Cresco plain dealer. (Cresco, Howard County, Iowa) 1913-1945, 1916-04-21

was really submitted fer the purpose o
preventing an income tax. The repub
lican leaders who assisted in securing
the submission of the amendment did i
to defeat bill providing for an income
tax and did not expect the amendment
to be ratified; they were caught il
their own trap.
Fourth: The democratic party is en-
titled to credit for the new currency
law. The republicans had talked cur
rency reforms for twenty years, but
did nothing; the democrats went tt
work and brought about change
which gives us the best currency law
we have ever had. 1t vindicates the
right of the government to issue paper
money; it destroys the monopoly which
the national banks have held of favor
from the federal government; it takes
from Wall street it's controlling influ-
ence as money center and establishes
twelve financial centers in different
parts of the country, all linked to-
gether at Washington and controlled
by responsible government officials.
The democratic party has right to ex-
pect gratitude from the business world,
which has been released from the grip
of the money trust, and from the po-
litical world, which has been set free
from the tyranny of few money mag
mates.
Fifth: The democratic party de-
serves credit for having entered upon
program which contemplates the COM
plete overthrow of the principle of pri-
vate monopoly; it has already made
start and is building upon the only sure
foundation, namely, that private mo-
nopoly is indefensible and intolerable.
Its services ought to be appreciated by
the smaller corporations which find an
added sense of security in the anti
trust laws already passed.
Sixth: The democratic party de-
serves credit for the enactment of the
long promised measure giving to the
PHILIPPINES the promise of independence,
thus answering the charges that have
been made against our national purpose
and restoring to US freedom to pro-
claim to the world the doctrine that
governments derive their just powers
from the consent of the governed and
not from superior force.
Seventh: These are some of the sub
stantial results of harmonious cooper
alton between democratic president,
democratic senate and democratic
house. During the accomplishment of
these domestic reforms the administra
ton has been dealing with diplomatic
problems of great delicacy. 1t de-
serves credit for having resisted the
demands of those who tried to force
the government into intervention in
Mexico. The policy of "watchful wait
ing" has saved us untold loss in life
and money, and it is not improbable
that by refusing to intervene this ma
ton escaped the awful responsibility of
starting the European war.
Eighth: The democratic party de-
serves credit also for the fact that it
has not allowed the country to be
drawn into the European war, although
the course of neutrality has been beset
by many difficulties. Our nation has
suffered at the hands of both sides, but
the injuries were not intended against
us, they were Incidental to the: war
which beligerent nations are waging
against each other.
Ninth: This administration has very
much improved our relations with Latin
America. A policy of friendly cooper
alton has been substituted for dollar
diplomacy, the legations in Argentina
and Chile have been raised to embassies,
the offer of mediation rendered by
Brazil, Argentina and Chile was ac-
cepted in the dispute with Mexico, i'm
portant treaties have been negotiated
with Nicaragua, Columbia and Hayti,
and all South and Central America has
been brought to the cordial support of
the Monroe Doctrine.
Tenth: The democratic party de-
serves credit for the negotiation, by
this administration, of thirty treaties,
on new plan, providing for investiga-
ton by an international tribunal of all
disputes of every kind before any dec
laration of war or commencement of
hostilities. These treaties are with ma
lions exercising authority over one bill
lion, three hundred million people, or
three-fourths Of the inhabitants of the
world, and make war between the con-
tracing parties remote possibility.
On the subject Of preparedness the
record of the party has not yet been
made up. The President has announced
q program and made a non-partisan