Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1916-06-14

that the miracle IL yet 20 be performed
which perfects human nature and lnbues
nations with the spirit to do unto others
as they would do unto us.
we deprecste the compuision but we
recognize the need OF the policeman on the
beat, tho safe In the bank and the watch
doE on the farm,
The war across the seas has brought
home TO us the fear that so long as men
nre men and nations nations, wars will
continue.
We have been aroused from our dreams
OF the millennium TO the knowledge that
nothing that men cherish Is safe from
assault that the man who would preserve
MS rights to life. to liberty and to happiness
must stand ready TO defend those rights
with the last drop of his bioed
We have been carried too close TO the
rocks of wer during the past two years to
believe that those rocks do not exist And
looking into the future we can perceive
that II our sovereignty Is not CHALLENGED. II
our peace is not assalled II will only be
because the world knows that we are
strong enough to defend ourselves from
every foe.
For these reasons this Administration
mas done more for our army and our navy
than any Administration in our history.
The Democratic party advocates and
seeks preparedness, but 10 is preparedness
ior defense, not preparedness for aRgrea-
sion.
We Of this convention. representing every
section OF the United States spealSInr for
every racial strain in America, must send
lorth message to all the world that will
leave no room for doubt
regard for national surety as we'll as n
pride of personal honor will, therefore
oring the American people to the support
OF their President. Whether their blood 10
ha nf
where the River Shannon flows; whether
they nan from Alpine valleys or the mead
ows OF the Pyrenees whether their descent
be German or French, Irish or English
Austrian or italian, Russian or Greek the
men who have sworn an oath of fealty to
the ideals of America will be true
DOMESTIC POLICIES.
IL Is more than coincidence that an ad.
ministratlon which has steadfastlv main
tained the peace and the honor of the ma.
ton, should have sought with equal energy
and equal success the internal nropresa
ana domestic prosperity which is the nat.
ural product OF tranquility and fair deal
ing
To attempt to describe the myriad ways
IN whlch this new spirit of government
has found expression would necessltate a
review of every national activity. a com.
pendium of every department of the Ma.
tlonal Government. We must content our.
selves here with brief consideration of
the great landmarks which chart the
change from government for the fortunate
few to an even.handed government in the
interest of all
The first of these is the Federal Reserve
act which freed the business man and the
farmer from the financial domination of
the money changers and lifted the menace
of panic from our Industrial life.
Five times during the past 80 years. at
when industry OH ipO
crops were abundant, the purse strings of
the country have frightened without ap-
parent reason and the nation has been de-
vastated by panics.
Throwing down the gauntlet to those
who had fattened on the system that made
these evils possible, this Democratic ad-
ministration passed the Federal Reserve act
The safety, the simplicity, the effective
ness of the Federal Reserve plan constitute
a terrible indictment of the Republican ad-
ministrations which had permitted panlcs
to continue without adopting it.
In the panic of 1907, under the old sys-
tenn, New York could not lend a country
bank $4,000 with which to meet factory
payrolls; in 1915. under the new system
inaugurated by this Democratic Admins
tration, New York loaned Europe FIVE hun
dred millions, even though the financial
centres of the world were disrupted by the
world war, and there were still left in New
York the largest bank deposits in its his
tory.
BENEFICENT LEGISLATION.
In the same spirit and with the same
motive that inspired the Federal Reserve
act this administration has devoted itself
to the stimulation of American industry
agriculture and trade through all the
agencies of Government.
1t has given new meaning and new
force to the laws restraining big business
from sitting competition.
1t has created a trade commission to
afford to business generally more direct
and prompt administration OF the laws
relating to business
II has established Government representa-
tlves throughout the world. whose sole
duty is to foster the expansion of American
trade.
1t has created a closer union of economic
commercial and financial interests between
the United States and the nations of South
America.
1t has declared in language that no
court and no employer can misunderstood
that "the labor Of human being is not a
commodity or article of commerce" and
work for him against their will.
II has freed the farmer from the chains
OF a financial system which was devised
for business and not for farming and has
that compensate him for the sweat OF the
harvest. the tilling of the soil.
THE TARIFF.
The Underwood tariff enacted by this
administration has banished greed from the
gates OF our ports and written Justice into
our tariff schedules.
OF all the tariffs we ever enacted this
Is the fAirest and the best.
BY the Underwood law this Administra-
tion has taken the tarin out OF politics; by
and of loom, lifting the mortgage from the
the new Tariff Commission II proposes TO
take politics out OF the tariff
Today Prosperity shines from blazing
furnaces and glowing forges, 1t echoes
from busy docks and from thronged EN-
porlums OF trade. Its message OF plenty
fills the land with the chant or the spindle
poor mans home and promising his chill
dren a future that seemed impossible be-
fore.
The prosperity of today is a true prosper
ity, for 1t is founded on true balance be-
tween agriculture. manufacturing and COM
meroe. ASK the first man you meet how
many Of his friends are employed In munl-
ton factories! Ask the bankers you know
how many OF their accounts are munition
makers accounts Their answer win show
what q trivial figure war orders play In cur
business today.
THE MAN
Amerlcanism and peace. preparedness and
prosperity-these are the issues upon which
the Democratic party stands, and the heart
of I1amocraeV aKvatIa With nrtda sh.k