Aberdeen herald. [volume] (Aberdeen, Chehalis County, W.T.) 1886-1917, 1914-06-30

WASHINGTON, June 27.-The
"new constitution of freedom" for
business, given by antitrust legisla-
tion soon to be passed by congress,
President Wilso' ,5terday promised
the country the g. lest business boom
in it's history.
This was the presidents final an
swer to the opponents of trust leg
islation at this session of congress and
to prophets of evil times, delivered
with determined expression and every
word emphasized with a clenched
first.
Talks to Virginia Editors
I'VE know what we are doing
said Mr.. Wilson; 1--WE 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 exact.
ly what the effect of the currency
reform was-a sense Of relief and
security"
The president spoke to a group of
Virginia editors in the east room Of
the White House, but his assurances
were intended for the country.
A military aide in full dress uni
form stood besides him and there
was every indication that the speech
was meant to be one of the most i'm.
portant of the administration. News
Of the failure Of the H. B. Clafin
company in New York had reached
the White House earlier in the day,
but the president did not mention
the incident. II
Text Of Speech
The speech in full follows:
II think it is appropriate, in re.
ceiving you, to say just a word or
two in assistance of your judgment
about the existing conditions. You
are largely responsible for the state
of public opinion. You furnish the
public with information and in your
editorials you furnish it with the in
depreciation of that information. We
are In the presence Of a business sit
uation which is variously interpreted.
Here in Washington, through the
bureau of commerce and other instru.
mentalities that are at our disposal
and through a correspondence which
comes in to US from all parts Of the
nation, we are perhaps in position
to judge of the actual condition OF
business better than those can judge
who are at any other single point In
the country; and l want to say to
you that as a matter Of fact the
signs of very strong business re-
vival are becoming more and more
evident from day to day.
Business In Bad Way for Ten Years
II want to suggest this to you:
Business has been in feverish con-
dition in this country for more than
ten years; l will not stop to point
out the time at which it began to
be apprehensive, but during more
than ten years business has been the
object Of sharp criticism in the Unit
ed States. a criticism growing in
volume and growing in particularly
and as a natural consequence as the
volume of criticism has increased
business has been growing more and
more anxious. Business men have
acted as some men do who fear they
will have to undergo an operation
and who are not sure that when they
get on the table the operation will
not be a capital operation.
Minor Operation Will Suffice.
"As a matter of fact, as the dag
nosis has progressed it has become
more and more evident that no CAPT
tai operation was necessary, that a
the most a minor operation was nee
essary to remove admitted distempe
and evils. The treatment is to b.
constitutional rather than surgical
affecting habits Of life and actor
which have been hurtful. For on al
hands it is admitted that there ar
processes of business, or have beel
processes of business, in this countr
which ought to be corrected. but tn
correction has been postponed and Il
proportion Of postponement the fev
er has increased-the fever Of appre
hension.
Unfair to Keep Business Guessing
"Theer Is nothing more fatal I
business than to be kept guessin
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