Atlanta semi-weekly journal. (Atlanta, Ga.) 1898-1920, 1916-10-20
WILSON HAS PROVED
TO BE MAN OF DEEDS,
SAYS w. L. DOUGLAS

Christian president of Christian nation,
substituted the law of the Golden Rule!
And here's the fine thing about lit
actually works and Is. getting results.
ONLY THING POSSIBLE.
President Wilson did the only thing
possible. Had he recognized Huerta.
howl would have gone up all over the
United States. Taft himself would NOT
|.recognize Huefta. For us TO have inter
vened (and intervention means war
make no .istake about that would have
been bigger disgrace and a greater In
justice than the Mexican war. of as46.
This plan of settling disputes with Mex
leo through commission has, been a.
Godsend to that dis tracted country II
is a fine thing for us to have played
the genuine big brother to, country
whose people are now coming into ma
tional consciousness and are just as
keen for liberty and justice as we are.
1.-THE greatest single enactment OF the
Democratic congress? The federal re-
serve act! 1 consider that the greatest
riece of constructive legislation in the
history of American business. Had
President Wilson accomplished not one
other single thing, he would deserve re-,
election, on that act alone. II will open
I'D the markets of the world and in
crease our business enormously. We
~
America now-before we could not But
more imuortant-it became operative
just in time to save our country from
a disastrous financial panic, Before
that act was passed the W. J.. Douglas
Shoe company, of which L am president,
had 10 pay PEI cent interest for
money. Since that time plenty of money
can be had for from 5 to per cent
This law has benefited all business and
=. e.. ~
perity which this country is now enjoy
ing. .--
"The Underwood tariff law revised the
arift downward, and was a master
piece of legislation. / am opposed to
tsriff revision upward. We now need
Industrial education and efficiency in our
manufacturing industries! We need
young men so educated that they will
understand every detail in the, manu-
featuring and marketing of all classes
OF goods produced in this country. After
the war we will have to meet compe-
tition from those countries which lead
in industrial education and efficiency.
Our great industries lack men compe-
tent to take the places of the present
captains of industry. Congress should
consider this matter and have the In
dustrial commission, or a social COM
mission, ascertain what will best pro-
mote industrial education and efficiency.
What started prosperity? The fed
eral trade commission act. This COM
mission serves as the expert business
agent of the government, and deals
with business situations and disputes,
1t aims to clear the way for all legiti-
mate enterprises. The small man in
business now has equal protection with
The large and financially more powerful
competitors. This commission. in con-
rection with the Clayton act, gives all
business an open field. Hereafter no
more 'trust-busting' because every man.
ufacturer will know just what he can
do in conducting a legitimate business.
He will not be afraid of being hauled
into court because his business is large
and prosperous I believe the federal
trade commission act, with the Clayton
act, is the keynote to and opened the
way for permanent prosperity in this
country.
GOOD FOR BUSINESS
1.-THE w. L. Douglas Shoe company,
with business of over sS,O00,00O a
year naturally comes into contact with
every class in the country. Whatever
benefits the farmer benefits every busl-
ness interest in the United States. The
farmers credit now is as good as the
manufacturers, as it should be. The
federal farm loan act did the trick. That
law enables farmers to borrow for long
terms at a much lower rate of interest
on their property than ever before.
What's good for the farmer is good for
business!
THE eight hour law? 1t was the only
thing that the president could have
done. The law is founded on right prin-
ciple when applied to industries as a
whole, doing an interstate business, and
is bound to prevail. Not all people re-
alize the great service President Wilson
rendered the country by putting the
eight-hour question squarely UP to con-
gress. Their action prevented great
railroad strike If congress had not
settled the strike I believe that most
of the industries throughout this coun-
try would have soon had to close down.
Two days before the law was passed
this factory could not ship goods ow-
ing to the embargo placed on all freight.
The necessities of life would have shot
up in price and famine and mobs would
have been rampant hroughout the land.
1.-THE eight-hour act is only a part
of the presidents recommendations to
be considered by congress in December.
The president plans to harmonic the
between capital and labor and
make strikes impossible
For twenty-eight years the. Massa-
cliusetts state board of arbitration has
settled grievances relative to wages and
conditions in, the W. L. Douglas Shoe
company's factory at Brocktof which