The Daily Ardmoreite. [volume] (Ardmore, Okla.) 1893-current, 1920-07-02

which is the fundamental requirement
Of declaratory action by the congress
before this nation may become 4
participant in any war.
Conduct of the War
During the war President Wilson
exhibited the very broadest concep.
ton Of liberal Americanism. In his
conduct of the war, as in the gen.
cral administration Of his high offices,
there was no semblance Of partisan
bias.
He invited to Washington as his
counsellors and coadjutors hundreds Of
the most prominent and pronounced
republicans in the country. To these
he committed responsibilities of the
gravest import and most confidential
nature. Many of them had charge Of
vital activities Of the government.
And yet, with the war successfully
prosecuted and gloriously ended the
Republican party in congress, far
from applaudinS the mastery lead
ership of the president and felicitating
the country on the amazing achieve.
las meanly requitted the considerate
course of the Chief Magistrate by
savagely defaming the commander in
chief Of the army and navy and by
assailing nearly every public officer
Of every branch of the service inti-
mately concerned in winning the war
abroad and preserving the security
of the government at home.
To American Soldiers and Sailors
We express to the soldiers and sail.
ors of America the admiration of
their fellow countrynnen. Guided by
the genius Of such commanders as
General j. J. Pershing, the armed
force of America constituted a decis.
i've factor in the victory and brought
new luster to the flag.
Financial Achievements
A review of the record Of the demo
cratic party during the administration
of Woodrow Wilson presents a chapter
of constant achievements Of greatness
and craftsmanship leading to a souni
financial standard.
BY the enactment of the federal re.
serve act tn cold system which brco
panics, was replaced by a new system
which insured confidence 1t was an
indispensable factor in winning the
war and today it is the hope and in
spiration Of business.
Republicans and Speculation
Indeed, one vital danger agains-
which the American people should
keep constantly on guard is the com
mitment of this system to partisan
enemies, who struggled against its
adoption and vainly attempted to re-
tain in the hands Of speculative bank
ers a monopoly Of the currency and
credits Of the nation Already there are
well defined indications of an assault
upon the vital principles of the sys-
tenn in the event of republican sue.
cess in the November elections.
Democracy Financed War
Under Democratic leadership the
American people successfully financed
their stupendous part in the greatest
war Of all times. The treasury wisely
insisted during the war upon meeting
an adequate portion of the war expen-
ditures, from current taxes and the
bulk of the balance from popular loans
and during the first full fiscal year
after fighting stopped upon meeting
current expenditures from current re.
ceipts notwithstanding the new ana
unnecessary burdens thrown upon the
treasury by the delay. obstruction anc
extravaganza Of a Republican con-
gress.
Free of Political Interference
The non-partisan federal reserve au.
thoritles have been wholly free of po-
litical interference or motive, and in
their own time and their own way,
have used courageously, though eau
tiously the instruments at their dis.
posal to prevent undue expansion or
credit in the country. AS result cf
these sound treasury and federal re-
serve policies the inevitable war IN
flation has been held down to a min,-
mum and the cost of living has been
prevented from increasing in proper,
ton to the increase in other belliger-
ent countries and in neutral countries
which are in close contact with the
worlds commerce and exchange.
All Honor Due America
We condemn the attempt of the Re-
publican party to deprive the American
people of their legitimate pride in the
financing Of the war-and achieve
ment without parallel In the financial
history of this OF any other country
in this or any other war.
Back Into Party Arena
In particular We condemn tho perni,
clous attempt OF the republican party
to create discomfort among the holders
OF the bends of the government OF
tho United States and to drag our pub,
llo finance and our banking and our,
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