Belington progressive. [volume] (Belington, W. Va.) 1912-1927, 1914-10-22
aoPTIMIsM AND OPPORTUNITY

Il
in the country recently issued a
business statement dealing with leg
islation, industrial and war condi-
tions which every voter should read
and carefully ponder. The Studebak
er Company, of course, is not politi-
cal organization, but in politics its
management individually is Republi-
can, yet its unqualified endorsement
of the President and the Democrat
ic Congress is the view of the bust
ness man and the thousands of the
workingmen which it employs. The
statement is headed Optimism and
Opportunity" and reads as follows:
| "As we stated in our advertisement
Of August 16, 1t is very good these
days to be an American.
During this month cur country
has encountered a trying experience
in which our finances, Our foreign
trade, and even our domestic busi-
ness have been disturbed by the SUD
den and tremendous wars in our IN
cestral countries.
"Yet we are coming one Of it wen.
"The President, with his Cabinet
and the Congress and the coopcra
tion of bakers and business men cal
led to Washington for the purpose,
have promptly and nobly met the
emergency by sensible rulings and
I wise laws. which will largely free
our industries and commerce from
restraint
"They have arranged for the issu-
ance of emergency currency, through
amendment Of the Aldrich- Vreeland
Law, under which national banks can
obtain all the currency needed for
legitimate business.
''They have organized the Federal
Reserve Board which will insure the
opening of the twelve new Federal
reserve banks inside of fifty days,
thus giving ample banking facilities
for business to every section of our
country
"They have amended the ship-reg-
istry laws so that American capital
will buy foreign ships, which togeth-
er with the large number of ships al
ready owned by Americans will fly
the flag of the United States land
furnish ample carrying capacity for
our foreign trade.
"They have opened the Panama
Canal, and thus provided shorter
routes for our commerce with South
America, Australia and the Far East.
"They have under consideration
plan for financing the surplus cotton
crop, so that our Southern planters
will be enabled to hold their cotton
until normal markets are restored.
'The Studebaker Corporation, with
it's sixty-tw years of business expe-
rience, it's thousands of employees,
and its millions of capital invested,
appreciates the patriotic work that
has been done and the opportunity
thereby afforded.
Speaking from our experience and
immediate forecast of possibilities,
we feel cheerful and optomistic over
the outlook for profitable business
and steady employment of labor with
increasing developments of foreign
trade in neutral countries.
America today is the clearing
house of the world
"The great nations Of the earth are
depending upon the integrity of her
friendship, the safety and saneness of
her diplomacy, the extensiveness of
her trade, and the soundness of her
finance.
ut is time for Americans to show
their optimism, their patriotism, and
their aggressive earnestness.
"The foundations of our national
prosperity have been laid too deep
and strong to be seriously disturbed
even by so great a catastrophe as the
war of all Europe.
eve regret deeply and sincerely
that the war must be, yet we are in
nowise to blame and are happily far
removed from the theatre of acti-
vities.
Friendship we feel for all, and to-
Ward all we must remain in both
thought and action entirely neutral.
NOur duty to orselves and our NOR
al obligation to the rest of the world
compel US Americans to be up and
doing, to maintain cheerful and
hopeful spirit, to operate our indus
tries and enterprises, to pay our bills
asiusual, and to conduct our affairs
Generally on conservative but enthu.
siastic lines"
| A TRIUMPH Of PEACE