The daily banner. (Cambridge, Md.) 1897-2008, 1914-10-31
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as obviously one of the most fair
ways to raise necessary revenues The
Democrats are responsible for the
income tax, and proud of it.
Will you send a Republican to
Congress to repeal the income tax?
Then the so much harder must the
burden of taxation fall on the peo-
pie of moderate means.
l know the Eastern Shore. l res
pect the intelligence of our people,
and hence, l have abiding faith that
you will not turn your face to the
darkness of the old Republican way
by voting for Republican candidate
but you will face the ight-press
on in the new path blazed for the
American people by Woodrow Will
son, and send to Congress man who
will loyalty support him, Mr.. Price.
Most likely the Republican candi-
date, if in Congress, would vote to
repeal the Federal Reserve Act.
Many of his party voted against its
passage. The Democrats fought to
pass it.
For years and years rotten fl
nancial system existe" in the United
States. Cur currency laws were
easily the worst A few men in New
York and the great financial centres
virtually controlled the credits and
business of the country. Tight mo-
ney with high rates of interest,
squeezes and panics. followed at
their will. All wiped out now by the
Federal Reserve Act.
The Government controls for the
public good where formerly knot
of bankers controlled for private
gain. Why return to the old sys-
TEN? Does anybody, except the
men who profted by it at the ex-
pense Of others misfortunes and loss.
want it? Q-lite the contrary. Many
Republicans even, who are men of
business knowledge and training,tell
me that if they have the chance
again, they will vote for Wilson just
from sheer gratitude for that one
law, If for no other reason.
The eighteen months of Demo-
cratic power have produced more of
real benefit to the people, of real
achievement than any similar period
in the history of cur Land. We had
Il good old fashioned house cleaning
when we got in control of the Capt.
tol and the White House, and the
country is much the better for it.
am proud Of the record of my
party. This administration is so
thoroughly efficient. The people are
with us. They are grateful for
what mas been Done.
Everybody realizes that with the
Outbreak of the awful commotion
and war in Europe that troubles be-
set the United States. Millions of
dollars worth of American bonds
and stocks were shipped back here
from Europe and dumped on our
market Americans were in trouble
abroad. Shipping was tied up, ca
bIes cut, the mail censored and I'M
certain to European points.
There was no movement for our
surplus crops for export. The rail-
roads put an embargo on grain, to-
hacco aud cotton. General disrup-
ton faced our BUSINESS men, with
Rim in sight.
The Democrats in Congress, under
the leadership of Woodrow Wilson,
quickly PASSED emergency measures;
ME. all the larger difficulties and
with the Federal Reserve Act, passed
some time before, saved the situa-
ton. AS a consequence, little real
difficulty has followed in business
circles. Our wheat and other pro-
ducts are going abroad at high
prices, and we are confident of fu-
ture business security and success.
in that connection I hope I can
be INDUCED if I express sense of
pride that l was fortunately able to
an extent to push through with sue
cess a plan / conceived for the move
ment and relief of the wheat growers
aud tobacco growers through the ac-
tive aid of Secretary McAdoo. of the
Treasury Department. This work
was generally recognized and often