The Celina Democrat. (Celina, O. [Ohio]) 1895-1921, 1916-09-08
Vhat pemoerata Have Done.

Ihe thfiU mas been revised, not on
the principle OF repellng foreign
trade, but upon the principle Of en-
couraging II, upon something Ike a
footing Of equality with our own In
respect of the terms of competition,
and n tarlff board has been created
whose function II will be to keep the
relations OF American with foreign
business and industry under constant
observation, for the guidance Of our
business men and Of our congress,
American energies are now directed
towards the markets of the world
The laws against trusts have been
clarified by definition, with view
to making II plain that they were not
directed against big business but only
against unfair business and the pre-
tense of competition where there was
none; and trade commission has
been created with powers of guidance
and accommodation which have re-
lieved business men of unfounded
fears and set them upon the road Of
hopeful and confident enterprise.
BY the federal reserve act the sup
ply of currency at the disposal Of ac-
tive business has been rendered elias
tic, taking Its volume, not from fixed
body OF investment securities, but
from the liquid assets Of daily trade.
Effective measures have been taken
for the recreation of an American
merchant marine and the revival of
the American carrying trade.
The interstate commerce commits
sion has been reorganized to enable
1t to perform its great and important
functions more promptly and more ef-
tiClently. We have created, extended
and improved the service of the par
GELS post.
For the farmers of the country we
have virtually created commercial
credit, by means of the federal reserve
act and the rural credits act. They
now have the standing of other bust
ness mSl in the money market We
have successfully regulated specula
tion in futures" and established
standards in the marketing Of grains
BY an intelligent warehouse act we
have assisted to make the standard
crops available as never before both
for systematic marketing and as a
security for loans from the banks.
For Labor and Children.
The workingmen of America have
haaT rriNr
by the legal recognition of mans
labor as part of his life, and not
mere marketable commodity; by ex-
empting labor organizations from proc
esses of the courts which treated their
members like fractional parts of mobs
and not like accessible and RESPONSE
bic individuals; by releasing our sea
men from involuntary servitude; by
making adequate provision for com
pensation for industrial accidents; by
providing suitable machinery for me-
diatiOn and conciliatlOn In industrial
disputes; and by putting the federal
department Of Labor at the disposal Of
the workingman when in search Of
work.
We have effected the emancipation
of the children Of the country by re-
leasing them from hurtful labor. We
have instituted a system of national
aid in the building of highroads such
as the country has been feeling after
for Il century. We have sought to
equalize taxation by means of an
equitable income tax. We have taken
the steps that ought to have been
taken at the outset to open up the re-
sources of Alaska. We have pro-
vided for national defense upon a
scale never before seriously proposed
upon the responsibility Of an entire
political party. We have driven the
tariff lobby from cover and obliged It
to substitute solid argument for pri-
vate influence.
Foreign Policy Stated.
in foreign affairs we have been
guided by principles clearly con
ceived and consistently lived up to.
Perhaps they have not been fully com
pretended because they have hitherto
international affairs only in
theory, not in practice. They are sim
Pile obvious, easily stated, and funda-
mental to American ideals.
We have been neutral not only be-
cause it was the fixed and traditional
policy of the United States to stand
aloOf from the politics of Europe and
because We had no part either Of ac-
ton or Of policy in the influences which |
brought on the present war, but also
because it was manifestly our duty to
prevent, if it were possible, the indeh- |
mite extension Of the fires Of hate and |
desolation kindled by that terrible con-
fiCt and seek to serve mankind by re-
for the anxious and difficult days Of
restoration and healing which must
follow, when peace will have to build
its house anew.
The rights Of our own citizens Of |
course became involved; that was in
evitable Where they did this was our
guiding principle: that property rights
can be vindicated by claims for dam
ages when the war is over, and no mod
arn nation can decline to arbitrate
such claims; but the fundamental
rights of humanity cannot be. The loss
Of life is irreparable. Neither can di-
rect violations Of a nations sovereign
ty await vindication in suits for Gam-
ages.
AS to Mexico.
While Europe was at war our own
continent, one of our own neighbors,
was shaken by revolution. In that
matter, too, principle was plain and it
was imperative that we should live up
to it if we were to deserve the trust of