New Britain herald., 1916-06-15
COUNTRY PROSPERS
 UNDER DEMOCRACY
Continued from First Page.D


 What would have been the result if the old republican system had been in effect" he asked. The stock eX changes in every city in the world were closed. Europe poured it's vast holdings in plethargic streams upon OUT shores. Who thinks that the old republican system of finance under the guidance of those patriotic guard ians would have been able to with stand this mighty cataclysm But what was the result? Not a bank closed it's doors; not a laborer was thrown out of employment; not business was forced into bankruptcy; tut there stood strong, serving the masses of mankind, this great legis- lative achievement of the democratic party. As the master achievement Of Woodrow Wilson, to my mind, next 10 keeping a hundred million people al peace with the world, the historian will record the federal reserve law
 Preparedness.
 Declaring that self defense and preparation for it is as necessary now as ever before" the speaker pointed to the administration preparedness program as a proof that the party be- lieVed in "preparedness without mili- tarism."
 '"In 19O6,' he continued, 1T at tended the great peace conference beld in London. I thought that the n illenium of peace had come and such a thing as the worlds war was imp possible; but that day when the Christian heart shall rule the world Is not in sight We must not mis- take dishonor for peace, as we cannot mistake oppression for peace. Wood TOW Wilson and the democratic party advocate an army big enough to make aggressors think the second time before they strike a blow. Democracy wants an army and naMy in keeping with the dignity, preservation, and worth of this great republic. We do not want foot of anybody elses soil, and, by the eternal God, they shall not take a foot of ours.
 During this administration we have done more to build up an army l and navy in three years than the re- publican party did in forty years of it's existence. More has been done to give the American people a navy l and army in three months than l Colonel Roosevelt and MT. Taft did 1 in eleven years"
 Senator James spoke of the repub- l lican patform declaration for "a 1 continuous policy of national de- l fense,'' declaring that only two 1 propositions for a continuous policy l ever had been made in American history, one, by the. general board of the navy in 1903, which was pigeon holed by a republican secretary of the navy and the other by President Wilson in his address to congress last December.
 But what happened when this matter was under consideration in the naval affairs committee of the house." continued the senator. Every, republican member on the committee decided to oppose the | presidents 'continuous program and would vote for no program longer than one year. After sixteen years of | failure, even to let the public know of the continuous policy proposed by naval experts, much less to carry out such a policy, and after the republi- cans on the house naval affairs com mittee, in June, 1916, unanimously y, now say they favor the continuous Iolicy.'"
 The republican plank, declaring for ''an effective system of rural | credits as opposed to the ineffective | law proposed by the present demo- cratic administration" was assailed 1 ty Senator James, who declared that | almost every republican in the house | and senate voted for the administra- | tion's rural credits bill and that none had charged that it was ineffective or had proposed a substitute.
 The senator also replied to repub- lican criticism of the administration shipping bill which, he declred would have given the United States an adequate merchant marine by now had it not been killed at the last session of congress by republican filibuster.
 We Lead in Exports
 For the first time in the history of our country" said Senator James, 1 after reviewing briefly democratic legislation which he declared had made prosperity possible, the | United States leads the world in eX- | ports. We are more prosperous than | ever, and mills which have not turned | spindle for years are now busy 1 All the laborers of the United States are employed as never before. With 1 the world-war raging, our country is the only neutral one that is not in dis tress and the only one that has not declared a moratorium. Every de- mand of the stress of war, the demo- cratic party has met quickly. We have freed business from the black mail of the politician as we have emancipated it from the clutch of monopoly"
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