The Calumet news. [volume] (Calumet, Mich.) 1907-1938, 1914-03-03
Glance Backward Shows Admir-
istration Has Been Event.
fuI and Active
TWO NOTABLE BILLS PASSED
Success in Securing Laws More
Marked Than Successes in
Diplomatic Field

Washington, -. G., March 3.-Prcsi-
dent Wilson today rounded out the
first year of his term Of Office as CHIEF
executive of the nation. A glance
backward over the twelve months thst
have passed since President Wilson
was inaui urtcd March 4, 1913, shows
that his administration has been un-
usually eventful and active. Seldom,
except in time of war. has any presi-
ON at the same time.
The revision of the tariff was the
first notable achievement Of the Wilson
administration. Two weeks after he
was nauugurated the president called
an extra session Of congress To revise
the tariff. The session convened On
April ana the Underwood Tariff bill
with the income tax was immediately
introduced in the house. That body
passed the measure on May \ ana on
September . II was passed by the sem
ate. ON the day cf the passage ef the
bill by the senate, President Wilson
issued n public statement which ve.y
clearly identified the administration
with the measure, and which asserted
the success of the Democratic party n
maintaining its harmony and carrying
out its pledges under dflluclt circum-
stances.
AS son as the president was assured
that the last stumbling block had been
removed from the path of the tariff
bill he appeared before congress and
urged upon that body the necessity for
Legislation To make the monetary sys-
tenn of the country more simple and
uniform and more readily available for
the needs OF business. The currency
bill, which was introduced simultane-
ously i'm the senate and house three
days after the president had addressc1
congress on the subject, was essential
cnao tment into law was victory for
President Wilson. The provisions If
the law for "A Federal reserve board
and the establishment OF regional
banks called for rather radical changes
in the monetary system of the country
though opposed to the currency bill.
have manifested disposition to give
the new system fair trial and To aid
i'm the work of starting it off smoothly.
Regulation Of Trusts.
The third great question of publ,
policy To he taken up by President
Wilson during his first year in Office
was the further regulation by the Fed
eral Government of corporations en-
gagged in interstate commerce. In his !
previous utterances the president had |
made it plain that "butng" and bait
ing the trusts was not To bo the spor; |
of his administration. At the same
time he let it he known that he be- !
ieved the Sherman antitrust law |
needed revision to make it more effec- |
i've i'm dealing with those corporations |
whose unlawful acts made them actual !
enemies of the public welfare
ON January 20 the president made /
i' third formal app '1rance before the
wo houses of Congress assembled in
oint session and explained his views
~ the trust problem. He condemned |
l'cTlocking drectoratcs, advocated |
he prosecution of individual directors
md officials for tie unlawful acts of
heir corporations. proposed To confer !
lpon the Interstate Commerce Com
mission the power to regulate the