Omaha daily bee., 1914-07-24
EXPLAINS BUSINESS SLUMP
Chairman Connolly of Iowa Demo
Convention Blames Interests.
SAYS WILSON POLICIES RIGHT
Democratic Candidate for 4. s. SEN
ate Asserts Later Events Nindi-
cstInE Presidents Coarse
In Mexican situation.

Let our own dead past bury its dead.
Events are vindcating the presidents 3
policy with regard TO Mexico
In good time the farmer will realize
what the Wilson administration has done
for them ir substantial tariff reductions
on all those things he Ia forced to buy
Notwithste nding the serious depressions
in foreign countries due To- the Balkan
war and worldwide conditions that this
democtratic administration cannot he
blamed for our present condition is far
from being one of distress or disaster
When Senator Cummins so sharply
criticised and ridiculcd the president and
his policies and spoke OF the distress that
has accompanied the enactment NJ demo-
cratic legislature, he Is attuning lis voice
end qualifying himself as o member Of
the vested choir OF vested interests --
Chairman Connolly at tbs Iowa Demo-
cratic Convention
Events are vindicatins the presidents 8
policy with regard to Mexico" said Tenn
porary Chairman Maurice Connolly Of the
Iowa state democratic convention in his
opening speech in the Auditorium at
| Council Bluffs Chairman Connolly Is
| himself the democratic candidate for the
United States senate. lie praised the
( Wilson administration, continuing In
good time the farmer will realize what
the Wilson administration has done for
them in substantial tariff reductions in
all those things he is forced to buy"
Congressman Connolly devoted a large
part of his speech in defense Of himself
and thanks to the democrats of Iowa for
having selected him es their candidate
/ for senator He echoed the Wilson eX-
planation OF the business depression by
! Indicating that IL was due to sys-
tematic "csmpaign OF scare and calam-
( ity." lie referred only briefly to the
democratic policies. except the tariff and
/ devoted a good deal Of time to Senator
! Cummins' speech at the republican con-
lvention on national issues
BIRmes BIE Interests.
| "If, instead OF alarm. the big com
| mercial interests of the country had dis.
! seminated the tone Of cheer and optlm
ism, we would be at this moment on the
| tide of an impressive prosperity, re-
I gardless OF conditions abroad and in
I Canada" Mr. Connolly declared. He said
that despite the depression in foreign
countries due to the Balkan war anc
worldwide conditions "for which the
democratic administration cannot be
blamed" the present business situation
in the United States is far from being
one of distress or disaster.
! The congressman cited conservative
business journals OF the east In proof oil
his statement that message OF cheer
and hope" from the big interests should
be forthcoming. He felictsted the
democracy of Iowa upon the present
dominance Of the democratic party and
upon your efforts of 1912. when you
/ al ne to
! row Wilson"
Referring to President Wilson. Mr.
Connolly said There is firmness in the
hand that has carried this country
through the most critical and delicate
situations to which the democratic party
ever fell heir"
Praise for Administration.
The speaker paiu high tribute to Sec
retary Bryan. Speaker Clark, Majority
Leader Underwood. and other admins
tration leaders, and then discussed tn,
tariff and currency measures recently
passed by congress. "As TO the tariff,
ne said, our party kept it's prediction
pledge OF s genuine revision downward
1t may be that in the new bill containing
1000 or more items there should creep II
some errors and some inequalities, bu
the Underwood Simmons bill was writ
ten with view OF taking care Of the in
terests Of the great masses OF the people
giving some relief to the great consuminI
public, and to taking from privilege an,
the special interests the power TO re
quire tribute from the wage-earner. tn
farmer, the merchant and the manufac
turer"
lie declared that farmers can reoal
, under republican rule when prices o
farm products were infinitely less tha
they are at the present time.