The Daily Ardmoreite. [volume] (Ardmore, Okla.) 1893-current, 1920-09-28
KEYNOTE SPEECH OF
CONGRESSMAN CARTER

HeDuUuClH ADMINISTRATOR PAiOi ~
1913 not one serious effort was made
to fulfill that pledge, You had that
dinged into your ears by every poll
tica, party until like the Indiana far
mer when shown the blood-ooZing
hippopotamus for the first time, you
were ready TO say. 'aw hell, there
hain't no sich animal But you know
now that there is such an animal as
rural credits, because q democratic
congress has passed one which has
given the farmer Q chance to borrow
cheap money on his land at the low
rate Of five or six per cent with terms
OF from five 10 forty years.
Good Roads
Eighth. good reads. How long have
We heard the wall Of necessity for
some organized system 10 farm roads
Of our country by the federal govern
ment? Did you ever get a response
from any republican administration?
All. no. il was left for democratic
administration 70 keep this pledge and
give the first recognition Of our rights
10 share in the funds OF the federal
treasury for good roads when author
i.ation was made In 1916 for seventy
five million dollars appropriation
Since that time fifty million dollars
have been appropriated most OF which
has been used throughout the United
States ana for the coming fiscal year
twenty-five million dollars is appro-
priated Of which Oklahomas share
will be almost three-fourths of q mil
Ion. in passing II misiS be pertinent
10 add that under its pretense Of fa'se
economy the last republican congress
failed to authorize any further APP
propriatons for this fund, so unless
some provision IS made in the mean
time we will find all future aid to our
public reads cut OFF after the coming
fiscal year.
Ninth, the Lever agricultural ex-
tension act, which extends educational
facilities 20 the boys and girls on the
farms.
Tenth, vocational educational act
which provides cooperation with the
states in promoting vocational ecuca-
tion and training Of teachers in vo-
ca..ona' subjects.
Eleventh, creation Of a department
ct labor
wei.yh safety to railway employees
cct.
ThrtaeIth, ca..i labor law.
Fourteenth, creation OF the shipping |
to,rI 10 establish and provide ma
cn.rery for developing our merchant
l,.arne. which has restored the
american flag to It's riehtful place on /
n niFn seas Of the world.
rfteenth Clayton act prohibiting |
irJerlocking directorate and defining
I'd expanding the provisions Of the
rierman law ana opening the door
opportunity 20 al, character Of !
email business.
Sixteenth. creation OF federal trade
commission TO investigate and regu-
ia.e unfair methods Of competition. |
thereby affording further protection
TO small business men.
Seventeenth, Underwood tariff act.
reducing the duties Of necessities and |
increasing the duties on Injuries.
Eighteenth, the act directing the In
tcrs,ate commerce commission 10 make
physical valuation OF railroads by |
which !, will be possible TO squeeze
the water from railroad stocks.
Y nc,eerth, the income tax. which, |
together with our asset currency plan |
enabled Us 10 finance the recent world |
war.
Reserve Bank Act
Twentieth. he fedora reserve |
banking sct. For more than half a
injury the republican party during /
FER administration had kept fastened |
~ the commercial ana financial in |
~es Of this country an antiquaied |
Tex ble. panic-breeiing currency |
,'stsm unable to respond to the IL
r-ncal domands and commercial needs
Of the country and completely domin- /
ed and controlled by less than . doz- |
c1 bg financial men in one little ave-
nrc in New York City. known as Wal |
Street During this time we had been |
uoJcc.ea TO four devastating panics. |
leaving in their wake lost fortunes. |
ruined homes. deso'auon and broken I
h.arIs. and now this great republ- (
can party. responsible Tor all these /
losses, responsible for al these evils. |
responsible for all this rufferng ana !
ruin presents Itself 10 the people as
the simon-pure, safe and sane busi- |
ness party the very evange' angel Of .
sound commercialism, and, in order to
adequately express ourselves we are
iorcs3 10 language Of the street and |
inquire. can you beat IT,"
Republican Failure
Fifty years OF Republican neglect
end failure Fifty years Of idle fid-
ding while Rome burned Now let us
see what the Democrats did In
April, 1913 a Democratic congress
vas called in extra session By a
Democratic president for the first
time IN eighteen years, and it i'm
mediately went TO work on q cur
rcncy bill. On December 90, 1919,
within about eight months after this
session met, this rigid archaic. cur
rency system provided BY the Fed
cral Reserve Banking Act. which act /
Is now agreed by al TO be safe sane
and sound, and which even during
these turbulent. chaotic times has
proven panie-nroof In fact. IL is
conceded 10 be the greatest piece OF
constructive financial legislation not /.
only in the history OF our country.
but in the history Of the entire world |
AL fair-minded men Of all parties
now agree that without the income |
TAX and Federal Reserve Act. the |
financing Of the recent world war |
By the United States would have
been impracticable and Impossible.
In the World War
While these accomplishments Of the .
Democratic party In time OF peace /
were remarkable, valuable and splen-
did. the achievements Of this same |
administration in eighteen months OF |
war were SO brilliant, so astounding. |
co glorious. as 10 not only meet with |