The Anderson daily intelligencer. [volume] (Anderson, S.C.) 1914-1915, 1914-06-26
Wilson Is Confident
OF a Revival
CONTINUED from Page ~

W nN~P. ~ 6oSopAhS. AiC odlu tuc Au-
ministratiOn was In power with de-
finite program of corrective 1egisla-
ton. was ready and determined to 20
ahead with that program. During the
pendency OF the tariff and currency
bills, he, said, business shivered, but
the was no serious effects. He as
serted that there was no reason 10
think that th result would be more
serious after tho antitrust bills were
passed.
Some people think that the anti
trust legislation will be postponed"
said the president as he advanced a
step. Well, It will not be postponed,
because we are the real friends of
business and are ready to give bust
ness its new constitution Of freedom.
If we stop now there would be
another long period of agitation with
1T reJiltIng dangers to business. But
We are not going to face that danger,
we are going ahead with our program
now and IL the reports l received are
fcorrec.. It Will not take us very long
to finish our work"
'We know what We are doing" said
the president. I'VE purpose to do It
under the advice of men who under
stand the bueiness Of the country. and
We know that the effect is going to
be exactly what the effect Of the cur
rency reform was, q sense of relief
and security"
The president spoke to n group of
Virginia editors ut the White House,
but his assurances were intended for
the country. There was every indica-
tion that the speech was meant to
be one OF the most important of the
administration.
Didn't Mention Failure,
News of the failure of II. d. Ciaflin
Company. in New York, had reached
the White House earlier in the day.
but the president did not mention it.
Il think it appropriate. in receiving
YOU" the president said. ito say just
word or two in assistance of your
Judgment about the existing condit-
ions. You arc largely responsible for
the state of public opinion. You fur
n1Eh the public with information, and
IN your editorials you furnish it with
the Interpretation of that informa-
tion. We are in the presence of a
business situation which is yariously
Interpreted. Here in Washington.
through instrumcntalities that are
at our disposal and through n CORES
pondence which comes in to us from
all parts of the nation we perhaps in
position to fudge Of the actual con-
dftiOn of business better than those
can Judge who are nj any other single
point OF the country; and / want to
say to you, that az a matter of fact.
the signs OF very strong business re-
yival are becoming more and more
evident from day to day.
II want to suggest this to YOU,
Business has been in feverish con-
dition in this country for more than
ten years; Will not stop to point out
the time at which 1t began to be ap-
prehenslve, but during more than ten
years business has been the object OF
Fsharp criticism in the United States
criticism growing in volume and in
particularly and as a natural con-
sequence, business has grown more
and n,c;-e ANXIOUS.
Rs:staess In Fear
business men have acted as some
men do who fear they will have to
undergo an operation, md who are not
sure that when they get on the table
the operation will not be . capital op-
Grafton. AS 4 matter OF fact, as the
diagnosis has pronounced, IL has be-
come more and moro evident that no
capital operation was necessary; that
at the most, minor operation was
necessary to remove admitted distemp-
ers and owls.
The treatment is to be- constitu-
tional, rather than surgical, affecting
habits of life and action, which have
been liutful. For all hands it is ad-
.m1tted. that there are processes OF
business In this country which ought
TO be corrected: but the correction has
been postponed and In proportion
TO the postponment the fever has In
creasedvthe fever OF apprehension.
There lis nothing more fatal to
business ti,ah to be kept guessing
from month to month and from year
to year whether something serious is
going to happen to 1t or not and what
~ particular is going to happen to It
~ anything does. 1t is impossible to
forecast the prospects OF any Iine of
business unless you know what the
year s.going to bring forth Nothing
is. more unfair, nothing has been de-
clared by business men to be more
harmful. than to keep them guessing. 4
The guessing went on. the air was
full OF Interrogation points for ten
years and more. Then came nm ad-
,ministratien which for the flrst time
had definite program Of construc-
i've correction;t not OF destructive
correction, but of a constructive cor
rection of an admitted ey1l-a clear
program, disclosed 30 far as possible
IN general lprogratn. in It's par
tfculars as we'll aslin ifts general fea-
tures. And the administration pro-
ceeded to carry out this program.
First. there was tariff, ana bus
mess shfvered. we don't like 3to 20
On in: thin watef sl6tiks c0fd;;, f,t1t. wien
the tariff had bSsh passed If was
found that the read jtihf hfhefit was pos-
Bible! without my seri6tis disturbance
whatever. So that; ff1ehf said with 4,