Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1916-10-22

YOU as farmers, never were told
| take 1t, that YOU We're getting the in
direct benefit of the tariff. You were
! getting II with extreme indirection, be-
cause you were getting it by having
| duties placed upon almost everything
! that you had to use, and therefore
! the cost of almost everything you had
| to use was enhanced, and you were
| promised hardly more than this
| that if the country prospered YOU
! would necessarily prosper with this
country-but you would pay for the
| prosperity at a very considerable
price. That was not added, but thai
was implied.
''And the whole point of view o.
| our legislation has been this, that q
special set of men, who thought they
| could guide the nation better thar
anybody else and preferred to guide
| ii in private, asked certain chief ben
eficiaries of the tariff to come to
gether and suggest what the SEIZED
ules of the tariff should be. So tina
| these gentlemen have the idea, tina
! l have several times pointed out thai
it was best for us to be in the hanGs
| of guardians. Now, | for one, have
| come of age some time ago and | de-
! cline to live as a ward; | insist upor
| living as a grown-up individual, ready
to take my part in the councils of the
nation and to insist that | shall be
considered primarily along with the
rest and not secondary"
Federal Reserve Act.
The president then reviewed the
benefits of the federal reserve act, ant
! the rural credits act.
THE agricultural products of this
! country he continued, Judged bN
our opportunities and our soil ant
our native capacity, ought to be twice
what they are at present, and insteat
of the possibility of shortage there
! ought always to be the certainty o
the expectation of large bodies o.
grain from the United States.
80 what we are trying to do al
along the line is to establish coop
Grafton, general development, com
mon counsel and what I was glad L
have you gentlemen understand is tina
that is exactly the formula That tlt
everything that we have been trylni
to do. We have been trying to taxi
the government of this country out o
the control and from the guidance o
small groups and square it with tn
J
been trying to make a partnership 0
it, and | am glad to say we have sue
ceeded
Not One Man Government.
81 do not wonder that the gentle
men out of whose hands it has beel
taken are uneasy, because they ar
genuinely of the opinion that onl
they know how to run the country
and if / thought | was the only ma
living who knew how to run the coun
try. | would be very sorry to see
taken out Of my hands.
Il have a suspicion that has pee
forced upon me by many experiences
that | am not the only man, and VIVA
has surprised some of these gentle
men is to discover how many other
there are who really understand tn
United states. The United states
beginning to understand itself and
j. hsginuing.to understand. these gen
tlemen. one of the great lessons {
the European war has been that III
economic mobilization of the countr!
the economic coordination ana c'
operation of it, is Just as importaf
as the military cooperation OF 1t.
Does Not Expect War.
i am NOT eApeGllls 't that No IVA
get mo war. Nn ,nasor r,,e, neace
IN wnlch we nay pi e9 ad, .Si centlt
objected 10, ana ,, ti' sa,,o TAX tao6 som
men say 'hey "ouiu i'g iao,. tt" hay
other way tllat Woulq my ,y,,Di evnect
resulted IN war, oul 80 % into W. yya, paIt
ing inns country ~ ~ .',[o hes
~ because dllI ilo' IMl,uc,'' 70 max
Eehtieiile,, 10 ' @,,t o,,, ,,o,,, Glad +
a mess VI H. ''o uF 49,, ',' nrosont cor
llhe aQNs'i'l'c7 t1,o at+option of th
cehIratlol % ',,v ,,i'Ior5s of ,yar +
world upon the pIopIeIi'S VI ",'' TIA
make II eVideilI 10 tl!c ~ ,,,Gyhran,
these same ptoolei,'t 'lio Wv arononli
of peace, SO lar DIS ''eS al o' '''''''
problems, ,,,,.a.. ao,o,o,,,,ont Of III.
'The railway atN 'aop '', .t,,diod as
country never mas ,i,, nee'' T TIuu,eU are
whole, Tor one ll'ill7; - th