Honolulu star-bulletin. [volume] (Honolulu [Oahu, Hawaii]) 1912-2010, 1914-12-08


and little attempt was made to dissin-
guish the just from the unjust. They
in their turn seemed to distrust the
people and TO wish TO limit their con-
troll. There was an ominous antagon-
ism between classes. Capital and labor
were in sharp conflict without pros
pect OF accommodation between them.
Interests harshly clashed which should
have cooperated.
This was not merely the work of
irresponsible agitators. There were
real wrongs which cried out to be
righted and fearless men had called
attention TO them, demanding that they
be dealt with by law.
. I'VE were living under a tariff which
had been purposely eontriyed to confer
private fayors upon those who were CO.
operating to keep the party that origi-
mated II in power: and In that all too
fertile soil all the bad, in
terIaeed growth and jungle Of
monopoly had sprung up. Credit,
the very life of trade, the very air men
must breathe II they would. meet their
opportunities, was too lqrgely In the
control Of the same small group who
had planted and cultivated monopoly.
The control Of all big business, and
by consequence Of all little business,
too, was for the most part potentially,
IL not actually, in their hands.
Changed BY Democratic Party.
And the thing stood so until the
Democratic party came into power
last year. The legislation of the past
year and a half has in very large
measure done away with these things.
With their correction. suspicion and
i'll will will pass away. For not only
have these things been righted. but
new things have been put into action
which are sure to prove the instru-
ments OF q new life In which the mists
and dlstempers which have so embar-
raised us will be cleared away; the
wrongs and Observation-Disclosures correct.
ed which have Brought distrust upon
so many honest men unjustly. That Is
the main ground Of my own satisfac-
ton.
+The tariff has been recast with
view to supporting the government,
rather than supporting the favored be-
neficiaries Of the government. A sys-
tenn OF banking ard currency issues
has been created, which puts q credit
within the reach of every man who
can show q going business: and the
supervision and control Of the system
Is In the hands OF responsible agen-
cy Of the government itself.
Her Treatment Of Labor
"A trade tribunal has been created
In which those who attempt unjust
and oppressive practises in business
can be brought to book. Labor has
been made something else in the view
Of the law than q mere mercantilet
commodity, something human and
linked with the privileges OF life IT.
self.
"The soil has everywhere been laid
bare out of which monopoly Is slowly
to be eradicated And undoubtedly
the means BY which credit has been
set free Is at the heart Of all these
things, is the keypiece Of the whole
structure
"This is the moro significant be-
cause Of its opportuneness. 1t Is
brought to its final accomplishment
just as It Is most iiaperatively needed.
The war which has involved the whole
CT the heart of Europe has made It.
necessary that the United States
should mobilize its resources In the
most effective way possible and make
her credit and her usefulness good
for the service Of the whole world.
ct has created, too, special difficuls
ties, peculiar situations, to be dealt
with like the great embarrassment In
selling our immense cotton crop.
which all the world needs. but against
which. for the time being, the markets
Of the world are in danger OF being
artifIcially shut. That situation the
bankers OF the country are meeting
30 far as possible In d businessiike
fashion and in the spirit of the new
time which is opening before us.
Predicts Justice for Railroads.
THE railroads OF the country are
almost as much affected, not so much
because their business Is cnrtailed as
because their credit Il called In ques.
ton by doubt as 90 their earning ca.
pacity. There Is no other interest So
central to the business welfare Of the
country as this. No doubt in the light
Of the new day, with It's new under.
standings. the problems Of the rail.
roads VIII also be met and dealt with
In q spirit Of candcf and Justice.
'sFor the future is clear and bright
with promise Of the best things. While
there was agitation and suspicion and
distrust and bitter complaint Of wrong,
groups and classes were at war with
one another and aid not see that their
interests were common and suffered
only when separated and brought into
conflict. Fundamental wrongs once
righted, as they may now easily and
quickly be. all differences will clear
away.
We are all in the same boat. though
apparently we had forgotten II. We
now know the port for which we are
bound. We have. and shall have more
and more as our new understandings
ripen, common discipline OF patriotic
purpose. We shall advance and ad.