Wood County reporter. [volume] (Grand Rapids [i.e. Wisconsin Rapids], Wis.) 1857-1923, 1914-07-02
WILSON PREDICTS
BUSINESS BOOM
DECLARES GREATEST REVIVAL IN
HISTORY OF COUNTRY WILL
SOON BE WITNESSED.
LONGER AGITATION FATAL
Completion of Administration Program
by Passage of Antitrust Bills, He
Asserts, viii Bring Security
and Prosperity.

Washington, June 26.-When con-
gress completes the administration
program by passing the antitrust bills
the United States is to have a business
boom such as never before has been
experienced in its history. So Presi-
dent Wilson asserted most emphaticaI-
~ after he had received numerous tel
egrams from New York, asking him if
the Claf1in failure was psychological"
Though the president spoke to a
group of Virginia editors in the White
House, he really was addressing the
entire country, and was making his
final reply to the opponents of trust
legislation at this session of congress
and to prophets of evil times.
We know what we are doing" Mr..
Wilson said. I'VE purpose to do it
under the advice-for we have been
fortunate enough to obtain the advice
of men who understand the business
Of the country; and we know that the
effect is going to be exactly what the
effect of the currency reform was,
sense of relief and security.
Boom to Follow Program.
Because, when the program is fin,
points are rubbed off the slate; bust
ness is given its constitution of free
dom and is hidden to go forward under
that constitution. And just so soon as
It gets that leave and freedom there
will be boom of business in this
country such as we have never wit.
tessed in the United States.
Il, as a friend of business and a
servant of the country, would not dare
stop in this program and bring on an
other long period of agitation. Agita
lion longer continued would be fatal
to the business of this country, and il
this program is delayed there will come
agitation, with every letter in the word
4 capital letter. The choice is sober
p | sensible program now completed
Or months upon months of additional
conjecture and danger.
Fever Lasted Long Time.
Il want to suggest this to you: Bust
ness has been in a feverish and ap-
prehensive condition in this country
for more than ten years.
Business men have acted as some
men do who fear they will have to
undergo an operation, and who are not
the operation will not be capital op-
Grafton. AS a matter of fact, as the
diagnosis has progressed 1t has be-
me more and more evident that no
itaI operation was necessary; that
he most a minor operation was
per sand evils.
There is nothing more fatal to
business than to be kept guessing
from month to month and from year
to year whether something serious
is going to happen to it or not, and
what in particular is going to happen
to it If anything does.
1.-THE guessing went on, the air was
full of Interrogation points for ten
| years and more. Then came an adj
ministration which for the first time
had a definite program of constructive
| correction; not of destructive correc-
| ton, but of a constructive correction
| of admitted evil-a clear program, dis
| closed so far as possible in a general
program, in it's particulars as well
as in its general features. And the
administration proceeded to carry out
this program.
First, thers was the tariff and bust
ness shivered. We don't like to go
in; the water looks cold;' but when
! the tariff had been passed it was found
that the readjustment was possible
without any serious disturbance what
ever. So that men said with a sense
of relief, We'll, we are glad to get that
behind us and it wasn't bad after all.
Benefits of Currency Reform.
"Then came the currency reform
You remember with what resistance
with what criticism, with what sys
tematic holding back large body Of
bankers in this country met the pro
! posals of that reform, and you know
! how, Immediately after its passage
they recognized it's benefit and its be
/ neficence, and how, ever since the pas
sage of that reform, bankers through
out the United States have been con
graduating themselves.
"Then we advanced to the trust
program, and again the same dread,
the same hesitation, the same urgency
that the thing should be postponed.
1t will not be postponed, and it will
not be postponed because we are the
/ friends Of business"
1 nriuep ~