Imperial Valley press., 1914-06-27
President Outlines
Remainder Of Program

;
istration which for the first time had
definite programme of construc-
tive corrections; not of destructive cor
recticn, but of constructive correc-
ton of admitted evils--a very clear
programme, disclosed so far as pos.
sible in general programme, in its
particulars as well as in its general
features. And the administration pro-
ceedeG to carry out this programme.
"First, there was the tariff, and
business shivered. We don't like 10
go in; the water looks cold but
when the tariff had been passed it
was found that the readjustment was
possible without any serious disturb
ances whatever. The men said, with
sense of relief, We'll, we are glad
to get that behind us, and it wasn't
bad, after ALL
"Tnen came the currency reform.
You remember with what resistance,
with what criticism, with what sys-
tematic holding back, a large body of
bankers in this country met the pro-
posals of that reform, and you know
how, Immediately after its passage,
they recognized its benefits and its
beneiicence, and how ever since the
passage of that reform bankers
thoraghout the United States have
been congratulating themselves that
it was possible to carry out this great
reform upon sensible and solid lines.
"Then we advanced to the trust
programme, and again the same
dread, the same hesitation, the same
hesitation, the same urgency that the
thing should be postponed. 1t will not
be postponed it will not be postponed
because we are friends of business. We
know what we are doing; we purpose
to do it under the advice, for We have
been fortunate enough to obtain 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, sense of relief and security.
Because, when the programme Is
finished, it is finished, the interroga-
ton POINTS are rubbed off the slate;
business is given it's constitution Of
freedom and hidden to go forward un-
der that constitution. And Just as soon
there will be boom of business in
this country such as we have never
witnessed in the United States.
81, as friend of business and d
servant of the country, would not
dare stop in this programme and
bring on another long period of agita-
ton. Agitation longer continued would
be fatal to the business of this coun-
try, and if this programme is delayed
there will come agitation with every
letter in the word a capital letter. The
choice is a sober and sensible pro-
gramme now completed or months
upon months of additional conjecture
and DANGER !, for one, could not ask
this country to excuse policy which
subjected business to longer continued
agitation and uncertainty; and, there
fore. am sure that it is beginning to
be evident to the whole press of this
country, and by the same token TO
the people, that a constructive pro-
gramme is at last not only to be pro-
posed, but completed, and that when
it 81 completed business can get and
will get what itscan get in no other
way-rest, recuperation and success
full adjustment. / cannot get rest il
you send me to bed wondering what
is going to happen to me in the
morning, but if you send me to bed
knowing what the course of business
is to be tomorrow morning, | can rest
How much better is certain justice to
the men engaged in business.
at is a matter of conscience "a
we'll as matter of large public policy
to do what this Congress / am now
certain is going to do, finish the
programme. And | do not think that
it is going to take very long time
| believe that the temper of those en-
gagged in this grea thing is admirable
that the various elements, sometimes
in antagonism, in the Congress. of the
United States are drawing together
and that we shall witness an early
state5manike results from which W.
shall all have abundant reason to be
thankful"
During the day the President has
recei yed a letter signed by Champ
/ Clark of the House, and all the Demo
cratic Representatives from Missouri
pledging him their support in his
campaign for antitrust legislation
and promising they would remain il