Iron County register. [volume] (Ironton, Iron County, Mo.) 1867-1965, 1914-07-30

Tor fear a storm might break upon them.
This was a bold stroke to create fear and
a Of dependence. TIT banks in
the West and South were hard pressed
to supply the necessary currency to move
The maturing crops and meet their or
binary legitimate dem mds- This scheme
Of tntiuidation was Of the schemes
eoncocted by the potent Influences seek
ing to force their theory Of legislation on
the country. The Secretary Of the Treas
ury, Mr.. McAdOo. with the approval Of
tie President, met this move with such
promptness and vigor as to end Ii in
short order. Under the authority of .
law the Republicans had passed to meet
a different exigency. which fortunately
had not been repealed. he Secretary 81
the Treasury declared that he would fur
nish ample n for crop moving pur-
poses by depositing, on adequate seeurl-
~, as many millions with various banks
throughout the country as might be acc
essary to answer tae immediate needs
of That eihded the crop-mov-
ing scare. The Secretary has given no.
tice that he will do the same thiug again
this year II the occasion REQUIRES; but
after what he has said, no occasion of
the kind indicated is likely to arise
THE banking and currency system
finally embodied in the law recently
passed is NOW almost universally con-
coded to be wise, timely and benefcenT.
Bankers and business men all over the
country regard the system so established
as sound, safe and efficient There IS q
NbIltQell Dtlltl pItNdlilllS dLlOtS all
classes that as soon as the new system
is thoroughly organized and put on foot,
IT will result in great good to the whole
country"
Foreign Affairs.
Discussing foreign affairs, the Senator
said:
Because of my long connection with
the Foreign Relations Committee of the
Senate, and especially since my access
sion to its craftsmanship, l have been
closely associated with our foreign and
diplomatic affairs. or these | can only
speak with guarded discretion, for affairs
of international diplomacy are often OF
such delicate nature that they cannot be
publicly discussed without danger of CIV
ing offense and provoking embarrassing
situations. President Wilson was unfor-
n in inheriting a number of diff
cult international problems from the pre-
ceding administration and it has de-
yolved upon my committee TO aid him as
far as possible in solving them. Per-
haps the complication which has excited
the greatest public interest is that relat-
Ing to Mexico. That unhappy country
was the seat of widespread and contin-
uing turbulence throughout the later
years of President Taft's administration,
and the burden of dealing with these dis
orders has descended upon President
Wilson. The President has sought with
the greatest zeal and with unspeakable
patience TO bring order out of this chaos
without resorting to force. Whether he
has been too patient and long suffering,
men and nations may well differ. | con-
fess I have felt my own patience strained
more than once to the breaking point;
but when I have watched the President
toiling through the difficulties of his en-
vironment, striving to protect the inno-
cent, holding ins0lence and brutality in
check as far as possible, hoping ever to
avoid bloodshed and the havoc of war,
and yet always with an eye single not
only to restoring order and establishing
a stable government in Mexico, but. still
TnnTp I1nnnVt9nf I'M Ga .hCt1 blicl1 thot unyr-
rnmeH on the consent and in the af-
fecti6ns of the people that it might be
permanent. Ylr1le, strong. and wtthal
willing and capable of working out those
great reforms so loudly demanded by ev-
cry consideration of simple Justice to the
people-when | have watched him strug-
CLING so long with mistaken courage and
patience to accomplish these ends. I have
felt in duty bound to curb my own i'm
patience and lend him every assistance
in my power.
What the end will be I am unable
to say at this writing. If armed inter-
%gention shall ultimately become inevitable
she people of this country and of the
world viii know that that extreme meas
gre was NOT resorted 10 until the Presi-
had exhausted every honorable means
to avoid 1t. That Is about all | can prop
erly say on that subject at this time.
The people Of Missouri may rest assured
that the President will strive to preserve
peaceful and friendly relations with all
nations, and do wllatver he can to pro-
mote commercial intercourse with them,
but at the same time he will z~ealously
guard the RIGHTS, honor and dignity Of
hF own country, / an proud OF the on-
~pnrtunity to work with him in this world
wide field, full, as it is, of questions Of
| great moment and vital interest to our
people. and sometimes Of the greatest
delicacy,
Things to Be Done.
r. "a ~ l. \
this congress has passed numerous inn
/ portant laws relating to other questions,
such As the conservation of our resources,
the improvement nf our means Of com
merciaI Intercourse, and for HE improve
ment of our consular and commercial
agencies abroad. But | cannot enter
upon these IN detail in this ~2ommunica-
ton without unduly extending it.
There are several very important
questions now pending in the Senate,
which the President and the majority OF
tile Congress regard as being necessary
and essential for us to dispose of as
spee@ilg ~ possible. have particular
bill providing, Tor an iltt&tsta = trades
commission, the bill comforting juTisdic-
t!Gn upon the Interstate Commerce Com
mission to supervise the issue Of bonds
and other securities by Interstate trans
portation companies, and the bill tic
amend the Sherman Antitrust law SO
| as to cure its defects and make it more
GellalG nv tllettIte AL tneSe are
n 1885, ~ ~ y With XII thiis min ilp Y. tio y g tig
Congress, as we'll as the Democratic par
~, stala p$9bea ne llouse OF Hepre"
sELedtlfeS IKE tb 4G{Nd 4t,oA lHese meas
Gny5 asiu G ne 9Hqi leg aha laterstslt
now at work rounding them out for early
consIaeratlon hy me senate itseit.
nnd1S peoiaT az ar Sasars tiat Songress
tajo4Hin ~ s"gH ~ tie annual appropria-
a'atlon tstefFfq 70 l4F e9nsl9 sfdtloA ~
latFI aats' ~ LhGt' q Well-0rsanlze
a w ~ nas pSen st4ttea alu eX,
tMltsu ny ngrfope ppwsilet |hterests 70