The Bridgeport evening farmer., 1916-09-02

[lOWS:-
 [ not enough to the navy. The other republics of America distrusted us, | because they found that we thought | first of the profits of American in- vestors and only as an afterthought of impartial justice and helpful | friendship. Its policy was provin- cial in all things; it's purposes were out of harmony with the temper and purpose of the people and the timely | development of the nations inter- | ests.. -,.-
 | "So things stood when the Demo- | cratic party came into power. How do they stand now? Alike in the | domestic field and in the wide field | of the commerce of the world, Amer ican business and life and industry | have been set free to move as they | never moved before.
 The tariff has been revised, not l on the principle of repelling foreign | trade, but upon the principle of en- couraging it, upon something like a | footing of equality with our own in l respect of the terms of competition, and a Tariff Board has been created whose function it will be to keep | the relations of American with for eign business and industry under con- stant observation, for the guidance alike of our business men and of our l Congress. American energies are now directed towards the markets | of the world.
 "The laws against trusts have been clarified by definition, with a view to making it 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 a 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 supply of currency at the disposal of active business has been rendered l elastic, taking it's volume, not from a fixed body of investment securities. but | from the liquid assets of daily trade i; | and these assets are assessed and ac- cepted, not by distant groups of bank CTS in control of unavailable reserves, but by bankers at the many centres of local exchange who are in touch with | local conditions everywhere.
 Effective measures have been taken | for the recreation of an America n merchant marine and the revival of l the American carrying trade indispen- sable to our emancipation from the control which foreigners have so long exercised over the opportunities, the routes, and the methods of our com- merce wffh other c0,1ptries
 | "The Interstate Commerce Commis- sion is about to be reorganized to en- able it to perform it's great and im- portant functions more promptly and more efficiently. We have created, extended and improved the service of the parcels post.
 ''So much we have. done for busi- ness. What other party has under took the task so we'll or executed it ] so intelligently and energetically |? What other party has attempted it at all? The Republican leaders. appar- ently, know of no means of assisting business but protection How to stimulate it and put 1t upon a new footing of energy and enterprise they have not suggested.
 For the farmers of the country we have virtually created commercial credit. by means of the Federal Re- serve Act and the Rural Credits Act They now have the standing of other business men in the money market. We have successfully regulated specu- | lation in futures and established l'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
 We have greatly added to the work of neighborhOod demonstration on the farm itself of improved methods of cultivation, and, through the intelli- gent extension of the functions of the Department of Agriculture, have made it possible for the farmer to learn systematically where his best markets are and how to get at them.
 "The workingmen of America have been given veritable emancipation, by the legal recognition of mans labor as part of his life, and not a mere marketable commodity; by ex- empting labor organizations from pro- cesses of the courts which treated their i members like fractional parts of mobs and not like accessible and responsible individuals; by releasing our seamen from involuntary servitude; by mak- ing adequate provision for compensa- tion for industrial accidents; by pro- viding suitable machinery for media tion and conciliation in industrial dis putes; and by putting the Federal De-
 partment of Labor at the disposal of the workingman when in search of work.
 ''We have effected the emancipa ton
 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 a century. We have sought to equalize taxation by means of an equitable income tax. We have taken the steps that ought to have been talk en at the outset to open up the re- sources of Alaska. We have provided for national defense upon a scale nev- CT before seriously proposed upon the responsibility of an entire political