Pine Bluff daily graphic. (Pine Bluff, Ark.) 1893-1942, 1914-07-09
President Defends Men Who
Have Tried to Make Big
Business Good.
WILSON CONFERS
WITH CHICAGOANS
Trust Program Discussed with KEEP
reseptatiyes OF Chamber OF COM
merce-CIaytOn Bill Simply I"
Legalize Organizations.

Washington, July SIN an o'l'c'a'
statement today, the president a
nounced his purpose to take up ,ns
a,,dge, in defense of Thomas ID. Jones
Of chicago and Panl M. Warpurs -
New York, two nominees for the leu
eral reserve board now uhder lile
in the senate.
The president stated that he hopeu
Mr. Warburg would reconsider HIS
decision to have his name wlthdrawi'
and that he was urging him TO 90 ~
He expressed confidence that MI
Jones would be confirmed.
The presidents statement detend-
inc in some measure men who nave
heen engaged in big business war
construed by several members OF the
majority party in the senate as an
effort to put the senate IN i az
light before the country. In this con-
nection the president SAID 'hat -
is clear to all thoughtful men tha'
these who have tried TO make nls
business what it ought to he are IN,
men who ought to be encouraged anu
honored whenever they res1enl WIN
cut reserve to the call OF the puoii'
service"
senators luke muiu6Cs
! This statement of the president, IN
stead of winning senators over I.
| the presidents point of view, seem.
! to have accentuated the Opposition
TO Mr.. Warburg. Senator Hitchcock
acting chairman of the banking com
'mittee today stated With < ean4hasl'
that no matter how efficient anyon'
| might think Mr.. Warburg to be I'M
committee was entitled to informatlol
at first hand and he believes IN
nominee should not and Would ~
he confirmed unless he responded u
the request of the committee :.
So far as the banking committee II
| concerned they assume that Mr.. War
burg has eliminated himself.
Not Enemies Of Business.
| at would be practically unfair u
the Democratic party and TO the sen
ate itself to regard it as the enemy o
business, big or little," said tn
presidents statement II am sur
that it does not regard man as al
object of suspicion merely becaus
he has been connected with grea
bushes enterprises. 1t knows tina
the business of the country has beel
chiefly promoted in recent years o.
enterprises organized on grea
scale and that the vast majority
the men connected with what W
have come to call big bushes ar
honest, sincorruptible and patriotic.
81 predict with the greatest conf
dence that nothing done by the Dem
ocratic majority of the senate of tn
United States will be of a sort t.
throw suspicion upon such men. MI
Jones and Mr.. Warburg IN manifest
ing their willingness to make person
al sacrifice and put their great ex
perience and ability at the servic
of the government without thought o
personal advantage in the organiza
ton of a great reform which prints
es to be so serviceable to the natiol
are setting an example of patriotism
and of public spirit which the Who'll
country admiress 1t is the obviou
business of craftsmanship at thi
turning point in our development t.
recognize ability and characte
wherever it has been displayed an
unite every force for the upbuildin'
of legitimate business along the new
lines which are now clearly indicat
ed foN the future"
Hears Rusinoss Side.