Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1916-06-15

/ pyranees. whether their descent be
Austrian or Italian. Russian or Greek
the men who have sworn an oath Of
fealty to the ideals of America will be
true.
STAND READY TO DIE
FOR THEIR ADOPTED LAND
They may love the lands of their
fathers much. but they love the land
ish the memory OF the sod from
whence they sprung. hut they stand
ready to die for the soil that they
have hallowed with their homes
In his review of our domestic policy
the temporary chairman pointed that
the promise made by democracy four
years ago had been faithfully kept.
ITO day the prosperity which tho
nation enjoys bears witness that de-
mocracy has kept the faith. To-day
the gates OF opportunity are OPEN the
hosts Of special privilege stand dis
armed. To-day the forces of govern
ment are encouraging. not blocking
the full expression of the nations prog
ress. To-day the business man, the
artisan and farmer find themselves
free TO enjoy the fruits of their labors.
unhampered by the sinister power OF
special privilege or the selfish oppres-
sion of 'in->sible government
OF the Federal reserve act Mr..
GlEhn mad this 10 say:
I'm the panic of 1907 under tho
old system, New York could not lend
| n country bank $4,000 with which
| to meet factory pay rolls; in 1915,
under the new system. inaugurated by
this Democratic administration. New
York loaned Europe s50o.000,00o. even
though the financial centers of the
world were disrupted by the world
war, and there were still left in New
York the largest bank deposit in Its
history.
IF this Democratic administration
had performed no other public ser
vice than the enactment of the Fed
eral reserve act. IL would deserve the
unstinted approval OF grateful ma
ton. Thanks to Democracy and to
Democracy's great leader. the business
man who is struggling to establish
himself may now work out his destiny
without living in terror of panics and
hard times. The toiler in the factory
may ply his tasks in security. know
ing that his employers business is safe
from assault The farmer who must
borrow 70 move his crops may do so
without spending his days in anxiety.
his nights in Nightmares Of foreclosure
and disaster
THAT Underwood tariff" declared
the speaker, enacted by this admin
istration. has banished greed, from the
gates OF our ports and written justice
| TARIFF FAIREST AND BEST
THAT HAS EVER BEEN ENACTED
| "of all the tariffs we ever enacted
! this Is the fairest and the best.
Until the foreign war reduced i'm
! portations no new tariff was ever more
! satisfactory. Tho highest protective
! tariff ever written would probably have
| given MS no more revenue during this
| European War and higher tariff on
! y matt ri al h-,t. har ral
| our manufactures: n higher tariff on
! the necessities OF life would have
! placed a wocful burden on the poor
man in the conditions which the war
abroad has brought about.
] by the Underwood law this admins
/ tration has taken the tariff out OF poll
/ ties: by the new Tariff Commission 1t
{ proposes to take politics out of the
I tariff
/ In the discussion Of prosperity. Mr.
GlEnn made particular reference to our
industrial condition.
To-day prosperity shines from bIaz-
. ing furnaces and glowing FORCES It
echoes from busy docks and from
F., thronged empor!ums of trade. It's mes
/ sage OF plenty fills the land with the
chant of the spindle and of loom, lift
ing the mortgage from the poor mans
home and promising his children a flu
ture that seemed Impossible before
During the past four years this
/ country has experienced steady and
/ continuous Improvement In business
/ Wealth has increased 81 per cent the
value of manufactured products, 80 per
| cent; capital. 80 per cent: wages, 81
. per cent. and exports. a. per cent. The
I hood-tide OF our prosperity has risen
! to such an unprecedented height that
the only limit TO trade Is our ability