Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1916-06-15
Senator James declared that 1t alone
averted panic at the outbreak OF the
E,l1ropean war.

averted panic at the outbreak Of the
European war.
What would have been the result II
| the old republican system had been in
effect?" he asked The stock ex-
| changes in every city in the world
were closed Europe poured It's vast
holdings in pletharglc streams upon
our shores. Who thinks that the old
republican system Of finance under the
guidance Of those patriotic guardians
would have been able to Withstand this
mighty cataclysm? But what was the
result? Not a bank closed it's doors;
not a laborer was thrown out of en-
ployment; not a business was forced
into bankruptcy; but there stood
strong, serving the masses OF mankind,
this great legislative achieve ment OF
the democratic party. AS the master
achievement of Woodrow Wilson, to
my mind. next to keeping hundred
million people at peace with the world,
the historian will record the federal
reserve law"
Declaring that self defense and
preparation for it is as necessary now
as ever before" the speaker pointed
to the administrations preparedness
prog dill DIS d pIool ilIdl tIiC poA ~ w
lieved in preparedness without mill
tarsm.'
IN 1906" he continued. 81 attended
the great peace conference held in
London. I thought that the millennium
Of peace had come and such thing
as the worlds war was impossible; but
that day when the christian heart shall
rule the world is not in sight. We
must not mistake dishonor for peace,
as we can not mistake oppression for
peace. Woodrow Wilson and the
democratic party advocate an army
big enough to make aggressors think
the second time before they strike
blow Democracy wants an army and
a navy in keeping with the dignity.
preservation. and worth Of this great
republic. We do not want foot of
anybody else's SOIL and, by the eternal
God. they shall not take foot Of
ours
During this administration We have
done more to build up an army and
navy in three years than the repub-
lican party did in forty years Of its
existence More has been done to give
the American people a navy and army
in three months than Colonel Roose-
welt and Mr.. Taft did in eleven years
National Defense.
Senator James spoke Of the repub-
lican platform declaration for "a con-
tinuous policy Of national Defense de-
claring that only two propositions for
continuous policy ever had been
made in American history, one. by the
general board of the navy in 1903.
,-h; oh, -bnlel rppnh-
lican secretary Of the navy, and the
other by President Wilson in his ad-
dress to congress last December.
But what happened when this mat
ter was under consideration in the
naval affairs committee Of the house,
continued the senator. Every repub-
lican member on the committee decid-
ed to oppose the presidents 'contin-
uous program and would vote for no
program longer than one year. After
sixteen years of failure even to le.
the public know of the continuous
policy proposed by naval experts
much less to carry out such 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"
The republican plank, declaring for
IAN effective system of rural credits
as opposed to the ineffective law pro-
posed by the present democratic ad-
ministration," was assaied by Sena
| tor James. who declared that almost
every republican in the house and SEN
ate had voted for the administration s
rural credit bill and that none had
charged that it was ineffective or had
proposed a substitute.
The senator also replied to republic
can criticism Of the Administrations
shipping bill which, he declared, would
have given the United States an ade-
quate merchant marine by now had it
not been killed at the last session Of
congress by a republican filibuster
For the first time in the history Of
our country" said Senator James, at
ter reviewing briefly democratic iegis-
lation which he declared had made
prosperity possible. "the United States
| leads the world in exports. We are
more prosperous than ever. and mills
which have not turned a spindle for
years are now busy. All the laborers
OF the United States are employed as
never before With the world-war rag
ing. our country is the only neutral
one that is not in distress and the only
one that has not declared a mora
forum. Every demand Of the stress of