New Britain herald., 1915-12-11

up peace'' following the European
 war. In comprehensive and force
 ful address before the Columbus
 chamber of commerce he urged Am erican business men to mobilize their
 resources in order that the United
 States might be prepared to play a
 mort important part in the worlds
 affairs, and bring about justice after ] the present war.
 The president spent eighteen hours
 in Columbus, during which he was ac- 1 tive every minute. In addition to the 1 chamber of commerce speech, he de- ] lvered an address last night before ! the commission on country and ] church life of the Federal Council of 1 the Churches of Christ in America shook hands with more than 1000 people at a reception in the rotunda 1 of the state capitol, spoke briefly to
 large crowd from the steps of the capitol and took a long walk about the
 streets of Columbus. The entire city and many people from surrounding towns greeted him.
 ..s Defends Mexican Policy. In the chamber of commerce ad- dress the president defended his Mex ican policy and said that as long as he was president nobody should "butt in'' to alter the Mexican's government for them; urged the business men to 1 pay more attention to foreign com merce and be more self-rcliant: de- manded the restoration of the Ameri- can merchant marine; praised the new banking and currency law: and touched on the attitude of the United States toward the European war.
 The address was delivered before 1
 
 the Masonic Temple, periodically 1 draped with American flags for the l occasion. Near him sat Governor 1 Willis, former Governor Judson Har- mon, Senator Pomerene, Representa- tive Brumbaugh and others of Ohio's ] leading men. His speech was fre- quently interrupted by applause.
 Text of Address.
 The president said:
 "Mr. President, Gentlemen of the Columbus chamber of commerce.:
 1T want first to express my very deep gratitude to you for the cordial manner in which you have greeted me, and my sense of privilege in here before you to speak about some of the things in which we are mutually interested. You, gentle men, are perhaps more interested in those matters of policy which affect business of the country than in any f oth CTS; and yet it has never seemed ., o me possible to separate the business f If country from it's essential spirit t md the life of it's people. The mis- S ake that some men have made has ( oeen in supposing that business was , one thing and life another; whereas, z hey are jnseparable in their pr1ncl- , 1les and in their expression. '
 1T must say that in looking back t 1pon the past there is something about I the history of business in this country l which is not wholly satisfactory. 1t IS : to remember that in the ( early years of the republic we felt { ourselves more part of the general world than we have felt since then. { Down to the war of 1872 the seas l were full of American ships. American enterprise was everywhere expressed in American commerce when we were ] q little nation: and yet now that we , are a great nation, the seas are almost i bare of our ships, and we trade with other countries at the convenience or ( the carriers of other nations. I
 Chose to Be Provincial.
 "The truth is that after the war of 1912 we seem deliberately to have t
  selves in upon ourselves, exploit our i own resources for our own benefit. f rather than for the benefit of the rest I of the world; and we did not return f to address ourselves to foreign com z merce until our domestic development ( had so nearly burst its jacket that l there was no straight jacket in which :, it could be confined. Now American r industry in recent years has been V crying for an outlet into the currents 6 of the world. There were some Amer T ican minds, some American business r mcn-not a few-who were not built :, upon the provincial type, who did find / tn cir way into the foreign markets . and made the usual American peace |; full conquest in those foreign markets; but others seemed deliberately to re- < e frain or not to know that there were < to be availed or. .
 Until the recent banking act you ,o,ld not find, so far as I am inform :, ed. a branch of an American bank anywhere outside of the United States, whereas other nations of the world were doing their banking business on $, 'oreign shores through the instru- mentality of their own bankers. . vas told at meeting of the Ameri- ;an Bankers association that much ' ,f the foreign banking business, the business in foreign exchange, had to oe done in our ports by branches of F Canadian banks established among [ ourselves. Being literalists, we inter- oreted the national banking act to 4 mean, since it did not say that the | national banks could engage in this U business, that they could not en- d gage in it, and some of the natural, some of the necessary, functions of banking were not performed by Amer can bankers.
 Attacks Monopoly. <