The Penn's Grove record., 1916-09-08
Be BIG AMERICANS
President Wilson's Acceptance
Takes in the Humanity of
This Continent

PRESIDENT Woodrow Wilson was formally
notified of his denomination as the
Democratic candidate for President, be-
tore an audience Of 10000 persons. He
SAID in part, as follows:
Il cannot accept the leadership and
responsibility which the national Demo-
cratic convention has again, in such gem
efous fashion. asked me to accept with
out hrst expressing my profound graft
tude to the party for the trust it re-
poses in me after four years of fiery
trial in the midst of affairs of unpre-
cedented difficulty and the keen sense Of
added responsibility with which this
honor fills Il had almost said burdensk
me as think of the great issues of ma
tonal life and policy involved in the
present and immediate future conduct of
our government. l shall seek, as 1 have
always sought, to justify the extraordin-
AIRY confidence thus resposed in me by
striving to purge my heart and purpose
OF every personal and of every mislead-
ing party motive and devoting every
energy | have to the service of the ma
ton as a whole, praying that l may con-
tilue to have the counsel and support of
all forward looking men at every turn
- 'HN hiAiNtII DLhSlueSS.
For l do not doubt that the people
OF the United States will wish the
Democratic party to continue in control
o1 the government. They are not in the
habitof rejecting those who have actu-
ally served them for those who are MAX
ing doubtful and anjectural promises of
service. Least of all are they likely to
substitute those who promises to render
them particular services and proved
lalse to that promise for those who
have actually rendered those very SER
vices.
There is no means of judging the
future except by assessing the past.
Constructive action must be weighed
against destructive comment and reac-
ton"
Mr.. Wilson asserted that the Repub-
hcan party was put out of power be-
cause of practical and moral failure.
because it had served special interests
and not the country at large. Banking
reform, the interests of the farmer and
the army and navy had been neglected.
SET FREE TO MOVE.
) things stood when the Democrat
ie party came into power. How do they
stand now? Alike in the domestic
Held and in the wide field of the COM
merce of the world. American business
and life and industry have been set free
to move as they never moved before.
1.-The tariff has been revised not on
the principle of repelling foreign trade.
but upon the principle of encouraging
it upon something like a footing of
equality with our own in respect of
the terms of competition, and a tariff
board has been created whose function
1t will be to keep the relations of Amer
lean with foreign business and industry
under constant observation for the
guidance alike of our business men and
of our congress. American energies
are now directed toward 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 d.
rected against big business, but only
against unfair business and the pretense
of competition where there was none
and a trade commission has been created
with powers of guidance and accommo-
dation which have relieved business men
of ~unfounded fears and set them upon
the road of hopeful and confident en-
terprise.
"By the federal reserve act the sup
ply of currency at the disposal of ac-
tive business has been rendered elastic.
taking its volume not from a fixed
body of investment securities, but from
the liquid assets of daily trade, and
these assets are assessed and accepted
not by distant groups of bankers in con-
troll of unavailable reserves, but by
bankers at the many centers of local
exchange who are in touch with local
conditions everywhere.
DEMOCRATS ARE PROGRESSIVE.
"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 business men
in the money market. We have success
fully regulated speculation in futures
and established standards in the market
ing of grains. By an intelligent ware
house act we nave assisted to make the
standard crops available as never before
both for systematic marketing and as a
security for loans from the banks.
'The workingmen of America have
been given a VerltaD1e emancipation by
the legal recognition of a mans labor
as part of his life and not a mere mar
ketable commodity; by exempting Ia
Dor organizations from processes of the
courts, which treated their members
like fractional parts of mobs and not
like accessible and responsible individ-
uals; by releasing our seamen from in
I" voluntary servitude; by making adequate
provision for compensation for indus
trial accidents; by providing suitable
machinery for mediation and concilia-
ton in industrial disputes and by put
ting the federal department of labor ut
the disposal of the w~orkingman when
in search of work.
1--WE nave effected the emancipation
of the children of the country by re-
leasing them from hurtful labor. We
boua inStituta6 a Svctnm nf nationa1 old