South Bend news-times. (South Bend, Ind.) 1913-1938, 1916-06-16

Prophecy is fulfilled The eternal
rerities OF righteousness have pre-
vailed. Undismayed by the calami-
ties Of war. unmoved by Evaporation
and vain defamation. holding 20 the
pure altar Of truth. the schooImaster
is statesman. the statesman anancier.
the duancie- emanclp..tor. the euan-
cipator oacihcator. the pacifcator
the moral leader Of democracy
The nation is at work The nation
is az peace. The nation is accom-
plishing the destiny OF democracy.
-Four years ago the nation wa not
at work. With resources boundIess.
with a hundred million people eager
TO achieve and do. commerce Ian
guished. industry halted. men were
idle. The country struggled i'm the
tolls OF an inadequate financial sys-
tenn Credit was at the mercy OF
piracy. The small business man was
bound hand and foot. Panic hung
like a storm cloud over the business
world
factories. crowded railways and over
laden ships distribute 'alth and
comfort 20 uncounted millions the
world ever. Production outruns the
means OF distribution The parallel
OF American prosperity Is not found
In industrial history, nor rs il cause
less. II did not descend. like mer-
ciful accident. from heaven To Is
I'll.
vised tariff. II is not the result of
destructive legislation. II cannot be
attributed 10 the manufacture of war
materials. constituting a bare five
per cent OF the volume Of national
business War is destruction. not
production. War curtails interna-
tiOnal trade. War depresses indus
trial energy. When the European
cataclysm struck the world. mora
toria like a blight upon many of the
neutral nations, but not upon the
United States
There stands the astounding phe-
nOmenOn Of American prosperity.
What is its explanation The Eu-
cid Of financial theory worked 10 a
demonstration. measures for the
country's relief He promptly put
into effect the legislative expression
or a great program. He did not talk.
Re did things. He dynamited the
monetary dams and let credit flow
20 the remotest corners OF the land
it's spray dashing even upon foreign
shores. He released the nations re-
sources and set the energies of all
men TO exploit them. He destroyed
commercial slavery. He struck of
its shackles. The prosperity of the
nation is the product of statesman
ship and financial genius. American
credit is now limited only by its own
honesty and capacity The cause
being undisturbed, the effect must
remain. The schOolmasuer is states
man. he statesman is financier the
hnancier is emancipation. With Lin
coin. the emancipation OF the chattel
slave he will live forever as the
emancipation OF the commercial slave.
The nation - at peace in n world
of war. America is confronted with
appalling realities. IL is not the part
of wisdom to play with phantoms,
deal in riddles. or seek TO entertain
the national imagination with the
legerdemain of language. To build
words mountain high as the throne
of vanity and ambition should not
be an American pastime. An at
tempt 10 catch the presidency 10y
phrases IS the work OF folly The
function OF a sounding brass and
tinkling cymbal is not germane to the
tragic conditions OF the world When
the fate Of millions is at stake. il is
not the part of any man 10 stack the
cards. With civilization i'm peril. the
sphinx becomes An anachronism
With the whole world tense and anX-
icus. patriotic advice and suggestion
are OF more value than abuse and
defamation. Speculation willis I'm the
blaze Of truth. Abusive phraseology
shrivels before the relentless fact
Honesty is the commanding quality
OF a free and patriotic American.
Realities Facing Is
What are the realities that face
us2 In Mexico exist the potential
tiles OF civilization. In her wealth
her history. her schools, her religion
her needs. her very suffering and
patriotism lie the iDdestructibIe seeds
of progress. To have conquered
Mexico would have seated death al
the American freside. u would have
destroyed our prosperity and added
hundreds of millions OF taxation "a
the burden OF the nation Il would
have planted distrust and hatred o..
the United States I'm every South
American republic. 10 would have
forfeited the respect of the world
IL would have substituted the tenets
OF Imperialism for the principles O.
Americanism. IL would have pros
tituted the bravery and patriotism of
American arms 20 the greed and aV-
arice OF concessionaries. II would
have robbed the United states OF the
grandeur Of her mission amongst the
nations OF the earth. 10 would have
made might right and repudiated tn,