Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1914-07-08
pEcLlNAr!oN OF WARsURG AND
ATTACK MADE ON JONES
BRING STATEMENT.
DOESN'T WANT PARTY TO
APPEAR As ENEMY TO BUSINESS
Insists on Same Treatment For Big and
Little Business and in Public State
mont Seeks to Force Senate to Ao-
cent Nominees For Reserve Bank
eeard-Asks Warburs to Reconsider.

washington, July o-beCAdAAh6 ~
would be unfair to regard the demo-
cratic party as the enemy of big or
little business, President Wilson today
gave out a statement in support of Paul
Warburs, of New York. and Thomas D..
Jones. Of Chicago. his nominees for the
federal reserve board.
President Wilson's statement follows:
1T would be particularly unfair to
the democratic party. and to the ma
1ority In the senate. to regard 1t as the
enemy Of business, big or little. am
sure that 1t does not regard man as
an object of suspicion merely because
he has been connected with great buss-
ness enterprises. It knows that the
business of the country has been chiefly
promoted In recent years by enterprises
organized on q great scale, and that
the vast majority Of the men connected
with what we have come to call big
business are honest and incorruptible.
and patriotic. The country may be cer-
tain that 1t is clear to members Of the
senate as 1t is clear to all thoughtful
men. that those who have tried to make
big business what 1t ought to be. are
the men to be encouraged and honored
whenever they respond without reserve
to the call Of public service.
Puts Party on Record.
Il predict with the greatest conf
dence that nothing done by the demo-
cratic majority Of the senate Of the
United States viii be Of q sort to throw
suspicion on such men.
"Mr. Jones and Mr.. Warburg in mani
Testing their willingness to make per-
sonal sacrifices, and out Of their great
experience and ability IN the service Of
the sGevsrnmAnG without thought ~
pacsonal advantagS, In the orsanixation
Of : great reform. which promises 70 be
20 servtcsable 70 the nation In setting
an example Of patriotism and public
spirit which the whole country admires.
It 10 the obvious business Of states
manship in this turning point Of our
development to recognize ability and
character. wherever 1t is displayed. and
unite every force for the upbuilding of
legitimate business along the new lines
which are now clearly indicated for the
future.
The president said today he earnestly
hoped Mr.. Warburg would reconsider
his decision not to accept the nomina-
tion and that he was urging him to do
so. He expressed confidence that Mr..
Jones would be confirmed.
Committee May Not Heed Plea.
The senate banking committee had
no meeting today but an opportunity
will be afforded tomorrow for formal
motion to withdraw the Invitation that
Mr.. Warburg appear to be questioned.
It was said today by members that a
majority probably would oppose it.
Acting Chairman Hitchcock said no
suggestion had reached him from ad-
officials for withdrawal Of
the invitation.
The nomination OF Thomas D. Jones
o! Chicago. also win be taken up to-
morrow. 1t was not certain today
that Mr.. Jones would be approved ty u
majority. 1t became known that. sew
eral members OF the committee are
not so much interested in his connec-
ton With American interests as in his
foreign investments.