The Bridgeport evening farmer., 1916-11-02

81 have used Duffy's Pure Malt
this: that in order to become conquer
ingly efficient" a nation must engage
din a great war, kill off millions of it's
best men, MAIN and otherwise in-
jure for life, millions more Of it's men,
bring widowhood and dependence upon
millions of It's women, make orphans
and dependents of millions of it's chill
dren, pile up colossal public debt so
that the burden of annual taxation
may be most oppressive, and then,
having been thus weakened, the ma
ton will be at the zenith of deficiency
and can successfully compete with the
strongest power in wealth, population
and natural resources upon the face
of the earth. This is the climax of
Republican humbug and buncombe.
But if we are really endangered in
the future we are prepared for it, We
have created q non-partisan Tariff
Board to investigate and inform Con-
gress as to the basis for intelligent leg
islation, and we have enacted anti
dumping and unfair competition laws
that will protect every legitimate in
terest against hurtful combinations
against us or unfair competition with
our people.
Mr.. Root is by common consent of
Republicans everywhere the greatest
statesman of the Republican party.
Craftsmanship implies vision, even
the gift of prophecy. If Mr.. Root,
the greatest Republican statesman, is a
false prophet, isn't it likely that Mr..
Hughes, who is not SO gifted, is also
a false prophet? have already read
to you Mr.. Roots grave and unrealized
prophecy of disaster if the Federal
Reserve Act was passed. Mr.. Root
and his colleagues have been. I repeat
discredited as prophets. They have
been crying disaster ever since the
Democratic Party took power, but
their gloomy predictions have been fall
sified by the facts. The truth is that
the Republican Party has no issue and
that it has entered upon a deliberate
ly organized campaign of humbug and
Misrepresentation, hoping that enough
people may be scared or fooled to put
it back in power.
The only thing that will endanger
the prosperity of this country is a Re-
The country would Immediately be
thrown into state of uneasiness and
uncertainty, and the Government
would be practically at a standstill
until March '4th, next. The Govern
ment would be without power to pro-
tect the country fully in it's foreign
relations, because all of the foreign
powers would assume that change of
policy would be inaugurated on the 4th
of March, 1917, and they would un-
doubtedly temporize with matters until
that time. A chill would be felt
throughout the business world, and
after the 4th Of March there would
be an upheaval over the tariff and fl
nancial questions. Mr.. Hughes has
declared for the standpat Republican
doctrine of a high protective tariff of
the old reactionary sort. Upon what
basis could business proceed until new
tariff legislation has been adopted? Mr..
Hughes does not tell us wherein the
tariff needs reform; he does not tell us
what particular lines Of industry need
protection, SO that the coun-
try would be in the dark as to the new
basis upon which business could pro-
coed with safety and confidence.
An effort to break up the Federal
reserve system and to establish in it's
place a central bank located in Wall
Street would also be disturbing ele-
ment Of the most serious sort.
Why should business men enjoying
now unexampled prosperity, farmers
who have never before received such
large returns for their toll, laboring
men who have never before been so
steadily employed at such high wages,
emit certainties under President Wilson
deliberately vote to exchange the pres
for the Uncertainties under Mr..
Hughes? It would be equivalent to
the good money of DEM
ocratic prosperity now circulating at
par throughout the land for the mere
promises to pay of Mr.. Hughes.
The Federal Farm Loan Act. or
Rural Credits Bill, approved by the
President the 18th day of July, 1916,
Is another measure which will greatly
and sustain the great pros
perity the country is now enjoying.
The Farm Loan System will organize
and make effective a great volume Of
farm credit now lying idle because un-
and unavailable, amounting
% hundreds of millions of dollars. The
of the Federal Farm
Loan Banks and the mobilization of
his idle farm credit will have the
magic effect Of bringing into circula-
ion within a few years a vast amount
IF new wealth. 1t will increase farm
development and add hundreds of mil.
ions of additional value to the produc-
i've wealth of the farms of the United
States.
This bill provides for the division
VI the United States into twelve farm
oan districts, and the establishment in
each of a Federal Farm Loan Bank. |
Each bank is to have a capital of |
B760,00o or 100000 in all. These