El Nuevo mexicano., 1916-06-15


not exist. Aud looking into the fu-
tufe we can perceive that II our SOW
ereisRty Ia not challenged. II u
peace is not gssailed it Viii only be
because the world knows that we are
strong enough TO defend ourselves
from every foe.
Modest Claim
For these reasons this administers
ton has done more for our army anG
our navy than any administration in
our history. al
More than this, it has mnhilized
the resources Of the nation to meet
the needs Of war It has placed the
wealth OF the country back Of the
strength of the country. the toiIer
back OF the soldier and the sailor.
And to our opponents We say you
can't create an army, can't create a
navy in the course Of a day; to them
we say # navy is not strong
enough, our army not big enough, the
Republican party Is eighty percent to
blame for the Republican party has
been in control of this nation eighty
percent Of the time during the past
fifty years.
The Democratic party a~dvocatks
and seeks preparedness, but it is pre-
paredness for defense, not prepared
ness for aggression.
1T is the preparedness which builds
the nations house upon a rock, so 1t
will not fall when the rain descends
and the floods come and the winds
blow.
"A regard for national surety as
well as a pride Of personal honor will
therefore bring the American people
TO the support of their president.
Whether their blood is drawn from
the banks of the Rhine; or where the
River Shannon flows, whether they
hail from Alpine valleys or the mead
owns of the Pyrenees, whether their
descent be German or French, Irish
or English, Austrian or Italian, Rus
sian or Greek, the men who have
sworn an oath of fealty to the ideals
of America will be true"
They may love the lands OF their
fathers much, but they love the land
OF their children more. They may
cherish the memory of the sod from
whence they sprung, but they stand
ready to die for the soil thai they
hallowed with their homes"
Promises Kept
In his review of our domestic policy
the temporary chairman pointed out
the promise made by democracy
four years ago had been faithfully
kept.
To-day the prosperity which the
nation enjoys bears witness that De-
mocracy has kept the faith. Today
the gates Of opportunity are open; the
hosts Of special privilege stand dis
armed. To-day the forces Of govern
are encouraging not blocking
The full expression of the nations pro-
sress. Today the business man, the
and farmer find themselves
tree to enjoy the fruits of their labors,
lnhampered by the sinister power of
privilege or the selfish OF
PRESTON Of invisible government
Federal Reserve Act
OF the Federal Reserve act, Mr..
lynn had this to say:
"In the panic of 1907, under the
I'D system, New York could not lend
! country bank $4,000 with which
meet factory payrolls; in 1915
lnder the new system, inauguFated
by this Democratic administration,
New Fork loaned Europe five hun
lred million dollars, even though the
financial centers of the world were
disrupted by the world war and there
we're still left in New York the
argest hank deposits in its history.
IF this Democratic administration
lad performed no other public ser
ice than the enactment of the Fed
raj Reserve act, it would deserve
he unstinted approval of a grateful
Iation. Thanks to Democracy and
o Democracy's great leader, the
BUSINESS man who is struggling to
establish himself may now work out
lis destiny without living in terror
4 panics and hard times. The toiler
the factory may ply his tasks in
%ecurity, knowing that his employ
rhs business is safe from assault.
he farmer who must borrow to move
is crops may do so, without spending
is days in anxiety, his nights in night
Mares of foreclosure and disaster"
"The Underwood tariff" declared
speaker, enacted by this admin
has banished greed from the
ates of our ports and written justice
Ito our tariff schedules.