The Manning times. [volume] (Manning, Clarendon County, S.C.) 1884-current, 1914-07-15
No FOE OF TRADE
WILSON SAYS IT is UNFAIR TO
CONSIDER DEMOCRACY
THE ENEMY OF BUSINESS
Saws Character and Ability Should be
Recognized Wherever Displayed
and All Business Forces Should be
Linked Together. to Support the
Great Future Which Is Before Us.

Declaring it would be unfair to re-
gard the Democratic party as the
enemy of big or little business, Presi-
dent Wilson Wednesday gave out a
statement in support Of Paul War
burg of New York and Thomas D.
Jones Of Chicago, as nominee for the
federal reserve board.
Mr.. warburg the New York banker
mas reconsidered his request that
President Wilson withdraw his nomi-
nation as a member OF the federal re-
serve board, on the condition that he
will not consent to appear before the
senate banking committee to be Cross
examined.
The President gave out a state
ment strongly defending Mr.. War
burg and Thomas D. Jones Of Chicago
against attacks. saying that men
should not be regarded with suspic-
ion merely because they had been
connected with big business. TINS
statement, friends of the president
said, was intended to serve the dou-
ble purpose Of letting the senate
know he would stand by his nomina-
lions and Of influencing Mr.. War
burg to stay in the race.
Soon after the presidents state
ment was circulated in the senate,
statement was given out by Senator
Hitchcock, acting chair man of the
banking and currency committee de-
tending the committees action in
sumnoning only two Of the nominees
for the reserve board to appear be be
questioned ON the ground that satis-
factory information had been gained
from the other men nominated as
members of the board. A report that
MIR. Warburg had been invited to.
come to the White House before
reaching a final decision was denied
by officials who said the president and
Mr.. Warburg have been in close touch
with each other by means Of the tel
ephone, and that personal call was
unnecessary.
The presidents statement follows:
at would be particularly unfair to
the Democratic party and to the SEN
ate itself to regard it as the enemy OF
business, big or little. am sure that
it does not regard man as an OBJ
iect of suspicion merely because he
has been connected with great husi-
ness enterprises. 1t knows that the
business Of the country has been
chiefly promoted in recent years by
enterprises organized on a great
scale and that the vast majority OF
the men connected with what we have
come to call big business are honest,
incorruptible and patriotic.
The country may be certain that 1t
is clear to members of the senate as it
is clear to all thoughtful men that
those who have tried to make big
business what it ought to be are the
men to be encouraged and honored,
whenever they respond without re-
serve to the call-of public service.
s.I predict with the greatest conf
dence that nothing done by the Dem
ocratic majority Of the senate OF the
United States will be Of a sort to
throw suspicion upon such men. Mr..
Jones and Mr. Warburg, in manifest
ing willingness to make personal sac
rifles and put their great experience
and ability at the service OF the gov
ernment, without thought Of personal
advantage, in the organization of a
great reform which promises to be so
serviceable to the nation, are setting
an example of patriotism and OF pub
lie spirit which the whole country ad-
mires.
.It is the obvious business OF state
manship at this turning point. in our
development to recognize ability and
character wherever it has been dis
played and unite every force for the
upbuilding of legitimate business
along the new lines which are now
clearly indicated for the future"