Bismarck daily tribune. [volume] (Bismarck, Dakota [N.D.]) 1881-1916, 1914-12-04

. ft A.emAE.EE. -.''.. lily PEI ..r'
President Wilson, in his letter OF
congra'ulation to Secretary McAdoO OH
the opening Of the federal reserve
banks, gives expression to his c0lvic'
ton that We are looking upon the
dawning of a new day. He recounts
with pride the large accomplishments
of his administration in relation 10
business and industry and speaks with
%eNnberant optimism OF the future. He
writes not so much as a historian,
with unbiased Judgment and impar,
tial analysis. He writes rather as a
Democrat, his vision a little obscnred
by party loyalty, his Judgment a little
modified by proximity to the event.
Nevertheless his summing up is on
the whole sound, and his predictions
not out of harmony with the prohabil-
tiles.
The coalitions out Of which We
seem to be emerging. Mr.. Wilson de-
scribes effectively in these terms:
"Ten OF twelve years ago the cOun-
try was torn ana excited by an agita.
ton which shook the very foundations
Of her political life, brought her bust.
ness ideals into question, condemned
her social standards, denied the hon,
esty Of her mel of affairs, the iateg-
rity of her economic processes ana
the morality and good faith of many
of the things which her law %sustains.
CHOSE who had power, whether In
business or in politics, We're almos;
universally looked ealpon with sllspl-
cion, and little attempt was made to
distinguish the just from the unjust.
They, in turn. seemed to dtstrus.
the people aid 10 wish to limit their
control. There was an ominOns an
tagcnism between classes. Capital
and labor We're in sharp conflict, with
out prospect Of accommodation be-
tween them. Interests harshly clashed
which should have co.operated.
"rhis vas not merely the work or
irresponsible agitators. There were
real wrongs which cried out to ne
righted, and fearless men had called
attention to them, demanding tia:
they be dealt with by law" ,
Gives Democrats Credit,
The credit for the correction Of
these conditions he gives to the
Democratic party. It has recast the
tariff with a view to supporting the
government rather than supporting.
the favored b%eneiciaries Of the gov
ernment.", A banking and currency
system has been established, (which
puts credit within the reach of every
man who can show a going business"
under the supervision and control OF
the government. A,trade commission
has been created through which "those
who attempt unjust and oppressive.
practises in business can be brought
to book" Labor has been made some
thing else in the view of the law than
a mere mercantile commodity-some-
thing human and linked with the priv
ileges of life itself"
or the future Mr.. Wilson expects
much. 1t is "clear and bright with
the promise of the best things"
While there was agitation and sus-
picion and distrust and bitter com
plant OF wrong, he says:
Groups and classes were at war
with one another, did not see that
their interests were common, and
suffered only when separated ana
brought into conflict
Fundamental wrongs n c. righted,
as they may now easily and quickly
be. all differences will clear away.
We are all in the same boat. though
apparently we had forgotten it. We
now know the port for which we are
bound. We have, and shall have more
and more, as our understandings
ripen, a common discipline of patti
otto purpose. We shall advance, and
advance together, with a new spirit,
a new enthusiasm, anew cordially or
spirited cooperation. 1t is an inspir>
ing prospect. Our task is %hcncefortn
to work not for any single interest,
but for all the interests Of the coln.
try rs a united whole.
"The future will he very differen:
from the past, which we shall pres,
emily look back upon. ! venture to
say, as if upon a bad dream. The
future will be different in action ana
different in spirit, time Of healing,