The sun., 1916-09-03

commoda,'on which have relieved BUSH
ness mel % unfounded fears and set
them upon the road OF hopeful and con-
hdent enterprise.
by the Federal reserve act the sup
ply OF currency at the disposal OF active
business has been rendered Ella site. TAX
Ing Us 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 g;ours OF bankers IN control Of
unavailable reserves. but by bankers Mt
The mary centres OF local exchange who
In torch with local conditions every
where.
~ tive measures have been taken
for the recreation Of an American mer-
chan, marine and the revival OF the
American carrying trade Indispensable
to our emancipation from the control
which foreigners have so long exercised
over the opportunities. TIE routes and the
methods Of our with other
countries
The Interstate Commerce Commission
is shl NJ 10 h re0rCa.. sed - eHah - 4 20
PEI form It's great and important func-
tons more promptly and more efficiently.
We have created. extended and i'm
proved the service Of the parcels most.
SO much We have don for business.
What other party has understood the
task so wei. or executed Il so intelli-
gently and enerGet'cally' What other
party has attempted II at all: The Re-
publican leaders apparently know Of no
means OF assisting business but pro-
lection" How TO stimulate II and put
II upon a new footing OF energy and en-.
terprise they have not suggested.
Farmer Aided In Many ways.
For the farmers Of the country we
have virtually created commercial cred!,
by means OF TIE Federal reserve act and
The ~ al credits act. They now have the
Standing OF other business mel, in the
money market. We have successfully
regulated Speculation IN futures and
stabl'she standards In the marketing
OF grains, BY an INTEL gent warehouse
act We have ASSISTED to make the stand
ard crops available az never before bot,
for systematic marketing and az a
security for !oars from the banks. We
have x ea'ly added TO he work OF neigh
horhood dcnonstratior on the farm Itself
OF improved met obs OF cult! vation. and.
through the iutell' gent extension OF he
functions 81 the Document OF Agr!cul-
ture. have made 1t pos si0ie for the farmer
TO learn systemlt!cally where his best
markets a.e ard how 10 get at them.
~ WV NV w <tlilfIAft nave Dten
given a veritab'e emancipation hy the
legal recognition OF a mans labor as
part Of his life, and not a mere market
able commodity by excmpting labor
organizations from processes Of the
courts which treated their members like
fractional parts %: MODS ard not Ike
accessible and responsible individuals by
releasing our seamen from %involuntary
servitude BY making adequate provision
S.. L.. -
dents: by providing suitable machinery
for mediation and conciiiatton in indus
tial disputes. and by putting the Federal
Department Of Labor ~ the disposal OF
the "workingman wien in search OF work.
We have effected the emancipation OF
the child' en- Of the rouhtry by releasing
them from hurttul labor. We have in
st itu,ed a system o: national aid in the
building Of high roads such AS the coun-
try has been feeling after for n century.
We have sought TO eaualize taxation by
means Of an equitable income tax. We
have taken the steps that ought to have
teen taken AT the outset to open up the
resources OF Al ska. We have provided
for national defence upon a scale never
before seriously propo cd upon the re-
spoons. bility Of an entire political party.
We have d, ivcn the tariff lobby from
cover and Obliged II to substitute sold
argument foi pr vate influence.
This extraordinary recital must sound
like a platform, a list OF sanguine
prom'scs, but II Is not. 1t Is n record OF
promises made four years ago and now
actually redeemed In constructive leglsla-
ton.
These things must profoundly disturb
the thoughts and confound the plans Of
those VITO have made tEems.lNcs believe
that tho Democratic party neither UNDER