The Barre daily times. (Barre, Vt.) 1897-1959, 1915-04-29
CALAMITY HOWLERS
WE'RE DENOUNCED
Secretary Redfeld Also Defended Tariff
and Lauded Federal Reserve in Ad-
dress at Indianapolis.

indianapolis, Ind, April 29.--Dennn-
citation of calamity howlers" and a Wig.
orous defense of the policies of Pres
| Wilson's administration were the fea.
lures of a speech here yesterday by Sec.
Redfeld of the department of commerce
before meeting of representatives of
Indiana manufacturing interests. The
secretary defended the tariff, lauded the
federal reserve act. declared that the
Clayton antitrust law and the federal
trade commission act have made palmer
the way of the business man, and as
serted that in the condition of the coun-
try to-day "there is no happiness for
those who would do evil to the admins
tration."
The secretary quoted several news
paper articles to show that the country
was on the way to prosperity and paid
caustc respects to "purveyors of pessi-
mism"
"Those preachers of poverty for per-
sonal purposes he said, will in due
time go to their own places unwept, I'M
honored and unsung, followed by the
deserved curses of the deceived, falling
into the limbo of the calamity bowler
where long ago the muckraker preceded
him. Those are they who in secret
places speak evil of those who have
brought the country through the most
terrible commercial shock in its history
and landed her safe and strong upon the
peaceful shores of prosperity and inlu-
ence."
Three times, the secretary said, the
country had evinced its faith in the
Democratic party by returning a Demo
cratic House of Representatives. The
foes of Democracy, he said, could find
small comfort in the reduced aiority
of the Democrats in the next Congress-
"Our party has kept its faith" he
continued. ut has not been given orders
by the people to revise the tariff down
ward only to answer by revising it up.
ward. One thing, at least, no one dares
say about the tariff law, namely that it
was prepared by anybody in his own in
terest. Never was there a measure of
the kind more free from personal faint,
more purely intended for public as dis.
tinguished from private purposes" The
secretary declared that the tariff was
not factor in depressing business CON
ditions" and that under the Underwood !
bill "we have gained something of in
dustrial elfrespect."
The federal reserve law. he said, has |
relapsed into the channels OF trade vast /
sums formerly unnecessarily held back |
as reserves, and has taken away the ba- |
SIS of fear that produces panic.
Look and see" he continued, "how |
many of our partisan opponents venture |
to rise in public and denounce the fed |
eral reserve law. II is admitted on all |
hands, if not in words, at least in 81.
ence by our adversaries that this thing
has been we'll done. On it with conf
dence rest the operations to some OF
the very men who cry loudest in criti-
ism of our policies.
AYE, but business legislation. Well,
ct us face the question of business leg
station boldly, for concerning it there is
laught we have to fear. We have made
)lainer the way OF the honest business
men; our opponent sthemselves being
witnesses, the Clayton law and the fed
aral trade commission law are good.
They put no obstacle in the way of any
honorable man. They make his road
more plain. They give him forum in
which he may be heard. They give him
point on which with more confidence
le may lean.
"Let il be that criticism shall come"
le concluded. 1--WE shall be the better
or IL; but let IL be that the criticism
hall be fair and truthful and candid If
{ is not so, the criticism will fall of its
'wn folly. Ii il is so the criticism will
10 US good. And when we shall APP
roach in the coming year the decision
or the future. let il be approached not
With a scowl or whine. not with the
'artisl statement of half truths. but let
he facts be known in all their roundness {
o the American people, and then, in \
iods name, let the best man win