The Twin Falls times. [volume] (Twin Falls, Idaho) 1905-1916, 1916-10-05

cause they know that this prosperity
is going to be permanent and that
these investments will pay more and
more as time goes on. All the great
financial companies are investing
large amounts of money, feeling that
they will reap increased profits from
a prosperity that is just beginning in
stead of nearing an end If things are
going to smash at the end of the war
in Europe, the very worst thing that a
man can do is to invest money, be-
cause if things go to pieces his invest
ment will be worth less than the mon
ey. Now, there are Republicans here,
| am sure, and if they think that the
prosperity is likely to stop with the
end of the war, they ought to advise
people to quit investing now, and they
ought to quit investing themselves un-
til they see how things turn out. Is
there a Republican in this house who
will get on his feet and move that we
advise the people to stop investing
their money until the war is over?
VIII they stop investing their own
money? OF course not, for at the bot
tom of their hearts they feel that this
prosperity is going to continue.
l will tell you some reasons why
this prosperity is going to continue.
In the first place, the Democratic par
ty under Woodrow Wilson, has passed
the federal reserve act. Lately the
other fellows have pretended to dis
cover that this act is not a good one.
You go into your national banks and
you will see little card fastened up
bearing the words Member Federal
Reserve" The politicians may claim
/ that this is not a good measure to try
to fool the people, but they do not de-
ceiVe the banker. The banker knows.
And they don't fool the people. This
! legislation has insured plenty of mon
ey and free circulation where money
is needed You used to hear a great
deal about money power and the mon
ey trust. You do not hear that any
more, because this legislation has des-
troyed the money trust. You do not
hear people complaining about lacking
money to move crops because they no
longer lack it.
Then we revised the tariff. Some
body will say that we need protection.
Well, the fellows who are selling thir-
ty-cent wool and eight or nine dollar
lambs do not need protection very
badly The demand for goods under
DemOcrdllc prosperity has DeSn 50
great that prices have all gone up. The
other day my wife bought a dollar
lamb roast and when she told me what
it was and what she paid for it,
took out a dollar bill and laid it on
the roast and the bill covered half the
roast When / told my wife she said
it was my fault because L had talked
her into voting the Democratic ticket
and times had become prosperous and
prices had gone up.
After a discussion of the child labor
bill, the income tax bill, and good
roads bill, eight hour bill and the ru-
raj credits bill, Governor Alexander
turned to state issues. He began this
part of his speech by saying that he
would ask the people to look upon him
as an ordinary human being who was
capable of making mistakes and who
had made some of them. He was just
an average man trying to do the best
he could. Every merchant who bought
goods knew that sometimes he made a
mistake and bought the wrong goods
which he had to sell at loss. He