South Bend news-times. (South Bend, Ind.) 1913-1938, 1916-06-15

I TEN OF finance under the guidance
I Of those patriotic guardians would
have been able TO with stand this
mighty cataclysm? But What was
I the RESULT Not A bank closed its
! doors; not "a lab1rer was thrown out
| of employment; not q business vas
forced into bankruptcy. hut there
stood strong. serving the masses of
mankind. this great legislative
achievement of the democratic
party AS the master achievement
| OF Woodrow Wilson. to my mind,
| next to keeping a hundred million
| people at peace with the world, the
historian will record the federal re-
serve law"
Believe in Preparedness.
He showed that the democratic
party believed in preparedness with
out militarism by pointing TO the ad-
ministration's preparedness pro-
gram. The chairman declared that
self defense and precarnation for 1t
is as necessary now as ever before"
In 1906" said the speaker 81 at
| tended the great peace conference in
London. 1 thought that the millen-
ium of peace had come and such a
thing as the worlds war was impos-
sible, but that day when the Chris
tan heart shall rule the world is not
| In sight. We must not mistake dis
honor for peace as we cannot mis-
take oppression for peace. Woodrow
| Wilson and the democratic party ad-
| vocate an army big enough to make
| aggressors think the second time be-
| fore they strike a blow. Democracy
| wants an army and navy in keep
| ing with the dignity, preservation
and worth of this great country. We
do not want a foot OF anybody else's
soil and, by the Eternal God, they
shall not take a foot of ours.
Attacks G.. o. II. Platform.
During this administration we
have done more 10 build up an
army and navy in three years than
the republican party did in 40 years
Of its existence. More has been done
| 10 give the American people a navy
and army in three months than Col.
Roosevelt and Mr.. Taft did in II
years"
Chairman James attacked the re-
publican platform declaration for "a
| continuous policy OF national de-
| Tense" as hypocrisy. He said that
| only two propositions for a con-
tinuous policy ever had been made
in American history. One of these,
he said, was made by the general
| board of the navy in 1908, which
| y as pigeOn-hOled by a republican
secretary Of the navy. and the other
| by Pres't 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," asked the speaker. Every
| republican member on the commit
tee decided to oppose the president
| continuous program and would vote
| for no program longer than one year.
| After 8 years of failure, even to let
| the public know of the continuous
| policy, and after the republicans on
| the house naval affairs committee in
| June, 1916. unanimously opposed
the presidents policy, they now say
| they favor the continuous policy"
Assails Credit Bill.
Continuing, Sen. James assailed
the republican plank for IAN effect
| i've system OF rural credits as op-
posed TO the ineffective law proposed
| by the present democratic admins
/ tration." He said that nearly every
! republican in the house and senate
| had voted for the administration
/ rural credit bill and that none had
| charged that it was ineffective or
| had proposed a substitute. He replied
| to the criticism Of the democratic
| shipping bill by saying that it would
| have given the United States an adj
| equate merchant marine by this time
| had il not been killed at the last
session Of congress by a republican
! flibuster
L. 5. Leads in Exports.
For the first time in the history
| of our country, the United States
leads the world in exports We are
row more prosperous than ever and
mills which have not turned a
| spindle for years are busy. All the
| labOrers of the United States are
! employed as never before. With the
VI ~ NoA eAf,AAb bAA AOAAlNA IL TIC
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"
Quoting from a declaration made
by Abraham Lincoln, Chairman
James compared Pres't Wilson's
Mexican policy to that Of Lincoln.
He said that Lincoln had declined
10 intervene when conditions were
| much the same as they are now.
! Sen. James said that the president
had acted quickly when there was an
invasion of American territory and
that the punitive expedition was do
| ing all it could with honor in Mex
/ leo.
1T is a perfectly easy thing" he
/ continued. for the president of the
| United States TO plunge his country
, into war if he is a politician before