The Detroit times., 1914-06-26
ANTI-TRUSTLAWS
SURE TO REVIVE
BUSINESS BOOM
president WILSON
Executive Defends Attitude in
Pushing Legislation and
Answers Critics
END OF GUESSING Is
BOUND TO BRING PEACE
Continuation of Present Uncer-
tainty Can Bring Only
Disaster, He Says

WASHINGTON, June 26.--PTomis.
ing new constitution OF freedom"
for business under the proposed anti
trust laws, soon TO be passed by con.
gress, President Wilson, in an address
TO Virginia editors. In the East room
OF the White House, late Thursday al.
ternoon, predicted the greatest indus.
trial boom In the. country's history
The president declared that the post.
ponement OF legislation affecting bus
mess at this time would work the
greatest possible harm TO the coun-
try, and reiterated his determination
TO push through his program before
the adjournment OF congress.
The speech In part follows.
Business has been la a feyerish and
apprehensive condition IN this country
for more than 10 years | Will not stop
10 point out the time a which II began
than 10 years business has been he
object OF sharp criticism in the United
States criticism growing In volume
and growing In particularly. and as a
natural consequence. az the volume OF
criticism has increased, business mas
grown more and more anxious
Business men have acted az some
men do VINO fear they will have TO un-
dergo an operation and who are not
sure that when they get on the table
the operation will not be capitai op-
Grafton, AS matter OF fact, the dlas :
nOsis has progressed, IL has become
more and more evident that no capital
operation is necessary that at the
most a minor operation is necessary 70
remove admitted distempers and evils.
The treatment IL 10 be constttu-
tional rather than surgical. affecting
habits OF life and action which nave
been hurtful For on all hands II Is
oil hur
business Ia this country which ought
10 be corrected; but the correction has
been postponed and in proportion 10
the postpouement the fever has In
creased--the fever OF apprehension.
There is nothing more fatal TO
business than 10 be kept guessing from
month 10 month and from year to year
whether something serious Is going 10
happen TO il or not aud what In mar
ticular is going 10 happen TO IL IL any
thing does. IL is impossible 10 fore
ness unless yos know what the year -
going 10 bring forth Nothing Is more
unfair nothing has been declared b.
business men To be more harmful than
to keep them guessing.
The guessing went on. the air vas
full OF Interrogation points for 10 years
and more, Then came an administra-
ton which for the first time had a
definite program OF constructive cor
rection. not OF destructive, correction,
but or a constructive correction OF ad-
mitted evil. a very clear program. dis
closed so far as possible In general
program. In its particulars as well as
In It's general features. And the sd
ministration proceeded TO carry out
this program
First there was the tariff. and bush
ness shivered. We don't like 10 60 in .
the water looks cold. but when the
tariff had been passed. IL was found
that the readJustment was possible
without any serious disturbance what
ever. So that men said with a sense
OF relief, well we are glad TO get That
behind US and IL wasn't bad after all.
Then came the currency reform.
You remember with what resistance,
with what criticism. with what sys-
tematic holding back large body or
bankers in this country met the pro-
posais OF that reform and you know
how Immediately after It's passage.