the
Clayton antitrust bill were spoken Of
as designed Ito make men In small
way of business as free to succeed
as men in a big way, and to kill
monopoly in the seed" He added that
"monopolies are built up by unfair
methods of competition" which would
be eliminated by the new legislation.
Monopoly is to be cut off at the
roots" he declared.
IF our party were to be called up
on to name the particular point of
principle in which it differs from its
opponents most sharply and in which
it feels itself most definitely sustained
by the experience" continued the
president, I'VE should no doubt say
that it was this: That we would have
no dealings with monopoly but reject
it altogether; while our opponents
were ready to adopt it into the realm
Of law. and seek merely to regulate it
and moderate it in it's operation. 1t
is our purpose to destroy monopoly
and maintain competition as the only
effectual instrument Of business lib
erty"
Justice has been done the laborer,
Is no longer to be treated as if it
| were merely an intimate object of
commerce disconnected from the for
tunes and happiness of living human
being, to be dealt with as an object of
sale or barter"
OF the currency bill, Mr.. Wilson
said 1--WE have created a democracy
of credit such as has never existed
in this country before" He declared
that credit is now at the disposal of
every man who can show energy and
assets" and because control of the
system rested with the government,
ut is self-government as well as de-
mOcracy."
1t was impossible to complete rural
credit legislation, the letter added,
but the Federal reserve act itself
facilitates and enlarges agricultural
credit to an extraordinary degree
| Speaking of the programme for the
next session of congress. the presi-
dent mentioned legislation for build
ing up the American merchant marine
and the completion of a great pro-
gramme for the conservation of our
natural resources and the develop
ment of the water power of the coun-
try"
| without a congress in close SYM
pathy with the administration" said
the president. "a whole scheme of
peace and honor and dsinterested
service to the world cannot be brought
| to its full realization"