Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1914-06-26
PRESIDENTS FORECAST or DUotI
NESS PROSPERITY READ
WITH INTEREST.
MOST IMPORTANT MEssAo8
TO BUSINESS WORLD
Announces Determination 60 90 Ahsad
With Antitrust Legislative Pre-
sram-Says Prosperity Will prsvail
Whom Bills Arc Enacted Int Law
Cure For Commercial Ills.

Washington. June 26--President wis
sons emphatic declaration or the ad-
ministration's intentions to go straight
place those measures on the statute
books OF the country, with the predic~
ton OF unparalleled prosperity to foi-
low, attracted widespread attention.
here today In congressional circles
especially the presidents utteranceT
were read with keen interest
While the presidents speech was adj
drssed to members OF the Virginia
Press Association. 1t was meant for the
entire nation 1t was regarded as per-
haps the most important message hs
has given to the business world, and
as his final answer to those who op-
pose the enactment of the anu-trust
program ut the present Ss chg. -
gTess.
The president spoke in no uncertain
terms and made 1t clear that he was
determined to push to conclusion the
trust program.
Points to Tariff Efforts.
He referred to the efforts of the ad@i
ministration to carry out the other
features Of It's program-the tarin and
the currency law-which he said were
attended by fear OF business disturb-
ance. When, however. those measures
finally became law the feeling of un =
certainty was relieved.
In congress the belief was expresses
that the presidents announced attitude
| would have the effect OF rnllytng dom :.
ocrats to the plan to dispose Of the
| trust program. This belief wns, further
strengthened by the fact that the en-
tire Missouri delegation in the hOusa
4 had pledged the president their aid In
his fight That the president feels
/ sure that congress would complcte the
| program at an early date wns made evs
ident In his address to the editors.
| The senate had before It again to-
| day the trade commission bill that 10
| now the unfinished business before that.
| body.
! The president in his address, deliv-
| cred yesterday to Virginia editors Mt
| the White House, said In part:
Some people think that the anti
| trust legislation will be postponed. Well
| 1t Will not be postponed. 1t will not be-
| postponed because we are the real
| friends OF business and are ready to
give business lIS new constitution OF
| freedom. II we stop now there would
be another long period Of agitation
with Its resulting dangers to business.
But we are not going to face the dan
| ger, we are going ahead with our pro-
gram now. and II the reports received
are correct 1t will not take us long to
| finish our work
| 1--WE know what we are doing. We
! purpose to do 1t under the advice of
! men who understand the business OF
! the country: and we know that the
effect Is going to be exactly what the
! effect OF the currency reform was-a
| sense Of relief and security.
You remember with what resistance
| n large body OF bankers met the pro-
| posals OF that (the currency reform
and you know how, Immediately after
Its passage they recognized Its benefit
and how ever since bankers have been
congratulating themselves that II was
possible to carry out this great reform
on sensible and solid lines.
I'VE are In the presence OF busi-
ness situation which Is variously inter
rreted. Here in Washington
we arc perhaps In a position to Judge
of the actual condition Of business bet
ter than those can Judge who are In
any other single point of the country:
and I want to say to you that as amat-
ter OF fact the signs OF a strong busi-
ness revival are becoming more anC
| more evident from day to day"